Cash flow
$156,000
Revenue
$336,000
Down
$640,000
Posting: 286312 | Available | 4/28/24
A simple coin laundry is for sale in Nob Hill, San Francisco, with an estimated gross income of $28,000 per month and an estimated cash flow of $13,000 per month. The rent is $5,200 per month for a space of 2,400 square feet. The new lease includes a 5-year term with a 5-year option.
Asking Price
$640,000
Posting: 261419 | Available | 4/27/24
I am seeking car washes and laundromats. I specialize in coin-operated carwashes with land In the last three months closed all cash escrows for a total of four self-serve carwashes with land and laundromats. I represent multiple clients who know that these businesses might not have financials.
Cash flow
$93,900
Revenue
$240,000
Down
$40
Posting: 286283 | Available | 4/26/24
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
$265,000
Cash flow
$96,000
Revenue
$396,000
Down
Call/Email
Posting: 286221 | Available | 4/22/24
This laundromat, which is located in a perfect location with lots of loyal customers, is exceptionally clean, and includes all equipment, fixtures, furniture, and goodwill in the asking price. This laundromat is considered one of the best in the area due to its large number of loyal customers.
Asking Price
$1,950,000
Cash flow
$60,000
Revenue
$204,000
Down
$330,000
Posting: 286217 | Available | 4/21/24
There are two coin laundries for sale in the Inner Richmond District of San Francisco. The estimated gross income is $17,000 per month, with an estimated cash flow of $5,000 per month. Both leases are valid until 2030 and are negotiable for extension. The janitorial fee is $900 per month for both.
Asking Price
$330,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284689 | Available | 4/19/24
This laundromat has recently been remodeled with some new equipment. It has an excellent mix of equipment. It is located in a strip center with great visibility and easy access.
Asking Price
$318,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284639 | Available | 4/19/24
This laundromat is located in a strip center of a major street intersection. It has great visibility in a high-traffic area. It has easy in and out access and plenty of parking.
Asking Price
$68,000
Cash flow
$90,000
Revenue
$290,000
Down
$50
Posting: 284608 | Available | 4/18/24
For sale is a coin & card hybrid laundromat with brand new washers that is open from 7:00am-9:30 pm. The size is 2,500 sq ft. and rent is $6,500 plus CAM charge. The lease is 3 five-years lease & options. This is the best laundromat for a first-time business owner.
Asking Price
$375,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286127 | Available | 4/15/24
A well-established coin laundry is available at a low price in LA. This coin laundry boasts a prime location in a large strip mall with ample parking, situated near Koreatown. It enjoys great demographics and a loyal customer base in a desirable neighborhood, surrounded by houses/apartments.
Asking Price
Call/Email
Cash flow
$264,000
Revenue
$624,000
Down
$35
Posting: 283271 | Available | 4/12/24
This is a newly built coin laundromat that is just 1 year old. This is a great location in a heavy residential and business in LA. It was totally reconstructed with all plans & new equipment. The current rev. is an average of $46,000 & is increasing fast! They have loyal staff running the business. ...
Asking Price
$1,800,000
Cash flow
$63,000
Revenue
$290,000
Down
Cash Only
Posting: 285447 | Available | 4/12/24
This is a real absentee run, high-potential laundromat in Van Nuys/North Hollywood. The location is the center of Hispanic community, in a 7/11 shopping center with good parking. It is good for flipping and six digit income potential. All equipment is a major brand in good working condition.
Asking Price
$220,000
Cash flow
$18,360
Revenue
$109,992
Down
Call/Email
Posting: 286072 | Available | 4/9/24
This coin operated laundromat in Sacramento, California has great visibility from a highly trafficked street, a loyal customer base, and ample parking.
Asking Price
$149,000
Cash flow
Call/Email
Revenue
$495,451
Down
Call/Email
Posting: 284859 | Available | 4/5/24
For sale is a laundromat that has great demographics, with existing clientele for more than 20 years. With some upgrades, this is a great opportunity for all buyers. There is a 10-year lease with a 1x5 year option will be given to the qualified buyer. Seller is motivated. No broker cooperation.
Asking Price
$330,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285894 | Available | 3/29/24
This is an asset sale store. It is great for someone whom wants a fixer upper style location to create and built the store with its own unique way of how a laundromat business should be. They have a good mix of equipment from 20lb, 30lb, 60lb, 80lb washers to 30lb stack dryers and larger dryers.
Asking Price
$100,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285893 | In Contract | 3/29/24
This is an opportunity at hand for a store located near San Fernando. This store sits in front of a major busy street with plenty of store front visibility. It has easy ingress and egress which gives easy access to the mid-size center. This manageable size store is great for starters.
Asking Price
$225,000
Cash flow
$35,160
Revenue
$119,580
Down
Call/Email
Posting: 285812 | In Escrow | 3/23/24
This coin op laundry has a steady flow of customers both new and old. The Seller, who is retiring, maintains the laundry like a professional. The Seller has owned an operated this laundromat for over 10 years. All of the equipment is in excellent condition.
Asking Price
$148,985
Cash flow
$29,200
Revenue
$134,280
Down
Call/Email
Posting: 285766 | In Escrow | 3/21/24
This San Francisco self service laundromat is kept very clean with lots of plants that gives the laundry a nice feel. There are 25 commercial washers and 26 commercial dryers. The well managed self and full service laundries are doing very well as this is a basic business.
Asking Price
$138,985
Cash flow
$65,508
Revenue
$211,620
Down
Call/Email
Posting: 285568 | Available | 3/7/24
This laundry location has recently been remodeled and has a steadily growing income. It is located in a densely populated area surrounded by lots of apartment complexes.
Asking Price
$298,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285553 | Available | 3/7/24
This established, neighborhood coin laundry in Glendale Montrose area has a solid existing income, but tons of growth potential. Excellent opportunity as a starter store, or for an experienced owner looking to customize it to their taste.
Asking Price
$350,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285554 | Available | 3/7/24
This coin laundromat is located in a densely populated neighborhood in east Los Angeles with excellent demographics for the business. With a full remodel in 2015 and additional new equipment added within the last two years, this turn-key location is a great investment opportunity for a new owner.
Asking Price
$535,000
Cash flow
$108,000
Revenue
$255,000
Down
Call/Email
Posting: 277572 | Available | 3/4/24
For sale is a high-traffic laundromat located in Modesto, CA. The washers and dryers were replaced a few years ago. It is located in a very busy shopping center with a lot of foot traffic. Business is run on a loyalty card system.
Asking Price
$650,000
Cash flow
$107,880
Revenue
$396,000
Down
Call/Email
Posting: 282118 | Available | 3/4/24
This is a well-established and profitable coin-operated laundry with a strong cash flow. The laundromat is located in a densely populated rental neighborhood with great visibility in a high-traffic area. There is easy in-and-out access and excellent parking.
Asking Price
$480,000
Cash flow
Call/Email
Revenue
$360,000
Down
Call/Email
Posting: 282215 | Available | 3/1/24
Well-established laundry in the Los Angeles southwest area. It's in a 7-11 shopping center with T-Mobile, all 6 units with good parking. Near a several hundred-unit huge apartment complex, Honey Hole of laundry demographic. Just got a new $150,000. Equipment is included in the price.
Asking Price
$339,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$50,000
Posting: 285371 | Available | 2/26/24
Are you seeking a lucrative investment in a prime upscale neighborhood while maximizing tax benefits? Look no further! Presenting an exceptional opportunity to acquire a thriving laundromat nestled in the heart of an upscale neighborhood.
Asking Price
$150,000
Cash flow
$101,580
Revenue
$381,600
Down
Call/Email
Posting: 285375 | Available | 2/26/24
This coin operated laundromat has an excellent mix of equipment in additional to good parking with easy in and out access. It is a well-established laundromat with an established customer base. It is a prime location in a densely populated rental neighborhood.
Asking Price
$438,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281258 | In Contract | 2/16/24
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
$299,000
Cash flow
Call/Email
Revenue
$231,000
Down
Call/Email
Posting: 284432 | Available | 2/14/24
This laundry is located in a busy strip center and on a major intersection. It is very well maintained with easy in and out access and great parking. It is located in a populated area surrounded by lots of apartment complexes.
Asking Price
$268,000
Cash flow
$240,000
Revenue
$360,000
Down
$750,000
Posting: 281340 | In Escrow | 1/23/24
A coin laundromat in Rockridge, Oakland. The current owner has had it for 16 years and it has been established for 40 years. It is in a great location and generates huge cash flow. It is open 7 days a week. The equipment and machines are 7 years old.
Asking Price
$750,000
Cash flow
$384,000
Revenue
$732,000
Down
N/A
Posting: 286371 | Available | 5/19/24
For sale is a high-volume location in a beautiful vacation destination city. It is 8 years old and is already one of the highest volume locations in Northern Ca. With ample parking, loyal customers, and is the only laundromat in town! Serious inquiries only.
Asking Price
$1,800,000
Cash flow
$196,800
Revenue
$480,000
Down
$520,000
Posting: 286461 | Available | 5/20/24
GB Laundry Brokers is currently offering a spacious laundromat spanning 4,063 sq ft in Sacramento CA. The laundromat is on a very busy street with ample parking, and a loyal customer base. This location has a lot of potential for growth with the right operator.
Asking Price
$1,300,000
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
$210,000
Revenue
Call/Email
Down
$435,000
Posting: 286628 | Available | 5/19/24
This laundromat generates high volume and high net income, with books and records ready for review. It features state-of-the-art, brand new washers and dryers, and is very clean and neat. The business is located on a very busy corner in a high-density neighborhood.
Asking Price
$1,450,000
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
Call / Email
Revenue
Call / Email
Down
$1,300,000
Posting: 262975 | Available | 10/10/20
Exclusive Listing, Coin laundry combined with 4 bays coin car wash at 21,000. Sqf. lot in major Blvd. Newly built up 20 months ago, monthly gross sales have been increasing gradually since its opening, and upside potential for the future. 1031 Exchange is possible. Owner has not been working there.
Asking Price
$6,100,000
Cash flow
$174,000
Revenue
$480,000
Down
Call/Email
Posting: 284308 | Available | 5/21/24
This coin laundry is well maintained and very clean, the best laundromat in town. It has an ample parking lot and an excellent and easy location. The asking price is $1,095,000.00 The seller wants a prospective buyer who has great experience in this field and can run his store diligently.
Asking Price
$1,095,000
Cash flow
$35,160
Revenue
$119,580
Down
Call/Email
Posting: 285812 | In Escrow | 3/23/24
This coin op laundry has a steady flow of customers both new and old. The Seller, who is retiring, maintains the laundry like a professional. The Seller has owned an operated this laundromat for over 10 years. All of the equipment is in excellent condition.
Asking Price
$148,985
Cash flow
Call/Email
Revenue
$182,400
Down
$25
Posting: 281139 | Available | 11/3/23
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
$1,350,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283817 | Available | 11/12/23
This laundromat is located in a prime San Fernando Valley market area with good parking. The laundromat is 6,000 sq ft. in space with a lot of potential for increased revenue through ancillaries. The business has fallen to unprofitable levels. The equipment is beyond its useful life.
Asking Price
$295,000
Cash flow
$101,580
Revenue
$381,600
Down
Call/Email
Posting: 285375 | Available | 2/26/24
This coin operated laundromat has an excellent mix of equipment in additional to good parking with easy in and out access. It is a well-established laundromat with an established customer base. It is a prime location in a densely populated rental neighborhood.
Asking Price
$438,000
Cash flow
Call / Email
Revenue
Call / Email
Down
$25
Posting: 261457 | Available | 10/5/20
Great Opportunity to Own a Coin Laundry + Property in LA. This is one of the best coin-operated laundromats. In the free-standing building with a huge parking lot in a great location. This laundry is located in an area with a high population of coin laundry customers with great visibility.
Asking Price
Call / Email
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286127 | Available | 4/15/24
A well-established coin laundry is available at a low price in LA. This coin laundry boasts a prime location in a large strip mall with ample parking, situated near Koreatown. It enjoys great demographics and a loyal customer base in a desirable neighborhood, surrounded by houses/apartments.
Asking Price
Call/Email
Cash flow
$324,000
Revenue
$820,000
Down
$35
Posting: 266328 | Available | 4/8/21
Big Cash Maker CL for sale! All equipment in good condition and no extra investment needed for upgrades. Great appearance and has well trained, loyal staff of attendants in place. Steady regular and new customers arriving constantly. Big net income and rare opportunity for serious buyer. Must see.
Asking Price
Call / Email
Cash flow
$50,544
Revenue
$177,600
Down
$35
Posting: 271778 | Available | 2/14/22
Excellent NOHO Laundry available. Very high traffic location with steady regular customer base. Turn key and great for any buyer. Please call for details!
Asking Price
Call / Email
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281258 | In Contract | 2/16/24
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
$299,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282163 | Available | 10/5/23
Well-established low-rent coin laundry in Downtown Cudahy for sale. 3600 sq ft coin-operated laundry in a strip mall downtown. 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!
Asking Price
Call/Email
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285553 | Available | 3/7/24
This established, neighborhood coin laundry in Glendale Montrose area has a solid existing income, but tons of growth potential. Excellent opportunity as a starter store, or for an experienced owner looking to customize it to their taste.
Asking Price
$350,000
Cash flow
$156,000
Revenue
$336,000
Down
$640,000
Posting: 286312 | Available | 4/28/24
A simple coin laundry is for sale in Nob Hill, San Francisco, with an estimated gross income of $28,000 per month and an estimated cash flow of $13,000 per month. The rent is $5,200 per month for a space of 2,400 square feet. The new lease includes a 5-year term with a 5-year option.
Asking Price
$640,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282134 | Available | 8/10/23
Rebuilt the existing Coin Laundry and reopened one year ago. Brand new machines, drains, cabinets, water supply system, coin changers, and roof.
Asking Price
$1,800,000
Cash flow
$60,000
Revenue
$204,000
Down
$330,000
Posting: 286217 | Available | 4/21/24
There are two coin laundries for sale in the Inner Richmond District of San Francisco. The estimated gross income is $17,000 per month, with an estimated cash flow of $5,000 per month. Both leases are valid until 2030 and are negotiable for extension. The janitorial fee is $900 per month for both.
Asking Price
$330,000
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
$108,000
Revenue
$255,000
Down
Call/Email
Posting: 277572 | Available | 3/4/24
For sale is a high-traffic laundromat located in Modesto, CA. The washers and dryers were replaced a few years ago. It is located in a very busy shopping center with a lot of foot traffic. Business is run on a loyalty card system.
Asking Price
$650,000
Cash flow
$505,236
Revenue
$1,137,852
Down
$650,000
Posting: 274510 | Available | 11/3/22
South Los Angeles Property w/free-standing CL & Retail. The area is mixed residential and biz. Reliable staff in place running All Daily Operations! Excellent books & records. Actual turn-key CL in great value for Serious Buyer!! Must see to appreciate.
Asking Price
Call/Email
Cash flow
$68,500
Revenue
$152,400
Down
$235,000
Posting: 275461 | Available | 1/11/24
For sale is a neighborhood laundromat in the desirable area of Glendale/La Crescenta with a solid customer base. It's a good income-producing laundry. This is a medium-sized laundry with easy access in and out, good visibility, and parking. All equipment is in good working order and well-maintained.
Asking Price
$235,000
Cash flow
$363,336
Revenue
$690,000
Down
Call/Email
Posting: 285077 | Available | 4/30/24
This is a rare chance to buy a coin laundromat business with the property! It is a free-standing corner location with great visibility, serving a dense residential zone. They have kind staff and loyal customers in place. It has everything needed to please the customers.
Asking Price
$3,000,000
Cash flow
$129,278
Revenue
$269,492
Down
$900,000
Posting: 281832 | Available | 7/27/23
The seller wants to retire. The seller has owned coin laundry for 30 years, Open hours are 6:00 am-10:00 pm. Lot size 0.38 acre, Building size 5654 sqft (Coin Laundry 4000 sqft). Coin laundry $20000/mo, Water store $2000/mo, 99 Cents store $1200/mo. Coin Laundry $500000, Property 2.5 M.
Asking Price
$3,000,000
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.
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
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
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.
The coin-operated laundry business has undergone significant changes, evolving beyond its traditional model. Laundromats are now transforming into comprehensive "laundry businesses." This shift reflects a broader approach that goes beyond mere self-service coin-operated machines.
The laundry business offers all of those rewards of business ownership, with much fewer headaches than with most other businesses. However buyer beware - Chuck Post, laundry broker and consultant covers several mistakes many first time laundry buyers commit when buying a California laundromat.
Chuck Post hosts these live FREE online webinars on Buying A Card or Coin Laundry. These webinars occur every Weds at Noon. Have your questions ready for an open and honest discussion about both the Pro & Cons of the Vended Laundry Business. RSVP or for more info phone Chuck at 619-227-5711 direct.
When investing in a laundry business, there are two methods. One is preferred, but the other is far more common. If you are considering entering into a new industry, like most now entering the laundry industry, you want to have a good understanding of both opportunities. Chuck Post explores both.
Laundry buyers and investors should expect both challenging times and opportunities for success in 2022 and 2023. Chuck Post, Laundry Industry Advisor explores growth opportunities, equipment advances, industry challenges and trends all laundromat buyers and investors should know about.
Chuck Post, a leading laundry expert with over 37 years of developing laundries, retooling, and rebranding hundreds of existing laundries, tells investors how to search, find, evaluate, and do good laundry due diligence laundries for acquisition. A must read for new investors & current operators.
Coin operated laundry for sale (also referred to as a laundromat), which typically can yield a 20% to 30% profit (before taxes, interest, depreciation and amortization) on gross revenues to the owner. Peter Siegel, MBA with BizBen.com discusses this topic on buying small to mid-sized laundromats.
Utility rates are on the rise. I am getting calls from laundry owners complaining of the costs, asking for ideas. So what is the answer? What is the best approach in combating these costs? Chuck Post, laundry consultant discusses strategies for keeping coin laundry utility costs under control.
Many Californians want to buy a coin laundry because it's a business that doesn't require full time owner attention and because, as an all cash business, the owner is always paid before the service is provided. But there are a few misconceptions about the business and a buyer should have the facts.
Laundromats and coin operated Laundromats are popular choices among business buyers as they often can be successfully run as an absentee run business. You need to be strategic about when you sell your Laundromat so you don't get taken to the cleaners by a buyer and so that you maximize your profits.
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.
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.
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.
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.
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.
