Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284106 | Available | 7/24/24
This is a well-established business located in a busy shopping complex and has been open for 30 years, full-service dry-cleaning and professional alternation. They have an excellent alteration business. The seller claims gross income for 2023 will be close to $300,000.
Asking Price
$200,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$75,000
Posting: 286156 | Available | 7/26/24
Prime location in a major shopping mall, adjacent to Costco and Ross, where it has been operated by the same owner for the past 16 years. This fully equipped dry cleaning plant features a 60 lbs hydrocarbon machine, two washers, two dryers, and a compressor.
Asking Price
$75,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$25,000
Posting: 286160 | Available | 7/26/24
Prime location in a bustling town shopping center, adjacent to a supermarket, and operated by the same owner for the past 16 years. This is an asset sale due to the seller's urgent health condition, providing an opportunity for a quick transaction.
Asking Price
$25,000
Cash flow
$108,000
Revenue
$225,000
Down
$199,000
Posting: 283095 | Available | 7/24/24
This is a dry cleaner for sale. It was established over 35 years ago. It is 1,294 sq. ft. They do full-service dry cleaning, professional alterations, wash, dry, and fold laundry services. It is located in a busy shopping center with a lot of parking. It has low rent and is open 6 days a week.
Asking Price
$199,000
Cash flow
$235,000
Revenue
$487,000
Down
$5,000
Posting: 287223 | Available | 7/23/24
This unique dry-cleaning business is up for sale located in the city of Fall Brook, established over 70 years ago, with pride of ownership, owned to serve customers who have established the trust to come back non-stop. It is on a thoroughfare not to miss it easily.
Asking Price
$450,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 253057 | Available | 7/23/24
For sale is a dry cleaning business in Bakersfield, Kern County, California. It is located in a very busy shopping center. Training and support will be provided and agents/brokers accepted.
Asking Price
$8,900,000
Cash flow
$450,000
Revenue
$880,000
Down
Call/Email
Posting: 287226 | Available | 7/22/24
This is a high-volume dry cleaner plant for sale. This business is approved by an SBA lender. This cleaner is located in the shopping center. Monthly Average sales are $73,000 and sales is getting better. The size of the space is 1,600 sq ft. and rent is $3,800 including CAM, water, and garbage.
Asking Price
$829,000
Cash flow
$183,616
Revenue
$386,646
Down
$100,000
Posting: 287625 | Available | 7/19/24
For sale is a dry cleaner that has been operated by the current owner for 35 years since 1989. The business has been at this location for over 40 years. It serves consulates and official customers from Spain, Germany, India, South Africa, Colombia, Mexico, Israel, Brazil, Turkiye, Chile, Egypt, etc.
Asking Price
$349,000
Cash flow
$284,085
Revenue
$852,929
Down
$25
Posting: 278637 | Available | 7/19/24
Back to market. SBA loan is pre approved. Semi-Absentee operation. High gross revenue $71,000 a month and high net profit $23,700 a month in 2023. This cleaner has had the same owner for 20 years in the plant and 5 years in the agency. All security systems of cameras are equipped.
Asking Price
$790,000
Cash flow
$160,000
Revenue
$330,000
Down
Call/Email
Posting: 278169 | Available | 7/18/24
Price lowered! For sale is a dry-cleaning plant. This cleaner is located in the fully occupied shopping center. There's no competition around 1~2 miles. The monthly sale is $27,000~28,000 and size of the store is 1,500 sq. ft, and the rent is $5,300 including CAM (water and garbage included).
Asking Price
$249,999
Cash flow
Call/Email
Revenue
Call/Email
Down
All Cash
Posting: 276005 | Available | 7/18/24
This is a dry cleaner agency for sale. This business is located in a small strip center surrounding a residential area. The rent is $2,250 including garbage and CAM. From the last 3 months, average sales were $17,000+. This agency can potentially add a wash & fold.
Asking Price
$149,999
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 287608 | Available | 7/18/24
A thriving dry cleaning business for sale in a great Riverside location specializing in wedding gowns, linens, bedspreads, as well as offering laundry service and alterations.
Asking Price
$450,000
Cash flow
$100,000
Revenue
$250,000
Down
$140,000
Posting: 287607 | Available | 7/18/24
A thriving dry cleaning business for sale in a great Moreno Valley location specializing in wedding gowns, linens, and bedspreads, as well as offering laundry service and alterations.
Asking Price
$140,000
Cash flow
Call/Email
Revenue
$255,000
Down
$299,000
Posting: 286518 | Available | 7/17/24
DryCleaner with Plant is long established in Silverlake. It is situated in an extremely heavy foot traffic plaza where customers walk in every five minutes. The Drycleaning Hydrocarbon Machine, which has no percs, is only two years old and is of Italian make Union Brand. Absentee Ownered biz.
Asking Price
$299,000
Cash flow
$170,000
Revenue
$470,000
Down
$485,000
Posting: 285555 | Available | 7/16/24
This is a successfully established dry-cleaning business for sale in Alameda County, CA. The business was established more than 35 years. It has a great reputation and it's next to Safeway, so it has very steady foot traffic. The motivated sellers are looking to retire.
Asking Price
$485,000
Cash flow
$210,000
Revenue
$420,000
Down
$200,000
Posting: 287544 | Available | 7/15/24
Available on site only for $350K per month, this is a well-established dry cleaner (not a laundromat) in a desirable area with limited competition. The business has been operated by the same owner for 10 years.
Asking Price
$270,000
Cash flow
$96,000
Revenue
$210,000
Down
$150,000
Posting: 287538 | Available | 7/15/24
This dry cleaners has been in this location for 48 years, still operated by the husband and wife who now want to retire. Available on site for only $180K, this is a nice dry cleaner with no laundromat.
Asking Price
$190,000
Cash flow
$84,000
Revenue
$180,000
Down
Call/Email
Posting: 285201 | Available | 7/13/24
For sale is a dry cleaner that is located in the best location of West Torrance, Los Angeles County, CA. The current owner has run it for 34 years and now wants to retire.
Asking Price
$140,000
Cash flow
$96,000
Revenue
$276,000
Down
Call/Email
Posting: 285933 | Available | 7/13/24
This is a dry cleaners for sale in Redondo Beach, Los Angeles County, CA. It is a good location and the current owner has been running it for 12 years (previous owner 30 years)
Asking Price
$250,000
Cash flow
$108,000
Revenue
$223,200
Down
Call/Email
Posting: 285935 | Available | 7/13/24
For sale is a dry cleaner. It is at a good location in a big shopping center in Fontana, Orange County, California. The owner has run it for 15 years.
Asking Price
$160,000
Bldg Size
Call / Email
Typical Floor Size
Call / Email
Year Built
Call / Email
Posting: 287521 | Available | 7/11/24
For sale is a mixed-use commercial property for owner use. The ground floor features a dry cleaner business, and there are two residential units upstairs. The retail space is 2,000 square feet, while the residential units are 1,150 square feet and 800 square feet, respectively.
Asking Price
$1,699,999
Cash flow
$180,000
Revenue
$420,000
Down
$329,000
Posting: 287510 | Available | 7/11/24
This dry-cleaning plant, equipped with a hydrocarbon dry cleaning machine, washer, dryer, press machine, and POS Systems, has been successfully operating for 16 years. The business is housed in a free-standing building, benefiting from low rent and a long-term lease.
Asking Price
$329,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283660 | Available | 7/10/24
For sale is a dry cleaners with a fully equipped dry cleaner plant, and is located in a huge shopping center with plenty of parking and traffic coming through. This location has a great reputation, uses a green earth drying system process, and is AQMD-free.
Asking Price
$249,000
Cash flow
$180,000
Revenue
$370,000
Down
$249,900
Posting: 280485 | Available | 7/9/24
For sale is a family-run dry cleaner that has established relationships with many corporations and casinos. This is a franchise that has no expense. There are no fees whatsoever (I.E. Royalties franchise fees etc.). It was established in 1988 and under present ownership since 2001.
Asking Price
$249,900
Cash flow
$72,000
Revenue
$300,000
Down
$199,000
Posting: 283833 | Available | 7/9/24
A dry cleaner plant is for sale. It is 2,200 sq ft. of full-service dry cleaning, professional alterations, washing, and dry & fold laundry services. It is located in a busy shopping center with plenty of parking spaces. It was recently remodeled with new equipment. It is open 7 days a week.
Asking Price
$199,000
Cash flow
Call/Email
Revenue
$127,000
Down
$55,000
Posting: 286104 | Available | 7/2/24
For sale and just listed! This is a dry cleaners drop site in a well-trafficked high-end shopping center in Folsom! Located on a main street with a heavy car count per day. It is low maintenance, a good business for an owner-operator. A five-year lease can be assigned to a new owner.
Asking Price
$55,000
Cash flow
$140,000
Revenue
$600,000
Down
$50
Posting: 270376 | Available | 7/2/24
Profitable business located in beautiful Sonoma County! After 44 years in the dry cleaning, business I am ready to retire & build my dream home. This plant is a chemical-free dry cleaner with state-of-the-art equipment with excellent growth, first in Sonoma County to be 100% natural.
Asking Price
$425,000
Cash flow
$154,000
Revenue
$311,808
Down
$120,000
Posting: 284632 | In Escrow | 7/2/24
For sale is a dry cleaning service plant that has been at the location for over 40 years near La Brea. They have a brand-new Hydrocarbon dry cleaner machine that is just over 2 years old, but the seller will pay off the buyer's machine payment fee.
Asking Price
$239,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284106 | Available | 7/24/24
This is a well-established business located in a busy shopping complex and has been open for 30 years, full-service dry-cleaning and professional alternation. They have an excellent alteration business. The seller claims gross income for 2023 will be close to $300,000.
Asking Price
$200,000
Cash flow
$72,000
Revenue
$216,000
Down
Call / Email
Posting: 277048 | Available | 1/12/23
Well established and located in the upscale neighborhood of Beverly Hills, LA County. Fully equipped. Alteration & Laundry services are offered. 2000sf store size
Asking Price
$129,000
Cash flow
$60,000
Revenue
$150,000
Down
$89,000
Posting: 279004 | Available | 6/29/24
This is one of the best dry cleaners in the area and this is well established and well-organized dry cleaner with lots of loyal customers and a great reputation. They are in high demand for their expert alterations, and always do an amazing job removing stains from clothes.
Asking Price
$75,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281262 | Available | 2/1/24
Price dropped to sell quick. For sale is a great mom-and-pop-run dry cleaner located in a major shopping center. Are you the one looking for something to break away from the 9 to 5 job and be ready to own your own business? This dry cleaner will be a great opportunity.
Asking Price
$75,000
Cash flow
$70,000
Revenue
$240,000
Down
Call / Email
Posting: 258045 | Available | 4/2/21
Well established Business in Safe Area. Stable Income. Affluent neighbors. Owner works 35 hours per week.
Asking Price
$230,000
Cash flow
$92,628
Revenue
$216,000
Down
$130,000
Posting: 284992 | Available | 2/3/24
A well-established laundromat, in operation for 20 years, is now for sale with a motivated seller (1 year). Located in a busy shopping center surrounded by single-family residences (SFR), this business benefits from a lack of competition in the area.
Asking Price
$130,000
Cash flow
$130,000
Revenue
$700,000
Down
Cash Only
Posting: 285446 | Available | 3/1/24
Introducing a well-established wholesale dry cleaner & shirt plant located in North Orange County. It is located in the large major shopping center area, the cleaner is open for 5 and half days. It is easily run and an experienced manager runs the business with tens of full time employees.
Asking Price
$279,000
Cash flow
$170,000
Revenue
$470,000
Down
$485,000
Posting: 285555 | Available | 7/16/24
This is a successfully established dry-cleaning business for sale in Alameda County, CA. The business was established more than 35 years. It has a great reputation and it's next to Safeway, so it has very steady foot traffic. The motivated sellers are looking to retire.
Asking Price
$485,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283560 | Available | 5/2/24
This is an established dry cleaning business for sale in San Francisco, CA. The owner is retiring after 20 years in the business. The business opportunity is for sale. Real estate is not part of the sale. It has a great reputation at a good location with steady foot traffic.
Asking Price
$280,000
Cash flow
$125,000
Revenue
$332,626
Down
$179,000
Posting: 285221 | Available | 7/2/24
The business at this location, established by the seller in 1986, operates with the collaboration of one employee and two brothers, making it ideally suited for a husband-and-wife team. The dry cleaner plant is open for only five days a week, from Monday to Friday. It is near Park La Brea.
Asking Price
$179,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 274219 | Available | 4/16/24
This is a dry cleaner for sale in Carmel, CA. It is at a prime location in a shopping mall, 2 minutes away from the highway. It has all machines and equipment. Their Phase 1 2 report is ready. They have had no soil contamination issues. The rent with CAM is $6,800. The monthly sales amount is $60K.
Asking Price
Call/Email
Cash flow
$100,000
Revenue
$250,000
Down
$140,000
Posting: 287607 | Available | 7/18/24
A thriving dry cleaning business for sale in a great Moreno Valley location specializing in wedding gowns, linens, and bedspreads, as well as offering laundry service and alterations.
Asking Price
$140,000
Cash flow
$140,000
Revenue
$600,000
Down
$50
Posting: 270376 | Available | 7/2/24
Profitable business located in beautiful Sonoma County! After 44 years in the dry cleaning, business I am ready to retire & build my dream home. This plant is a chemical-free dry cleaner with state-of-the-art equipment with excellent growth, first in Sonoma County to be 100% natural.
Asking Price
$425,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 276702 | Available | 6/7/24
For sale is a high-volume dry cleaner plant. The monthly sales are about $55,000-$57,000 including alterations. The size of the store is 1,700 sq. ft, and the rent is $6,000 including CAM and water & garbage. The buyer must have experience. It is up for sale because the seller is retiring.
Asking Price
$849,999
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 287608 | Available | 7/18/24
A thriving dry cleaning business for sale in a great Riverside location specializing in wedding gowns, linens, bedspreads, as well as offering laundry service and alterations.
Asking Price
$450,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 274978 | Available | 5/28/24
Established dry cleaner agency for sale in South San Jose on a shopping plaza. It is owner-operated with great service, they offer dry cleaning, wash & fold, and in-house alterations. The lease amount is $3,400 which covers water, garbage, and CAM charges. There is approximately 1,000 sq ft
Asking Price
$85,000
Cash flow
Call/Email
Revenue
$210,000
Down
Call/Email
Posting: 280101 | Available | 3/23/24
Motivated to sell! The price went down. This cleaner is in Arcadia, CA. This store sells cleaner of a full of plant with equipment and furniture. This one owned for 30 years by one owner. The rent is a reasonable number. This cleaner is located big shopping center surrounded by residential houses.
Asking Price
$89,000
Cash flow
$108,000
Revenue
$223,200
Down
Call/Email
Posting: 285935 | Available | 7/13/24
For sale is a dry cleaner. It is at a good location in a big shopping center in Fontana, Orange County, California. The owner has run it for 15 years.
Asking Price
$160,000
Cash flow
$240,000
Revenue
$450,000
Down
Call
Posting: 258308 | Available | 10/20/20
Same owner has been running for 11 years, 1500 sq. ft., 5yrs lease, Rent $4,800 included cam. 2-3 employees. Net income $20,000+ monthly. Mon-Fri. 7 to 7, Sat. 9 to 5, Gross monthly $40,000 + per month. No competition and great surroundings. All machines very good condition. POS cash register.
Asking Price
$520,000
Cash flow
$61,219
Revenue
$300,000
Down
$300,000
Posting: 285844 | Available | 6/14/24
For sale is a fully equipped dry cleaning and alteration business situated in a shopping center on a busy street. With a well-established presence of over 20 years, this location is familiar to the local community. The business operates with one part-time employee and two full-time owners.
Asking Price
$300,000
Cash flow
$108,000
Revenue
$225,000
Down
$199,000
Posting: 283095 | Available | 7/24/24
This is a dry cleaner for sale. It was established over 35 years ago. It is 1,294 sq. ft. They do full-service dry cleaning, professional alterations, wash, dry, and fold laundry services. It is located in a busy shopping center with a lot of parking. It has low rent and is open 6 days a week.
Asking Price
$199,000
Cash flow
$60,000
Revenue
$192,000
Down
$49,500
Posting: 283097 | Available | 6/17/24
For quick sale at a low price due to health concerns. Fully equipped dry cleaner (plant) in a heavy-traffic shopping center for sale. Next to a national chain grocery supermarket and bank. They have a Hydro Carbon 60lb, Sankosha shirts machine. The current owners same location for 13 years.
Asking Price
$49,500
Cash flow
$240,000
Revenue
$576,000
Down
$558,000
Posting: 284666 | Available | 5/2/24
Introducing a flourishing dry cleaning enterprise, renowned for its prompt same-day service upon request. This business boasts a GreenEarth-branded machine, ensuring a top-notch, environmentally friendly cleaning experience. Operated with dedication by the same owners for the past 29 years.
Asking Price
$558,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$25,000
Posting: 286160 | Available | 7/26/24
Prime location in a bustling town shopping center, adjacent to a supermarket, and operated by the same owner for the past 16 years. This is an asset sale due to the seller's urgent health condition, providing an opportunity for a quick transaction.
Asking Price
$25,000
Cash flow
$96,000
Revenue
$210,000
Down
$150,000
Posting: 287538 | Available | 7/15/24
This dry cleaners has been in this location for 48 years, still operated by the husband and wife who now want to retire. Available on site for only $180K, this is a nice dry cleaner with no laundromat.
Asking Price
$190,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283703 | Available | 4/16/24
This is a dry cleaners for sale on a busy street in San Francisco. This is a plant (not an agency). It has all kind of machines. The owner will retire. They have good lease terms. The gross sales are $30,000 monthly. Please have credit card statement and tax info ready to show for purchase.
Asking Price
$225,000
Cash flow
$284,085
Revenue
$852,929
Down
$25
Posting: 278637 | Available | 7/19/24
Back to market. SBA loan is pre approved. Semi-Absentee operation. High gross revenue $71,000 a month and high net profit $23,700 a month in 2023. This cleaner has had the same owner for 20 years in the plant and 5 years in the agency. All security systems of cameras are equipped.
Asking Price
$790,000
Cash flow
Call/Email
Revenue
$250,000
Down
Call/Email
Posting: 276458 | Available | 7/28/23
This is a rare combo wet and dry cleaning store in San Ramon, CA. It has been established with the owner since 2009. Stain spotting is not required. The dual-combo wet and dry cleaning process allows anyone with minimal experience to operate the business. It is open daily from 9am-6pm.
Asking Price
$325,000
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
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
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
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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.
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.
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!
Many times when buying a business there are reasons why buying stock or buying assets is the better business decision. We explore these options on the BizBen Blog Post of which option may be better depending on the circumstances of the buyer (and seller) involved in the transaction taking place.
Many business owners fail to maximize their business' value because they don't have a proper strategy in place to do so. Failure to maximize your businesses value will make it harder to attract the most qualified buyers. Have a plan that ensures your business is as attractive & valuable as possible.
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.
