Cash flow
$1,000,000
Revenue
$9,000,000
Down
Call / Email
Posting: 278933 | Available | 3/25/25
Earthwork construction company grading, asphalt paving for renovation & new construction projects, plus asphalt & concrete repairs and maintenance for recurring commercial & public customers. 30 skilled employees with capable non-owner management. Extensive equipment & vehicles. 37-year history.
Asking Price
$4,000,000
Cash flow
$341,797
Revenue
$1,539,648
Down
$800,000
Posting: 287602 | Available | 3/25/25
A well-established custom glass and mirror company specializes in creating custom shower enclosures, mirrors, and glass guardrails. Its clientele primarily consists of general contractors, tile contractors, and retail customers. Solid 2024 YTD performance over prior year.
Asking Price
$800,000
Cash flow
$3,340,000
Revenue
$12,600,000
Down
Call/Email
Posting: 286696 | Available | 3/12/25
Providing quality projects on time and high-quality customer service, the Company has created a path to 'yes' regardless of the task or project. Specializing in commercial, industrial, corporate, and healthcare remodeling and maintenance, the Company has grown into a nationally recognized resour
Asking Price
$8,000,000
Cash flow
$496,423
Revenue
$3,518,401
Down
Call/Email
Posting: 291012 | Available | 3/12/25
Staff-run contractor with seasoned sales and operations leaders in place. Serving the niche mobile home market, they expertly perform repairs and new add-ons, including: decks, patios, patio covers, carports, sunrooms, stairs, windows, and bathroom remodels.
Asking Price
$1,500,000
Cash flow
$266,841
Revenue
$1,902,635
Down
$500,000
Posting: 290512 | Available | 3/11/25
Looking to transform your space? This 30-year-old business specializes in a wide range of services, including home additions, remodels, tenant improvements, service work, outdoor kitchens, and painting. With a strong focus on online marketing and an expansive database.
Asking Price
$500,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 291007 | Available | 3/10/25
Established over 27 years ago, this Company provides services and expertise to the Telecommunication Industry in Concrete and Asphalt Restoration, Directional Drilling, Cable placement, Conduit Installation, Aerial cable installation, General Engineering, Restoration, Coaxial and Fiber Splicing.
Asking Price
$31,000,000
Cash flow
$1,100,908
Revenue
$3,137,343
Down
Call/Email
Posting: 290984 | Available | 3/7/25
Founded in 1983, the company has led construction management and consulting services in Southern California, specializing in the Homeowners' Association (HOA) sector.
Asking Price
N/A
Cash flow
$988,761
Revenue
$12,480,391
Down
$2,500,000
Posting: 290957 | Available | 3/6/25
Established for 35 years, this highly reputable commercial concrete company specializes in structural and site work across Southern California. With a proven record of excellence, this business consistently generates $8M to $12M in annual revenue and serves a diverse client base.
Asking Price
$2,500,000
Cash flow
$3,292,374
Revenue
$14,731,172
Down
$2,000,000
Posting: 290776 | Available | 3/4/25
For sale is a niche construction co., a highly profitable company specializing in servicing life science buildings in Northern California. The seller oversees operations from the office, while employees handle all onsite work. The business has clean financial records.
Asking Price
$12,000,000
Cash flow
$881,795
Revenue
$3,533,889
Down
Call/Email
Posting: 290483 | Available | 2/4/25
An exceptional opportunity to acquire a well-established and highly reputable specialty contractor business. With over 20 years of success, this business has built a strong reputation for expert craftsmanship, precision estimating, and timely project delivery all while maintaining profitability.
Asking Price
$2,495,000
Cash flow
$1,900,000
Revenue
$9,500,000
Down
Call / Email
Posting: 271089 | Available | 2/4/25
Profitable commercial construction general engineering contractor, with recurring Fortune 500 customers, over 50 employees, and extensive equipment and vehicles. In San Francisco Bay Area. Customers consist of major telecommunications and other Fortune 500 companies throughout Northern California.
Asking Price
$8,000,000
Cash flow
$250,000
Revenue
$1,200,000
Down
Call/Email
Posting: 290423 | Available | 1/31/25
The stated figures are based on the 2023 tax return, and the 2024 figures are comparable, if not slightly higher. When it comes to paving services, this company is the clear choice. Established in 1990, it began as a small crew with big aspirations of becoming the leading paving contractor.
Asking Price
$1,100,000
Cash flow
$194,000
Revenue
$545,000
Down
Call/Email
Posting: 288105 | Available | 1/6/25
High Margins! Serving Ventura and Los Angeles County this Residential and Commercial Demolition Company does removal of flooring, walls, kitchens, bathrooms, tenant improvement, roofing tear-offs, concrete saw cutting and breaking, construction site cleanup, and junk removal.
Asking Price
$326,000
Cash flow
$2,122,240
Revenue
$14,528,865
Down
Call/Email
Posting: 289604 | Available | 11/23/24
Our client is a multidisciplinary engineering consulting firm, specializing in mechanical, electrical, and plumbing (MEP) services tailored to the architectural and construction industries. With over 80 years of combined expertise.
Asking Price
$12,000,000
Cash flow
$650,000
Revenue
$2,500,000
Down
$2,375,000
Posting: 289262 | Available | 11/5/24
Underground Utility Contractor with $2.1M in Contract for 2025
Asking Price
$2,375,000
Cash flow
$334,726
Revenue
$4,211,228
Down
$150,000
Posting: 289041 | In Contract | 10/21/24
For sale is a turnkey design and build kitchen and bath cabinetry shop. This highly profitable company includes multiple showrooms and a manufacturing facility. In-house designers collaborate closely with customers, offering modern European designs and premium hardware.
Asking Price
$1,500,000
Cash flow
$153,845
Revenue
$1,742,715
Down
Call/Email
Posting: 288588 | Available | 9/22/24
This Company builds high end, beautiful, custom modern mountain and log homes, complete with design and build services. In addition, this company provides expertise in remodeling all areas of the home (kitchens, bathrooms, basements etc), including roofing specialization, allowing for flexibility.
Asking Price
$850,000
Cash flow
$1,000,000
Revenue
$3,900,000
Down
Call/Email
Posting: 288185 | Available | 8/28/24
One of very few companies providing both insulation and drywall, which is a clear differentiator for obtaining contracts and increasing revenue with local custom builders as well as large scale national builders. We have proudly served homeowners and builders with their drywall and insulation needs.
Asking Price
$3,000,000
Cash flow
$36,402
Revenue
$1,567,197
Down
Call/Email
Posting: 286687 | Available | 5/21/24
This fast-growing construction & remodeling firm is a one-stop full-service construction shop that exhibits exceptional follow-through on all contracts and communication. Their business model centers on a highly tailored and systematized set of tools and processes.
Asking Price
$3,000,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282379 | Available | 5/21/24
For sale is an established and well-regarded home renovation company that currently services over 25 suburbs in the Sacramento area. This is a great opportunity to acquire a profitable, reputable, and experienced home renovation business.
Asking Price
$4,000,000
Cash flow
$80,000
Revenue
$286,184
Down
$135,000
Posting: 273276 | Available | 2/16/24
This specialty maintenance firm has provided post-construction cleaning services to general contractors (60%-70% of the business), architects, and upscale homeowners in the greater Los Angeles area for over 12 years. The majority of the company's business is now recurring and referral based.
Asking Price
$135,000
Cash flow
$95,000
Revenue
$740,000
Down
Call/Email
Posting: 277200 | Available | 8/31/23
We are representing a bespoke, custom home builder that has in many ways been able to separate itself from the competition as being a 1-of-1 within its region. In applying and utilizing leading-edge processes and solutions, the company has created a reputation as highly proficient and specialized.
Asking Price
$185,000
Cash flow
1,000,000 plus
Revenue
Call/Email
Down
Call/Email
Posting: 257529 | Available | 3/14/23
After 25 years of estatablished business sell to retire and focus on real estate development projects. 2023 on track to show over $1,000,000 in owner benifit. Company includes $400K of hard asset, and Land with house for sale or lease/option.
Asking Price
$4,000,000
Cash flow
$1,000,000
Revenue
$9,000,000
Down
Call / Email
Posting: 278933 | Available | 3/25/25
Earthwork construction company grading, asphalt paving for renovation & new construction projects, plus asphalt & concrete repairs and maintenance for recurring commercial & public customers. 30 skilled employees with capable non-owner management. Extensive equipment & vehicles. 37-year history.
Asking Price
$4,000,000
Cash flow
$194,000
Revenue
$545,000
Down
Call/Email
Posting: 288105 | Available | 1/6/25
High Margins! Serving Ventura and Los Angeles County this Residential and Commercial Demolition Company does removal of flooring, walls, kitchens, bathrooms, tenant improvement, roofing tear-offs, concrete saw cutting and breaking, construction site cleanup, and junk removal.
Asking Price
$326,000
Cash flow
1,000,000 plus
Revenue
Call/Email
Down
Call/Email
Posting: 257529 | Available | 3/14/23
After 25 years of estatablished business sell to retire and focus on real estate development projects. 2023 on track to show over $1,000,000 in owner benifit. Company includes $400K of hard asset, and Land with house for sale or lease/option.
Asking Price
$4,000,000
Cash flow
$881,795
Revenue
$3,533,889
Down
Call/Email
Posting: 290483 | Available | 2/4/25
An exceptional opportunity to acquire a well-established and highly reputable specialty contractor business. With over 20 years of success, this business has built a strong reputation for expert craftsmanship, precision estimating, and timely project delivery all while maintaining profitability.
Asking Price
$2,495,000
Cash flow
$250,000
Revenue
$1,200,000
Down
Call/Email
Posting: 290423 | Available | 1/31/25
The stated figures are based on the 2023 tax return, and the 2024 figures are comparable, if not slightly higher. When it comes to paving services, this company is the clear choice. Established in 1990, it began as a small crew with big aspirations of becoming the leading paving contractor.
Asking Price
$1,100,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 291007 | Available | 3/10/25
Established over 27 years ago, this Company provides services and expertise to the Telecommunication Industry in Concrete and Asphalt Restoration, Directional Drilling, Cable placement, Conduit Installation, Aerial cable installation, General Engineering, Restoration, Coaxial and Fiber Splicing.
Asking Price
$31,000,000
Cash flow
$988,761
Revenue
$12,480,391
Down
$2,500,000
Posting: 290957 | Available | 3/6/25
Established for 35 years, this highly reputable commercial concrete company specializes in structural and site work across Southern California. With a proven record of excellence, this business consistently generates $8M to $12M in annual revenue and serves a diverse client base.
Asking Price
$2,500,000
Cash flow
$496,423
Revenue
$3,518,401
Down
Call/Email
Posting: 291012 | Available | 3/12/25
Staff-run contractor with seasoned sales and operations leaders in place. Serving the niche mobile home market, they expertly perform repairs and new add-ons, including: decks, patios, patio covers, carports, sunrooms, stairs, windows, and bathroom remodels.
Asking Price
$1,500,000
Cash flow
$2,122,240
Revenue
$14,528,865
Down
Call/Email
Posting: 289604 | Available | 11/23/24
Our client is a multidisciplinary engineering consulting firm, specializing in mechanical, electrical, and plumbing (MEP) services tailored to the architectural and construction industries. With over 80 years of combined expertise.
Asking Price
$12,000,000
Cash flow
$3,340,000
Revenue
$12,600,000
Down
Call/Email
Posting: 286696 | Available | 3/12/25
Providing quality projects on time and high-quality customer service, the Company has created a path to 'yes' regardless of the task or project. Specializing in commercial, industrial, corporate, and healthcare remodeling and maintenance, the Company has grown into a nationally recognized resour
Asking Price
$8,000,000
Cash flow
$36,402
Revenue
$1,567,197
Down
Call/Email
Posting: 286687 | Available | 5/21/24
This fast-growing construction & remodeling firm is a one-stop full-service construction shop that exhibits exceptional follow-through on all contracts and communication. Their business model centers on a highly tailored and systematized set of tools and processes.
Asking Price
$3,000,000
Cash flow
$95,000
Revenue
$740,000
Down
Call/Email
Posting: 277200 | Available | 8/31/23
We are representing a bespoke, custom home builder that has in many ways been able to separate itself from the competition as being a 1-of-1 within its region. In applying and utilizing leading-edge processes and solutions, the company has created a reputation as highly proficient and specialized.
Asking Price
$185,000
Cash flow
$1,900,000
Revenue
$9,500,000
Down
Call / Email
Posting: 271089 | Available | 2/4/25
Profitable commercial construction general engineering contractor, with recurring Fortune 500 customers, over 50 employees, and extensive equipment and vehicles. In San Francisco Bay Area. Customers consist of major telecommunications and other Fortune 500 companies throughout Northern California.
Asking Price
$8,000,000
Cash flow
$650,000
Revenue
$2,500,000
Down
$2,375,000
Posting: 289262 | Available | 11/5/24
Underground Utility Contractor with $2.1M in Contract for 2025
Asking Price
$2,375,000
Cash flow
$1,000,000
Revenue
$3,900,000
Down
Call/Email
Posting: 288185 | Available | 8/28/24
One of very few companies providing both insulation and drywall, which is a clear differentiator for obtaining contracts and increasing revenue with local custom builders as well as large scale national builders. We have proudly served homeowners and builders with their drywall and insulation needs.
Asking Price
$3,000,000
Cash flow
$80,000
Revenue
$286,184
Down
$135,000
Posting: 273276 | Available | 2/16/24
This specialty maintenance firm has provided post-construction cleaning services to general contractors (60%-70% of the business), architects, and upscale homeowners in the greater Los Angeles area for over 12 years. The majority of the company's business is now recurring and referral based.
Asking Price
$135,000
Cash flow
$1,100,908
Revenue
$3,137,343
Down
Call/Email
Posting: 290984 | Available | 3/7/25
Founded in 1983, the company has led construction management and consulting services in Southern California, specializing in the Homeowners' Association (HOA) sector.
Asking Price
N/A
Cash flow
$3,292,374
Revenue
$14,731,172
Down
$2,000,000
Posting: 290776 | Available | 3/4/25
For sale is a niche construction co., a highly profitable company specializing in servicing life science buildings in Northern California. The seller oversees operations from the office, while employees handle all onsite work. The business has clean financial records.
Asking Price
$12,000,000
Cash flow
$266,841
Revenue
$1,902,635
Down
$500,000
Posting: 290512 | Available | 3/11/25
Looking to transform your space? This 30-year-old business specializes in a wide range of services, including home additions, remodels, tenant improvements, service work, outdoor kitchens, and painting. With a strong focus on online marketing and an expansive database.
Asking Price
$500,000
Cash flow
$341,797
Revenue
$1,539,648
Down
$800,000
Posting: 287602 | Available | 3/25/25
A well-established custom glass and mirror company specializes in creating custom shower enclosures, mirrors, and glass guardrails. Its clientele primarily consists of general contractors, tile contractors, and retail customers. Solid 2024 YTD performance over prior year.
Asking Price
$800,000
Cash flow
$334,726
Revenue
$4,211,228
Down
$150,000
Posting: 289041 | In Contract | 10/21/24
For sale is a turnkey design and build kitchen and bath cabinetry shop. This highly profitable company includes multiple showrooms and a manufacturing facility. In-house designers collaborate closely with customers, offering modern European designs and premium hardware.
Asking Price
$1,500,000
Cash flow
$153,845
Revenue
$1,742,715
Down
Call/Email
Posting: 288588 | Available | 9/22/24
This Company builds high end, beautiful, custom modern mountain and log homes, complete with design and build services. In addition, this company provides expertise in remodeling all areas of the home (kitchens, bathrooms, basements etc), including roofing specialization, allowing for flexibility.
Asking Price
$850,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282379 | Available | 5/21/24
For sale is an established and well-regarded home renovation company that currently services over 25 suburbs in the Sacramento area. This is a great opportunity to acquire a profitable, reputable, and experienced home renovation business.
Asking Price
$4,000,000
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
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
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
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
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
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
One avenue that has consistently shown promise and potential for budding entrepreneurs is the world of franchise businesses. Buying a franchise business offers individuals an opportunity to step into a proven business model, benefiting from an established brand, operational framework, and support.
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 business can be a life-changing event that can make you your own boss, rather than making money for others, you make it for yourself and your family. However, it's crucial to approach it with caution, excitement, and thoroughness.
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.
.jpg?ver=1742879402)
Buying a business is a big step for an entrepreneur to take. This is why utilizing the right business buying services is crucial as you go about your process. In this article, we will break down each service, what they are for, and why they are essential to your buying process.
.jpg?ver=1742793001)
Seller financing is an arrangement where the seller of a business provides a loan to the buyer to cover part of the purchase price. Instead of relying solely on traditional lenders such as banks, the seller be comes the lender, and the buyer pays in installments, typically with interest, over a...
.jpg?ver=1742793001?ver=1742706601)
Whether you are just jumping into the business world or have already been dealing with businesses, buying a business requires pre-planning and a strategic approach. Buying the right small business requires a lot of industry research and planning. Particularly if you are new to entrepreneurship...
Are you thinking about buying a business but not sure where to start? You're not alone! Buying a business can seem overwhelming, but with the right steps, you can make the process smooth and successful. In this guide, we'll break down how buying a business works, step by step. Let's dive in!
Although purchasing an established company can be a thrilling and lucrative opportunity, it also requires extensive planning and research. This guide will walk you through what to consider when buying a business, from the first steps of identifying the right type of business to the final stages of s
Cash flow is a great estimate of the sources and uses of cash. Essentially it measures the money flowing into and out of a business, serving a business's financial lifeblood, and indicates whether income exceeds expenses. Positive cash flow, where more money is coming in than going out, is a good s
Are you ready to sell your business, but need help in marketing a business listing to possible buyers? Since 90% of buyers want to buy a business online, take advantage of the chance that digital marketing offers to sell your company quickly.
Buying a business is an exciting alternative to starting from scratch. It lets you skip some of the challenges of building a startup from scratch, like building a customer base or creating a product, and instead jump into a company that's already up and running. But buying a business involves...
Buying a business can be one of the biggest decisions you'll make. To avoid costly mistakes, you need to know the right questions to ask. Asking the right questions will make sure you are making the right deal. Moreover, you will get detailed knowledge about how the business has performed in the...
Often business buyers actions cause a deal to tank but they never know why. Peter Siegel with the BizBen ProBuy Program discusses what mistakes business buyers make in the search process to buy a business with some of the best business brokers and recent sellers on BizBen about this topic.
Business valuation is crucial when selling or buying a business for several reasons: informed decision-making, strategic planning for growth, and due diligence. Every business owner has goals for growth and success, which is why knowing the value of your business is so important. Understanding your
In my opinion and experience, an LOI may very well be appropriate for lower middle market transactions of $5,000,000 or more; but, for deals less than that an Asset Purchase Agreement ("APA") with contingencies on the actions of the buyer (and seller) is much more efficient and effective.
Some entrepreneurs believe it's better to start a business from scratch rather than buy an existing enterprise. While this may be good advice in some cases, usually it's not the best strategy. Here are five tips to help a buyer make the right decision from Peter Siegel, MBA On BizBen.
First impressions are critical when selling a business - ask any potential business buyer. Peter Siegel, Founder Of BizBen explains why all potential small business sellers need to make sure that first impression is a good one.
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.
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!
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.
When seeking large SBA business acquisition financing loans, it helps to review seller's add backs (cash flow analysis) as a source of funding to service the debt. Peter Siegel, MBA - SBALoanAdvisors.com Founder covers this specific topic for business buyers, owner/sellers, agents, business brokers.
In my experience working with the "right banks and financial institutions" repayment ability sometimes overrules collateral pledged by someone needing financing for a business purchase or a down payment. Peter Siegel, MBA - BizBen's ProBuy, ProSell Lead Facilitator explores this important topic.
Should owners who offer a business for sale reveal to prospective buyers any income that is not recorded in the books? This is a controversial topic with arguments both for and against. Most business sales intermediaries believe if you don't pay tax on it, you can't claim it. Some sellers disagree.
Most business acquisition financing strategies involve borrowing money to meet the purchase price. But an entirely different approach, equity sharing, is sometimes pursued if borrowed money is not wanted, or is not available to complete the purchase. Peter Siegel, MBA - BizBen.com covers this topic.
Buying a small to mid-sized business can be a confusing and/or frustrating process for many buyers. Statistics show that over 80% of all buyers never end up buying a business. The ProBuy Program assists potential buyers with the process of finding, evaluating & buying a small to mid-sized business.
Peter Siegel, MBA discusses buyers who want to buy a business or franchise know about asking the seller to provide part of the financing with a carry-back note. Many business buyers need some cash to help fund the down payment and for working capital. Here are four ideas about how to get that money.
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.
