Cash flow
$108,000
Revenue
$780,000
Down
$299,000
Posting: 277662 | Available | 8/19/23
This is an excellent Mediterranean market with a produce department for sale. The store has a good reputation and is very well known within that community. The store is currently averaging between $65K to $70K a month in gross sales per seller. There is upside potential for many things.
Asking Price
$250,000
Cash flow
N/A
Revenue
N/A
Down
$300,000
Posting: 282209 | Available | 8/15/23
Grocery Store with Beer & Wine license | Located on Shopping center corner | Good street view | Ample parking area | Opportunity to bring liquor license | Reasonable rent amount | Brand new setup
Asking Price
$400,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 282210 | Available | 8/15/23
Neighborhood Grocery Store | Located on busy road | Opportunity to bring beer and wine or liquor | Increase sales by including lotto lottery, check cashing or money transfer services | Reasonable rent
Asking Price
$75,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 274317 | Available | 4/23/23
This California Type 21 Off-Sale Liquor License gives the licensee privileges to sell beer, wine and distilled spirits, in package form for consumption off the retail establishments premises. Minors are allowed to be on the premises; however, the purchaser must be of legal age to purchase alcohol.
Asking Price
$125,000
Cash flow
Call / Email
Revenue
$1,084,000
Down
Call / Email
Posting: 277444 | In Contract | 1/22/23
For sale is a very well-established Indian grocery store. Price includes 250K inventory. Prime location with low rent. It is highly visible from the main road and is a profitable store, with great margins and repeat customers. It has been a consistent performer.
Asking Price
$880,000
Cash flow
Call / Email
Revenue
Call / Email
Down
$300,000
Posting: 278115 | Available | 1/4/23
Moneymaker very busy, a liquor store with bear bar and restaurant. Multiple operations. Sales 80k plus. Very high margin. Great location in a shopping center. 100k inventory included in the price.
Asking Price
$799,000
Cash flow
Call / Email
Revenue
Call / Email
Down
$25
Posting: 274846 | Available | 1/4/23
For sale is an Indian grocery store owned by the same owner for approximately 8 years in Contra Costa County, CA. It has very reasonable rent. It is 4,500 sq ft. for $2,300 + NNN until Feb. 2023. The lease ends on February 28, 2023. From March 2023 onward, the lease will be under negotiation.
Asking Price
$695,000
Cash flow
Call / Email
Revenue
Call / Email
Down
$500,000
Posting: 277051 | Available | 10/24/22
For sale is a liquor and grocery store doing about $150k/month in store sales plus about 10k gallon/m at almost a $1/gallon margin. The profit from gas pays the rent. There is a laundromat on the premises that if remodeled can bring in additional income. This business has almost no competition.
Asking Price
$1,250,000
Cash flow
Call / Email
Revenue
$1,000,000
Down
$160,000
Posting: 275322 | Available | 7/24/22
Asian grocery supermarket business for sale in east bay area. The current owner is retiring after 20+ years in business. The sale is only for the business and real estate is not included in the sale. The current yearly net for the seller is $180k. The average yearly sale is very consistent with one
Asking Price
$825,000
Cash flow
$2,177,912
Revenue
$15,009,000
Down
$1,000,000
Posting: 268139 | Available | 4/14/22
This upscale supermarket is customer-focused, offering products and services to reward their customers with weekly deals, loyalty programs, and a higher level of customer service. Family-owned and operated for many decades, This is a rare opportunity to purchase a legacy store.
Asking Price
$4,500,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 272526 | Available | 2/22/22
Grocery mart for sale in Claremont, CA. Yearly Gross approximately $900,000; Yearly Net Income approximately $216,000; SBA Loan Possible; Selling price $1.19M plus inventory (approximate $70,000); 100% operated by employees. 1031 exchange ok.
Asking Price
Call / Email
Cash flow
$120,000
Revenue
$504,000
Down
$30
Posting: 270544 | Available | 1/28/22
East LA located, Well managed Beer & Wine Market for sale! 100 % Hispanic area in most densely populated in LA, easy operation and good margin. Low rent ! Perfect store for the first time market owner!
Asking Price
$139,000
Cash flow
Call / Email
Revenue
Call / Email
Down
$350,000
Posting: 251656 | Available | 2/3/21
Big size supermarket for sale in Fresno. 8,000 sq. ft. estimated food space and separate meat department. Ample parking area and located at the corner of the busy roads. Current owner since November 2017. Sells Beer & Wine. All Cash seller carry inventory. Monthly sales $180,000. Good margins.
Asking Price
$450,000
Cash flow
Call
Revenue
Call
Down
Call
Posting: 191742 | Available | 10/5/20
For sale is a high-volume grocery/liquor store with property in Sacramento. A full beer, wine, and liquor license is included with NO conditions. Store Sales are $140k + @ 33%-35% profit.
Asking Price
$6,000,000
Cash flow
$235,715
Revenue
$1,320,000
Down
$25
Posting: 284079 | Available | 4/22/24
This high end market is conveniently located inside the retail area of one of the most luxurious apartment communities in North San Jose. This business is a famous contemporary market stocking snacks, Organic products, groceries, beer, and wine selections.
Asking Price
$899,000
Cash flow
$200,524
Revenue
$1,314,394
Down
$285,000
Posting: 285041 | Available | 4/18/24
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
$350,000
Posting: 251656 | Available | 2/3/21
Big size supermarket for sale in Fresno. 8,000 sq. ft. estimated food space and separate meat department. Ample parking area and located at the corner of the busy roads. Current owner since November 2017. Sells Beer & Wine. All Cash seller carry inventory. Monthly sales $180,000. Good margins.
Asking Price
$450,000
Cash flow
Call / Email
Revenue
Call / Email
Down
$300,000
Posting: 278115 | Available | 1/4/23
Moneymaker very busy, a liquor store with bear bar and restaurant. Multiple operations. Sales 80k plus. Very high margin. Great location in a shopping center. 100k inventory included in the price.
Asking Price
$799,000
Cash flow
$1,123,820
Revenue
$19,230,455
Down
$4,250,000
Posting: 278395 | Available | 3/11/24
This full-service independent grocery store is located in the foothills of the Northern California Gold Country. Well established in the community, this store features full meat, bakery, deli, and floral department. With an average of over $1 Million in EBITDA, this opportunity is perfect.
Asking Price
$4,250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285756 | Available | 3/21/24
Don't miss out on this opportunity to shop safely and conveniently at this grocery store, operating for over 20 years in a stable location. It is approximately 3,000 sq ft. and is open 7 days a week from 8 AM to 7 PM. It is located in a safe area in front of a school. The net income is $10,000/mo.
Asking Price
$180,000
Cash flow
$300,000
Revenue
$2,220,000
Down
$30
Posting: 285110 | Available | 2/12/24
For sale is a high-volume market that is open 7am-8pm. It is located in a residential neighborhood. They have 10 full-time employees. The business is still growing. There is plenty of parking at the 4,400 sq ft. establishment with a reasonable rent of $7,000 monthly. The net income is $25,000.
Asking Price
$650,000
Cash flow
$36,000
Revenue
$102,000
Down
$115,000
Posting: 273800 | Available | 12/18/23
This is a 98-cent store with a wide variety of great merchandise and if you like a small-town atmosphere, this is the place for you. This market carries all kinds of supplies for the kitchen, party, bathroom, laundry, school, office, etc. This 98-cent store has great potential to increase revenue.
Asking Price
$99,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$50
Posting: 267076 | Available | 1/4/24
For sale is a well-established halal market with strong monthly sales of $250,000+/- per mo. They have strong bottom line profits, and short hours, 8 am to 9 pm daily It is 5,500 sq. ft. for $7,500.00 + NNN $1,014 on a 15-year lease. There are 15 employees and their monthly sales are $250,000.
Asking Price
570,000 + Inv
Cash flow
$150,000
Revenue
Call/Email
Down
$399,000
Posting: 282124 | Available | 3/1/24
For sale is a very successful convenience store established in 1990 & the current owner has been running it since 2016. It's on one of the border's busiest avenues near the Emeryville/Oakland border. The owners are doing exceptionally well and would like to sell it to have more time with family.
Asking Price
$299,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call / Email
Posting: 280156 | Available | 10/9/23
100% absentee run with meat, beer, and wine grocery market in a safe neighborhood. Sales: $87,000/month. Extra income: Lotto $1000/month. NO ATM, EBT(potential growth income available). 18 walk-in coolers. Margin:35%. Size:4000sqft. Rent:$6800 (includes NNN+water).6 employees. Asking price:280,000.
Asking Price
$280,000
Cash flow
Call / Email
Revenue
Call / Email
Down
$25
Posting: 274846 | Available | 1/4/23
For sale is an Indian grocery store owned by the same owner for approximately 8 years in Contra Costa County, CA. It has very reasonable rent. It is 4,500 sq ft. for $2,300 + NNN until Feb. 2023. The lease ends on February 28, 2023. From March 2023 onward, the lease will be under negotiation.
Asking Price
$695,000
Cash flow
Call/Email
Revenue
$2,880,000
Down
$560,000
Posting: 285506 | Available | 4/22/24
This shopping center houses an anchor supermarket, boasting ample parking directly in front of the establishment. It has a great parking lot. The seller is the landlord of the business. Staffing typically consists of 7 full-time employees and 2 part-time employees.
Asking Price
$1,499,000
Cash flow
Call/Email
Revenue
$1,080,000
Down
$200,000
Posting: 284863 | Available | 4/5/24
This is a mid-size Latino supermarket with meat, produce, a hot-deli, a bakery, and adding check cashing business (big potential). All fixtures and equipments are all most brand new. It is surrounded by many residential and apartment areas. It is in a Hispanic population.
Asking Price
$399,000
Cash flow
$200,000
Revenue
$1,400,000
Down
$350,000
Posting: 285647 | Available | 4/18/24
Situated in the vibrant West Hollywood area, this hot location boasts a 100% absentee-run operation with a high margin of 45%. Previously achieving monthly sales of $120,000 in 2023, which surged to $200,000 per month during the pandemic, this establishment operates from 10:00 am to 12:00 am.
Asking Price
$900,000
Cash flow
$275,000
Revenue
$978,000
Down
$449,000
Posting: 276639 | Available | 3/28/24
Very-high-profit market, due to having a virtual monopoly in the area. Located about 25 minutes from Silicon Valley, in a small town on the Coastal side of the San Mateo County mountains on one of the main roads connecting the Bay Area to the Coast, this market has a rustic outside.
Asking Price
$449,000
Cash flow
Call / Email
Revenue
$1,084,000
Down
Call / Email
Posting: 277444 | In Contract | 1/22/23
For sale is a very well-established Indian grocery store. Price includes 250K inventory. Prime location with low rent. It is highly visible from the main road and is a profitable store, with great margins and repeat customers. It has been a consistent performer.
Asking Price
$880,000
Cash flow
N/A
Revenue
N/A
Down
$300,000
Posting: 282209 | Available | 8/15/23
Grocery Store with Beer & Wine license | Located on Shopping center corner | Good street view | Ample parking area | Opportunity to bring liquor license | Reasonable rent amount | Brand new setup
Asking Price
$400,000
Cash flow
Call,Email
Revenue
Call/Email
Down
$20
Posting: 284117 | Available | 2/12/24
For sale is a well-established grocery, meat, and liquor market with gas outside. There is separate laundry & rental income from a retail strip available with the property. The two buildings are roughly 4,000 sq ft. each. It is across a big hospital and residential area.
Asking Price
$5,200,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 282210 | Available | 8/15/23
Neighborhood Grocery Store | Located on busy road | Opportunity to bring beer and wine or liquor | Increase sales by including lotto lottery, check cashing or money transfer services | Reasonable rent
Asking Price
$75,000
Cash flow
Call/Email
Revenue
$3,102,000
Down
Call/Email
Posting: 284545 | Available | 2/16/24
This is a super high-volume Asian supermarket in the heart of SF Chinatown. Prime location with heavy foot traffic that stretches along Stockton Street from Sacramento Street to Columbus Ave. Store conveniently located with S.F. public transit bus stop 10 feet away and 1 block from the new Bart.
Asking Price
$468,000
Cash flow
N/A
Revenue
$250,000
Down
Call/Email
Posting: 286030 | Available | 4/8/24
This Asian Hispanic grocery is a well-established independent store, specializing in Asian-Mexican products a business known for its resilience even during economic downturns. Presently, it operates under absentee management. It is a strategic location at a bustling intersection.
Asking Price
$900,000
Cash flow
Call/Email
Revenue
$2,970,000
Down
Call/Email
Posting: 278094 | Available | 1/9/24
This Farmers Market-style neighborhood grocery store is located in the heart of the densely populated South Bay. It is family-run and operated with key staff in place. The sellers started their business with a specialty in providing fresh farm produce.
Asking Price
$350,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$500,000
Posting: 282884 | Available | 3/25/24
It's a profitable liquor store in Alameda County. Seller claims $100,000 in monthly sales. Store has no Lotto, EBT and internet sales.Lease expires in 2026. Landlord is willing to give new Lease to the qualified buyer. An owner operator can make $250,000 Net. Asking Price $595,000
Asking Price
$595,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 275121 | Available | 4/2/24
A grocery store with a restaurant and bakery is for sale. The destination also includes a Halal meat market and specializes in Middle Eastern, North African, Afghan, and Iranian Cuisine. This is a well-established market in a populated area of Sacramento. Gross sales are $175,000 per month.
Asking Price
$1,675,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 274317 | Available | 4/23/23
This California Type 21 Off-Sale Liquor License gives the licensee privileges to sell beer, wine and distilled spirits, in package form for consumption off the retail establishments premises. Minors are allowed to be on the premises; however, the purchaser must be of legal age to purchase alcohol.
Asking Price
$125,000
Cash flow
Adj Net: Gross:
Revenue
Call/Email
Down
$25
Posting: 285824 | Available | 3/25/24
For sale is a great prime corner location in Bay area. It is a well-known franchise with over a dollar gas margin. It is absentee-owned. It has double wall fiber glass tanks and has great potential for an owner operator. They have a high annual gross profit. It is SBA loan prequalified.
Asking Price
$4,250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$20
Posting: 285805 | Available | 3/23/24
For sale is a great prime corner location in the north Sacramento area, with extra lot next door including in the price. They have an extra monthly income of $5k and high margins on gas. They have over $115,000 in store sales with high margins.
Asking Price
$4,500,000
For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
ServingNationwide - All Areas
I am the Founder Of BizBen.com. I consult daily with intermediaries, business buyers, owner/sellers & advisors daily about buying and selling California small to mid-sized businesses. Contact me today about joining & utilizing BizBen, consultations, & advisory services.
ServingNationwide - All Areas
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
I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a business evaluation & SWOT analysis for your business anywhere in the USA.
ServingNationwide
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
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.
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.
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.
Unlike a traditional brick and mortar business, selling a home business requires more finesse on the part of the seller. You really need to do your due diligence and prepare the business to be sold in order to make it attractive to a buyer. Here are my tips to achieving a successful sale.
The latest BizBen.com survey of Business Brokers and Agents outlined what it takes to be a top ten percent performer in the business brokerage industry. From good communication to utilizing your resources, these traits are something to take note of and put into practice to be successful.
This webinar is designed for business buyers, owner/sellers, business brokers, agents, and advisors who can benefit on the latest information and strategies on procuring large SBA loans to buy or sale a "large" small business - typically priced between $500K to $10M. Peter Siegel, MBA is the host.
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.
Approaching business owners directly to see if they want to sell can sometimes work well for business buyers searching to buy a small business. Another way is to broadcast your search criteria via the BizBen ProBuy Program to all brokers, agents, and intermediaries who are selling a small 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!
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.
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.
Despite challenges in the business for sale marketplace, some of the brokers who make a living by facilitating a deal between buyer and seller are known to stand in the way of a completed transaction because of some outdated ideas. Too bad they put greed ahead of the needs of their clients.
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.
The idea to have a buying a business checklist follows the adage that it's always useful to start with a plan when searching to buy a small business for sale. Peter Siegel, MBA Founder of BizBen.com and top advisor of the BizBen ProBuy Program suggests six items for all business buyers to utilize.
The key to finding the ideal business broker or agent and selling a small business is asking the right questions and getting the right answers back! Peter Siegel, MBA with BizBen & several top business brokers and agents in California (ProIntermediaries) contribute to this topic to assist sellers.
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 - BizBen.com & SBALoanAdvisors.com Founder discusses the difference between a hands on owner and an absentee owner. It covers why someone would want to be an absentee owner and then goes on to discuss the pros and cons of buying an absentee run small to mid-sized business.
Peter Siegel, MBA - Lead Advisor with the BizBen.com ProSell Program discusses critical steps to prepare a small to mid-sized business including: which documents will be needed, key advisors to have involved, pricing the business, and how to attract the right business buyers to your listing.
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.
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.
Peter Siegel, MBA - BizBen Founder & Director of the ProBuy/ProSell Programs explores why earnest money deposits when opening escrow (and bulk sale) serve several important purposes when buying or selling a small business in California. For Buyers not offering a realistic deposit may be a problem.
Successful sellers of small businesses need a game plan to sell their California small business for maximum price and for the best terms. Peter Siegel, MBA discusses these seller strategies with BizBen Blog readers based on his experience as the lead Advisor with the ProSell Program on BizBen.com.
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.
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.
80% of all California business buyers never end up buying a business! Many factors contribute to this statistic, but by following the points below and utilizing the ProBuy Method of buying a business you should be successful in locating a business that interests you and completing the transaction!
The only time to get an exact and accurate inventory count, and valuation, is at the time the business is being transferred. To do so beforehand, would mean that any merchandise sold after inventory is taken, but before close of escrow - Peter Siegel, MBA with BizBen & others discuss 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.
