Posting: 286264 | Available | 4/25/24
I am seeking an existing tea store, a conversion possibility, or vacant space in San Diego County. This space will serve as a retail seller of whole leaf hot and iced teas, along with related food, gifts, and accessories. Additionally, I am interested in establishing a tea bar.
Cash flow
Call/Email
Revenue
Call/Email
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Call/Email
Posting: 285601 | Available | 4/23/24
Located in a quaint tourist town in Central California that attracts over 1.5 million tourists per year, this beautiful cafe is renowned for its inviting ambiance, friendly service, and diverse menu offerings. A private courtyard and shaded tables offer attractive outdoor seating options.
Asking Price
$875,000
Cash flow
Call/Email
Revenue
Call/Email
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Call/Email
Posting: 282529 | Available | 4/22/24
This well-equipped 1,400 sq. ft coffee shop has a cozy interior and an inviting atmosphere. It offers indoor and outdoor seating areas and has a capacity of over 30. The coffee shop creates a welcoming environment for customers to relax, socialize, or work, while enjoying their favorite coffee.
Asking Price
$79,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$195,000
Posting: 286177 | Available | 4/17/24
A well-established absentee-run boba tea shop is for sale. It is located in a busy center in the North County coastal area close to Walmart with high visibility that is near the ocean and receives tourists' foot traffic and city offices. The shopping center has a Tesla charge station,
Asking Price
$195,000
Cash flow
$84,000
Revenue
$540,000
Down
$289,000
Posting: 282088 | Available | 4/16/24
For sale is a Kung Fu Tea boba franchise located in San Bernardino County, CA. It is busy with good books. The monthly gross is $45,000. You can help run a business with 8 part-time employees with an average monthly wage of $11,000. The store size is +/- 1,500 sq. ft with a rent of $6,255/m.
Asking Price
$289,000
Cash flow
$85,000
Revenue
$295,000
Down
All Cash
Posting: 286138 | Available | 4/15/24
The business has been established for over 3 years and is currently owned by an individual who needs to relocate due to other business commitments. Despite this, there is considerable potential for growth, especially if the new owner possesses knowledge of effective marketing.
Asking Price
$249,000
Cash flow
Call/Email
Revenue
$425,000
Down
Call/Email
Posting: 284293 | Available | 4/11/24
This Northern California based Coffee Shop is a California Sub-Chapter S Corporation and was formed 4 years ago and has been under current ownership since inception. Their coffees are carefully selected from the best coffee farms from around the world. The shop has a great centralized location.
Asking Price
$275,000
Cash flow
Call/Email
Revenue
$360,000
Down
Cash Only
Posting: 257779 | Available | 4/11/24
The price has been lowered for this donut shop in San Ramon. Rent is $4,900 and the size of over 1,000 sq. ft. The yearly revenue is $360,000. They serve donuts, coffee, and sandwiches. It is open 7 days and business hour is 5 am-3 pm. The owner will train. The owner has no time to manage the store.
Asking Price
$179,999
Cash flow
$106,000
Revenue
$563,389
Down
$100,000
Posting: 285145 | Available | 4/11/24
An exceptional chance presents itself to acquire a flourishing gourmet coffee and sandwich shop situated in a sought-after shopping center. Boasting a remarkable 35 years of operation, the owner is now preparing for retirement. The location is prime, nestled within a highly desirable shopping hub.
Asking Price
$295,000
Cash flow
Call/Email
Revenue
$400,000
Down
Call/Email
Posting: 283852 | Available | 4/10/24
For sale is a cozy coffee shop with inviting and comfortable atmosphere that encourages patrons to linger, relax, and enjoy their coffee, excellent pastries, sandwiches, salads & more. It is a beautiful, established neighborhood cafe with lots of future potential.
Asking Price
$198,000
Cash flow
$200,000
Revenue
$1,400,000
Down
All Cash
Posting: 286042 | Available | 4/8/24
The business located in the beautiful Historical Old Town of Orange is very profitable! Its success can be attributed to several factors, including its prime location, high traffic area, and proximity to the circle. The area boasts great visibility, street access, and favorable demographics.
Asking Price
$450,000
Cash flow
$60,000
Revenue
$240,000
Down
$139,000
Posting: 283157 | Available | 4/6/24
For sale is an easy-operation coffee shop in Tustin, CA. It is located next to the city of Irvine, Orange County and near a big church, industrial factories, and houses. There is direct spacious parking. It is open 5 days a week with busy car traffic. This is a good business for E2 visa applicants.
Asking Price
$139,000
Cash flow
$77,459
Revenue
$419,845
Down
Call/Email
Posting: 283472 | Available | 4/2/24
This is a cafe for sale on Polk Street in San Francisco's bustling Polk Gulch neighborhood. This stretch of Polk Street is packed with a diverse array of businesses that bring steady foot and vehicle traffic to the area seven days a week.
Asking Price
$99,000
Cash flow
$144,000
Revenue
$692,000
Down
$240,000
Posting: 261025 | Available | 3/30/24
This is an absentee-run coffee shop at an excellent corner location. They have a stable income and it is near Balboa Pier, Newport Beach. The absentee owner works 5-12 hours per week. 4+5 year long-term lease. They've had the current owner for 6 years. It is an easy operation. Rare opportunity.
Asking Price
$499,000
Cash flow
$36,000
Revenue
$264,000
Down
$200,000
Posting: 284803 | Available | 3/29/24
This bustling boba shop, strategically located in a high-traffic strip center in Los Angeles County, offers an exciting business opportunity. The shop serves a wide range of beverages, including coffee, a variety of teas, smoothies, frappes, and juices, catering to diverse customer preferences. ...
Asking Price
$200,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 282284 | Available | 3/27/24
This coffee shop is a well-established, long-running business with big potential to expand and grow. This is your chance to become your own boss and work your own hours in the heart of Los Angeles. The interior is unique and modern with an outside patio. Profitable business!
Asking Price
$250,000
Cash flow
$72,000
Revenue
$367,000
Down
$225,000
Posting: 283856 | Available | 3/26/24
For sale is a coffee and gelato shop in Orange County that offers coffee, teas, ice creams, gelato, and more. It is located in an end unit at a great retail location. It is semi-absentee run with 7 part-time workers. It's a stable business in its 4th year. The lease is until 2029.
Asking Price
$225,000
Cash flow
$97,000
Revenue
$517,000
Down
Call/Email
Posting: 283209 | Available | 3/22/24
This popular bakery specializes in cupcakes, custom cakes, cheesecakes, and bread pudding. It provides local customers with delicious confectionary baked goods. The business does a lot of wedding cakes and party orders. It is award-winning and is semi-absentee run.
Asking Price
$120,000
Cash flow
Call/Email
Revenue
Call/Email
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Call/Email
Posting: 285789 | Available | 3/22/24
Motivated seller! Discover an incredible investment opportunity in the heart of the San Fernando Valley! Presenting a thriving and well-established cafe for sale. This turnkey business has become a beloved local hotspot, known for its welcoming atmosphere, exceptional menu, and loyal customer base.
Asking Price
$299,000
Posting: 250349 | Available | 3/21/24
We are looking for owners of coffee shops, coffee carts & kiosks, new or established (preferably making a positive cash flow). If not, then at least in an area that has potential upside. Anywhere in San Diego County or North or South Orange County.
Cash flow
$502,000
Revenue
$610,000
Down
$259,000
Posting: 285748 | Available | 3/20/24
If you are looking for your first coffee shop, look no further. Modern and beautiful. Opened in 2019, it is located in one of the fast-growing area of downtown San Diego. Three hotels are within short walking distance. There is inside seating with wi-fi and out table and stools.
Asking Price
$259,000
Cash flow
Call/Email
Revenue
$165,540
Down
Call/Email
Posting: 283911 | Available | 3/19/24
For sale is a boba and coffee shop with big potential, located in a plaza with high foot traffic. It is a must see location, and you are welcome to continue operating the boba shop as it is, or make changes to the menu as you see fit. The store size is 950 sq. ft.
Asking Price
$60,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285694 | Available | 3/18/24
For sale is a recently updated, modern coffee shop strategically located in a bustling business complex with tenants including a collection of diverse tenants. Positioned on a prominent main road, this location offers unparalleled visibility and foot traffic.
Asking Price
$65,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 280168 | Available | 3/17/24
This is a family-owned coffee shop for sale in the Castro Valley shopping center near Panda Express and other retail shops. This coffee shop has been a staple in the community of Castro Valley for many years. They serve teas, baked goods and sandwiches, bagels, and more. It is run by a couple.
Asking Price
$108,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 282061 | Available | 3/5/24
This is a cozy, rustic coffee shop with a great atmosphere it is a modern, sleek coffee shop with high-tech equipment. This is a coffee shop with a wide variety of unique and delicious drinks. It's in a prime location in the city with public transportation right outside the establishment.
Asking Price
$90,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$600,000
Posting: 283217 | Available | 3/5/24
For sale is a high-end convenience store with beer, wine, coffee, and a deli. This is a take-out restaurant business with great net profit/income. The amazing location has no competition. Call for more info. Buyers only please.
Asking Price
$1,490,000
Cash flow
$50,000
Revenue
$50,000
Down
$35,000
Posting: 285458 | Available | 3/1/24
For sale is a coffee and sandwich inside a city and private building. It is open 5 days a week so it is easy to operate. For 9 years it has been operated by the present owner. No rent.
Asking Price
$35,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284231 | Available | 3/1/24
This 450 sf coffee shop is ideally located on one of the busiest intersections in Berkeley. The area is vibrant, clean, and safe. The surrounding blocks have the ideal kind of clients and neighboring retail, including a hospital with lots of staff and people craving great coffee and a fresh snack.
Asking Price
$135,000
Cash flow
$60,000
Revenue
$240,000
Down
$139,000
Posting: 283157 | Available | 4/6/24
For sale is an easy-operation coffee shop in Tustin, CA. It is located next to the city of Irvine, Orange County and near a big church, industrial factories, and houses. There is direct spacious parking. It is open 5 days a week with busy car traffic. This is a good business for E2 visa applicants.
Asking Price
$139,000
Cash flow
Call/Email
Revenue
$425,000
Down
Call/Email
Posting: 284293 | Available | 4/11/24
This Northern California based Coffee Shop is a California Sub-Chapter S Corporation and was formed 4 years ago and has been under current ownership since inception. Their coffees are carefully selected from the best coffee farms from around the world. The shop has a great centralized location.
Asking Price
$275,000
Cash flow
$502,000
Revenue
$610,000
Down
$259,000
Posting: 285748 | Available | 3/20/24
If you are looking for your first coffee shop, look no further. Modern and beautiful. Opened in 2019, it is located in one of the fast-growing area of downtown San Diego. Three hotels are within short walking distance. There is inside seating with wi-fi and out table and stools.
Asking Price
$259,000
Cash flow
$183,000
Revenue
$127,000
Down
Call/Email
Posting: 283831 | Available | 11/13/23
This is a very well established health breakfast and lunch cafe in a prime location in the city of Ventura. This well-designed, 2,000 square foot space has a very clean and comforting vibe with indoor and outdoor seating. A fully built-out kitchen provides full prep and cooking capability.
Asking Price
$200,000
Cash flow
$120,000
Revenue
$570,000
Down
Call/Email
Posting: 279358 | Available | 12/5/23
This is a coffee shop for sale. It has a very attractive trendy look. It is semi-absentee run. The seller invested $200k to remodel 2 years ago. There are 6 full-time/1 part-time employees. Monthly gross: $55,000, with a monthly net income of $10,000 and rent of $5,740 a month.
Asking Price
$400,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 280168 | Available | 3/17/24
This is a family-owned coffee shop for sale in the Castro Valley shopping center near Panda Express and other retail shops. This coffee shop has been a staple in the community of Castro Valley for many years. They serve teas, baked goods and sandwiches, bagels, and more. It is run by a couple.
Asking Price
$108,000
Cash flow
$84,000
Revenue
$540,000
Down
$289,000
Posting: 282088 | Available | 4/16/24
For sale is a Kung Fu Tea boba franchise located in San Bernardino County, CA. It is busy with good books. The monthly gross is $45,000. You can help run a business with 8 part-time employees with an average monthly wage of $11,000. The store size is +/- 1,500 sq. ft with a rent of $6,255/m.
Asking Price
$289,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$195,000
Posting: 286177 | Available | 4/17/24
A well-established absentee-run boba tea shop is for sale. It is located in a busy center in the North County coastal area close to Walmart with high visibility that is near the ocean and receives tourists' foot traffic and city offices. The shopping center has a Tesla charge station,
Asking Price
$195,000
Cash flow
$106,000
Revenue
$563,389
Down
$100,000
Posting: 285145 | Available | 4/11/24
An exceptional chance presents itself to acquire a flourishing gourmet coffee and sandwich shop situated in a sought-after shopping center. Boasting a remarkable 35 years of operation, the owner is now preparing for retirement. The location is prime, nestled within a highly desirable shopping hub.
Asking Price
$295,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285301 | Available | 2/22/24
It is located in a very large plaza, which houses a supermarket, various restaurants, and a fitness center. The entire space has been renovated. Most importantly, it is a store with a full kitchen. So, it can be used to operate the current franchise bubble tea store or convert to other concept.
Asking Price
$60,000
Cash flow
Call / Email
Revenue
$600,000
Down
Call / Email
Posting: 277153 | Available | 10/29/22
Full kitchen (brunch) cafe with catering in Colusa, CA. Real estate included and SBA pre-approved for a long-term loan. 3,000 sq ft of brunch cafe with patio, catering & real estate in Colusa. Serious illness forces the sale so offers are welcome to well-qualified buyers. In business for 8 years.
Asking Price
$459,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 282061 | Available | 3/5/24
This is a cozy, rustic coffee shop with a great atmosphere it is a modern, sleek coffee shop with high-tech equipment. This is a coffee shop with a wide variety of unique and delicious drinks. It's in a prime location in the city with public transportation right outside the establishment.
Asking Price
$90,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285694 | Available | 3/18/24
For sale is a recently updated, modern coffee shop strategically located in a bustling business complex with tenants including a collection of diverse tenants. Positioned on a prominent main road, this location offers unparalleled visibility and foot traffic.
Asking Price
$65,000
Cash flow
$50,000
Revenue
$50,000
Down
$35,000
Posting: 285458 | Available | 3/1/24
For sale is a coffee and sandwich inside a city and private building. It is open 5 days a week so it is easy to operate. For 9 years it has been operated by the present owner. No rent.
Asking Price
$35,000
Cash flow
$250,000
Revenue
$1,800,000
Down
Call/Email
Posting: 258583 | Available | 11/14/23
This is a semi-absentee coffee shop that serves breakfast, lunch, and dinner. Also, the coffee shop has a full bar, and the business has been established for a long time. An owner-operator would do much better. It has a revenue of $1.8M annually and nets $250,000 annually.
Asking Price
$699,000
Cash flow
$144,000
Revenue
$692,000
Down
$240,000
Posting: 261025 | Available | 3/30/24
This is an absentee-run coffee shop at an excellent corner location. They have a stable income and it is near Balboa Pier, Newport Beach. The absentee owner works 5-12 hours per week. 4+5 year long-term lease. They've had the current owner for 6 years. It is an easy operation. Rare opportunity.
Asking Price
$499,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285789 | Available | 3/22/24
Motivated seller! Discover an incredible investment opportunity in the heart of the San Fernando Valley! Presenting a thriving and well-established cafe for sale. This turnkey business has become a beloved local hotspot, known for its welcoming atmosphere, exceptional menu, and loyal customer base.
Asking Price
$299,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282529 | Available | 4/22/24
This well-equipped 1,400 sq. ft coffee shop has a cozy interior and an inviting atmosphere. It offers indoor and outdoor seating areas and has a capacity of over 30. The coffee shop creates a welcoming environment for customers to relax, socialize, or work, while enjoying their favorite coffee.
Asking Price
$79,000
Cash flow
Call/Email
Revenue
$360,000
Down
Cash Only
Posting: 257779 | Available | 4/11/24
The price has been lowered for this donut shop in San Ramon. Rent is $4,900 and the size of over 1,000 sq. ft. The yearly revenue is $360,000. They serve donuts, coffee, and sandwiches. It is open 7 days and business hour is 5 am-3 pm. The owner will train. The owner has no time to manage the store.
Asking Price
$179,999
Cash flow
$240,000
Revenue
$1,200,000
Down
$500,000
Posting: 260797 | Available | 10/17/20
Absentee run - 25 part time employee. Franchise business but no franchise fee - Very famous drink business. Will training be provided. SBA Loan Possible. open 7 days a week (10 am - 10 pm).
Asking Price
$850,000
Cash flow
Call/Email
Revenue
$400,000
Down
Call/Email
Posting: 283852 | Available | 4/10/24
For sale is a cozy coffee shop with inviting and comfortable atmosphere that encourages patrons to linger, relax, and enjoy their coffee, excellent pastries, sandwiches, salads & more. It is a beautiful, established neighborhood cafe with lots of future potential.
Asking Price
$198,000
Cash flow
$204,000
Revenue
$1,900,000
Down
Call/Email
Posting: 274336 | Available | 6/27/23
This business was established in 2007 and the present owner has been operating it since 2015. There is a banquet hall for 200, a dining area for 190, and a bar area for 45. The total capacity is 435. The lease term is until 2037. The building is 11,700 sq ft. The monthly rent is $15,715 per month.
Asking Price
Call/Email
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284797 | Available | 1/23/24
This is a fantastic opportunity to take over this running coffee & hot sandwich shop with great potential. This is a great space for maximizing Uber Eats & Door Dash. The store is ready to be a neighborhood favorite!
Asking Price
$165,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284231 | Available | 3/1/24
This 450 sf coffee shop is ideally located on one of the busiest intersections in Berkeley. The area is vibrant, clean, and safe. The surrounding blocks have the ideal kind of clients and neighboring retail, including a hospital with lots of staff and people craving great coffee and a fresh snack.
Asking Price
$135,000
Cash flow
$240,000
Revenue
$1,440,000
Down
Call/Email
Posting: 260656 | Available | 11/14/23
This business has been established for over 13 years. The present owner has been here for the last 3 years. The place has 15 employees, 8 full-time and 7 part-time. The owner operates the business. It is open for 7 days from Monday to Saturday from 7 am to 8 pm and Sunday from 7 am to 3 pm.
Asking Price
399,000+ Inv
Cash flow
Call/Email
Revenue
$320,000
Down
Call/Email
Posting: 283908 | Available | 11/17/23
RM Coffee is currently for sale in beautiful Rancho Mirage, California. This establishment is known for its exceptional offerings, including a wonderful selection of coffee, drinks, and baked goods. The coffee house prides itself on providing great service to its customers.
Asking Price
$350,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 246661 | Available | 2/8/24
For sale is an asset sale Taiwanese boba tea, shaved ice, and dessert restaurant. It is well-known to the young crowd and locals. The owner has another business venture that requires his full attention. The store size is 2,237 sq ft. and the rent is $6,800/month. The lease terms are 5+5.
Asking Price
$119,000
Cash flow
$200,000
Revenue
$1,400,000
Down
All Cash
Posting: 286042 | Available | 4/8/24
The business located in the beautiful Historical Old Town of Orange is very profitable! Its success can be attributed to several factors, including its prime location, high traffic area, and proximity to the circle. The area boasts great visibility, street access, and favorable demographics.
Asking Price
$450,000
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
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
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
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
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
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
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
Looking to buy restaurant businesses? Check out these tips first to avoid getting blindsided when you buy restaurants. Peter Siegel, MBA with BizBen.com discusses this topic.
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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.
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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.
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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.
In my experience working with the "right banks and financial institutions" repayment ability sometimes overrules collateral pledged by someone needing financing for a business purchase or a down payment. Peter Siegel, MBA - BizBen's ProBuy, ProSell Lead Facilitator explores this important topic.
Despite challenges in the business for sale marketplace, some of the brokers who make a living by facilitating a deal between buyer and seller are known to stand in the way of a completed transaction because of some outdated ideas. Too bad they put greed ahead of the needs of their clients.
The idea to have a buying a business checklist follows the adage that it's always useful to start with a plan when searching to buy a small business for sale. Peter Siegel, MBA Founder of BizBen.com and top advisor of the BizBen ProBuy Program suggests six items for all business buyers to utilize.
The key to finding the ideal business broker or agent and selling a small business is asking the right questions and getting the right answers back! Peter Siegel, MBA with BizBen & several top business brokers and agents in California (ProIntermediaries) contribute to this topic to assist sellers.
Peter Siegel, MBA - BizBen.com & SBALoanAdvisors.com Founder discusses the difference between a hands on owner and an absentee owner. It covers why someone would want to be an absentee owner and then goes on to discuss the pros and cons of buying an absentee run small to mid-sized business.
Peter Siegel, MBA - Lead Advisor with the BizBen.com ProSell Program discusses critical steps to prepare a small to mid-sized business including: which documents will be needed, key advisors to have involved, pricing the business, and how to attract the right business buyers to your listing.
Buying a small to mid-sized restaurant can have many pitfalls, and potential restaurant buyers should know how to avoid getting burned! Several restaurant advisors weigh in with (Peter Siegel, MBA at BizBen) and discuss tips for buying a restaurant in California.
Was chatting with a potential buyer of a restaurant in our BizBen ProBuy Program and he asked me what he should look for in due diligence when he finally did find a restaurant he was interested in. Peter Siegel, MBA with BizBen and others on BizBen explore this topic.
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.
