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
$159,471
Revenue
$783,922
Down
Call/Email
Posting: 282742 | Available | 1/22/24
For sale is a profitable Nekter juice bar franchise with training and support! Offering unique juices, handmade smoothies, and fresh fruit acai bowls. Situated in a high-traffic area near parks, schools, and various businesses. An excellent opportunity for entrepreneurs, featuring low rent.
Asking Price
$549,000
Cash flow
$72,000
Revenue
$420,000
Down
Call/Email
Posting: 284780 | Available | 1/22/24
This is a relatively undiscovered gem of Little Tokyo and there is indoor and outdoor seating so it's cool to sit and watch the Little Tokyo business. The quality and taste of this boba and tea are always consistently fresh, authentic, and delicious.
Asking Price
$120,000
Cash flow
$57,886
Revenue
$754,000
Down
Call/Email
Posting: 280174 | Available | 1/20/24
Price reduced to $198,000 and the SBA may finance this successful Franchise to well-qualified buyers with 15% down ($30,000 only) for this established, highly successful deli franchise located in an extremely enviable Plaza in Sacramento. This is an upscale franchise deli with 40+ locations.
Asking Price
$198,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284756 | Available | 1/19/24
This profitable Mexican street food haven is located in the heart of the downtown heritage district, surrounded by retail shops and enjoying high visibility. The fully equipped space, currently operating for takeout and delivery with the kitchen, office, or catering staging area, is 1,000 square ft.
Asking Price
$69,000
Cash flow
$38,650
Revenue
$413,000
Down
Call/Email
Posting: 284108 | Available | 1/19/24
A well-established and beloved ice cream parlor in a prime location in La Puente. This authentic Mexican-style Ice Cream Business is perfect for an investor, or a family-run operation.
Asking Price
$135,000
Cash flow
$300,000
Revenue
$1,775,000
Down
All Cash
Posting: 284743 | Available | 1/19/24
This is a freestanding drive-thru restaurant that was completely remodeled inside over the last 2 years. It is good looking inside and outside. All building components are newer and have been recently replaced. No deferred maintenance.
Asking Price
$900,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$44,000
Posting: 284736 | Available | 1/18/24
Fast food restaurant in an excellent location in the Downtown area of a popular city in Orange County. The daily traffic count passing by the restaurant is 45,700 cars per day. Established in January 2021, it is open and operating. The food use can be expanded or changed to another food use.
Asking Price
$44,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282542 | Available | 1/17/24
For sale is a Round Table pizza franchise restaurant with beer & wine license in San Bernardino County. The location has a lot of potential as it's fully absentee-run & surrounded by commercial and residential areas. It is remodeled and well-established. Gross sales are 70,000 a month.
Asking Price
$250,000
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
Call/Email
Down
Call/Email
Posting: 284654 | Available | 1/12/24
This is a fantastic opportunity to take over this prime location with great potential in the Davis Commons Shopping Center. This fully built-out kitchen is immediately ready for any fast-casual restaurant concept!
Asking Price
$250,000
Cash flow
$136,000
Revenue
$315,000
Down
Call/Email
Posting: 284644 | Available | 1/11/24
For sale is a nice cafe and bakery shop at a good location that could do better with a family operation to save extra labor paid to employees. It is next to Walmart with heavy foot traffic. The business has extra potential with fresh blood and people who are motivated to promote the business.
Asking Price
$97,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 283316 | Available | 1/11/24
Discover an exceptional opportunity to own a well-equipped cafe space strategically located in one of San Francisco's most vibrant and active neighborhoods. Situated in a high-traffic area with a constant flow of pedestrians and vehicles, this prime location is bustling seven days a week.
Asking Price
$49,000
Cash flow
Call/Email
Revenue
$605,000
Down
Call/Email
Posting: 284630 | Available | 1/11/24
For sale is a charming main street coffee house in Old Town La Quinta. Main Street Coffee, a locally owned and operated coffee house offering an exceptional experience. Renowned for its great coffee, chai teas, and diverse beverage selection, it also serves breakfast sandwiches and baked goods.
Asking Price
$325,000
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
$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
$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
$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
Call/Email
Revenue
$8,515,215
Down
Call/Email
Posting: 284263 | Available | 3/22/24
For sale is a 4-unit Popeyes package. The sales are solid and above brand AUV. The units must be sold as a package. Popeyes requires franchisees to have a net worth of $1M, $500K of which has to be in liquid assets. Must need recent drive-through QSR experience and passion.
Asking Price
$10,500,000
Cash flow
$204,000
Revenue
$840,000
Down
Call / Email
Posting: 269812 | Available | 12/27/22
This is a great opportunity for an aggressive owner-operator to take over this well-established and outstanding burger business and take it to the next level. The burgers here are exceptional and amazingly delicious and they are always consistently fresh and out of this world and second to none.
Asking Price
$450,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 279435 | Available | 8/28/23
This is a bakery and cafe shop for sale in Outer Sunset of San Francisco. It is located near restaurants, supermarkets, Chinese bakeries, banks, and other retail shops. It is a cute little bakery with pink decor all around. They offer a selection of delicious cakes, mini cakes, beverages, and more.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
$1,269,000
Down
$279,000
Posting: 286012 | Available | 4/5/24
Well-established concept with brand recognition, name & concept for this location only. It is located in a very high-income affluent area with a large seating capacity & easy freeway. The parcel is just under 1 acre with a play area & 2 patios. 100% employee run. Recipes & training included.
Asking Price
$279,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 275121 | Available | 4/2/24
A grocery store with a restaurant and bakery is for sale. The destination also includes a Halal meat market and specializes in Middle Eastern, North African, Afghan, and Iranian Cuisine. This is a well-established market in a populated area of Sacramento. Gross sales are $175,000 per month.
Asking Price
$1,675,000
Cash flow
$130,000
Revenue
$880,000
Down
$360,000
Posting: 285019 | Available | 4/15/24
A profitable fast-food restaurant is situated in a freestanding, signalized corner location with excellent visibility and easy access. It is fully managed and features a full kitchen with walk-in refrigeration and well-maintained equipment. The kitchen is very easy to operate.
Asking Price
$360,000
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284461 | Available | 4/2/24
For sale is a family-owned frozen yogurt shop located on a busy intersection, in a great neighborhood. It is an exceptionally clean business with a beautiful high-end design and comfortable seating, equipped with multiple frozen yogurt machine stations. It is in a busy shopping center.....
Asking Price
$140,000
Cash flow
$300,000
Revenue
$1,775,000
Down
All Cash
Posting: 284743 | Available | 1/19/24
This is a freestanding drive-thru restaurant that was completely remodeled inside over the last 2 years. It is good looking inside and outside. All building components are newer and have been recently replaced. No deferred maintenance.
Asking Price
$900,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 274138 | Available | 3/17/24
For sale is a pizza restaurant with a catering business. This business is in a great location in SF (SOMA District). Rent is percentage rent (6~8% of gross sale) and that includes water and PG&E. There are two types 1 hood and hoods are 4 feet long. The current monthly sale is about $80,000+.
Asking Price
$249,999
Cash flow
$92,000
Revenue
$205,000
Down
$92,000
Posting: 284468 | Available | 1/3/24
This Pasadena quick service restaurant has a versatile layout in a prime location and provides Mediterranean cuisine to its diverse customer base. The venue boasts a stellar corner location with excellent street visibility, provides great customer service & maintains a pristine level of cleanliness.
Asking Price
$200,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
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
Call/Email
Revenue
$520,000
Down
Call/Email
Posting: 283696 | Available | 11/5/23
For sale is Papa Murphy's Pizza restaurant in Fresno, CA. Gross sales are $44,000 a month on average. The rent is only $2,000 a month plus CAM charges. Hours are from 11am to 9pm. There is potential for more sales as it is absentee-run.
Asking Price
$250,000
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
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
Call/Email
Revenue
$360,000
Down
$99,000
Posting: 276708 | Available | 3/27/24
For sale is a great location in the affluent community of Cypress and a busy office building area. It is good for takeout and has a newly remodeled interior with an open kitchen. The current owner cannot run the store because of a shortage of employees and his health issue.
Asking Price
$95,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286254 | Available | 4/25/24
Burger shop in a popular and large neighborhood shopping center with several national chain anchor tenants, including Safeway, Starbucks, Exchange Bank, Dollar Tree & more. This burger shop occupies a great corner unit with wrap-around windows and is adjacent a bustling outside patio.
Asking Price
$69,000
Cash flow
$77,459
Revenue
$419,845
Down
Call/Email
Posting: 283472 | Available | 4/2/24
This is a cafe for sale on Polk Street in San Francisco's bustling Polk Gulch neighborhood. This stretch of Polk Street is packed with a diverse array of businesses that bring steady foot and vehicle traffic to the area seven days a week.
Asking Price
$99,000
Cash flow
Call/Email
Revenue
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
$169,000
Revenue
$1,118,331
Down
Call/Email
Posting: 284845 | Available | 4/24/24
If you are looking for an easy-to-operate Mexican fast-food restaurant, look no further. The space is 2300 sf and the rent is just under $10k inc. NNN and it is fully absentee-run. This high-volume Mexican restaurant serves mouth-watering tacos, loaded fries, and specialty non-alcoholic beverages.
Asking Price
$349,000
Cash flow
$50,000
Revenue
$250,000
Down
$65,000
Posting: 283940 | Available | 12/27/23
For sale is a poke store that is cute in simple, located in Corona, Riverside County, CA. It is an asset sale, so the store is convertible to a different menu or concept as well. It is 1,350 sq ft. and in a business/residential area.
Asking Price
$65,000
Cash flow
$500,000
Revenue
$4,000,000
Down
$750,000
Posting: 281521 | Available | 10/11/23
This listing is for 2 freestanding drive-thru fast food locations. They have the same name, menu, and ownership and are within a few miles of each other. They are both fully help run with long-time employees running the businesses.
Asking Price
$1,500,000
Cash flow
$60,000
Revenue
$240,000
Down
$80,000
Posting: 285169 | Available | 3/30/24
For sale is a juice/smoothie bar and boba shop near Arcadia for sale. It is next to Starbucks and is located near several private schools, so there are many student customers, bikers, and runners. It is in an excellent, high-foot traffic area near the beautiful city of Sierra Madre downtown.
Asking Price
$168,000
I am the Founder Of BizBen.com. I consult daily with intermediaries, business buyers, owner/sellers & advisors daily about buying and selling California small to mid-sized businesses. Contact me today about joining & utilizing BizBen, consultations, & advisory services.
ServingNationwide - All Areas
For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
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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
ServingCity Of San Francisco
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
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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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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.
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.
This webinar is designed for business buyers, owner/sellers, business brokers, agents, and advisors who can benefit on the latest information and strategies on procuring large SBA loans to buy or sale a "large" small business - typically priced between $500K to $10M. Peter Siegel, MBA is the host.
What is your goal in 5 years? Do you want to become a business owner? Buying a business can be an exciting, safe opportunity to gain financial freedom. But how to buy the right business? This article will walk you through the process of buying a business.
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.
First the dreaded statistic: 80% of all business buyers looking to buy a small business never end up doing so! Peter Siegel, MBA BizBen.com Founder & ProBuy Director) covers successful tactics & strategies all business buyers of small to mid-sized businesses should utilize now to buy a business.
Approaching business owners directly to see if they want to sell can sometimes work well for business buyers searching to buy a small business. Another way is to broadcast your search criteria via the BizBen ProBuy Program to all brokers, agents, and intermediaries who are selling a small business.
SBA large loan expert and advisor Peter Siegel, MBA (BizBen.com & SBALoanAdvisors.com Founder) shares his views and experience for getting the right SBA loan for larger deals, getting deals professionally prequalified & analyzed, and getting that loan through underwriting with fewer complications!
In my experience working with the "right banks and financial institutions" repayment ability sometimes overrules collateral pledged by someone needing financing for a business purchase or a down payment. Peter Siegel, MBA - BizBen's ProBuy, ProSell Lead Facilitator explores this important topic.
Despite challenges in the business for sale marketplace, some of the brokers who make a living by facilitating a deal between buyer and seller are known to stand in the way of a completed transaction because of some outdated ideas. Too bad they put greed ahead of the needs of their clients.
A business buyer in our ProBuy Program searching to buy a business asked me to sum up what I though the biggest mistakes business buyers make when they search for and bought a small business. I asked ProIntermediaries on BizBen their thoughts on the matter and received a diverse response.
The idea to have a buying a business checklist follows the adage that it's always useful to start with a plan when searching to buy a small business for sale. Peter Siegel, MBA Founder of BizBen.com and top advisor of the BizBen ProBuy Program suggests six items for all business buyers to utilize.
The key to finding the ideal business broker or agent and selling a small business is asking the right questions and getting the right answers back! Peter Siegel, MBA with BizBen & several top business brokers and agents in California (ProIntermediaries) contribute to this topic to assist sellers.
Buying a small to mid-sized business can be a confusing and/or frustrating process for many buyers. Statistics show that over 80% of all buyers never end up buying a business. The ProBuy Program assists potential buyers with the process of finding, evaluating & buying a small to mid-sized business.
Peter Siegel, MBA - BizBen.com & SBALoanAdvisors.com Founder discusses the difference between a hands on owner and an absentee owner. It covers why someone would want to be an absentee owner and then goes on to discuss the pros and cons of buying an absentee run small to mid-sized business.
Peter Siegel, MBA - Lead Advisor with the BizBen.com ProSell Program discusses critical steps to prepare a small to mid-sized business including: which documents will be needed, key advisors to have involved, pricing the business, and how to attract the right business buyers to your listing.
Peter Siegel, MBA discusses buyers who want to buy a business or franchise know about asking the seller to provide part of the financing with a carry-back note. Many business buyers need some cash to help fund the down payment and for working capital. Here are four ideas about how to get that money.
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.
