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Posting: 281882 | Available | 7/31/23
Clean Medicare Provider Number for a Nebraska Home Health Agency for sale with coverage across the entire state and potential fo patient reach and growth. This Provider Number is ready to bill Medicare immediately, offering a seamless start for the new owner.
Asking Price
$175,000
Cash flow
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Revenue
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Posting: 274598 | Available | 7/28/23
This is a home health agency for sale in the Sunland Park, New Mexico area. The company was established in 2012. There is no census or revenue guaranteed. The company is a Medicare provider number and only has the ability to bill Medicare. It is JCAHO accredited, and Medicare is accepted.
Asking Price
$175,000
Cash flow
$117,542
Revenue
$779,346
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Posting: 281815 | Available | 7/27/23
This is an excellent opportunity to acquire an established Dermatology practice. Located in central Virginia, this full-service Dermatology practice is well known for years of personalized attention and professional care provided to its patients.
Asking Price
$525,000
Cash flow
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Posting: 279965 | Available | 7/27/23
This is a profitable care home facility in Northern California with 36 beds, of which 12 are currently occupied. The facility does not come with any real estate. In 2022, the business generated a revenue of $724,000 and a net profit of $51,000. The asking price for the facility is $550,000.
Asking Price
$550,000
Cash flow
$173,934
Revenue
$724,907
Down
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Posting: 281730 | Available | 7/20/23
Profitable Senior Home Health Care Business that specializes in providing exceptional in-home care services to older adults, catering to their unique needs and ensuring utmost comfort in the familiar surroundings of their own homes.
Asking Price
$425,000
Cash flow
$240,000
Revenue
$650,000
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Posting: 278614 | Available | 7/18/23
For sale is a residential care facility for the elderly with real estate included! It is nestled in a very desirable area adjacent to West Hollywood and Beverly Hills, surrounded by beautiful homes in the well-established upscale neighborhood of Beverly Center area.
Asking Price
$545,000
Cash flow
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Revenue
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$239,000
Posting: 281622 | In Contract | 7/13/23
Update: 12/15/2023 - In contract. This pristine 6-bed congregate home is nestled in the Skyline Ranch community in Apple Valley (San Bernardino County). The facility is approximately a 10-minute drive from Highway 15 with plenty of eateries, grocery stores, and other venues along the way.
Asking Price
$239,000
Cash flow
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Posting: 275791 | Available | 2/26/23
This Sherman Oaks area home-health care agency provides high-quality home-health care services to promote health and improve its client's quality of life. The services they offer include nursing, physical therapy, occupational therapy, speech pathology, medical social and home health care.
Asking Price
$250,000
Cash flow
$681,940
Revenue
$1,082,086
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Posting: 278994 | Available | 2/10/23
The specialty of this company is helping healthcare providers operate at peak financial and staffing efficiency and maximize profitability. Nursing homes and skilled nursing facilities, be they niche rural or nationwide operations benefit from the expertise and insights of these experts.
Asking Price
$2,200,000
Cash flow
$14,485
Revenue
$43,291
Down
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Posting: 274462 | Available | 9/13/22
Our client is offering a next generation, patented medical device for the treatment of internal hemorrhoids. The procedure is painless, non-invasive, requires no anesthesia, is conducted in under 2 minutes, and can be performed in any medical setting: a doctor's office, a surgery center,
Asking Price
Call / Email
Cash flow
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Posting: 274341 | Available | 7/7/22
This Hospice is licensed to provide palliative and comfort care for terminally ill patients. They have a Certificate of Accreditation, California Department of Public Health provider numbers and National Provider Identifier (NPI) Number.
Asking Price
$240,000
Cash flow
$20,600
Revenue
$35,000
Down
$33,000
Posting: 252833 | Available | 10/13/20
Due to family situation, we have to relocate and have to give up our acupuncture practice in Rocklin CA. The business has been growing steadily in the last 3 years. We have been practicing in Rocklin for about 3 years and yearly income is approximately $35,000 - $25,000 in checks, insurance
Asking Price
$33,000
Cash flow
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Posting: 285062 | Available | 4/20/24
A hospice located in Dallas, Texas, is available for sale. This hospice has zero census and is Medicare and Medicaid certified. It covers Region 3 and has been licensed since 2017, surpassing the 36-month rule. The asking price for this opportunity is $350,000.
Asking Price
$350,000
Cash flow
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Posting: 285604 | Available | 4/22/24
For sale is a brand-new home health care agency located in Fresno, CA. We have an Accreditation Commission for Health Care (ACHC) home health agency. This home health care agency is fully licensed by California DPHS-Accredited by ACHC-Medicare Provider, and ready to bill.
Asking Price
$375,000
Cash flow
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Posting: 285867 | Available | 4/20/24
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
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Posting: 285418 | Available | 4/23/24
With a fully executed Triwest Contract, this is a mental health, PHP, IOP rehab center located in Los Angeles. Credentialed with most major insurance companies. It has a 2,500 sq ft. office, good for 35 clients in office. VA contract can support online clients as well as in person.
Asking Price
$650,000
Cash flow
N/A
Revenue
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Posting: 286166 | Available | 4/23/24
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
N/A
Revenue
N/A
Down
$139,000
Posting: 285773 | Available | 4/20/24
This hospice (first license only) is located in Long Beach, CA, away from the saturated valley. It is ready to call for the final survey, read for the 'ready letter'. It has an amazing office space with three private rooms and incredibly low rent! It has a secure office building complex.
Asking Price
$139,000
Cash flow
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Posting: 284047 | Available | 11/28/23
An outstanding opportunity is available with the sale of an established home health business in Burbank, California. Established in 2010, this business is ready to bill immediately, ACHC accredited, and covers a strategic area including LA, San Bernardino, and surrounding counties.
Asking Price
$210,000
Cash flow
Call/Email
Revenue
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Down
$650,000
Posting: 284147 | Available | 3/1/24
For sale is a retail & closed-door pharmacy with real estate. SBA loans are possible for the Acquisition of the Pharmacy Business and Real Estate for qualified buyers. It is semi-absentee currently and/or it can be an owner-operator opportunity for a CA-licensed pharmacist to own a condo unit.
Asking Price
$2,095,000
Cash flow
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Posting: 284368 | Available | 12/20/23
A hospice agency in Dallas, Texas, with an office in Fort Worth, is available for sale. This agency boasts a clean license and a PTAN (Provider Transaction Access Number) is expected within 90 days by December. It holds CHAP (Community Health Accreditation Partner) accreditation and covers Region 3.
Asking Price
$250,000
Cash flow
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Revenue
$100,000
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Posting: 279771 | Available | 11/2/23
This is perfect for newly licensed chiropractor or established one looking for a satellite office. This long-established chiropractor since 1992 is now ready to ride off into the sunset. The seller has slowed down on the practice as he has grown older. The prior year's sales were $250-275,000.
Asking Price
$60,000
Cash flow
$143,995
Revenue
$502,193
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Posting: 286092 | Available | 4/10/24
This is a fully operational business with nine clinicians, two support staff and two locations. Offering a wide variety of services, this business is perfect for a therapist committed to helping people and their community. Strong referral partners have translated to steady growth since the start.
Asking Price
$425,000
Cash flow
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Revenue
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$40,000
Posting: 285410 | Available | 2/28/24
Lowest price on the market! Our seller has an ACHC home health agency in a great area of Sherman Oaks. This agency comes to the marketplace with one owner and with no issues. The corporation was started in April of 2021 and it was licensed via ACHC in October of 2022.
Asking Price
$40,000
Cash flow
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Posting: 274598 | Available | 7/28/23
This is a home health agency for sale in the Sunland Park, New Mexico area. The company was established in 2012. There is no census or revenue guaranteed. The company is a Medicare provider number and only has the ability to bill Medicare. It is JCAHO accredited, and Medicare is accepted.
Asking Price
$175,000
Cash flow
$367,571
Revenue
$1,350,000
Down
$1,600,000
Posting: 277815 | Available | 4/11/24
This Northern California non-surgical hair replacement company is a California S Corporation and was started more than 23 years ago, and under current ownership since inception. They offer hair loss prevention and regrowth products and treatment services, wigs and toppers, and more.
Asking Price
$1,600,000
Cash flow
$160,000
Revenue
Call/Email
Down
$50,000
Posting: 285033 | Available | 3/14/24
If you are looking for an accredited home health agency ready to operate and commence with billing, we have a great opportunity to enter the market without having to wait for the time to start from scratch. Our agency is situated in Sherman Oaks (Los Angeles County).
Asking Price
$160,000
Cash flow
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Posting: 275791 | Available | 2/26/23
This Sherman Oaks area home-health care agency provides high-quality home-health care services to promote health and improve its client's quality of life. The services they offer include nursing, physical therapy, occupational therapy, speech pathology, medical social and home health care.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
$300,000
Down
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Posting: 280418 | Available | 3/11/24
This is a long-established elderly care home with a good income. Its location is accessible to 580 and close to Lake Chabot Regional Park and has a view of the hills. In addition to the property price of $1,200,000, the business is for sale for $175,000.
Asking Price
$1,150,000
Cash flow
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Posting: 282893 | Available | 4/15/24
Two successful & stunning 4-BR and 2.5-baths RCFE homes only $430k and $440k for Real Estate. Business is included, $100K each for RCFE Business. Buy 1 facility or buy both! For Principal Buyers only. Not cooperating with Brokers/Agents. Serious buyers only, no looky-loos, no low-ball offers.
Asking Price
$430,000
Cash flow
N/A
Revenue
N/A
Down
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Posting: 281878 | Available | 3/26/24
An excellent opportunity is available with the sale of a well-established Home Health Agency based in Bay City, Michigan. With Medicare, Medicaid, and private insurance acceptance, the agency caters to a broad patient base. ACHC accreditation ensures the highest quality of care.
Asking Price
$190,000
Cash flow
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Posting: 279965 | Available | 7/27/23
This is a profitable care home facility in Northern California with 36 beds, of which 12 are currently occupied. The facility does not come with any real estate. In 2022, the business generated a revenue of $724,000 and a net profit of $51,000. The asking price for the facility is $550,000.
Asking Price
$550,000
Cash flow
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Posting: 284072 | Available | 11/29/23
An exceptional opportunity is available with the sale of a home health agency in Woodland Hills, California. This agency is past the 36-month rule, making it available for immediate sale. Ready to bill, it holds certifications for both Medicare and Medicaid and is ACHC accredited.
Asking Price
$250,000
Cash flow
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Posting: 283213 | Available | 3/21/24
For sale is a brand new Home Health Agency located in the neighborhood of Van Nuys, Los Angeles County. The asking price is $159,000. It is Health Department licensed (CDPH License) and is ACHC accredited, The provider number (PTAN) is in hands and ready for billing! The tie-in notice is ready.
Asking Price
$159,000
Cash flow
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Posting: 284071 | Available | 2/12/24
An excellent opportunity presents itself with the sale of an established home health agency in Palm Springs, California. This agency is past the 36-month rule and operates with a current census of 5-10. It holds 100% Medicare and Medical certifications, with IEHP (Inland Empire Health Plan) pending.
Asking Price
$200,000
Cash flow
$142,144
Revenue
$510,819
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Posting: 283091 | Available | 9/28/23
This is an eye health center and optometric practice. This business is a full-service medical and family eye health center and optometric practice that handles routine eye care tests and services as well as medically based optometric conditions such as ocular disease, glaucoma, and diabetes.
Asking Price
$449,995
Cash flow
$114,592
Revenue
$518,120
Down
$252,394
Posting: 284922 | Available | 1/30/24
This business is a wellness home healthcare service providing medical and non-medical care to individuals in their homes. This sector has gained significance due to the growing aging population, increased prevalence of chronic diseases, and a desire for more personalized care.
Asking Price
$252,394
Cash flow
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Posting: 284381 | Available | 12/20/23
This hospice located in San Antonio, Texas available for acquisition. Has full state coverage, being Medicare certified and ready to bill immediately with 0 census. Holds CHAP accreditation, ensuring a high standard of care. No ADRs or audits, it covers all regions, including 256 counties.
Asking Price
$300,000
Cash flow
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Posting: 286003 | Available | 4/5/24
Newly established Colorado Springs Hospice. Newly acquired license, ACHC accreditation, PTAN in hand. Potential for partnership offers additional avenues for growth and expansion. Medicare certified and in the process of Medicaid enrollment. Covers all of Colorado. 36-month rule does not apply.
Asking Price
$310,000
Cash flow
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Posting: 267475 | Available | 3/30/24
For sale is a brand new hospice, accredited and certified with an active license and with a provider number. The agency is located in Los Angeles and is approved to service patients. The agency is ready to start accepting patients and start billing for the first time.
Asking Price
$225,000
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
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.
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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
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
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
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.
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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
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!
Demonstrating sufficient cash flow to cover a business acquisition loan is key to getting a lender's approval. But buyer must be knowledgeable. Support a business acquisition loan with the target company's cash flow. And know how to determine the actual cash flow amount. Peter Siegel, MBA explains.
When buying an Elderly Care Home what should potential buyers always ask the broker or owner before proceeding? Find out in this Discussion on BizBen. Items buyers of elderly care homes will want to know more about why the seller is moving on, average length of stay, placement fees paid, etc.
A business buyer asks about the viability and purchase of a home health care service and about the future of this industry - Peter Siegel, MBA takes on this question with other ProIntermediaries & Advisors on BizBen regarding the home health care industry and it's future for potential buyers.
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.
