Cash flow
$381,580
Revenue
$6,918,908
Down
Call/Email
Posting: 283736 | Available | 11/7/23
This Northern California business retails the top brands of high-performance sport-fishing power boats, as well as pontoon boats, special order bay boats, fish and ski family boats, tackle, boat parts, accessories, and clothing. The majority of the company's sales are new boats.
Asking Price
$1,295,000
Cash flow
$56,587
Revenue
$178,462
Down
Call/Email
Posting: 283401 | Available | 10/17/23
This great local boutique is located in the best shopping district in North Shelby County next to a great local anchor tenant. The store markets to it's social followers with continual notifications' of fresh fashion looks to several thousand repeat customers.
Asking Price
$120,000
Cash flow
$120,000
Revenue
$500,000
Down
$185,000
Posting: 283425 | Available | 10/17/23
Selling price has been lowered from $225k. For sale is a profitable and well-established bin store in east San Diego. It has 4000 sq. ft. space, has organized warehouse stack racks and forklifts, and 2 pallet jacks with a low rent of $7400 (including NNN).
Asking Price
$185,000
Cash flow
$50,000
Revenue
$140,000
Down
$100,000
Posting: 265223 | Available | 10/10/23
Red Rabbit Clothing, Jewelry, and gifts is centrally located in the picturesque town of Idyllwild Ca. They carry an assortment of women's casual clothing, unique accessories, gifts, and jewelry items.
Asking Price
$100,000
Cash flow
Call/Email
Revenue
$1,050,000
Down
$450,000
Posting: 280561 | Available | 10/2/23
Fashion Fix womenswear boutique in Palm Springs Village is on the market. Fashion Fix carries unique and trendy designs for women of all ages & sizes. They are dedicated to providing an excellent shopping experience for all their customers with a one-on-one customer experience.
Asking Price
$399,000
Cash flow
$35,000
Revenue
$139,000
Down
$76,000
Posting: 280567 | Available | 8/22/23
'The Elephant Walk Home Store' is located in the beautiful historic 'La Plaza' in the heart of downtown Palm Springs. This store carries a variety of unique gifts, home decor, jewelry, accessories, and clothing. This store is a perfect place to shop for visitors and locals looking for a gift.
Asking Price
$76,000
Cash flow
$85,000
Revenue
$567,000
Down
Call/Email
Posting: 282064 | Available | 8/7/23
In the heart of Santa Fe for decades, this acclaimed fashion boutique has established itself as the premier fashion destination for both the local community and well-traveled, sophisticated women.
Asking Price
$300,000
Cash flow
$1,810,598
Revenue
$8,133,641
Down
Call/Email
Posting: 277562 | Available | 7/19/23
This is a high-profit women's apparel company with large, retail customers for sale. This is a unique opportunity to acquire a long-established, women's clothing wholesaler with loyal, repeat customers in place. The company designs and wholesales various woman's apparel in regular and plus sizes.
Asking Price
$5,500,000
Cash flow
$59,611
Revenue
$306,210
Down
Call/Email
Posting: 281651 | Available | 7/14/23
For this Laguna boutique, the owner strives to source the highest quality attire, handpicked from designers around the world. Local residents and tourists have been peaking their imaginations with the latest sophisticated, cutting-edge styles. They have amazing jewelry hand-made by local artists.
Asking Price
$149,950
Cash flow
$104,000
Revenue
Call/Email
Down
$30,000
Posting: 280957 | Available | 7/14/23
Established for 30 years, this national and international branded clothing business is for sale! This business does approximately 60% of business online and 40% of retail business. It has a great lease that enables retail in front and online orders to be shipped from a warehouse in the back.
Asking Price
$299,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 276022 | Available | 2/15/23
This long-established Indian clothing business is for sale. The sales include furniture, fixtures, equipment (FFE), goodwill, and inventory. The owner is looking to relocate.
Asking Price
$89,000
Cash flow
Call/Email
Revenue
$330,000
Down
$49,000
Posting: 278914 | Available | 2/7/23
Located in Palm Desert on fashionable El Paseo surrounded by resorts and country clubs. Tony's carries only the finest Italian apparel made out of the finest fabrics designed for the Elite Country Club Man.
Asking Price
$49,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 278813 | Available | 2/2/23
Great location Indian clothing store for sale in Solano county. The store sells various Indian and Asian clothing for men and women.
Asking Price
$125,000
Cash flow
Call / Email
Revenue
$2,307,905
Down
Call / Email
Posting: 271388 | Available | 11/21/22
For well over a decade, a steady stream of loyal satisfied customers has beaten the path to the door of this stylish retail destination, unique to the Central Coast. Their highly profitable business model has proven to be Amazon-proof with daily sales totals regularly exceeding $10,000.
Asking Price
$750,000
Cash flow
Call / Email
Revenue
$1,473,000
Down
Call / Email
Posting: 268537 | Available | 8/19/22
This iconic boutique in the greater Palm Springs area. For over 11 years, they have been the desert resource for colorful and innovative contemporary European sportswear and premium sunglasses for both men and women.
Asking Price
$995,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 270313 | Available | 10/10/21
Shoes T Shirts Store for sale in Indio, Riverside County, California. Seller is retiring and inventory($180,000) included.
Asking Price
$240,000
Cash flow
Call
Revenue
Call
Down
$5,000
Posting: 256629 | Available | 10/5/21
This is an asset sale, no books or P&L. The sale prices is less than the assets which include tees, yoga pants, hoodies and hundreds of rhinestone heat transfer. Two websites plus domain names (lagarments.com is valued over $2,000 alone).
Asking Price
$5,000
Cash flow
$120,000
Revenue
$1,200,000
Down
$799,900
Posting: 214866 | Available | 4/9/21
Price reduced. High Volume Women/Kids/Sports/Mens Clothing. Established 2002. Great Income, Hispanic area in Escondido, No Competition. 10 years left on favorable Lease term. Average Annual Gross is $1,200,000. Average Annual Cash Flow is $120,000. 11,000 sf. Monthly rent $12,000 Includes NNN.
Asking Price
$799,900
Cash flow
$72,000
Revenue
$360,000
Down
Call
Posting: 251099 | Available | 10/15/20
Clothing Store for Sale in San Pedro. Man's wear, Women's wear, Levis, Dickies Pants. Ben Davis Pants, T-Shirt, Socks, Hat. Owner has run business in San Pedro, LA county, for 28 years since opening in 1991.
Asking Price
$120,000
Cash flow
$74,842
Revenue
$142,544
Down
$125,000
Posting: 280801 | Available | 4/24/24
This female athleisure-activewear brand focuses on functional fitness clothing that celebrates each of its client's unique features. The brand delivers eco-responsible luxury and comfort designed for everything from high-powered workouts to afternoon dog walks and errands (and in between!).
Asking Price
$125,000
Cash flow
Call / Email
Revenue
$1,473,000
Down
Call / Email
Posting: 268537 | Available | 8/19/22
This iconic boutique in the greater Palm Springs area. For over 11 years, they have been the desert resource for colorful and innovative contemporary European sportswear and premium sunglasses for both men and women.
Asking Price
$995,000
Cash flow
$59,611
Revenue
$306,210
Down
Call/Email
Posting: 281651 | Available | 7/14/23
For this Laguna boutique, the owner strives to source the highest quality attire, handpicked from designers around the world. Local residents and tourists have been peaking their imaginations with the latest sophisticated, cutting-edge styles. They have amazing jewelry hand-made by local artists.
Asking Price
$149,950
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 278813 | Available | 2/2/23
Great location Indian clothing store for sale in Solano county. The store sells various Indian and Asian clothing for men and women.
Asking Price
$125,000
Cash flow
$148,776
Revenue
$1,354,532
Down
Call/Email
Posting: 286151 | Available | 4/16/24
This well-established boutique with a loyal customer base presents a profitable business opportunity in high-end fashion. Situated in a prestigious locale known for its affluent clientele and upscale lifestyle, the boutique enjoys prime visibility and foot traffic.
Asking Price
$300,000
Cash flow
$35,000
Revenue
$139,000
Down
$76,000
Posting: 280567 | Available | 8/22/23
'The Elephant Walk Home Store' is located in the beautiful historic 'La Plaza' in the heart of downtown Palm Springs. This store carries a variety of unique gifts, home decor, jewelry, accessories, and clothing. This store is a perfect place to shop for visitors and locals looking for a gift.
Asking Price
$76,000
Cash flow
$85,000
Revenue
$567,000
Down
Call/Email
Posting: 282064 | Available | 8/7/23
In the heart of Santa Fe for decades, this acclaimed fashion boutique has established itself as the premier fashion destination for both the local community and well-traveled, sophisticated women.
Asking Price
$300,000
Cash flow
$104,000
Revenue
Call/Email
Down
$30,000
Posting: 280957 | Available | 7/14/23
Established for 30 years, this national and international branded clothing business is for sale! This business does approximately 60% of business online and 40% of retail business. It has a great lease that enables retail in front and online orders to be shipped from a warehouse in the back.
Asking Price
$299,000
Cash flow
$30,478
Revenue
$605,827
Down
Call/Email
Posting: 285745 | Available | 3/20/24
This established boxing club is a boutique fitness gym that has been in operation for nearly 9 years in Silicon Valley. The club specializes group boxing and kickboxing fitness classes 7 days a week, as well as private training sessions and a small amount of retail.
Asking Price
$149,000
Cash flow
$381,580
Revenue
$6,918,908
Down
Call/Email
Posting: 283736 | Available | 11/7/23
This Northern California business retails the top brands of high-performance sport-fishing power boats, as well as pontoon boats, special order bay boats, fish and ski family boats, tackle, boat parts, accessories, and clothing. The majority of the company's sales are new boats.
Asking Price
$1,295,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 276022 | Available | 2/15/23
This long-established Indian clothing business is for sale. The sales include furniture, fixtures, equipment (FFE), goodwill, and inventory. The owner is looking to relocate.
Asking Price
$89,000
Cash flow
$56,587
Revenue
$178,462
Down
Call/Email
Posting: 283401 | Available | 10/17/23
This great local boutique is located in the best shopping district in North Shelby County next to a great local anchor tenant. The store markets to it's social followers with continual notifications' of fresh fashion looks to several thousand repeat customers.
Asking Price
$120,000
Cash flow
$72,094
Revenue
$276,840
Down
Call/Email
Posting: 284905 | Available | 1/29/24
This is a tremendous opportunity to own a well-established hot yoga studio, located in Roseville, California, with a loyal customer base, solid online presence, and a large video library on-demand platform. The studio has a reputation for quality classes and service, as it has 5 star ratings.
Asking Price
$199,000
Cash flow
$442,000
Revenue
$1,032,000
Down
$689,900
Posting: 285496 | Available | 3/4/24
This is a charm kiosk business for sale. There are 6 locations. There is a patent pending for how the charm attaches. The locations grossed $1 Million+ for 2023. The patent info is being sold along with the business. The average net sales are approximately $442k+/annually.
Asking Price
$689,900
Cash flow
$50,000
Revenue
$140,000
Down
$100,000
Posting: 265223 | Available | 10/10/23
Red Rabbit Clothing, Jewelry, and gifts is centrally located in the picturesque town of Idyllwild Ca. They carry an assortment of women's casual clothing, unique accessories, gifts, and jewelry items.
Asking Price
$100,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 280543 | Available | 2/25/24
This is a ladies' jewelry and fashion accessories store for sale in downtown Los Angeles, fashion district. It is a good location with reasonable rent. It is easy to run and there is good potential for it to grow. They do retail and wholesale. This is an asset sale.
Asking Price
$30,000
Cash flow
$135,832
Revenue
$369,757
Down
Call/Email
Posting: 282909 | Available | 1/17/24
Stand behind your check-out counter and look out over the Pacific Ocean as you run your boutique. This business is 800 feet of retail space right on Pacific Coast Highway. With limited operating hours, you can maintain a healthy work/life balance while earning well into the six figures.
Asking Price
$350,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 270313 | Available | 10/10/21
Shoes T Shirts Store for sale in Indio, Riverside County, California. Seller is retiring and inventory($180,000) included.
Asking Price
$240,000
Cash flow
$65,000
Revenue
$150,000
Down
$250,000
Posting: 279403 | Available | 4/11/24
This California-based dog bakery and boutique is a California Sole Proprietor and has been in business for 15 years and under the same current ownership since inception. Nestled in a prominent area downtown, this baker provides many baked goods that are vegan and also contain no wheat, corn, etc.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
$1,050,000
Down
$450,000
Posting: 280561 | Available | 10/2/23
Fashion Fix womenswear boutique in Palm Springs Village is on the market. Fashion Fix carries unique and trendy designs for women of all ages & sizes. They are dedicated to providing an excellent shopping experience for all their customers with a one-on-one customer experience.
Asking Price
$399,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282766 | Available | 3/11/24
This is a well-established Pro Club t-shirts store in a great location. There are many regular customers and the net profit is very high. It is only open 6 days and business hours are 10 AM to 7 PM.
Asking Price
150,000 + Inv
Cash flow
Call
Revenue
Call
Down
$5,000
Posting: 256629 | Available | 10/5/21
This is an asset sale, no books or P&L. The sale prices is less than the assets which include tees, yoga pants, hoodies and hundreds of rhinestone heat transfer. Two websites plus domain names (lagarments.com is valued over $2,000 alone).
Asking Price
$5,000
Cash flow
$1,780,000
Revenue
$14,550,000
Down
Call/Email
Posting: 285929 | Available | 4/1/24
The Retail Luxury Watch and Jewelry e-Commerce Company is a C-Corporation and was incorporated in June 1993 in its current form, although the company has operated since 1969. The company focuses on e-Commerce in the luxury watch and fine jewelry industry. The company has served over 20,000 customer.
Asking Price
$14,000,000
Cash flow
$80,000
Revenue
$237,222
Down
Call/Email
Posting: 286278 | Available | 4/26/24
Upscale, charming, unique, variety, and delightful, are words that come to mind when visiting this well established womens boutique, located in one of the most enjoyable shopping villages in California.
Asking Price
$210,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 283374 | Available | 3/15/24
This distinguished luxury bridal boutique enjoys an enviable location along a vibrant thoroughfare renowned for its boutique shopping and bustling foot traffic. Its prime spot offers the ideal stage for your bridal vision.
Asking Price
$299,000
Cash flow
$250,000
Revenue
$1,000,000
Down
$100,000
Posting: 286267 | Available | 4/25/24
It is located in a busy, downtown central Orange County city. The beautiful bridal boutique carries eight designers catering to a moderate bride. We offer a full-service experience for brides from beginning to end, including in-house alterations.
Asking Price
$550,000
Cash flow
$150,000
Revenue
$925,000
Down
All Cash
Posting: 284927 | Available | 4/8/24
This is a beautiful, unique boutique with modern and stylish clothing and accessories. It is located in a historical town in the heart of Orange County. It has great visibility and street access with favorable demographics in a heavily populated area with a lot of walking traffic.
Asking Price
$250,000
Cash flow
$70,000
Revenue
$350,000
Down
Call/Email
Posting: 271649 | Available | 3/1/24
For sale is a full-service neighborhood pet grooming business that has been established for 5 years. It has a great reputation with excellent online reviews. This business has a steady flow of loyal, local customers who bring in their pets on a repeat basis. There is a boutique and online store.
Asking Price
$210,000
I am the Founder Of BizBen.com. I consult daily with intermediaries, business buyers, owner/sellers & advisors daily about buying and selling California small to mid-sized businesses. Contact me today about joining & utilizing BizBen, consultations, & advisory services.
ServingNationwide - All Areas
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
ServingNationwide - All Areas
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a business evaluation & SWOT analysis for your business anywhere in the USA.
ServingNationwide
A business buyer in the BizBen ProBuy Program asks how to handle the inventory amount in the purchase price of a business. Other questions answered in this article: Do you add the inventory value to the business value? Should the owner be expected to take back a note for the value of the inventory?
When seeking large SBA business acquisition financing loans, it helps to review seller's add backs (cash flow analysis) as a source of funding to service the debt. Peter Siegel, MBA - SBALoanAdvisors.com Founder covers this specific topic for business buyers, owner/sellers, agents, business brokers.
Avoiding the obvious mistakes when selling a small business is important if you want to sell your business. Peter Siegel, Director of BizBen and the BizBen ProSell Program discusses what fatal mistakes business owners should avoid when selling their small to mid-sized California business.
What is your goal in 5 years? Do you want to become a business owner? Buying a business can be an exciting, safe opportunity to gain financial freedom. But how to buy the right business? This article will walk you through the process of buying a business.
To start a business or try something new, starting a franchise business is a great option. In this blog, we'll break down everything you need to know about buying a franchise in simple, easy-to-understand terms. This guide is for business owners, whether experienced or new.
Only 30% of all small businesses for sale that are put on the market overall are sold! A surprising statistic to most business owners, agents, and brokers trying to sell a small business! If however you follow the strategies (BizBen Protocol Method) in this blog post you should see success!
As an Advisor On BizBen I talk to many California business owners, business buyers, brokers, and agents on a daily basis about valuing California small to mid-sized businesses. Many key factors go into this analysis including market demand, history of earnings, and even how the deal is structured.
One of the most difficult challenges when purchasing a small business is expressed by this prospective buyer of a liquor store who is told by the seller that there is more money being made than shows up on the books. Should the buyer accept that statement by the seller & go ahead with the purchase?
The economy has started to repair itself since the recession. While things may never be what they were in the past, the economy and small businesses have started to gain some form of momentum again. If you are considering buying a small to mid-size business consider these recession proof businesses.
Buyers search for an absentee business, wanting to collect profits generated by a successful enterprise without having to stand at the sales counter or cash register, without having to cook, operate equipment or talk to customers. Peter Siegel, MBA offers his intake on absentee run businesses.
Being an Entrepreneur has its perks, it can also be challenging. You need to make sure you're ready for the challenge. Here's a list of 10 important questions to get you started when buying a business. Peter Siegel, MBA (BizBen Founder) reviews this topic for business buyers of small businesses.
Most business acquisition financing strategies involve borrowing money to meet the purchase price. But an entirely different approach, equity sharing, is sometimes pursued if borrowed money is not wanted, or is not available to complete the purchase. Peter Siegel, MBA - BizBen.com covers this topic.
This webinar is designed for business buyers, owner/sellers, business brokers, agents, and advisors who can benefit on the latest information and strategies on procuring large SBA loans to buy or sale a "large" small business - typically priced between $500K to $10M. Peter Siegel, MBA is the host.
Buying a small to mid-sized business can be a confusing and/or frustrating process for many buyers. Statistics show that over 80% of all buyers never end up buying a business. The ProBuy Program assists potential buyers with the process of finding, evaluating & buying a small to mid-sized business.
First the dreaded statistic: 80% of all business buyers looking to buy a small business never end up doing so! Peter Siegel, MBA BizBen.com Founder & ProBuy Director) covers successful tactics & strategies all business buyers of small to mid-sized businesses should utilize now to buy a business.
With the multitude of factors that come into play when deciding the appropriate time to inform your employees that your business is for sale, I do not offer a standard or general answer. When sellers consult me as to my opinion on when it is the right time, I like to review the major issues that...
SBA large loan expert and advisor Peter Siegel, MBA (BizBen.com & SBALoanAdvisors.com Founder) shares his views and experience for getting the right SBA loan for larger deals, getting deals professionally prequalified & analyzed, and getting that loan through underwriting with fewer complications!
What are actual adjusted net earnings (cash flow) of a small business being purchased with business acquisition SBA Loan financing? That's an important amount that lenders need to know. Peter Siegel, MBA (BizBen.com, SBALoanAdvisors.com Founder) reviews this important concept with BizBen Blog users.
A business buyer in our ProBuy Program searching to buy a business asked me to sum up what I though the biggest mistakes business buyers make when they search for and bought a small business. I asked ProIntermediaries on BizBen their thoughts on the matter and received a diverse response.
It is not uncommon for business Owner/Sellers to get uncomfortable when a potential Buyer requires a SBA loan to purchase the Seller's business. Often times Owner/Sellers will say "the Buyer is the one getting the loan; why am I the one under the microscope?" This blog post addresses this topic.
First impressions are critical when selling a business - ask any potential business buyer. Peter Siegel, Founder Of BizBen explains why all potential small business sellers need to make sure that first impression is a good one.
Most owners know that when choosing a broker to help sell your business, it's good to find out about his or her background and maybe get some references of people who've worked with the professional. Before signing a listing agreement, it helps to know these extra things about the business broker.
With the economy in growth mode, many owners of small companies who are ready to retire or invest in another enterprise would be smart to offer their business for sale. But some insist on hanging on as owner just a little bit longer. And that might be a mistake. Three reasons people make this error.
Unlike a traditional brick and mortar business, selling a home business requires more finesse on the part of the seller. You really need to do your due diligence and prepare the business to be sold in order to make it attractive to a buyer. Here are my tips to achieving a successful sale.
The latest BizBen.com survey of Business Brokers and Agents outlined what it takes to be a top ten percent performer in the business brokerage industry. From good communication to utilizing your resources, these traits are something to take note of and put into practice to be successful.
The use of add backs & sellers discretionary cash is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains.
Owners should keep the fact that they want to sell their small business confidential. Before releasing information to prospective buyers, buyers should commit to confidentiality in writing & should understand why it is important. Peter Siegel, MBA a ProBuy and ProSell Advisor with BizBen explains.
Approaching business owners directly to see if they want to sell can sometimes work well for business buyers searching to buy a small business. Another way is to broadcast your search criteria via the BizBen ProBuy Program to all brokers, agents, and intermediaries who are selling a small business.
For those who don't know, a non-compete agreement is a contract between a buyer and seller of a business, which after the sale, prohibits the seller from engaging in direct competition with the business they previously sold. Joe Ranieri (Business Broker) adds this topic to a BizBen Discussion Post.
In our BizBen.com June 2021 Monthly Report the top ProIntermediaries and ProAdvisors on BizBen offer their thoughts about the current status of the business for sale marketplace with trends and predictions for Business Buyers, Owner/Sellers, Business Brokers, Agents, Advisors in the near future.
Sometimes business brokers just can't win with their clients, because if an offer comes in too fast & too early then they must have lowballed the price & the seller is suspicious, and if not enough offers come in after putting the business on the market - they may look unproductive to their clients.
As the year winds down, it's tempting for business brokers to go through their old files and throw them out to make room for new client's folders, but that would be foolish. Joe Ranieri (Orange County Business broker) discusses strategies for saving files - a key annual strategy for brokers/agents.
When seeking SBA loan financing many potential business buyers have wrong information about the process of securing the best financing to buy a business. Peter Siegel, MBA a business purchase financing expert delves into the myths regarding SBA financing and business purchase financing.
We're hearing more and more about "crowd funding" through sites like gofundme and kickstarter as a possible way to raise the cash needed to buy a small business. This method of collecting funds has proven successful in other kinds of situations. Could this strategy work when buying a small business?
We all understand the idea of paying too much for a small business. But is there such a thing as not paying enough? That seems like an odd notion, but I'm familiar with situations in which a buyer acquired a small business for a figure substantially under what probably was market value.
Buying a small business is hard enough when there is no competition, so how might a buyer navigate the process when there is additional competition from other buyers? Peter Siegel, MBA (BizBen ProBuy Program) and others explain a few of the ways that a buyer can beat out other buyers.
When purchasing a small to mid-szied business, there are a multitude of things to evaluate. One area that is often overlooked is the business's culture. Peter Siegel, MBA with BizBen discusses with potential buyers the importance of understanding how the business runs on a day-to-day basis.
Negotiating the terms of a business deal is a delicate process, where one wrong move can cost you the business that you wanted to purchase. Peter Siegel, MBA (BizBen ProBuy Program) discusses the ins and outs of negotiations, and how to work well with the seller to get a deal done.
It's important to remember that selling a business takes time. Unlike selling a house, which can be sold relatively fast, a business can take up to six months to a year to sell. I discuss this topic with other advisors and intermediaries on this BizBen Discussion.
There are a lot of misconceptions about what enhances the value of a business. The following factors in this Discussion are aspects of a business that really drives its value and pricing. A business owner asked me this question today so I wanted to get others view points as well in this Discussion.
It can take months, sometimes longer to sell a small business. Here are 6 questions plus other information from myself plus other BizBen Users to ask yourself to help you determine why your small to mid-sized California business isn't selling. You might be surprised what those reasons are!
Should I Sell My Business During The Holidays Or Wait Till After The New Year? Business Broker Joe Ranieri and others chime in on this BizBen Discussion about selling a business during the Holiday Season.
Applying for a business acquisition loan can be challenging for someone who hasn't been through that process in the past. If one has a mortgage one knows that the value of the property being pledged has to at least equal the amount of the loan, SBA loans to buy a small business are very different.
Yes, there are ways to find businesses with growth potential that can be purchased with modest investments. But before offering any ideas about finding cheap businesses, it's important to review some of the risks involved. Peter Siegel (BizBen ProBuy Program) discusses this topic with others.
At What Point Do You Show Key Marketing Info And Materials To Buyers? Robb Hartman, Business Broker at BizBen discusses this topic with others on this BizBen Discussion.
Business buyers many times ask in my ProBuy consulting sessions - how long should I ask for due-diligence when buying a small business? The answer really depends on several factors. They include: type of business, demand for the business, complexity of the business. Advisors weigh in on this topic.
The owner selling the business doesn't have recent financial information or documentation but insists revenues are increasing. Should buyers believe the seller? What should buyers do in this situation? ProIntermediaries on BizBen answer the question of verifying seller / owner's financial claims.
When considering buying a business that is losing money one has to be very careful. There are reasons that the business could be losing money that aren't fatal or extremely difficult to fix and there are other reasons that should send you running in the other direction. Peter Siegel, MBA explains.
Asking the seller straightforward questions and getting straightforward answers in return is an important part of the buying and due diligence process. In this Discussion, both ProIntermediaries and Advisors offer thorough questions you should be asking during your meeting with a business seller.
Valuing a small business is not guess work. It's not what some other businesses of the same type may have or may not have been sold for, it's not even what a business owner "feels" they want or deserve. It is a formula based on many factors. Peter Siegel, MBA from BizBen & others discuss this topic.
