Status: Off The Market
Posting ID: 272438
Call / Email
Asking Price
NOTE: This BizBen Posting #272438 FedEx Ground Routes Company - Home Based, 5 Routes in Philadelphia 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
$431,306
Revenue
$1,552,782
Down
Call/Email
Posting: 283102 | 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
$1,450,000
Cash flow
$206,763
Revenue
$2,825,380
Down
$1,100,000
Posting: 286661 | Available | 5/21/24
This business is a high-tier independent freight forwarder and NVOCC that has been in business for over 24 years. They offer a range of logistics services, including ocean, air, and ground forwarding, customs clearance, local trucking, and container drayage throughout the USA.
Asking Price
$1,100,000
Cash flow
$642,582
Revenue
$2,673,964
Down
Call/Email
Posting: 283240 | Available | 10/7/23
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. Business has seen double digit organic growth since inception.
Asking Price
$1,350,000
Cash flow
$600,000
Revenue
$2,155,078
Down
Call/Email
Posting: 281813 | Available | 7/27/23
Diesel Service Shop, fully built out with mobile repair and exceptional service.
Asking Price
$3,000,000
Cash flow
$268,750
Revenue
$907,239
Down
Call/Email
Posting: 284482 | Available | 3/1/24
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
$394,386
Revenue
$1,332,518
Down
Call/Email
Posting: 286608 | Available | 5/16/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each business, which is comprised of multiple routes, comes with (1) truck and (1) experienced driver already in place for each route.
Asking Price
$900,000
Cash flow
$1,091,927
Revenue
$293,537
Down
Call/Email
Posting: 284001 | Available | 1/20/24
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. Business has seen double digit organic growth since inception.
Asking Price
$900,000
Cash flow
$357,477
Revenue
$1,717,264
Down
Call/Email
Posting: 283261 | Available | 3/21/24
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
$800,000
Cash flow
$473,344
Revenue
$1,601,784
Down
Call/Email
Posting: 280585 | 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
$1,450,000
Cash flow
$266,700
Revenue
$938,052
Down
Call/Email
Posting: 284038 | 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
$675,000
Cash flow
$267,486
Revenue
$1,051,158
Down
Call/Email
Posting: 285325 | Available | 2/23/24
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
$725,000
Cash flow
$210,821
Revenue
$787,255
Down
Call/Email
Posting: 280587 | Available | 7/20/23
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. Business has seen double digit organic growth since inception.
Asking Price
$600,000
Cash flow
$848,124
Revenue
$3,032,930
Down
Call/Email
Posting: 284000 | Available | 1/20/24
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. Business has seen double digit organic growth since inception.
Asking Price
$3,000,000
Cash flow
$613,222
Revenue
$1,858,947
Down
Call/Email
Posting: 280777 | Available | 3/27/24
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. Business has seen double digit organic growth since inception.
Asking Price
$1,600,000
Cash flow
$631,374
Revenue
$2,206,144
Down
Call/Email
Posting: 283806 | 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. The business has seen double-digit organic growth since its inception.
Asking Price
$1,600,000
Cash flow
$230,883
Revenue
$890,681
Down
Call/Email
Posting: 281496 | Available | 2/7/24
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
$775,000
Cash flow
$393,445
Revenue
$2,177,297
Down
Call/Email
Posting: 280328 | Available | 3/19/24
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
$645,389
Revenue
$2,489,986
Down
Call/Email
Posting: 284528 | Available | 1/6/24
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
$1,850,000
Cash flow
$578,576
Revenue
$2,087,075
Down
Call/Email
Posting: 284214 | Available | 5/10/24
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
$1,350,000
Cash flow
$584,857
Revenue
$2,015,174
Down
Call/Email
Posting: 285478 | Available | 3/3/24
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. Business has seen double digit organic growth since inception.
Asking Price
$1,600,000
Cash flow
$428,943
Revenue
$1,525,928
Down
Call/Email
Posting: 286605 | Available | 5/16/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each business, which is comprised of multiple routes, comes with (1) truck and (1) experienced driver already in place for each route.
Asking Price
$1,300,000
Cash flow
$313,875
Revenue
$1,132,072
Down
Call/Email
Posting: 285322 | Available | 4/30/24
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
$206,814
Revenue
$727,978
Down
Call/Email
Posting: 279511 | Available | 10/20/23
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
$453,688
Revenue
$1,620,548
Down
Call/Email
Posting: 284914 | Available | 1/30/24
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
$1,400,000
Cash flow
$303,663
Revenue
$1,073,919
Down
Call/Email
Posting: 283141 | Available | 2/13/24
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
$1,100,000
Cash flow
$563,983
Revenue
$1,952,239
Down
Call/Email
Posting: 280589 | 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
$1,700,000
Cash flow
$233,504
Revenue
$817,600
Down
Call/Email
Posting: 285621 | Available | 3/12/24
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. Business has seen double digit organic growth since inception.
Asking Price
$700,000
Cash flow
$186,680
Revenue
$719,406
Down
Call/Email
Posting: 283419 | Available | 2/10/24
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
$625,000
Cash flow
$350,574
Revenue
$3,578,262
Down
$200,000
Posting: 285442 | Available | 5/18/24
For sale is California Co with its distribution center located in the Southwest US. It has been established for 24 years. They sell hardware products for consumers and professionals. They are a distributor/manufacturer of premium products that are sold online and through big box retailers.
Asking Price
$1,295,000
Cash flow
$180,000
Revenue
$550
Down
Call/Email
Posting: 274482 | Available | 5/19/24
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
$300,000
Revenue
$1,200,000
Down
$350,000
Posting: 283210 | Available | 12/20/23
Re-seller of used Restaurant Equipment for the last 22 years. All sales are done in the online marketplace. Great Markups running from 300 - 600%. Very profitable business. Open Monday-Friday. Closed Weekends. Price includes $400-$500,000 of merchandise priced at the seller's cost!
Asking Price
$495,000
Cash flow
Call / Email
Revenue
Call / Email
Down
$150,000
Posting: 263729 | Available | 5/24/21
This company manufactured and distributed a proprietary, innovative homeopathic supplement that is designed to support the user's alertness, mental focus and productivity. With over $1.2Ml invested to date, they have created a new and natural way to boost your energy.
Asking Price
$150,000
Cash flow
$1,211,382
Revenue
$8,405,796
Down
Call/Email
Posting: 283282 | Available | 11/15/23
This well-established metal supply company takes pride in offering swift, friendly, & reliable same or next-day delivery services. Operating in an industry known to thrive even during economic downturns, the business has maintained its high-visibility location at the intersection of major freeways.
Asking Price
$6,200,000
Cash flow
Call
Revenue
$980,000
Down
Call
Posting: 261589 | Available | 10/1/21
LOWER PRICE & INCLUDES INVENTORY. Room to grow servicing the Antelope Valley with quality merchandise and 420 supplies for the grower. Offering a long Ten Year History of great relationships, trust, and dozens of five star Google reviews. 245,000 plus inventory, assumable lease through August 2024.
Asking Price
$149,950
Cash flow
$58,469
Revenue
$485,986
Down
Call/Email
Posting: 284521 | Available | 5/2/24
Unlock the opportunity to own a well-established food distribution business. For years, this company has served as a trusted food wholesaler in delivering top-quality products to a diverse clientele, including restaurants, cafes, and retail outlets in Santa Cruz, Santa Clara and Monterey counties.
Asking Price
$169,000
Cash flow
$60,000
Revenue
$221,000
Down
Call/Email
Posting: 283903 | Available | 2/8/24
For sale is a hardware store in a good area near UCLA. Items sold include tools, fasteners, building materials, hand and power tools, lumber, keys, locks, chains, plumbing supplies, and more. Business hours are from 8:30am-6pm during weekdays, 9am-4pm on Saturdays, and closed Sundays.
Asking Price
$75,000
Cash flow
$99,754
Revenue
$373,581
Down
Call/Email
Posting: 284804 | Available | 4/12/24
This business is an artisan line of small-batch specialty skincare & wellness products that include teas, tonics, spice blends and herbal supplements. The business offers a variety of bath, body and skin care product lines. Great growth potential! Company cash flow: $99,754 Gross revenue: $373,581
Asking Price
$575,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 285970 | Available | 4/3/24
For sale is a fragrance wholesaler/distributor of name-brand ladies' perfumes and men's colognes like Armani, Versace, Coach, D&G, Ralph Lauren, Gucci, Carol Herrera, Juicy Couture, etc.
Asking Price
$100,000
Cash flow
$194,844
Revenue
$1,307,054
Down
N/A
Posting: 284278 | Available | 4/12/24
The business has enjoyed nearly 31 years of success, and has built a phenomenal reputation! The business has grown through the thorough knowledge, excellent quality of work, quality products and one-stop-shop mentality. Gross Revenue: $1,307,054. Cash Flow: $194,844.
Asking Price
$600,000
Cash flow
$105,905
Revenue
$1,207,655
Down
$79,600
Posting: 282812 | Available | 3/22/24
An independent mattress retailer and distributor for major mattress brands like Tempur-Pedic, Simmons, Sealy, Stearns and Foster, Aireloom, Diamond, Maxim and memory foam mattresses. Also sells furniture of top quality, adjustable bases and accessories like protectors, sheets, pillows.
Asking Price
$398,000
Cash flow
$51,762
Revenue
$147,418
Down
Call/Email
Posting: 285392 | Available | 2/27/24
Are you looking for a profitable small business with a work/life balance schedule that fits your life-style needs? This established profitable fresh Salsa manufacturer/wholesale distributor business could be the perfect fit for you. It is turnkey and scalable. It is a proven business model.
Asking Price
$98,000
Cash flow
$60,000
Revenue
$150,000
Down
$170,000
Posting: 285358 | Available | 2/26/24
This 30+ years sport eyewear company now ready for a new owner! The business specializes in golf eyewear that many professional and amateur golfers have been using for decades, including PGA and LPGA. The business wholesales to pro shops across the country and sells products online.
Asking Price
$170,000
Cash flow
$35,000
Revenue
$225,000
Down
$65,000
Posting: 285073 | In Escrow | 2/8/24
This is a great opportunity to be your own boss with a low cost of entry and an opportunity to grow the business. The owner works 15 days per month. It has been established for 27 years and this has great potential to get more new accounts and develop website-online sales.
Asking Price
$65,000
Cash flow
$500,000
Revenue
$16,000,000
Down
Call/Email
Posting: 277894 | Available | 2/4/23
For sale is a well-established import & wholesale party favors company. It has been in business since 1992. The owners want to retire after 30+ years of the same business. The business is still growing year after year with a potentially high-profit margin. The seller owns the office and warehouse.
Asking Price
$4,000,000
Cash flow
$636,304
Revenue
$898,964
Down
Call/Email
Posting: 281750 | Available | 7/22/23
100% of the reported gross income for this business is recurring revenue from SAAS products! This very profitable distribution company bills itself as a Technology Strategy & Advisory practice helping its customers to build exceptional business value from technology.
Asking Price
$2,300,000
Cash flow
$560,350
Revenue
$1,921,784
Down
Call/Email
Posting: 284424 | Available | 5/14/24
This is a rare opportunity to acquire a highly profitable, top-tier hardwood flooring distributor in operation for 30 years! This turnkey, wholesale business is a distinguished distributor sourcing premium hardwood floors that are sustainably sourced and engineered through direct factory channels.
Asking Price
$2,600,000
Cash flow
$3,000,000
Revenue
$40,000,000
Down
Call/Email
Posting: 280534 | Available | 5/9/24
Looking for strategic buyer , no investors without experience . Established 30+ years wholesale distributor of frozen Ice cream products. 43,000 sq. ft temperature-controlled facility with blast freezers on a lot size of 76,000 sq. ft. Building/Land 4 sale is optional.Included assets:$6,889,680
Asking Price
$17,000,000
Cash flow
$209,081
Revenue
$680,660
Down
Call/Email
Posting: 285439 | Available | 4/4/24
This award-winning, profitable, and well-established artisanal retail and wholesale bakery comes fully equipped with a state-of-the-art kitchen, built out by a classically trained French pastry chef. It is chock-full of hard-to-find, high-end European-style commercial equipment.
Asking Price
$487,000
Cash flow
$127,190
Revenue
$1,345,673
Down
Call/Email
Posting: 281442 | Available | 5/6/24
Enter the highly profitable outdoor recreational product space for hunters and anglers with an acquisition of this leading product importer/distributor. Included in the sale are strong transferable supply chain relationships with overseas manufacturers; loyal transferable wholesale accounts.
Asking Price
Call/Email
Cash flow
$102,528
Revenue
$1,126,569
Down
$200,000
Posting: 279519 | Available | 1/19/24
This is a snacks and ice cream wholesaler business for sale in Merced County CA. This is a great opportunity for a family to operate the business. The business sells ice cream and snacks to ice cream vendors. The business includes 235 accounts mostly convenience stores.
Asking Price
$299,000
Cash flow
$164,390
Revenue
$358,254
Down
Call/Email
Posting: 283117 | Available | 5/9/24
This profitable wholesale floral arrangement business has exponential year-over-year growth! The business provides beautiful, artisanal, handmade floral arrangements to affluent, gourmet, and natural grocery stores.
Asking Price
$245,000
Cash flow
Call/Email
Revenue
$12,000
Down
$9,850,000
Posting: 283407 | Available | 10/17/23
Our client offers a disruptive line of transparent antiviral masks and respirators that improve protection without compromising comfort, compliance, and human connectivity. These reusable and disposable product lines include detachable protective eye shields, clip-on temple bars, lenses, etc.
Asking Price
Call/Email
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 263831 | Available | 3/26/22
This young turn-key company manufactures hand sanitizers in gel and liquid form. 2020 sales have been 3.5M+/. Major retailers have additional PO's ready to be placed. Profit margin currently in the 40% range. 1 year contracts in place with the well known national retailers. Online sales presence.
Asking Price
$3,500,000
Cash flow
$3,030,000
Revenue
$19,500,000
Down
Call/Email
Posting: 280367 | In Escrow | 7/2/23
This is a stocking distributor of communications products & equipment used in voice, data, and security installations. Caters to commercial, industrial, communication, government, and OEM industries. Headquartered in Southern California. The seller will exit gradually or might stay on indefinitely.
Asking Price
$13,000,000
Cash flow
$165,000
Revenue
$840,000
Down
Call/Email
Posting: 282175 | Available | 8/14/23
This well-established Indian wholesale & retail cafe bakery, operating since 2006, presents a lucrative opportunity for an entrepreneur to step into a thriving business with a strong track record. With a consistent SDE of $165,000 plus, the bakery supplies freshly baked goods to a network of 30+.
Asking Price
$465,000
Cash flow
$506,000
Revenue
$4,030,000
Down
Call/Email
Posting: 285435 | Available | 2/29/24
This is an established e-commerce business with light assembly operations that is profitable and has enormous upside due to the positioning of its products in the growing segment of the beauty industry. The Company sells raw materials for cosmetic products.
Asking Price
$1,600,000
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
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
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
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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.
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.
