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Posting: 280812 | Available | 4/3/24
This is a fantastic opportunity to take over this fast, casual restaurant which is located on a main thoroughfare in close proximity to Highway 12 & Highway 101, bus lines, retail shops, and much more. The Shopping Center features several anchor tenants and has plenty of parking.
Asking Price
$69,000
Cash flow
$77,459
Revenue
$419,845
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Posting: 283472 | Available | 4/2/24
This is a cafe for sale on Polk Street in San Francisco's bustling Polk Gulch neighborhood. This stretch of Polk Street is packed with a diverse array of businesses that bring steady foot and vehicle traffic to the area seven days a week.
Asking Price
$99,000
Cash flow
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Revenue
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$150,000
Posting: 285958 | Available | 4/2/24
For an asset sale is a great casual restaurant location on Lincoln Blvd for a high-end Japanese menu. It is 1,270 sq ft. with a patio. Rent is $12,000 including NNN. There is a beer/wine License. The buyer can convert it into other restaurants with the landlord's approval.
Asking Price
$150,000
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Revenue
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Posting: 275121 | Available | 4/2/24
A grocery store with a restaurant and bakery is for sale. The destination also includes a Halal meat market and specializes in Middle Eastern, North African, Afghan, and Iranian Cuisine. This is a well-established market in a populated area of Sacramento. Gross sales are $175,000 per month.
Asking Price
$1,675,000
Cash flow
Call/Email
Revenue
$340,454
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Posting: 285946 | Available | 4/2/24
This is a great business opportunity to own a well established self serve yogurt franchised location. It is a "Menchie's". The asking price is way below the market value - it is asset sale transaction! Grab it before it is sold. Location! Location! Location!
Asking Price
$135,000
Cash flow
N/A
Revenue
$324,000
Down
N/A
Posting: 285480 | Available | 4/2/24
For sale is an employee-run deli shop. It is located in a very busy shopping center in Santee, CA. Wages are $6,500 per month. Gross sales are $27,000 per month.
Asking Price
$50,000
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Posting: 284461 | Available | 4/2/24
For sale is a family-owned frozen yogurt shop located on a busy intersection, in a great neighborhood. It is an exceptionally clean business with a beautiful high-end design and comfortable seating, equipped with multiple frozen yogurt machine stations. It is in a busy shopping center.....
Asking Price
$140,000
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Posting: 284623 | Available | 4/2/24
This is a fantastic opportunity to buy into the #1 sandwich franchise. These businesses are clean, training is given, and you receive the support expected from a top franchise. This store is particularly unique as it is situated inside Sacramento State University...
Asking Price
$310,000
Cash flow
$90,621
Revenue
$811,000
Down
$11,850
Posting: 284787 | Available | 4/2/24
This is an exciting opportunity to own your slice of success with this thriving Pieology Pizzeria franchise for sale in Monrovia, CA! Located in a prime high-traffic plaza, right on the corner of a major freeway exit, this turnkey business is a pizza lover's dream. Enjoy excelent visibility.
Asking Price
$299,000
Cash flow
$400,000
Revenue
$2,200,000
Down
$1,500,000
Posting: 285943 | Available | 4/2/24
For sale is a fantastic drive thru hamburger restaurant with property. It was remodeled and extra income is $50,000. They have a huge parking lot. The annual sales are $2,200,000 and the annual net profit is $400,000. They have heavy traffic. There will be training and support.
Asking Price
$4,200,000
Cash flow
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Posting: 285941 | Available | 4/2/24
Virgil Village is just South of Los Feliz and West of Silver Lake. You will find the sweet little pocket of Virgil Village. There is customer parking behind the restaurant. It is located at Santa Monica Blvd and Virgil Ave. on a very busy corner. It is 300 sq ft. The restaurant comes with 4' hood.
Asking Price
$150,000
Cash flow
$90,000
Revenue
$550,000
Down
$250,000
Posting: 285938 | Available | 4/2/24
With a total of 86 locations in California and hundreds across the United States, this Franchise is extremely popular for snack foods, catering trays and party platters. Serving snacks by the bucket, they have been serving and delivering snacks since 1988.
Asking Price
$250,000
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Posting: 279957 | Available | 4/2/24
This sub sandwich shop is in a great high visibility location in a busy shopping center and is surrounded by other popular businesses. The shop has been in operation for 30 years and has sold over 1.5 million sub sandwiches in that time!
Asking Price
$199,000
Cash flow
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Posting: 277832 | Available | 4/1/24
For sale is a cafe in an office building with a very attractive rent, way lower than the market rate. Rent is only $1,600 including water, garbage, and utilities. It has been there almost 7 years with very little increase. There is no hood. Business hours are Monday through Thursday, 8am-1:30pm.
Asking Price
$100,000
Cash flow
N/A
Revenue
N/A
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Posting: 285245 | Available | 4/1/24
This shop has low rent and is priced to sell! This is a fantastic opportunity for a low-rent hot sandwich shop with great potential. They have ample working space in the kitchen, plentiful seating, and tons of parking. This is a great space for maximizing Uber Eats & Door Dash.
Asking Price
$70,000
Cash flow
$120,000
Revenue
$780,000
Down
$290,000
Posting: 277590 | Available | 4/1/24
For sale is a restaurant, newly built. It has a full kitchen with new equipment. Seller's build-out cost was $700K+. There is a Beer & Wine (Type 41) license. This is an asset sale. New menu conversion is possible with the landlord's consent.
Asking Price
$290,000
Cash flow
$96,000
Revenue
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$75,000
Posting: 284084 | Available | 4/1/24
For sale is a profitable restaurant and market in the heart of San Diego with ABC type 41license. Located in a busy area of shopping and offices. You can continue the same concept or create your own concept. You can also earn extra income by using it as a Ghost Kitchen.
Asking Price
$115,000
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Posting: 284902 | Available | 4/1/24
This is a famous fast-food sandwich brand located at a busy intersection by the major freeway. The business is surrounded by other major brand names, motels, and offices in the same and adjoining centers providing a steady volume of traffic. Ongoing training and support will be provided.
Asking Price
$50,000
Cash flow
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Revenue
$633,546
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Posting: 284755 | Available | 4/1/24
Indulge in the vibrant culinary scene of San Francisco with this fast-casual gem nestled in the heart of the city's dynamic SOMA and Design District. Located amidst a harmonious blend of residential and office spaces, the bustling neighborhood is enhanced by recently constructed condos.
Asking Price
$149,000
Cash flow
$228,000
Revenue
$842,167
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Posting: 285916 | Available | 4/1/24
The bagel breakfast & lunch here is unparalleled, with fresh, mouthwatering bites. Our everything bagel surpasses others, baked fresh every four hours with premium ingredients. A hidden gem with a perfect atmosphere, featuring adorable breakfast & lunch options.
Asking Price
$675,000
Cash flow
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Revenue
$847,532
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Posting: 285915 | Available | 4/1/24
Seize the chance to own a thriving ice cream business that has captivated the Bay Area with its unique and healthy approach. Established for six years this company has set itself apart by crafting delectable, all-natural and organic ice cream flavors without compromising on health and quality.
Asking Price
$675,000
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Posting: 285914 | Available | 4/1/24
Don't miss this rare opportunity to own a corner lot fast-food restaurant and real estate located on the busy Bay Area thoroughfare of San Pablo Avenue, in Richmond. The sellers ran their successful fast food concept H Salt Fish & Chips for over 20 years here.
Asking Price
$1,300,000
Cash flow
N/A
Revenue
N/A
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Posting: 285911 | Available | 4/1/24
Don't miss this opportunity to own a turn-key, currently-operating, poke restaurant in a shopping plaza in Vista California. The store is also equipped to be a sandwich/deli shop if the new owner decides to convert the store to a sandwich/deli shop.
Asking Price
$49,000
Cash flow
$168,000
Revenue
$607,768
Down
$135,000
Posting: 285173 | Available | 3/30/24
For sale is a poke restaurant next to about 6,000 units of apartments & Glendale downtown office buildings. New apartments are coming just 1 minute away from walking distance. It is a super excellent location with a good reputation on Yelp. The owner works 4 hours a day.
Asking Price
$349,000
Cash flow
$60,000
Revenue
$240,000
Down
$80,000
Posting: 285169 | Available | 3/30/24
For sale is a juice/smoothie bar and boba shop near Arcadia for sale. It is next to Starbucks and is located near several private schools, so there are many student customers, bikers, and runners. It is in an excellent, high-foot traffic area near the beautiful city of Sierra Madre downtown.
Asking Price
$168,000
Cash flow
$144,000
Revenue
$692,000
Down
$240,000
Posting: 261025 | Available | 3/30/24
This is an absentee-run coffee shop at an excellent corner location. They have a stable income and it is near Balboa Pier, Newport Beach. The absentee owner works 5-12 hours per week. 4+5 year long-term lease. They've had the current owner for 6 years. It is an easy operation. Rare opportunity.
Asking Price
$499,000
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Posting: 283486 | Available | 3/30/24
This long-established pizzeria is for sale as a turn-key business opportunity. Step in and take over this local gem, bringing new life and some marketing to the business would likely increase revenues significantly. If you're looking for an easy food biz in one of the best SF neighborhoods.
Asking Price
Call/Email
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N/A
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Posting: 283197 | Available | 3/30/24
For sale is a 1,100 sq. ft Korean fried chicken restaurant in a small strip. This is an asset sale. This restaurant is located in an office area. Rent is $6100 including CAM and water and garbage. There's a fully equipped kitchen with a walk-in cooler walk-in freezer and a 7.5-foot hood.
Asking Price
$99,999
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
$180,000
Revenue
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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
$475,000
Revenue
$3,000,000
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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
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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
$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
N/A
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Posting: 283303 | Available | 10/11/23
Fully Equipped Restaurant in San Francisco's Fillmore District - Ready for Your Concept. This space is located in an area of town that has become a destination zone for successful, highly regarded restaurants such as State Bird Provisions, The Progress, and Anchovy Bar.
Asking Price
$99,000
Cash flow
$93,666
Revenue
$756,655
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Posting: 279892 | Available | 2/12/24
This is an exciting opportunity to own a franchise juice bar offering healthy juices, smoothies, and acai bowls in Napa County! The location is conveniently situated in the heart of a bustling shopping area, surrounded by grocery stores, hotels, and schools.
Asking Price
$299,000
Cash flow
$59,446
Revenue
$439,239
Down
$124,000
Posting: 285670 | Available | 3/15/24
For sale is an easy-to-operate, fast-casual restaurant featuring dine-in, take-out, and catering. It is a great location in a thriving town in a busy downtown area. They have healthy food selections catering to people on the go and customers who desire meals made from fresh ingredients.
Asking Price
$124,000
Cash flow
$300,000
Revenue
$1,775,000
Down
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Posting: 284743 | Available | 1/19/24
This is a freestanding drive-thru restaurant that was completely remodeled inside over the last 2 years. It is good looking inside and outside. All building components are newer and have been recently replaced. No deferred maintenance.
Asking Price
$900,000
Cash flow
$114,500
Revenue
$500,000
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Posting: 285232 | Available | 2/17/24
This is a fantastic opportunity to take over this long-established branded boba store with great potential in San Ramon. The owner-operator will be able to increase sales and net income. The new owner may de-brand and operate as a private boba store.
Asking Price
$325,000
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
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Posting: 279120 | Available | 10/19/23
This is an excellent location for this restaurant in Dublin. It is located near the main commercial and nice residential areas and also near several major streets and freeways. The restaurant has about 900 sq ft of space. There is a beer and wine license at this location.
Asking Price
$98,000
Cash flow
Call/Email
Revenue
$300,000
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Posting: 285558 | Available | 3/7/24
This reputable bakery shop is located on a very busy street in the Sunset district of San Francisco. There is heavy foot traffic. It opens 5 hours per day and opens 5 days only. The seller claims revenue is about $300,000 with individual customers only, SDE's net income is about $96,000.
Asking Price
$128,000
Cash flow
Call/Email
Revenue
$252,000
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Posting: 286080 | Available | 4/10/24
Located in center-point of Orange County's major tourist's attractions. Bring your own concept or keep existing concept. This is a turn-key restaurant ready for a new operator. Fast casual restaurant build-out in 2019, hood and equipment 4 years old. Very modern style restaurant design.
Asking Price
$130,000
Cash flow
$45,000
Revenue
$312,000
Down
$149,000
Posting: 285833 | Available | 3/26/24
Nestled in the heart of a picturesque beach community, this unique business seamlessly combines two delectable experiences in one prime location. Specializing in gourmet chocolates and self-serve frozen yogurt, it offers the perfect indulgence for both tourists and locals alike.
Asking Price
$149,000
Cash flow
$108,000
Revenue
$240,000
Down
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Posting: 285126 | Available | 3/17/24
This sushi bar is in a very big market. There is high foot traffic every day. Franchise headquarters charges a 36% (variable) fee of the gross sales. 36% includes all utility fees (rent, electricity, etc). You don't have to pay any utility fee. It is easy to operate and has a stable income.
Asking Price
$55,000
Cash flow
$488,000
Revenue
$2,400,000
Down
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Posting: 284980 | Available | 4/22/24
Explore an exciting opportunity in the heart of a bustling community! This well-established fast food, soul food restaurant has thrived for 7 years, offering a simple operation and a prime corner location in a high-traffic strip mall at a busy intersection. Boasting 2,800+/- sq. ft.
Asking Price
$1,200,000
Cash flow
Call/Email
Revenue
$591,000
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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
$90,171
Revenue
$681,768
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Posting: 283949 | Available | 3/22/24
This is a Togo's sandwich shop located in a mix of commercial and residential properties nearby. This is a cash opportunity and perfect for a first time buyer. Togo's is an established, 40-year old regional quality sandwich brand with nearly 275 locations. Credit must exceed 650, and minimum $105K.
Asking Price
$95,000
Cash flow
$110,000
Revenue
$480,000
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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
$195,000
Revenue
$477,000
Down
$250,000
Posting: 281735 | Available | 12/12/23
This business has existed for the last 40 years in the center location of San Jose. This is the first restaurant and grocery store ever opened in the Bay area. It has a great customer base. The hood size is 12 feet. The seller may carry a note, or partnership depending on the terms and conditions.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
$468,000
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Posting: 284470 | Available | 3/11/24
Subway is an American multinational restaurant franchise that specializes in submarine sandwiches, wraps, salads, and drinks. With 20,603 locations in more than 100 countries and territories, Subway is the largest single-brand restaurant chain and the largest restaurant operation in the world.
Asking Price
$199,000
Cash flow
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Posting: 285121 | Available | 2/12/24
It is located in Newark, is a delicatessen specializing in Japanese matcha-themed treats. It boasts a blend of traditional and modern flavors, offering a variety of delectable matcha desserts and beverages. The interior is elegantly designed, creating a cozy and inviting atmosphere.
Asking Price
$128,000
Cash flow
$60,000
Revenue
$240,000
Down
$80,000
Posting: 285169 | Available | 3/30/24
For sale is a juice/smoothie bar and boba shop near Arcadia for sale. It is next to Starbucks and is located near several private schools, so there are many student customers, bikers, and runners. It is in an excellent, high-foot traffic area near the beautiful city of Sierra Madre downtown.
Asking Price
$168,000
Cash flow
Call/Email
Revenue
$720,000
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Posting: 283701 | Available | 4/12/24
For sale is a well-established and famous fast food franchise store. The owners want to retire. Its current sale is about $60,000+ with 6 days open. Its store size is over 1,150 sq. ft and its current rent is $8,400 including NNN.
Asking Price
$275,000
Cash flow
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Posting: 281344 | Available | 3/22/24
This is a Little Caesar's located off a busy freeway with lots of drive-thru traffic. Neighbors include a mix of residential and commercial properties nearby. They have an upward sales trend and low rent. Comprehensive training is provided by the franchisor.
Asking Price
$290,000
Cash flow
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Revenue
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$150,000
Posting: 278876 | Available | 2/6/23
Coffee, Bar, Sandwich Restaurant for Sale | Outdoor and Indoor seating arrangement | Type 47 ABC license - on-sale liquor, beer, and wine sales | Located on the main road of the town | Popular restaurant with excellent online reviews.
Asking Price
$275,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$600,000
Posting: 283217 | Available | 3/5/24
For sale is a high-end convenience store with beer, wine, coffee, and a deli. This is a take-out restaurant business with great net profit/income. The amazing location has no competition. Call for more info. Buyers only please.
Asking Price
$1,490,000
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
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.
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Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
I am 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
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
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.
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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
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.
