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
$110,000
Revenue
$400,000
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 $36,000/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, and Sandwiches. It is absentee-owned.
Asking Price
$180,000
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
$200,000
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: 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
$84,000
Revenue
$564,000
Down
Call/Email
Posting: 271951 | Available | 4/4/24
For sale is an absentee-run, well-established Waba Grill in Los Angeles County, CA. It is located in a very busy area. It is a well-maintained store and has good equipment with reasonable rent. The seller has another business and he could not focus on this business. There is potential to grow.
Asking Price
$359,000
Cash flow
$172,208
Revenue
$1,177,501
Down
Call/Email
Posting: 285856 | Available | 4/4/24
This is an excellent location near busy commercial stores and heavily trafficked streets. The store is well cared for and has had a loyal following since opening in 2010. Business must be purchased with real estate. The price of real estate is $1.2 million.
Asking Price
$325,000
Cash flow
$53,034
Revenue
$682,663
Down
Call/Email
Posting: 285505 | Available | 4/4/24
This is an employee-run store located inside of a busy shopping mall with a supermarket. It is surrounded by office buildings and residential communities. They remodeled the entire store with new furniture. It is absentee-run and located in the South Bay.
Asking Price
$249,000
Cash flow
$475,000
Revenue
$3,000,000
Down
Call/Email
Posting: 267141 | Available | 4/30/24
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
$180,000
Revenue
Call / Email
Down
Cash
Posting: 248011 | Available | 4/30/24
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
N/A
Revenue
N/A
Down
Call/Email
Posting: 282202 | Available | 5/1/24
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
Call/Email
Revenue
Call/Email
Down
$79,000
Posting: 286297 | Available | 4/27/24
A fully built-out (ADA compliant) limited-service restaurant is available for asset sale. The FF&E and location make it ideal for a salad, sandwich, drink, dessert, or prepared food concept. Situated in the Richmond District of San Francisco, it boasts high foot traffic and street visibility.
Asking Price
$79,000
Cash flow
$50,000
Revenue
$380,000
Down
$154,900
Posting: 284866 | Available | 4/30/24
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: 284858 | Available | 4/3/24
For sale is a delightful boba tea shop in the Berryessa area of San Jose. Strategically positioned geographically, the shop covers an area of 1,000 sq. ft and features an ADA-compliant restroom. This thriving local business comes with favorable lease terms, approximately $4,000/month.
Asking Price
$90,000
Cash flow
$110,000
Revenue
$400,000
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 $36,000/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, and Sandwiches. It is absentee-owned.
Asking Price
$180,000
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
$37,500
Revenue
$370,000
Down
Call/Email
Posting: 284507 | Available | 1/4/24
This shop presents a rare opportunity to acquire a well branded, independent coffee house that includes their own hand selected coffee beans offering an excellent coffee menu, light food, coffee beans freshly roasted (ground if you prefer) and sold by the bag (size(s).
Asking Price
$160,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283492 | Available | 4/27/24
A beautifully designed restaurant is serving fried chicken and boba tea. It was built from scratch a couple of years ago. It is a corner location on a major street. Ample parking. It can be converted. The hood is 7 feet. Two ADA restrooms. 1579sf. Rent $4889 + 1490(water, garbage, & NNN)
Asking Price
$175,000
Cash flow
$488,000
Revenue
$2,400,000
Down
Call/Email
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
$633,546
Down
Call/Email
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
$115,000
Cash flow
$240,000
Revenue
$1,440,000
Down
Call/Email
Posting: 260656 | Available | 11/14/23
This business has been established for over 13 years. The present owner has been here for the last 3 years. The place has 15 employees, 8 full-time and 7 part-time. The owner operates the business. It is open for 7 days from Monday to Saturday from 7 am to 8 pm and Sunday from 7 am to 3 pm.
Asking Price
399,000+ Inv
Cash flow
$77,459
Revenue
$419,845
Down
Call/Email
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
Call/Email
Revenue
$1,000,000
Down
Call/Email
Posting: 285217 | Available | 2/16/24
For sale is a fast food, fish & chips restaurant (Fish Market). They are closed on Sundays but open 6 days a week. It is well-established and the owner is retiring. The annual sales are $1 million and the asking price is $550,000.
Asking Price
$550,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call / Email
Posting: 279669 | Available | 10/8/23
For sale is a sandwich shop that is open 5 days a week. There is a hood and grill with a grease trap. The monthly average is $35,000. Rent is $2,370 including NNN. There is one owner plus 3 helpers. Payroll is$8,000. It was remodeled and invested around $100,000. There are all new FF&E.
Asking Price
$149,000
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
$428,233
Revenue
$1,271,811
Down
Call/Email
Posting: 281817 | Available | 4/16/24
Artisanal French-themed bakery for sale, renowned for diverse specialties, high-end pastries, and exceptional financial success. A paragon of excellence within the pastry community, inspiring others with astute business practices and unwavering commitment to craftsmanship.
Asking Price
$1,000,000
Cash flow
$120,000
Revenue
$504,000
Down
$205,000
Posting: 226128 | Available | 10/12/20
Pizza restaurant for sale with a good reputation. Loyal customers and ample parking. A new operator with good business sense would do much better than the current owner. Seller encourages any serious buyer to do an in-store observation to understand the value of outstanding and profitable business.
Asking Price
$205,000
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
$72,000
Revenue
$240,000
Down
Call/Email
Posting: 284895 | Available | 1/29/24
This is a boba shop that operates under the same brand name in multiple locations like a franchise. However, there is no franchise fee. The store is very clean and has a well-decorated interior. The owner will pass on all the recipes to the new owner so he can run the boba shop. Must see!
Asking Price
$99,000
Cash flow
$120,000
Revenue
$480,000
Down
Call / Email
Posting: 269639 | Available | 8/31/21
Cash to SBA Loan. Gross income ; $480,000. Net Income ; $120,000. Low rental.
Asking Price
$200,000
Cash flow
$330,000
Revenue
$67,000
Down
Call/Email
Posting: 280296 | Available | 7/26/23
We are pleased to offer this established bakery & snack franchise in a high-foot-traffic area. This business is profitable and offers the support of a franchise along with easy-to-manage and produce the product. The 2022 sales are approximately $330k and the net is approximately $67k.
Asking Price
$119,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285100 | Available | 4/18/24
For sale is a closed fast food restaurant that is located on busy Grand Avenue. All equipment and machines are there (all assets are included). The size of the restaurant is 2,600 sq. ft and the new rent will be $9,300. There's a fully equipped kitchen with a 15-foot hood (wok and walk-in cooler).
Asking Price
$49,999
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
$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
Call/Email
Revenue
$240,000
Down
Call/Email
Posting: 284410 | Available | 4/13/24
This is an absentee-run, cute ice cream/frozen yogurt shop for sale in Los Angeles. It is located about 1 1/2 blocks south of Melrose, on the east side of the street on La Brea Blvd. Their ice cream and drinks are under RCC Kosher for Chalav Yisrael. They make also hand-rolled waffles.
Asking Price
$38,000
Cash flow
$85,000
Revenue
$746,000
Down
Call/Email
Posting: 286263 | Available | 4/25/24
For sale is a freestanding drive through quick service restaurant. It is located in a very busy area next to Santa Ana college (I am not putting the name of the college in our ads). It has a private parking lot and good visibility with very little competition. 14 years left on the lease!
Asking Price
$315,000
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
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
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
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 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.
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A question sellers ask: how do I sell my business without getting sued, isn't a subject just for discussions with lawyers. A seller can take some precautions to reduce potential legal problems. Peter Siegel, MBA Founder Of BizBen and BizBen.com's ProBuy and ProSell Programs discusses this topic.
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 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.
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.
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!
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.
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 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.
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.
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.
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.
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.
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.
