Cash flow
Call/Email
Revenue
$400,000
Down
Call/Email
Posting: 283529 | Available | 1/30/24
For sale is a mochi donut franchise located in a very busy shopping center in Long Beach. The current owner doesn't have enough time to take care of this business and has to let it go quickly. The seller will consider any reasonable offer price.
Asking Price
$99,000
Cash flow
Call/Email
Revenue
$1,200,000
Down
Call/Email
Posting: 284896 | Available | 1/29/24
For sale is a high-volume and established franchise chicken fast food restaurant in Fresno County. The location is in a newer developed shopping center with national tenants surrounded by dense residential & commercial areas. There is a lot more potential as it is the owner is absentee.
Asking Price
$325,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284850 | Available | 1/24/24
This is a popular boba cafe franchise for sale - serving uniquely flavored boba tea and Japanese-inspired mochi donuts. This location was founded in 2022 and has quickly become a local favorite, known for its fresh, premium ingredients and innovative flavors.
Asking Price
$225,000
Cash flow
Call/Email
Revenue
$582,947
Down
Call/Email
Posting: 284835 | Available | 1/24/24
This Mediterranean fast-casual restaurant is located off a major street in a crowded commercial and residential area. The restaurant's ambiance is welcoming and very clean. The franchisor is well-known and established with a strong brand name.
Asking Price
$100,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284795 | Available | 1/23/24
An absentee owner is now selling a turn-key Subway Franchise restaurant for sale, boasting impressive rounded sales of $400,000 plus. Strategically located, in a busy retail shopping center with high foot traffic. The 1,200 SQ FT premises offer stability and room for growth.
Asking Price
$75,000
Cash flow
$159,471
Revenue
$783,922
Down
Call/Email
Posting: 282742 | Available | 1/22/24
For sale is a profitable Nekter juice bar franchise with training and support! Offering unique juices, handmade smoothies, and fresh fruit acai bowls. Situated in a high-traffic area near parks, schools, and various businesses. An excellent opportunity for entrepreneurs, featuring low rent.
Asking Price
$549,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282542 | Available | 1/17/24
For sale is a Round Table pizza franchise restaurant with beer & wine license in San Bernardino County. The location has a lot of potential as it's fully absentee-run & surrounded by commercial and residential areas. It is remodeled and well-established. Gross sales are 70,000 a month.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
$1,487,700
Down
Call/Email
Posting: 282532 | Available | 1/17/24
For sale are 2 pizza franchise restaurants in Riverside County. They are both about 3-years old. They are anchored by national businesses in busy shopping centers. They both have BW licenses. Both locations are the only franchise pizzas in town. The locations have a lot of potential.
Asking Price
$700,000
Cash flow
$156,000
Revenue
$799,332
Down
Call/Email
Posting: 284573 | Available | 1/8/24
This restaurant is located in a bustling area with a lot of foot traffic. While there may be some costs associated with running a franchise, it can be much easier and simpler to operate than a non-franchised restaurant. It has stable income and is very well-known.
Asking Price
$389,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284568 | Available | 1/8/24
This national franchise store is located in a busy intersection and shopping center in Los Angeles. It is surrounded by highly populated areas namely supermarkets, parks, and universities. The business employees are 5 part-time employees and open 7 days a week.
Asking Price
$55,000
Cash flow
Call/Email
Revenue
call/email
Down
$125,000
Posting: 282546 | Available | 1/3/24
Vons Chicken, a famous Korean fried chicken with draft beer fountain. It is a part of the Brenden Theatres in Concord. Free Ad before movies offered. Total absentee operation. Projected net income for a full time owner operator shall be $10,000+ per month. Seller financing is available up to 50%
Asking Price
$250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284330 | Available | 12/15/23
Pita Pit has created an entire culture and a proven franchising system one that has undergone twenty years of fine-tuning to meet this growing demand. The unique combination of fresh, healthy food, mainstream music, and a lot of fun. Today, there are more than 210 Pita Pit locations in the US.
Asking Price
$125,000
Cash flow
Call/Email
Revenue
$378,000
Down
Call/Email
Posting: 284325 | Available | 12/15/23
This pizza chain, established in 1987, boasts a well-known brand with a loyal following. The company was established by industry professionals with a growth mindset for this highly scalable concept. This 1,800 square foot location is on a well-trafficked boulevard and highly visible.
Asking Price
$65,000
Cash flow
$80,000
Revenue
$400,000
Down
Call/Email
Posting: 284160 | Available | 12/5/23
This is an excellent opportunity for a new owner-operator to take over this established business. The owner has other responsibilities and would love to transfer the business to someone eager to grow the business. This location still has enormous potential to grow with more hands-on operators.
Asking Price
$175,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284124 | Available | 12/1/23
Excellent restaurant with a beer & wine license is for sale. It does about $50,000 a month in gross sales per seller. Although it's a franchised wing restaurant, the seller states that there won't be any franchise fees. All the new buyer has to do is buy the supplies from them.
Asking Price
$295,000
Cash flow
Call/Email
Revenue
$300,000
Down
Call/Email
Posting: 283192 | Available | 11/14/23
For asset sale is an existing Subway franchise sandwich shop that could be converted to any kind of restaurant. It's located in Fremont, California (Alameda County) for only $90,000.
Asking Price
$90,000
Cash flow
Call/Email
Revenue
$520,000
Down
Call/Email
Posting: 283696 | Available | 11/5/23
For sale is Papa Murphy's Pizza restaurant in Fresno, CA. Gross sales are $44,000 a month on average. The rent is only $2,000 a month plus CAM charges. Hours are from 11am to 9pm. There is potential for more sales as it is absentee-run.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
$900,000
Down
Call/Email
Posting: 282518 | Available | 11/3/23
This is a multi-unit Subway franchise restaurant in Tulare county. Both locations were remodeled a few months ago. They are absentee-run. There is a lot more potential for more profits/sales with an owner-operator. For rent, one is $2,914 and the other is $2,564.18 per month including CAM.
Asking Price
$639,000
Cash flow
$96,000
Revenue
$520,000
Down
$150,000
Posting: 279296 | Available | 10/29/23
This is a famous chicken BBQ fast food franchise. It is a take-out and delivery-only store. They have almost new equipment and it is semi-absentee run. They have a good rent amount of $4,300 monthly. The young customers come for delicious, hot, and soft-tasting chicken.
Asking Price
$275,000
Cash flow
$500,000
Revenue
$4,000,000
Down
$750,000
Posting: 281521 | Available | 10/11/23
This listing is for 2 freestanding drive-thru fast food locations. They have the same name, menu, and ownership and are within a few miles of each other. They are both fully help run with long-time employees running the businesses.
Asking Price
$1,500,000
Cash flow
$60,000
Revenue
$35,472,476
Down
$175,000
Posting: 280858 | Available | 9/28/23
For sale is a Baskin Robbins ice cream franchise. It is a very visible and busy corner location near the CSU of LA. This has been a long-established brand in the same location for over 45 years and has been with the current owner for 17 years. The price has reduced from $208,000 to $175,000.
Asking Price
$175,000
Cash flow
$200,000
Revenue
$1,214,000
Down
$150,000
Posting: 283076 | Available | 9/27/23
Flourishing Tobacco and Convenience store in the Sacramento area, featuring a Krispy Krunchy Chicken Franchise. With a strong establishment and proven track record, the store enjoys remarkable profitability, boasting an impressive average monthly sales volume of $100,000.
Asking Price
$750,000
Cash flow
$203,692
Revenue
$1,544,036
Down
$210,000
Posting: 282838 | Available | 9/15/23
This well-established Subway franchise boasts three thriving locations strategically situated in Orange County's high-traffic areas. One of the branches is housed in a bustling strip center with enduring anchor tenants, ensuring a consistent flow of customers over the years.
Asking Price
$395,000
Cash flow
$70,000
Revenue
$351,000
Down
Call/Email
Posting: 272569 | Available | 9/7/23
This is a rare opportunity for a new owner operator to take over this long-established ice cream store. Great landlord. The next remodel is not due until ~2028. Perfect for an owner-operator who can improve on the business. The store had a cake decorator and other employees whose been working for th
Asking Price
$168,000
Cash flow
$25,378
Revenue
$316,239
Down
Cash Only
Posting: 280618 | Available | 9/5/23
For sale is a great location in downtown Long Beach with a good amount of foot traffic. It is only open Mon-Fri from 10:30am-5pm. They have reasonable rent at $3,762/month. It is close to the police department and the courthouse. This has great potential for an owner-operator.
Asking Price
$79,000
Cash flow
$140,000
Revenue
$640,000
Down
Call/Email
Posting: 276890 | Available | 7/28/23
For sale is a newly built, 100% absentee-operated Togo's Sandwich franchise location in San Jose. It is an established business located in a busy foot-traffic shopping center. The current owner has not increased the product prices recently. They have owned it since March 2014.
Asking Price
$400,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281549 | Available | 7/8/23
San Fernando Valley Restaurant Turn - Key Busy Location. Operating in the same prime location since 1992, this high-trafficked, Van Nuys eatery brings Southern hospitality and Creole soul recipes to Los Angeles.
Asking Price
$99,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281383 | Available | 6/26/23
Famous Korean Chicken Franchise Business. This is a great opportunity to own a profitable business. Santa Barbara residential and college area. Selling is including major franchise brand names and training provided.
Asking Price
$169,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285739 | Available | 4/19/24
This pizza franchise uses the freshest ingredients with their dough made daily, in a make it yourself format (with a stone oven). The dining rooms, and the equipment are well taken care of, and very inviting. There are two locations with a combined gross sales of over $1.7 million.
Asking Price
$499,999
Cash flow
$50,000
Revenue
$380,000
Down
$154,900
Posting: 284866 | Available | 4/19/24
This is your opportunity to own a Baskin Robbins ice cream store in Sunny San Diego County. Baskin Robbins is the #1 ice cream franchise in the World. The store opened in July 2017. The current owner purchased the store in January 2019. It is located in a great shopping center.
Asking Price
$154,900
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284330 | Available | 12/15/23
Pita Pit has created an entire culture and a proven franchising system one that has undergone twenty years of fine-tuning to meet this growing demand. The unique combination of fresh, healthy food, mainstream music, and a lot of fun. Today, there are more than 210 Pita Pit locations in the US.
Asking Price
$125,000
Cash flow
$335,351
Revenue
Call/Email
Down
Call/Email
Posting: 285960 | Available | 4/3/24
For sale are 5 KFC units available in California around the Sacramento, CA surrounding areas. KFC Overview: Just about everyone recognizes Colonel Sanders, the iconic Kentuckian who introduced the world to his secret fried chicken recipe of 11 herbs and spices back in 1940.
Asking Price
$1,750,000
Cash flow
$493,000
Revenue
$9,388,743
Down
$300,000
Posting: 276985 | Available | 11/15/22
Founded in 1969, Long John Silver's pioneered the seafood quick service restaurant industry, making great tasting, sustainably sourced, and affordable seafood accessible to consumers across the country. This offering is for an entire package of ten franchises.
Asking Price
$1,875,000
Cash flow
$550,000
Revenue
$1,200,000
Down
Call/Email
Posting: 286176 | Available | 4/18/24
For sale is a boba and tanghulu dessert shop franchise located in San Francisco County, CA. This is an excellent location located in a busy shopping mall, a high-foot-traffic area. The brand new shop opened in 2023, and it is easy to operate with the owner not working.
Asking Price
$850,000
Cash flow
Call/Email
Revenue
$508,750
Down
Call/Email
Posting: 285466 | Available | 4/4/24
For sale is a well-established franchise store. The monthly net sales are $42,395 and the net profit is $6,000+. It is absentee-owned at a good location. Its current rent is about $4,825 including NNN.
Asking Price
$225,000
Cash flow
$100,000
Revenue
$500,000
Down
Call/Email
Posting: 276889 | Available | 3/27/24
This is a great opportunity for an owner-operator. Currently, it is absentee owner operated. This established business is located in downtown San Jose with busy foot traffic. The store is recovering very nicely after its closure during the pandemic. There is plenty of room for growth.
Asking Price
$199,000
Cash flow
Call/Email
Revenue
$591,000
Down
Call/Email
Posting: 286034 | Available | 4/8/24
This restaurant currently serves fried chicken sandwiches and strips. The menu closely resembles that of Chick-fil-A. Due to being primarily staffed by employees, the burden of labor costs is presently high. As it operates under a franchise model, there is evident support from the head office.
Asking Price
$99,000
Cash flow
$100,000
Revenue
$450,000
Down
$250,000
Posting: 285181 | Available | 2/15/24
For sale is a fully equipped L&L Hawaiian BBQ franchise restaurant in Fremont, California. This 1,200-square-foot restaurant has 24 seats and is ideal for an owner-operator. The kitchen has a 12-foot type one hood, walk-in cooler, and refrigerator.
Asking Price
$250,000
Cash flow
$74,000
Revenue
$350,000
Down
Call / Email
Posting: 276438 | Available | 9/22/22
An established store is up for sale. Baskin Robbins is a very well-known franchise with plenty of opportunities for growth with a more dedicated operator. The franchise agreement expires on 11/30/2028. It is located in Dublin, CA with an annual estimated sales of $350,000+. The size is 825 sq. ft.
Asking Price
$250,000
Cash flow
$1,870,288
Revenue
$9,993,448
Down
Call/Email
Posting: 276473 | Available | 3/22/24
This is a 6-store package with 2 fee properties available (not included in purchase price). Burger King is the 2nd largest hamburger chain in the world and has built its brand identity on its flagship Whopper Sandwich and flame-grilled cooking. Most all BK restaurants are open seven days a week.
Asking Price
$7,500,000
Cash flow
$90,000
Revenue
$494,300
Down
Call / Email
Posting: 276437 | Available | 1/25/23
This is a rare opportunity for a new owner-operator to take over this long-established ice cream store. The franchise agreement is signed until 5/31/2025. There is huge potential to grow the business even further with an owner-operator. Currently has increased sales (annual estimated $478,000+).
Asking Price
$350,000
Cash flow
$120,000
Revenue
$288,000
Down
$25
Posting: 277702 | Available | 12/6/22
Very busy franchise fast food operation at a prime location on a main road.
Asking Price
$349,000
Cash flow
Call/Email
Revenue
$300,000
Down
Call/Email
Posting: 283192 | Available | 11/14/23
For asset sale is an existing Subway franchise sandwich shop that could be converted to any kind of restaurant. It's located in Fremont, California (Alameda County) for only $90,000.
Asking Price
$90,000
Cash flow
$30,506
Revenue
$483,191
Down
$150,000
Posting: 283232 | Available | 3/26/24
For sale is a top 3 leading pizza brand with over 60 years in business and more than 400+ restaurants in the US + globally. It was built in 1997 and under current ownership since 2014, this establishment is in a busy area of the largest city in Northern California.
Asking Price
$150,000
Cash flow
$64,430
Revenue
$786,684
Down
Call/Email
Posting: 281436 | Available | 3/26/24
This poke franchise specializes in exceptionally great demand for healthy and fresh food. It is located in a high foot traffic area along with a major grocery store, other businesses, parks, and trails. It is absentee run and if the buyer is involved, it may further enhance the business production.
Asking Price
$169,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284846 | Available | 4/3/24
Current UAB enrollment is over 21,000. Meal plan revenue for freshmen only was over $10 million including both meal plan and dollars that can be used in retail. There are opportunities to provide catering service to a variety of campus organizations, clubs and meetings.
Asking Price
$449,000
Cash flow
Call / Email
Revenue
$609,236
Down
$25
Posting: 278166 | Available | 1/9/23
Fast growing Franchise Food Restaurant. Very busy in a prime location, 2022 sales were $609,236. Cash flowing. Decent hours of operation.
Asking Price
$350,000
Cash flow
$173,439
Revenue
$808,005
Down
Call / Email
Posting: 276744 | Available | 10/9/22
The franchisor required the owner to purchase products from approved suppliers and maintain Franchise standards. No Franchise agreement fees, no transfer fees, no advertising or royalty fees.
Asking Price
$449,000
Cash flow
$215,000
Revenue
$444,767
Down
Call/Email
Posting: 286087 | Available | 4/10/24
This is a rare opportunity to own a well established franchise sushi bar business. It is located in a well known big supermarket in Peninsula since 2005. This is a simple operating business with a clean book and record. Seller claims the annual operating net income is about $215,000.
Asking Price
$198,000
Cash flow
$189,000
Revenue
$944,000
Down
Call/Email
Posting: 282423 | Available | 3/20/24
The groundwork has been laid to step into not one, but two well-established, highly profitable turnkey franchises (Auntie Anne's and Cinnabon). Gain direct access to a proven track record of success, all without starting from scratch. Say goodbye to the hassles of a full franchise acquisition.
Asking Price
$389,000
Cash flow
$178,985
Revenue
$110,810
Down
Call/Email
Posting: 282281 | Available | 3/22/24
This is a high-volume end-cap location in a shopping center anchored by the grocery store. Baja Fresh Mexican Grill opened its first restaurant in 1990 featuring all-fresh, traditional fire-grilled favorites, with handmade and farm-fresh ingredients. Today, Baja Fresh is owned by Kahala Brands.
Asking Price
$325,000
Cash flow
$70,000
Revenue
$351,000
Down
Call/Email
Posting: 272569 | Available | 9/7/23
This is a rare opportunity for a new owner operator to take over this long-established ice cream store. Great landlord. The next remodel is not due until ~2028. Perfect for an owner-operator who can improve on the business. The store had a cake decorator and other employees whose been working for th
Asking Price
$168,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284124 | Available | 12/1/23
Excellent restaurant with a beer & wine license is for sale. It does about $50,000 a month in gross sales per seller. Although it's a franchised wing restaurant, the seller states that there won't be any franchise fees. All the new buyer has to do is buy the supplies from them.
Asking Price
$295,000
Cash flow
$240,000
Revenue
$1,200,000
Down
$450,000
Posting: 286184 | Available | 4/18/24
For sale is a Nashville hot chicken burger and Korean hot dog shop franchise located in San Francisco County, CA. This is an excellent location located to a busy shopping mall, a high-foot traffic area. The brand new shop opened in 2023, and it is easy to operate with the owner not working.
Asking Price
$450,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 278458 | Available | 1/20/23
This is a very popular fast-food franchise, and sales have been increasing. It is brand new, just 3 months old. The sales in 2022 October started with $45K/mo and already crossed $60K+/mo. Per seller, it will cross 100K sales/month in the future. The store size is 1,850 sq. ft. Rent is $8,200.
Asking Price
$400,000
Cash flow
Call/Email
Revenue
$600,000
Down
Call/Email
Posting: 284986 | Available | 3/20/24
Discover a golden franchise prospect in Redding, CA! This renowned opportunity offers a well-established brand, a long-term, pre-negotiated lease, and over $300,000 in build-out included with the sale, the heavy lifting is already handled! A prime sandwich haven awaits!
Asking Price
$100,000
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
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
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
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
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
Looking to buy restaurant businesses? Check out these tips first to avoid getting blindsided when you buy restaurants. Peter Siegel, MBA with BizBen.com discusses this topic.
Many California small business investors want to buy a restaurant. People always need to eat; there should be plenty of business. And some buyers think there is prestige to owning a popular eating establishment. But it isn't an easy purchase. Here's what not to do when planning to buy a restaurant.
Restaurant franchise offerings are among the most popular of the business types potential business buyers seek. What many would-be owners don't realize is that there are specific tips for buying fast food or restaurant franchises that don't necessarily apply to independent restaurants for sale.
In my opinion and experience, an LOI may very well be appropriate for lower middle market transactions of $5,000,000 or more; but, for deals less than that an Asset Purchase Agreement ("APA") with contingencies on the actions of the buyer (and seller) is much more efficient and effective.
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.
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.
80% of all California business buyers never end up buying a business! Many factors contribute to this statistic, but by following the points below and utilizing the ProBuy Method of buying a business you should be successful in locating a business that interests you and completing the transaction!
Demonstrating sufficient cash flow to cover a business acquisition loan is key to getting a lender's approval. But buyer must be knowledgeable. Support a business acquisition loan with the target company's cash flow. And know how to determine the actual cash flow amount. Peter Siegel, MBA explains.
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.
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.
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.
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!
There are many myths associated with the process of selling a small business and some of them can actually cause deals to fall through. Don't let your sale be compromised, be aware of these common misconceptions related to the process of selling. Peter Siegel, MBA with BizBen explores this topic.
Only 30% of all small businesses for sale that are put on the market overall are sold! A surprising statistic to most business owners, agents, and brokers trying to sell a small business! If however you follow the strategies (BizBen Protocol Method) in this blog post you should see success!
As an Advisor On BizBen I talk to many California business owners, business buyers, brokers, and agents on a daily basis about valuing California small to mid-sized businesses. Many key factors go into this analysis including market demand, history of earnings, and even how the deal is structured.
One of the most difficult challenges when purchasing a small business is expressed by this prospective buyer of a liquor store who is told by the seller that there is more money being made than shows up on the books. Should the buyer accept that statement by the seller & go ahead with the purchase?
Buyers search for an absentee business, wanting to collect profits generated by a successful enterprise without having to stand at the sales counter or cash register, without having to cook, operate equipment or talk to customers. Peter Siegel, MBA offers his intake on absentee run businesses.
Being an Entrepreneur has its perks, it can also be challenging. You need to make sure you're ready for the challenge. Here's a list of 10 important questions to get you started when buying a business. Peter Siegel, MBA (BizBen Founder) reviews this topic for business buyers of small businesses.
The unfortunate truth is that approximately 50% of all small business sales transactions fall through. While failed transactions can happen for a variety of reasons, Peter Siegel, MBA (BizBen Founder & Lead Advisor) discusses the most common reason deals fall through; unrealistic asking prices.
The use of add backs & sellers discretionary cash is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains.
Owners should keep the fact that they want to sell their small business confidential. Before releasing information to prospective buyers, buyers should commit to confidentiality in writing & should understand why it is important. Peter Siegel, MBA a ProBuy and ProSell Advisor with BizBen explains.
You've found your dream business. You've called/emailed/texted the broker or owner; you've tried to reach out again via phone/email/text. However you're not getting a response and it's getting frustrating. How to get brokers/owners to return your calls/emails/texts - what key strategies to utilize.
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.
The latest BizBen.com survey of Business Brokers and Agents outlined what it takes to be a top ten percent performer in the business brokerage industry. From good communication to utilizing your resources, these traits are something to take note of and put into practice to be successful.
You have a strong entrepreneurial spirit. You know you want to be a small business owner. Now what? Do you buy an existing business or start one from scratch? An existing business can save a lot of time and effort. I will share with you some of the advantages of buying an existing business.
Showing your business when selling is one of the most important steps in the sale process & how it is done will greatly affect the selling price. There are two areas to be concerned with, how the business looks & how you react to the prospective buyer.
Should business opportunity offering include the real estate? There are no right or wrong answers to the question about whether the seller of a business should include the real property, or sell the company only and continue on as the landlord/lady. Peter Siegel With BizBen.com explores this issue.
Was chatting with a potential buyer of a restaurant in our BizBen ProBuy Program and he asked me what he should look for in due diligence when he finally did find a restaurant he was interested in. Peter Siegel, MBA with BizBen and others on BizBen explore this topic.
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.
