Status: Off The Market
Posting ID: 270177
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Asking Price
NOTE: This BizBen Posting #270177 Excavation Company - Turn Key in Seattle, King County is currently INACTIVE Today (Either: It's In Escrow, It's Sold, or Is Off The Market Temporarily) - Please See Today's ACTIVE Postings below that match this posting's attributes. For your convenience there are also helpful links below to assist you in your search to buy or sell a small to mid-sized business that matches your criteria. Thank you for using BizBen.com.
Attributes:
Cash flow
$1,000,000
Revenue
$3,900,000
Down
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Posting: 286667 | Available | 5/21/24
This family-owned and operated Company provides full-service plumbing, excavation, heating/cooling, and remodeling services. They've been serving homeowners in the Indianapolis metro and surrounding suburbs with a strong focus in Carmel, Greenfield, and Greenwood neighborhoods.
Asking Price
$4,500,000
Cash flow
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Revenue
$10,000,000
Down
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Posting: 277083 | Available | 12/13/22
Well established leader in contractor demolition. Concrete demolition and excavation company with more than 30 years of exceptional business track record vetting buyers. 10 million+ in annual sales. Buildings, roads, bridges, runways, and general construction projects with over a 35-year record.
Asking Price
$10,000,000
Cash flow
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Revenue
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Posting: 278705 | Available | 8/1/23
An established 51-year family-run Allstate agency is located in one of the Greensboro area's great communities. This $3.5M earned premium agency consists of a preferred auto/homeowner customer base with an excellent opportunity for growth in cross-sales as well as life/financial services.
Asking Price
$890,000
Cash flow
$406,164
Revenue
$1,810,626
Down
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Posting: 286258 | Available | 4/25/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,250,000
Posting: 223555 | Available | 5/8/24
The buyer is looking to buy I-20 private schools (elementary, middle, or high school) and colleges in California. The buyer has no budget.
Cash flow
$70,000
Revenue
$225,000
Down
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Posting: 286185 | Available | 4/18/24
A trucking company was established in 2015, equipped with Amazon Relay access and a solid relationship with brokerage houses. It holds a two-year-old MC number, boasting clean inspections and low insurance rates. Furthermore, it has a history of Amazon access and established partnerships.
Asking Price
$50,000
Total Investment
$200,000
Min Liquid Cash
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Net Worth
N/A
Posting: 284296 | Available | 5/21/24
More than just a business opportunity. Own a profitable business in one of the least saturated industries in the country even if you have no experience. The thousands of people who win law suits daily are all your potential customers.
Franchise Fee
Call/Email
Cash flow
$1,970,838
Revenue
$2,738,419
Down
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Posting: 281975 | Available | 9/1/23
Our client is a unified real estate property cloud-based software technology. The seller is the inventor of a patented lock/unlock, video access and building management platform. Our client is currently live in 170+ buildings nationwide, primarily in NY and NJ.
Asking Price
$10,000,000
Cash flow
$711,363
Revenue
$2,552,002
Down
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Posting: 285622 | Available | 3/12/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$2,450,000
Cash flow
$250,000
Revenue
$1,230,000
Down
$550,000
Posting: 286617 | Available | 5/17/24
This laboratory is located in Seattle, Washington, in the nice property of 4,000 Sq.Ft. leased until 2026. Lease is about $10,000/month (all NNN included). The business was established 1981 as a Washington LLC.
Asking Price
$1,100,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 286013 | Available | 4/5/24
This a type 20 Off-Sale Beer and Wine license for sale in every county of California. Issued to retail stores. Authorizes the sale of beer and wine for consumption off the premises where sold.
Asking Price
$8,000
Bldg Size
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Typical Floor Size
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Year Built
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Posting: 285923 | Available | 4/1/24
Price reduced for quick sale. Commercial property for sale that is currently used as a smoke shop. Asking price includes the commercial property and the smoke shop business. Inventory is not included, and it will be plus. Motivated seller and he is willing to look at all reasonable offers.
Asking Price
$499,000
Posting: 251931 | Available | 1/30/23
A high volume gas station is wanted for a client with $1,500,000 - $2,000,000 cash to invest. The station must be pumping over 100,000 gallons monthly with good margins. A new gas station development site will also be considered as well.
Cash flow
$1,123,820
Revenue
$19,230,455
Down
$4,250,000
Posting: 278395 | Available | 3/11/24
This full-service independent grocery store is located in the foothills of the Northern California Gold Country. Well established in the community, this store features full meat, bakery, deli, and floral department. With an average of over $1 Million in EBITDA, this opportunity is perfect.
Asking Price
$4,250,000
Cash flow
$324,000
Revenue
$2,320,000
Down
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Posting: 283353 | Available | 5/17/24
It had a strong pandemic recovery with a long-term lease. This opportunity is a turnkey opportunity! Denny's Inc. has over 1,600 quality full-service Denny's restaurants across the United States. 1 million dollars net worth with at least $500K liquid. Restaurant experience required.
Asking Price
$885,000
Cash flow
$36,000
Revenue
$140,000
Down
$45,000
Posting: 286316 | Available | 4/29/24
This great one-stop shop offers private mailbox rentals, packing, UPS, FedEx, USPS, and much more. This mailbox store is definitely a hidden and undiscovered gem. The store is the nicest, most professional, outstanding, and caring mailbox rental and shipping center.
Asking Price
$45,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$50,000
Posting: 285040 | In Contract | 3/14/24
We have an amazing opportunity to acquire a low cost ($50,000) fully licensed home health agency located in Burbank (Los Angeles County). The seller is in the healthcare industry, and she had initially intended to operate this agency but is now selling it.
Asking Price
$50,000
Cash flow
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Revenue
Call/Email
Down
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Posting: 286546 | Available | 5/21/24
For sale is a home health care agency in Glendale, Los Angeles County, California that is ready to operate.
Asking Price
$175,000
Cash flow
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Revenue
Call/Email
Down
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Posting: 285010 | Available | 5/3/24
A gas station with a convenience store is for sale, and the sale includes the land. The station has diesel tanks with double walls, though one 16K gallons tank needs replacement.
Asking Price
$2,750,000
Cash flow
N/A
Revenue
N/A
Down
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Posting: 282109 | Available | 8/10/23
Well-established Allstate agency, with almost 3 yrs in the same location. Located just off a main road in Marrietta, GA; the book consists of a preferred auto/homeowner customer base with excellent opportunity for growth in cross-sales as well as life/financial services.
Asking Price
$679,000
Cash flow
$275,261
Revenue
$1,057,457
Down
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Posting: 280072 | Available | 2/8/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$875,000
Cash flow
$685,000
Revenue
$1,477,569
Down
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Posting: 284722 | Available | 4/4/24
For sale is a highly profitable and highly respected consulting company specializing in change management. Hit the ground running and start realizing immediate ROI with this well-established management consulting company.
Asking Price
$1,700,000
Cash flow
$421,093
Revenue
$1,978,211
Down
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Posting: 285617 | Available | 5/23/24
Asking Price: $1,000,000 with assumption of $350,000 in vehicle financing. FedEx Ground Routes for Sale: Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Business has seen double digit organic growth since inception
Asking Price
$1,000,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284864 | Available | 5/14/24
Just listed for sale! This is a well-established massage and spa salon in Carmichael with the employee's break room and 5 private rooms fully furnished and operational: 2 massage rooms, an esthetician room and a medical esthetic room. Business has a long-built clientele.
Asking Price
$65,000
Cash flow
Call/Email
Revenue
$1,100,000
Down
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Posting: 285525 | In Escrow | 3/6/24
This is a fantastic opportunity to own one of the top upscale preschool and infant toddler programs. The school has been thriving for years and is modern and immaculate. This one will not last. It is a stand-alone with an outdoor playscape environment. Its licensed capacity is 100.
Asking Price
$750,000
Cash flow
$26,540
Revenue
$133,080
Down
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Posting: 284126 | Available | 5/1/24
This is a business specializing in sharpening of industrial knives (chippers) and saws. It is the most complete commercial sharpening and sales shop of its kind in the North State of California with the equipment required to place the proper professional edge on industrial blades, knives and saws.
Asking Price
$150,000
Cash flow
$186,680
Revenue
$719,406
Down
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Posting: 283419 | Available | 2/10/24
Well-established and highly profitable FedEx Linehaul routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$625,000
Cash flow
$600,000
Revenue
$1,800,000
Down
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Posting: 265861 | Available | 6/8/22
This is a California based company that fills a unique niche providing customizable and highly-vetted medical provider networks for Group Health and Workers Comp payers. Three partners formed the Company in 2011, and one wishes to retire. The partners are looking to sell part or all of the Co.
Asking Price
$3,200,000
Cash flow
Call/Email
Revenue
$960,000
Down
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Posting: 286537 | Available | 5/19/24
A rare opportunity exists to own a well-established liquor store with gas, operating on a large commercial-zoned real estate lot with short operating hours. The monthly rent from two rental properties amounts to $6,250.
Asking Price
$2,600,000
Cash flow
$200,524
Revenue
$1,314,394
Down
$285,000
Posting: 285041 | Available | 5/23/24
This greater Silverlake/Glendale area market combines a carefully curated assortment of natural and organic wines, beers, spirits and beverages, food, merchandise and home goods with organic produce, breads and specialty provisions sourced locally to ensure freshness.
Asking Price
$285,000
Cash flow
Call/Email
Revenue
$4,500,000
Down
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Posting: 285309 | Available | 5/22/24
Situated at a prime corner spot on a bustling main block in Los Angeles, this establishment resonates with rich global influences, creating a unique and inviting atmosphere. Boasting adaptable space accommodating up to 140 guests, the venue features timeless design elements.
Asking Price
$825,000
Cash flow
$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
$74,842
Revenue
$142,544
Down
$125,000
Posting: 280801 | Available | 5/22/24
This female athleisure-activewear brand focuses on functional fitness clothing that celebrates each of its client's unique features. The brand delivers eco-responsible luxury and comfort designed for everything from high-powered workouts to afternoon dog walks and errands (and in between!).
Asking Price
$125,000
Cash flow
Call/Email
Revenue
$1,200,000
Down
$2,000,000
Posting: 285659 | Available | 5/16/24
This gas station was recently converted from Chevron to Arco, so it presents a lucrative investment opportunity. The car wash was remodeled just 6 months ago, ensuring modern facilities for customers. Boasting an impressive average of $850 per day in sales, with high growth potential.
Asking Price
$7,999,000
Cash flow
$250,000
Revenue
$690,000
Down
$50
Posting: 285519 | Available | 5/2/24
For sale is a market in Pasadena that does not sell any alcohol. It is easy to handle the store and is ideal for a husband/wife duo. The store has a high margin (almost 50%), low rent, and short business hours. It is located in a very busy area in the center of the city. 2023 sales 68,760, net 250K
Asking Price
$490,000
Cash flow
Call
Revenue
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Down
$100,000
Posting: 250039 | Available | 10/26/20
Beauty Supply Shop for sale. Includes the Inventory, Fixtures, Furniture, & Equipment. Monthly rent $3,000.
Asking Price
$100,000
Cash flow
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Revenue
$487,000
Down
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Posting: 284735 | Available | 1/18/24
Wild Birds Unlimited is the leading brand for backyard bird feeding supplies. This strong franchise system supports its franchisees in every meaningful way. This profitable location has exclusive rights to one of the most affluent territories in the country. Sales and cashflow are up in 2023 over pr
Asking Price
$95,000
Cash flow
Call
Revenue
$980,000
Down
Call
Posting: 261589 | Available | 10/1/21
LOWER PRICE & INCLUDES INVENTORY. Room to grow servicing the Antelope Valley with quality merchandise and 420 supplies for the grower. Offering a long Ten Year History of great relationships, trust, and dozens of five star Google reviews. 245,000 plus inventory, assumable lease through August 2024.
Asking Price
$149,950
Cash flow
$168,000
Revenue
$840,000
Down
$320,000
Posting: 286226 | Available | 4/22/24
Due to the owner's move to another state, there is a quick sale. Consequently, the price has been reduced to $320,000, which includes an inventory valued at $70,000. The lease term is for 4+5 years with a rent of $6,000, including NNN. The estimated net operating profit (NOP) exceeds $14,000.
Asking Price
$320,000
Cash flow
Call / Email
Revenue
Call / Email
Down
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Posting: 276344 | Available | 9/18/22
Liquor store located in Los Angeles County at a strip shopping center consisting of several other businesses. You can be your own boss and expand the business. The liquor store owners are looking to add another store. High-density population in the given area. Gross sale is $70,000, rent is $1600.
Asking Price
$575,000
Cash flow
Call/Email
Revenue
$720,000
Down
$249,999
Posting: 284198 | Available | 1/16/24
Whether you're an experienced entrepreneur or a newcomer, this turnkey business is ready for a smooth transition. All the hard work has been done so step in and continue the success modern design in a great South end of San Fernando Valley location.
Asking Price
$249,999
Cash flow
$168,950
Revenue
$1,103,650
Down
$329,000
Posting: 282329 | Available | 8/22/23
This is a well-established retail pharmacy [opened in 1969] located in the area of Sherman Oaks/Valley Village/North Hollywood of Los Angeles County. It is located inside a Medical Building with multiple medical practices. It is in a 1,500 sq. ft. space and the current lease expired.
Asking Price
$325,000
Cash flow
$300,000
Revenue
$1,260,000
Down
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Posting: 280289 | Available | 4/20/23
Liquor Store with the Property near LAX. The asking Price is $2,100,000. Gross Sales $1,260,000 / yr. Net Profit $300,000 / yr. Property Lot size: 9,085 sq ft. Parking Space: 15. Potential if adding EBT.
Asking Price
$2,100,000
Cash flow
$108,000
Revenue
$516,000
Down
$50
Posting: 286178 | Available | 4/17/24
Located on the Westside of Long Beach, the establishment has short open hours from 9 am to 8 pm and holds a clean ABC license. The owner, who has been the same since 2013, is tired and in need of a break. Despite this, the business benefits from reasonable rent at $3,900 per month.
Asking Price
$250,000
Cash flow
Call / Email
Revenue
Call / Email
Down
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Posting: 250217 | Available | 1/23/23
For sale is a very well-known gift shop in an always busy mall. It has a very long history in Arcadia, Los Angeles County, CA. There will be training and support provided.
Asking Price
$800,000
Cash flow
Call/Email
Revenue
$620,000
Down
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Posting: 281099 | Available | 7/31/23
This shop sells pipes, tobacco, cigarettes, cigars, etc. The open hours are 11am-8:30pm. The monthly lease rate is $2,000. The annual gross sales are $620,000 and the payroll is $80,000.
Asking Price
$200,000
Cash flow
$100,000
Revenue
$100,000
Down
$149,000
Posting: 280291 | Available | 3/26/24
New opportunity to move your existing patient base into a State-of-the-Art, turn-key, USP-800 compliant retail pharmacy in the South Bay, approx. 3 miles from two major hospitals and situated on lush grounds with waterfalls, on the ground-floor, in a bustling, Class A medical area.
Asking Price
$149,000
Cash flow
$8,300,000
Revenue
$23,000,000
Down
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Posting: 273648 | Available | 4/24/22
Very Profitable 340B Pharmacy Specializing in Oncology, Hematology and Rheumatology Medications. High margin medications. Growing revenue year after year. For sale in Los Angeles County. Revenue ~ $23,000,000. SDE ~ $8,200,000.
Asking Price
Call / Email
Cash flow
$144,000
Revenue
$360,000
Down
$215,000
Posting: 285338 | Available | 5/14/24
For sale is a golf repair & authorized dealer store with high net income in Long Beach. Business hours are from 10-6pm and Sat 10-4pm. Sunday closed. It is an easy operation. The same owner wants to retire after 36 years operating. Rare opportunity inventory needs to be paid by the buyer separately.
Asking Price
$215,000
Cash flow
Call/Email
Revenue
$960,000
Down
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Posting: 284489 | Available | 1/3/24
For sale is a liquor store located on a very busy street with large parking space. It's not too far from Los Angeles Airport. There is one unit residence attached. Sales included property. The lot is +13,269 sq. ft. The building is 2,800 sq. ft.
Asking Price
$2,950,000
Cash flow
$60,000
Revenue
$372,000
Down
$50
Posting: 282860 | Available | 9/15/23
This liquor store is located on a major street with a coin laundry and motel next door in a high traffic area. It has a good profit margin at 40%. The partnership broke up and forced the sale. Rent is only $3,100/month. They have a clean ABC license and there are no restrictions.
Asking Price
$175,000
Cash flow
$144,000
Revenue
$720,000
Down
$150,000
Posting: 284602 | Available | 1/10/24
This is the first time this liquor store has been on the market for sale in 33 years. The seller would like to retire after the sale. The lease has 1.6 years left, however, the buyer will have a new lease. The rent is currently $3,850/month. Check cashing permit in place (currently not operating).
Asking Price
$400,000
Cash flow
$135,652
Revenue
$1,156,325
Down
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Posting: 280676 | Available | 5/11/23
Retail Pharmacy in Westwood, near UCLA. Established in 1989. All major insurance contracts. Steady Revenue, the seller is retiring and motivated.
Asking Price
$385,000
Cash flow
$96,000
Revenue
$600,000
Down
Call/Email
Posting: 279849 | Available | 5/18/24
This is a drive-thru beer and wine dairy market which is located in a good neighborhood, and has gross sales of $35,000/month. The business hours are 8:30 AM - 8:30 PM for 7 days. It has good potential.
Asking Price
$235,000
Cash flow
$450,000
Revenue
$2,000,000
Down
$2,000,000
Posting: 281505 | Available | 10/15/23
This is a long-established high-volume liquor store with lots of potential and a strip center included in the sale. The owner works a couple of hours a day. It is on a busy street in central Los Angeles. The store grosses approximately $ 170,000-180,000 a month.
Asking Price
$4,500,000
Cash flow
$130,000
Revenue
$630,000
Down
Call
Posting: 268564 | Available | 6/28/21
Great Little Family Market. Biz established more than 30 yrs. 2000 SQ, 7days 9 to 9. Rent $2500, Lease 6+5, Gross $630K & Net $130K Annually. Extra Lotto & ATM income $1200 Monthly. Owner is retired. Best store who want a stable income.
Asking Price
$195,000
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
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
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
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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Buying a liquor store? First, ask yourself these three critical questions to find out if owning a liquor store is right for you. Questions like hands on vs absentee ownership, inventory turnover, licensing issues. Peter Siegel, MBA (BizBen ProBuy & ProSell Program Lead Advisor) explores this topic.
When on your search to buy liquor store businesses, consider additional ways that you may use the location to generate additional revenue streams. Peter Siegel, MBA with BizBen.com discusses buying California liquor stores.
Bakeries service all occasions from weddings, birthdays, retirement, and a whole host of other special occasions. Many bakeries do a brisk retail business, but really make their money in catering. Joe Ranieri a Southern California Business Broker looks at the top tips when trying to sell a bakery.
Since 2011 we have completed an additional 850+ transactions and in total since 1996 when I founded Restaurant Realty Company, we have completed over $1,000,000,000 (billion) of business and real estate transactions.
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.
Due to the current state of the credit markets and bank financing, seller financing when selling a California small business is more important then ever in a business sale. Lee Petsas, Southern California business broker walks us through the nuances of owner carry notes - seller financing.
A properly prepared purchase agreement is of foremost importance in any business purchase. Lee Petsas, a Southern California business broker defines what should be in a purchase agreement when buying a business.
The only time to get an exact and accurate inventory count, and valuation, is at the time the business is being transferred. To do so beforehand, would mean that any merchandise sold after inventory is taken, but before close of escrow - Peter Siegel, MBA with BizBen & others discuss this topic.
Buying a liquor store can present some major challenges to business buyers - a recent client on the BizBen ProBuy Program relates to Peter Siegel, MBA what the major challenges may be when searching for and buying a Californa liquor store business. I welcome other Advisors to weigh in on this topic.
Doing due diligence when buying any type of business is extremely important. Regardless of what type of business you are buying there are certain things you will always look at such as, financials, equipment, legal issues etc. We take a look at several angles for optimal gas station due diligence.
Butcher shops, once a vestige, are increasingly becoming popular again in many metropolitan and suburban cities. In this Discussion Post on BizBen, Joe Ranieri (Orange County & LA County Business Broker) discusses various issues of buying a butcher shop and what that entails for business buyers.
For those who don't know, a non-compete agreement is a contract between a buyer and seller of a business, which after the sale, prohibits the seller from engaging in direct competition with the business they previously sold. Joe Ranieri (Business Broker) adds this topic to a BizBen Discussion Post.
In our BizBen.com June 2021 Monthly Report the top ProIntermediaries and ProAdvisors on BizBen offer their thoughts about the current status of the business for sale marketplace with trends and predictions for Business Buyers, Owner/Sellers, Business Brokers, Agents, Advisors in the near future.
Can a seller of a small business back out of an ongoing escrow? Probably, yes, it all depends how far along the escrow is, which will dictate how messy things will get for both owner & buyer. Joe Ranieri (Southern California Business Broker) gives his feedback with others on this BizBen Discussion.
Sometimes business brokers just can't win with their clients, because if an offer comes in too fast & too early then they must have lowballed the price & the seller is suspicious, and if not enough offers come in after putting the business on the market - they may look unproductive to their clients.
Changing hands of business ownership can seem both exciting and daunting to all parties involved, but it's important that a smooth transition occurs to maintain or achieve success of the business. Here are some tips I recommend ensuring things go smoothly when buying a California small business.
As the year winds down, it's tempting for business brokers to go through their old files and throw them out to make room for new client's folders, but that would be foolish. Joe Ranieri (Orange County Business broker) discusses strategies for saving files - a key annual strategy for brokers/agents.
Should small business owners/sellers or brokers/agents give potential buyers direct access to past company tax returns and financials (profit & loss statements) either before or pre the due diligence process? Multiple ProIntermediaries and ProAdvisors discuss this topic on this BizBen Discussion.
When seeking SBA loan financing many potential business buyers have wrong information about the process of securing the best financing to buy a business. Peter Siegel, MBA a business purchase financing expert delves into the myths regarding SBA financing and business purchase financing.
We're hearing more and more about "crowd funding" through sites like gofundme and kickstarter as a possible way to raise the cash needed to buy a small business. This method of collecting funds has proven successful in other kinds of situations. Could this strategy work when buying a small business?
We all understand the idea of paying too much for a small business. But is there such a thing as not paying enough? That seems like an odd notion, but I'm familiar with situations in which a buyer acquired a small business for a figure substantially under what probably was market value.
Overpricing is the number one mistake sellers and their brokers make when putting businesses on the market. Even profitable, well-managed businesses can get buried under a bad number. Brian Loring (Los Angeles County Business Broker) discusses "the tangible trap" and how to avoid it when selling.
A huge part of any exit strategy is properly planning for that moment in time when employees find out the business is for sale or, preferably, has been sold. Your workers have been kept in the dark for as long as possible. Some won't be a bit surprised. Others may be devastated.
Buying a small business is hard enough when there is no competition, so how might a buyer navigate the process when there is additional competition from other buyers? Peter Siegel, MBA (BizBen ProBuy Program) and others explain a few of the ways that a buyer can beat out other buyers.
When purchasing a small to mid-szied business, there are a multitude of things to evaluate. One area that is often overlooked is the business's culture. Peter Siegel, MBA with BizBen discusses with potential buyers the importance of understanding how the business runs on a day-to-day basis.
Negotiating the terms of a business deal is a delicate process, where one wrong move can cost you the business that you wanted to purchase. Peter Siegel, MBA (BizBen ProBuy Program) discusses the ins and outs of negotiations, and how to work well with the seller to get a deal done.
It's important to remember that selling a business takes time. Unlike selling a house, which can be sold relatively fast, a business can take up to six months to a year to sell. I discuss this topic with other advisors and intermediaries on this BizBen Discussion.
There are a lot of misconceptions about what enhances the value of a business. The following factors in this Discussion are aspects of a business that really drives its value and pricing. A business owner asked me this question today so I wanted to get others view points as well in this Discussion.
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.
