Cash flow
$89,148
Revenue
$571,000
Down
$315,000
Posting: 281660 | Available | 4/25/24
For sale is a freestanding drive-through quick service restaurant located in a very busy area next to the college. There is a private parking lot, good visibility, with very little competition. They are serving burgers on the menu & Mexican food, breakfast lunch & dinner.
Asking Price
$315,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286254 | Available | 4/25/24
Burger shop in a popular and large neighborhood shopping center with several national chain anchor tenants, including Safeway, Starbucks, Exchange Bank, Dollar Tree & more. This burger shop occupies a great corner unit with wrap-around windows and is adjacent a bustling outside patio.
Asking Price
$69,000
Cash flow
$240,000
Revenue
$1,200,000
Down
$450,000
Posting: 286184 | Available | 4/18/24
For sale is a Nashville hot chicken burger and Korean hot dog shop franchise located in San Francisco County, CA. This is an excellent location located to a busy shopping mall, a high-foot traffic area. The brand new shop opened in 2023, and it is easy to operate with the owner not working.
Asking Price
$450,000
Cash flow
$130,000
Revenue
$880,000
Down
$360,000
Posting: 285019 | Available | 4/15/24
A profitable fast-food restaurant is situated in a freestanding, signalized corner location with excellent visibility and easy access. It is fully managed and features a full kitchen with walk-in refrigeration and well-maintained equipment. The kitchen is very easy to operate.
Asking Price
$360,000
Cash flow
$540,000
Revenue
$2,200,000
Down
$550,000
Posting: 272494 | Available | 4/15/24
For sale is a 35-year-old, 6-day hamburger restaurant with a drive-thru. It is located near an industrial zone with many houses and several schools. The monthly average sale is more than $190,000 and the monthly net income is around $45,000 (based on seller's disclosure).
Asking Price
$1,450,000
Cash flow
N/A
Revenue
N/A
Down
All Cash
Posting: 284335 | Available | 4/15/24
This burger joint is in the neighborhood strip center with a vast open-front parking lot. It has an excellent open kitchen, ideal for concept conversion. There is the possibility of converting into any cuisine except Mexican and Filipino restaurants. It is a perfect location with upside potential.
Asking Price
$75,000
Cash flow
$100,000
Revenue
$1,127,500
Down
Call/Email
Posting: 286126 | Available | 4/14/24
Located on the main boulevard in the south San Fernando Valley, this spacious 2,800 square feet kosher burger restaurant has proven to be a popular spot to get a variety of freshly cooked burgers, all made with fresh, local ingredients. The menu also includes hot dogs, wraps, salads, and plates.
Asking Price
$259,000
Cash flow
$120,000
Revenue
$900,000
Down
Call/Email
Posting: 286115 | Available | 4/12/24
For sale is a fast-casual breakfast, lunch and dinner, hamburger shop netting on average $10k/mo fully absentee. The restaurant was around for over 30 years with legacy customers and long-time employees (i.e. lifers) making this a very easy business to operate.
Asking Price
$399,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286066 | Available | 4/9/24
For sale is a multi-unit package for existing franchise units of Jack in the Box. They have a good demographic in growing market as they are located in Texas.
Asking Price
$7,925,000
Cash flow
$177,008
Revenue
$1,522,050
Down
Call/Email
Posting: 286049 | Available | 4/8/24
This is located off highway with lots of drive thru traffic. Neighbors include national retail. DQ operators have been providing consumers with crave-satisfying treats and foods since 1940. Liquidity requirements are $150k and net worth $290k.
Asking Price
$575,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$58,000
Posting: 286044 | Available | 4/8/24
Located in a shopping center on two major streets near a famous high school, this pizza, burgers, fries, and onion ring shop boasts a very upgraded kitchen and has the capability to change its menu to that of an Asian fast-food restaurant. Additionally, it offers ample parking. 58K down, owner carry
Asking Price
$88,000
Cash flow
Call/Email
Revenue
$276,000
Down
All Cash
Posting: 286043 | Available | 4/8/24
The brand-new establishment was opened three months ago. The seller urgently needs to sell it due to the need to return to Korea to take care of his ailing father, who is suffering from a serious health condition. The menu concept is great and easy to learn.
Asking Price
$118,000
Cash flow
$110,000
Revenue
$480,000
Down
Call/Email
Posting: 280035 | Available | 4/5/24
This burger shop is for sale in the busy intersection on Monument Blvd. This burger shop has been in the location for over 30 years. The rent is $7,300 including CAM and the size of the restaurant is 1,500 sq ft. The lease terms will be a 4yrs + 2yrs option. There's a fully equipped kitchen.
Asking Price
$249,999
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 280812 | Available | 4/3/24
This is a fantastic opportunity to take over this fast, casual restaurant which is located on a main thoroughfare in close proximity to Highway 12 & Highway 101, bus lines, retail shops, and much more. The Shopping Center features several anchor tenants and has plenty of parking.
Asking Price
$69,000
Cash flow
$400,000
Revenue
$2,200,000
Down
$1,500,000
Posting: 285943 | Available | 4/2/24
For sale is a fantastic drive thru hamburger restaurant with property. It was remodeled and extra income is $50,000. They have a huge parking lot. The annual sales are $2,200,000 and the annual net profit is $400,000. They have heavy traffic. There will be training and support.
Asking Price
$4,200,000
Cash flow
$447,000
Revenue
$3,156,000
Down
Call/Email
Posting: 284408 | Available | 4/2/24
Nestled in the picturesque Santa Cruz County, California, this exquisitely designed restaurant has been a steadfast fixture in the community, earning a stellar reputation over the years. Located in a prime location, the restaurant has Weathered the test of time.
Asking Price
$1,550,000
Cash flow
$144,000
Revenue
$900,000
Down
$400,000
Posting: 284087 | Available | 3/29/24
Welcome to the renowned "Last Great Hamburger Stand" - a free-standing Fat Burger restaurant with a drive-thru, located in the vibrant heart of Las Vegas. The owner is now looking to retire, presenting a fantastic opportunity for an enthusiastic new owner.
Asking Price
$400,000
Cash flow
$300,000
Revenue
$2,600,000
Down
$1,300,000
Posting: 285225 | Available | 3/25/24
For sale is a hamburger drive-thru franchise including property. It has heavy traffic near the freeway. Annual sales are $2,600,000 and the annual net is $300,000. There will be training & support and it is SBA loan prequalified. The asking price is $4,000,000.
Asking Price
$4,000,000
Cash flow
$231,903
Revenue
$1,780,399
Down
Call/Email
Posting: 274272 | Available | 3/22/24
This high-volume Fatburger/Buffalo Cafe is located on a street with heavy foot traffic near commercial businesses and universities. Fatburger is a quick casual, take-out & sit-down hamburger chain founded in 1952. It features freshly prepared, cooked-to-order food prepared in full view of guests.
Asking Price
$895,000
Cash flow
$1,870,288
Revenue
$9,993,448
Down
Call/Email
Posting: 276473 | Available | 3/22/24
This is a 6-store package with 2 fee properties available (not included in purchase price). Burger King is the 2nd largest hamburger chain in the world and has built its brand identity on its flagship Whopper Sandwich and flame-grilled cooking. Most all BK restaurants are open seven days a week.
Asking Price
$7,500,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285762 | Available | 3/21/24
For sale is a fast-food hamburger restaurant in the best location on one of the major streets in OC. This restaurant is surrounded by middle-class residential properties with so many well-known companies. This is a single independent burger restaurant with no delivery sales.
Asking Price
$270,000
Cash flow
$120,000
Revenue
$85,600,000
Down
$499,000
Posting: 285752 | Available | 3/20/24
For sale is a free-standing restaurant on a signalized corner with a large monument sign, great visibility and easy access from all directions. They are serving breakfast, lunch and dinner. It has a full kitchen and is very easy to operate kitchen with very well maintained equipment.
Asking Price
$499,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285616 | Available | 3/12/24
Located in a busy shopping center, food critics have often voted this franchise Best Hamburger in Los Angeles while it has become a familiar presence in Southern California, expanding quickly to other territories, with over 150 locations in the U.S. and internationally.
Asking Price
$350,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 283057 | Available | 3/11/24
For sale is a restaurant in a mixed-use retail center, run by the owner. It serves smokehouse delicacies. It has low rent at $1,640 and CAM charges only $291/month. It is 900 sq ft. The lease expires 7/31/25, plus 2: 3-year options. It has been an award-winning business for 12 years.
Asking Price
$180,000
Cash flow
$444,455
Revenue
$4,467,660
Down
Call/Email
Posting: 284569 | Available | 3/11/24
This is a well-known themed sports bar franchise with a strong following. It has an attractive themed location catering to sports fans and featuring large screen TVs throughout, serving a wide array of casual dining specialties including wings and burgers.
Asking Price
$1,700,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285500 | Available | 3/5/24
This is a burger and cheesesteak restaurant for sale in Downtown Oakland. It is located close to a federal building, and civic center. The neighborhood is very nice and right in front of this office building is a walkway area with places to go for lunch, not just Starbucks.
Asking Price
$75,000
Cash flow
Call/Email
Revenue
$913,980
Down
Call/Email
Posting: 285460 | Available | 3/1/24
This fantastic and growing gourmet burger & wine restaurant and concept is now for sale in Sonoma County. The Chef owner has built a fantastic following and received a huge amount of accolades, good media and great reviews in the two years it has been open.
Asking Price
$180,000
Cash flow
$240,000
Revenue
$800,000
Down
$150,000
Posting: 285432 | Available | 2/29/24
For sale is a famous 40-year-old hamburger restaurant on the beach by one owner. It is in a heavy tourist, rich area on the Pacific coast in LA. The annual sales are $800,000 and the annual net is $240,000. There will be training & support and it is SBA loan prequalified.
Asking Price
$430,000
Cash flow
$89,148
Revenue
$571,000
Down
$315,000
Posting: 281660 | Available | 4/25/24
For sale is a freestanding drive-through quick service restaurant located in a very busy area next to the college. There is a private parking lot, good visibility, with very little competition. They are serving burgers on the menu & Mexican food, breakfast lunch & dinner.
Asking Price
$315,000
Cash flow
$90,000
Revenue
$650,000
Down
All Cash
Posting: 284186 | Available | 12/6/23
For sale is a busy corner location up in front of a supermarket shopping center. It has amazing exposure to the street traffic. There is a great full kitchen and loads of parking. It is a very close distance to a large high school. There is extra potential to cater to the school.
Asking Price
$195,000
Cash flow
$120,000
Revenue
$85,600,000
Down
$499,000
Posting: 285752 | Available | 3/20/24
For sale is a free-standing restaurant on a signalized corner with a large monument sign, great visibility and easy access from all directions. They are serving breakfast, lunch and dinner. It has a full kitchen and is very easy to operate kitchen with very well maintained equipment.
Asking Price
$499,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286066 | Available | 4/9/24
For sale is a multi-unit package for existing franchise units of Jack in the Box. They have a good demographic in growing market as they are located in Texas.
Asking Price
$7,925,000
Cash flow
$250,000
Revenue
$1,417,423
Down
$300,000
Posting: 276416 | Available | 1/22/24
For sale is an American burger & specialty food restaurant with a hard liquor sports bar in San Clemente. Located near Beach. Has cocktail bar, which sells more than 25% of the total sales. The store size is 4,800 sq ft. There is a separate parking space which fits around 30 cars. It has good rent.
Asking Price
$775,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 280812 | Available | 4/3/24
This is a fantastic opportunity to take over this fast, casual restaurant which is located on a main thoroughfare in close proximity to Highway 12 & Highway 101, bus lines, retail shops, and much more. The Shopping Center features several anchor tenants and has plenty of parking.
Asking Price
$69,000
Cash flow
Call/Email
Revenue
$1,107,358
Down
Call/Email
Posting: 280266 | Available | 2/26/24
Located in Eagle Rock in a busy shopping center with major brand-name anchor stores and close freeway access, this food chain has thrived since 1947. Food critics have often voted it Best Hamburger in Los Angeles. Never frozen, all food is freshly prepared.
Asking Price
$525,000
Cash flow
$120,000
Revenue
$480,524
Down
$129,000
Posting: 279057 | Available | 8/4/23
This is a well-known hamburgers restaurant for sale. It has a full kitchen and a freestanding building for sale with lots of parking and big potential to increase income. The rent is $5,500 + NNN $1,550 and the lease is 5 + 5 years. It has one full-time employee and 4 part-time employees.
Asking Price
$129,000
Cash flow
$400,000
Revenue
$2,200,000
Down
$1,500,000
Posting: 285943 | Available | 4/2/24
For sale is a fantastic drive thru hamburger restaurant with property. It was remodeled and extra income is $50,000. They have a huge parking lot. The annual sales are $2,200,000 and the annual net profit is $400,000. They have heavy traffic. There will be training and support.
Asking Price
$4,200,000
Cash flow
$100,654
Revenue
$503,274
Down
$180,000
Posting: 278615 | Available | 7/5/23
Grizzly Bear's Burger is a well-established restaurant for a long time. It is a highway location off of the 14 Freeway. It has a drive-thru that is hard to find these days. It has a very simple menu that attracts a lot of freeway traffic. Currently, it is completely absentee-run.
Asking Price
$300,000
Cash flow
Call/Email
Revenue
$276,000
Down
All Cash
Posting: 286043 | Available | 4/8/24
The brand-new establishment was opened three months ago. The seller urgently needs to sell it due to the need to return to Korea to take care of his ailing father, who is suffering from a serious health condition. The menu concept is great and easy to learn.
Asking Price
$118,000
Cash flow
$120,000
Revenue
$300,000
Down
Call/Email
Posting: 283784 | Available | 11/9/23
For sale is a well-established hamburger restaurant that has been operating for over 70 years, 12 years being with the current owner. It's in an ideal location in the center of a well-mixed commercial & residential area in the restaurant streets of Anaheim. The restaurant is a simple operation.
Asking Price
$170,000
Cash flow
$120,000
Revenue
$900,000
Down
Call/Email
Posting: 286115 | Available | 4/12/24
For sale is a fast-casual breakfast, lunch and dinner, hamburger shop netting on average $10k/mo fully absentee. The restaurant was around for over 30 years with legacy customers and long-time employees (i.e. lifers) making this a very easy business to operate.
Asking Price
$399,000
Cash flow
$306,000
Revenue
$2,349,716
Down
Call/Email
Posting: 279865 | Available | 7/26/23
This restaurant is located in a residential neighborhood of the east-central region of Los Angeles, northwest of downtown, bordered by Silver Lake to the west and Chinatown to the east boasting annual profits of $306,000. It has a menu full of American and European.
Asking Price
$750,000
Cash flow
$210,000
Revenue
$960,000
Down
$215,000
Posting: 281400 | Available | 9/10/23
For sale is a long-established & profitable busy fast-food hamburger/diner located in the center of a well-mixed commercial and residential area in the restaurant street of South Gate/Downey. The free-standing building comes with great parking spaces and an easily accessible drive-thru.
Asking Price
$399,000
Cash flow
$130,000
Revenue
$880,000
Down
$360,000
Posting: 285019 | Available | 4/15/24
A profitable fast-food restaurant is situated in a freestanding, signalized corner location with excellent visibility and easy access. It is fully managed and features a full kitchen with walk-in refrigeration and well-maintained equipment. The kitchen is very easy to operate.
Asking Price
$360,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 275347 | Available | 7/28/22
Hamburger shop for sale in Orange County, CA. Free Standing with Drive-Thru. Ample Parking Space with Patio. Open: 7days 6:30-9:30. Good Financial Record. Eligible for SBA Loan depends on Buyer's credit and experience. 3 full-time cook + 3 full +3 part time helper. Current Seller managed business
Asking Price
$449,000
Cash flow
$444,455
Revenue
$4,467,660
Down
Call/Email
Posting: 284569 | Available | 3/11/24
This is a well-known themed sports bar franchise with a strong following. It has an attractive themed location catering to sports fans and featuring large screen TVs throughout, serving a wide array of casual dining specialties including wings and burgers.
Asking Price
$1,700,000
Cash flow
$300,000
Revenue
$2,600,000
Down
$1,300,000
Posting: 285225 | Available | 3/25/24
For sale is a hamburger drive-thru franchise including property. It has heavy traffic near the freeway. Annual sales are $2,600,000 and the annual net is $300,000. There will be training & support and it is SBA loan prequalified. The asking price is $4,000,000.
Asking Price
$4,000,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$20
Posting: 285096 | Available | 2/9/24
The owner wants to sell this hamburger shop with real estate. The asking price (business + real estate) is $2.4M. Only the hamburger shop is $145,000. The down would be 20%~30% of the purchase price. It is located on the border between Oakland and San Leandro, Alameda County, CA.
Asking Price
$2,340,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 280112 | Available | 8/8/23
For sale is an amazing drive-thru burger joint restaurant in a busy area of San Bernardino, with good sales, good employees, and low rent. This is a beautiful restaurant for a low price. It needs nothing and is running with an absentee owner. Come and take a look and decide for yourself.
Asking Price
$235,000
Cash flow
$120,000
Revenue
$720,000
Down
$75,000
Posting: 283566 | Available | 12/4/23
For sale is a hot dog and burger restaurant. It is open 6 days a week and the owner works 2 days. It is very famous in town and the food costs are much lower than other restaurants. Seller has 10 years of ownership. The seller will carry the financing (possible for owner).
Asking Price
$245,000
Cash flow
$1,870,288
Revenue
$9,993,448
Down
Call/Email
Posting: 276473 | Available | 3/22/24
This is a 6-store package with 2 fee properties available (not included in purchase price). Burger King is the 2nd largest hamburger chain in the world and has built its brand identity on its flagship Whopper Sandwich and flame-grilled cooking. Most all BK restaurants are open seven days a week.
Asking Price
$7,500,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286254 | Available | 4/25/24
Burger shop in a popular and large neighborhood shopping center with several national chain anchor tenants, including Safeway, Starbucks, Exchange Bank, Dollar Tree & more. This burger shop occupies a great corner unit with wrap-around windows and is adjacent a bustling outside patio.
Asking Price
$69,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$58,000
Posting: 286044 | Available | 4/8/24
Located in a shopping center on two major streets near a famous high school, this pizza, burgers, fries, and onion ring shop boasts a very upgraded kitchen and has the capability to change its menu to that of an Asian fast-food restaurant. Additionally, it offers ample parking. 58K down, owner carry
Asking Price
$88,000
Cash flow
Call / Email
Revenue
Call / Email
Down
$30
Posting: 275286 | Available | 7/21/22
16 years Running Business. Bigger Restaurant looking. Average gross Sale / month $70.000-$81.000 Net $7000-8000. Rent $8700. Asking $455.000. 7 days open Drive Through And Inside. Sq ft 2400.
Asking Price
$455,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 280307 | Available | 7/4/23
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
$185,000
Cash flow
N/A
Revenue
N/A
Down
All Cash
Posting: 284335 | Available | 4/15/24
This burger joint is in the neighborhood strip center with a vast open-front parking lot. It has an excellent open kitchen, ideal for concept conversion. There is the possibility of converting into any cuisine except Mexican and Filipino restaurants. It is a perfect location with upside potential.
Asking Price
$75,000
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
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
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
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
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
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
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.
Restaurant franchise offerings are among the most popular of the business types potential business buyers seek. What many would-be owners don't realize is that there are specific tips for buying fast food or restaurant franchises that don't necessarily apply to independent restaurants for sale.
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.
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.
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.
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.
Most owners know that when choosing a broker to help sell your business, it's good to find out about his or her background and maybe get some references of people who've worked with the professional. Before signing a listing agreement, it helps to know these extra things about the business broker.
With the economy in growth mode, many owners of small companies who are ready to retire or invest in another enterprise would be smart to offer their business for sale. But some insist on hanging on as owner just a little bit longer. And that might be a mistake. Three reasons people make this error.
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.
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!
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.
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.
