Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286620 | Available | 6/9/25
This laundromat property is available for purchase and re-tooling. This once well-run and profitable laundromat has fallen due to neglect and an eventual closure. This opportunity is now available for acquisition and renovation.
Asking Price
$697,000
Cash flow
$60,000
Revenue
Call/Email
Down
All Cash
Posting: 293108 | Available | 6/9/25
Well established clean laundry with absentee run in Mid Wilshire the inner city of Los Angeles. This laundry was fully renovated 10 years ago. Located a busy major crossed street corner. It's neat and clean. The seller has a health problem and decided to sell. The seller is looking for cash buyers.
Asking Price
$289,000
Cash flow
Call/Email
Revenue
$480,000
Down
Call/Email
Posting: 288986 | Available | 5/22/25
This is a very well maintained and clean Coin-Laundry which has good potential and in good location. Asking price is $900.000.00 and 6yr+4yrs option lease term. Soft water system with 4 electric boiler and excellent maintenance. Rent is $6,500/ month and increase 5% annually.
Asking Price
$900,000
Cash flow
Call/Email
Revenue
$234,000
Down
Call/Email
Posting: 290730 | Available | 5/20/25
First time in the market in 20 years! Current owner have owned the laundromat for 20+ years. Owner is retiring. This is a well established and profitable coin-operated laundry with strong cash flow. It is a great mix of equipment in addition to ample parking with easy in and out access.
Asking Price
$468,000
Cash flow
$162,600
Revenue
$429,000
Down
Call/Email
Posting: 292816 | Available | 5/15/25
This coin operated laundromat for sale is located on a busy street in Los Angeles with high density apartments in the surrounding area. Free standing building with easy in and out access and ample parking. It has a long term lease. It has a good mix of equipment and vending opportunities.
Asking Price
$650,000
Bldg Size
7,900 Sq.Ft
Typical Floor Size
Call / Email
Year Built
Call / Email
Posting: 292799 | Available | 5/15/25
Commercial investment property in Long Beach, California generating $138,000 in total annual income from a laundromat downstairs and a 3-bedroom, 1-bath rental upstairs. The laundromat business opportunity is currently in escrow.
Asking Price
$1,851,000
Cash flow
$198,451
Revenue
$1,260,695
Down
Call/Email
Posting: 290497 | Available | 5/15/25
Imagine the incredible opportunity of owning a sprawling 4.32-acre compound that stands as a beacon of enterprise and potential.
Asking Price
$3,500,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$1,300,000
Posting: 292762 | Available | 5/13/25
For sale is a 24-hour coin laundry with property. Ownership: 5 years with current owner. Size: Building 4,027 sq. ft. / Lot 11,941 sq. ft.
Asking Price
$4,600,000
Cash flow
Call/Email
Revenue
$1,320,000
Down
$2,250,000
Posting: 292761 | Available | 5/13/25
High sales 24-hour coin laundry with property for sale in Los Angeles. Business-only purchase is possible at $3.5 million.
Asking Price
$7,500,000
Cash flow
$132,000
Revenue
$210,000
Down
$300,000
Posting: 291137 | Available | 5/9/25
LOCATION, LOCATION, LOCATION......Existing Laundromat that has been completely renovated with BRAND NEW SPEED QUEEN TOUCH SCREEN WASHERS AND DRYERS. Currently located on a corner street with amazing visibility. Estimated net profit of $11,000.00/MONTH was accomplished in the month of February.
Asking Price
$885,000
Cash flow
$550,000
Revenue
$1,000,000
Down
$40
Posting: 280104 | Available | 5/1/25
This coin laundry is located in Korea town of Los Angeles County, California. It is semi-absentee run and open 24 hours. With rental income. The price down and the seller motivated!!!
Asking Price
$2,750,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 292455 | Available | 4/30/25
Coin laundry with property since 1995 year. Property 5,300SF and Lots 11,810SF. Single tenant property located in Compton city. Business hour 6:00 AM to 10:00 PM Sales average $25,000 month
Asking Price
$1,700,000
Cash flow
Call/Email
Revenue
$390,000
Down
N/A
Posting: 292396 | Available | 4/23/25
Well-established laundromat w/ Ample Parking in Huntington Park LA! Location! Location! Location!! Lots of regular customers due to its excellent location.Located in a big shopping center in a prime location with ample parking and high foot ftraffic.Very high return on investment!.
Asking Price
Call/Email
Cash flow
Call/Email
Revenue
$288,000
Down
Call/Email
Posting: 292347 | Available | 4/21/25
This laundromat is an absentee owner. This laundromat is a great part-time business for people from all walks of life for supplemental income and you'll receive residual income from every single laundry load. This is a well established laundromat and it has a large and faithful customers.
Asking Price
$320,000
Cash flow
$70,948
Revenue
$254,652
Down
All Cash
Posting: 291122 | Available | 4/18/25
Located in a prime area near downtown, this laundromat spans 2,500 square feet with a rent of $4,273 per month, plus NNN costs of $2,684. It is situated in a densely populated area and operates from 5:30 AM to 10:30 PM, with employees responsible for opening and closing.
Asking Price
$310,000
Cash flow
Call/Email
Revenue
$720,000
Down
$700,000
Posting: 292294 | Available | 4/17/25
Coin Laundry with Property is for sale. The laundry is under operation for 24 hours. The size of the building is 3,110 SF and the Lot size is 9,458 SF. All vending machines are owned by the seller. There are 41 Washers and 51 Dryers, all Electrolux and about 10 years old equipment.
Asking Price
$3,000,000
Cash flow
$131,916
Revenue
$520,932
Down
$791,500
Posting: 292292 | Available | 4/17/25
Coin Laundry as Absentee Owner's Run for Sale in Carmichael, Sacramento Co. Monthly Estimated Gross: $43,411. Monthly Estimated Cash Flow: $10,993. Lease until 2040. Rent: $7,357/m with CAM: $1,200/m for 4,665 sq. ft. 7 Days Open from 7am to 10pm. Unlock the Door morning and lock at night by staff.
Asking Price
$791,500
Cash flow
$126,000
Revenue
$264,000
Down
Call/Email
Posting: 291563 | Available | 4/13/25
Lots of regular customers due to its excellent prime location. Great visibility with ample parking and easy in/out access. Very high return on investment! The profit margin is better because of the low rent, lower sewer charges in this area, and high-efficiency machines.
Asking Price
Call/Email
Cash flow
$184,800
Revenue
$564,026
Down
$895,000
Posting: 291317 | Available | 3/29/25
High-Volume-Profit Coin & Card Laundry For Sale in Daly City. Sale Price: $895,000.Annual. Estimated Gross Revenue: $564,026, Annual Estimated Cash Flow: $184,800. Lease Terms: Monthly rent of $8,682 (includes CAM), lease valid until 12/31/2026 with a 5-year renewal option. Space: 2,300 sq.
Asking Price
$895,000
Cash flow
Call / Email
Revenue
Call / Email
Down
cash
Posting: 291277 | Available | 3/26/25
Established Laundry Business for Sale Prime East Los Angeles Location! This long-established laundromat presents a rare opportunity to retool and revamp a successful business in one of East Los Angeles' highest demographic areas.
Asking Price
$239,000
Cash flow
$31,662
Revenue
$287,664
Down
$160,000
Posting: 290547 | Available | 3/24/25
A fully attended coin laundry is available for sale in San Jose as a business run by an absentee owner. The estimated annual gross revenue is $287,664, with an estimated annual cash flow of $31,662. The lease is valid until September 2029, with an additional five-year renewal option.
Asking Price
$160,000
Posting: 261419 | Available | 3/24/25
I am seeking car washes and laundromats. I specialize in coin-operated and Express carwashes with land. In the last 10 months, I closed 2 self-serve and 1 express carwash with land and looking for more inventory for my clients.
Cash flow
$239,000
Revenue
$462,000
Down
Call/Email
Posting: 289861 | Available | 3/15/25
Don't miss this opportunity to own a highly profitable coin laundromat in a top-tier Long Beach city!
Asking Price
$2,850,000
Cash flow
$260,000
Revenue
$500,000
Down
$300,000
Posting: 291135 | Available | 3/15/25
Completely new laundromat facility, over 100 washers and dryers. ready for a new owner. estimated projections for this year $200k net income, owner operator at $260k net income.
Asking Price
$2,000,000
Cash flow
$504,000
Revenue
$852,000
Down
Call/Email
Posting: 289599 | Available | 2/16/25
This is a laundry business for sale, including the associated real estate. I would like to introduce a well-established laundry business with high gross sales and high net income, offered with real estate included. It is located in a high-density Hispanic neighborhood with favorable demographics.
Asking Price
$4,490,000
Cash flow
$48,000
Revenue
Call / Email
Down
$40
Posting: 286283 | Available | 2/12/25
This coin laundry, which has been well-maintained for over 13 years, is now ready for sale. It is located in a Hispanic populated area at the center of a small shopping center with ample parking and offers very reasonable rent with a long lease available for the new qualified buyer.
Asking Price
$175,000
Cash flow
$90,192
Revenue
$261,093
Down
$480,000
Posting: 290546 | Available | 2/9/25
A simple coin laundry is for sale in Sacramento, operated by an absentee owner. The estimated annual gross income is $261,093, with an annual cash flow of $90,192. A new lease is negotiable, with the rent starting at $4,800 per month. The space is 2,250 square feet.
Asking Price
$480,000
Cash flow
$64,611
Revenue
$168,572
Down
$199,000
Posting: 288860 | Available | 2/5/25
For sale is a coin laundry and delivery service located in Daly City. The estimated annual gross income is $168,572, the annual estimated cash flow is $64,611. The rent is $2,600 per month for approximately 1,000 square feet, and a new lease is negotiable.
Asking Price
$199,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286620 | Available | 6/9/25
This laundromat property is available for purchase and re-tooling. This once well-run and profitable laundromat has fallen due to neglect and an eventual closure. This opportunity is now available for acquisition and renovation.
Asking Price
$697,000
Cash flow
Call/Email
Revenue
$156,000
Down
$155,000
Posting: 286313 | Available | 11/26/24
The estimated gross is $13,000 per month. The rent is $4,000 per month for 4,500 square feet. The lease is until June 30, 2027, and the lease extension is negotiable with the landlord. The business operates seven days a week from 8 am to 8:30 pm.
Asking Price
$155,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 288679 | Available | 10/1/24
For sale is a well-established coin laundry with high potential at an extremely low price, located in Bell. This coin-operated laundry occupies 3,600 square feet in a busy strip mall, offering excellent visibility, ample parking, and convenient in/out access.
Asking Price
Call/Email
Cash flow
$614,400
Revenue
$1,152,000
Down
$25
Posting: 256080 | Available | 10/1/20
Monthly Operating Net Profit: $54,300. Property Tax & Insurance : $3,100. Monthly Net Profit: $51,200. SBA loan: 25% down payment to obtain the SBA loan. 25 years amortization. About prime + 1%. 1031 Exchange is possible. 6 month loan payments are waived by government supports if the buyer get SBA.
Asking Price
$5,000,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$50
Posting: 278267 | Available | 4/22/23
This is a well-established laundry in Pacoima! It is a free-standing building with great visibility and ample parking with easy in and out. This coin laundry is located in a highly trafficked area in an excellent location. It is in a great neighborhood with lots of very loyal regular customers.
Asking Price
Call or email
Cash flow
Call/Email
Revenue
$720,000
Down
$700,000
Posting: 292294 | Available | 4/17/25
Coin Laundry with Property is for sale. The laundry is under operation for 24 hours. The size of the building is 3,110 SF and the Lot size is 9,458 SF. All vending machines are owned by the seller. There are 41 Washers and 51 Dryers, all Electrolux and about 10 years old equipment.
Asking Price
$3,000,000
Cash flow
$38,400
Revenue
$138,000
Down
$85,000
Posting: 289327 | Available | 11/12/24
For sale is a clean, well-established coin laundry with steady income and a loyal customer base. This 1,800 sq. ft. facility is located in a high-traffic strip center at a major street intersection. It is fully equipped as a coin-only laundry (no card system).
Asking Price
$85,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$1,300,000
Posting: 292762 | Available | 5/13/25
For sale is a 24-hour coin laundry with property. Ownership: 5 years with current owner. Size: Building 4,027 sq. ft. / Lot 11,941 sq. ft.
Asking Price
$4,600,000
Cash flow
Call / Email
Revenue
Call / Email
Down
20%+ SBA
Posting: 261493 | Available | 10/6/20
Great Opportunity to Own a Coin Laundry + Property in LA.The coin laundry is an anchor tenant and there is a market as another tenant in the building. This is one of the best coin-operated laundromats in the area. The profit margin is better because of the LOWER sewer charges in this area.
Asking Price
Call / Email
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 278168 | Available | 1/9/23
Very rare opportunity to purchase a new coin laundry with new equipment and property, now under construction. The expected completion will be around the end of January 2023.
Asking Price
$4,500,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 289142 | Available | 1/30/25
This spacious nicely arranged store offers the best and unique mix of equipment sizes to the local surrounding neighborhood to wash and dry their clothes. The spacious turn-key store is ready for someone to come in and be ready to continue the operation.
Asking Price
$225,000
Cash flow
$560,000
Revenue
$1,185,600
Down
$25
Posting: 290035 | Available | 1/4/25
For sale is a lucrative CL and retail biz w/ property situated in S. LA. This biz boasts all the essentials for success, including a user-friendly online automated system for convenient CL pick-up and delivery. With minimal owner involvement, staff and systems handle the business throughout the day.
Asking Price
$3,300,000
Cash flow
$204,000
Revenue
$500,000
Down
$465,000
Posting: 288026 | In Contract | 8/15/24
Introducing well-established, high-net-income laundry in a densely populated Hispanic area. It is a large facility that operates with a card system. Management is very easy and simple. The equipment runs on a reputable brand's card system, making money collection simple & less time-consuming.
Asking Price
$929,000
Cash flow
Call/Email
Revenue
Call/Email
Down
25%+ SBA
Posting: 249197 | Available | 10/14/20
Coin laundry is an anchor tenant and there is a market as a tenant in the retail building. Stable income and great regular customers. Building 5,160 sq.ft. Lot size 12,282 sq.ft. Monthly gross $38,000. Monthly net income $20,500. 53 washers/56 dryers. All equipment is well- maintained.
Asking Price
Call/Email
Cash flow
Call/Email
Revenue
Call/Email
Down
$2,500,000
Posting: 277653 | Available | 2/8/23
For sale is a 24-hour coin laundromat with a 5-year-old 10,000 sq ft. building for sale in Los Angeles. They have over $40,000 in the monthly net.
Asking Price
$4,700,000
Cash flow
Call or Email
Revenue
Call or Email
Down
$40
Posting: 252709 | Available | 10/20/20
Well-established Coin Laundry w/ stable income in LA Koreatown! Great location, location, location! Excellent prime location in a small strip mall on a major street in the heart of Koreatown. Ample parking with easy in and out access. This laundry is always busy with lots of regular customers.
Asking Price
Call or Email
Cash flow
$31,662
Revenue
$287,664
Down
$160,000
Posting: 290547 | Available | 3/24/25
A fully attended coin laundry is available for sale in San Jose as a business run by an absentee owner. The estimated annual gross revenue is $287,664, with an estimated annual cash flow of $31,662. The lease is valid until September 2029, with an additional five-year renewal option.
Asking Price
$160,000
Cash flow
$639,000
Revenue
$1,160,000
Down
$20
Posting: 240277 | Available | 10/10/20
Coin laundry was designated as an essential business during Pandemic. And government supports 6 months SBA loan payments if the escrow is closed before 9/27/2020. The amount would be about $130,000. benefit for the buyer.
Asking Price
$5,200,000
Cash flow
$318,000
Revenue
$868,000
Down
25 to 35 %
Posting: 277293 | Sold | 6/10/24
High traffic, central Los Angeles laundromat with a healthy, loyal customer base. One owner for 20 years. Many streams of income are in place with the potential for more. Flexible SBL and partial seller financing are available. Dependable staff in place. Unique chance for an established money maker.
Asking Price
$1,300,000
Cash flow
$198,451
Revenue
$1,260,695
Down
Call/Email
Posting: 290497 | Available | 5/15/25
Imagine the incredible opportunity of owning a sprawling 4.32-acre compound that stands as a beacon of enterprise and potential.
Asking Price
$3,500,000
Cash flow
Call / Email
Revenue
Call / Email
Down
$40
Posting: 259594 | Available | 10/25/20
Located in a strip mall in a prime location and surrounded by many apartments. Ample parking lot with easy in and out access. This laundry is always busy with lots of regular customers due to its excellent location. Must see! It has the potential to increase revenue even more. Long-term lease.
Asking Price
Call / Email
Cash flow
$99,852
Revenue
$308,592
Down
$40
Posting: 289854 | Available | 12/15/24
Spotless and state-of-the-art coin laundry in North Hollywood for sale! This facility features all the latest technology, making it a top-of-the-line operation. It boasts a hybrid payment system that includes one kiosk and the advanced F3 FasCard system.
Asking Price
$700,000
Cash flow
Call/Email
Revenue
$240,000
Down
$30
Posting: 281139 | Available | 9/11/24
For sale is a special chance to own property in a dense residential area of LA. The business is a clean CL with staff, and is ideal because of absentee owners. New operator can add new services to boost revenue. There is a loyal customer base, and this is a great opportunity. Don't miss out!
Asking Price
$1,400,000
Cash flow
$64,611
Revenue
$168,572
Down
$199,000
Posting: 288860 | Available | 2/5/25
For sale is a coin laundry and delivery service located in Daly City. The estimated annual gross income is $168,572, the annual estimated cash flow is $64,611. The rent is $2,600 per month for approximately 1,000 square feet, and a new lease is negotiable.
Asking Price
$199,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$50
Posting: 288661 | Available | 9/29/24
This is a well-established, 4,300 sq. ft. coin laundry with a high, stable income located in Los Angeles. This freestanding building is in a prime location with great visibility and ample parking, offering easy access in and out.
Asking Price
Call/Email
Cash flow
Call/Email
Revenue
$480,000
Down
Call/Email
Posting: 288986 | Available | 5/22/25
This is a very well maintained and clean Coin-Laundry which has good potential and in good location. Asking price is $900.000.00 and 6yr+4yrs option lease term. Soft water system with 4 electric boiler and excellent maintenance. Rent is $6,500/ month and increase 5% annually.
Asking Price
$900,000
Cash flow
$60,000
Revenue
Call/Email
Down
All Cash
Posting: 293108 | Available | 6/9/25
Well established clean laundry with absentee run in Mid Wilshire the inner city of Los Angeles. This laundry was fully renovated 10 years ago. Located a busy major crossed street corner. It's neat and clean. The seller has a health problem and decided to sell. The seller is looking for cash buyers.
Asking Price
$289,000
Cash flow
$600,000
Revenue
$1,320,000
Down
$3,500,000
Posting: 286558 | Available | 5/14/24
A very high sales volume coin laundromat with property is available for sale. The monthly average sales amount to about $110,000, with a net income per month of $50,000. The laundry features brand-new machines and occupies a lot size of 25,740 square feet, with a building size of 5,520 square feet.
Asking Price
$8,200,000
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.
ServingAll California
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
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
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
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.
Laundromats undeniably represent a fantastic business opportunity. They offer high returns and require minimal hours, making them an attractive investment. Even during severe economic downturns, laundromats prove resilient as they provide an essential life service, but why do laundromats fail?
For Laundromat investors looking to enter the industry, these are challenging times. This significant industry that is surging due to "smarter" equipment, cleaner spaces, more staff, & the larger payback for offering a better customer experience. But, brokers & sellers have unrealistic valuations.
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Buying a business is a big step for an entrepreneur to take. This is why utilizing the right business buying services is crucial as you go about your process. In this article, we will break down each service, what they are for, and why they are essential to your buying process.
Are you ready to sell your business, but need help in marketing a business listing to possible buyers? Since 90% of buyers want to buy a business online, take advantage of the chance that digital marketing offers to sell your company quickly.
Buying a business is an exciting alternative to starting from scratch. It lets you skip some of the challenges of building a startup from scratch, like building a customer base or creating a product, and instead jump into a company that's already up and running. But buying a business involves...
Buying a business can be one of the biggest decisions you'll make. To avoid costly mistakes, you need to know the right questions to ask. Asking the right questions will make sure you are making the right deal. Moreover, you will get detailed knowledge about how the business has performed in the...
Selecting the right Mergers and Acquisitions (M&A) advisor is a pivotal decision for business owners contemplating the sale of their company.
Buying a business can be a life-changing event that can make you your own boss, rather than making money for others, you make it for yourself and your family. However, it's crucial to approach it with caution, excitement, and thoroughness.
How does the laundromat business look as we enter this changing environment? Is it still as easy to operate a laundry and be profitable? Is it still the American Dream Business that it has been known to be? Yes, but… Chuck Post, Laundry Advisor & Consultant initiates this BizBen Discussion post.
We are finding that many laundry buyers and investors are not being given true light to selected elements of value or there are inconsistencies in the interpretation of these elements of value. This common error needs to be addressed. In this BizBen Discussion we address many of those factors.
Chuck Post a laundry consultant, specialty broker, buyer representative & due diligence advisor starts this discussion on why it's important to have an exit strategy in mind while buying a laundromat! He & others explain why this concept is so important for buyers especially in the laundry business.
However all the laundry listings are asking 4X to 5X multiple for an asking price! Is this reasonable, standard? We are are looking buy either a coin or a card laundry and want to pay a "fair" price. What factors go into valuing a laundry business these days? Multiple Advisors answer this question.
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.
