Cash flow
Call/Email
Revenue
$347,364
Down
$499,000
Posting: 284758 | Available | 1/20/24
This is a large coin laundry in Oakland near Lake Merritt. It's a full attendant. It is open 7-days from 7am to 9pm. Rent at $6,750/month for 3,300 sq ft. It's available for parking spaces in the rear. Annual Estimated Gross: 347,364. A new lease is negotiable.
Asking Price
$499,000
Cash flow
$120,000
Revenue
Call/Email
Down
Call/Email
Posting: 284724 | In Contract | 1/18/24
For sale is a completely updated machine & clean facility. The owner wishes to retire. Prospective buyers need to visit the site one of the cleanest, well-established, and nicely laid out laundromats in the area. The facility offers a size of 3,450 sqft space with below market rental rate.
Asking Price
$435,000
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
$400,000
Revenue
$850,000
Down
$30
Posting: 284599 | Available | 1/10/24
This coin laundromat store sales a business and property. The store is located in a densely populated area. The store has recently expanded to get more space and growing the sales. The parking space has over 20 spaces.
Asking Price
$3,900,000
Cash flow
$550,000
Revenue
$1,000,000
Down
$40
Posting: 280104 | Available | 1/10/24
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.
Asking Price
$3,000,000
Cash flow
$134,364
Revenue
Call/Email
Down
Call/Email
Posting: 284555 | In Contract | 1/7/24
For sale is a well-established business located in a growing city that is being gentrified with new apartment complex. If you are looking for a turnkey store, look no further. This welcoming size of 3,000 square foot location is ideal for someone new or experience ready to operate.
Asking Price
$520,000
Cash flow
$39,600
Revenue
$150,000
Down
$158,400
Posting: 284543 | Available | 1/6/24
This is a coin/card laundromat for sale in SF (Mission District). It is absentee owner run. The monthly estimated gross is $12,500 and the monthly estimated cash flow is $3,300. Rent is $3,150/month for 1,100 sq ft. Lease goes until 11/1/2027, but an extension is negotiable.
Asking Price
$158,400
Cash flow
$96,000
Revenue
$540,000
Down
Call/Email
Posting: 256087 | Available | 1/6/24
This is a well-established laundromat and it has a large amount of local & faithful customers. The laundromat business is a good part-time business for people from all walks of life for supplemental income. A new operator with good business sense would do well to take over the business.
Asking Price
$295,000
Cash flow
$65,208
Revenue
$232,140
Down
Call/Email
Posting: 284258 | Available | 12/12/23
For sale is a 3,500 sq ft. laundromat located in the city of Compton. It has great potential. The owner is retiring and will entertain any reasonable offer. The seller is very motivated!
Asking Price
$255,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283818 | Available | 11/12/23
This laundromat in located in an area that is going through a period of gentrification and is located attractively to this growing population. There is plenty of parking. It is largely an Hispanic market area with larger family sizes and mostly renters; an ideal market area.
Asking Price
$175,000
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
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
$102,000
Revenue
$336,000
Down
Call/Email
Posting: 278665 | In Contract | 10/31/23
For sale is a fully remodeled clean & neat laundry located in the Mid Wilshire/Koreatown area with the highest density. It is in a very busy corner shopping center with several tenants. It has a good income as it is absente-run with easy maintenance/operation. All washers/dryers are major brands.
Asking Price
$439,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$40
Posting: 283461 | Available | 10/20/23
San Diego Laundromat redevelopment project (North County). PBI Laundry Consulting, Inc. Has a new San Diego County re-tool project available. The area boasts a high Hispanic population with large families and a high percentage of renters. The market area is gentrifying at this time.
Asking Price
$550,000
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: 282164 | Available | 10/5/23
2850 SF Well-established Coin Laundry w/ High Stable Income in LA. Great visibility and stable income with great growth potential. Located in a strip mall in a prime location. Great visibility with ample parking and easy in/out access. This coin laundry is located in a very densely area,
Asking Price
Call/Email
Cash flow
$31,322
Revenue
$155,325
Down
Call/Email
Posting: 283082 | Available | 9/28/23
A great potential starter coin laundry store with a lot of parking in front and back, and great demographics for laundromat in the Ventura area. A huge potential to grow the existing fluff and fold service. With 18.5 year total lease including options. Approximate laundry size of 1,950sqft.
Asking Price
$135,000
Cash flow
$200,000
Revenue
$500,000
Down
Cash
Posting: 283067 | Available | 9/27/23
Card laundromat with stable revenues, accurate sales, constant income, Semi-Absentee run. No fluff & fold, It is good to maintain the condition of the machine well. Plenty of parking lots. Open hour 6:00 am-11:00 pm, Size 3600 sf, Rent $ 8500/mo, including NNN. Average sales $ 42000/mo.
Asking Price
$1,000,000
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
$88,212
Revenue
$314,448
Down
Call/Email
Posting: 265237 | Available | 8/4/23
The owner has good books and records $26,200/average monthly income for the past 12 months. This store is located in Mid Los Angeles 5-10 minutes to downtown L.A and West L.A and built with all Dexter washers and Dryers. 3000 sq ft, New lease available to qualified buyers.
Asking Price
$345,000
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
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281060 | Available | 6/5/23
This laundromat business started in January 1989 and this laundromat business is a good part-time business for people from all walks of life for supplemented income, This laundromat is one of the best laundromats in the area with lots of loyal customers.
Asking Price
$2,100,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$5,000,000
Posting: 280963 | Available | 5/30/23
Incredible opportunity: State-of-the-Art Coin Laundry Business with real estate for sale together! Modern and high-end thriving market. Unmatched profitability with the year-round operation. Qualified buyers only. Limited investor opportunity.
Asking Price
Call/Email
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 280854 | Available | 5/22/23
Well-established Coin laundry in Van Nuys. Location, location, location! Prime location in a small strip mall on a major street in Van Nuys. This laundry is always busy with lots of regular customers. Must see! This coin laundry has great demographics and is in a good neighborhood.
Asking Price
Call/Email
Cash flow
Call/Email
Revenue
$1,100,000
Down
$1,750,000
Posting: 280575 | Available | 5/4/23
Coin Laundry with property for sale. It is located on a very busy street surrounded by businesses and residential areas in Los Angeles County.
Asking Price
$5,750,000
Cash flow
Call/Email
Revenue
Call/Email
Down
40% SBA
Posting: 280344 | Available | 4/24/23
5600 SF Well-established Coin Laundry w/ High Stable Income in LA. Great visibility and should have higher income with great growth potential. Gross income is over $ 48,500. All equipment is well-maintained and in great condition. Many washers will be replaced soon so the revenue should go up.
Asking Price
Call/Email
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
Call/Email
Down
Call/Email
Posting: 276251 | Available | 3/10/23
For sale is a well-established coin laundromat that has been under the current owner for over 10 years. This is a great location with low rent and steady cash flow.
Asking Price
$95,000
Cash flow
$60,000
Revenue
$200,000
Down
$250,000
Posting: 285036 | Available | 4/18/24
This is a laundromat located at Signal Corner Shopping Center. It has busy foot traffic. There are brand new 64 Unit apartment opening across the street in March. It has had the present owner for 8 years and there is still lots of potential to increase the sales revenue.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$150,000
Posting: 284611 | Available | 4/7/24
For sale is a long-established laundromat with a loyal customer base. It is approximately 2,200 sq ft. at a fantastic location and demographics with endless profit possibilities. Location and demographics make this a winning investment.
Asking Price
$150,000
Cash flow
Call or email
Revenue
Call or Email
Down
Call / Email
Posting: 278268 | Available | 1/15/23
Well-established laundromat in East LA at a LOW Price! Located in a big shopping center in a prime location with ample parking and high traffic. Location! Location! Location!! Lots of regular customers due to its excellent location. Very high return on investment due to No sewer charge.
Asking Price
Call or email
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
$550,000
Revenue
$1,000,000
Down
$40
Posting: 280104 | Available | 1/10/24
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.
Asking Price
$3,000,000
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: 286234 | Available | 4/22/24
Are you ready for a stable business with consistent income? Look no further! This well-established laundromat is a fantastic opportunity to own a profitable business with minimal overhead.
Asking Price
$305,000
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
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
$598,656
Revenue
$1,024,530
Down
Cash Only
Posting: 285772 | Available | 3/21/24
For sale are 3 laundromats in Victorville and Hesperia. All together are $3 million total. (1) Victor Ville: $37,3362/year; Rent $5,172, 3792 sf | (2) Victor Ville: $ 266,064/year; Rent $3,012, 2100 SF | (3) Hesperia: $385,104/year; Rent $4,696, 1800 sf
Asking Price
$3,000,000
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
$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
$39,600
Revenue
$150,000
Down
$158,400
Posting: 284543 | Available | 1/6/24
This is a coin/card laundromat for sale in SF (Mission District). It is absentee owner run. The monthly estimated gross is $12,500 and the monthly estimated cash flow is $3,300. Rent is $3,150/month for 1,100 sq ft. Lease goes until 11/1/2027, but an extension is negotiable.
Asking Price
$158,400
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281060 | Available | 6/5/23
This laundromat business started in January 1989 and this laundromat business is a good part-time business for people from all walks of life for supplemented income, This laundromat is one of the best laundromats in the area with lots of loyal customers.
Asking Price
$2,100,000
Cash flow
Call/Email
Revenue
$347,364
Down
$499,000
Posting: 284758 | Available | 1/20/24
This is a large coin laundry in Oakland near Lake Merritt. It's a full attendant. It is open 7-days from 7am to 9pm. Rent at $6,750/month for 3,300 sq ft. It's available for parking spaces in the rear. Annual Estimated Gross: 347,364. A new lease is negotiable.
Asking Price
$499,000
Cash flow
$200,000
Revenue
$425,531
Down
$370,000
Posting: 285822 | Available | 4/18/24
The current owner, who has operated the business for 23 years, is seeking to retire. The laundromat is approximately 10 years old and has been well-maintained, ensuring its good condition. The laundromat features 67 washers and 48 dryers, offering substantial capacity for customers.
Asking Price
$740,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 269473 | Available | 4/3/24
Price reduced! This is a small laundromat for sale in San Francisco. The size is about 1200 sq ft. and this is a commercial condo until you own the space (no rent to pay). Before the pandemic, sales were $15,000 per month and now is currently $92,000 a year. BRING YOUR OFFER!! MOTIVATED SELLER!
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
$200,000
Revenue
$500,000
Down
Cash
Posting: 283067 | Available | 9/27/23
Card laundromat with stable revenues, accurate sales, constant income, Semi-Absentee run. No fluff & fold, It is good to maintain the condition of the machine well. Plenty of parking lots. Open hour 6:00 am-11:00 pm, Size 3600 sf, Rent $ 8500/mo, including NNN. Average sales $ 42000/mo.
Asking Price
$1,000,000
Cash flow
Call / Email
Revenue
Call / Email
Down
$400,000
Posting: 275406 | Available | 10/10/22
This is a brand new store in complete remodel and is scheduled to open around September 1st. Great demographic area, will be a pride of ownership store with all new equipment, floors ceiling, tankless heaters and cabinetry. This store should be the best store in Compton.
Asking Price
$1,399,000
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
$120,000
Revenue
Call/Email
Down
Call/Email
Posting: 284724 | In Contract | 1/18/24
For sale is a completely updated machine & clean facility. The owner wishes to retire. Prospective buyers need to visit the site one of the cleanest, well-established, and nicely laid out laundromats in the area. The facility offers a size of 3,450 sqft space with below market rental rate.
Asking Price
$435,000
Cash flow
Call / Email
Revenue
Call / Email
Down
35%+ SBA
Posting: 255357 | Available | 10/13/20
3600 sq. ft. Card-operated laundry in Paramount. Excellent prime location in a small strip mall on a major street in the heart of Paramount. Lots of regular customers due to its excellent location. The great designed interior and decorations. Great visibility with ample parking.
Asking Price
Call / Email
Cash flow
$110,400
Revenue
$264,000
Down
Call / Email
Posting: 263476 | Available | 4/8/21
Excellent free standing LA laundry is a real gem. Reliable staff & all amenities included for additional income. Fixed rent w/ long lease in place! Perfect absentee ownership opportunity. Long commute causing owner to sell. Call to hear outstanding details!
Asking Price
$375,000
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
$96,000
Revenue
$540,000
Down
Call/Email
Posting: 256087 | Available | 1/6/24
This is a well-established laundromat and it has a large amount of local & faithful customers. The laundromat business is a good part-time business for people from all walks of life for supplemental income. A new operator with good business sense would do well to take over the business.
Asking Price
$295,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283818 | Available | 11/12/23
This laundromat in located in an area that is going through a period of gentrification and is located attractively to this growing population. There is plenty of parking. It is largely an Hispanic market area with larger family sizes and mostly renters; an ideal market area.
Asking Price
$175,000
For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
ServingNationwide - All Areas
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
I am the Founder Of BizBen.com. I consult daily with intermediaries, business buyers, owner/sellers & advisors daily about buying and selling California small to mid-sized businesses. Contact me today about joining & utilizing BizBen, consultations, & advisory services.
ServingNationwide - All Areas
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
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
I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a business evaluation & SWOT analysis for your business anywhere in the USA.
ServingNationwide
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
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.
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.
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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.
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.
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.
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.
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.
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.
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.
Unlike a traditional brick and mortar business, selling a home business requires more finesse on the part of the seller. You really need to do your due diligence and prepare the business to be sold in order to make it attractive to a buyer. Here are my tips to achieving a successful sale.
The latest BizBen.com survey of Business Brokers and Agents outlined what it takes to be a top ten percent performer in the business brokerage industry. From good communication to utilizing your resources, these traits are something to take note of and put into practice to be successful.
This webinar is designed for business buyers, owner/sellers, business brokers, agents, and advisors who can benefit on the latest information and strategies on procuring large SBA loans to buy or sale a "large" small business - typically priced between $500K to $10M. Peter Siegel, MBA is the host.
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.
Approaching business owners directly to see if they want to sell can sometimes work well for business buyers searching to buy a small business. Another way is to broadcast your search criteria via the BizBen ProBuy Program to all brokers, agents, and intermediaries who are selling a small business.
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!
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.
In my experience working with the "right banks and financial institutions" repayment ability sometimes overrules collateral pledged by someone needing financing for a business purchase or a down payment. Peter Siegel, MBA - BizBen's ProBuy, ProSell Lead Facilitator explores this important topic.
Despite challenges in the business for sale marketplace, some of the brokers who make a living by facilitating a deal between buyer and seller are known to stand in the way of a completed transaction because of some outdated ideas. Too bad they put greed ahead of the needs of their clients.
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.
The idea to have a buying a business checklist follows the adage that it's always useful to start with a plan when searching to buy a small business for sale. Peter Siegel, MBA Founder of BizBen.com and top advisor of the BizBen ProBuy Program suggests six items for all business buyers to utilize.
The key to finding the ideal business broker or agent and selling a small business is asking the right questions and getting the right answers back! Peter Siegel, MBA with BizBen & several top business brokers and agents in California (ProIntermediaries) contribute to this topic to assist sellers.
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.
