Status: Off The Market
Posting ID: 272457
Call / Email
Asking Price
NOTE: This BizBen Posting #272457 FedEx Ground Routes - Home Based, 11 Routes in Oak Park, Oakland 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
$489,256
Revenue
$1,670,143
Down
Call/Email
Posting: 286512 | 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
$1,000,000
Cash flow
$279,043
Revenue
$1,006,918
Down
Call/Email
Posting: 285624 | 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
$825,000
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
$267,044
Revenue
$946,671
Down
Call/Email
Posting: 281030 | 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
$700,000
Cash flow
$344,726
Revenue
$1,166,933
Down
Call/Email
Posting: 276935 | 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
$1,250,000
Cash flow
$331,256
Revenue
$1,175,466
Down
Call/Email
Posting: 285908 | Available | 3/30/24
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
$1,100,000
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
$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
$560,330
Revenue
$2,032,721
Down
Call/Email
Posting: 284653 | Available | 2/15/24
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
$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
$245,189
Revenue
$908,071
Down
Call/Email
Posting: 280986 | 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. Business has seen double digit organic growth since inception.
Asking Price
$950,000
Cash flow
$377,883
Revenue
$1,377,799
Down
Call/Email
Posting: 284650 | Available | 1/12/24
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
$1,250,000
Cash flow
$329,735
Revenue
$1,124,469
Down
Call/Email
Posting: 280781 | Available | 3/13/24
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
$1,000,000
Cash flow
$400,113
Revenue
$1,456,014
Down
Call/Email
Posting: 278238 | 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
$1,400,000
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
$1,193,316
Revenue
$4,430,064
Down
Call/Email
Posting: 283264 | Available | 5/23/24
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. Business has seen double digit organic growth since inception.
Asking Price
$4,250,000
Cash flow
$633,484
Revenue
$2,262,577
Down
Call/Email
Posting: 283130 | 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
$1,900,000
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
$156,571
Revenue
$576,362
Down
Call/Email
Posting: 279289 | Available | 10/17/23
Well-established and highly profitable FedEx Linehaulroutes. 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
$550,000
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
$944,036
Revenue
$6,040,521
Down
Call/Email
Posting: 286257 | Available | 4/25/24
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
$2,900,000
Cash flow
$368,196
Revenue
$1,296,070
Down
Call/Email
Posting: 283977 | 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
$975,000
Cash flow
$198,906
Revenue
$478,349
Down
$30,000
Posting: 277102 | Available | 10/28/22
New business opportunity. Home-based semi-absentee and profitable food delivery service open 24 hours, 7 days a week. The concept was proven in Las Vegas and was so quick to profit, making over $200,000 in profit within 2 years, the sellers are now offering the same opportunity in other cities.
Asking Price
$30,000
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
$193,395
Revenue
$775,689
Down
Call/Email
Posting: 284037 | 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
$700,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284500 | Available | 5/2/24
This is a delivery company for sale. All you need to do is answering phone and make invoice and contact delivery drivers. The 2022 Net was $340,000 and 2023 net was 220,000. It is easy to work as you can work from home. The seller will train for 2~3 months. Net profit is 25% of total gross.
Asking Price
$650,000
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
$281,050
Revenue
$1,841,367
Down
Call/Email
Posting: 284024 | Available | 4/4/24
Owners retiring after 35 years in the spa/bbq business. Price reduced. Consistently profitable business provides retail sales, delivery, and servicing of spas & bbq's. The well-lit immaculate showroom has excellent eye-catching signage along a busy commercial street. Pre-qualified for SBA loan.
Asking Price
$895,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 275650 | Available | 12/26/23
For sale is an established express wash, very well known to the neighborhood on a 40,000+ sqft lot. It has a long 130 ft. tunnel with 16 extra wide vacuum bays. There are two pay stations. It has very high sales. Owner has another express wash for sale in Riverside that can be purchased together.
Asking Price
$10,995,000
Cash flow
$233,125
Revenue
$1,223,770
Down
Call/Email
Posting: 286611 | 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
$700,000
Cash flow
$168,000
Revenue
$600,000
Down
$175,000
Posting: 285284 | Available | 5/20/24
This well-established auto repair shop, located in the heart of Orange County, offers a remarkable opportunity for prospective buyers. Featuring 3 spacious bays and 2 advanced hoists, this facility is well-equipped to service both domestic and imported vehicles with high efficiency and expertise.
Asking Price
$175,000
Cash flow
$314,909
Revenue
$5,899,522
Down
$450,000
Posting: 286680 | Available | 5/21/24
Are you ready to steer a lucrative venture in the heart of Orange County? This is your golden ticket to enter the elite world of luxury car sales! This well-established, high-end used car dealership in Costa Mesa, CA, is on the market, offering a rare chance to capitalize on a thriving industry.
Asking Price
$899,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$50,000
Posting: 286273 | Available | 4/26/24
Attention all certified smog technicians seeking to venture into entrepreneurship, An exceptional opportunity awaits in Costa Mesa with the sale of a smog shop. With the right blend of certified expertise and strong marketing acumen, this business can be revitalized to its former thriving state.
Asking Price
$50,000
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
$176,729
Revenue
$534,550
Down
$225,000
Posting: 255665 | Available | 11/4/23
For sale is a 15-year-old window tinting company. Their sales are 30% commercial and residential buildings, 60% automobile, and 10% walk-in customers. For over 10 years they've had loyal car dealers' accounts. 7-10 car dealers are from Toyota, Audi, Porsche, Honda, Bentley, Cadillac, and more.
Asking Price
$449,000
Cash flow
$264,000
Revenue
$625,000
Down
Call/Email
Posting: 281288 | Available | 6/20/23
This is a rare opportunity to purchase two well-established and reputable automotive repair businesses, each known for their exceptional workmanship, personalized service, and expertise.
Asking Price
$580,000
Cash flow
$146,420
Revenue
$398,171
Down
Call/Email
Posting: 285626 | Available | 3/12/24
For sale is a seventeen-year-old business with a long consistent history of profitability. It has an excellent reputation in the community with 5-star Yelp and Google ratings. This is a great opportunity for growth if the new owner does more marketing.
Asking Price
$359,000
Cash flow
Call/Email
Revenue
$534,000
Down
Call/Email
Posting: 283489 | Available | 4/3/24
The current owner is operating a full car wash business located by the roadside, making it highly visible and benefiting from affordable rent costs. For someone considering an express car wash, this business could be an ideal choice. You can start a new express car wash.
Asking Price
$550,000
Cash flow
$261,294
Revenue
$960,801
Down
Call/Email
Posting: 278775 | Available | 10/17/23
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
$900,000
Cash flow
Call/Email
Revenue
$1,100,000
Down
$1,050,000
Posting: 282764 | Available | 2/8/24
This is a full-service hand car washing and detailing business at a major street location with big property and a long-term lease. There is lots of potential for an experienced operator. The owners want to retire. The location will not be provided over the phone or email.
Asking Price
$2,100,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 243523 | Available | 12/4/23
For sale is a full-service flex car wash with smog & lube for sale. It's located in an upscale neighborhood on a very busy street very close to the freeway. It is approximately a 1 acre lot with 110 ft tunnel and wash equipment. It includes rental income from auto tint shop.
Asking Price
$2,595,000
Cash flow
$135,000
Revenue
$200,000
Down
Call/Email
Posting: 285880 | Available | 4/27/24
Absentee-run, Nets 8-bay, self-service carwash with land. Nets $135K Seller + GOOD BOOKS. Motivated Seller, just make an offer! All upgraded equipment and building. It is more than half-acre prime property to an adjacent shopping center. Bonus high net income to owner-operator.
Asking Price
$1,999,000
Cash flow
$147,534
Revenue
$737,672
Down
$600,000
Posting: 279603 | Available | 7/6/23
Pacific Chrome Plating Services is located in Santa Ana, CA. We chrome plate and polish for auto and plumbing industries. We also chrome plate, and polish wheels for Harley Davidson motorcycles. We also sell Harley Davidson chrome-plated wheels on eBay.
Asking Price
$1,000,000
Cash flow
N/A
Revenue
$8,500,000
Down
Call/Email
Posting: 285793 | Available | 4/30/24
This is a branded gas station & very busy convenience store in prime coastal Orange County. Located near the world famous Dana Point Harbor and Doheny Beach. 52,000 cars per day on Pacific Coast Highway & 1 million annual visitors to the resort area.
Asking Price
$2,750,000
Cash flow
$374,855
Revenue
$1,330,445
Down
Call/Email
Posting: 284213 | Available | 12/8/23
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
$1,000,000
Cash flow
$270,000
Revenue
$460,000
Down
Call/Email
Posting: 282359 | Available | 4/24/24
Steeped in history since 1994, this prominent South Orange County establishment stands as a beacon of excellence in the domain of cylinder head remanufacturing. With over two decades in the field, they've mastered the art of restoring cylinder heads to their original specifications.
Asking Price
$300,000
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
$500,000
Revenue
$3,000,000
Down
Call/Email
Posting: 284976 | Available | 2/3/24
This is an auto body shop for sale! Established for an impressive 48 years in a prime location, the current owner has successfully managed this business for the past 7 years. This semi-absentee operation boasts a spacious 1.1-acre lot with a total of 49,764 square feet.
Asking Price
$1,500,000
Cash flow
$304,800
Revenue
$1,653,000
Down
Call/Email
Posting: 286328 | Available | 4/29/24
For sale is a 26 year old auto repair business located in prime area of South Orange County. It is 13,000 sq ft with 22 ft ceilings. There is additional outdoor parking for 35 cars. They are increasing revenue year after year with clean financials.
Asking Price
$851,000
Cash flow
$101,200
Revenue
$260,000
Down
$169,000
Posting: 277241 | Available | 4/16/24
For sale is a well-established auto repair shop with a history spanning 31 years, prominently located on a major high-traffic boulevard in an auto center building. The shop benefits from its 2,800 square-foot unit that offers excellent visibility, easy access, and ample parking.
Asking Price
$169,000
Cash flow
$620,547
Revenue
$2,478,731
Down
Call/Email
Posting: 284404 | 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
$1,900,000
Cash flow
Call/Email
Revenue
$2,400,000
Down
$2,500,000
Posting: 284499 | Available | 3/19/24
For sale is an established flex car wash, very well known to the neighborhood on a 1.2 acre lot. It is located on a very busy street with excellent visibility. It is absentee run. Business only.
Asking Price
$4,000,000
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
$220,000
Revenue
$935,000
Down
Call/Email
Posting: 286195 | Available | 4/19/24
Built on a foundation of loyal clientele, the business excels in delivering swift and competitive repairs. Its strategic location within an automotive commerce hub has facilitated an impressive 15% growth over the past year. The business offers a comprehensive range of repair services, from routine.
Asking Price
$525,000
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
$1,300,000
Revenue
$18,000,000
Down
Call/Email
Posting: 283590 | Available | 5/10/24
This dealership offers the finest pre-owned luxury automobiles. The dealership has been in the current location since 2005 and over 30 years in the business. The vehicles are the finest quality yet most reasonably priced. They are for successful individuals with a taste for the finer things.
Asking Price
$2,900,000
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
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
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
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Choosing a business broker to sell your business can be crucial to the success of it selling. A broker who you have an exclusive listing agreement with, which I recommend vs. open listing, will essentially be your partner during the listing term in getting your business sold. Joe Ranieri explains.
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, we must define, who are the Millennials? The exact years are up for debate, but Millennials were born during approximately between 1981-1986, which today would be between 22 and 37 years of age. Joe Ranieri looks at what these buyers are looking for and what qualities they seek in businesses.
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.
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.
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 gas station can be a profitable business. From my experience, here are the pros & cons of buying a gas station that I share with BizBen ProBuy Buyers when they come to me to to get pre-qualified for financing to buy a gas station (with or without real estate). I discuss all these factors.
How much money should you expect to make when buying an automatic car wash? Peter Siegel, MBA (BizBen ProBuy Program Director and Business Purchase Financing Expert) explains with other brokers, intermediaries, and advisors info on this topic.
This is a hard question to answer specifically without any knowledge of the business. What kind of car wash it is (auto, self-serve, or full service)?, How many bays does the car wash have? Is there any other streams of revenue? We discuss this topic regarding car washes on this BizBen Discussion.
Before purchasing a car wash (quick serve or full serve) you must understand that the industry as a whole will provide you with plenty of competition. More importantly, depending on what your interests are, you will identify what type of car wash you want. We discuss this all in this Discussion.
Doing due diligence when buying any type of business is extremely important. Regardless of what type of business you are buying there are certain things you will always look at such as, financials, equipment, legal issues etc. We take a look at several angles for optimal gas station due diligence.
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.
Can a seller of a small business back out of an ongoing escrow? Probably, yes, it all depends how far along the escrow is, which will dictate how messy things will get for both owner & buyer. Joe Ranieri (Southern California Business Broker) gives his feedback with others on this BizBen Discussion.
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.
Changing hands of business ownership can seem both exciting and daunting to all parties involved, but it's important that a smooth transition occurs to maintain or achieve success of the business. Here are some tips I recommend ensuring things go smoothly when buying a California small business.
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.
Should small business owners/sellers or brokers/agents give potential buyers direct access to past company tax returns and financials (profit & loss statements) either before or pre the due diligence process? Multiple ProIntermediaries and ProAdvisors discuss this topic on this BizBen Discussion.
Every business broker knows that a listing taken is not a listing sold, in fact the ratio of listed vs. sold could be discouraging if you really thought about it. Joe Ranieri (Orange County Business Broker) discusses what you should do if you finally have to close the doors and call it quits.
50% of all California small business for sale transactions fail to complete. Why do businesses for sale fall out of escrow? Joel Miller (a senior care business specialist) discusses his 5 top reason why businesses fall out escrow along with other brokers, advisors on this BizBen Discussion.
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.
What are some ways a broker can prevent a buyer and seller from doing a deal behind their back and what to do about it if it happens? Joe Ranieri (Orange County Business Broker) discusses ways a business broker or agent can protect themselves from buyers and sellers trying to circumvent them.
A huge part of any exit strategy is properly planning for that moment in time when employees find out the business is for sale or, preferably, has been sold. Your workers have been kept in the dark for as long as possible. Some won't be a bit surprised. Others may be devastated.
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.
What qualities should you look for in a escrow and bulk sale service when buying/selling a business? I often get asked this question by other brokers and business sellers. See what I tell others and what other BizBen Advisors have to say on this topic in this Discussion.
What are the Pros & Cons of selling a business yourself? I get asked this question all the time and would like to share with other Intermediaries on BizBen all the angles of business owners taking the initiative and selling their own business.
Buying a business with a partner/partners, family members can make one think twice about ever doing it twice! However in this BizBen Discussion Post I chat with others about identifying roles, defining goals, attorney visits, and other relating issues.
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!
