Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 275347 | Available | 7/28/22
Hamburger shop for sale in Orange County, CA. Free Standing with Drive-Thru. Ample Parking Space with Patio. Open: 7days 6:30-9:30. Good Financial Record. Eligible for SBA Loan depends on Buyer's credit and experience. 3 full-time cook + 3 full +3 part time helper. Current Seller managed business
Asking Price
$449,000
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
Call / Email
Revenue
Call / Email
Down
$30
Posting: 275286 | Available | 7/21/22
16 years Running Business. Bigger Restaurant looking. Average gross Sale / month $70.000-$81.000 Net $7000-8000. Rent $8700. Asking $455.000. 7 days open Drive Through And Inside. Sq ft 2400.
Asking Price
$455,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 261636 | Available | 7/3/22
Best sub sandwiches franchise. Made from high quality ingredients. This is a great place to come grab a quick healthy food and there are lots of options to choose from. This is a well known and one of the fastest growing franchises.
Asking Price
$169,000
Cash flow
$180,000
Revenue
$720,000
Down
Ask
Posting: 273803 | Available | 5/25/22
This is the world largest hot dog and chili dog chain restaurant with the drive-thru systems and the ambience, atmosphere and environment make customers feel comfortable and relaxed. The food is amazing and scrumptiously delicious and mouth watering and it is always top quality.
Asking Price
$460,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 270781 | Available | 12/3/21
Poke Restaurant with Boba. Started from a new build out 4 years ago. Absentee owner wants to see a new progressive owner take over. Bulk Sale of Assets only. Business was established 3 years ago...Pre Covid. Over $200,000 of equipment and Tenant Improvement.
Asking Price
$79,000
Cash flow
$120,000
Revenue
Call
Down
Call
Posting: 257633 | Available | 10/19/21
Well established Mongolian Grill restaurant. Over 15 years with current owner. Easy to run, No Chef needed. Semi absentee run. Over $10K net per month.
Asking Price
$399,000
Cash flow
$120,000
Revenue
$480,000
Down
Call / Email
Posting: 269639 | Available | 8/31/21
Cash to SBA Loan. Gross income ; $480,000. Net Income ; $120,000. Low rental.
Asking Price
$200,000
Cash flow
$120,000
Revenue
$450,000
Down
Call / Email
Posting: 268565 | Available | 6/28/21
Same owner operating 30 years. Very Busy major Street. Open M to F, 9-5 only. If new owner extend working hours earns more. Monthly gross $35,000-40,000, Owner + 3 employees. Well established business & major street plus office building. Owner Retire.
Asking Price
$200,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 267428 | Available | 4/16/21
Established in 1936. Well known candy/retail shop in Solano County. In community for 80 + years. Offers a variety of sweets, frozen yogurt, specialty food items. Turnkey sale. 1,500 sf. Monthly rent $2,462 (3% annual increase). Lease 2 yrs + 5 yr option. Equipment list available upon request.
Asking Price
$75,000
Cash flow
$108,000
Revenue
$660,000
Down
$210,000
Posting: 255809 | Available | 3/12/21
Chinese Fast Food in Riverside near by UCR. Excellent location. Established Long Years. Steady Income. Close to the 91 and 60 Fwy.
Asking Price
$210,000
Cash flow
$60,000
Revenue
Call
Down
Call
Posting: 257261 | Available | 10/19/20
The location is great in Woodland Hills and Open 6 days only. The premiere sandwich shop in Woodland Hills. You can taste the quality difference in their sandwich versus other places. This is the place where you can trust the quality and freshness of sandwiches. Run by owner for 25 year.
Asking Price
$175,000
Cash flow
$120,000
Revenue
$504,000
Down
$205,000
Posting: 226128 | Available | 10/12/20
Pizza restaurant for sale with a good reputation. Loyal customers and ample parking. A new operator with good business sense would do much better than the current owner. Seller encourages any serious buyer to do an in-store observation to understand the value of outstanding and profitable business.
Asking Price
$205,000
Cash flow
$80,000
Revenue
$500,000
Down
50% Max
Posting: 254550 | Available | 10/5/20
Annual Sales: approximately $500,000. Net: approximately $80,000+. Size: approx. 2,000 sq. ft. Rent: $7,200 including NNN. Lease: 5 years plus option.
Asking Price
$270,000
Cash flow
$78,000
Revenue
$840,000
Down
Ask
Posting: 256860 | Available | 10/5/20
If you want the best & authentic Indian food, this is the place. The food is to die for and out of this world. The food is so flavorful, absolutely amazing and second to none. The food is extremely delicious and hands down the best Indian cuisine.
Asking Price
$239,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284105 | Available | 6/12/24
This is an absentee-run Subway franchise for sale in a busy shopping centre near Safeway. There is a lot more potential for more profits/sales with an owner-operator. This store was recently remodeled. Subway is the world's largest sub sandwich chain with more than 40,000 locations.
Asking Price
$120,000
Cash flow
$55,000
Revenue
$155,000
Down
$50,000
Posting: 285791 | Available | 6/12/24
For sale is a great money-making yogurt shop in busy Upper Lake Shore Avenue, located near a Trade Joe's and shopping area. This profitable business is easy to run - one person can operate this shop. Business hours are 12:00 pm - 7:00 pm. Equipment includes 6 machines with a variety of toppings!
Asking Price
$50,000
Cash flow
Call/Email
Revenue
$425,842
Down
Call/Email
Posting: 286752 | Available | 6/14/24
This established and profitable deli has been in operation for over 19 years with an excellent reputation and a loyal customer base. Currently only open Monday- Friday 8am to 3 pm only. New owners can expand hours to increase sales and profit. Ideal for owner-operators.
Asking Price
$179,000
Cash flow
$131,973
Revenue
$276,507
Down
$260,000
Posting: 285719 | Available | 6/15/24
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
$225,000
Cash flow
Cal//Email
Revenue
$1,400,000
Down
$112,500
Posting: 286469 | Available | 6/12/24
An established boba business is selling a high-performing store, along with exclusive territory rights for the Bay Area. The business offers several streams of residual income and operates as a turnkey operation, making it easy to manage. However, potential buyers must possess restaurant experience.
Asking Price
$750,000
Cash flow
$50,000
Revenue
$380,000
Down
$154,900
Posting: 284866 | Available | 6/11/24
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 | 6/11/24
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
$102,804
Revenue
$369,775
Down
$1,098,000
Posting: 284287 | Available | 6/14/24
This boutique bakery, set on 2 acres with water rights at the front, offers a unique chance to live and thrive on-site as both the property valued at $749,000 and the business valued at $280,000 are included in this price. Boasting established sales and partnerships with local retail stores.
Asking Price
$1,098,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286351 | Available | 6/3/24
A small take-out style Indian restaurant is for sale. The restaurant is located in the bustling center near HARTZ way. It spans 900 square feet (with a kitchen area of 600 square feet, ideal for catering), and the rent is $3700, inclusive of CAM and water. The kitchen features a 10-feet hood.
Asking Price
$99,999
Cash flow
Call/Email
Revenue
Call/Email
Down
$90,000
Posting: 286653 | Available | 5/20/24
This busy chicken wing restaurant, built in 2022, is situated on one of the busiest streets in North Orange County. The name and menu are not included in the sale, but you can maintain the successful chicken wing concept or introduce your own menu with landlord approval.
Asking Price
$90,000
Cash flow
$103,363
Revenue
$411,355
Down
Call / Email
Posting: 273673 | Available | 12/2/22
This is Subway sandwich fast food franchise for sale in Antioch, CA. Subway is the leading choice for people seeking quick, nutritious meal options that the whole family can enjoy. Franchisor requires sufficient net worth and liquidity, and the buyer must live in the area. Total inventory is $3,000.
Asking Price
$299,000
Cash flow
Call/Email
Revenue
$360,000
Down
Call/Email
Posting: 285291 | Available | 5/16/24
The restaurant is serving Asian fried chicken, but the new owner may change the menu upon the landlord's approval. The kitchen is very small approximately 12x12 with a 4' hood. It is 600 sq ft. with front and side patios. The monthly rent is approximately $3,042.00.
Asking Price
$100,000
Cash flow
$90,000
Revenue
$600,000
Down
$100,000
Posting: 284186 | Available | 5/23/24
Price reduced! $100,000 Down payment & the seller will carry the balance. For sale is a burger shop located in the corner of a supermarket shopping center. It has amazing exposure to the street traffic. There's a great full kitchen and lots of parking. It is near a large high school.
Asking Price
$175,000
Cash flow
$220,000
Revenue
$1,003,943
Down
$200,000
Posting: 278459 | Available | 1/20/23
Very Popular Flourishing Fast Food Franchise Restaurant. The sales in 2022 were $1,003,943 with a high profit margin.
Asking Price
$650,000
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
$1,870,288
Revenue
$9,993,448
Down
Call/Email
Posting: 276473 | Available | 5/17/24
This is a 6-store package with 2 fee properties available (not included in purchase price). Burger King is the 2nd largest hamburger chain in the world and has built its brand identity on its flagship Whopper Sandwich and flame-grilled cooking. Most all BK restaurants are open seven days a week.
Asking Price
$7,500,000
Cash flow
$90,000
Revenue
$550,000
Down
$250,000
Posting: 285938 | Available | 4/2/24
With a total of 86 locations in California and hundreds across the United States, this Franchise is extremely popular for snack foods, catering trays and party platters. Serving snacks by the bucket, they have been serving and delivering snacks since 1988.
Asking Price
$250,000
Cash flow
Call / Email
Revenue
$270,000
Down
Call/Email
Posting: 277615 | Available | 5/29/24
For sale is an established juice bar. It is clean and colorful with and very inviting appearance. Inside is very vibrant with a great display of different fruits and smoothies being offered. It is displaying popular, tropical, and healthy options such as acai.
Asking Price
$65,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 283695 | Available | 12/27/23
This restaurant is located in a commercial shopping center in Fremont. This i ideal for a sandwich shop, ice cream shop or flower shop etc. This shopping center is located among many expensive homes in a high-end neighborhood. There is no business transfer fee.
Asking Price
Call/Email
Cash flow
Call/Email
Revenue
Call/Email
Down
$49,000
Posting: 287040 | Available | 6/11/24
For sale is a fully equipped teriyaki and sushi roll restaurant. It is a ghost kitchen for an asset sale that is priced to sell. The size is 203 sq ft. located in a food hub in North San Diego County with several partner restaurants.
Asking Price
$49,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 283303 | Available | 10/11/23
Fully Equipped Restaurant in San Francisco's Fillmore District - Ready for Your Concept. This space is located in an area of town that has become a destination zone for successful, highly regarded restaurants such as State Bird Provisions, The Progress, and Anchovy Bar.
Asking Price
$99,000
Cash flow
Call/Email
Revenue
$1,168,252
Down
Call/Email
Posting: 284958 | Available | 5/17/24
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
$90,000
Revenue
$240,000
Down
$150,000
Posting: 286367 | Available | 5/2/24
A well-established sandwich shop is located in a busy center, surrounded by offices and retail stores. It has been under the same ownership for 20 years and operates for five days a week with short business hours from 8:00 a.m. to 5:00 p.m.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
$2,400,000
Down
Call/Email
Posting: 286771 | Available | 5/24/24
This busy grocery store has a restaurant and bakery. Also includes a Halal meat market and specializes in Middle Eastern, North African, Afghan, and Iranian cuisine. Gross sales are $200,000 per month, margin of est. 37%. The building is 4,700 sq ft. Rent is $6,703/month.
Asking Price
$1,675,000
Cash flow
N/A
Revenue
N/A
Down
$59,000
Posting: 285658 | Available | 4/19/24
Tangible Asset Sale! This space is ideally designed for a quick-service restaurant! The kitchen area features a 9-foot hood, a grease trap, and other excellent conditions for kitchen equipment. The base rent is very affordable, making this opportunity perfect for first-time buyers seeking lower risk
Asking Price
$59,000
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: 285762 | Available | 6/4/24
For sale is a fast-food hamburger restaurant in the best location on one of the major streets in OC. This restaurant is surrounded by middle-class residential properties with so many well-known companies. This is a single independent burger restaurant with no delivery sales.
Asking Price
$270,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285694 | Available | 3/18/24
For sale is a recently updated, modern coffee shop strategically located in a bustling business complex with tenants including a collection of diverse tenants. Positioned on a prominent main road, this location offers unparalleled visibility and foot traffic.
Asking Price
$65,000
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
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
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
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.
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.
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.
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.
Often business buyers actions cause a deal to tank but they never know why. Peter Siegel with the BizBen ProBuy Program discusses what mistakes business buyers make in the search process to buy a business with some of the best business brokers and recent sellers on BizBen about this topic.
In my opinion and experience, an LOI may very well be appropriate for lower middle market transactions of $5,000,000 or more; but, for deals less than that an Asset Purchase Agreement ("APA") with contingencies on the actions of the buyer (and seller) is much more efficient and effective.
Some entrepreneurs believe it's better to start a business from scratch rather than buy an existing enterprise. While this may be good advice in some cases, usually it's not the best strategy. Here are five tips to help a buyer make the right decision from Peter Siegel, MBA On BizBen.
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.
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.
Should owners who offer a business for sale reveal to prospective buyers any income that is not recorded in the books? This is a controversial topic with arguments both for and against. Most business sales intermediaries believe if you don't pay tax on it, you can't claim it. Some sellers disagree.
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.
Buying a small to mid-sized business can be a confusing and/or frustrating process for many buyers. Statistics show that over 80% of all buyers never end up buying a business. The ProBuy Program assists potential buyers with the process of finding, evaluating & buying a small to mid-sized business.
Peter Siegel, MBA discusses buyers who want to buy a business or franchise know about asking the seller to provide part of the financing with a carry-back note. Many business buyers need some cash to help fund the down payment and for working capital. Here are four ideas about how to get that money.
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...
What are actual adjusted net earnings (cash flow) of a small business being purchased with business acquisition SBA Loan financing? That's an important amount that lenders need to know. Peter Siegel, MBA (BizBen.com, SBALoanAdvisors.com Founder) reviews this important concept with BizBen Blog users.
Selling a business is hard enough but using the wrong word, text, and strategy can really delay or outright kill a campaign to sell a small business successfully. Peter Siegel, MBA Founder of BizBen.com shares what words, phrases, and strategies work (and not) when selling a small business online.
The unfortunate truth is that approximately 50% of all small business sales transactions fall through. While failed transactions can happen for a variety of reasons, Peter Siegel, MBA (BizBen Founder & Lead Advisor) discusses the most common reason deals fall through; unrealistic asking prices.
The 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.
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!
Many times when buying a business there are reasons why buying stock or buying assets is the better business decision. We explore these options on the BizBen Blog Post of which option may be better depending on the circumstances of the buyer (and seller) involved in the transaction taking place.
Many business owners fail to maximize their business' value because they don't have a proper strategy in place to do so. Failure to maximize your businesses value will make it harder to attract the most qualified buyers. Have a plan that ensures your business is as attractive & valuable as possible.
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.
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.
