Cash flow
Call/Email
Revenue
$2,300,000
Down
Call/Email
Posting: 285613 | Available | 3/11/24
For sale are two great locations on a major intersection. One is in Costa Mesa in a great food court and the other is in Huntington Beach at a free-standing on a signalized corner on Beach Blvd.
Asking Price
$425,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281504 | Available | 3/9/24
A Korean-style corn dog franchise is for sale in the Dublin shopping center. This corn dog franchise is capturing America's taste buds with the Korean-style corn dog that had not been tasted before. The outer coating of the corn dog is unique, offering a satisfying crunch and texture
Asking Price
$275,000
Cash flow
$173,400
Revenue
$1,337,000
Down
Call/Email
Posting: 279680 | Available | 3/8/24
For sale are 2 Jimmy John's sandwich franchises that are located only 20 minutes apart with their 2023 sales growth at 7.3%. Jimmy John's is the largest sandwich chain specializing in delivery and is part of the Inspire Brands Family. Founded in 1983, Jimmy John's has grown to ~2,800 in 43 states.
Asking Price
$550,000
Cash flow
$200,000
Revenue
$960,000
Down
$495,000
Posting: 285585 | Available | 3/8/24
For sale is a prime location with heavy foot traffic in a food court that has easy access from outside retail businesses. It is open from 11-8pm Mon-Fri., 11-9 Sat. and 11-7 Sun. It has low rent with utilities. They have very steady income and sales. An experienced couple has lots of potential.
Asking Price
$495,000
Cash flow
$67,976
Revenue
$269,583
Down
Call/Email
Posting: 285578 | Available | 3/8/24
Established over five years ago, this niche bakery has been innovative and profitable. This business is strategically located in one of the busiest sub-markets in San Diego. The premise is approximately 1,000 SF and the monthly rent is $5,026.52, which includes NNN's.
Asking Price
$175,500
Cash flow
Call/Email
Revenue
$259,697
Down
$129,000
Posting: 282875 | Available | 3/7/24
The Wrap Shack in Bermuda Dunes is an exciting opportunity for any aspiring restaurateur or entrepreneur looking to enter the food industry. Located in the heart of Bermuda Dunes, this well-established eatery has been serving delicious wraps and Mediterranean eats to locals and tourists alike.
Asking Price
$119,000
Cash flow
$419,169
Revenue
$2,769,619
Down
Call/Email
Posting: 280052 | Available | 3/7/24
For sale is a Zaxby's franchise with sales above brand AUV at a freestanding drive-thru location. One of the fastest growing franchises, Zaxby's has -900 locations predominately in the south.
Asking Price
$1,550,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285550 | Available | 3/6/24
This Mexican restaurant serves all the classics -- quesadillas, burritos, sopes, mulitas, and tortas for lunch and dinner. It's in a very good location: a small strip center (only 5-6 stores) with name-brand franchise tenants, directly facing several recently built apartment complexes.
Asking Price
$175,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285546 | Available | 3/6/24
This is a unique opportunity to acquire a fully renovated and restored historic supermarket in an iconic North Bay town. This 6,000 sq ft. market features new refrigeration, shelving, an ADA bathroom, a deli, check-out areas, and more. This historic market has been serving the community since 1950s.
Asking Price
$3,600,000
Cash flow
Call/Email
Revenue
$300,000
Down
$25,000
Posting: 283596 | Available | 3/6/24
For sale is a franchise mochi donut shop. The menu has premium boba drinks, lemonade, corndogs, and gourmet donuts. It's easy to run as the owner is semi-absentee. It is also near Long Beach Airport and has 7 employees with nice hours. This a must-see business.
Asking Price
$69,000
Cash flow
Call/Email
Revenue
$550,000
Down
Call/Email
Posting: 282814 | Available | 3/5/24
This is a great opportunity to own a franchise juice shop with ice cream and snacks in LA county. It is 100% employee run. It is a visible location on a main street with plenty of parking. This is a very fast growing business and potential to save increases profits by owners manage.
Asking Price
$199,000
Cash flow
Call/Email
Revenue
$377,000
Down
$69,000
Posting: 278178 | Available | 3/5/24
This is an established take-out & delivery pizzeria at a busy shopping center anchored by a grocery store. It is 1,862 sq ft. and equipped with a hood, a walk-in cooler, and a large kitchen. The fresh pan and deep pizza have an amazing flavor that large takeout pizza competitors don't have.
Asking Price
$69,000
Cash flow
$150,164
Revenue
$1,037,867
Down
Call/Email
Posting: 285504 | Available | 3/5/24
This is an attractive location on a highly visible location on an extremely busy street. The location is near the freeway with many retailers lining the avenue. A school is within walking distance as well as a manufacturing facility and church.
Asking Price
$430,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285500 | Available | 3/5/24
This is a burger and cheesesteak restaurant for sale in Downtown Oakland. It is located close to a federal building, and civic center. The neighborhood is very nice and right in front of this office building is a walkway area with places to go for lunch, not just Starbucks.
Asking Price
$75,000
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
Cash flow
$76,140
Revenue
$622,773
Down
Call/Email
Posting: 285487 | Available | 3/4/24
For sale is a national franchise in the prime location of South West San Diego! This store boasts reasonable rent and has been remodeled to meet the latest brand requirements, ensuring a fresh and inviting atmosphere for customers. Ideal for an entrepreneur looking to run their own business.
Asking Price
$157,000
Cash flow
$72,000
Revenue
$372,000
Down
Call/Email
Posting: 285481 | Available | 3/3/24
For sale is a part-time business (since 2019) that serves American food, sandwiches, wraps, and salads. It is located in a business building/park area. There is no hood or gas. The owner works 10 hours a week. They do online orders and pickup only (Sat and Sun).
Asking Price
$199,000
Cash flow
$240,000
Revenue
$780,000
Down
Call/Email
Posting: 285464 | Available | 3/2/24
A motivated seller is offering this well-established and charming one-of-a-kind restaurant with an outdoor patio seating to enjoy meals. This chain created the world's largest root beer floats and there is plenty of parking. The interior decor reminds you of the 1960s.
Asking Price
$750,000
Cash flow
Call/Email
Revenue
$913,980
Down
Call/Email
Posting: 285460 | Available | 3/1/24
This fantastic and growing gourmet burger & wine restaurant and concept is now for sale in Sonoma County. The Chef owner has built a fantastic following and received a huge amount of accolades, good media and great reviews in the two years it has been open.
Asking Price
$180,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 285459 | Available | 3/1/24
For sale is a brand new, built beautiful boba & tea shop located in a major shopping center surround by many residential and businesses. The current owner has other business to run and couldn't taking care of this one. It was 100% totally new built last year and has so much potential.
Asking Price
$149,000
Cash flow
$50,000
Revenue
$50,000
Down
$35,000
Posting: 285458 | Available | 3/1/24
For sale is a coffee and sandwich inside a city and private building. It is open 5 days a week so it is easy to operate. For 9 years it has been operated by the present owner. No rent.
Asking Price
$35,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284231 | Available | 3/1/24
This 450 sf coffee shop is ideally located on one of the busiest intersections in Berkeley. The area is vibrant, clean, and safe. The surrounding blocks have the ideal kind of clients and neighboring retail, including a hospital with lots of staff and people craving great coffee and a fresh snack.
Asking Price
$135,000
Cash flow
$61,233
Revenue
$606,111
Down
$12,500
Posting: 285079 | Available | 3/1/24
This popular fast-casual restaurant, Waba Grill Franchise, in Los Angeles County offers delicious and healthy options, attracting a loyal customer base. Prime location with high foot traffic and strong sales performance. Fully equipped and operational, it is ready for a new owner to take the reins.
Asking Price
$224,999
Cash flow
$240,000
Revenue
$800,000
Down
$150,000
Posting: 285432 | Available | 2/29/24
For sale is a famous 40-year-old hamburger restaurant on the beach by one owner. It is in a heavy tourist, rich area on the Pacific coast in LA. The annual sales are $800,000 and the annual net is $240,000. There will be training & support and it is SBA loan prequalified.
Asking Price
$430,000
Cash flow
$100,000
Revenue
$570,000
Down
$100,000
Posting: 285431 | Available | 2/29/24
For sale is a fantastic juice bar and smoothie franchise that is 100% absentee-run in LA county. The annual rate is $600,000 and the annual net is $100,000. There will be training & support and it is SBA loan prequalified.
Asking Price
$285,000
Cash flow
Call/Email
Revenue
$226,000
Down
Call/Email
Posting: 285424 | Available | 2/29/24
This is a delivery-only restaurant with 6 brand offerings from different websites and menus. The business is based in the San Fernando Valley and customers consist of residential, commercial and catering from the surrounding area. The business is absentee owner-run.
Asking Price
$49,950
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284194 | Available | 2/27/24
This is an absentee-run burger and cheesesteak joint for sale near UC Berkeley. It is a hidden gem near UC Berkeley on the south side. They also sell hot dogs and popular Oreo milkshakes. The store generates lots of sales through its Snackpass self-ordering kiosk along with Doordash, UberEats, etc.
Asking Price
$260,000
Cash flow
$50,000
Revenue
$380,000
Down
$154,900
Posting: 284866 | Available | 4/25/24
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
N/A
Revenue
N/A
Down
Call/Email
Posting: 282202 | Available | 4/25/24
For an asset sale is a boba and snack shop. This shop has a very good rental rate ($1,900) and is located in the busy shopping center. The size of the store is 600sq. There's a 4-foot-long type 1 hood. Due to the asset sale, finances will not be available.
Asking Price
$99,999
Cash flow
$180,000
Revenue
Call / Email
Down
Cash
Posting: 248011 | Available | 4/23/24
Reduced Price. Fast food free standing restaurant with drive thru. Located on a Major corner intersection on a main street. Excellent books and records. Monthly Rent: $4,000. Lease has 17 years left. Open 7 days. Sunday - Thursday, 6am - 9pm + Friday - Saturday, 6am - 10pm. Price reduced $450K.
Asking Price
$450,000
Cash flow
$475,000
Revenue
$3,000,000
Down
Call/Email
Posting: 267141 | Available | 4/23/24
For sale are two bagel and sandwich shops that are available. They are in excellent commercial areas that have a hospital and residents that are high and middle-income. 2022 Year to Date made approximately $3 Million / Pandemic approximately $2.7 million plus 2020.
Asking Price
$1,675,000
Cash flow
$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
Call/Email
Revenue
$425,000
Down
Call/Email
Posting: 284293 | Available | 4/11/24
This Northern California based Coffee Shop is a California Sub-Chapter S Corporation and was formed 4 years ago and has been under current ownership since inception. Their coffees are carefully selected from the best coffee farms from around the world. The shop has a great centralized location.
Asking Price
$275,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285724 | Available | 3/20/24
This fantastic ~2,500 sq ft. space and design was heavily invested, and located in one of Marin's most affluent and safe communities called Tiburon. The popular fast casual service concept opened in 2021 after completing a fantastic remodel and upgrades to the equipment and fixtures.
Asking Price
$220,000
Cash flow
$96,000
Revenue
$360,000
Down
N/A
Posting: 284107 | Available | 12/1/23
For sale is a pizza shop located in a busy shopping center in Chula Vista, CA. It is an easy, turnkey-operation. The shop has double deck conveyor It is also easy to maintain, so one person can run it. It has an ABC license. It opens only 6 days a week.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285561 | Available | 4/25/24
For sale is a Chinese restaurant. The landlord is willing to renegotiate rent with a qualified buyer. The restaurant has been located in a non-competitive area for over 30 years. The seller has done repairs for the Health Department Inspection for Changing of Ownership.
Asking Price
$85,000
Cash flow
Call/Email
Revenue
$1,487,700
Down
Call/Email
Posting: 282532 | Available | 1/17/24
For sale are 2 pizza franchise restaurants in Riverside County. They are both about 3-years old. They are anchored by national businesses in busy shopping centers. They both have BW licenses. Both locations are the only franchise pizzas in town. The locations have a lot of potential.
Asking Price
$700,000
Cash flow
Call/Email
Revenue
$550,000
Down
Call/Email
Posting: 282814 | Available | 3/5/24
This is a great opportunity to own a franchise juice shop with ice cream and snacks in LA county. It is 100% employee run. It is a visible location on a main street with plenty of parking. This is a very fast growing business and potential to save increases profits by owners manage.
Asking Price
$199,000
Cash flow
$93,000
Revenue
$520,000
Down
$350,000
Posting: 284801 | Available | 3/29/24
Situated in a bustling shopping center with exceptional visibility from the 10 Freeway, this thriving boba tea shop is an excellent business opportunity. Currently managed by an absentee owner, the shop boasts a fully equipped kitchen featuring a 10-foot hood, ideal for a range of offerings.
Asking Price
$350,000
Cash flow
Call/Email
Revenue
$200,000
Down
Call/Email
Posting: 284309 | In Contract | 12/15/23
This is a cute boba shop for sale in Placerville near El Dorado High School, Union Mine High School and Ponderosa High School. They have a super cute ambiance inside. It is approximately 1,100 square ft with 20 seats. Placerville is one of the best destinations in Northern California for outdoors.
Asking Price
$120,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 271827 | Available | 9/16/23
This is an ice cream shop for sale in San Francisco, CA. It is a great location with an excellent fan base. It is a turnkey operation with everything ready to go. The business is currently in operation and has made it through the pandemic. They have high cash flow and the size is 900 sq ft.
Asking Price
$497,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285088 | Available | 2/9/24
Want to be your own boss? The Sandwich Spot is now looking for owners in the Las Vegas area. A popular California brand we are now looking for highly motivated, energetic individuals to join our team in the greater Las Vegas Area!!
Asking Price
100,000 to 350,000K
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286198 | Available | 4/19/24
For sale is a turnkey fast casual restaurant in North San Jose, with ghost kitchen possibilities. This is the perfect opportunity for an experienced entrepreneurial restauranteur, where short time to market matters. The location is primarily geared toward take-out with a larger kitchen.
Asking Price
$159,950
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
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
$177,008
Revenue
$1,522,050
Down
Call/Email
Posting: 286049 | Available | 4/8/24
This is located off highway with lots of drive thru traffic. Neighbors include national retail. DQ operators have been providing consumers with crave-satisfying treats and foods since 1940. Liquidity requirements are $150k and net worth $290k.
Asking Price
$575,000
Cash flow
$190,000
Revenue
$972,000
Down
Call/Email
Posting: 282900 | Available | 3/11/24
For sale is a leading pizza brand with over 40 years in business, and more than 250 restaurants across California, Oregon, Nevada, Arizona, Utah, and Idaho. Built in 2009 and under current ownership since 2013, this absentee-run restaurant is in an open-air shopping mall in Union City.
Asking Price
$349,000
Cash flow
Call/Email
Revenue
$600,000
Down
Call/Email
Posting: 285507 | Available | 4/19/24
For sale is a well-established poke restaurant in the community near Fullerton and Buena Park. Currently, the restaurant's monthly sale is about $50,000. It's a good size of 1,035 sq. ft with a rent of $6,650 including NNN and plenty of parking spaces. It has easy management and operation.
Asking Price
$185,000
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284231 | Available | 3/1/24
This 450 sf coffee shop is ideally located on one of the busiest intersections in Berkeley. The area is vibrant, clean, and safe. The surrounding blocks have the ideal kind of clients and neighboring retail, including a hospital with lots of staff and people craving great coffee and a fresh snack.
Asking Price
$135,000
Cash flow
$85,000
Revenue
$600,000
Down
$170,000
Posting: 286113 | Available | 4/12/24
An outstanding opportunity to own a well-established pizza franchise that has been a staple in the community for over 34 years. This beloved location is renowned for its repeat customers and strong local presence. The restaurant is designed like a sports bar, complete with multiple TVs.
Asking Price
$170,000
Cash flow
Call/Email
Revenue
$36,000
Down
$69,000
Posting: 282732 | Available | 9/8/23
For sale is a cafe in a class-A office building in a key area of San Mateo. It is located near a lagoon, so it is perfect for outdoor seating. The current owner is absentee, as he has 2 other businesses. This is a terrific buy for an owner/operator.
Asking Price
$69,000
Cash flow
Call/Email
Revenue
$384,000
Down
Call/Email
Posting: 280726 | Available | 4/15/24
For sale is a well-established and famous sandwich shop surrounded by office buildings and apartment complexes in Irvine. It is located in the small street shopping center. The current owner opens the store for lunch only on weekdays. There is NO HOOD, but it has two restrooms for ABC license.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$250,000
Posting: 280835 | Available | 11/14/23
This Long Beach venue is ideally located in a heavy foot traffic location with high visibility and a tremendous amount of potential to do a significant volume of business. The venue with a 60-person occupancy boasts a prominent corner location and outdoor patio.
Asking Price
$150,000
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
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
ServingNationwide - All Areas
I am the Founder Of BizBen.com. I consult daily with intermediaries, business buyers, owner/sellers & advisors daily about buying and selling California small to mid-sized businesses. Contact me today about joining & utilizing BizBen, consultations, & advisory services.
ServingNationwide - All Areas
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.
ServingNationwide
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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First impressions are critical when selling a business - ask any potential business buyer. Peter Siegel, Founder Of BizBen explains why all potential small business sellers need to make sure that first impression is a good one.
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.
Most owners know that when choosing a broker to help sell your business, it's good to find out about his or her background and maybe get some references of people who've worked with the professional. Before signing a listing agreement, it helps to know these extra things about the business broker.
With the economy in growth mode, many owners of small companies who are ready to retire or invest in another enterprise would be smart to offer their business for sale. But some insist on hanging on as owner just a little bit longer. And that might be a mistake. Three reasons people make this error.
Unlike a traditional brick and mortar business, selling a home business requires more finesse on the part of the seller. You really need to do your due diligence and prepare the business to be sold in order to make it attractive to a buyer. Here are my tips to achieving a successful sale.
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.
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.
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.
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.
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.
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.
