Cash flow
$320,509
Revenue
$919,360
Down
Call/Email
Posting: 259183 | Available | 2/18/24
For sale is a medical spa & family practice. The doctor is retiring. $200,000 in equipment & furniture is included. It is a 3,000 sq. ft two-story stand-alone medical building. It is SBA-approved. Full training is provided.
Asking Price
$599,000
Cash flow
Call/Email
Revenue
$100,000
Down
Call/Email
Posting: 285038 | Available | 2/6/24
This is a facial, skincare, and semi-permanent makeup business for sale in San Jose. The studio is small but very clean and nicely designed. There is ample parking in the parking garage with an entrance directly to the building. She does skincare and semi-permanent makeup with great reviews.
Asking Price
$75,000
Cash flow
$195,000
Revenue
$995,450
Down
Call/Email
Posting: 283889 | Available | 1/31/24
Unlock the door to success with the acquisition of a renowned and profitable luxury nail bar and spa in the heart of Los Angeles, CA. With a decade of excellence in the industry, this establishment has carved a niche for itself, synonymous with quality, opulence, and unparalleled customer service.
Asking Price
$449,000
Cash flow
$80,000
Revenue
$190,000
Down
Call/Email
Posting: 284812 | Available | 1/23/24
This well-established salon and spa business has been in business for over 22 years! It provides a comprehensive array of beauty, grooming, and wellness services to its clients. Additional body treatments, such as scrubs, wraps, and detox therapies, pamper clients and nourish their skin.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
$1,000,000
Down
Call/Email
Posting: 282020 | Available | 12/4/23
For sale is a high-end, upscale nail spa located in Monterey Park. There are hundreds of gel colors and technicians can create your custom colors as well. All of the equipments are sterilized in a surgical-grade autoclave for your protection. The pedicure spas utilize the latest air-jet technology.
Asking Price
$825,000
Cash flow
Call/Email
Revenue
$1,740,000
Down
Call/Email
Posting: 275256 | Available | 12/2/23
This is the best traditional health spa in a beautiful facility, with plenty of parking available. They typically separate men and women in different areas due to undressing and nudity. There is no time limit. This is hands down the best body scrub that gets rid of all your dead skin.
Asking Price
$7,500,000
Cash flow
$128,000
Revenue
$616,000
Down
Call/Email
Posting: 283648 | Available | 11/1/23
This is a fantastic opportunity for growth at this well-established salon & spa. They have a reliable group of repeat clients with substantial and consistent pre-bookings. This full-service, professional salon and spa is located in Worcester County. This business was founded more than 20 years ago.
Asking Price
$225,000
Cash flow
$120,000
Revenue
$360,000
Down
$79,000
Posting: 258408 | Available | 10/27/23
A long-time, highly profitable retail and esthetician services business. 800 SF with two skin service rooms and room for a third, and a large client list for both retail and services. Includes the Shiseido distributorship, a rare opportunity. This business is very successful and has room to grow.
Asking Price
$79,000
Cash flow
$180,000
Revenue
$425,000
Down
Call / Email
Posting: 252318 | Available | 10/27/23
For sale is a salon/spa with beautiful decor and a serene setting. There are 15,000/20,000 people on the client list. There are five separate massage rooms, a beautiful penthouse balcony, public parking garage attached to the building, great reviews, and services, and includes a massage license.
Asking Price
$199,000
Cash flow
$177,210
Revenue
$664,000
Down
Call/Email
Posting: 283467 | Available | 10/20/23
A 20+ year exceptional pool and spa repair company is looking for a new owner to take this great company to further growth! This company provides pool and spa repairs, and upgrades (equipment, control system pumps, etc.). It also provides emergency services and pool inspections.
Asking Price
$450,000
Cash flow
$123,815
Revenue
$423,050
Down
Call/Email
Posting: 283456 | Available | 10/19/23
An exceptional opportunity awaits an ambitious entrepreneur, Doctor, Nurse Practitioner, Esthetician, or Massage Therapist looking to own a successful Spa Business or expand through acquisition. This well-established Spa boasts a dedicated team of long-term employees
Asking Price
$350,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283382 | Available | 10/16/23
Nestled in the heart of downtown Santa Barbara, this retail, spa & wellness center is perfectly positioned on a bustling commercial thoroughfare, ensuring a steady flow of walk-by customers. It has had over a decade of profitable business. It has a unique location and aesthetics.
Asking Price
$550,000
Cash flow
$167,122
Revenue
$672,729
Down
$195,000
Posting: 282110 | Available | 8/9/23
Rare Opportunity! Long-standing and profitable membership-based massage business located in the very desirable Napa Valley. Offers multiple revenue streams including Massage Memberships, Sauna Memberships, gift cards, and retail sales.
Asking Price
$195,000
Cash flow
$240,000
Revenue
Ask
Down
Ask
Posting: 253163 | Available | 10/19/20
Dry Sauna and Steam Sauna. Hot & Warm Jacuzzi & Cold Plunge. Herbal steam Room Hot & Cold Pool. Skin Exfoliation/ Body Scrub. Relaxing and Awesome Place Good Cash Flow, Lots of Loyal Customers.
Asking Price
$650,000
Cash flow
Call/Email
Revenue
$300,000
Down
Call/Email
Posting: 285792 | Available | 3/22/24
This is an established nail salon for sale in San Francisco north beach surrounded by retail shops, restaurants, cafes and hotels. Daily sales is between $400-$1,500 with 3-4 staffs working. It is approximately 1,100 square feet with waxing rooms for facials, and waxing. They do permanent makeup.
Asking Price
$100,000
Cash flow
$150,000
Revenue
$600,000
Down
$220,000
Posting: 282952 | Available | 4/2/24
Due to personal circumstances, the seller just reduced the price. This is a long-established Salon, with a large high-end clientele. Highly profitable in an excellent location. Established in 2009 by the present owner/operator/stylist located in a major shopping center, with easy access and parking.
Asking Price
$220,000
Cash flow
Call/Email
Revenue
$100,000
Down
Call/Email
Posting: 285038 | Available | 2/6/24
This is a facial, skincare, and semi-permanent makeup business for sale in San Jose. The studio is small but very clean and nicely designed. There is ample parking in the parking garage with an entrance directly to the building. She does skincare and semi-permanent makeup with great reviews.
Asking Price
$75,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284687 | Available | 3/22/24
This salon is situated in a very busy center in central Orange County. The salon benefits from excellent visibility and accessibility. The salon has been a one stop destination for beauty enthusiasts for over 20 years. They pamper clients with top-notch nail treatments and spa experiences.
Asking Price
$49,000
Cash flow
$177,210
Revenue
$664,000
Down
Call/Email
Posting: 283467 | Available | 10/20/23
A 20+ year exceptional pool and spa repair company is looking for a new owner to take this great company to further growth! This company provides pool and spa repairs, and upgrades (equipment, control system pumps, etc.). It also provides emergency services and pool inspections.
Asking Price
$450,000
Cash flow
$120,000
Revenue
$360,000
Down
$79,000
Posting: 258408 | Available | 10/27/23
A long-time, highly profitable retail and esthetician services business. 800 SF with two skin service rooms and room for a third, and a large client list for both retail and services. Includes the Shiseido distributorship, a rare opportunity. This business is very successful and has room to grow.
Asking Price
$79,000
Bldg Size
6,632 Sq.Ft
Space Being Rented
Call / Email
Year Built
Call / Email
Posting: 285771 | Available | 3/21/24
This closed medical spa is ready for lease for a successful operation. It is located in a prime spot in the City of Menlo Park. At over 6,000 SF, this was a full-service, high-volume medical spa. This consists of 2 units next to each other, total space is 6,632 SF.
Lease Amount
$19,105
Cash flow
$80,000
Revenue
$190,000
Down
Call/Email
Posting: 284812 | Available | 1/23/24
This well-established salon and spa business has been in business for over 22 years! It provides a comprehensive array of beauty, grooming, and wellness services to its clients. Additional body treatments, such as scrubs, wraps, and detox therapies, pamper clients and nourish their skin.
Asking Price
$250,000
Cash flow
$1,049,024
Revenue
$1,957,321
Down
Call/Email
Posting: 282283 | Available | 4/5/24
This is a rare opportunity to acquire a newly built, state-of-the-art cardiovascular medical practice complete with a surgical center and med spa on the premises! The practice provides cardiology, vascular & venous diagnostics, treatments, and procedures, as well as aesthetic injectables.
Asking Price
$1,700,000
Cash flow
$150,000
Revenue
$400,000
Down
Call/Email
Posting: 283345 | Available | 4/6/24
This is an incredible opportunity to own and operate a 25-year advanced exclusive skin care day spa. It has had the same owner/operator for 25 years. They have an exclusive professional imported skincare line and services, an excellent exclusive client list, high retail sales, and great profit.
Asking Price
$179,000
Cash flow
$717,129
Revenue
$2,145,393
Down
Call/Email
Posting: 285652 | Available | 3/13/24
The business is a successful cosmetic medical clinic that offers industry-leading medical spa treatments, including laser treatments, cosmetic services, injectables, and more. It was founded in 2001 by a doctor who was one of the first non-dermatologists to enter the field of cosmetic medicine.
Asking Price
Call/Email
Cash flow
$82,471
Revenue
$604,390
Down
Call/Email
Posting: 285337 | Available | 3/27/24
This is a unique opportunity to acquire a sophisticated Med Spa in the San Gabriel Valley! The spa provides injectables, fillers, IV therapy, thread lifts, waxing, facials, microneedling, and more! Many of the customers are on a membership basis supplying the business w/ consistent monthly revenue.
Asking Price
$260,000
Cash flow
Call/Email
Revenue
$200,000
Down
Call/Email
Posting: 285467 | Available | 4/11/24
This asset sale is located on a busy main street near Palmdale City Hall, this corner lot property offers an ideal location for a nail salon and spa. The space, formerly used for a nail shop and spa store, is ready for immediate use with existing water pipes and plumbing lines in place.
Asking Price
Call/Email
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 280763 | Available | 3/25/24
For sale is a spa and gazebo manufacturing business plus real estate for sale in Sacramento County. It has been established for 33 years. They are in the business of making your spa or gazebo Needs. They are the only spa manufacturer in Northern California. Seller financing is available!
Asking Price
$1,280,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283382 | Available | 10/16/23
Nestled in the heart of downtown Santa Barbara, this retail, spa & wellness center is perfectly positioned on a bustling commercial thoroughfare, ensuring a steady flow of walk-by customers. It has had over a decade of profitable business. It has a unique location and aesthetics.
Asking Price
$550,000
Cash flow
$320,509
Revenue
$919,360
Down
Call/Email
Posting: 259183 | Available | 2/18/24
For sale is a medical spa & family practice. The doctor is retiring. $200,000 in equipment & furniture is included. It is a 3,000 sq. ft two-story stand-alone medical building. It is SBA-approved. Full training is provided.
Asking Price
$599,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283354 | Available | 3/14/24
We have a beautiful operating 6-treatment room Med Spa located near the City of Norwalk in Los Angeles County that is perfect for someone with Med Spa experience or someone looking at entering the market as an investment opportunity. *
Asking Price
$550,000
Cash flow
$187,000
Revenue
$467,000
Down
Call/Email
Posting: 285606 | Available | 3/11/24
This is a rare opportunity to own this longstanding, profitable weight loss and wellness spa located in an elite and busy Westside area. Cutting-edge modalities keep clients looking and feeling their best. This is the prime destination for relaxation, stress reduction, and weight loss.
Asking Price
$499,000
Cash flow
$336,271
Revenue
$603,248
Down
Call/Email
Posting: 285968 | Available | 4/3/24
This highly profitable med spa weight loss clinic can be run by a skilled nurse practitioner or physician assistant. Services include weight loss, laser hair removal, and skin rejuvenation. This MedSpa offers the latest in cosmetic procedures.
Asking Price
$799,000
Cash flow
$195,000
Revenue
$995,450
Down
Call/Email
Posting: 283889 | Available | 1/31/24
Unlock the door to success with the acquisition of a renowned and profitable luxury nail bar and spa in the heart of Los Angeles, CA. With a decade of excellence in the industry, this establishment has carved a niche for itself, synonymous with quality, opulence, and unparalleled customer service.
Asking Price
$449,000
Cash flow
Call/Email
Revenue
$975,000
Down
Call/Email
Posting: 285818 | Available | 3/25/24
For sale is a successful med spa. Services offered include laser hair removal, PRP, lip jaw and chin injectables, neurotoxins (Botox, Newtox), threading, skin products. It has been successfully in business for the past three years. They have 1,500 active clients.
Asking Price
$650,000
Cash flow
Call/Email
Revenue
$1,000,000
Down
Call/Email
Posting: 282020 | Available | 12/4/23
For sale is a high-end, upscale nail spa located in Monterey Park. There are hundreds of gel colors and technicians can create your custom colors as well. All of the equipments are sterilized in a surgical-grade autoclave for your protection. The pedicure spas utilize the latest air-jet technology.
Asking Price
$825,000
Cash flow
$24,090
Revenue
$346,943
Down
$149,000
Posting: 285852 | Available | 3/26/24
This is an exceptional chance to acquire an established day spa, fully equipped and ready to go. 7 treatment rooms, prime location, ample parking and reasonable rent. As well as experienced employees and a large database of loyal clientele who have been enjoying the spa's benefits for over 15 years.
Asking Price
$149,000
Cash flow
$180,000
Revenue
$425,000
Down
Call / Email
Posting: 252318 | Available | 10/27/23
For sale is a salon/spa with beautiful decor and a serene setting. There are 15,000/20,000 people on the client list. There are five separate massage rooms, a beautiful penthouse balcony, public parking garage attached to the building, great reviews, and services, and includes a massage license.
Asking Price
$199,000
Cash flow
$304,103
Revenue
$1,583,731
Down
Call/Email
Posting: 286164 | Available | 4/17/24
Occupying a ground floor space in a prestigious doctor's office building, this MedSpa represents modern aesthetics at its finest. Recent renovations have reduced the square footage and optimized the layout for maximum efficiency. They specialize in laser skin rejuvenation. The owner is retiring.
Asking Price
$749,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285510 | Available | 3/5/24
Beautifully appointed, this bright beauty space opens to plenty of foot traffic near Burbank Studios. Just add your professional talent and owner's vision! This salon spa is located in a well-maintained building. Direct lease with the landlord in place plus renewal options.
Asking Price
$299,000
Cash flow
$123,815
Revenue
$423,050
Down
Call/Email
Posting: 283456 | Available | 10/19/23
An exceptional opportunity awaits an ambitious entrepreneur, Doctor, Nurse Practitioner, Esthetician, or Massage Therapist looking to own a successful Spa Business or expand through acquisition. This well-established Spa boasts a dedicated team of long-term employees
Asking Price
$350,000
Cash flow
Call/Email
Revenue
$1,740,000
Down
Call/Email
Posting: 275256 | Available | 12/2/23
This is the best traditional health spa in a beautiful facility, with plenty of parking available. They typically separate men and women in different areas due to undressing and nudity. There is no time limit. This is hands down the best body scrub that gets rid of all your dead skin.
Asking Price
$7,500,000
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
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
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
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
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
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
Buying a nail service business requires careful consideration during the due diligence process. Peter Siegel, MBA (Business Purchase Financing Expert, ProBuy & ProSell Program Advisor with BizBen) at 925-785-3118, discusses the important factors to focus on when valuing & buying a nail salon shop.
There are more than 1 million hair salons in the United States! Buying a hair salon for sale can be a good investment if you find the opportunity and have the right skills to run it. Hair salon opportunities range from independent businesses of all sizes to franchises. Let's discuss this further.
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.
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.
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.
80% of all California business buyers never end up buying a business! Many factors contribute to this statistic, but by following the points below and utilizing the ProBuy Method of buying a business you should be successful in locating a business that interests you and completing the transaction!
Demonstrating sufficient cash flow to cover a business acquisition loan is key to getting a lender's approval. But buyer must be knowledgeable. Support a business acquisition loan with the target company's cash flow. And know how to determine the actual cash flow amount. Peter Siegel, MBA explains.
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 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.
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.
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!
There are many myths associated with the process of selling a small business and some of them can actually cause deals to fall through. Don't let your sale be compromised, be aware of these common misconceptions related to the process of selling. Peter Siegel, MBA with BizBen explores this topic.
Only 30% of all small businesses for sale that are put on the market overall are sold! A surprising statistic to most business owners, agents, and brokers trying to sell a small business! If however you follow the strategies (BizBen Protocol Method) in this blog post you should see success!
As an Advisor On BizBen I talk to many California business owners, business buyers, brokers, and agents on a daily basis about valuing California small to mid-sized businesses. Many key factors go into this analysis including market demand, history of earnings, and even how the deal is structured.
One of the most difficult challenges when purchasing a small business is expressed by this prospective buyer of a liquor store who is told by the seller that there is more money being made than shows up on the books. Should the buyer accept that statement by the seller & go ahead with the purchase?
Buyers search for an absentee business, wanting to collect profits generated by a successful enterprise without having to stand at the sales counter or cash register, without having to cook, operate equipment or talk to customers. Peter Siegel, MBA offers his intake on absentee run businesses.
Being an Entrepreneur has its perks, it can also be challenging. You need to make sure you're ready for the challenge. Here's a list of 10 important questions to get you started when buying a business. Peter Siegel, MBA (BizBen Founder) reviews this topic for business buyers of small businesses.
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 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.
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.
Using an earn out can benefit both buyer & seller of a business purchase. A recent question by a buyer in the BizBen ProBuy Program about the best way to structure a business earn out prompted me to ask a panel of BizBen Resources how they would deal with the buyers question on earn out structures.
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.
You have a strong entrepreneurial spirit. You know you want to be a small business owner. Now what? Do you buy an existing business or start one from scratch? An existing business can save a lot of time and effort. I will share with you some of the advantages of buying an existing business.
Showing your business when selling is one of the most important steps in the sale process & how it is done will greatly affect the selling price. There are two areas to be concerned with, how the business looks & how you react to the prospective buyer.
Should business opportunity offering include the real estate? There are no right or wrong answers to the question about whether the seller of a business should include the real property, or sell the company only and continue on as the landlord/lady. Peter Siegel With BizBen.com explores this issue.
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.
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.
