Status: Off The Market
Posting ID: 275703
Call / Email
Asking Price
NOTE: This BizBen Posting #275703 FedEx Ground Rates - 15 Routes in Quincy, Norfolk County is currently INACTIVE Today (Either: It's In Escrow, It's Sold, or Is Off The Market Temporarily) - Please See Today's ACTIVE Postings below that match this posting's attributes. For your convenience there are also helpful links below to assist you in your search to buy or sell a small to mid-sized business that matches your criteria. Thank you for using BizBen.com.
Attributes:
Cash flow
$684,968
Revenue
$2,404,477
Down
Call/Email
Posting: 283556 | Available | 3/20/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$1,875,000
Cash flow
$382,462
Revenue
$1,297,272
Down
Call/Email
Posting: 284798 | Available | 3/14/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,075,000
Cash flow
$311,090
Revenue
$1,206,855
Down
Call/Email
Posting: 285393 | Available | 4/11/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$925,000
Cash flow
$232,678
Revenue
$895,956
Down
Call/Email
Posting: 283100 | Available | 2/9/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$825,000
Cash flow
$395,783
Revenue
$1,498,836
Down
Call/Email
Posting: 282295 | Available | 2/9/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,225,000
Cash flow
$201,453
Revenue
$598,883
Down
Call/Email
Posting: 281535 | Available | 2/23/24
Well-established and highly profitable FedEx Linehaul routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$575,000
Cash flow
$311,823
Revenue
$1,349,603
Down
Call/Email
Posting: 283099 | Available | 2/8/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$900,000
Cash flow
$202,549
Revenue
$746,432
Down
Call/Email
Posting: 285474 | Available | 3/3/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$600,000
Cash flow
$261,836
Revenue
$931,906
Down
Call/Email
Posting: 284480 | Available | 1/3/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$650,000
Cash flow
$431,994
Revenue
$1,480,061
Down
Call/Email
Posting: 283996 | Available | 2/10/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,250,000
Cash flow
$355,012
Revenue
$1,246,100
Down
Call/Email
Posting: 286473 | Available | 5/8/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,050,000
Cash flow
$260,612
Revenue
$831,552
Down
Call/Email
Posting: 280924 | Available | 2/10/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$900,000
Cash flow
$284,127
Revenue
$1,076,366
Down
Call/Email
Posting: 284479 | Available | 3/14/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$750,000
Cash flow
$687,632
Revenue
$2,802,106
Down
Call/Email
Posting: 280070 | Available | 2/29/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$2,600,000
Cash flow
$390,583
Revenue
$1,343,681
Down
Call/Email
Posting: 280987 | Available | 2/9/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,300,000
Cash flow
$620,000
Revenue
$3,060,000
Down
$587,500
Posting: 285072 | Available | 2/9/24
For sale are 19 FedEx P&D Routes, with 28 Delivery Vehicles. Hit the ground running with nearly 11,000 stops per week! Newer fleet - average age of 2019. Plenty of spare trucks; more are available for purchase.
Asking Price
$2,350,000
Cash flow
$283,632
Revenue
$1,224,513
Down
Call/Email
Posting: 285473 | Available | 4/26/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$550,000
Cash flow
$206,728
Revenue
$728,872
Down
Call/Email
Posting: 281459 | Available | 6/30/23
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$650,000
Cash flow
$223,538
Revenue
$887,485
Down
Call/Email
Posting: 279902 | Available | 10/14/23
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$825,000
Cash flow
$711,363
Revenue
$2,552,002
Down
Call/Email
Posting: 285622 | Available | 3/12/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$2,450,000
Cash flow
$266,399
Revenue
$931,450
Down
Call/Email
Posting: 281666 | Available | 2/9/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$825,000
Cash flow
$920,142
Revenue
$3,233,950
Down
Call/Email
Posting: 284178 | Available | 4/25/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$2,750,000
Cash flow
$396,949
Revenue
$1,600,549
Down
Call/Email
Posting: 285323 | Available | 3/28/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$750,000
Cash flow
Call/Email
Revenue
$99,000
Down
Call/Email
Posting: 269110 | Available | 1/10/24
This is a top location with very seasoned accounts for pool service routes. Top great paying accounts are all guaranteed 90 days through escrow. 50 accounts are $7,000 recurring plus extra income from filter cleans and other maintenance items. This is a home-based business that has a lot to offer.
Asking Price
$70,000
Cash flow
$215,498
Revenue
$777,123
Down
Call/Email
Posting: 281458 | Available | 2/9/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$550,000
Cash flow
$170,000
Revenue
$875,000
Down
$163,000
Posting: 286407 | Available | 5/6/24
Secure a foothold in the FedEx network with a compact operation, boasting a 2021 and 2022 fleet. It is eligible for SBA financing. Work in a recession-resistant industry where weekly pay is guaranteed. Straightforward business model - simply manage your fleet and team of drivers.
Asking Price
$650,000
Cash flow
$582,248
Revenue
$1,934,083
Down
Call/Email
Posting: 286478 | Available | 5/8/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,575,000
Cash flow
$116,254
Revenue
$558,618
Down
Call/Email
Posting: 284161 | Available | 4/25/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$350,000
Cash flow
$180,000
Revenue
$550
Down
Call/Email
Posting: 274482 | Available | 5/12/24
Top brand blinds, shades, shutters, etc retail. Easy to operate profitable and potential business even without advertisements or marketing. Ideal location on a high-traffic major street and the hub of Silicon Valley. Increasing sales yearly with many repeat & new customers. Price was lowered.
Asking Price
$200,000
Cash flow
$91,624
Revenue
$161,933
Down
Call/Email
Posting: 283581 | Available | 5/15/24
For sale is this home-based cleaning business that's ready for its next owner. With an impressive 14-year track record, this cleaning business has built a stellar reputation in San Diego. Trust and credibility are already established, setting you up for success from day one.
Asking Price
$170,000
Cash flow
Call/Email
Revenue
$907,962
Down
$125,000
Posting: 283950 | Available | 5/11/24
This is a fully equipped retail tire sales and service center for sale. The sale includes $50,000 of inventory. Price can be reduced by the inventory amount if Buyer does not wish to take over the inventory. Property is available for sale at $2,490,000 or can be leased.
Asking Price
$125,000
Cash flow
$251,467
Revenue
$407,981
Down
Call/Email
Posting: 247361 | Available | 4/12/24
This company primarily provides HVAC service and change-outs throughout the greater Sacramento and Placer counties. They perform commercial HVAC services including apartments and rental properties but do some residential work. Gross Rev 408K, Cash Flow 251K.
Asking Price
$399,000
Cash flow
$505,087
Revenue
$2,889,392
Down
Call/Email
Posting: 281859 | Available | 7/31/23
This listing is for a commercial maintenance coating company that has served Central and North Alabama for 70 years. As the third-generation approaches retirement it is time for the business to be handed off.
Asking Price
$1,806,000
Cash flow
$250,000
Revenue
$960,000
Down
$115,000
Posting: 285401 | Available | 5/8/24
PRICE REDUCED - Swimming pool maintenance and repair business, specializing in servicing residential and commercial swimming pools, spas and water features. It is cost effective and customized for all types of swimming pools. It is licensed, bonded; the business adheres to State Health codes.
Asking Price
$575,000
Cash flow
Call/Email
Revenue
$580,765
Down
$375,000
Posting: 285964 | Available | 4/3/24
For sale is a one-stop shop for all vehicle repair needs. It is well-established and 40 years old. This auto mechanic shop is repair pal certified with napa auto care and accepts Carmax extended insurance. They have a repeat customer base with a great reputation.
Asking Price
$375,000
Cash flow
$3,594
Revenue
$12,949
Down
CALL
Posting: 283446 | Available | 10/18/23
Our client has an AI-driven web-based software that turbocharges the hiring processes. It also keeps hiring locally with job posters or ads attracting nearby talent to area employers posting job openings. Our client's app is user-friendly, fast, and easy for employers and potential employees.
Asking Price
$150,000
Cash flow
$2,750,000
Revenue
$19,363,000
Down
Call/Email
Posting: 283551 | Available | 10/26/23
This commercial and industrial construction general contractor was founded in 2006 after the founder determined that the construction general contractor that he was working for was on a path to being sold. The Company was extremely successful and grew substantially under his leadership.
Asking Price
$11,000,000
Cash flow
$84,600
Revenue
$530,000
Down
$88,841
Posting: 264820 | Available | 3/3/23
This 44-year-old custom upholstery and furniture repair complete all work in-house. All furniture and fabric remain in a secure, smoke-free environment. The customer can design his/her own piece or get a custom piece created from a picture found in a magazine. The seller will carry $51,058 & train.
Asking Price
$139,899
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 279458 | Available | 10/19/23
This is a highly profitable, over 37-year-old, well-established plumbing company. The owner claims annual gross is close to $ 1,000,000. Net Income $285,000 in 2021. The inventory and equipment, including 1 service van, is worth about $75,000.
Asking Price
$300,000
Cash flow
N/A
Revenue
$55,000
Down
Call/Email
Posting: 286386 | Available | 5/2/24
An established shoe repair business is up for sale in Monrovia, San Gabriel Valley, LA County, operating at the same location for over 30 years. It earns 60k+ annually from repeat customers alone, without any ads. With fantastic Yelp and Google reviews and low rent at $1,200/month.
Asking Price
$49,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285218 | Available | 5/8/24
With over forty (40) years of commercial & residential experience, this well-established company has been serving No. Bay area Counties since 2001. The family owned & operated business offers a variety of services, such as; plumbing & plumbing repair, drain cleaning, sewer locating & video services.
Asking Price
$249,000
Cash flow
$120,000
Revenue
$360,000
Down
Call/Email
Posting: 286599 | Available | 5/16/24
This auto repair business has been in operation for over 20 years with repeat clients. They handle all types of repairs for both domestic and foreign automobiles as well as Smog testing. They have lifts and most of the tools necessary for all types of repairs.
Asking Price
$149,000
Cash flow
$115,000
Revenue
$350,000
Down
Call/Email
Posting: 281659 | Available | 10/5/23
Embark on an extraordinary opportunity to own a thriving, recession-proof pest control business in the highly pest-dense Southern California region.
Asking Price
$200,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286188 | Available | 4/18/24
In the HVAC industry, we're the epitome of innovation and reliability. Blending craftsmanship with cutting-edge tech, we ensure comfort and efficiency. Our mission? Beyond temperature control. We offer adaptable, sustainable solutions, leading the way in energy-efficient HVAC systems.
Asking Price
$499,000
Cash flow
$500,000
Revenue
$3,100,000
Down
$2,000,000
Posting: 284182 | Available | 1/26/24
This auto collision repair body shop (including real property/estate) has been established for 40 years and the current owner has been there for 7 years at the location. It is a free-standing building. The lot size is 49,764 sq ft, and the building size is 7,320 sq ft. Pro-auto body shop-approved.
Asking Price
$5,500,000
Cash flow
$324,311
Revenue
$1,295,917
Down
$1,400,000
Posting: 284733 | Available | 1/18/24
This establishment is a comprehensive auto repair shop catering to foreign and domestic cars. The owner serves as both the service writer and general manager. The lease includes a spacious fenced outdoor area. This business is located in a high-income area and caters to a discerning clientele.
Asking Price
$1,400,000
Cash flow
$251,360
Revenue
$778,000
Down
Call / Email
Posting: 286018 | Available | 4/6/24
This lucrative business offers a prime chance within the thriving Septic Industry by providing a wide array of services, from installation to repairs, system upgrades, and demolition work. Catering to diverse client needs, it ensures comprehensive solutions from start to finish.
Asking Price
$549,000
Cash flow
$163,365
Revenue
$280,626
Down
Call/Email
Posting: 285951 | Available | 4/2/24
SBA pre-approved for this profitable, owner-operated carpet cleaning franchise. A perfect opportunity for someone looking to go into business for themself. With targeted SEO, this business constantly has a full schedule. Three different territories are owned by this seller.
Asking Price
$250,000
Cash flow
$230,000
Revenue
$1,700,000
Down
$1,100,000
Posting: 285227 | Available | 4/11/24
This business offers a full and wide range of services for vehicles, including repair, overhaul or replacement of numerous items including brakes, fuel injectors, engines, transmissions, water pumps, air conditioning, drivelines, axles, timing belts, and the list goes on.
Asking Price
$1,100,000
Cash flow
$605,000
Revenue
$3,066,000
Down
$250,000
Posting: 284832 | Available | 1/24/24
Founded over 37 years ago, this widely recognized commercial plumbing business has developed a reputation throughout the industry for consistency, reliability, and quality. The business has had a solid record of growth over the last 37 years.
Asking Price
$2,039,988
Cash flow
Call/Email
Revenue
Call/Email
Down
$325,000
Posting: 286432 | Available | 5/6/24
A very successful specialty auto repair franchise is located in South Santa Clara County. The seller has been in business for more than 12 years, and the building occupies approximately 8,000 square feet. The seller, who is retiring, is willing to train the buyer for one month.
Asking Price
$325,000
Cash flow
$200,000
Revenue
$411,000
Down
Call/Email
Posting: 285551 | Available | 3/6/24
This window repair service business is a reputable and reliable service provider specializing in the repair and restoration of windows for residential and commercial properties. With a commitment to excellence and customer satisfaction, the company has built a strong reputation in the industry.
Asking Price
$500,000
Cash flow
$180,000
Revenue
$540,000
Down
Call/Email
Posting: 280169 | Available | 6/27/23
For sale is an auto repair and maintenance with free drop-off/pick-up services. Why pay more? We beat any written estimates by 10% or more. They do tune-up specials, brakes, transmission services, oil changes, and filters. They do fully synthetic oil change specials.
Asking Price
$160,000
Cash flow
$234,448
Revenue
$819,818
Down
Call / Email
Posting: 279915 | Available | 3/29/23
This is a construction firm that has provided remodeling, carpentry structural repairs, roofing, mold remediation, and maintenance services to its loyal clients since 1991. The selling price has been drastically reduced to $165,000 for a quick sale.
Asking Price
$165,000
Cash flow
$127,662
Revenue
$803,459
Down
$200,000
Posting: 279110 | Available | 3/19/24
We are seeking a local Temecula Valley owner-operator to take the reins of this well-established and respected jewelry business. The business buys, sells, designs, and repairs gold, jewelry, and watches. The business enjoys an enviable following of repeat customers and can boast many 5-star reviews.
Asking Price
$390,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 285421 | Available | 5/9/24
For sale 8 bays mechanic shop with smog check and repairs. (Assets Sale) It is located in Escondido, CA. Rent is only $3,600 per month. The building size is about 4,700 SQ/FT. The lease is 11 years (asset sale). It has 8 bays and the asking price is $75,000.
Asking Price
$75,000
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
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
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
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
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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.
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.
Depending on the type of business being sold, a month-to-month situation can be severely detrimental to the value of the business. Peter Siegel, MBA Founder of BizBen (and Lead Facilitator at BizBen) explores the issue of month to month leases in this blog/article.
Throughout the recession, it was very difficult to get approved for business purchase financing. If you are considering incorporating some alternative funding sources in your next small business acquisition, here is what you need to know to protect yourself and your investment.
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.
Using an earn out can benefit both buyer & seller of a business purchase. A recent question by a buyer in the BizBen ProBuy Program about the best way to structure a business earn out prompted me to ask a panel of BizBen Resources how they would deal with the buyers question on earn out structures.
In this month's Business Buyer survey for BizBen.com, we asked participants in our ProBuy Program and 250 other random business buyers what they look for and avoid when looking at a business for sale postings online. Of the 20 potential posting characteristics we asked about, 8 stood out.
80% of all California business buyers never end up buying a business! Many factors contribute to this statistic, but by following the points below and utilizing the ProBuy Method of buying a business you should be successful in locating a business that interests you and completing the transaction!
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.
Asking the seller straightforward questions and getting straightforward answers in return is an important part of the buying and due diligence process. In this Discussion, both ProIntermediaries and Advisors offer thorough questions you should be asking during your meeting with a business seller.
Valuing a small business is not guess work. It's not what some other businesses of the same type may have or may not have been sold for, it's not even what a business owner "feels" they want or deserve. It is a formula based on many factors. Peter Siegel, MBA from BizBen & others discuss this topic.
