Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285056 | In Escrow | 7/25/24
Experience the epitome of elegance and refinement at our renowned establishment, where breathtaking views, exquisite dining, and a romantic ambiance converge to create an unparalleled dining experience. It is recognized as the Inland Empire's premier destination for romance and ambiance.
Asking Price
$2,500,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 283424 | Available | 7/3/24
Located in historic downtown Santa Barbara, this bar and restaurant stands as a vibrant culinary destination that effortlessly marries tradition with innovation, where delectable dining and signature cocktails meet timeless charm.
Asking Price
$999,000
Bldg Size
2,000 Sq.Ft
Space Being Rented
no Sq.Ft
Year Built
Call / Email
Posting: 285061 | Available | 6/27/24
A restaurant is available for lease in downtown Palo Alto. Palo Alto is recognized as a global leader in cutting-edge tech development, known as the "Birthplace of Silicon Valley.' University Avenue runs through downtown Palo Alto and has casual & upscale restaurants, plus a well known chain store.
Lease Amount
$28,000
Cash flow
$500,000
Revenue
$2,000,000
Down
$700,000
Posting: 277691 | Available | 6/19/24
Excellent location! This restaurant, established in 2009 by a famous chef, serves fine traditional Italian cuisine. It features a 2,000 square foot building with a seating capacity of 40 inside and 80 outside on three covered and heated patios, accommodating a total of 120 guests.
Asking Price
$1,000,000
Cash flow
$224,000
Revenue
$2,381,768
Down
Call/Email
Posting: 282902 | Available | 6/19/24
This place makes you feel you are somewhere other than Southern California. If you like small-town atmosphere and outdoor charming patio with phenomenal, scrumptious, incredible and amazingly delicious food, this is the place. This place really makes you feel at home and definitely a hidden gem.
Asking Price
$2,200,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 282719 | Available | 5/31/24
For sale is an LA County type 47 liquor license at $130,000 plus fees.
Asking Price
$130,000
Cash flow
$135,613
Revenue
$615,051
Down
Call/Email
Posting: 280394 | Available | 5/30/24
This is a downtown Santa Barbara restaurant with beer and wine for sale in an ideal location. It is absentee-run and is a turnkey restaurant. A local can easily increase sales to past levels and more. It has new bathrooms and kitchen flooring and additional dining room upgrades have been completed.
Asking Price
$389,000
Bldg Size
Call / Email
Space Being Rented
no Sq.Ft
Year Built
Call / Email
Posting: 285060 | Available | 5/23/24
This is a restaurant for lease that is currently vacant. The landlord is looking for a new high-end concept to occupy this space. The restaurant is located in a prime spot in of downtown Palo Alto surrounded by upscale restaurants, Starbucks, Apple Store, and many shops.
Lease Amount
$28,000
Cash flow
$197,904
Revenue
$2,137,548
Down
$70,000
Posting: 280186 | Available | 5/21/24
SBA approved! Don't miss this fantastic, urban, coastal restaurant and sports bar, a well-established destination for locals and visitors alike. Located in a bustling, walkable area of the city, the restaurant boasts multiple attractive patios in a beautiful setting and lively atmosphere.
Asking Price
$450,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 280307 | Available | 4/26/24
This Sonoma County California ABC Type-47 Full Liquor License can be used on premises for a restaurant or may be converted to a Type 48 for a bar, tavern, or nightclub. This license is transferable to any location in Sonoma County, California.
Asking Price
$160,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283506 | Available | 4/10/24
For sale is an open kitchen restaurant in an excellent neighborhood, location, and exposure in a busy center with patio seating. Currently, it serves Mexican/Latin American cuisine but can convert to other concepts. It is absentee-owned, so it's perfect for your new idea or have the same concept.
Asking Price
$198,888
Cash flow
Call/Email
Revenue
$3,300,000
Down
Cash Only
Posting: 283342 | Available | 3/8/24
For sale is a restaurant and bar located in one of the most sought-after locations in Orange County. It has a beautiful build-out. The business has a full ABC 47 liquor license. Current management is in place and includes a general manager, chef or kitchen manager, and assistant manager.
Asking Price
$1,375,000
Cash flow
$27,647
Revenue
$1,646,683
Down
$100,000
Posting: 285409 | Available | 2/28/24
Seize this rare opportunity to own a distinguished dining venue in a prime area, boasting an investment of over $1.6 million in elegant design and state-of-the-art kitchen facilities. Ideal for an owner-operator, this property offers a turnkey solution for immediate entry into upscale dining market.
Asking Price
$100,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 283417 | Available | 10/17/23
This business is located in a busy retail center in Pleasanton. The center has a well-known supermarket as its primary tenant. The location is near the junction of Hwy 580 and 680 and in the primary shopping area of the desirable part of Pleasanton.
Asking Price
$105,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 283303 | Available | 10/11/23
Fully Equipped Restaurant in San Francisco's Fillmore District - Ready for Your Concept. This space is located in an area of town that has become a destination zone for successful, highly regarded restaurants such as State Bird Provisions, The Progress, and Anchovy Bar.
Asking Price
$99,000
Cash flow
$169,690
Revenue
$1,265,065
Down
Call/Email
Posting: 283055 | Available | 9/26/23
Michelin Guide Acclaimed - San Diego County - Seaside Resort Town Successful 2800 sq ft restaurant. SBA loan pre-approved for this highly acclaimed Michelin Guide restaurant located in Seaside Resort city. Annual sales revenues exceeded $1.2 million in 2022 and are for sale for $475,000 in 2022.
Asking Price
$395,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281447 | Available | 8/25/23
A off-sale general type 21 liquor license (package store) authorizes the sale of beer, wine, and distilled spirits for consumption off the premises where sold. Minors are allowed on the premises. The license price is to be discussed directly with the seller. There is a flat broker fee of $5,000.
Asking Price
Call/Email
Cash flow
Call/Email
Revenue
$3,000,000
Down
Call/Email
Posting: 281719 | Available | 7/19/23
This exceptional restaurant for sale in the greater La Quinta area offers not only prime real estate and parking on the premises but also includes a Type 47 liquor license. The restaurant itself is a stunning establishment, featuring a stylish and contemporary interior design.
Asking Price
$4,250,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 281686 | Available | 7/17/23
For sale is a Yuba County, California Type 21 general liquor license for $350,000 plus fees.
Asking Price
$350,000
Cash flow
Call/Email
Revenue
$1,948,000
Down
Call/Email
Posting: 281556 | Available | 7/8/23
San Fernando Valley Restaurant Turn-Key Busy Location. Operating in the same prime location since 2015, this high-trafficked, Tarzana eatery with an extensive fish menu, breakfast selection, and salads has been generating a healthy $2 million in annual revenue.
Asking Price
$165,000
Cash flow
$743,093
Revenue
$4,285,169
Down
Call/Email
Posting: 280464 | Available | 4/30/23
Est 1964 - Iconic Breakfast, Lunch, and Dinner Restaurant Located in Los Angeles County with Hard Liquor License. This restaurant has been serving from-scratch American and south-of-the-border favorites in this truly unique building since 1964.
Asking Price
$2,500,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 278787 | Available | 2/1/23
This restaurant in Los Angeles, CA has very big potential and is located in a high foot traffic area. Beer and wine are permitted in the dining area for patrons. Their hours are 5 pm to 11 pm and they are closed on Sunday. The gross sales are $1,036,907. The lease goes until 7/2026 plus 5-year.
Asking Price
$495,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285056 | In Escrow | 7/25/24
Experience the epitome of elegance and refinement at our renowned establishment, where breathtaking views, exquisite dining, and a romantic ambiance converge to create an unparalleled dining experience. It is recognized as the Inland Empire's premier destination for romance and ambiance.
Asking Price
$2,500,000
Cash flow
$224,000
Revenue
$2,381,768
Down
Call/Email
Posting: 282902 | Available | 6/19/24
This place makes you feel you are somewhere other than Southern California. If you like small-town atmosphere and outdoor charming patio with phenomenal, scrumptious, incredible and amazingly delicious food, this is the place. This place really makes you feel at home and definitely a hidden gem.
Asking Price
$2,200,000
Cash flow
Call/Email
Revenue
$3,300,000
Down
Cash Only
Posting: 283342 | Available | 3/8/24
For sale is a restaurant and bar located in one of the most sought-after locations in Orange County. It has a beautiful build-out. The business has a full ABC 47 liquor license. Current management is in place and includes a general manager, chef or kitchen manager, and assistant manager.
Asking Price
$1,375,000
Cash flow
$27,647
Revenue
$1,646,683
Down
$100,000
Posting: 285409 | Available | 2/28/24
Seize this rare opportunity to own a distinguished dining venue in a prime area, boasting an investment of over $1.6 million in elegant design and state-of-the-art kitchen facilities. Ideal for an owner-operator, this property offers a turnkey solution for immediate entry into upscale dining market.
Asking Price
$100,000
Cash flow
$197,904
Revenue
$2,137,548
Down
$70,000
Posting: 280186 | Available | 5/21/24
SBA approved! Don't miss this fantastic, urban, coastal restaurant and sports bar, a well-established destination for locals and visitors alike. Located in a bustling, walkable area of the city, the restaurant boasts multiple attractive patios in a beautiful setting and lively atmosphere.
Asking Price
$450,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 278787 | Available | 2/1/23
This restaurant in Los Angeles, CA has very big potential and is located in a high foot traffic area. Beer and wine are permitted in the dining area for patrons. Their hours are 5 pm to 11 pm and they are closed on Sunday. The gross sales are $1,036,907. The lease goes until 7/2026 plus 5-year.
Asking Price
$495,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 283303 | Available | 10/11/23
Fully Equipped Restaurant in San Francisco's Fillmore District - Ready for Your Concept. This space is located in an area of town that has become a destination zone for successful, highly regarded restaurants such as State Bird Provisions, The Progress, and Anchovy Bar.
Asking Price
$99,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 280307 | Available | 4/26/24
This Sonoma County California ABC Type-47 Full Liquor License can be used on premises for a restaurant or may be converted to a Type 48 for a bar, tavern, or nightclub. This license is transferable to any location in Sonoma County, California.
Asking Price
$160,000
Cash flow
Call/Email
Revenue
$1,948,000
Down
Call/Email
Posting: 281556 | Available | 7/8/23
San Fernando Valley Restaurant Turn-Key Busy Location. Operating in the same prime location since 2015, this high-trafficked, Tarzana eatery with an extensive fish menu, breakfast selection, and salads has been generating a healthy $2 million in annual revenue.
Asking Price
$165,000
Cash flow
$169,690
Revenue
$1,265,065
Down
Call/Email
Posting: 283055 | Available | 9/26/23
Michelin Guide Acclaimed - San Diego County - Seaside Resort Town Successful 2800 sq ft restaurant. SBA loan pre-approved for this highly acclaimed Michelin Guide restaurant located in Seaside Resort city. Annual sales revenues exceeded $1.2 million in 2022 and are for sale for $475,000 in 2022.
Asking Price
$395,000
Bldg Size
2,000 Sq.Ft
Space Being Rented
no Sq.Ft
Year Built
Call / Email
Posting: 285061 | Available | 6/27/24
A restaurant is available for lease in downtown Palo Alto. Palo Alto is recognized as a global leader in cutting-edge tech development, known as the "Birthplace of Silicon Valley.' University Avenue runs through downtown Palo Alto and has casual & upscale restaurants, plus a well known chain store.
Lease Amount
$28,000
Cash flow
$500,000
Revenue
$2,000,000
Down
$700,000
Posting: 277691 | Available | 6/19/24
Excellent location! This restaurant, established in 2009 by a famous chef, serves fine traditional Italian cuisine. It features a 2,000 square foot building with a seating capacity of 40 inside and 80 outside on three covered and heated patios, accommodating a total of 120 guests.
Asking Price
$1,000,000
Cash flow
$743,093
Revenue
$4,285,169
Down
Call/Email
Posting: 280464 | Available | 4/30/23
Est 1964 - Iconic Breakfast, Lunch, and Dinner Restaurant Located in Los Angeles County with Hard Liquor License. This restaurant has been serving from-scratch American and south-of-the-border favorites in this truly unique building since 1964.
Asking Price
$2,500,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 283424 | Available | 7/3/24
Located in historic downtown Santa Barbara, this bar and restaurant stands as a vibrant culinary destination that effortlessly marries tradition with innovation, where delectable dining and signature cocktails meet timeless charm.
Asking Price
$999,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 281686 | Available | 7/17/23
For sale is a Yuba County, California Type 21 general liquor license for $350,000 plus fees.
Asking Price
$350,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281447 | Available | 8/25/23
A off-sale general type 21 liquor license (package store) authorizes the sale of beer, wine, and distilled spirits for consumption off the premises where sold. Minors are allowed on the premises. The license price is to be discussed directly with the seller. There is a flat broker fee of $5,000.
Asking Price
Call/Email
Cash flow
$135,613
Revenue
$615,051
Down
Call/Email
Posting: 280394 | Available | 5/30/24
This is a downtown Santa Barbara restaurant with beer and wine for sale in an ideal location. It is absentee-run and is a turnkey restaurant. A local can easily increase sales to past levels and more. It has new bathrooms and kitchen flooring and additional dining room upgrades have been completed.
Asking Price
$389,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283506 | Available | 4/10/24
For sale is an open kitchen restaurant in an excellent neighborhood, location, and exposure in a busy center with patio seating. Currently, it serves Mexican/Latin American cuisine but can convert to other concepts. It is absentee-owned, so it's perfect for your new idea or have the same concept.
Asking Price
$198,888
Bldg Size
Call / Email
Space Being Rented
no Sq.Ft
Year Built
Call / Email
Posting: 285060 | Available | 5/23/24
This is a restaurant for lease that is currently vacant. The landlord is looking for a new high-end concept to occupy this space. The restaurant is located in a prime spot in of downtown Palo Alto surrounded by upscale restaurants, Starbucks, Apple Store, and many shops.
Lease Amount
$28,000
Cash flow
Call/Email
Revenue
$3,000,000
Down
Call/Email
Posting: 281719 | Available | 7/19/23
This exceptional restaurant for sale in the greater La Quinta area offers not only prime real estate and parking on the premises but also includes a Type 47 liquor license. The restaurant itself is a stunning establishment, featuring a stylish and contemporary interior design.
Asking Price
$4,250,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 282719 | Available | 5/31/24
For sale is an LA County type 47 liquor license at $130,000 plus fees.
Asking Price
$130,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 283417 | Available | 10/17/23
This business is located in a busy retail center in Pleasanton. The center has a well-known supermarket as its primary tenant. The location is near the junction of Hwy 580 and 680 and in the primary shopping area of the desirable part of Pleasanton.
Asking Price
$105,000
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
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
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
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
One avenue that has consistently shown promise and potential for budding entrepreneurs is the world of franchise businesses. Buying a franchise business offers individuals an opportunity to step into a proven business model, benefiting from an established brand, operational framework, and support.
Looking to buy restaurant businesses? Check out these tips first to avoid getting blindsided when you buy restaurants. Peter Siegel, MBA with BizBen.com discusses this topic.
Many California small business investors want to buy a restaurant. People always need to eat; there should be plenty of business. And some buyers think there is prestige to owning a popular eating establishment. But it isn't an easy purchase. Here's what not to do when planning to buy a restaurant.
The process for making a liquor license transfer used to take approximately 55-70 days, but now because of labor shortages and work protocols, it can be up to 3 months in California, for example. The longer an escrow is open, the greater the chance of having it fall out of escrow.
What is your goal in 5 years? Do you want to become a business owner? Buying a business can be an exciting, safe opportunity to gain financial freedom. But how to buy the right business? This article will walk you through the process of buying a business.
To start a business or try something new, starting a franchise business is a great option. In this blog, we'll break down everything you need to know about buying a franchise in simple, easy-to-understand terms. This guide is for business owners, whether experienced or new.
Often business buyers actions cause a deal to tank but they never know why. Peter Siegel with the BizBen ProBuy Program discusses what mistakes business buyers make in the search process to buy a business with some of the best business brokers and recent sellers on BizBen about this topic.
In my opinion and experience, an LOI may very well be appropriate for lower middle market transactions of $5,000,000 or more; but, for deals less than that an Asset Purchase Agreement ("APA") with contingencies on the actions of the buyer (and seller) is much more efficient and effective.
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.
Some entrepreneurs believe it's better to start a business from scratch rather than buy an existing enterprise. While this may be good advice in some cases, usually it's not the best strategy. Here are five tips to help a buyer make the right decision from Peter Siegel, MBA On BizBen.
When seeking large SBA business acquisition financing loans, it helps to review seller's add backs (cash flow analysis) as a source of funding to service the debt. Peter Siegel, MBA - SBALoanAdvisors.com Founder covers this specific topic for business buyers, owner/sellers, agents, business brokers.
In my experience working with the "right banks and financial institutions" repayment ability sometimes overrules collateral pledged by someone needing financing for a business purchase or a down payment. Peter Siegel, MBA - BizBen's ProBuy, ProSell Lead Facilitator explores this important topic.
Should owners who offer a business for sale reveal to prospective buyers any income that is not recorded in the books? This is a controversial topic with arguments both for and against. Most business sales intermediaries believe if you don't pay tax on it, you can't claim it. Some sellers disagree.
Most business acquisition financing strategies involve borrowing money to meet the purchase price. But an entirely different approach, equity sharing, is sometimes pursued if borrowed money is not wanted, or is not available to complete the purchase. Peter Siegel, MBA - BizBen.com covers this topic.
Buying a small to mid-sized business can be a confusing and/or frustrating process for many buyers. Statistics show that over 80% of all buyers never end up buying a business. The ProBuy Program assists potential buyers with the process of finding, evaluating & buying a small to mid-sized business.
Peter Siegel, MBA discusses buyers who want to buy a business or franchise know about asking the seller to provide part of the financing with a carry-back note. Many business buyers need some cash to help fund the down payment and for working capital. Here are four ideas about how to get that money.
With the multitude of factors that come into play when deciding the appropriate time to inform your employees that your business is for sale, I do not offer a standard or general answer. When sellers consult me as to my opinion on when it is the right time, I like to review the major issues that...
What are actual adjusted net earnings (cash flow) of a small business being purchased with business acquisition SBA Loan financing? That's an important amount that lenders need to know. Peter Siegel, MBA (BizBen.com, SBALoanAdvisors.com Founder) reviews this important concept with BizBen Blog users.
Selling a business is hard enough but using the wrong word, text, and strategy can really delay or outright kill a campaign to sell a small business successfully. Peter Siegel, MBA Founder of BizBen.com shares what words, phrases, and strategies work (and not) when selling a small business online.
The unfortunate truth is that approximately 50% of all small business sales transactions fall through. While failed transactions can happen for a variety of reasons, Peter Siegel, MBA (BizBen Founder & Lead Advisor) discusses the most common reason deals fall through; unrealistic asking prices.
The use of add backs & sellers discretionary cash is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains.
Owners should keep the fact that they want to sell their small business confidential. Before releasing information to prospective buyers, buyers should commit to confidentiality in writing & should understand why it is important. Peter Siegel, MBA a ProBuy and ProSell Advisor with BizBen explains.
First the dreaded statistic: 80% of all business buyers looking to buy a small business never end up doing so! Peter Siegel, MBA BizBen.com Founder & ProBuy Director) covers successful tactics & strategies all business buyers of small to mid-sized businesses should utilize now to buy a business.
SBA large loan expert and advisor Peter Siegel, MBA (BizBen.com & SBALoanAdvisors.com Founder) shares his views and experience for getting the right SBA loan for larger deals, getting deals professionally prequalified & analyzed, and getting that loan through underwriting with fewer complications!
Many times when buying a business there are reasons why buying stock or buying assets is the better business decision. We explore these options on the BizBen Blog Post of which option may be better depending on the circumstances of the buyer (and seller) involved in the transaction taking place.
Many business owners fail to maximize their business' value because they don't have a proper strategy in place to do so. Failure to maximize your businesses value will make it harder to attract the most qualified buyers. Have a plan that ensures your business is as attractive & valuable as possible.
A business buyer in our ProBuy Program searching to buy a business asked me to sum up what I though the biggest mistakes business buyers make when they search for and bought a small business. I asked ProIntermediaries on BizBen their thoughts on the matter and received a diverse response.
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.
Buying a small to mid-sized restaurant can have many pitfalls, and potential restaurant buyers should know how to avoid getting burned! Several restaurant advisors weigh in with (Peter Siegel, MBA at BizBen) and discuss tips for buying a restaurant in California.
Was chatting with a potential buyer of a restaurant in our BizBen ProBuy Program and he asked me what he should look for in due diligence when he finally did find a restaurant he was interested in. Peter Siegel, MBA with BizBen and others on BizBen explore this topic.
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.
