Status: Off The Market
Posting ID: 246971
Call / Email
Asking Price
NOTE: This BizBen Posting #246971 Gifts Edible Arrangement Service in East Bay 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
$516,110
Revenue
$2,094,826
Down
Call/Email
Posting: 284532 | Available | 3/28/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,750,000
Cash flow
$421,093
Revenue
$1,978,211
Down
Call/Email
Posting: 285617 | Available | 5/23/24
Asking Price: $1,000,000 with assumption of $350,000 in vehicle financing. FedEx Ground Routes for Sale: Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Business has seen double digit organic growth since inception
Asking Price
$1,000,000
Cash flow
$360,189
Revenue
$1,257,574
Down
Call/Email
Posting: 285672 | Available | 3/15/24
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
$1,000,000
Cash flow
$36,000
Revenue
$379,212
Down
Call/Email
Posting: 283070 | Available | 9/27/23
This is a tremendous opportunity for someone with a creative/artistic side who wants to own and operate their own business. This specific shop has been in business for over 20 years and is always busy.
Asking Price
$250,000
Cash flow
$542,018
Revenue
$1,949,553
Down
Call/Email
Posting: 279006 | Available | 2/2/24
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
$1,900,000
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
N/A
Revenue
N/A
Down
N/A
Posting: 283457 | Available | 4/23/24
Profitable Beachfront Retail Shop. A Santa Barbara beachfront location, this is a long-established and profitable retail shop that has supported the owner and her family since opening more than 35 years ago. Location attracts a large number of locals and tourists each year.
Asking Price
$625,000
Cash flow
$575,467
Revenue
$2,034,021
Down
Call/Email
Posting: 283263 | 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
$1,725,000
Cash flow
$555,005
Revenue
$1,833,352
Down
Call/Email
Posting: 280856 | 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
$2,100,000
Cash flow
$336,835
Revenue
$1,213,480
Down
Call/Email
Posting: 281024 | 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
$900,000
Cash flow
Call/Email
Revenue
$1,762,563
Down
Call/Email
Posting: 283211 | Available | 10/4/23
This is a great opportunity to take over a well-known and respected home improvement retailer. It is fully turn-key. This business is ready for a new owner with experience and expertise to come in and drive sales. With inventory, you cannot find in other similar stores.
Asking Price
$949,999
Cash flow
Call/Email
Revenue
$63,900
Down
$29,000
Posting: 283537 | Available | 4/2/24
Located in the greater La Quinta area, this exceptional apothecary shop is now available for sale, offering a unique opportunity for individuals passionate about aromatherapy and natural wellness.
Asking Price
$29,000
Cash flow
$3,219,970
Revenue
$11,959,283
Down
Call/Email
Posting: 279780 | 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
$12,000,000
Cash flow
$325,688
Revenue
$1,229,907
Down
Call/Email
Posting: 283979 | 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
$1,000,000
Cash flow
$261,836
Revenue
$931,906
Down
Call/Email
Posting: 284480 | Available | 1/3/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$650,000
Cash flow
$920,142
Revenue
$3,233,950
Down
Call/Email
Posting: 284178 | Available | 4/25/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$2,750,000
Cash flow
$132,000
Revenue
$450,000
Down
$160,000
Posting: 286395 | Available | 5/2/24
This florist, which has been serving South Orange County for 38 years and has a consistent gross annual sales (GAS) of $450,000 to $500,000, is family-owned and operated. They are committed to offering only the finest floral arrangements and gifts, backed by service that is friendly.
Asking Price
$200,000
Cash flow
$63,968
Revenue
$334,793
Down
Call/Email
Posting: 274753 | Available | 2/12/23
This vegan food delivery service with a local presence for its freshly prepared meals and a national presence for its frozen options, which is the incumbent player in this highly attractive feel-good, and eco-friendly niche. New owners may wish to take this business in any number of directions.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
$552,000
Down
Call/Email
Posting: 285086 | Available | 4/11/24
Discover a unique opportunity in the specialty bedding market. Step into a world of opportunity with this well-established luxury mattress store. This store isn't just a business; it's a platform fully equipped with a curated selection of renowned mattress brands and sleep accessories.
Asking Price
$105,000
Cash flow
$184,440
Revenue
$600,000
Down
$200,000
Posting: 275835 | Available | 8/18/22
Beachfront gift shop, well-established. One of the busiest spots in San Diego. Rare opportunity for sale. Year-round successful business. About 75 % margin on sales revenue. Please text or email (do not call) -- I will reply in 30 minutes if text or email.
Asking Price
$399,900
Cash flow
$395,232
Revenue
$1,448,312
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
$251,281
Revenue
$925,346
Down
Call/Email
Posting: 280859 | 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
$850,000
Cash flow
$317,865
Revenue
$1,079,917
Down
Call/Email
Posting: 283138 | Available | 10/1/23
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
$838,201
Revenue
$2,842,154
Down
Call/Email
Posting: 286745 | Available | 5/24/24
FedEx Ground Routes for Sale: 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
$2,895,000
Cash flow
$75,000
Revenue
$150,000
Down
Call
Posting: 276433 | Available | 5/2/24
This optical store and lab - optician - has been in business since 2002, under the same ownership. The store is 850 square feet at a rent of approximately $1,600 per month, the landlord will be open to negotiating a new lease for the buyer. Seller plans on retiring but will provide transition help.
Asking Price
90,000 + Inv
Cash flow
$730,927
Revenue
$2,830,043
Down
Call/Email
Posting: 283133 | Available | 2/7/24
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
$2,600,000
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
$297,243
Revenue
$1,069,210
Down
Call/Email
Posting: 279401 | Available | 4/3/24
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. The business has seen double-digit organic growth since its inception.
Asking Price
$750,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285746 | Available | 5/24/24
A dog grooming shop, established in 1968 with the same owner, is located in an upscale neighborhood with a lot of foot traffic and Mountain View. This fully remodeled salon offers full-service grooming for dogs and cats. The shop spans 1,250 sq ft.
Asking Price
$125,000
Cash flow
$69,751
Revenue
$114,905
Down
$150,000
Posting: 280975 | Available | 5/21/24
This family business started in 1985, provides residential, commercial, and window cleaning in the area of Santa Clarita, Porter Ranch, San Fernando, and beyond. Their works cover from basic vacuuming and dusting to full range deep cleaning, tenant move-out cleaning, and building exterior wash.
Asking Price
$150,000
Cash flow
$219,950
Revenue
$219,950
Down
$2,900,000
Posting: 283295 | Available | 5/26/24
This Silverlake restaurant and bar with liquor, onsite parking, and excellent street visibility boasts what may arguably be the most coveted outdoor patio in the area. The venue has 3 dining areas that open into an adjacent bar and outdoor patio. The corner property is included!
Asking Price
$2,900,000
Cash flow
$605,000
Revenue
$3,066,000
Down
$250,000
Posting: 284832 | Available | 5/23/24
Founded over 37 years ago, this widely recognized commercial plumbing business has developed a reputation throughout the industry for consistency, reliability, and quality. The business has had a solid record of growth over the last 37 years.
Asking Price
$2,039,988
Cash flow
$131,973
Revenue
$276,507
Down
$260,000
Posting: 285719 | Available | 5/25/24
This burgeoning Encino eatery is the quintessential 5-day deli opportunity that boasts solid earnings despite its abbreviated operating hours. The venue, which is known for its high foot traffic location and inviting atmosphere, provides a cozy space.
Asking Price
$225,000
Cash flow
Call/Email
Revenue
$960,000
Down
Call/Email
Posting: 286537 | Available | 5/26/24
A rare opportunity exists to own a well-established liquor store with gas, operating on a large commercial-zoned real estate lot with short operating hours. The monthly rent from two rental properties amounts to $6,250.
Asking Price
$2,600,000
Cash flow
$200,524
Revenue
$1,314,394
Down
$285,000
Posting: 285041 | Available | 5/23/24
This greater Silverlake/Glendale area market combines a carefully curated assortment of natural and organic wines, beers, spirits and beverages, food, merchandise and home goods with organic produce, breads and specialty provisions sourced locally to ensure freshness.
Asking Price
$285,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286785 | Available | 5/25/24
For Sale: A 4 Year Old Established Home Health Care Agency in Van Nuys, CA. The agency is fully licensed and accredited, having passed all surveys. There are NO loans, NO debts, and NO deficiencies. It is clean and ready for an ownership change.
Asking Price
$160,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 285637 | Available | 5/24/24
This is a great opportunity to get into the bar business. This establishment has been around for over a decade. The neighborhood bar is located in a vibrant setting surrounded by multiple restaurants and other bars. This bar is known for creative and fun cocktails. A local iconic spot with regulars.
Asking Price
$399,999
Cash flow
Call/Email
Revenue
$4,500,000
Down
Call/Email
Posting: 285309 | Available | 5/22/24
Situated at a prime corner spot on a bustling main block in Los Angeles, this establishment resonates with rich global influences, creating a unique and inviting atmosphere. Boasting adaptable space accommodating up to 140 guests, the venue features timeless design elements.
Asking Price
$825,000
Cash flow
$3,830,730
Revenue
$26,912,323
Down
Call/Email
Posting: 284824 | Available | 5/23/24
This well-established freight company provides drayage services from the ports of Los Angeles and Long Beach to warehouses in Southern California. The company was established over 37 years ago and has over 130 customers in diverse industries.
Asking Price
Call/Email
Cash flow
$175,000
Revenue
$525,000
Down
$300,000
Posting: 276123 | Available | 5/23/24
Must see a 100% wet cleaning plant located in West Hills near high-income Woodland Hills, Calabasas, and Bell Canyon. This is an 11 year-old, 1,200 sq. ft. plant, including shirt laundry. Most of the equipment is newer. No chemicals -- environmentally safe -- all work done in-house.
Asking Price
$500,000
Cash flow
$74,842
Revenue
$142,544
Down
$125,000
Posting: 280801 | Available | 5/22/24
This female athleisure-activewear brand focuses on functional fitness clothing that celebrates each of its client's unique features. The brand delivers eco-responsible luxury and comfort designed for everything from high-powered workouts to afternoon dog walks and errands (and in between!).
Asking Price
$125,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285867 | Available | 5/26/24
This is a hospice agency for sale in Burbank, Los Angeles County, California, with first license only. It must pass the second survey. The price is $175K.
Asking Price
$175,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$10,000
Posting: 286567 | Available | 5/26/24
For sale is an upscale full-service modern hair salon with in the heart of Downtown Alhambra. This salon has 10 stations and 3 shampoo bowls. The salon offers precision haircuts, custom coloring, re-texturizing straight and curly hair, and updos. Individual room for lash extensions, massage& waxing
Asking Price
$65,000
Total Investment
$200,000
Min Liquid Cash
Call/Email
Net Worth
N/A
Posting: 284296 | Available | 5/21/24
More than just a business opportunity. Own a profitable business in one of the least saturated industries in the country even if you have no experience. The thousands of people who win law suits daily are all your potential customers.
Franchise Fee
Call/Email
Cash flow
$1,200,000
Revenue
$1,140,000
Down
$55,000
Posting: 286780 | Available | 5/25/24
It is located between downtown LA and Koreatown, the biggest advantage is that there is no competition, so profits and net income are very high. The cost of rent is $2,805 for 2,600 sq ft. + basement. (additional reason why profits are high). It is a relatively safe place.
Asking Price
$1,050,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 286166 | Available | 5/23/24
A brand new home health agency is available for sale. The sale includes the initial state license approved by CDPH. The license is fully transferable and is approved for the following counties: LA, Orange, San Bernardino, Ventura, Riverside, and San Diego.
Asking Price
$60,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$135,000
Posting: 286124 | Available | 5/21/24
Tangible Asset Sale! This restaurant is located very close to the exit for Freeway 91, surrounded by numerous businesses. Originally established in 2007, it has been successfully operating for almost 14 years. The kitchen features an extensive hood system, a walk-in cooler & freezer.
Asking Price
$135,000
Cash flow
$449,157
Revenue
$1,509,739
Down
Call/Email
Posting: 283105 | 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
$1,300,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286535 | Available | 5/12/24
This store has been operating in the same location for about 15 years. So this store has many regular customers and stable income. If a family runs it, it is a business that does not require much effort and yet generates a decent income.
Asking Price
$10,000
Cash flow
$200,000
Revenue
$330,000
Down
$35
Posting: 276910 | Available | 10/17/22
The liquor store located at the center of apartment area, surrounded by good neighbour.The store business open hours is a short hours but the store has a big sales volume and very low rent. It is easy to oprate the store. Sales volume of the store is to be around $100k t0 110k.
Asking Price
$990,000
Cash flow
$144,000
Revenue
$360,000
Down
$215,000
Posting: 285338 | Available | 5/14/24
For sale is a golf repair & authorized dealer store with high net income in Long Beach. Business hours are from 10-6pm and Sat 10-4pm. Sunday closed. It is an easy operation. The same owner wants to retire after 36 years operating. Rare opportunity inventory needs to be paid by the buyer separately.
Asking Price
$215,000
Cash flow
$135,000
Revenue
$1,300,000
Down
$300,000
Posting: 286074 | Available | 4/9/24
For sale is a free standing building on the most traveled blvd in Pasadena. The building size is 4,520 SF; lot size is 9,683 SF with front and back parking spaces. Rent is $7,725/month, annual gross sales are $ 1,300,000 and the net income is $135,000. They hold many special events.
Asking Price
$300,000
Cash flow
$120,000
Revenue
$660,000
Down
$120,000
Posting: 284943 | Available | 1/31/24
This Korea Town, Los Angeles market is for sale. The market is located in a small shopping center. The opening time is from 8 AM to 10 PM. The lease has 7 years left and the space is about 900 SF plus another storage of 80 SF. The extra income from lotto is about $3,000 per month.
Asking Price
$280,000
Cash flow
Call/Email
Revenue
$600,000
Down
$195,000
Posting: 285361 | Available | 4/28/24
For sale is a well-established and famous Korean restaurant in the busy Asian community shopping center. The current monthly sale is over $50,000. Its size is 1,600 sqft and rent $6,700 including NNN. It is well equipped, clean with long hood, walk-in cooler and grease trap. With beer/wine license.
Asking Price
$195,000
Cash flow
$72,000
Revenue
$456,000
Down
Call / Email
Posting: 277179 | Available | 10/30/22
For sale is a Subway Sandwich franchise location. This is a great opportunity to own this world-famous sub sandwiches at this great location. This is the place where you can trust the quality and freshness of sandwiches. The quality and taste of the food are always consistently delicious.
Asking Price
$299,000
Cash flow
Call/Email
Revenue
$210,000
Down
Call/Email
Posting: 231410 | Available | 4/22/24
This is an excellent opportunity to own a well-established mail box business in Panorama city. This is a great opportunity for an aggressive owner-operator to take over this well-established and outstanding mailbox business and take it to the next level.
Asking Price
$375,000
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
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
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
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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.
Lee Petsas, a Southern California business broker explores: How much consideration should I give as deposit? Are Deposits refundable and when? Cashing deposits & opening escrow, Return of deposit to buyer, Why do we take a deposit from buyers when preparing & executing a purchase agreement contract?
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.
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.
Overpricing is the number one mistake sellers and their brokers make when putting businesses on the market. Even profitable, well-managed businesses can get buried under a bad number. Brian Loring (Los Angeles County Business Broker) discusses "the tangible trap" and how to avoid it when selling.
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.
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.
