Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 274978 | Available | 4/28/24
5 stars review 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
Posting: 286292 | Available | 4/27/24
One of my clients is looking for a full dry cleaners, netting $12,000~$15,000 per month in Santa Clara county and Southern San Mateo County around Menlo Park or Palo Alto. Rent should not be more than $7,000. I have established a great relationship with the client as I brokered one in 10 years ago.
Cash flow
$78,000
Revenue
$240,000
Down
$100,000
Posting: 286222 | Available | 4/22/24
This is a great opportunity to own a well-established and outstanding dry cleaner at a very reasonable price. This dry cleaner is one of the best in Agoura Hills, and it is very well-established and organized. They always get the job done right and on time.
Asking Price
$100,000
Cash flow
$84,000
Revenue
$180,000
Down
Call/Email
Posting: 285201 | Available | 4/20/24
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
$60,000
Revenue
$220,000
Down
$79,000
Posting: 281798 | Available | 4/17/24
This is a dry cleaner plant for sale that was established in 1996. They do full-service dry cleaning and professional alterations. They also have wash, dry, and fold laundry services, and also repair shoes and purses. It is 1,700 sq. ft and the rent is $5,600 including NNN and water.
Asking Price
$79,000
Cash flow
$72,000
Revenue
$300,000
Down
$199,000
Posting: 283833 | Available | 4/17/24
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
Call/Email
Down
$40,000
Posting: 286160 | Available | 4/17/24
The store has been excellently located at a town shopping center next to the supermarket for the last 16 years, under the same owner. Due to the seller's urgent health issue, it's an asset sale and a quick sale. There is great potential for buyers who have experience in alterations.
Asking Price
$40,000
Cash flow
$118,800
Revenue
$360,000
Down
$280,000
Posting: 286159 | Available | 4/17/24
In 2005, the current owner built this dry cleaner operation from the ground up in an affluent neighborhood of multimillion-dollar homes in North Orange County, California. It is situated within a modern and low-maintenance business complex among other high-traffic businesses.
Asking Price
$280,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$80,000
Posting: 286156 | Available | 4/17/24
The business has been excellently located at a major shopping mall next to Costco and Ross for the last 16 years under the same owner. The dry cleaning plant is fully equipped with a 60 lbs hydrocarbon machine, two washers, two dryers, and a compressor.
Asking Price
$80,000
Cash flow
Call/Email
Revenue
$350,000
Down
Call/Email
Posting: 280696 | Available | 4/16/24
For sale is a dry cleaner plant (only 1 plant, no agency, no wholesale) in the San Francisco downtown area on a busy street near the bus stop. The owner is ready to retire. Credit card statements and tax returns are ready with monthly sales of $30,000.
Asking Price
$148,000
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
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
Call/Email
Revenue
N/A
Down
Call/Email
Posting: 286146 | Available | 4/16/24
This business for sale is an established dry cleaner with a 30-year history. This is a fully equipped dry cleaner located in the heart of La Jolla with a loyal customer base. Business was down during COVID, but is recovering to pre-COVID sales. Visibility is great with high traffic.
Asking Price
$59,000
Cash flow
Call/Email
Revenue
$108,000
Down
$25,000
Posting: 286140 | Available | 4/16/24
A dry cleaner agency in Norco is available for sale. This operation is helper-run and operates with 100% absentee employees. The current owner has been in possession for 5 years and also owns a dry cleaner's plant in Corona.
Asking Price
$25,000
Cash flow
$160,000
Revenue
$330,000
Down
Call/Email
Posting: 278169 | Available | 4/11/24
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 $30,000+ and size of the store is 1,500 sq. ft, and the rent is $5,300 including CAM (water and garbage included).
Asking Price
$279,999
Cash flow
N/A
Revenue
N/A
Down
$1
Posting: 282234 | Available | 4/8/24
For sale is a fully equipped dry cleaning plant for just $1.00. Yes, just for one dollar! I am looking for someone who would take over the store and the lease that expires in 18 months. It would cost at least $150,000 to set up a dry cleaning plant like this today.
Asking Price
$1
Cash flow
$108,000
Revenue
$223,200
Down
Call/Email
Posting: 285935 | Available | 4/1/24
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
$96,000
Revenue
$276,000
Down
Call/Email
Posting: 285933 | Available | 4/1/24
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
$61,219
Revenue
$300,000
Down
$300,000
Posting: 285844 | Available | 3/26/24
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 253057 | Available | 3/24/24
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
$120,000
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
$180,000
Revenue
$370,000
Down
$249,900
Posting: 280485 | Available | 3/21/24
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285757 | Available | 3/21/24
For sale is an established laundry business with 60 years of tradition. It is a standalone business with ample parking space behind the laundry and public parking available in the front and back of the building.
Asking Price
$100,000
Cash flow
$132,000
Revenue
$288,000
Down
Call/Email
Posting: 282167 | Available | 3/21/24
If you like the high quality of service for the dry cleaning, this is the place and this is the perfect location for the dry cleaner. This is one of the best dry cleaners in the area and this is well established and well organized dry cleaner and the sales keep going up now.
Asking Price
$139,000
Cash flow
$130,236
Revenue
$697,428
Down
$599,900
Posting: 281402 | Available | 3/19/24
This well-established multi-store cleaner has been in operation since 1989. They are providing dry cleaning, laundry, and alteration services, approximately 40% of revenue is now derived from their pick-up and delivery route program. Revenue has returned to pre-pandemic levels (2019).
Asking Price
$599,900
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283660 | Available | 3/18/24
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
$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
$199,000
Revenue
$425,000
Down
Call/Email
Posting: 258531 | Available | 2/27/24
This great location is located in the Central Gardena on the busy street next to Bank of America. It is a free-standing building with ample parking space. This is a well-established dry cleaning business. The business includes machines and equipment.
Asking Price
$350,000
Cash flow
$175,000
Revenue
$525,000
Down
$300,000
Posting: 276123 | Available | 5/11/24
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: 284106 | Available | 5/15/24
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
$170,000
Revenue
$470,000
Down
$530,000
Posting: 285555 | Available | 5/13/24
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
$530,000
Cash flow
$125,000
Revenue
$332,626
Down
$179,000
Posting: 285221 | Available | 5/2/24
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
$60,000
Revenue
$156,000
Down
Ask
Posting: 268736 | Available | 7/24/21
The current owner has been running this outstanding business for 25 years and is ready to retire. This is a great opportunity for an aggressive owner operator to take over this well organized cleaner and take it to the next level. This cleaner has an outstanding reputation. Loyal clients.
Asking Price
$125,000
Cash flow
Call/Email
Revenue
Call/Email
Down
All Cash
Posting: 276005 | Available | 5/9/24
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: 284508 | Available | 1/4/24
Established for more than 35 years in the same prime corner location of a prominent shopping center, this dry-cleaning plant has built an excellent reputation in the local community for dependable top-class service for all your dry-cleaning needs.
Asking Price
$95,000
Cash flow
$92,400
Revenue
$228,000
Down
$120,000
Posting: 278076 | Available | 8/2/23
This is a dry cleaner plant that has equipment like a hydrocarbon dry cleaning machine, washer, dryer, press machine & POS system. The owners have two locations and want to concentrate on one site. This business has been here for 30 years and the owners have been here for 3 years.
Asking Price
$120,000
Cash flow
Call/Email
Revenue
$125,000
Down
$70,000
Posting: 286104 | Available | 5/14/24
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
$70,000
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
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
Call/Email
Revenue
N/A
Down
Call/Email
Posting: 286146 | Available | 4/16/24
This business for sale is an established dry cleaner with a 30-year history. This is a fully equipped dry cleaner located in the heart of La Jolla with a loyal customer base. Business was down during COVID, but is recovering to pre-COVID sales. Visibility is great with high traffic.
Asking Price
$59,000
Cash flow
$120,000
Revenue
240,000 to 260,000
Down
$180,000
Posting: 276777 | Available | 10/10/22
Great location in a busy shopping centre with Starbucks, See's Candies, Denny's, Chase Bank, Sprouts market, and Coming soon a Target store. The current owner had this business since 1991 with an affluent neighbour. They have been in the dry cleaning business for 31year. The owner wants to retire.
Asking Price
$240,000
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
$84,000
Revenue
$228,000
Down
Call/Email
Posting: 235794 | Available | 4/29/24
For sale is a dry cleaner that is an excellent opportunity for an aggressive owner-operator to take over this well-established and outstanding business and take it to the next level. It has a hydrocarbon machine and is in a good location with well-established systems. Just reduced the price!
Asking Price
$179,000
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
$78,000
Revenue
$240,000
Down
$100,000
Posting: 286222 | Available | 4/22/24
This is a great opportunity to own a well-established and outstanding dry cleaner at a very reasonable price. This dry cleaner is one of the best in Agoura Hills, and it is very well-established and organized. They always get the job done right and on time.
Asking Price
$100,000
Cash flow
$199,000
Revenue
$425,000
Down
Call/Email
Posting: 258531 | Available | 2/27/24
This great location is located in the Central Gardena on the busy street next to Bank of America. It is a free-standing building with ample parking space. This is a well-established dry cleaning business. The business includes machines and equipment.
Asking Price
$350,000
Cash flow
$80,400
Revenue
$216,000
Down
$70,000
Posting: 278073 | Available | 2/3/24
For sale is a fully-equipped dry cleaner in a shopping center. The owners want to retire. This location has been well-known to neighbors. There are 2 part-time employees and a 1,600 sq ft. Hydro Carbon. They have steady gross and net profits, clean books, and records. No environmental issues.
Asking Price
$70,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285757 | Available | 3/21/24
For sale is an established laundry business with 60 years of tradition. It is a standalone business with ample parking space behind the laundry and public parking available in the front and back of the building.
Asking Price
$100,000
Cash flow
$132,000
Revenue
$288,000
Down
Call/Email
Posting: 282167 | Available | 3/21/24
If you like the high quality of service for the dry cleaning, this is the place and this is the perfect location for the dry cleaner. This is one of the best dry cleaners in the area and this is well established and well organized dry cleaner and the sales keep going up now.
Asking Price
$139,000
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
Call/Email
Revenue
$240,000
Down
$90,000
Posting: 279488 | Available | 3/6/23
Owner absentee operation. Clean book & records. The business has been for 19 years since the year 2004. In the shopping center. Located next to a grocery supermarket (National chain).Fully equipped. Hydrocarbon dry cleaner machine.
Asking Price
$90,000
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
$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
$108,000
Revenue
$225,000
Down
$199,000
Posting: 283095 | Available | 5/4/24
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
Call/Email
Revenue
$240,500
Down
Call/Email
Posting: 280564 | Available | 5/3/23
Super White Cleaners is a full-service Dry Cleaner and fluff & fold laundry service. Located in a busy shopping center anchored by Smart & Final.
Asking Price
$190,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 278575 | Available | 1/25/23
Well, Established Dry Cleaner located right outside of the Naval Station. All New Equipment. The owner wants to retire.
Asking Price
$70,000
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
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
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
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
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
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.
Laundromats undeniably represent a fantastic business opportunity. They offer high returns and require minimal hours, making them an attractive investment. Even during severe economic downturns, laundromats prove resilient as they provide an essential life service, but why do laundromats fail?
For Laundromat investors looking to enter the industry, these are challenging times. This significant industry that is surging due to "smarter" equipment, cleaner spaces, more staff, & the larger payback for offering a better customer experience. But, brokers & sellers have unrealistic valuations.
The coin-operated laundry business has undergone significant changes, evolving beyond its traditional model. Laundromats are now transforming into comprehensive "laundry businesses." This shift reflects a broader approach that goes beyond mere self-service coin-operated machines.
A business buyer in the BizBen ProBuy Program asks how to handle the inventory amount in the purchase price of a business. Other questions answered in this article: Do you add the inventory value to the business value? Should the owner be expected to take back a note for the value of the inventory?
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.
Most business acquisition financing strategies involve borrowing money to meet the purchase price. But an entirely different approach, equity sharing, is sometimes pursued if borrowed money is not wanted, or is not available to complete the purchase. Peter Siegel, MBA - BizBen.com covers this topic.
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.
Buying a small to mid-sized business can be a confusing and/or frustrating process for many buyers. Statistics show that over 80% of all buyers never end up buying a business. The ProBuy Program assists potential buyers with the process of finding, evaluating & buying a small to mid-sized business.
Peter Siegel, MBA discusses buyers who want to buy a business or franchise know about asking the seller to provide part of the financing with a carry-back note. Many business buyers need some cash to help fund the down payment and for working capital. Here are four ideas about how to get that money.
With the multitude of factors that come into play when deciding the appropriate time to inform your employees that your business is for sale, I do not offer a standard or general answer. When sellers consult me as to my opinion on when it is the right time, I like to review the major issues that...
What are actual adjusted net earnings (cash flow) of a small business being purchased with business acquisition SBA Loan financing? That's an important amount that lenders need to know. Peter Siegel, MBA (BizBen.com, SBALoanAdvisors.com Founder) reviews this important concept with BizBen Blog users.
Selling a business is hard enough but using the wrong word, text, and strategy can really delay or outright kill a campaign to sell a small business successfully. Peter Siegel, MBA Founder of BizBen.com shares what words, phrases, and strategies work (and not) when selling a small business online.
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.
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.
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.
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.
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.
A business buyer in our ProBuy Program searching to buy a business asked me to sum up what I though the biggest mistakes business buyers make when they search for and bought a small business. I asked ProIntermediaries on BizBen their thoughts on the matter and received a diverse response.
It is not uncommon for business Owner/Sellers to get uncomfortable when a potential Buyer requires a SBA loan to purchase the Seller's business. Often times Owner/Sellers will say "the Buyer is the one getting the loan; why am I the one under the microscope?" This blog post addresses this topic.
Depending on the type of business being sold, a month-to-month situation can be severely detrimental to the value of the business. Peter Siegel, MBA Founder of BizBen (and Lead Facilitator at BizBen) explores the issue of month to month leases in this blog/article.
Throughout the recession, it was very difficult to get approved for business purchase financing. If you are considering incorporating some alternative funding sources in your next small business acquisition, here is what you need to know to protect yourself and your investment.
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.
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.
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.
