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Recommended Businesses
Los Angeles County, California
Cafe Restaurant - 5 Days, In Medical Building
$ 199,000
CF : $ 125,000
Priced to sell. Cafe established in 2007. Great location on san vicente blvd, where la cienega and wilshire blvd cross. High end neighborhood 7am - 3pm - mondays through fridays. Can stay open longer hours. "cold kitchen" no hood - no grease trap - no gas lines (all electric equipment) Rent: $3,031 + nnn charges nnn includes all utilities (electricity, water, trash) Easy operation -- cafe with large profit margin: breakfast items, smoothies, fresh daily soups, salads, paninis, sandwiches, teas/coffees, etc. Loyal customer base, great yelp reviews. Very little effect from covid city restrictions Since most of client base are: building employees, patrons, high-end residential neighborhood patrons Excellent opportunity for an owner operator to own your cafe in one of los angeles most dense, upscale & populated area The cafe hours afford an ideal lifestyle for a business owner, or a parent of a young family, or semi retired past restaurant owners who want to keep active and want to scale back to an easy operation or want to go back to active life, ideal for young entrepreneurs first business, The hours give you free evenings, weekends and holidays off! Truly turnkey with great layout, clean, good vibe cafe in a medical building near cedars sinai hospital. Opportunities to grow this business: *add new food offerings, your imagination, your menu *stay open a few more hours per day & catch the last people in the building (employees, patrons or patients) who leave work and the building up to 6pm. *add dinner deliveries in this hip and upscale neighborhood. *advertising to the immediate area: residences, shoppes & the adjacent office buildings. Sales price includes 1. All furniture, fixtures, equipment, 2. About $2,000 of food inventory, 3. All transferable permits, 4. Recipes and more, 5. Business name, phone number, email address, all social media accounts associated with this business, 6. Non compete agreement Full training and support. * landlord may add one or two 3 years option for a qualified new tenant. * space size is approx. 995 sq. Ft. * occupancy approximately 36 seats. * no hood, no grease trap, no gas lines - all electric equipment. * fully equipped. * turnkey and beautiful. * 5-day business, hours are from 7am to 3pm, monday thru friday. * closed on saturdays, sundays and holidays. * plenty of parking -- in building and the streets. * business created in 2007 - about 13 years ago. * excellent reputation - great yelp reviews. Landlord will accept a qualified tenant with restaurant/cafe experience and be a us citizen or with a green card.
Van Nuys, California
Bakery, Meat & Deli, Fresh Grocery
$ 165,000
This is a very unique opportunity to own a growing business inside a busy shopping center. Newly remodeled and upgraded Bakery & Fresh Grocery Store, Meat & Deli market and a convenience store serving the entire community and located in prime location in Van Nuys. In 5 months this business has been the buzz in Van Nuys thanks to the Fresh Baked Breads, and Mediterranean cuisine & faire. Sales have been very strong the first 5 months with several days in the 1,200 range per day. Facilities: The space is beautiful with a 10 door refrigerator covering one side of the store and a 20 foot meat and deli section. The facilities also has a 6' X 6' walk in refrigeration systems to keep meats and veggies fresh. Growth and Expansion: The ovens can also be used to make pizzas in addition to baked goods and also prepare and serve hot sandwiches and expand into catering. Support/Training: Yes Year Established: 2012 Employees: 2 full time and 1 part time SQFT: Approx. 2200 Parking: Plenty of parking spaces The seller is motivated to sell the business and newer FF&E and tenant improvement are included in sale. Seller is Transitioning into a new venture. Van Nuys Los Angeles.
Vacaville, California
CPA Tax Firm
$ 100,000
CF : $ 60,000
Well established CPA firm located on main thoroughfare into downtown area with great signage to attract attention during tax season. This practice boasts an average 150 clients requiring individual and business tax returns. One client makes up for >10% of revenue and requires a licensed CPA to maintain relationship. Owner is looking to retire but is willing to remain on for a while and has indicated interest in consulting for new owner if required during the next tax season. Facilities: Current lease is in shared space; 3 years remaining; landlord is flexible and easy to work with Competition: Current practice is located on main thoroughfare through town; great signage; walk in traffic is the norm Growth/Expansion: Plenty of opportunities to expand business with marketing and referral network Financing: Negotiable Support/Training: Current CPA is willing to stay on board even during the next tax season as a consultant if needed Reason Selling: Retirement
Encinitas, California
Acupuncture Service - Medical Practice
$ 134,599
CF : $ 80,000
Unique opportunity to own a lucrative, half-cash practice in the gorgeous Southern California coastal community of Encinitas. Acupuncture Continuum Inc. (Acupuncture Continuum), currently the acupuncture practice of Karen Sulger, L.Ac., is in north San Diego County just a few minutes from the beach. Perfectly located with very low rental costs, the beautiful practice serves the area's highly health conscious and affluent population. Acupuncture Continuum is well established and enjoys a sterling reputation for clinical efficacy. With nearly 25 years in the area, the practice also maintains strong relationships with referring MDs, particularly in the medical complex from which it operates. Even in the midst of Covid, return business remains consistent and there is a steady influx of new patients. The opportunity to run an abundant practice drawing from a major metropolitan area is available now. Imagine making close to $200,000 per year, working three days per week and with plenty of time off for vacation. No additional marketing necessary the established reputation of this 23-year-old practice maintains a steady flow of new patients and loyal return patients. Low overhead (including very low rent), years of records, substantial cash clientele and consistent patient flow mean that a new owner can expect to keep costs low. Add more hours, hire associates, and/or expand marketing, and you have the chance to add even more success to an already prosperous practice. Whether you are fresh out of school or an experienced clinician, Acupuncture Continuum offers the chance to hit the ground running. This is a turn-key opportunity to run a successful practice in one of the most sought-after, tranquil, prosperous areas in the country. Call or email today, come by and spend some time at the clinic, and see for yourself. As the new owner, you could be thriving in just a few short months. The Setting The City of Encinitas is located 25 miles north of San Diego and is part of the greater San Diego Metropolitan Area. It has a population of just over 60,000, with easy access to over 3 million others who live in San Diego County. Recently named among the twenty best surf towns in the world by National Geographic, Encinitas wears its surf history proudly. Located along six miles of pristine Pacific Ocean coastline, the town is an unspoiled reminder of the historic Highway 101 beach culture. With the perfect climate year-round, the city is a very popular weekend outing and a great place to live. Locals find all they need from the city's eclectic downtown, with its unique and dynamic blend of San Diego's top surf shops, amazing restaurants, coffeehouses and record stores. Kids love nearby Legoland theme park, Sea Life Aquarium, and San Diego Zoo and Wildlife Park. The clinic is located in a large medical office complex, easily accessible from the freeway. The well-designed office consists of a good-sized lobby and reception area; four treatment rooms (possible to set up a fifth); a staff office area; ample shelving for the extensive herbal apothecary and storage, and a bathroom. The space is modern and tastefully decorated, and each treatment room has its own speakers for music, a floor heater, and dimmable lighting. The most Covid-wary patients have the option to enter and exit one of the treatment rooms through its own dedicated entrance, bypassing the reception completely. Parking is free and easy here. The decades-old practice maintains longstanding relationships with nearby health providers and the local community from which it receives many referrals. Patient Demographics Ms. Sulger describes the clinic's clientele as 'absolutely wonderful,' she is grateful for the way the clinic has attracted such warm, caring and conscientious people. While the current owner treats a very wide range of conditions, she also has three specialty areas: (1) fertility and women's health concerns, (2) pain, and (3) facial rejuvenation. Most of the current patient load consists of professionals between the ages of 25 and 70. There has been a substantial uptick in fertility patients during Covid, as more couples are trying to conceive at this time. The clinic has averaged between 40-50 patient visits per week and has over twenty years of patient files. Overhead costs remain low, with about half of patients paying in full at the time of their visit, with the remainder using insurance. Typically, patients are from communities within 25 miles of the office. Given the practice's long history in the area, most are referred by word-of-mouth and local allied practitioners, while some come through insurance panels and the clinic's strong online presence (all 5-star reviews on Yelp and top-of-page in Google and Google Maps search engine optimization (SEO) has been a steady priority, and these SEO efforts have paid off). The current owner is also happy to provide years of past calendars to prove consistent patient volume. Modalities Utilized Treatments currently consist of acupuncture, cupping and moxa, as well as herbal medicine and supplements. In addition to using standard acupuncture and traditional Chinese medical techniques, Ms. Sulger also uses the Richard Tan Balance Method and Master Tung points for pain and orthopedic conditions. That said, clients seek the practice because it is known for clinical efficacy; they are not usually seeking a specific style of acupuncture or needling. Income and Expenses The following income and expense summaries are derived from an average of income and adjusted* expenses from 2017-2019. Note that Ms. Sulger has office hours only three days per week and takes up to three weeks off per year. Income Average gross yearly revenue: $190,400+ ($15,860+/mo) Expenses Average adjusted expenses: $102,918 yearly ($8,576/mo) *Adjusted expenses are the net expenses that a new owner would have to take on in order to run the business at the same level of revenue as the current owner. Net Profit: Average $87,491 per year (~$7,290/month) Pricing and Terms $139,500 OBO. The price is based on a conservative professional valuation of just over $140,000, with an average yearly gross of about $190,000 for the past several years. The owner's motivation to sell in a timely fashion (due to her impending retirement) has allowed her to generously factor in a potential discount for attrition and start-up costs on change of ownership. She expects the right person will retain her patients and transition smoothly, making this a great opportunity for the buyer. The purchase will be structured as an asset purchase agreement and may be drawn up between buyer and seller (preferred) or by attorneys, at the discretion and by agreement of both parties. Approval of the buyer is subject to a credit check, and loans from medical practice brokers, banks, or the Small Business Administration (SBA) may be available to finance the transaction depending on the buyer's creditworthiness. Upon purchase, the new owner will receive all patient records, furniture and equipment, the large herbal inventory and high-tech Covid safety equipment (including a UV air sanitizer and HEPA air purifier). The current owner will also transfer to the new owner all clinic-related intellectual property, including the clinic phone number, website, claimed Yelp and Facebook pages, AcuBase EHR and billing system, MailChimp email system, email list, and clinic-related financials. The practice currently employs one part-time office manager who expertly bills insurance, markets, schedules and performs many other office tasks. She is an exceptional worker and may be willing to stay on with the practice at the discretion of the new owner. The landlord is willing to transfer the lease (which is amazingly below-market), and the current owner will facilitate interaction with the landlord in order to secure favorable lease terms. Currently the owner has three month-to-month part-time subletters that reduce the monthly rent even further. A future owner could keep the subletters on or choose to take on the entirety of the rent (which is incredibly low) to expand their own practice. The current owner's goal is to surrender the practice by the end of March 2021. She would be willing to stay on for a limited time to assist in the transition and make introductions to the clientele, if so desired by the new owner, at no additional cost. Opportunities for Growth While the current practice nets a healthy return (even working part-time), a motivated buyer could significantly increase their income upon acquisition through a number of simple changes. * Work more hours. The current owner has office hours only three days per week, so there is plenty of room to expand business hours. There are also part-time subletters whose space could be taken back as needed, all of which would increase revenue. * Bring on other practitioners. In addition to or in lieu of working more hours, the practice could easily support at least two or more providers, either as contractors or as employees. * Reduce office manager hours. The current office manager expertly runs the office on the three days that the current owner works. The new owner could opt to take on some of her tasks to reduce payroll costs and increase net income. * Expand marketing efforts. The practice has an excellent web presence, sends monthly emails to its email list, and keeps up relationships with physicians and other healthcare workers. There is room to do much more such as networking with even more MDs and promoting highly profitable facial rejuvenation but the clinic has been busy enough that these resources have not often been leveraged. * Improve online presence. Blogging, enhancing the website, cultivating a social media presence, implementing pay-per-click, and increasing the frequency of email marketing all hold great potential to increase awareness of the clinic and thereby generate mor
Valley Village, California
Restaurant With Beer And Wine License 41
$ 300,000
Fully equipped -- price to sell at asset sale value - make an offer! 2,799 sq.ft 99 seats + room to add large patio with seating Rent: $6,100 +nnn Lease: until 2020 + one (1) ten (10) years option 6 full time employees 6 part time employees Established business with loyal clientele. 50% in dining - 50% catering and to go and delivery orders Can convert to another style of cuisine. Owners are retiring thus a great opportunity to take advantage of this outstanding business. Landlord encourages adding a patio outside Previously listed with another agency - reduced $50,000 - price to sell -- price of an asset sale, although profitable - make an offer - owners need to retire due to health reasons.
San Bernardino County, California
Full Service Salon
$ 49,000
CF : $ 17,000
This well-established salon is located in a newly remodeled shopping center in San Bernardino County. The center is anchored by a major fitness club, and has many popular fast food restaurants and retailers that draw customers! The 1,600 square foot salon features 8 hair stations, 3 shampoo bowls, 5 hair dryers, 1 facial room, plus a laundry room, a storage room, and a break area. The facial room comes equipped with a table, steamer and towel warmer. The loyal, long-term staff consists of 1 part-time, and 4 full-time cosmetologists, and 2 full-time barbers, all of which are on a rental basis. The salon caters to families, and offers hair cuts, styling, color, highlights, permanents, hair straightening, as well as, men's hair cuts, fades and outlines. There are opportunities to grow the business by filling the remaining hair stations and aesthetician room, selling hair care and skincare products, marketing the salon, and adding a website. The owner is selling the salon because she would like to slow down. She is willing to stay and rent a station if the new owner would like.
Orange County, California
Childrens Salon
$ 49,000
CF : $ 24,000
Located in a busy shopping center next to a heavily trafficked street, this children’s hair salon get plenty of foot traffic from the adjacent businesses! The 1,200 square foot shop has six stations, two shampoo bowls, and a waiting area with toys. Two of the stations have special seats, (a car and a motorcycle) to keep the younger children entertained while they are getting their hair cut. There are 3 stylists who help with the steady customer flow, especially from the local elementary and middle schools. In fact, the schools help promote the shop thru the PTA’s! They have a clientele of 85-90% children but they also do adults, so the parents can have their hair done when their children are getting their hair cut. They do Japanese hair straightening and do up-do’s for weddings and proms. The shop is gets very busy around back-to- school, Christmas, and Easter. To help draw more clientele, the shop is starting up birthday parties for girls, where they can each have their hair and nails done. Professional hair care products made specially for kids, as well as adult products are also sold in the shop. The owner is selling because of health reasons, and she wants to spend more time with her son.
Los Angeles County, California
Clothing And Custom Tailoring
Call/Email
This Upscale Men’s Clothing Store Was Established Over 40 Years Ago, When Its Founder, An Ambitious Young Tailor, Emigrated From Italy. In The Years That Followed, He Built One Of The Finest Men’s Clothing And Custom Tailoring Business In Southern California! The Shop Sells Designer Suits, Sports Coats, Slacks, Sweaters, Ties, Dress Shirts, Outer Wear And Shoes Imported From Italy, Canada, Germany, And France. It Also Sells Top-Quality Casual Wear Such As Tommy Bahama, And Sells And Rents Tuxedos. Approximately 10% Of Sales Comes From Its Custom Tailoring Of Shirts, Slacks, Pants, Casual Clothing And Suits. The Owner And His Very Long-Term Employees Provide Such A High Level Of Customer Service, That The Affluent Clientele Are Not Only From The Southland, But From Out Of State! Even Celebrities Stop In For A Bit Of Custom Tailoring! The Store Has A Very Strong Brand-Name, As Well As An Excellent Reputation For Its High-Quality Clothing And Service, That It Has Very Little Competition. As The Owner Only Works 10-15 Hours Per Week, The Business Is Run Quite Successfully With The Manager, The Owner’s Son, And The Loyal, Long-Term Employees. The Owner Is Selling Due To Retirement And An Illness In The Family. Approximately 750,000 In Inventory Is Not Included In The Sales Price, But Is Available At An Additional Cost.
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