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
$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
$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
$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
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
$67,200
Revenue
$138,000
Down
$60,000
Posting: 284941 | Available | 1/31/24
Explore an excellent business opportunity with this well-established dry cleaner plant situated in a bustling shopping center. Operating from 8 am to 7 pm on weekdays and 9 am to 4 pm on Saturdays, the business has been successfully running for approximately 40 years.
Asking Price
$60,000
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
$100,000
Revenue
$250,000
Down
Call/Email
Posting: 284420 | Available | 12/26/23
This cleaner is located in a residential area. The store has a big potentiality because the surrounding area has a university and new apartments will be built around the store. The owner is motivated to sell!
Asking Price
$125,000
Cash flow
$90,000
Revenue
$372,000
Down
65,000+SBA Loan
Posting: 281600 | Available | 12/18/23
For sale is a fully equipped dry-cleaning plant (employee-run) that is next to a national-brand grocery supermarket in a busy shopping center. McDonald's and IHop are close by. The seller has been working since 2015. This can be run as absentee. Security cameras are installed.
Asking Price
$219,000
Cash flow
$100,878
Revenue
$309,731
Down
$250,000
Posting: 281876 | Available | 10/31/23
Are you dreaming of owning your own thriving and profitable business? Look no further! This is your chance to own a fully operational dry cleaner plant that has been serving its community for more than 20 years!
Asking Price
$250,000
Cash flow
$67,200
Revenue
$276,000
Down
Cash
Posting: 283552 | Available | 10/26/23
Located inside a huge shopping center with plenty of parking and traffic. Fully equipped dry cleaner plant. Reasonable rent. Reasonable asking price. Room to improve the business.
Asking Price
$149,000
Cash flow
$150,000
Revenue
$348,000
Down
Call/Email
Posting: 282953 | Available | 9/21/23
Well-established Dry-Cleaning business located in a high-traffic shopping center on the busiest street in the city. This is an opportunity to own a dry cleaner storefront as well as a 2nd drop-off plant location in the next city over. 5 employees total, including the owner who runs the store. on a
Asking Price
$350,000
Cash flow
$96,000
Revenue
$192,000
Down
$100,000
Posting: 282633 | Available | 9/5/23
This is one of the best Dry Cleaners in the area with lots of loyal customers and ample parking. If you like the high quality of service for dry cleaning, this is the place and the location is great.
Asking Price
$100,000
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
$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
Cash flow
$96,000
Revenue
$168,000
Down
$85,000
Posting: 274818 | Available | 5/29/23
For sale is a dry cleaner plant in a shopping center next to grocery super market. The owners (husband and wife) want to retire. They have run it for 11 years. The business at this location has for 50+ years. Four (4) front parking spots are available. Hydro carbon and wet cleaning machine.
Asking Price
$85,000
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
$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
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
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
$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
$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
Call/Email
Posting: 284106 | Available | 5/29/24
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 | 5/28/24
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
$175,000
Revenue
$525,000
Down
$300,000
Posting: 276123 | Available | 5/23/24
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
$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
$96,000
Revenue
$168,000
Down
$85,000
Posting: 274818 | Available | 5/29/23
For sale is a dry cleaner plant in a shopping center next to grocery super market. The owners (husband and wife) want to retire. They have run it for 11 years. The business at this location has for 50+ years. Four (4) front parking spots are available. Hydro carbon and wet cleaning machine.
Asking Price
$85,000
Cash flow
Call/Email
Revenue
$216,000
Down
Call/Email
Posting: 286521 | Available | 5/10/24
After 11 years at the establishment, the owner, due to a health issue, wants to retire. This dry cleaner offers everything included in a full dry cleaner plant operation. The owner is seeking an aggressive operator to take over and propel this business to the next level, making it more profitable.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
$100,000
Down
$99,000
Posting: 269176 | Available | 5/10/24
This dry cleaner is offered by a long-established plant located in Silverlake, situated in an extremely heavy foot traffic plaza where customers walk in every five minutes. The drycleaning Hydrocarbon Machine, an Italian-made Union brand, is only two years old and comes with no perks.
Asking Price
$99,000
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
$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
$120,000
Revenue
$250,000
Down
$189,000
Posting: 282099 | Available | 4/29/24
This is a dry cleaning plant (without agency) at a great location. It is in a Ralph's Supermarket anchored shopping center with heavy traffic. It has had the same owner for 20 years. There is unlimited potential to grow.
Asking Price
$189,000
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
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
$60,000
Revenue
$150,000
Down
$89,000
Posting: 279004 | Available | 5/20/24
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
$89,000
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
$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
$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
$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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 274978 | Available | 5/28/24
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
Cash flow
$72,000
Revenue
$300,000
Down
$199,000
Posting: 283833 | Available | 5/27/24
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
$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
$350,000
Revenue
$700,000
Down
$25
Posting: 268038 | Available | 5/19/24
This dry cleaner with plant located for 35 years in strip shopping mall with national brand food store, gas station, banks and restaurants etc. Revenue and cash flow are excellent and all equipment is working good condition. Good book records. Seller will provide all information to qualified buyer.
Asking Price
$650,000
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
$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: 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: 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
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284591 | Available | 5/1/24
After 30 years of unwavering commitment and tireless efforts, the proprietor is prepared to embark on a well-deserved retirement. This esteemed dry cleaner has firmly established itself within the community, boasting a loyal clientele and a continuous stream of regular customers.
Asking Price
$170,000
Cash flow
$60,000
Revenue
$192,000
Down
$35,000
Posting: 283097 | Available | 5/6/24
For sale is a fully equipped dry cleaner (plant) in a heavy-traffic shopping center. It is next to a national chain grocery supermarket and bank. They have a Hydro Carbon 60lb, Sankosha shirts machine. The current owners have owned this business for 13 years.
Asking Price
$35,000
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
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ServingSouthern California
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
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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.
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.
