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
$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
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
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
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
$318,000
Revenue
$868,000
Down
25 to 35 %
Posting: 277293 | Available | 11/6/22
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
$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
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
Call / Email
Revenue
$400,000
Down
$40
Posting: 276672 | Available | 10/4/22
This laundromat was professionally developed 15 years ago. The equipment is all working and in generally good condition considering the age. The laundry shows exceptionally well and is loved by its community. A 20-year lease is available. The market area is heavily Hispanic.
Asking Price
$359,000
Posting: 247664 | Available | 10/4/22
We are looking for Coin Laundries, Laundromats to buy in any condition. We are looking at all price ranges, depending on the condition. Please contact us asap if your laundry meets these requirements.
Cash flow
Call / Email
Revenue
Call / Email
Down
35-40% SBA
Posting: 273265 | Available | 4/6/22
Well-established laundromat in Long Beach at a low price. Big big potential!! There's a new project with many buildings for low-income apartments across the street. The selling reason is the owner's serious health issues. SBA eligible, 30-40% down required.
Asking Price
Call / Email
Cash flow
$550,000
Revenue
Call / Email
Down
$1,500,000
Posting: 272845 | Available | 4/3/22
Professionally designed beautiful laundry with high end brand washer and dryer, upside income potential. High ceiling and all amenities with loyal customers. Inquire only with buyer's financial statement. One of the high volume laundry and high income and professionally designed beautiful laundry.
Asking Price
$5,490,000
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
35%+ SBA
Posting: 268983 | Available | 7/21/21
Best money making laundromat in la. Great visibility and prime location! 8400 sq. ft. free-standing building in a great demographic prime location. This is one of the best laundromats in the area. Great visibility with ample parking and easy in/out access. Low rent and long-term lease for 25 years.
Asking Price
Call / Email
Cash flow
$196,800
Revenue
$480,000
Down
$520,000
Posting: 286461 | Available | 5/14/24
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
$384,000
Revenue
$732,000
Down
N/A
Posting: 286371 | Available | 5/13/24
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
$600,000
Revenue
$1,320,000
Down
$4,000,000
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
Cash flow
$74,533
Revenue
$297,600
Down
Call/Email
Posting: 284691 | Available | 3/23/24
This is an opportunity for first-time buyers to own and operate a laundromat that was fully remodeled in 2019, with all soft mount washers that are highly efficient in utilities. Vend prices are on the low side, with a lot of opportunities to grow the income of the store. Rent is very reasonable.
Asking Price
$385,000
Cash flow
Call or Email
Revenue
Call or Email
Down
35-40% SBA
Posting: 256081 | Available | 10/11/20
Well-established Coin Laundry in a busy location in Buena Park. Busy coin laundry with great visibility in an established area. Located in a shopping center on a prime location with ample parking and easy in and out access. This coin laundry has stable income and regular customers
Asking Price
Call or Email
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
$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
$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
$80,000
Revenue
$372,000
Down
Call/Email
Posting: 286440 | Available | 5/7/24
This is a laundromat located in a densely populated area and it is surrounded with lots of apartment complexes. It is very well established coin laundry with established customer base. It is at a prime location in a busy strip center with plenty of parking.
Asking Price
$250,000
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
$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
$200,000
Revenue
$513,500
Down
$350,000
Posting: 286408 | Available | 5/4/24
This coin & app based laundromat is generates a high adjusted net income of $200,000 per year. It operates from 5:00 am to 1:00 am run by employees, has low rent and spans 2,700 square feet in size. Situated in a hot location with many apartments around, it boasts brand new washers.
Asking Price
1,05 M
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: 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
$37,440
Revenue
$186,432
Down
Call/Email
Posting: 285167 | Available | 2/14/24
This laundromat is located in a populated rental area. This is a super clean laundry with good equipment mix of options that give customers what they want. It has easy in and out access and plenty of parking. This is an excellent starter laundromat!
Asking Price
$168,000
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
Call or Email
Revenue
Call or Email
Down
35~40% SBA
Posting: 252904 | Available | 10/27/20
4000 sq.ft Coin Laundry in a strip mall with great visibility and stable income. Long-term lease for 18yrs. Located in a very densely populated area in a great neighborhood with lots of regular customers. Top-notch equipment. All machines are ~ 6 yrs old.
Asking Price
Call or Email
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
$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
$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
$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
$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
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
$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: 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
$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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286234 | Available | 4/22/24
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
$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
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
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
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
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
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.
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.
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 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.
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.
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.
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.
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.
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.
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.
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.
Owners should keep the fact that they want to sell their small business confidential. Before releasing information to prospective buyers, buyers should commit to confidentiality in writing & should understand why it is important. Peter Siegel, MBA a ProBuy and ProSell Advisor with BizBen explains.
First the dreaded statistic: 80% of all business buyers looking to buy a small business never end up doing so! Peter Siegel, MBA BizBen.com Founder & ProBuy Director) covers successful tactics & strategies all business buyers of small to mid-sized businesses should utilize now to buy a business.
SBA large loan expert and advisor Peter Siegel, MBA (BizBen.com & SBALoanAdvisors.com Founder) shares his views and experience for getting the right SBA loan for larger deals, getting deals professionally prequalified & analyzed, and getting that loan through underwriting with fewer complications!
Many times when buying a business there are reasons why buying stock or buying assets is the better business decision. We explore these options on the BizBen Blog Post of which option may be better depending on the circumstances of the buyer (and seller) involved in the transaction taking place.
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.
