Status: Off The Market
Posting ID: 256361
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Asking Price
NOTE: This BizBen Posting #256361 Liquor Store in Downey, LA County is currently INACTIVE Today (Either: It's In Escrow, It's Sold, or Is Off The Market Temporarily) - Please See Today's ACTIVE Postings below that match this posting's attributes. For your convenience there are also helpful links below to assist you in your search to buy or sell a small to mid-sized business that matches your criteria. Thank you for using BizBen.com.
Attributes:
Cash flow
$84,000
Revenue
$540,000
Down
$50
Posting: 285262 | Available | 2/20/24
For sale is a liquor store located on a major street with lots of traffic. They have high-end clients like athletes and movie stars that come to the store. It is next to motels and movie studios. There is potential to grow business with more inventory.
Asking Price
$275,000
Cash flow
Call/Email
Revenue
$780,000
Down
$275,000
Posting: 285534 | Available | 4/30/24
The liquor and wine shop in a shopping center is a very busy location with heavy traffic. The liquor store size is 1700 sf and rent is $5,800 including NNN charges. The business hours are from 7-12 am and weekends 7-11 pm. The location is a very safe area and it is very clean.
Asking Price
$485,000
Cash flow
$400,000
Revenue
Call/Email
Down
Call/Email
Posting: 275009 | Available | 3/5/23
For sale is a popular liquor store & check cashing location on a busy major street. There are 20 walk-in coolers in the 4,620 sq ft. space. The lot size is 5,724 sq ft. It has excellent profit, as they also do lottery and so on. You can buy the business only or with the property.
Asking Price
$3,750,000
Cash flow
$204,000
Revenue
$1,200,000
Down
Call / Email
Posting: 275816 | Available | 11/23/22
Liquor and real estate for sale in Los Angeles County, CA. This is your chance to own your business on your property at a reasonable price. The store has been established for over 30 years and there are 3 full-time employees and owner works. It is semi-absentee run.
Asking Price
$1,400,000
Cash flow
Call/Email
Revenue
$540,000
Down
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Posting: 251918 | Available | 10/9/23
For sale is a nicely remodeled liquor story with the property. It is in a good location and is semi-absentee run. The lot size is 8,000 sq ft. and The size of the store of the business is 1,382 sq ft. The hours are from 9 am-11/12 pm. It has ample parking spaces.
Asking Price
$1,250,000
Cash flow
$60,000
Revenue
$372,000
Down
$50
Posting: 282860 | Available | 9/15/23
This liquor store is located on a major street with a coin laundry and motel next door in a high traffic area. It has a good profit margin at 40%. The partnership broke up and forced the sale. Rent is only $3,100/month. They have a clean ABC license and there are no restrictions.
Asking Price
$175,000
Cash flow
$360,000
Revenue
$2,200,000
Down
$650,000
Posting: 285646 | Available | 4/18/24
For sale is a hot location that is absentee-run with a high margin of 45%. They used to sell $180,000/month (off sale $90,000 & online sale $90,000). Their open hours are from 9am-2am. It is 3,000+ sq ft. with upstairs. They have a new lease (5+5 years) and rent is $9,200 including NNN.
Asking Price
$1,600,000
Cash flow
$72,000
Revenue
$720,000
Down
Ask
Posting: 266972 | Available | 3/18/21
Has been there for many decades and this market property is a historic building in San Pedro. Motivated seller is offering this well established business with the food permit, very reasonable rent. Asking price $269,000. Gross sales are $720,000 yr. Net profit is approx $ 72,000 yr. 3,500 sq ft.
Asking Price
$269,000
Cash flow
$140,400
Revenue
$840,000
Down
$35
Posting: 281109 | Available | 6/8/23
Well-organized liquor store for sale, busy street location with mixed commercial and residential area, with reasonable rent and long lease term. Good Lotto income as extra (not included in monthly sales), perfect store for family-running buyers.
Asking Price
$435,000
Cash flow
Call/Email
Revenue
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Down
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Posting: 283572 | Available | 4/20/24
For sale is a liquor store that has 15 walk-in coolers and 5 coolers. This place has big potential as it is a great location with a huge parking lot. Size 2,800 sq ft. Rent of $5,000 (New lease available). Gross income $35,000-$40,000. The hours are from 10am-10pm.
Asking Price
$150,000
Cash flow
$70,000
Revenue
$300,000
Down
Cash
Posting: 285704 | Available | 4/18/24
For sale is a liquor store that is open 6 days a week (Sun & holiday closed). Short hours from 8:00am-7:30pm , 8:00am-6:00pm (Saturday). The opening hours can be extended. It is a liquor store with big potential, so the best for beginners. No Lottery, No EBT, No ATM, NO check cashing. Rent $ 1800/m
Asking Price
$79,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 276344 | Available | 9/18/22
Liquor store located in Los Angeles County at a strip shopping center consisting of several other businesses. You can be your own boss and expand the business. The liquor store owners are looking to add another store. High-density population in the given area. Gross sale is $70,000, rent is $1600.
Asking Price
$575,000
Cash flow
$120,000
Revenue
$720,000
Down
$30
Posting: 273180 | Available | 5/8/22
Liquor store for sale Compton, CA. It has been established for over 20 years and over 10 years for the current owner. 1 full time, 1 part time. Semi abstentee. 2+5 years plus 3yrs extension available, 1900 sq. ft. Can increase sale by adding more inventory and owner's direct management.
Asking Price
$330,000
Cash flow
Call/Email
Revenue
$1,020,000
Down
$350,000
Posting: 286566 | Available | 5/14/24
It is a freestanding liquor and beer store located in the city of Gardena, California. The business operates from 8:30 AM to 10 PM, and extending the hours could present significant potential. There are no ABC conditions, and the store boasts a spacious storage room and advantageous rent.
Asking Price
$675,000
Cash flow
$100,000
Revenue
$340,621
Down
$70,000
Posting: 286421 | Available | 5/4/24
The seller wants to retire after owning the liquor store for 21 years. The store's opening hours are from 12:00 pm to 10:00 pm, and it generated lottery income of $86,145 in 2023, $89,825 in 2022, and $85,819 in 2021. The monthly rent, including NNN, is $2610, for a space of 1275 sq ft. NO EBT
Asking Price
$170,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 275839 | Available | 8/18/22
Bay area, nice and clean. Ample parking lot store size of 2200 sqft. Gross sales $60,000. Rent is $5773 3+5yr lease remaining. 100% help run. Present owner has owned for 22 years. Inventory is approximately $100,000. Good for a new buyer or family run.
Asking Price
$350,000
Cash flow
$60,000
Revenue
$660,000
Down
$150,000
Posting: 276559 | Available | 12/19/23
Liquor business with value for money is for sale. The business is run by employees and the current opening time is from 8 AM to 10 PM. The buyer will have a new lease and the rent was fixed for the last 10 years at $2,550 per month gross.
Asking Price
$249,999
Cash flow
Call/Email
Revenue
$1,320,000
Down
$2,000,000
Posting: 282793 | In Contract | 9/12/23
Long-established liquor store business with retail units. Major street location. Safe area. Liquor store plus 2 additional tenants. Good margins. Currently no EBT (potential if added). Plenty of street parking.
Asking Price
$2,900,000
Cash flow
Call/Email
Revenue
$960,000
Down
$800,000
Posting: 285901 | Available | 3/29/24
For sale is a liquor store with property. A 2 bedroom 1 bath house is included in the back. They have good parking space on the side of the property with easy street parking. It is in a mixed area near LAX airport with no ABC conditions. They have Lotto and accept EBT. It is around 2,600 sq ft.
Asking Price
$3,200,000
Cash flow
$450,000
Revenue
$2,000,000
Down
$2,000,000
Posting: 281505 | Available | 10/15/23
This is a long-established high-volume liquor store with lots of potential and a strip center included in the sale. The owner works a couple of hours a day. It is on a busy street in central Los Angeles. The store grosses approximately $ 170,000-180,000 a month.
Asking Price
$4,500,000
Cash flow
Call / Email
Revenue
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Down
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Posting: 245517 | Available | 10/3/22
This store sells liquor with property and Lottery & scratch income is $6,000/month. Please call or email me just a qualified buyer only.
Asking Price
$3,500,000
Cash flow
$108,000
Revenue
$516,000
Down
$50
Posting: 286178 | Available | 4/17/24
Located on the Westside of Long Beach, the establishment has short open hours from 9 am to 8 pm and holds a clean ABC license. The owner, who has been the same since 2013, is tired and in need of a break. Despite this, the business benefits from reasonable rent at $3,900 per month.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
$1,320,000
Down
$800,000
Posting: 283191 | Available | 1/25/24
This is a freestanding liquor and wine shop with the property for sale in the Los Angeles area. They have a great gross profit and extra income. It is mainly employee-run. It is in a mixed-area. It is 4,800 sq. ft on a lot size of 7,000 sq. ft. Business hours are 7am-12am every day.
Asking Price
$3,499,000
Cash flow
$240,000
Revenue
$1,440,000
Down
$1,250,000
Posting: 282019 | Available | 2/22/24
For sale is a liquor store - its size is more than 4,500 sq. ft and the lot size is more than 7,000 sq. ft. The total net sales income after all expenses is about $240,000 / year.
Asking Price
$3,750,000
Cash flow
$200,000
Revenue
$690,000
Down
$25
Posting: 264173 | Available | 6/27/22
This store sales beer & wine license with property and 4 bed 2 bath house (different parcel). This store's margin is 40-45%. The store located a densely populated area. The store size is 2,600 sq.Lottery and scratches incomes $2,600 and house rental income is $2,100. SBA is available.
Asking Price
$1,650,000
Cash flow
Call / Email
Revenue
$1,600,000
Down
Call / Email
Posting: 273967 | Available | 6/27/22
This store sales liquor store with property for sale in Los Angeles, CA. This building is a free standing with big parking lot. Monthly sales revenue is around $135,000.The Lottery income is over 50,000/year. Asking price is $2.35million. All of this information was given by the seller.
Asking Price
$2,350,000
Cash flow
Call/Email
Revenue
$1,800,000
Down
$400,000
Posting: 281354 | Available | 2/3/24
For sale is a liquor and wine shop that is absentee-run, but if the new owner is involved there can be more potential. It is high-volume at $150,000 + monthly and the business hours are from 7:30am-11pm/12am on weekends (there are no ABC conditions). Only Street Parking.
Asking Price
$1,190,000
Cash flow
Call/Email
Revenue
$750,000
Down
Call/Email
Posting: 277846 | Available | 4/10/23
This is well established on the corner location with heavy traffic and walk-in customers. An excellent store located on a corner location on a street in a small shopping plaza with heavy traffic.
Asking Price
$310,000
Cash flow
Call/Email
Revenue
$4,500,000
Down
Call/Email
Posting: 285309 | Available | 5/15/24
Situated at a prime corner spot on a bustling main block in Los Angeles, this establishment resonates with rich global influences, creating a unique and inviting atmosphere. Boasting adaptable space accommodating up to 140 guests, the venue features timeless design elements.
Asking Price
$825,000
Cash flow
Call/Email
Revenue
$960,000
Down
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Posting: 286537 | Available | 5/12/24
A rare opportunity exists to own a well-established liquor store with gas, operating on a large commercial-zoned real estate lot with short operating hours. The monthly rent from two rental properties amounts to $6,250.
Asking Price
$2,600,000
Cash flow
Call/Email
Revenue
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Down
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Posting: 285867 | Available | 5/14/24
This is a hospice agency for sale in Burbank, Los Angeles County, California, with first license only. It must pass the second survey. The price is $175K.
Asking Price
$175,000
Cash flow
$180,000
Revenue
$550
Down
Call/Email
Posting: 274482 | Available | 5/12/24
Top brand blinds, shades, shutters, etc retail. Easy to operate profitable and potential business even without advertisements or marketing. Ideal location on a high-traffic major street and the hub of Silicon Valley. Increasing sales yearly with many repeat & new customers. Price was lowered.
Asking Price
$200,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$10,000
Posting: 286567 | Available | 5/14/24
For sale is an upscale full-service modern hair salon with in the heart of Downtown Alhambra. This salon has 10 stations and 3 shampoo bowls. The salon offers precision haircuts, custom coloring, re-texturizing straight and curly hair, and updos. Individual room for lash extensions, massage& waxing
Asking Price
$65,000
Total Investment
$200,000
Min Liquid Cash
Call/Email
Net Worth
N/A
Posting: 284296 | Available | 5/14/24
More than just a business opportunity. Own a profitable business in one of the least saturated industries in the country even if you have no experience. The thousands of people who win law suits daily are all your potential customers.
Franchise Fee
Call/Email
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 286166 | Available | 5/17/24
A brand new home health agency is available for sale. The sale includes the initial state license approved by CDPH. The license is fully transferable and is approved for the following counties: LA, Orange, San Bernardino, Ventura, Riverside, and San Diego.
Asking Price
$60,000
Cash flow
call/email
Revenue
$1,051,340
Down
$160,000
Posting: 282462 | Available | 5/13/24
A full-service electric contractor 65 years of experience serving Bay Area Customers. With projects ranging from ground-up to design-build, tenant improvements, seismic upgrades, historic renovations, remodeling & more.$30M approx projects pending 2023.12 Vehicles Included
Asking Price
$800,000
Cash flow
$127,008
Revenue
$1,617,809
Down
$300,000
Posting: 283543 | Available | 5/18/24
Founded in 1960, this company has completed wide-ranging residential projects from full bathroom and kitchen remodels to constructing a basement under an existing home. The company runs with a long-term crew and a designer who also serves as the office manager.
Asking Price
$300,000
Cash flow
N/A
Revenue
N/A
Down
$139,000
Posting: 285773 | Available | 5/14/24
This hospice (first license only) is located in Long Beach, CA, away from the saturated valley. It is ready to call for the final survey, read for the 'ready letter'. It has an amazing office space with three private rooms and incredibly low rent! It has a secure office building complex.
Asking Price
$139,000
Cash flow
$175,000
Revenue
$525,000
Down
$300,000
Posting: 276123 | Available | 5/17/24
Must see a 100% wet cleaning plant located in West Hills near high-income Woodland Hills, Calabasas, and Bell Canyon. This is an 11 year-old, 1,200 sq. ft. plant, including shirt laundry. Most of the equipment is newer. No chemicals -- environmentally safe -- all work done in-house.
Asking Price
$500,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285746 | Available | 5/17/24
A dog grooming shop, established in 1968 with the same owner, is located in an upscale neighborhood with a lot of foot traffic and Mountain View. This fully remodeled salon offers full-service grooming for dogs and cats. The shop spans 1,250 sq ft.
Asking Price
$125,000
Cash flow
$639,000
Revenue
$1,160,000
Down
$20
Posting: 240277 | Available | 10/10/20
Coin laundry was designated as an essential business during Pandemic. And government supports 6 months SBA loan payments if the escrow is closed before 9/27/2020. The amount would be about $130,000. benefit for the buyer.
Asking Price
$5,200,000
Cash flow
$894,312
Revenue
$15,609,469
Down
Call/Email
Posting: 284898 | Available | 3/21/24
This gas station has convenient access and excellent visibility and this property boosts exponential growth and an impressive track record of success. This is an excellent and rare opportunity for you to own this well-established, organized, and outstanding gas station with real estate.
Asking Price
$9,900,000
Cash flow
$1,343,000
Revenue
$8,200,000
Down
Call
Posting: 283895 | Available | 11/16/23
This company provides client specific food & beverage solutions across food service, retail and ingredients. They provide strategic guidance and expert support for empowering companies to pioneer, develop, innovate, and accelerate in the F&B industry.
Asking Price
$6,000,000
Cash flow
$300,000
Revenue
$1,150,000
Down
$200,000
Posting: 283947 | Available | 5/16/24
Tired of average dry cleaning? Upgrade to excellence with this dry cleaners! They offer premium dry cleaning services tailored to keep your garments looking and feeling brand new. They are serving Quartz Hill, Palmdale, Lancaster, and Edwards Air Force Base.
Asking Price
$849,000
Cash flow
$221,684
Revenue
$1,113,349
Down
Call/Email
Posting: 277079 | Available | 2/12/23
This specialty commercial flooring contractor boasts a highly scalable concept crafted to be the foundation of a regional or national market leader, a proven method to install a flooring service and product superior to its competitors, and an internally developed bidding, budgeting, and scheduling.
Asking Price
$1,100,000
Cash flow
Call / Email
Revenue
Call / Email
Down
35%+ SBA
Posting: 255357 | Available | 10/13/20
3600 sq. ft. Card-operated laundry in Paramount. Excellent prime location in a small strip mall on a major street in the heart of Paramount. Lots of regular customers due to its excellent location. The great designed interior and decorations. Great visibility with ample parking.
Asking Price
Call / Email
Cash flow
$451,110
Revenue
$1,672,397
Down
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Posting: 283995 | Available | 3/13/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,400,000
Cash flow
Call/Email
Revenue
$250,000
Down
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Posting: 279095 | Available | 4/28/24
For sale is a 5-star beauty salon is for sale in Los Altos. The place is very clean with an ADA restroom and break room laundry room. It is conveniently located in the shopping mall with some parking spaces in the front. It has approximately 1,300 sq ft. inside with a low rent amount of $3,800.
Asking Price
$160,000
Cash flow
$405,699
Revenue
$1,489,881
Down
$350,000
Posting: 286086 | Available | 4/10/24
This is one of the top in-home (non-medical) senior care franchises in the nation! The business model (not difficult) sends caregivers to individual's homes to keep them from having to go to an assisted living facility. Personal care, food preparation, light cleaning, falling mitigation/monitoring.
Asking Price
$1,480,000
Cash flow
$200,380
Revenue
$1,043,096
Down
Call/Email
Posting: 281163 | Available | 10/4/23
This popular florist has been in business for over 30 years. Located on the main street of an affluent town, this beautiful well-established flower shop has a loyal following and a strong reputation with the local community. It is SBA pre-approved.
Asking Price
$550,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 280277 | Available | 4/19/23
Profitable cell phone repair business in Tarzana, CA. A dedicated client base and store are profitable. The owner is going into another area of business and is motivated to sell.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$159,000
Posting: 285050 | Available | 3/14/24
Are you looking to expand your footprint in the home health industry? Don't miss this incredible opportunity! This newly established and ready to bill home health agency is in the heart of Valencia, California (Los Angeles County).
Asking Price
$159,000
Cash flow
$314,642
Revenue
$501,660
Down
$759,000
Posting: 274423 | Available | 9/14/22
This mobile calibration business specializes in the calibration of mechanical and electronic tools and devices. It is NIST traceable. The business offers competitive pricing and a three-day turnaround on items requiring calibration at their facility.
Asking Price
$759,000
Cash flow
$54,718
Revenue
$633,753
Down
$54,718
Posting: 284333 | Available | 12/17/23
This auto repair shop in the Diamond Bar has an outstanding location on a very busy street. There is plenty of parking and room for vehicles. The profitable shop stays busy based on its great location and well-established customer base. There are 6 bays, 5 lifts, and 1 alignment rack.
Asking Price
$89,850
Cash flow
$467,091
Revenue
$1,005,739
Down
Call/Email
Posting: 285009 | Available | 2/5/24
Founded in 1977, this precision aerospace machine shop specializes in the manufacturing of high-precision miniature CNC machined components. The business has established itself as a key player in the industry, providing essential parts to major defense companies.
Asking Price
$1,355,000
Cash flow
$200,000
Revenue
$500,000
Down
Cash
Posting: 283067 | Available | 9/27/23
Card laundromat with stable revenues, accurate sales, constant income, Semi-Absentee run. No fluff & fold, It is good to maintain the condition of the machine well. Plenty of parking lots. Open hour 6:00 am-11:00 pm, Size 3600 sf, Rent $ 8500/mo, including NNN. Average sales $ 42000/mo.
Asking Price
$1,000,000
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
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
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
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
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
Before you buy a dry cleaners small business, read these critical tips about this industry. Discover why a dry cleaner needs to be "green" to be profitable. Peter Siegel, MBA (BizBen ProBuy, ProSell Program Advisor) explores this topic and other helpful strategies on buying a dry cleaning store.
Chuck Post hosts these live FREE online webinars on Buying A Card or Coin Laundry. These webinars occur every Weds at Noon. Have your questions ready for an open and honest discussion about both the Pro & Cons of the Vended Laundry Business. RSVP or for more info phone Chuck at 619-227-5711 direct.
Today, we see more growth in the white-collar sector than we do in blue-collar entering the laundry business. We are also happy to see a rapidly growing representation of Black and Hispanic investors; women entrepreneurs are possibly one of the fastest growing segments.
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The answer is that success lies in the control of the Laundry Operator who is willing to address the questions and make the modifications to better service today's service conscious customers. For those that pay attention and take action the future looks better than ever.
The laundry business offers all of those rewards of business ownership, with much fewer headaches than with most other businesses. However buyer beware - Chuck Post, laundry broker and consultant covers several mistakes many first time laundry buyers commit when buying a California laundromat.
Many Californians want to buy a coin laundry because it's a business that doesn't require full time owner attention and because, as an all cash business, the owner is always paid before the service is provided. But there are a few misconceptions about the business and a buyer should have the facts.
Laundromats and coin operated Laundromats are popular choices among business buyers as they often can be successfully run as an absentee run business. You need to be strategic about when you sell your Laundromat so you don't get taken to the cleaners by a buyer and so that you maximize your profits.
California laundry consultant and advisor Chuck Post discusses redefining your business model when seeking a re-tooled laundry.
Some California entrepreneurs think they might like to buy a vending business but have heard negative things about the industry and aren't aware of important facts about this business. Here are some tips from BizBen's Peter Siegel on what to look for in buying a California vending business for sale.
First thing you may be asking, what is a boutique gym? Simple, a boutique fitness gym is on average much smaller than your typical large-scale gym, ranging from 800 to 2,500 sq feet. In this BizBen blog post, Joe Ranieri (Southern California Business Broker) discusses this topic for gym buyers.
Buying a professional service business, like a dental practice, is one of the most profitable ventures you can enter into if you are considering becoming a small business owner. In this blog, Peter Siegel, MBA discusses six things you need to know about buying a successful dental practice or office.
Entrepreneurs who think they want to buy a towing business need to have some idea of what to look for when examining businesses for sale in this industry. The assets, including tow trucks and perhaps the property where towed vehicles are stored, determine much of the value of this kind of company.
There are several things to consider when placing a value on a preschool. Businesses that are regarded as leading preschools in their area can go for premium prices so know what you have so a potential buyer can't take advantage of your lack of knowledge. Peter Siegel with BizBen.com explains.
If you are open to exploring the franchise opportunities available the commercial cleaning industry is an area you should consider. Commercial cleaning franchises are quickly becoming a popular choice among business buyers and here are my 6 reasons why you should consider buying one.
Buyers interested in buying a janitorial cleaning business will find companies in this industry for sale that are quite profitable. Careful due diligence, including the six factors covered in this blog post, is advised before completing a deal. Peter Siegel, MBA with BizBen explores this industry.
One aspect that many customers look for in a business today and will most likely moving forward is cleanliness. Overnight cleaning will become more important as we rebuild our businesses and lives, and so janitorial businesses will most likely become essential. Joe Ranieri (Business Broker) shares.
Even without meaning to be dishonest, sellers or brokers talking to someone who wants to buy a small business often make statements that are not true. And sometimes what is said is known to be a lie. The buyer is smart to carefully evaluate what they hear - six untrue statements sometimes told.
When selling a California business, owners should use our salability checklist to determine whether the effort will be successful. Ten factors must be considered to properly prepare a business for sale. Three of the factors account for more than 50% probability of achieving success in selling!
When you are looking to buy a motel, you must do your due diligence. As you know, not all businesses are worth what the owner is asking so it is important that you know what makes a good motel and understand how it should be priced. Here's what you need to know to choose the best motel for sale.
How does the laundromat business look as we enter this changing environment? Is it still as easy to operate a laundry and be profitable? Is it still the American Dream Business that it has been known to be? Yes, but… Chuck Post, Laundry Advisor & Consultant initiates this BizBen Discussion post.
We are finding that many laundry buyers and investors are not being given true light to selected elements of value or there are inconsistencies in the interpretation of these elements of value. This common error needs to be addressed. In this BizBen Discussion we address many of those factors.
Are laundries good investments for buyers? Chuck Post, (at 619-227-5711 - California laundry consultant, due diligence services, and laundry buyer representation) discusses this topic with other advisors & brokers in this BizBen Discussion about laundry investments and if they are good investments.
Chuck Post a laundry consultant, specialty broker, buyer representative & due diligence advisor starts this discussion on why it's important to have an exit strategy in mind while buying a laundromat! He & others explain why this concept is so important for buyers especially in the laundry business.
However all the laundry listings are asking 4X to 5X multiple for an asking price! Is this reasonable, standard? We are are looking buy either a coin or a card laundry and want to pay a "fair" price. What factors go into valuing a laundry business these days? Multiple Advisors answer this question.
What should you look out for when buying a beauty salon business? Buyers kept asking us so I decided to go over the basics plus a bit more and discuss items like: independent contractors vs employees, inventory considerations, licensing issues, escrow considerations, and of course valuation ranges.
A business buyer asks about the viability and purchase of a home health care service and about the future of this industry - Peter Siegel, MBA takes on this question with other ProIntermediaries & Advisors on BizBen regarding the home health care industry and it's future for potential buyers.
Is a dog grooming business for you? Business broker Joe Ranieri ponders this question with BizBen viewers and answers this question along with other intermediaries and advisors. Some replies cover: brick and mortar vs. mobile, licenses & certifications, maintaining and growing a clientel, etc.
Before purchasing a car wash (quick serve or full serve) you must understand that the industry as a whole will provide you with plenty of competition. More importantly, depending on what your interests are, you will identify what type of car wash you want. We discuss this all in this Discussion.
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.
Can a seller of a small business back out of an ongoing escrow? Probably, yes, it all depends how far along the escrow is, which will dictate how messy things will get for both owner & buyer. Joe Ranieri (Southern California Business Broker) gives his feedback with others on this BizBen Discussion.
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.
Changing hands of business ownership can seem both exciting and daunting to all parties involved, but it's important that a smooth transition occurs to maintain or achieve success of the business. Here are some tips I recommend ensuring things go smoothly when buying a California small business.
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.
Should small business owners/sellers or brokers/agents give potential buyers direct access to past company tax returns and financials (profit & loss statements) either before or pre the due diligence process? Multiple ProIntermediaries and ProAdvisors discuss this topic on this BizBen Discussion.
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.
Overpricing is the number one mistake sellers and their brokers make when putting businesses on the market. Even profitable, well-managed businesses can get buried under a bad number. Brian Loring (Los Angeles County Business Broker) discusses "the tangible trap" and how to avoid it when selling.
A huge part of any exit strategy is properly planning for that moment in time when employees find out the business is for sale or, preferably, has been sold. Your workers have been kept in the dark for as long as possible. Some won't be a bit surprised. Others may be devastated.
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.
