Cash flow
Call/Email
Revenue
$276,000
Down
All Cash
Posting: 286043 | Available | 4/8/24
The brand-new establishment was opened three months ago. The seller urgently needs to sell it due to the need to return to Korea to take care of his ailing father, who is suffering from a serious health condition. The menu concept is great and easy to learn.
Asking Price
$118,000
Cash flow
$720,000
Revenue
$1,000,000
Down
$35
Posting: 286038 | Available | 4/8/24
The asking price for the business is $650,000 plus inventory. The size of the property is 2,500 square feet. The monthly rent is $3,500. There are 15 employees associated with the business. The payroll minimum is $28,000. The monthly sales range around $80,000.
Asking Price
$650,000
Cash flow
$90,000
Revenue
$700,000
Down
Call/Email
Posting: 283765 | Available | 4/8/24
For sale is a very well-established Waba Grill franchise located in a very busy shopping center. It is 100% absentee run with a very easy operation. The size is approximately 1,800 sq ft. and the rent is $6,580 including NNN. There are three employees plus one part-time employee.
Asking Price
$315,000
Cash flow
$120,000
Revenue
$500,000
Down
All Cash
Posting: 284394 | Available | 4/8/24
For sale is a great Korean K-Pop style fried Chicken concept restaurant located in very busy shopping center. It is 100% absentee run and opened 6 months ago and has great potential if new owner comes in do all the marketing & social media.
Asking Price
$325,000
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
Call/Email
Revenue
$480,000
Down
$100,000
Posting: 284512 | Available | 4/8/24
For sale is a well-established Hawaiian poke restaurant in the busy shopping center of Anaheim. Its current monthly sale is about $40,000. Its size is great 700 sq. ft with rent of $3,650 including NNN. It is in a high traffic area with offices and residential buildings.
Asking Price
$145,000
Cash flow
Call/Email
Revenue
$450,000
Down
$135,000
Posting: 284513 | Available | 4/8/24
For sale is a well-established Hawaiian poke restaurant in the busy food court of Santa Fe Springs. Its current monthly sale is about $40,000 with Sundays closed. Its size is great 1,000 sq ft. plus a spacious patio and its rent of $6,500 including NNN. The seller will train the buyer fully.
Asking Price
$135,000
Cash flow
Call/Email
Revenue
$200,000
Down
$50,000
Posting: 281250 | Available | 4/8/24
This is an asset sale. This is a great location on the ground floor in Plaza Mexico of Lynwood. They have a newly remodeled hall and kitchen with ventless electric hood & fryers. Currently, it serves fusion-style hot dogs, Korean finger/street food menu, boba, etc. Its size is 660 sq. ft.
Asking Price
$50,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$75,000
Posting: 284511 | Available | 4/8/24
For an asset sale is a great location with national brand stores and restaurants. It was recently remodeled. There is a hood and grease trap installed. Its size is about 750 sq ft. and its rent is $5,800 including NNN. It is in a high foot traffic area with easy management and operation business.
Asking Price
$75,000
Cash flow
$66,000
Revenue
$402,000
Down
Call/Email
Posting: 286031 | Available | 4/8/24
This fresh juice and smoothie place is unquestionably a hidden gem and a relatively undiscovered treasure of Santa Clarita. There is no doubt that it is the best place to indulge in refreshing, extremely healthy, reinvigorating, and energizing juices and smoothies, crafted from quality ingredients.
Asking Price
$210,000
Cash flow
$120,000
Revenue
$460,000
Down
Call/Email
Posting: 282962 | Available | 4/6/24
This is a former Ding Tea franchisee. After conversing with Waffle Studio, gross sales gradually grew to $40,000/month. The net income is $10,000. They sell a variety of foods like Ding Tea Boba without paying a franchise fee, Chinese banh bao, Waffet, Croissant Sandwiches. It is absentee-owned.
Asking Price
$220,000
Cash flow
$60,000
Revenue
$240,000
Down
$139,000
Posting: 283157 | Available | 4/6/24
For sale is an easy-operation coffee shop in Tustin, CA. It is located next to the city of Irvine, Orange County and near a big church, industrial factories, and houses. There is direct spacious parking. It is open 5 days a week with busy car traffic. This is a good business for E2 visa applicants.
Asking Price
$139,000
Cash flow
$180,000
Revenue
$840,000
Down
$180,000
Posting: 285354 | Available | 4/6/24
This is an absentee-run pizza franchise store in La Crescenta for sale. The average monthly sales are $70,000 and monthly net income is $15,000. The store size is 1,000 sq ft. They have a good local reputation. The current owner has operated for 5 years. The owners don't work.
Asking Price
$348,000
Cash flow
Call/Email
Revenue
$680,000
Down
$89,000
Posting: 283376 | Available | 4/6/24
This is an American brunch breakfast restaurant in Gardena for sale. It comes with a beer & wine license. It has spacious parking. It is a fast-food style with fewer servers. Currently, they sell authentic Hawaiian comfort dishes such as omelets, bowls, and more. The store size is 1,708 sq. ft.
Asking Price
$89,000
Cash flow
$108,000
Revenue
$392,000
Down
$119,000
Posting: 274682 | Available | 4/6/24
For sale is a Mediterranean restaurant in Ladera Ranch, South Orange County. The store size is 1,600 sq ft. New owners can change the restaurant menu to Thai food or other menu items. It has a good reputation with local neighbors. There is almost no competition. Most of its orders are to-go orders.
Asking Price
$119,000
Cash flow
$120,000
Revenue
$276,000
Down
$245,000
Posting: 282922 | Available | 4/6/24
For sale is a famous brand boba & tea in front of Disneyland in Anaheim. It is an excellent location with good rent conditions. The store size is 1,025 sq. ft and is currently absentee-run, but needs an operating owner. The seller wants to expend the brand and shops. Seller has exclusive contract.
Asking Price
$245,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$160,000
Posting: 282923 | Available | 4/6/24
For sale is a boba tea store located in front of a high school. Monthly sales are going up. Monthly rent is only $2,500 w/ NNN. It is an excellent corner location with a great reputation, specializing in banana Nutella waffles. This is a top brand in Taiwan.
Asking Price
$160,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 280316 | Available | 4/6/24
This is a fully-equipped restaurant located in a commercial shopping center in San Jose. This location is in a nice area and the shopping center has a well-known supermarket and a Starbucks. The facility has a 20-foot-long kitchen hood to allow fast preparation of all of the fast food.
Asking Price
$35,000
Cash flow
N/A
Revenue
$540,000
Down
Call/Email
Posting: 286026 | Available | 4/6/24
This is an ice cream franchise for sale in LA. The timing couldn't be better! Summer is coming to a near and this is the time to thrive in sales! Make this profitable business yours! Here's an opportunity to become a franchise owner.
Asking Price
$220,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286020 | Available | 4/6/24
This is a Korean chicken restaurant for an asset sale. This restaurant is located in a busy shopping center. This is the cozy and clean and take-out style restaurant. The size of the restaurant is 1,200 sq ft. and rent is $3,400 including CAM. There's a 9 foot type 1 hood in the kitchen.
Asking Price
$169,999
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286014 | Available | 4/6/24
This Venice Beach quick service food venue is centrally located on Abbot Kinney, one of the city and nation's most popular retail streets in one of its hippest neighborhoods.
Asking Price
$62,000
Cash flow
Call/Email
Revenue
$1,269,000
Down
$279,000
Posting: 286012 | Available | 4/5/24
Well-established concept with brand recognition, name & concept for this location only. It is located in a very high-income affluent area with a large seating capacity & easy freeway. The parcel is just under 1 acre with a play area & 2 patios. 100% employee run. Recipes & training included.
Asking Price
$279,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 274213 | Available | 4/5/24
Price lowered. For sale is a Hong Kong-style cafe. This cafe is located across from a high school. The cafe is 1,300 sq. ft and is good as a take-out restaurant. The rent is $320 a month. There's a type 1 hood 16 ft long and a walk-in cooler. The next owner can add more menus or change the concept.
Asking Price
$135,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284710 | Available | 4/5/24
This is an Asian cafe for sale. This cafe is located in busy Chinatown. The size of the cafe is 1,500 sq ft. and rent is $6,600. There's a fully equipped kitchen with 14 feet hood and walk-in cooler. Bring your menu. This is an asset sale since then no financial information will be available.
Asking Price
$149,999
Cash flow
$110,000
Revenue
$480,000
Down
Call/Email
Posting: 280035 | Available | 4/5/24
This burger shop is for sale in the busy intersection on Monument Blvd. This burger shop has been in the location for over 30 years. The rent is $7,300 including CAM and the size of the restaurant is 1,500 sq ft. The lease terms will be a 4yrs + 2yrs option. There's a fully equipped kitchen.
Asking Price
$249,999
Cash flow
$209,081
Revenue
$680,660
Down
Call/Email
Posting: 285439 | Available | 4/4/24
This award-winning, profitable, and well-established artisanal retail and wholesale bakery comes fully equipped with a state-of-the-art kitchen, built out by a classically trained French pastry chef. It is chock-full of hard-to-find, high-end European-style commercial equipment.
Asking Price
$487,000
Cash flow
Call/Email
Revenue
$1,385,000
Down
$30
Posting: 285980 | Available | 4/4/24
This high-traffic liquor store with a QSR that serves dinner & drinks. It is a great place to shop for all your food and liquor needs. It has very low rent. It is open 7 days a week from 8am to 10pm.
Asking Price
$1,299,500
Cash flow
$268,296
Revenue
$706,056
Down
Call/Email
Posting: 285978 | Available | 4/4/24
This sushi bar is located in a very large market with significant foot traffic every day. The franchise headquarters charges a 38% variable fee on gross sales, which includes all utilities fees such as rent and electricity. You do not have to pay any utilities fees. Easy operation and stable income.
Asking Price
$160,000
Cash flow
$475,000
Revenue
$3,000,000
Down
Call/Email
Posting: 267141 | Available | 4/23/24
For sale are two bagel and sandwich shops that are available. They are in excellent commercial areas that have a hospital and residents that are high and middle-income. 2022 Year to Date made approximately $3 Million / Pandemic approximately $2.7 million plus 2020.
Asking Price
$1,675,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 282202 | Available | 4/19/24
For an asset sale is a boba and snack shop. This shop has a very good rental rate ($1,900) and is located in the busy shopping center. The size of the store is 600sq. There's a 4-foot-long type 1 hood. Due to the asset sale, finances will not be available.
Asking Price
$99,999
Cash flow
$180,000
Revenue
Call / Email
Down
Cash
Posting: 248011 | Available | 4/23/24
Reduced Price. Fast food free standing restaurant with drive thru. Located on a Major corner intersection on a main street. Excellent books and records. Monthly Rent: $4,000. Lease has 17 years left. Open 7 days. Sunday - Thursday, 6am - 9pm + Friday - Saturday, 6am - 10pm. Price reduced $450K.
Asking Price
$450,000
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
$89,148
Revenue
$571,000
Down
$315,000
Posting: 281660 | Available | 4/18/24
For sale is a freestanding drive-through quick service restaurant located in a very busy area next to the college. There is a private parking lot, good visibility, with very little competition. They are serving burgers on the menu & Mexican food, breakfast lunch & dinner.
Asking Price
$315,000
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
$25,196
Revenue
$321,082
Down
Call/Email
Posting: 284816 | Available | 1/23/24
A well-established and beloved ice cream parlor located in a prime spot in Duarte. This authentic Michoacan-style business boasts a proven track record of success, a loyal customer base, and a welcoming atmosphere.
Asking Price
$99,999
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285561 | Available | 3/7/24
For sale is a Chinese restaurant. The landlord is willing to renegotiate rent with a qualified buyer. The restaurant has been located in a non-competitive area for over 30 years. The seller has done repairs for the Health Department Inspection for Changing of Ownership.
Asking Price
$85,000
Cash flow
$78,000
Revenue
$192,000
Down
Call/Email
Posting: 284886 | Available | 1/27/24
This sushi bar in a very big market with high foot traffic everyday. Franchise headquarters charge a 38% (variable) fee of the gross sales. 38% includes all utility fees (rent, electricity, etc). You don't have to pay any utility fee. It is easy to operate and has stable income. Must see!
Asking Price
$28,000
Cash flow
$720,000
Revenue
$1,000,000
Down
$35
Posting: 286038 | Available | 4/8/24
The asking price for the business is $650,000 plus inventory. The size of the property is 2,500 square feet. The monthly rent is $3,500. There are 15 employees associated with the business. The payroll minimum is $28,000. The monthly sales range around $80,000.
Asking Price
$650,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284756 | Available | 1/19/24
This profitable Mexican street food haven is located in the heart of the downtown heritage district, surrounded by retail shops and enjoying high visibility. The fully equipped space, currently operating for takeout and delivery with the kitchen, office, or catering staging area, is 1,000 square ft.
Asking Price
$69,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285301 | Available | 2/22/24
It is located in a very large plaza, which houses a supermarket, various restaurants, and a fitness center. The entire space has been renovated. Most importantly, it is a store with a full kitchen. So, it can be used to operate the current franchise bubble tea store or convert to other concept.
Asking Price
$60,000
Cash flow
Call/Email
Revenue
$1,269,000
Down
$279,000
Posting: 286012 | Available | 4/5/24
Well-established concept with brand recognition, name & concept for this location only. It is located in a very high-income affluent area with a large seating capacity & easy freeway. The parcel is just under 1 acre with a play area & 2 patios. 100% employee run. Recipes & training included.
Asking Price
$279,000
Cash flow
$84,000
Revenue
$540,000
Down
$289,000
Posting: 282088 | Available | 4/16/24
For sale is a Kung Fu Tea boba franchise located in San Bernardino County, CA. It is busy with good books. The monthly gross is $45,000. You can help run a business with 8 part-time employees with an average monthly wage of $11,000. The store size is +/- 1,500 sq. ft with a rent of $6,255/m.
Asking Price
$289,000
Cash flow
$98,400
Revenue
$720,000
Down
Call / Email
Posting: 273703 | Available | 6/20/22
Profitable semi absentee franchise boba tea shop with great potential. Located in busy supermarket center with lots of foot traffic. Monthly gross: $59,500. Monthly rent: $5,655 + $408 NNN. Store size: 670 sf. Well trained manager and staff.
Asking Price
$240,000
Cash flow
$212,280
Revenue
$483,120
Down
Call/Email
Posting: 285168 | Available | 2/14/24
This sushi bar is in a very big market with high foot traffic everyday Franchise headquarters charges a 38% (variable) fee of the gross sales. 38% includes all utility fees (rent, electricity, etc). You don't have to pay any utility fee. It is easy to operate and has stable income. Must see!
Asking Price
$130,000
Cash flow
$85,000
Revenue
$600,000
Down
$170,000
Posting: 286113 | Available | 4/12/24
An outstanding opportunity to own a well-established pizza franchise that has been a staple in the community for over 34 years. This beloved location is renowned for its repeat customers and strong local presence. The restaurant is designed like a sports bar, complete with multiple TVs.
Asking Price
$170,000
Cash flow
$117,600
Revenue
$468,000
Down
Call/Email
Posting: 284891 | Available | 1/29/24
This employee-operated sandwich restaurant, a hidden gem in Santa Clarita, offers unparalleled and scrumptious sandwiches made from high-quality ingredients. With a focus on sub and giant club sandwiches, it presents a great opportunity for an owner-operator to take this well-established business.
Asking Price
$365,000
Cash flow
Call/Email
Revenue
$662,200
Down
Call/Email
Posting: 281173 | Available | 3/26/24
Over 48 years of long-standing deli and cafe franchise with a large presence throughout the Bay Area. Their sandwiches, soups, and salads are made with fresh, quality ingredients.
Asking Price
$185,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285694 | Available | 3/18/24
For sale is a recently updated, modern coffee shop strategically located in a bustling business complex with tenants including a collection of diverse tenants. Positioned on a prominent main road, this location offers unparalleled visibility and foot traffic.
Asking Price
$65,000
Cash flow
$60,000
Revenue
$300,000
Down
$279,000
Posting: 281939 | Available | 4/9/24
For sale is a boba franchise at a great location near Cerritos, CA.The monthly gross is $25,000 and the monthly rent is $2,700 for 5 years. The store size is around 780 sq ft. The open hours are from 11 pm - 10 pm and there are 8 employees with wages of $5,000/month.
Asking Price
$279,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282534 | Available | 9/1/23
Nestled in a spacious 1,200 sq ft. unit, this well-established deli has been serving delighted customers and generating impressive monthly profits. With a dedicated team of two employees, this business runs like a well-oiled machine, ensuring a smooth transition for the new owner.
Asking Price
$180,000
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
$190,000
Revenue
$760,000
Down
Call/Email
Posting: 276990 | Available | 1/30/24
For sale is an Asian fusion & boba drink shop. There has been one owner with 15 years who wants to retire. The gross is $64,000 per month, rent is $5,800 per month, payroll is $15,000 per month, and net income is $16,000 per month. There are 1 full-time and 7 part-time employees and 1 owner.
Asking Price
$200,000
Cash flow
Call/Email
Revenue
$367,000
Down
Call/Email
Posting: 278989 | Available | 1/4/24
This is a coffee shop with property in a growing and desirable area. There is potential to add a drive-through and at least triple the sales. There is no immediate competition around the business. It is a charming and cozy cafe with indoor and outdoor seating. The business opened in 2009.
Asking Price
$699,000
Cash flow
Call/Email
Revenue
$685,000
Down
Call/Email
Posting: 285465 | Available | 4/4/24
For sale is a well-established franchise store. The monthly net sales are $55,500 and the net profit is $10,000+. It is absentee-owned at a good location. Its current rent is about $5,080 including NNN.
Asking Price
$350,000
Cash flow
Call / Email
Revenue
$658,031
Down
$650,000
Posting: 282898 | Available | 3/12/24
This profitable cookie store franchise is located in an upscale affluent area on the northern side of the Palos Verdes peninsula. It is semi-absentee-owned and fully staffed. The cookies are baked fresh every day and come in luxuriously high-end flavors with a delectable selection.
Asking Price
$689,000
Cash flow
Call/Email
Revenue
Call/Email
Down
All Cash
Posting: 276684 | Available | 3/18/24
This Togo's Sandwich franchise is for sale, and is located in a busy neighborhood shopping center. This store is located near 3 schools. The monthly rent is $7,800 including CAM and everything else. The size is 2,000 sq. ft. A potential buyer can change it or keep the concept. There is no hood.
Asking Price
$119,999
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
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
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.
Peter Siegel, MBA discusses buying pizza restaurant for sale tips and what to watch out for. Topics: Owner involvement in the business as pizzerias are most successful when the owner is onsite. Also discussed is the importance of location and reviewing all financial and tax information.
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.
Financing a yogurt shop for sale can be challenging. Here, you'll learn the real scoop behind financing a yogurt shop for sale to help it be profitable from the start. Peter Siegel with BizBen discusses strategies on this topic.
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.
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.
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.
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.
The use of add backs & sellers discretionary cash is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains.
Owners should keep the fact that they want to sell their small business confidential. Before releasing information to prospective buyers, buyers should commit to confidentiality in writing & should understand why it is important. Peter Siegel, MBA a ProBuy and ProSell Advisor with BizBen explains.
First the dreaded statistic: 80% of all business buyers looking to buy a small business never end up doing so! Peter Siegel, MBA BizBen.com Founder & ProBuy Director) covers successful tactics & strategies all business buyers of small to mid-sized businesses should utilize now to buy a business.
Approaching business owners directly to see if they want to sell can sometimes work well for business buyers searching to buy a small business. Another way is to broadcast your search criteria via the BizBen ProBuy Program to all brokers, agents, and intermediaries who are selling a small 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!
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.
In my experience working with the "right banks and financial institutions" repayment ability sometimes overrules collateral pledged by someone needing financing for a business purchase or a down payment. Peter Siegel, MBA - BizBen's ProBuy, ProSell Lead Facilitator explores this important topic.
Despite challenges in the business for sale marketplace, some of the brokers who make a living by facilitating a deal between buyer and seller are known to stand in the way of a completed transaction because of some outdated ideas. Too bad they put greed ahead of the needs of their clients.
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.
The idea to have a buying a business checklist follows the adage that it's always useful to start with a plan when searching to buy a small business for sale. Peter Siegel, MBA Founder of BizBen.com and top advisor of the BizBen ProBuy Program suggests six items for all business buyers to utilize.
The key to finding the ideal business broker or agent and selling a small business is asking the right questions and getting the right answers back! Peter Siegel, MBA with BizBen & several top business brokers and agents in California (ProIntermediaries) contribute to this topic to assist sellers.
Buying a small to mid-sized business can be a confusing and/or frustrating process for many buyers. Statistics show that over 80% of all buyers never end up buying a business. The ProBuy Program assists potential buyers with the process of finding, evaluating & buying a small to mid-sized business.
Peter Siegel, MBA - BizBen.com & SBALoanAdvisors.com Founder discusses the difference between a hands on owner and an absentee owner. It covers why someone would want to be an absentee owner and then goes on to discuss the pros and cons of buying an absentee run small to mid-sized business.
Peter Siegel, MBA - Lead Advisor with the BizBen.com ProSell Program discusses critical steps to prepare a small to mid-sized business including: which documents will be needed, key advisors to have involved, pricing the business, and how to attract the right business buyers to your listing.
Peter Siegel, MBA discusses buyers who want to buy a business or franchise know about asking the seller to provide part of the financing with a carry-back note. Many business buyers need some cash to help fund the down payment and for working capital. Here are four ideas about how to get that money.
It is not uncommon for business Owner/Sellers to get uncomfortable when a potential Buyer requires a SBA loan to purchase the Seller's business. Often times Owner/Sellers will say "the Buyer is the one getting the loan; why am I the one under the microscope?" This blog post addresses this topic.
Peter Siegel, MBA - BizBen Founder & Director of the ProBuy/ProSell Programs explores why earnest money deposits when opening escrow (and bulk sale) serve several important purposes when buying or selling a small business in California. For Buyers not offering a realistic deposit may be a problem.
Successful sellers of small businesses need a game plan to sell their California small business for maximum price and for the best terms. Peter Siegel, MBA discusses these seller strategies with BizBen Blog readers based on his experience as the lead Advisor with the ProSell Program on BizBen.com.
What are actual adjusted net earnings (cash flow) of a small business being purchased with business acquisition SBA Loan financing? That's an important amount that lenders need to know. Peter Siegel, MBA (BizBen.com, SBALoanAdvisors.com Founder) reviews this important concept with BizBen Blog users.
Buying a small to mid-sized restaurant can have many pitfalls, and potential restaurant buyers should know how to avoid getting burned! Several restaurant advisors weigh in with (Peter Siegel, MBA at BizBen) and discuss tips for buying a restaurant in California.
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.
Ice cream shops are a favorite with buyers of small businesses, but many times don't know what to look for when seeking a purchase of a shop. Joe Ranieri and other intermediaries and advisors share their experience and expertise to potential ice cream shop owners. Explore these tips to learn more.
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.
