Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283671 | In Escrow | 2/11/24
For sale is an absentee Mexican restaurant in a Fremont shopping center near FoodMaxx, Panda Express and Mountain Pizza. It's around 1,500 sq ft with 20 seats. The rent price is $4,000 and covers water, garbage and CAM charges. It can convert into other cuisines except for Indian, Chinese and pizza.
Asking Price
$110,000
Cash flow
Call/Email
Revenue
$540,000
Down
Call/Email
Posting: 278162 | Available | 2/10/24
A motivated seller offers this well-established charming one-of-a-kind poke restaurant in Sun Valley. This poke restaurant is by far the best poke in Los Angeles and second, to none the food is amazingly delicious and always top quality and fresh.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$20
Posting: 285096 | Available | 2/9/24
The owner wants to sell this hamburger shop with real estate. The asking price (business + real estate) is $2.4M. Only the hamburger shop is $145,000. The down would be 20%~30% of the purchase price. It is located on the border between Oakland and San Leandro, Alameda County, CA.
Asking Price
$2,340,000
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
$314,418
Revenue
$2,477,162
Down
$35,000
Posting: 284540 | Available | 2/8/24
A unique opportunity presents itself for the acquisition of a stable and profitable Papa John's Pizza Franchise comprising (3) strategically positioned stores in the San Gabriel Valley Area. This confidential sale mandates proof of funds and adherence to Papa John's qualification standards.
Asking Price
$1,195,000
Cash flow
$60,000
Revenue
$300,000
Down
Call/Email
Posting: 283597 | Available | 2/8/24
For sale is a Mexican restaurant in nice shopping center. This beautiful-looking restaurant has low rent and long lease. It closes on Mondays. It was established in 1968. The owner remodeled the corner location a year ago and it has lots of parking. It is off the 605 freeway.
Asking Price
$150,000
Cash flow
$148,000
Revenue
$2,600,000
Down
Call/Email
Posting: 284329 | Available | 2/8/24
For sale is a super Asian grocery store in a nice shopping center in Orange County with a full hot kitchen and a full line of groceries and bulk food items. It is a turnkey business. This Asian market sales are over $2.6M approximately. There is a full kitchen, 20 employees, and a buffet kitchen.
Asking Price
$548,000
Cash flow
$100,000
Revenue
$450,000
Down
$50
Posting: 285020 | Available | 2/6/24
For sale is a newer-remodeled Subway with good sales and net profits that has been operating for over 30 years by the same family. It has great income especially for an owner/operator family while also in a good neighborhood (schools nearby). Owners looking to retire or willing to have partners.
Asking Price
Reduced
Cash flow
$235,539
Revenue
$625,098
Down
$217,000
Posting: 285024 | Available | 2/6/24
This boba shop is a vibrant and dynamic shop nestled in the bustling heart of a college town. They specialize in serving an array of delicious and innovative boba tea creations crafted with premium ingredients and a touch of creativity. With a prime location and a dedicated following.
Asking Price
$395,000
Cash flow
$157,000
Revenue
$548,000
Down
Call/Email
Posting: 285007 | Available | 2/5/24
This is an excellent opportunity for a new owner-operator to take over this established business. The owner has operated the business for over two decades and is looking to retire. The store will be fully remodeled in 2023. The store has low rent. This is a perfect high-volume store.
Asking Price
$478,000
Cash flow
$480,611
Revenue
$2,931,700
Down
Call/Email
Posting: 284997 | Available | 2/3/24
Established several years ago, this multi-unit chain has had increasing revenues and profits. Gross sales for 2023 were $2,931,700 with $480,611 in EBITDA, up from 2022. There are approximately 35 employees. The business has very good social media reviews and modern marketing collateral.
Asking Price
$1,399,000
Cash flow
$240,000
Revenue
$2,122,000
Down
Cal/Email
Posting: 284972 | Available | 2/2/24
This franchise business is offering 2 locations in North Los Angeles County is a fast-growing, low food cost concept with 11 years of sales history and tremendous regional brand recognition throughout Southern California. A patented process allows for serving a customized salad meal in ~3 minutes.
Asking Price
$595,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284952 | Available | 2/1/24
This bubble tea shop is situated in the picturesque Los Gatos downtown area. The scenery is beautiful, there is a high level of pedestrian activity, and it exudes a highly romantic ambiance. Nearby, there are high schools, elementary schools, and other establishments.
Asking Price
$200,000
Cash flow
Call/Email
Revenue
$600,000
Down
Call/Email
Posting: 284924 | Available | 1/30/24
This is a top pizza concept with ~$250,000 invested in the amazing build-out! In the few years this business has been operating, it has dramatically grown sales each year. This concept has gained a lot of press for its high-quality and tasty pizza.
Asking Price
$380,000
Cash flow
$60,000
Revenue
$240,000
Down
Call/Email
Posting: 279059 | Available | 1/30/24
For sale is a famous franchise ice cream dessert shop that is easy to operate. It is located in a busy shopping center with lots of foot traffic. The seller has other businesses requiring full attention. The monthly gross is $24,669 and the monthly net is $5,000.
Asking Price
$119,000
Cash flow
$190,000
Revenue
$760,000
Down
Call/Email
Posting: 276990 | Available | 1/30/24
For sale is an Asian fusion & boba drink shop. There has been one owner with 15 years who wants to retire. The gross is $64,000 per month, rent is $5,800 per month, payroll is $15,000 per month, and net income is $16,000 per month. There are 1 full-time and 7 part-time employees and 1 owner.
Asking Price
$200,000
Cash flow
$72,000
Revenue
$180,000
Down
Call/Email
Posting: 284109 | Available | 1/29/24
This sushi bar in very big market. There is high foot traffic everyday. Franchise headquarters charges a 38% fee of gross sales. 38% includes all utilities fee(rent, elect fee etc). You don't have to pay any utility fee. If the new owner has experience, it is better.
Asking Price
$25,000
Cash flow
Call/Email
Revenue
$1,200,000
Down
Call/Email
Posting: 284896 | Available | 1/29/24
For sale is a high-volume and established franchise chicken fast food restaurant in Fresno County. The location is in a newer developed shopping center with national tenants surrounded by dense residential & commercial areas. There is a lot more potential as it is the owner is absentee.
Asking Price
$325,000
Cash flow
$117,600
Revenue
$468,000
Down
Call/Email
Posting: 284891 | Available | 1/29/24
This employee-operated sandwich restaurant, a hidden gem in Santa Clarita, offers unparalleled and scrumptious sandwiches made from high-quality ingredients. With a focus on sub and giant club sandwiches, it presents a great opportunity for an owner-operator to take this well-established business.
Asking Price
$365,000
Cash flow
$78,000
Revenue
$192,000
Down
Call/Email
Posting: 284886 | Available | 1/27/24
This sushi bar in a very big market with high foot traffic everyday. Franchise headquarters charge a 38% (variable) fee of the gross sales. 38% includes all utility fees (rent, electricity, etc). You don't have to pay any utility fee. It is easy to operate and has stable income. Must see!
Asking Price
$28,000
Cash flow
$180,000
Revenue
$420,000
Down
Call/Email
Posting: 284397 | Available | 1/27/24
For sale is a very well-known fish & chips business located at a busy shopping center in Pittsburg that is close to the freeway. There is high foot traffic as it is near other stores and apartments. There is a full kitchen and they do togo only. The food cost is 30%.
Asking Price
$165,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282256 | Available | 1/26/24
Earn profits in paradise at this turn-key semi-absentee-run boba shop Voted Best in Santa Cruz County in its first year in operation! It is a profitable business model with a low cost of goods under 11% of sales, and an opportunity to expand the brand across Santa Cruz County.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
$600,000
Down
$199,000
Posting: 280008 | Available | 1/25/24
A well-established, fully upgraded in 2023 to a new look, Togo's Sandwiches Franchise is in the most active location in Alameda County, California. The current menu serves sandwiches, salads, chips, and drinks, fully staffed with high-quality employees. The absentee owner is doing exceptionally.
Asking Price
$199,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284850 | Available | 1/24/24
This is a popular boba cafe franchise for sale - serving uniquely flavored boba tea and Japanese-inspired mochi donuts. This location was founded in 2022 and has quickly become a local favorite, known for its fresh, premium ingredients and innovative flavors.
Asking Price
$225,000
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284795 | Available | 1/23/24
An absentee owner is now selling a turn-key Subway Franchise restaurant for sale, boasting impressive rounded sales of $400,000 plus. Strategically located, in a busy retail shopping center with high foot traffic. The 1,200 SQ FT premises offer stability and room for growth.
Asking Price
$75,000
Cash flow
$25,196
Revenue
$321,082
Down
Call/Email
Posting: 284816 | Available | 1/23/24
A well-established and beloved ice cream parlor located in a prime spot in Duarte. This authentic Michoacan-style business boasts a proven track record of success, a loyal customer base, and a welcoming atmosphere.
Asking Price
$99,999
Cash flow
$82,465
Revenue
$336,180
Down
$149,000
Posting: 280467 | Available | 1/22/24
Cherry's Famous Rugelach has been baking for over 30 years and makes fresh homemade Rugelach weekly in a variety of tasty flavors including chocolate, apricot, raspberry, and more. If you can't decide what flavor to get try their variety pack. They are great for gifts, or to serve at a party.
Asking Price
$149,000
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
$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
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
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
$1,168,252
Down
Call/Email
Posting: 284958 | Available | 3/22/24
Founded in 2015, Pokeworks is a healthy Hawaiian-inspired fast-casual brand specializing in poke with the freshest, highest quality ingredients. Franchisor requirements are 250k liquidity and 750k net worth. Prior food and restaurant experience required. This is a 2-unit package.
Asking Price
$95,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 276784 | Available | 7/10/23
For sale is a deli and cafe in San Diego County. It is a small but cozy cafe to come by for a deli and drink. It is easy to operate, and great location for breakfast and lunch for nearby businesses. It is 320 square feet for $1,450/month (including water and CAM).
Asking Price
$165,000
Cash flow
$123,000
Revenue
$495,000
Down
Call/Email
Posting: 283607 | Available | 1/10/24
For sale is a super busy, small, coffee shop/cafe. It is open 8AM-3PM, 4 days only! You can see the potential if you open for 5 or 6 days, watch your sales volume jump. A beer & wine license is included. It has a low rent of only $1,640/month. Where can you find that?
Asking Price
$275,000
Cash flow
Call/Email
Revenue
$600,000
Down
$500,000
Posting: 282882 | Available | 9/15/23
The owner wants to sell this hamburger shop building because the mortgage bill is too much. The down would be $500,000. It is located in Victorville, San Bernardino County, CA. The seller can get the SBA loan. The hamburger shop building owner want to do a long-term lease.
Asking Price
$2,500,000
Cash flow
$84,000
Revenue
$480,000
Down
$358,000
Posting: 284910 | Available | 4/23/24
For sale is a high-volume Juice It Up franchise, established in 2014 and currently operating under an employee-run model with a part-time owner. This presents an excellent opportunity for improvement and growth with a full-time owner-operator. The current owner is selling due to family commitments. ...
Asking Price
$358,000
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
N/A
Revenue
$4,572,187
Down
Call/Email
Posting: 280098 | Available | 3/22/24
This is an opportunity to purchase 5+ Papa Johns franchise units. It has certified managers in place and the locations are in close proximity to each other. It has great opportunity for growth.
Asking Price
$1,900,000
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
$90,171
Revenue
$681,768
Down
Call/Email
Posting: 283949 | Available | 3/22/24
This is a Togo's sandwich shop located in a mix of commercial and residential properties nearby. This is a cash opportunity and perfect for a first time buyer. Togo's is an established, 40-year old regional quality sandwich brand with nearly 275 locations. Credit must exceed 650, and minimum $105K.
Asking Price
$95,000
Cash flow
$60,000
Revenue
$360,000
Down
Call/EMail
Posting: 284390 | Available | 12/21/23
This profitable bakery/cafe, located in the ever-popular North Hollywood, offers a wide selection of fresh food, including delicious breakfast burritos, croissants, French pizza, giant bagels with fresh toppings, French churros, puffs, and much more. The seller's retirement is a great opportunity.
Asking Price
$65,000
Cash flow
$131,973
Revenue
$276,507
Down
$260,000
Posting: 285719 | Available | 4/24/24
This burgeoning Encino eatery is the quintessential 5-day deli opportunity that boasts solid earnings despite its abbreviated operating hours. The venue, which is known for its high foot traffic location and inviting atmosphere, provides a cozy space.
Asking Price
$260,000
Cash flow
$108,000
Revenue
$621,000
Down
Call
Posting: 261456 | Available | 7/27/22
The food is extremely delicious and this is definitely a place to get a quick bite. This place is definitely a hidden gem and a local treasure and a relatively undiscovered gem in Ventura. The food is so flavorful and absolutely amazing and second to none. The food is the top quality.
Asking Price
$169,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 285238 | Available | 4/26/24
Asset sale- neighborhood Korean deli/market with a kitchen in the back. The interior of this place is long and narrow and super casual but also modern and has the perfect vibe for a casual lunch, catch-up with a friend.
Asking Price
$120,000
Cash flow
$60,000
Revenue
$240,000
Down
$60,000
Posting: 284562 | Available | 4/16/24
This Chinese fast-food restaurant is on the market for sale in an "as-is" condition, as an asset sale. The new owner has the flexibility to either retain the existing menu or introduce a completely new concept. The restaurant boasts a prime location.
Asking Price
$60,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282534 | Available | 9/1/23
Nestled in a spacious 1,200 sq ft. unit, this well-established deli has been serving delighted customers and generating impressive monthly profits. With a dedicated team of two employees, this business runs like a well-oiled machine, ensuring a smooth transition for the new owner.
Asking Price
$180,000
Cash flow
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
$720,000
Revenue
$1,000,000
Down
$35
Posting: 286038 | Available | 4/8/24
The asking price for the business is $650,000 plus inventory. The size of the property is 2,500 square feet. The monthly rent is $3,500. There are 15 employees associated with the business. The payroll minimum is $28,000. The monthly sales range around $80,000.
Asking Price
$650,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286191 | Available | 4/19/24
There is a popular local handmade ice cream shop in the Woodland Hills area of the San Fernando Valley. The space was built out with a floor drain and all the equipment needed to run an ice cream shop. It spans approximately 750 square feet and can be converted.
Asking Price
$85,000
Cash flow
$264,000
Revenue
$1,632,000
Down
$1,600,000
Posting: 286237 | Available | 4/23/24
For sale is a distinguished French Pastry Franchise that has quickly established itself as a leader within its market. The franchise's growth is a testament to the franchisor's expertise in creating a varied menu of specialties that reflect the changing seasons and a variety of holidays.
Asking Price
$1,600,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$150,000
Posting: 285878 | Available | 3/28/24
This has been a great iconic hamburger shop for many years but times have changed and it's time for a new owner to shine for many years from here forward. This hamburger stand, strategically situated on Anaheim Blvd in Anaheim, California, boasts a prime location for a new drive thru franchise.
Asking Price
$150,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 283312 | Available | 10/12/23
Turnkey Restaurant for Sale in Chula Vista-Asset Sale. Turnkey 1,200 SF restaurant in Chula Vista. Located in a small neighborhood shopping center in Chula Vista. There could be a variety of food types and type 41 liquor licenses included in the asset sale.
Asking Price
$149,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 283417 | Available | 10/17/23
This business is located in a busy retail center in Pleasanton. The center has a well-known supermarket as its primary tenant. The location is near the junction of Hwy 580 and 680 and in the primary shopping area of the desirable part of Pleasanton.
Asking Price
$105,000
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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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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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.
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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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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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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.
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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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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.
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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.
Most business acquisition financing strategies involve borrowing money to meet the purchase price. But an entirely different approach, equity sharing, is sometimes pursued if borrowed money is not wanted, or is not available to complete the purchase. Peter Siegel, MBA - BizBen.com covers this topic.
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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.
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.
With the multitude of factors that come into play when deciding the appropriate time to inform your employees that your business is for sale, I do not offer a standard or general answer. When sellers consult me as to my opinion on when it is the right time, I like to review the major issues that...
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!
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.
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.
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.
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.
