Cash flow
Call/Email
Revenue
$367,000
Down
Call/Email
Posting: 278989 | Available | 5/16/24
This is a coffee shop with property in a growing and desirable area. There is potential to add a drive-through and at least triple the sales. There is no immediate competition around the business. It is a charming and cozy cafe with indoor and outdoor seating. The business opened in 2009.
Asking Price
$699,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286588 | Available | 5/15/24
Don't miss out on this steal of a deal to own a cafe near the San Pablo Avenue corridor on the Emeryville/Berkeley border. The DEE SPOT cafe thrived for years servicing the local companies employees and neighborhood locals alike for breakfast and lunch.
Asking Price
$49,000
Cash flow
Call/Email
Revenue
$370,000
Down
$25,000
Posting: 282494 | Available | 5/8/24
A super cute and modern coffee shop with a patio in El Dorado Hills' Serano area is now for sale. This coffee shop has been expanding its client base as more homes are being built in the area. The 1620 sq ft. retail space boasts a great following and reputation.
Asking Price
$249,000
Cash flow
$36,000
Revenue
$264,000
Down
$200,000
Posting: 284803 | Available | 5/1/24
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
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
$84,000
Revenue
$540,000
Down
$288,000
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
$288,000
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
$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
$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
$97,000
Revenue
$517,000
Down
Call/Email
Posting: 283209 | In Contract | 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
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
$630,000
Down
$190,000
Posting: 285360 | Available | 2/26/24
An exquisite franchise donut and coffee shop now available for sale in a great location in Tarrant County. This is a perfect opportunity for an operator to build upon its past success and to be part of a great brand, without having to go through the typical startup challenges.
Asking Price
$190,000
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
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
$37,500
Revenue
$370,000
Down
Call/Email
Posting: 284507 | Available | 1/4/24
This shop presents a rare opportunity to acquire a well branded, independent coffee house that includes their own hand selected coffee beans offering an excellent coffee menu, light food, coffee beans freshly roasted (ground if you prefer) and sold by the bag (size(s).
Asking Price
$160,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284323 | Available | 12/15/23
Introducing an incredible opportunity to own a sophisticated wine bar and cafe in the heart of an urban San Diego neighborhood. This gem boasts a spacious, hoodless kitchen ready to delight patrons with brunch, lunch and light dinner creations. The coffee and wine bar set up is perfectly curated.
Asking Price
$155,000
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
$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
Call
Revenue
Call
Down
Call
Posting: 256728 | Available | 11/7/23
Taiwanese style organic tea shop/restaurant serving Boba tea, snacks and light food. Ask price $118,000 (no Franchise). $180,000 with Franchise. Great location in a small busy shopping center in N Milpitas close to Warm Springs in Fremont. Close to Lion Supermarket and other restaurants.
Asking Price
$118,000
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
$121,000
Revenue
$576,000
Down
$399,000
Posting: 278600 | Available | 3/4/23
Jinky's Coffee Shop/Restaurant in a highly visible corner location in Santa Monica Promenade. Ocean view from the front of the shop. Newly established for approximately 2 years. Previously was a Coffee Bean and Tea Leaf store. Lots of potential to grow. Lunch and dinner items can be added.
Asking Price
$499,000
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
$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
$275,000
Revenue
$1,165,000
Down
$195,000
Posting: 260768 | Available | 9/15/20
Breakfast & lunch city of Berkeley heavy foot traffic. Seating 30 people inside 10 people outside, rent $ 8450, per month including NNN. Lease 5+5 option. 1650 square feet full size of kitchen, seller claim annually sale $1,165. Open 7;30 till 6 pm 7 days a week. Seller claim take home $ 275,000.
Asking Price
$195,000
Cash flow
Call/Email
Revenue
$1,800,000
Down
Call/Email
Posting: 278724 | Available | 6/27/24
This Fair Trade certified and certified Organic coffee wholesale roaster business is generating $1,800,000 a year in revenue. It delivers to 300 + restaurants and cafes in the Bay Area. The name, menu, recipe, trademark, website, and logo are included in the sale.
Asking Price
$4,000,000
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
N/A
Revenue
N/A
Down
Call/Email
Posting: 281512 | Available | 5/21/24
Price is negotiable! Are you an aspiring entrepreneur searching for an incredible business opportunity? We are delighted to present to you an exciting chance to own your own business as a Kung Fu Tea franchisee. It's located in Clovis with a high-volume shopping center. Seller financing available!
Asking Price
$120,000
Cash flow
$106,000
Revenue
$563,389
Down
$280,000
Posting: 285145 | Available | 5/16/24
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
$280,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 287145 | Available | 6/18/24
A wholesale tea and coffee supplies distribution business is for sale in Hayward and Fremont, California. The business specializes in distributing high-quality, organic ingredients throughout the Bay Area and other locations in California.
Asking Price
$650,000
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: 285694 | Available | 7/23/24
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
$55,000
Cash flow
$134,023
Revenue
$355,890
Down
389,000+ Inv
Posting: 287580 | Available | 7/17/24
For sale is an Italian coffee importer established in the year 2000. The company is a turnkey coffee and tea provider that specializes in wholesale, having built numerous customer relationships with over 80 established retail accounts.
Asking Price
389,000+ Inv
Cash flow
$275,000
Revenue
$1,165,000
Down
$195,000
Posting: 260768 | Available | 9/15/20
Breakfast & lunch city of Berkeley heavy foot traffic. Seating 30 people inside 10 people outside, rent $ 8450, per month including NNN. Lease 5+5 option. 1650 square feet full size of kitchen, seller claim annually sale $1,165. Open 7;30 till 6 pm 7 days a week. Seller claim take home $ 275,000.
Asking Price
$195,000
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
$254,536
Revenue
$1,339,022
Down
$100,000
Posting: 286298 | Available | 6/14/24
Are you considering a lucrative investment in the online business world? Imagine stepping into a thriving venture that combines high-performance merchandise with a coveted coffee subscription service. This business is a well-established player in this dynamic market, offering a seamless experience.
Asking Price
$1,050,000
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286590 | Available | 7/18/24
If you are considering a business opportunity, this is an excellent chance to acquire a restaurant, bakery, coffee shop, & sandwich shop. This bulk sale includes newer equipment, furnishings, furniture, a newly remodeled interior, and a loyal customer base. This is a turnkey opportunity!
Asking Price
$250,000
Cash flow
Call/Email
Revenue
$630,000
Down
$190,000
Posting: 285360 | Available | 2/26/24
An exquisite franchise donut and coffee shop now available for sale in a great location in Tarrant County. This is a perfect opportunity for an operator to build upon its past success and to be part of a great brand, without having to go through the typical startup challenges.
Asking Price
$190,000
Cash flow
$37,500
Revenue
$370,000
Down
Call/Email
Posting: 284507 | Available | 1/4/24
This shop presents a rare opportunity to acquire a well branded, independent coffee house that includes their own hand selected coffee beans offering an excellent coffee menu, light food, coffee beans freshly roasted (ground if you prefer) and sold by the bag (size(s).
Asking Price
$160,000
Cash flow
$40,000
Revenue
$152,000
Down
Call/Email
Posting: 287443 | Available | 7/6/24
This coffee shop, generating a yearly net operating income of $40,000, is located inside a high-rise medical office building on Ventura Blvd. It has been in business for over 40 years, with the current owner operating it for the past 22 years. Owner retiring.
Asking Price
$55,000
Cash flow
$67,470
Revenue
$332,409
Down
Call/Email
Posting: 286805 | Available | 7/10/24
For sale is an upscale and stylish coffee cafe located in a historic community in Portland, OR. The large windows and comfortable seating make this a gathering place for the local affluent residents and for visitors to the neighborhood seeking to recharge with a double espresso or latte.
Asking Price
$279,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285601 | Available | 7/3/24
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
$300,000
Revenue
$2,000,000
Down
Call/Email
Posting: 286630 | Available | 7/16/24
For sale is an absentee-run coffee shop and restaurant with very short hours from 7 AM to 2 PM. You can add dinner to your menu to increase your volume. The gross income is $2,000,000, and the net yearly income is $300,000.
Asking Price
$695,000
Cash flow
$250,000
Revenue
$1,400,000
Down
$725,000
Posting: 287182 | Available | 6/19/24
This coffee business has been established for over 35 years and has a loyal customer base. It is well situated in a very desirable neighborhood with two locations to service the area. It is very easy to operate with one to two employees working during opening hours. Mostly take out.
Asking Price
$725,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$60,000
Posting: 286177 | Available | 7/15/24
Price lowered, asset sale. 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. The shopping center has a Tesla station,
Asking Price
$60,000
Cash flow
$120,000
Revenue
$570,000
Down
Call/Email
Posting: 279358 | Available | 6/13/24
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: $50,000, with a monthly net income of $10,000 and rent of $5,740 a month.
Asking Price
$400,000
Cash flow
$502,000
Revenue
$610,000
Down
$209,000
Posting: 285748 | Available | 7/9/24
PRICE DROP! $50,000 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
$209,000
Cash flow
$97,000
Revenue
$517,000
Down
Call/Email
Posting: 283209 | In Contract | 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
N/A
Revenue
N/A
Down
$69,000
Posting: 287657 | Available | 7/22/24
For sale is a hand-rolled ice cream shop offering delicious and unique ice cream flavors and toppings. Customers can choose from a variety of flavors and toppings, all hand-rolled right in front of them.
Asking Price
$69,000
Cash flow
Call/Email
Revenue
$367,000
Down
Call/Email
Posting: 278989 | Available | 5/16/24
This is a coffee shop with property in a growing and desirable area. There is potential to add a drive-through and at least triple the sales. There is no immediate competition around the business. It is a charming and cozy cafe with indoor and outdoor seating. The business opened in 2009.
Asking Price
$699,000
Cash flow
$121,000
Revenue
$576,000
Down
$399,000
Posting: 278600 | Available | 3/4/23
Jinky's Coffee Shop/Restaurant in a highly visible corner location in Santa Monica Promenade. Ocean view from the front of the shop. Newly established for approximately 2 years. Previously was a Coffee Bean and Tea Leaf store. Lots of potential to grow. Lunch and dinner items can be added.
Asking Price
$499,000
Cash flow
$84,000
Revenue
$540,000
Down
$288,000
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
$288,000
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
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
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
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
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
One avenue that has consistently shown promise and potential for budding entrepreneurs is the world of franchise businesses. Buying a franchise business offers individuals an opportunity to step into a proven business model, benefiting from an established brand, operational framework, and support.
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.
Many California small business investors want to buy a restaurant. People always need to eat; there should be plenty of business. And some buyers think there is prestige to owning a popular eating establishment. But it isn't an easy purchase. Here's what not to do when planning to buy a restaurant.
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.
Often business buyers actions cause a deal to tank but they never know why. Peter Siegel with the BizBen ProBuy Program discusses what mistakes business buyers make in the search process to buy a business with some of the best business brokers and recent sellers on BizBen about this topic.
In my opinion and experience, an LOI may very well be appropriate for lower middle market transactions of $5,000,000 or more; but, for deals less than that an Asset Purchase Agreement ("APA") with contingencies on the actions of the buyer (and seller) is much more efficient and effective.
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.
Some entrepreneurs believe it's better to start a business from scratch rather than buy an existing enterprise. While this may be good advice in some cases, usually it's not the best strategy. Here are five tips to help a buyer make the right decision from Peter Siegel, MBA On BizBen.
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.
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.
Should owners who offer a business for sale reveal to prospective buyers any income that is not recorded in the books? This is a controversial topic with arguments both for and against. Most business sales intermediaries believe if you don't pay tax on it, you can't claim it. Some sellers disagree.
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.
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.
Peter Siegel, MBA discusses buyers who want to buy a business or franchise know about asking the seller to provide part of the financing with a carry-back note. Many business buyers need some cash to help fund the down payment and for working capital. Here are four ideas about how to get that money.
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...
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.
Selling a business is hard enough but using the wrong word, text, and strategy can really delay or outright kill a campaign to sell a small business successfully. Peter Siegel, MBA Founder of BizBen.com shares what words, phrases, and strategies work (and not) when selling a small business online.
The unfortunate truth is that approximately 50% of all small business sales transactions fall through. While failed transactions can happen for a variety of reasons, Peter Siegel, MBA (BizBen Founder & Lead Advisor) discusses the most common reason deals fall through; unrealistic asking prices.
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.
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.
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!
Many times when buying a business there are reasons why buying stock or buying assets is the better business decision. We explore these options on the BizBen Blog Post of which option may be better depending on the circumstances of the buyer (and seller) involved in the transaction taking place.
Many business owners fail to maximize their business' value because they don't have a proper strategy in place to do so. Failure to maximize your businesses value will make it harder to attract the most qualified buyers. Have a plan that ensures your business is as attractive & valuable as possible.
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.
Depending on the type of business being sold, a month-to-month situation can be severely detrimental to the value of the business. Peter Siegel, MBA Founder of BizBen (and Lead Facilitator at BizBen) explores the issue of month to month leases in this blog/article.
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.
