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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
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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
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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
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Revenue
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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
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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
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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
$209,081
Revenue
$680,660
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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
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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
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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
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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
Call/Email
Revenue
$685,000
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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
$508,750
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Posting: 285466 | Available | 4/4/24
For sale is a well-established franchise store. The monthly net sales are $42,395 and the net profit is $6,000+. It is absentee-owned at a good location. Its current rent is about $4,825 including NNN.
Asking Price
$225,000
Cash flow
Call/Email
Revenue
$600,000
Down
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Posting: 285470 | Available | 4/4/24
For sale is a well-established franchise store. The monthly net sales are $50,000 and the net profit is $9,000+. It is absentee-owned at a good location. Its current rent is about $4,365 including NNN..
Asking Price
$275,000
Cash flow
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Posting: 276817 | Available | 4/3/24
Modena Pizza is now available for sale. They have an extensive menu that sells pizza, burgers, fries, salads, pasta, and more. The store has been in business for the last 12 years serving the community and loyal customers. It is now available for the right buyer to take over and continue.
Asking Price
$139,000
Cash flow
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Revenue
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Posting: 279427 | Available | 4/3/24
For sale is Sampler's House, a new pizzeria in a great nightlife area with a lot of other businesses around that will bring many people from the community and a five-star rating. Become a new business owner and continue this awesome reputation. The menu has a lot of options as well as beer.
Asking Price
$225,000
Cash flow
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Revenue
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Posting: 282291 | Available | 4/3/24
Anya's Deli is located in the North Berkeley area. It is a great and clean establishment that serves different authentic Indian food bars and ice cream. Sitting area outside the shop. This unique place has food, snacks, and different beverages including alcohol. It is newly remodeled.
Asking Price
$99,000
Cash flow
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Posting: 285049 | Available | 4/3/24
Located in the San Carlos hills and steeped in local history, Devonshire little store is now available for purchase. This market has been in business since 1935. With its classic architecture and location (Devonshire Little store is located, a mile away from the next closest business).
Asking Price
$150,000
Cash flow
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Revenue
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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
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Posting: 284846 | Available | 4/3/24
Current UAB enrollment is over 21,000. Meal plan revenue for freshmen only was over $10 million including both meal plan and dollars that can be used in retail. There are opportunities to provide catering service to a variety of campus organizations, clubs and meetings.
Asking Price
$449,000
Cash flow
N/A
Revenue
N/A
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Posting: 280188 | Available | 4/3/24
This is a cafe for asset sale. The price is for a quick sale. There is no competition around. This cafe is located between 15th and 16th Street and has lots of offices in an industrial area (some apartments are there). The seller spent over $150,000 to remodel and change equipment. It is up to code.
Asking Price
$55,000
Cash flow
$200,000
Revenue
$1,000,000
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Posting: 279686 | Available | 4/3/24
Price is lowered. For sale is a semi-absentee-run Mexican restaurant. It's located in the Design District with new development in the area (commercial, residential, and industrial area-mixed area). The size of the restaurant is 2,400 sq. ft and rent is $8,000 including CAM (5 years remaining).
Asking Price
$269,999
Cash flow
$44,756
Revenue
$246,904
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Posting: 285966 | Available | 4/3/24
This established pizza business is known for its premium pizzas and commitment to quality. While the current owner prioritizes quality over quantity, there's ample room for a new owner to convert to their own vision. Positioned in a prime location with high visibility and easy freeway access.
Asking Price
$99,000
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Posting: 285965 | Available | 4/3/24
Huge growth opportunity to increase sales by increasing hours, prices, and marketing. Huge opportunity for a more dedicated owner-operator. Currently, absentee-operated. Established business located downtown with busy foot traffic; located near SJSU. The store is recovering nicely from COVID.
Asking Price
$130,000
Cash flow
$335,351
Revenue
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Posting: 285960 | Available | 4/3/24
For sale are 5 KFC units available in California around the Sacramento, CA surrounding areas. KFC Overview: Just about everyone recognizes Colonel Sanders, the iconic Kentuckian who introduced the world to his secret fried chicken recipe of 11 herbs and spices back in 1940.
Asking Price
$1,600,000
Cash flow
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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
N/A
Revenue
N/A
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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
$475,000
Revenue
$3,000,000
Down
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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
$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
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Revenue
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$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
$180,000
Revenue
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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
$24,000
Revenue
$120,000
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Posting: 283934 | Available | 4/19/24
Price reduced! This attractive cafe-deli in North County Coastal Area is now available for an asset sale at $40,000 plus inventory. The 1,840 sq ft. space, complete with a patio, offers a great opportunity in a thriving business park. The monthly rent is $3,100.
Asking Price
$40,000
Cash flow
Call/Email
Revenue
$378,000
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Posting: 284325 | Available | 12/15/23
This pizza chain, established in 1987, boasts a well-known brand with a loyal following. The company was established by industry professionals with a growth mindset for this highly scalable concept. This 1,800 square foot location is on a well-trafficked boulevard and highly visible.
Asking Price
$65,000
Cash flow
N/A
Revenue
N/A
Down
$29,500
Posting: 277107 | Available | 4/18/24
Exclusive licensing opportunity for the only "Walk Around" Handmade Pizza product in the food service industry! Sold in well-known venues like Disneyland, San Diego Zoo, Sports stadiums, Grand Prix, Breweries, Fairs, specific territories, and much more. Let us set up a meeting with the Licensor!
Asking Price
$29,500
Cash flow
$93,714
Revenue
$381,490
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Posting: 283733 | Available | 11/7/23
This very popular, healthy food restaurant in Northern New Jersey is available for sale because the seller wants to relocate. The business does significant home delivery and take-out, as well as, in-restaurant business. The restaurant uses only the freshest, ripest, and most flavorful ingredients.
Asking Price
$249,000
Cash flow
Call/Email
Revenue
$780,000
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Posting: 283933 | Available | 4/30/24
This is a fried fish and chicken/seafood restaurant for sale in East Oakland off International Blvd on a strip mall. The location is convenient if you have to do laundry or buy hair supplies because they're in the same lot as a laundromat and a beauty supply store. It has been a staple.
Asking Price
$350,000
Cash flow
$84,000
Revenue
$540,000
Down
$288,000
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
$288,000
Cash flow
$100,000
Revenue
$1,127,500
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Posting: 286126 | Available | 4/14/24
Located on the main boulevard in the south San Fernando Valley, this spacious 2,800 square feet kosher burger restaurant has proven to be a popular spot to get a variety of freshly cooked burgers, all made with fresh, local ingredients. The menu also includes hot dogs, wraps, salads, and plates.
Asking Price
$259,000
Cash flow
$78,000
Revenue
$440,000
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Posting: 282297 | Available | 11/1/23
This well-established restaurant is a simple operation with a traditional grill menu including burgers, french fries, milk shakes and soft serve. It is set up for takeaway but has a nice area for those that choose to dine in. The restaurant benefits from a very visible location near offices.
Asking Price
$175,000
Cash flow
$231,903
Revenue
$1,780,399
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Posting: 274272 | Available | 3/22/24
This high-volume Fatburger/Buffalo Cafe is located on a street with heavy foot traffic near commercial businesses and universities. Fatburger is a quick casual, take-out & sit-down hamburger chain founded in 1952. It features freshly prepared, cooked-to-order food prepared in full view of guests.
Asking Price
$895,000
Cash flow
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Revenue
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Posting: 283503 | In Escrow | 2/15/24
Downtown Location: Being located in the downtown area can be a significant advantage for a restaurant. It offers easy access for both locals and tourists, and it often provides a vibrant atmosphere.
Asking Price
$398,000
Cash flow
$45,000
Revenue
$312,000
Down
$149,000
Posting: 285833 | Available | 4/30/24
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
$283,605
Revenue
$724,000
Down
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Posting: 276373 | Available | 5/30/23
Dairy Queen Franchise available in Bermuda Dunes. Great location in a busy shopping center that is anchored by Stater Brothers Market. This is an established business of 17 and has many regular returning customers. This is a great opportunity to be your own boss!
Asking Price
$495,000
Cash flow
$66,000
Revenue
$402,000
Down
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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
$144,000
Revenue
$780,000
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Posting: 283742 | Available | 11/8/23
If you are seeking savory and authentic Chinese food in the South Bay, there is no better place than this Chinese food that makes you crave more of their authentic Chinese food in Torrance. All ingredients are fantastic quality and it is always top quality and fresh.
Asking Price
$144,000
Cash flow
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Revenue
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Posting: 276670 | Available | 2/28/24
For sale is a popular and well established cafe serving breakfast and lunch just off of Union Square. They have a Type 41 beer and wine license. Kitchen has a type 1 hood and walk-in cooler. The area gets tons of foot traffic. It is 1,700 square feet with a great lease.
Asking Price
$125,000
Cash flow
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Posting: 286220 | Available | 4/22/24
The asset sale pertains to a well-established and maintained store located in a nearby college area. The store, spanning 1,000 sq.ft., is situated near a street with heavy traffic, ensuring easy accessibility, and boasts an ample parking lot.
Asking Price
$79,000
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
$121,000
Revenue
$576,000
Down
$399,000
Posting: 278600 | Available | 3/4/23
Jinky's Coffee Shop/Restaurant in a highly visible corner location in Santa Monica Promenade. Ocean view from the front of the shop. Newly established for approximately 2 years. Previously was a Coffee Bean and Tea Leaf store. Lots of potential to grow. Lunch and dinner items can be added.
Asking Price
$499,000
Cash flow
$100,000
Revenue
$358,000
Down
$135,900
Posting: 285378 | Available | 3/29/24
For sale is a new franchise boba tea, ice cream, specialty store by the Franchisor! This is a turn-key store that is fully staffed and profitable! The franchisor will train and support the new buyer. The franchise was established in 2019 and is actively selling franchises in 30 states.
Asking Price
$135,900
Cash flow
$144,000
Revenue
$900,000
Down
$400,000
Posting: 284087 | Available | 5/1/24
Welcome to the renowned "Last Great Hamburger Stand" - a free-standing Fat Burger restaurant with a drive-thru, located in the vibrant heart of Las Vegas. The owner is now looking to retire, presenting a fantastic opportunity for an enthusiastic new owner.
Asking Price
$400,000
Cash flow
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Revenue
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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
$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
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Revenue
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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
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.
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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
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
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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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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.
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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
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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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.
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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.
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.
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 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.
You've found your dream business. You've called/emailed/texted the broker or owner; you've tried to reach out again via phone/email/text. However you're not getting a response and it's getting frustrating. How to get brokers/owners to return your calls/emails/texts - what key strategies to utilize.
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.
Selling a business is hard enough but using the wrong word, text, and strategy can really delay or outright kill a campaign to sell a small business successfully. Peter Siegel, MBA Founder of BizBen.com shares what words, phrases, and strategies work (and not) when selling a small business online.
There are companies who specialize in purchasing Business Notes (of course at a discount). You can sell all or part of your note. Peter Siegel, MBA BizBen Founder and ProBuy & ProSell Lead discusses this entire process in his latest article on selling your business note after you sell your business.
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.
