Cash flow
$296,062
Revenue
$3,276,463
Down
Call/Email
Posting: 286276 | Available | 4/26/24
This acquisition opportunity is for a well-established, highly reputable, 29-year Customized Data Server and System Design & Assembly company, located at the center of Silicon Valley.
Asking Price
$1,050,000
Cash flow
N/A
Revenue
N/A
Down
$149,000
Posting: 279725 | Available | 4/23/24
For sale is a Delaware C-Corp with $a 4M carry over opportunity. It has proven milling technology for enhanced recovery of precious metals (gold, silver, platinum) and a C-Corporation with $4 million loss carry forward.
Asking Price
$149,000
Cash flow
$4,600,000
Revenue
$7,000,000
Down
Call/Email
Posting: 282553 | Available | 4/22/24
With the ever-increasing demand for internet speed and connectivity, there is a race taking place among the major ISP's within the more densely populated metropolitan areas in unrolling ultra high-speed and ultra-wide band internet connectivity.
Asking Price
$35,000,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286209 | Available | 4/19/24
Project Circuit is a comprehensive electronics circuit board manufacturer located in Southern California. Established by its current owner, the company has been in continuous operation since its founding, dedicated to delivering quality finished products crafted in the USA.
Asking Price
Call/Email
Cash flow
Call/Email
Revenue
Call/Email
Down
$240,000
Posting: 286155 | Available | 4/16/24
iCode, a national computer science education franchise offering after-school and summer programs, equips children with the skills and knowledge to compete in today's technological environment.
Asking Price
$300,000
Cash flow
$117,000
Revenue
$317,000
Down
Call/Email
Posting: 286134 | Available | 4/15/24
Long-term clients with some recent additions make this MSP attractive. Software licenses, full office setup, and all business tools to be transferred with the company. All clients are expected to remain after the sale.
Asking Price
$350,000
Cash flow
$1,200,000
Revenue
$10,000,000
Down
Call/Email
Posting: 286121 | Available | 4/14/24
ProNova Partners is pleased to present a unique IT Services group for sale. The company operates under three distinct legal entities with operations in North America, Europe, and Asia. Interested Parties are encouraged to submit bids before the June 1, 2024 cutoff date.
Asking Price
$5,000,000
Cash flow
$70,000
Revenue
$450,000
Down
$175,000
Posting: 283031 | Available | 4/11/24
This national cell phone and computer repair franchise is a California C Corporation that has been in operation for the past 11 years under the ownership of the founder. Located in a centralized shopping center in Northern California, they specialize in repair services for phones and computers.
Asking Price
$175,000
Cash flow
$100,000
Revenue
$400,000
Down
$100,000
Posting: 286096 | Available | 4/11/24
ProTech is a one stop shop to handle all technology needs. It has been 11+ years in business! It serves Monterey, Santa Cruz, and Santa Clara counties. Our expertise is the design integration, installation and audio/video service.
Asking Price
$400,000
Cash flow
$2,500,000
Revenue
$8,000,000
Down
Call/Email
Posting: 277697 | Available | 4/5/24
This company offers custom software solutions and outstanding digital marketing services to reputable clients across the globe. It is quite possibly the perfect business profile given the current economic climate.
Asking Price
$15,000,000
Cash flow
$1,320,000
Revenue
$1,440,000
Down
Call/Email
Posting: 285919 | Available | 4/4/24
Our client is a managed services provider, located in one of the most desirable locations in the United States. They focus on voice and data solutions, cloud services (including cloud web hosting), domain registration/management, and IP camera security. Their services include cloud-based circuit.
Asking Price
$4,875,000
Cash flow
$468,000
Revenue
$837,750
Down
Call/Email
Posting: 285921 | Available | 4/1/24
The Company provides a leading suite of software and service solutions to support healthcare providers. Products and services included are Patient Assistance Program for Prescription Drugs Software (PAP), 'onshore' based Medical Billing, Credentialing, Collections and Denial Management Services,
Asking Price
$3,000,000
Cash flow
$200,000
Revenue
Call/Email
Down
Call/Email
Posting: 274297 | Available | 4/1/24
For sale is a phone repair shop in the Fishermen's Wharf area. The price has been reduced. The size is 670 sq. ft and the rent is $10,000. It is a semi-absentee owner business and the owner manages and orders products. There are two employees. The monthly gross is $60,000.
Asking Price
$475,000
Cash flow
$502,226
Revenue
$1,348,340
Down
$750,000
Posting: 282362 | Available | 4/1/24
Step into the realm of innovation through a unique opportunity presented by a distinguished 20-year custom software development company. Boasting a legacy of patented seamless app tech, this venture awaits at a price of $1.25M, with a seller financing option of $500K.
Asking Price
$1,250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285892 | Available | 3/28/24
Situated in a highly sought-after area, this imaging center benefits from high visibility and accessibility, ensuring a steady flow of clientele. Enjoy the advantage of a low lease cost at just $4990, all-inclusive. This favorable lease agreement contributes to excellent profit margins.
Asking Price
$380,000
Cash flow
$751,107
Revenue
$2,281,386
Down
$3,000,000
Posting: 282785 | Available | 3/22/24
The business essentially created the popular niche for the premium products they create and sell. Started in 2017, all remote, loyal customer base, excellent reviews, 26 product SKUs, with more on deck. Seller works approximately 10 hours/week overseeing operations
Asking Price
$3,200,000
Cash flow
$606,702
Revenue
$1,500,000
Down
Call/Email
Posting: 283579 | Available | 2/13/24
Become the new owner of this premier IT service company and lead it to even greater success. This well-established company has been in business for several decades. The company provides top-tier professionally managed IT and computer security services to businesses of all sizes.
Asking Price
$1,785,000
Cash flow
Call/Email
Revenue
$2,237,001
Down
Call/Email
Posting: 285129 | Available | 2/13/24
Our client has developed software that allows for third-party drivers to act as an ending delivery service. Our client began their development in 2018 and have since then developed into a market-tested SaaS. It works as a mediator between parts sellers and part purchasers digitally.
Asking Price
$875,000
Cash flow
$148,048
Revenue
$229,642
Down
Call/Email
Posting: 285116 | Available | 2/12/24
Unlock the full potential of your entrepreneurial spirit with the acquisition of this cutting-edge Software as a Service (SaaS) technology solution tailored for the healthcare industry. Enjoy the advantage of exceptionally low operating costs with a small, motivated team.
Asking Price
$550,000
Cash flow
$572,233
Revenue
$1,360,754
Down
Call/Email
Posting: 282478 | Available | 1/28/24
This is an opportunity to acquire a custom software development company that was awarded a patent on their process for creating multi-platform, self-service applications for customers of utilities, telecom, & other businesses with a large customer base. They have 20+ yrs of long-term relationships.
Asking Price
$1,200,000
Cash flow
$71,220
Revenue
$205,165
Down
$10,000
Posting: 283615 | Available | 1/18/24
This is extraordinary, turnkey chance awaits you with the availability of a flourishing cellphone and computer repair store strategically located in Riverside County. This business has established a solid reputation for delivering high-quality repair services. Currently catering to all major brands.
Asking Price
$69,000
Cash flow
$160,000
Revenue
$400,000
Down
Call/Email
Posting: 284221 | Available | 1/15/24
Seize this rare opportunity to own a turnkey, highly profitable cell phone repair & sales business. Strategically located in a bustling regional shopping center, this established venture boasts a 12-year track record and a loyal customer base, validated by stellar online reviews.
Asking Price
$299,888
Cash flow
$166,908
Revenue
$480,782
Down
Call/Email
Posting: 284149 | Available | 12/4/23
This is a profitable, 30 Year old Screenmobile franchise. The innovative truck-and-trailer model allows them to keep overhead expenses low and profit margins high. The company specializes in mobile screen sales, installation and repairs. This business opportunity is SBA Pre-Approved.
Asking Price
$350,000
Cash flow
$10,700
Revenue
$33,495
Down
Call
Posting: 275861 | Available | 11/16/23
This profitable business is offering software designed to manage projects in both high-level software and smaller, non-software project arenas. The software greatly enhances overall control of very high-level software development projects. Also designed for development of general-purpose projects.
Asking Price
$250,000
Cash flow
$1,564,000
Revenue
$3,330,000
Down
Call/Email
Posting: 283218 | Available | 11/16/23
Boasting a high recurring revenue profile and multi-year contracts, this mission critical communications firm provides best of breed comm's solutions primarily to nuclear power companies and state agencies. Over the past four decades the company has been a technology leader.
Asking Price
$10,000,000
Cash flow
$154,200
Revenue
$493,440
Down
$175,000
Posting: 281698 | Available | 11/4/23
For sale is a Metro by T Mobile store. It is one of the top 5 busiest throughout the 84 stores. About 3 years ago, there were 1,500 walk-in payment center customers a month. They get over $2.3 to $2.6 million in revenue including payment center activity. It has very high traffic.
Asking Price
$175,000
Cash flow
$3,594
Revenue
$12,949
Down
CALL
Posting: 283446 | Available | 10/18/23
Our client has an AI-driven web-based software that turbocharges the hiring processes. It also keeps hiring locally with job posters or ads attracting nearby talent to area employers posting job openings. Our client's app is user-friendly, fast, and easy for employers and potential employees.
Asking Price
$150,000
Cash flow
$52,492
Revenue
Call/Email
Down
Call/Email
Posting: 283423 | Available | 10/17/23
Our client's website is a directory and search engine that helps people find and compare open-source projects to use in building software. The website helps software engineers find the right open-source project to solve their problems.
Asking Price
$425,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$240,000
Posting: 286155 | Available | 4/16/24
iCode, a national computer science education franchise offering after-school and summer programs, equips children with the skills and knowledge to compete in today's technological environment.
Asking Price
$300,000
Cash flow
$636,304
Revenue
$898,964
Down
Call/Email
Posting: 281750 | Available | 7/22/23
100% of the reported gross income for this business is recurring revenue from SAAS products! This very profitable distribution company bills itself as a Technology Strategy & Advisory practice helping its customers to build exceptional business value from technology.
Asking Price
$2,300,000
Cash flow
$200,000
Revenue
Call/Email
Down
Call/Email
Posting: 274297 | Available | 4/1/24
For sale is a phone repair shop in the Fishermen's Wharf area. The price has been reduced. The size is 670 sq. ft and the rent is $10,000. It is a semi-absentee owner business and the owner manages and orders products. There are two employees. The monthly gross is $60,000.
Asking Price
$475,000
Cash flow
$502,226
Revenue
$1,348,340
Down
$750,000
Posting: 282362 | Available | 4/1/24
Step into the realm of innovation through a unique opportunity presented by a distinguished 20-year custom software development company. Boasting a legacy of patented seamless app tech, this venture awaits at a price of $1.25M, with a seller financing option of $500K.
Asking Price
$1,250,000
Cash flow
$572,233
Revenue
$1,360,754
Down
Call/Email
Posting: 282478 | Available | 1/28/24
This is an opportunity to acquire a custom software development company that was awarded a patent on their process for creating multi-platform, self-service applications for customers of utilities, telecom, & other businesses with a large customer base. They have 20+ yrs of long-term relationships.
Asking Price
$1,200,000
Cash flow
$820,385
Revenue
$1,534,719
Down
Call / Email
Posting: 273978 | Available | 9/13/22
Exceptional turnkey opportunity to own a lifestyle/leisure business in the golf world. Golf nuts around the country have increased the # of rounds during and coming out of the Covid pandemic, and this business has enjoyed great growth prior to, during, and coming out of the Covid pandemic,
Asking Price
Call / Email
Cash flow
$6,750
Revenue
$29,700
Down
Call
Posting: 273249 | Available | 6/23/22
Our client has an innovative blockchain platform that operates as a digital marketplace where users can create coins and smart contracts to trade assets, goods, and services using a digitally encrypted, peer-to-peer blockchain exchange system. With our client's platform, users can create, transact
Asking Price
$250,000
Cash flow
$4,000,000
Revenue
$4,950,000
Down
Call / Email
Posting: 260179 | Available | 7/7/22
The Company is a direct, high end, national provider of planning solutions that uses proprietary high-speed data technology, service, and integrity to simplify the complex world of business, financial, and risk management planning. The technology is designed to pinpoint optimal plan design results.
Asking Price
Call / Email
Cash flow
$606,702
Revenue
$1,500,000
Down
Call/Email
Posting: 283579 | Available | 2/13/24
Become the new owner of this premier IT service company and lead it to even greater success. This well-established company has been in business for several decades. The company provides top-tier professionally managed IT and computer security services to businesses of all sizes.
Asking Price
$1,785,000
Cash flow
$751,107
Revenue
$2,281,386
Down
$3,000,000
Posting: 282785 | Available | 3/22/24
The business essentially created the popular niche for the premium products they create and sell. Started in 2017, all remote, loyal customer base, excellent reviews, 26 product SKUs, with more on deck. Seller works approximately 10 hours/week overseeing operations
Asking Price
$3,200,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285892 | Available | 3/28/24
Situated in a highly sought-after area, this imaging center benefits from high visibility and accessibility, ensuring a steady flow of clientele. Enjoy the advantage of a low lease cost at just $4990, all-inclusive. This favorable lease agreement contributes to excellent profit margins.
Asking Price
$380,000
Cash flow
Call / Email
Revenue
$517,548
Down
Call / Email
Posting: 272708 | Available | 3/4/22
Our client developed and operates a multi-market high-demand system capable of identifying criminal subjects in seconds. Access to the cloud-based software is subscription-based with packages ranging from $35,000 to $300,000 annually. The system generates recurring revenue from major retailers.
Asking Price
$5,000,000
Cash flow
$271,566
Revenue
$307,261
Down
$1,970,000
Posting: 282378 | Available | 8/24/23
This software company provides standardized surveys, analytics, and industry benchmarks for one specific industry however there is a tremendous opportunity for growth by using this software platform in many other industries.
Asking Price
$1,970,000
Cash flow
$100,000
Revenue
$400,000
Down
$100,000
Posting: 286096 | Available | 4/11/24
ProTech is a one stop shop to handle all technology needs. It has been 11+ years in business! It serves Monterey, Santa Cruz, and Santa Clara counties. Our expertise is the design integration, installation and audio/video service.
Asking Price
$400,000
Cash flow
$1,200,000
Revenue
$10,000,000
Down
Call/Email
Posting: 286121 | Available | 4/14/24
ProNova Partners is pleased to present a unique IT Services group for sale. The company operates under three distinct legal entities with operations in North America, Europe, and Asia. Interested Parties are encouraged to submit bids before the June 1, 2024 cutoff date.
Asking Price
$5,000,000
Cash flow
$9,280
Revenue
$1,595,000
Down
Call / Email
Posting: 275838 | Available | 9/11/22
World leader in iris recognition tech with large USA production capacity. Multinational with robust record of selling tech products worldwide. Clients include UN, US Dept. of Homeland Security, Navy, Marines, govts. of India, Philippines, Kenya, and Northrop Grumman, InCadence and numerous others.
Asking Price
Call / Email
Cash flow
$14,200
Revenue
$36,900
Down
Call
Posting: 273281 | Available | 5/6/22
Our client offers a NFT fantasy franchise sports platform, built on blockchain technology, that introduces true in-game ownership of franchises, teams, and players through the use of NFTs (Non-Fungible Tokens). Unique to our client, customers will own their franchise and their players indefinitely,
Asking Price
Call
Cash flow
$10,700
Revenue
$33,495
Down
Call
Posting: 275861 | Available | 11/16/23
This profitable business is offering software designed to manage projects in both high-level software and smaller, non-software project arenas. The software greatly enhances overall control of very high-level software development projects. Also designed for development of general-purpose projects.
Asking Price
$250,000
Cash flow
$3,594
Revenue
$12,949
Down
CALL
Posting: 283446 | Available | 10/18/23
Our client has an AI-driven web-based software that turbocharges the hiring processes. It also keeps hiring locally with job posters or ads attracting nearby talent to area employers posting job openings. Our client's app is user-friendly, fast, and easy for employers and potential employees.
Asking Price
$150,000
Cash flow
$1,970,838
Revenue
$2,738,419
Down
Call/Email
Posting: 281975 | Available | 9/1/23
Our client is a unified real estate property cloud-based software technology. The seller is the inventor of a patented lock/unlock, video access and building management platform. Our client is currently live in 170+ buildings nationwide, primarily in NY and NJ.
Asking Price
$10,000,000
Cash flow
$4,000,000
Revenue
$12,000,000
Down
Call / Email
Posting: 275498 | Available | 9/13/22
Founded in 2008, the Company is a custom software development company that designs, builds, and maintains mobile and web app designs for their clients. They build innovative digital products that put the user first across a multitude of different industries including healthcare, hospitality, etc.
Asking Price
$20,000,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286209 | Available | 4/19/24
Project Circuit is a comprehensive electronics circuit board manufacturer located in Southern California. Established by its current owner, the company has been in continuous operation since its founding, dedicated to delivering quality finished products crafted in the USA.
Asking Price
Call/Email
Cash flow
$1,564,000
Revenue
$3,330,000
Down
Call/Email
Posting: 283218 | Available | 11/16/23
Boasting a high recurring revenue profile and multi-year contracts, this mission critical communications firm provides best of breed comm's solutions primarily to nuclear power companies and state agencies. Over the past four decades the company has been a technology leader.
Asking Price
$10,000,000
Cash flow
$1,100,000
Revenue
$2,300,000
Down
CALL
Posting: 278265 | Available | 1/13/23
As technology has become and will continue to become a driving factor within economies worldwide, the marketplace for Value Added Resellers (VARs) is growing at an astounding rate with an expected CAGR of 10% Year-over-Year through the year 2028.
Asking Price
Call / Email
Cash flow
$350,000
Revenue
$985,000
Down
Call / Email
Posting: 277822 | Available | 12/13/22
Our client is offering a patented Intellectual Property to manage real-time vital signs of at-risk patients and to provide them to physicians, nurses, and other primary care providers in underserved rural and urban communities.
Asking Price
Call / Email
Cash flow
$52,492
Revenue
Call/Email
Down
Call/Email
Posting: 283423 | Available | 10/17/23
Our client's website is a directory and search engine that helps people find and compare open-source projects to use in building software. The website helps software engineers find the right open-source project to solve their problems.
Asking Price
$425,000
Cash flow
$245,000
Revenue
$500,000
Down
Call / Email
Posting: 275026 | Available | 11/8/22
This Los Angeles County retail electronics business has a storied 37- year history. Back when LP Vinyl records and cassette tapes were still king, this industry leader was already thriving. They specialize in the sales, servicing, rentals, and installation of pro-audio equipment.
Asking Price
$299,000
Cash flow
$170,000
Revenue
$890,000
Down
Call/Email
Posting: 279769 | In Contract | 8/22/23
Established in 1987, this communications company specializes in 2-way radios with a niche market in sales, installations, and repair. They are also an established manufacturer warranty repair center for its brands. They provide services to school districts, hospitals, ambulance companies, and more.
Asking Price
$280,000
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
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
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
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
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
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
In an advanced, technologically savvy era, virtually anything can be done, purchased or explored via cyberspace. As the market continues to expand and flourish, eCommerce owners can continue to reap in the selling of their online businesses. Peter Siegel, MBA (BizBen Director) explores this topic.
When buying an eCommerce business several factors come into play: market position, competition, growth areas, recurring customer base factors and ratios, etc. On this BizBen blog post Peter Siegel, MBA (BizBen Director, Financing Expert) addresses some of these eCommerce factors for business buyers.
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.
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.
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.
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.
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...
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!
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.
A business buyer in our ProBuy Program searching to buy a business asked me to sum up what I though the biggest mistakes business buyers make when they search for and bought a small business. I asked ProIntermediaries on BizBen their thoughts on the matter and received a diverse response.
It is not uncommon for business Owner/Sellers to get uncomfortable when a potential Buyer requires a SBA loan to purchase the Seller's business. Often times Owner/Sellers will say "the Buyer is the one getting the loan; why am I the one under the microscope?" This blog post addresses this topic.
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.
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.
Most owners know that when choosing a broker to help sell your business, it's good to find out about his or her background and maybe get some references of people who've worked with the professional. Before signing a listing agreement, it helps to know these extra things about the business broker.
With the economy in growth mode, many owners of small companies who are ready to retire or invest in another enterprise would be smart to offer their business for sale. But some insist on hanging on as owner just a little bit longer. And that might be a mistake. Three reasons people make this error.
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.
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.
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.
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.
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.
Peter Siegel, MBA - BizBen.com & SBALoanAdvisors.com Founder discusses the difference between a hands on owner and an absentee owner. It covers why someone would want to be an absentee owner and then goes on to discuss the pros and cons of buying an absentee run small to mid-sized business.
Peter Siegel, MBA - Lead Advisor with the BizBen.com ProSell Program discusses critical steps to prepare a small to mid-sized business including: which documents will be needed, key advisors to have involved, pricing the business, and how to attract the right business buyers to your listing.
For those who don't know, a non-compete agreement is a contract between a buyer and seller of a business, which after the sale, prohibits the seller from engaging in direct competition with the business they previously sold. Joe Ranieri (Business Broker) adds this topic to a BizBen Discussion Post.
In our BizBen.com June 2021 Monthly Report the top ProIntermediaries and ProAdvisors on BizBen offer their thoughts about the current status of the business for sale marketplace with trends and predictions for Business Buyers, Owner/Sellers, Business Brokers, Agents, Advisors in the near future.
Sometimes business brokers just can't win with their clients, because if an offer comes in too fast & too early then they must have lowballed the price & the seller is suspicious, and if not enough offers come in after putting the business on the market - they may look unproductive to their clients.
As the year winds down, it's tempting for business brokers to go through their old files and throw them out to make room for new client's folders, but that would be foolish. Joe Ranieri (Orange County Business broker) discusses strategies for saving files - a key annual strategy for brokers/agents.
When seeking SBA loan financing many potential business buyers have wrong information about the process of securing the best financing to buy a business. Peter Siegel, MBA a business purchase financing expert delves into the myths regarding SBA financing and business purchase financing.
We're hearing more and more about "crowd funding" through sites like gofundme and kickstarter as a possible way to raise the cash needed to buy a small business. This method of collecting funds has proven successful in other kinds of situations. Could this strategy work when buying a small business?
We all understand the idea of paying too much for a small business. But is there such a thing as not paying enough? That seems like an odd notion, but I'm familiar with situations in which a buyer acquired a small business for a figure substantially under what probably was market value.
Buying a small business is hard enough when there is no competition, so how might a buyer navigate the process when there is additional competition from other buyers? Peter Siegel, MBA (BizBen ProBuy Program) and others explain a few of the ways that a buyer can beat out other buyers.
When purchasing a small to mid-szied business, there are a multitude of things to evaluate. One area that is often overlooked is the business's culture. Peter Siegel, MBA with BizBen discusses with potential buyers the importance of understanding how the business runs on a day-to-day basis.
Negotiating the terms of a business deal is a delicate process, where one wrong move can cost you the business that you wanted to purchase. Peter Siegel, MBA (BizBen ProBuy Program) discusses the ins and outs of negotiations, and how to work well with the seller to get a deal done.
It's important to remember that selling a business takes time. Unlike selling a house, which can be sold relatively fast, a business can take up to six months to a year to sell. I discuss this topic with other advisors and intermediaries on this BizBen Discussion.
There are a lot of misconceptions about what enhances the value of a business. The following factors in this Discussion are aspects of a business that really drives its value and pricing. A business owner asked me this question today so I wanted to get others view points as well in this Discussion.
It can take months, sometimes longer to sell a small business. Here are 6 questions plus other information from myself plus other BizBen Users to ask yourself to help you determine why your small to mid-sized California business isn't selling. You might be surprised what those reasons are!
Should I Sell My Business During The Holidays Or Wait Till After The New Year? Business Broker Joe Ranieri and others chime in on this BizBen Discussion about selling a business during the Holiday Season.
Applying for a business acquisition loan can be challenging for someone who hasn't been through that process in the past. If one has a mortgage one knows that the value of the property being pledged has to at least equal the amount of the loan, SBA loans to buy a small business are very different.
Yes, there are ways to find businesses with growth potential that can be purchased with modest investments. But before offering any ideas about finding cheap businesses, it's important to review some of the risks involved. Peter Siegel (BizBen ProBuy Program) discusses this topic with others.
At What Point Do You Show Key Marketing Info And Materials To Buyers? Robb Hartman, Business Broker at BizBen discusses this topic with others on this BizBen Discussion.
Business buyers many times ask in my ProBuy consulting sessions - how long should I ask for due-diligence when buying a small business? The answer really depends on several factors. They include: type of business, demand for the business, complexity of the business. Advisors weigh in on this topic.
The owner selling the business doesn't have recent financial information or documentation but insists revenues are increasing. Should buyers believe the seller? What should buyers do in this situation? ProIntermediaries on BizBen answer the question of verifying seller / owner's financial claims.
When considering buying a business that is losing money one has to be very careful. There are reasons that the business could be losing money that aren't fatal or extremely difficult to fix and there are other reasons that should send you running in the other direction. Peter Siegel, MBA explains.
Asking the seller straightforward questions and getting straightforward answers in return is an important part of the buying and due diligence process. In this Discussion, both ProIntermediaries and Advisors offer thorough questions you should be asking during your meeting with a business seller.
Valuing a small business is not guess work. It's not what some other businesses of the same type may have or may not have been sold for, it's not even what a business owner "feels" they want or deserve. It is a formula based on many factors. Peter Siegel, MBA from BizBen & others discuss this topic.
