Cash flow
Break Even
Revenue
$396,000
Down
Cash
Posting: 276887 | Available | 11/14/22
This beer and wine market is located in a nice neighborhood. Plenty of front parking. The current owner has another job and cannot run this business. Used to be a Circle K location. Employee run, absentee owner. Reasonable asking price. Monthly gross: $33,000.
Asking Price
$85,000
Cash flow
Call / Email
Revenue
Call / Email
Down
$35
Posting: 277252 | Available | 11/3/22
For sale is a major brand gas station and snack shop located in an upscale neighborhood that is absentee-run. Gas is 75K gallons per month @0.70 and the snack shop brings in $15K per month. The rent is $16,500 with a lease term of 10 years + two 5-year options. The seller may be willing to carry.
Asking Price
$995,000
Cash flow
$180,000
Revenue
$1,920,000
Down
Ask
Posting: 276833 | Available | 11/2/22
7-Eleven is one of the world's biggest and the most popular retail chains of convenience stores and 7-Eleven's top priority has always been to give customers the most convenient experiences possible to consistently meet their needs. 7-Even aims to be a one-stop shop for consumers
Asking Price
$420,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 269860 | Available | 9/1/22
Rare opportunity. High-volume liquor store with real estate. Store Sales: $120k-$150k monthly sales. $16-$20k a month net profit from lottery alone. $4k-$5k a week in lottery commission alone (rates #6 in the whole of California). Small studio apartment in the back (not permitted).
Asking Price
$3,300,000
Cash flow
Call / Email
Revenue
Call / Email
Down
20-25% Min
Posting: 272167 | Available | 2/22/22
Major Brand Gas Station with Property for Sale. High Volume & high gross profit Margin business. Well established business showing consistent sales revenue history & generating high profit margin. Please make a note while visiting location.
Asking Price
$7,500,000
Cash flow
Call / Email
Revenue
Call / Email
Down
All Cash
Posting: 270914 | Available | 1/18/22
Liquor store business opportunity for Sale in Fresno City. Business doing currently $70,000 per month average sales. Rent is $3200 per month, Long Lease. ASKING PRICE $439,000 plus inventory. Sign NDA to get additional info.
Asking Price
439,000+ Inv
Cash flow
Call / Email
Revenue
Call / Email
Down
$30
Posting: 269568 | Available | 8/30/21
Gas and Franchised C-Store for sale in Alameda County, CA. Owner Absentee. Located on a busy commercial street. Lot Size 13-14K SF, Building 2K sq. ft. Fuel Gallons 40-50K Gals/mth @ .80, Franchised C-Store $150K/Mth (no ABC License), EMV Compliant, 24/7 Operation.
Asking Price
$6,400,000
Cash flow
Call / Email
Revenue
Call / Email
Down
$1,200,000
Posting: 265656 | Available | 12/17/20
Branded station both fuel and market. Beautiful, clean and well run station. Absentee run business with all automated financial setup. Including back office service for access of sales report anytime remotely. NDA is required for financial viewing. 8 MPD, recent upgrades with double wall tanks.
Asking Price
$1,588,888
Cash flow
$60,000
Revenue
$360,000
Down
Cash/Submt
Posting: 183032 | Available | 10/24/20
A small convenience store (800 sf) well located on first floor major items regional mall in a booming north San Diego county coastal. Store sells high profit items i. e. Candies soft drinks cigarettes, ice cream bars lotto, and many sundry items.
Asking Price
$150,000
Cash flow
$250,000
Revenue
Call
Down
$35
Posting: 252045 | Available | 10/18/20
Major Brand Gas Station with a Franchise C-Store, Gas 60K Gal/Mth @ .55, Market $65K-$70K/Mth plus Lotto/Lottery, Rent $10K/Mth NNN, Absentee Operation. 4 MPDs, Good Neighborhood.
Asking Price
$1,250,000
Cash flow
$235,715
Revenue
$1,320,000
Down
$25
Posting: 284079 | Available | 5/4/24
This high end market is conveniently located inside the retail area of one of the most luxurious apartment communities in North San Jose. This business is a famous contemporary market stocking snacks, Organic products, groceries, beer, and wine selections.
Asking Price
$899,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285134 | Available | 2/22/24
For sale is a Chevron gas station with a convenience store located in a high-traffic location in Modesto, California. Fuel sales - 110,000/GPM with high margins. Convenience store sales- $120,000/month
Asking Price
$7,500,000
Bldg Size
Call / Email
Typical Floor Size
Call / Email
Year Built
Call / Email
Posting: 283853 | Available | 5/1/24
For sale is a Chevron gas station with a convenience store and car wash located in a high-traffic location in Modesto, California. Fuel sales are $90k/m, convenience store sales are $165k/m, car wash sales are $6,500/m, and rental property income is $115k/year.
Asking Price
$9,500,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$20
Posting: 278074 | Available | 2/12/24
For sale is a brand-new gas station with a convenience store. It opened last year 2023. It is available for purchase including the real estate property and a hard liquor license. The store size is 4,200 sq ft. The drive-thru QSR is 900 sq ft. and is leased for $3,500 per month.
Asking Price
$6,000,000
Cash flow
Call/Email
Revenue
$276,000
Down
Call / Email
Posting: 279941 | Available | 3/29/23
This is a mom-and-pop convenience store with beer and wine in a populated area of Los Angeles County. Extra income comes from a lotto/lottery and ATM. The annual gross is $276,000. The asking Price is $65,000, Rent $1,800, Size 1,400 sq ft, beer and wine.
Asking Price
$65,000
Cash flow
Call/Email
Revenue
$1,200,000
Down
$2,000,000
Posting: 285659 | Available | 3/14/24
This gas station was recently converted from Chevron to Arco, so it presents a lucrative investment opportunity. The car wash was remodeled just 6 months ago, ensuring modern facilities for customers. Boasting an impressive average of $850 per day in sales, with high growth potential.
Asking Price
$7,999,000
Cash flow
Call / Email
Revenue
Call / Email
Down
20-25% Min
Posting: 272167 | Available | 2/22/22
Major Brand Gas Station with Property for Sale. High Volume & high gross profit Margin business. Well established business showing consistent sales revenue history & generating high profit margin. Please make a note while visiting location.
Asking Price
$7,500,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 278422 | Available | 1/30/24
This Chevron Extra Mile station is located on a heavy-traveled Hwy 20 connecting Hwy 5 to Hwy 101. The station is very busy with local and traveling customers. Tanks are double wall, and all pumps, etc. are up to current regulations. The station has a nice car wash that has high volume.
Asking Price
$5,700,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285219 | Available | 5/1/24
Introducing an exceptional investment opportunity in Kern County, California - this prime property features an Arco AM/PM gas station strategically located in a bustling and high-traffic area. The business is well-established with a long history of operations.
Asking Price
$5,500,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286248 | Available | 4/24/24
This is a newly remodeled convenience store with a beer & wine license for sale. The store is very clean, organized and currently doing $40,000 a month in gross sales per seller. That sales do not include Lottery sales. There is huge upside potential for an owner operator, adding deli/kitchen, etc.
Asking Price
$219,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285902 | Available | 3/29/24
Progressive Real Estate Partners is pleased to offer for sale a Mobil Gas Station, C-Store & Car Wash with Land in the City of Colton. The gas station has a 924 SF C-Store for guests and is situated on approximately 0.76 AC of land.
Asking Price
$5,700,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284777 | Available | 5/3/24
A franchisee gas station in Sonora is for sale. This C-store has a good neighborhood and a populated busy location. Real estate is included. An ABC 21-off sale general license is included. This is a great gas station with traffic. More than $1 million worth of improvements have been made.
Asking Price
$10,450,000
Cash flow
$12,000,000
Revenue
$1,200,000
Down
$20
Posting: 285101 | Available | 2/21/24
For sale is a high-volume station located on a busy street with high margins. It is an Arco AM/PM gas station and store. It is absentee-run. Real estate is included/available.
Asking Price
$4,500,000
Cash flow
$225,000
Revenue
$4,900,000
Down
$500,000
Posting: 284775 | Available | 4/28/24
For the business only is a market and Mobil station with 6 pumps and 4 tanks. It has a beer and wine license (the only business in that corner with BW). The master lease belongs to Circle K and Circle K is subleasing to a dealer. The owner is retiring after 29 years. It is open 24/7.
Asking Price
$795,000
Cash flow
Call / Email
Revenue
Call / Email
Down
$35
Posting: 277252 | Available | 11/3/22
For sale is a major brand gas station and snack shop located in an upscale neighborhood that is absentee-run. Gas is 75K gallons per month @0.70 and the snack shop brings in $15K per month. The rent is $16,500 with a lease term of 10 years + two 5-year options. The seller may be willing to carry.
Asking Price
$995,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 281047 | Available | 4/24/24
For sale is a gas station and convenience store in a prime location off the I-5 freeway. This is a great opportunity that won't last long. It makes 150k gallons high cent margin, and the convenience store makes $200k @ 50% margin.
Asking Price
$6,500,000
Cash flow
Call/Email
Revenue
$350,000
Down
$25
Posting: 280503 | Available | 5/1/23
This is an unbranded station on a very busy street with visibility and exit from I-5. It is well positioned for an owner-operator. It has double wall tanks with 4 MPDs. The 2022 Gross profit is $350,000 approximately according to the seller. It is located next to a motel and restaurant.
Asking Price
$2,300,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 284305 | Available | 12/14/23
For sale is an unbranded gas station with a beer and wine license. It is absentee-owned. The seller just got this place totally remodeled. He added deli, brand new pumps, updating the parking lot with concrete instead of using asphalt paving, ext. Total asking price is $2,350,000.
Asking Price
$2,350,000
Bldg Size
4,534 Sq.Ft
Typical Floor Size
Call / Email
Year Built
Call / Email
Posting: 283849 | Available | 5/1/24
Presenting a compelling investment prospect in Stockton, California - an established 76 gas station in a high-traffic location, boasting a yearly gross profit of $1.7M. Fuel sales are $130k/m, convenience store sales are $110k/m, car wash is $12k/m, and rental property income is $110k/m.
Asking Price
$10,000,000
Cash flow
$180,000
Revenue
$1,400,000
Down
Call/Email
Posting: 274951 | Available | 4/22/24
This well-established 7-Eleven franchise convenience store is located in a great neighborhood, with great potential for the Owner/Operator; this location sells all goods ranging from the lottery, snacks, phone cards, tobacco-related products, pizza, sodas, snacks, and coffee with other items.
Asking Price
$299,900
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284872 | Available | 1/26/24
This neighborhood store is on the other corner from Lincoln Elementary School, on a busy intersection of Lincoln and Walton, close to Highway 99. It has been run for 28 years by the same family. In addition to the store area, huge storage/office areas in the back and upstairs. This
Asking Price
$80,000
Cash flow
$110,436
Revenue
$2,317,900
Down
Call/Email
Posting: 283923 | Available | 11/19/23
This 7-Eleven is the best store for people who are on the go and looking for a one-stop shop to buy everyday products. It has a variety of consumable products, services, general food, and gasoline. The typical outlet is small in size and carries a limited stock of food and drinks.
Asking Price
$489,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281330 | Available | 1/4/24
For sale is a Shell gas station with property included. It's a 16K sq. ft lot (2 parcels) and a 1,568 sq. ft building. The Shell contract expires in 2028. It pumps 50k gpm @ 50 cents. The market makes $24K per month, $22K from lotto. The current business owner has a 9-yr lease with two 5-yr options.
Asking Price
$2,750,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 277839 | Available | 3/25/24
This is a brand-new gas station. Everything except for the underground storage tanks is brand new. There is no competition on the same corner and it is close to the 105 freeway. It is a new 2000 sf building with 4 MPDs, and it is built with high-quality materials and fixtures.
Asking Price
$7,300,000
Cash flow
Call / Email
Revenue
Call / Email
Down
$1,200,000
Posting: 265656 | Available | 12/17/20
Branded station both fuel and market. Beautiful, clean and well run station. Absentee run business with all automated financial setup. Including back office service for access of sales report anytime remotely. NDA is required for financial viewing. 8 MPD, recent upgrades with double wall tanks.
Asking Price
$1,588,888
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 280488 | Available | 5/1/23
Business Only, Major Brand Gas Station with Full Service Car Wash. Gas 50K Gal/mth @.78, Market $22K/Mth, Car Wash $110K/Mth, Rental Income $7,500/Mth. Station Rent $11,250/Mth.
Asking Price
$3,995,000
Cash flow
$120,000
Revenue
$1,750,000
Down
Call/Email
Posting: 285103 | Available | 2/10/24
7-Eleven is is the best store for people who are on the go and looking for a one-stop shop to buy everyday products and has a variety of consumable products and services, generally food and drinks. The typical outlet is small in size and carries high-turnover products.
Asking Price
$375,000
Cash flow
Call/Email
Revenue
$2,340,000
Down
$30
Posting: 285981 | Available | 4/4/24
The independent grocery and beer wine store is well-established. It is currently operating under semi-absentee management. Its location on a major busy street ensures a high volume of vehicle and foot traffic. The store boasts great front parking spaces and features a meat department.
Asking Price
$1,495,000
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
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
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
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
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
A business buyer in the BizBen ProBuy Program asks how to handle the inventory amount in the purchase price of a business. Other questions answered in this article: Do you add the inventory value to the business value? Should the owner be expected to take back a note for the value of the inventory?
Trying to pick the best convenient stores for sale? Learn how to find convenient stores for sale with high traffic, profitable locations to maximize your investment. Peter Siegel Director of the ProBuy & ProSell Programs and BizBen Founder explores this issue regarding buying convenence stores.
Unlike many small businesses, due to strict regulations there are many steps that you must take before you can consider buying a liquor store. Peter Siegel with BizBen discusses the seven steps will put you on the right track to buy a liquor store legally.
The process for making a liquor license transfer used to take approximately 55-70 days, but now because of labor shortages and work protocols, it can be up to 3 months in California, for example. The longer an escrow is open, the greater the chance of having it fall out of escrow.
When seeking large SBA business acquisition financing loans, it helps to review seller's add backs (cash flow analysis) as a source of funding to service the debt. Peter Siegel, MBA - SBALoanAdvisors.com Founder covers this specific topic for business buyers, owner/sellers, agents, business brokers.
What is your goal in 5 years? Do you want to become a business owner? Buying a business can be an exciting, safe opportunity to gain financial freedom. But how to buy the right business? This article will walk you through the process of buying a business.
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 everyone who's decided to buy a small business in California knows the importance of due diligence. That involves close examination of a business prior to removing contingencies. But not everyone knows how to uncover problems that are not obvious. Here are five of the most common hidden issues.
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.
After investing years of time and talent into a company, many small business owners want to feel like they are leaving their business in good hands and for that reason, some sellers opt to sell their business to an employee. Let's talk about the pros and cons to taking this route.
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.
You've found your dream business. You've called/emailed/texted the broker or owner; you've tried to reach out again via phone/email/text. However you're not getting a response and it's getting frustrating. How to get brokers/owners to return your calls/emails/texts - what key strategies to utilize.
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.
There are companies who specialize in purchasing Business Notes (of course at a discount). You can sell all or part of your note. Peter Siegel, MBA BizBen Founder and ProBuy & ProSell Lead discusses this entire process in his latest article on selling your business note after you sell your business.
A question sellers ask: how do I sell my business without getting sued, isn't a subject just for discussions with lawyers. A seller can take some precautions to reduce potential legal problems. Peter Siegel, MBA Founder Of BizBen and BizBen.com's ProBuy and ProSell Programs discusses this topic.
A business buyer in our ProBuy Program searching to buy a business asked me to sum up what I though the biggest mistakes business buyers make when they search for and bought a small business. I asked ProIntermediaries on BizBen their thoughts on the matter and received a diverse response.
The 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.
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!
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.
The unfortunate truth is that approximately 50% of all small business sales transactions fall through. While failed transactions can happen for a variety of reasons, Peter Siegel, MBA (BizBen Founder & Lead Advisor) discusses the most common reason deals fall through; unrealistic asking prices.
The 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.
In this month's Business Buyer survey for BizBen.com, we asked participants in our ProBuy Program and 250 other random business buyers what they look for and avoid when looking at a business for sale postings online. Of the 20 potential posting characteristics we asked about, 8 stood out.
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.
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.
The only time to get an exact and accurate inventory count, and valuation, is at the time the business is being transferred. To do so beforehand, would mean that any merchandise sold after inventory is taken, but before close of escrow - Peter Siegel, MBA with BizBen & others discuss this topic.
Was chatting with a potential buyer of a restaurant in our BizBen ProBuy Program and he asked me what he should look for in due diligence when he finally did find a restaurant he was interested in. Peter Siegel, MBA with BizBen and others on BizBen explore this topic.
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.
