Status: Off The Market
Posting ID: 271648
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Asking Price
NOTE: This BizBen Posting #271648 Healthcare Hospice Service - New, Training in North Hollywood, Burbank is currently INACTIVE Today (Either: It's In Escrow, It's Sold, or Is Off The Market Temporarily) - Please See Today's ACTIVE Postings below that match this posting's attributes. For your convenience there are also helpful links below to assist you in your search to buy or sell a small to mid-sized business that matches your criteria. Thank you for using BizBen.com.
Attributes:
Cash flow
$205,962
Revenue
$557,659
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Posting: 277435 | Available | 2/13/24
For sale is a fully staffed, turn-key, highly reputable physical therapy practice that is ready to treat patients. For nearly 15 years, this South Bay physical therapy practice & wellness center has built strong relationships within the community. They treat patients of all ages.
Asking Price
$199,000
Cash flow
$1,144,000
Revenue
$2,989,000
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Posting: 276185 | Available | 9/8/22
Founded in 2011, the Company is a niche consulting and advisory firm serving in cell therapy, gene and gene-modified cell therapies, other regenerative medicines, tissue engineering, and cell-based drug discovery. The company's core focus is to improve cell & gene therapy innovations.
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Posting: 285522 | Available | 5/2/24
For sale is a hospice agency located in the San Fernando Valley Area, Los Angeles County. It is Health Department licensed (CDPH License). It was originally licensed in 2020 and it is Joint Commission Accredited.
Asking Price
$350,000
Cash flow
$206,950
Revenue
$569,260
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Posting: 281591 | Available | 1/20/24
This is a unique opportunity to acquire a physical therapy practice in South Bay! The practice offers orthopedic, balance therapy, adolescent orthopedics, geriatric care, and post-op care. The practice is on the first floor and has free, easily accessible parking, less than 10 feet away!
Asking Price
$330,000
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Posting: 286643 | Available | 5/20/24
For sale is an established and operational outpatient hospice care agency for sale located in Van Nuys/ North Hollywood, CA accredited by JACHO (Joint Commission) with triannual survey recently passed in May of 2024, so it is good for 3 years. Medicare/Medi-cal provider in good standing.
Asking Price
$600,000
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
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Revenue
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$180,000
Posting: 285054 | Available | 3/14/24
Are you ready to take the reigns of a ready to bill skilled home health agency in Pasadena, California (Los Angeles County)? Look no further! Situated in the heart of Pasadena, this well-established home health business enjoys proximity to renowned healthcare facilities and a vibrant community.
Asking Price
$180,000
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Revenue
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$50,000
Posting: 284876 | Available | 3/14/24
We have an excellent opportunity for you to get ahead of the curve by purchasing this existing business located in Tarzana in Los Angeles County. This business received its CDPH license and its NPI number in 2019. The business is NOT yet certified.
Asking Price
$50,000
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Posting: 278899 | Available | 3/14/24
We have a skilled home health agency that is licensed and accredited that is currently operational and billing with no billing issues. This agency is located in Burbank (Los Angeles County) having received its CDPH License in August 2019 and its ACHC accreditation on June 2020.
Asking Price
$235,000
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Posting: 284070 | Available | 5/10/24
Here's your chance to acquire a thriving Home Health Agency in Los Angeles, California. With impressive revenue figures, full Medicare census, prestigious contracts, and accreditation, this agency is primed for success.
Asking Price
$1,800,000
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
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Posting: 286546 | Available | 5/21/24
For sale is a home health care agency in Glendale, Los Angeles County, California that is ready to operate.
Asking Price
$175,000
Cash flow
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Revenue
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$45,000
Posting: 284732 | Available | 3/14/24
We have a licensed home health agency ready to be taken through the accreditation phase of the home health process. The seller recently opted to reduce the price. The agency is located in North Hollywood (LA County) with the initial licensing date being June of 2023.
Asking Price
$45,000
Cash flow
N/A
Revenue
N/A
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Posting: 286166 | Available | 5/23/24
A brand new home health agency is available for sale. The sale includes the initial state license approved by CDPH. The license is fully transferable and is approved for the following counties: LA, Orange, San Bernardino, Ventura, Riverside, and San Diego.
Asking Price
$60,000
Cash flow
N/A
Revenue
N/A
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Posting: 281810 | Available | 1/2/24
If you're looking to enter the thriving home health industry in California, this is a rare opportunity to acquire an established Home Health Agency operating since 2003, with Medicare and Medicaid certification.
Asking Price
$300,000
Cash flow
N/A
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N/A
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Posting: 284350 | Available | 4/26/24
We have an Accreditation Commission for Health Care (ACHC) home health agency ready to bill. This home health care agency is fully licensed by California DPHS-Accredited by ACHC-Medicare Provider, which is in place with a tie-in notice. They can serve 6 counties.
Asking Price
$275,000
Cash flow
$192,000
Revenue
$635,000
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Posting: 285953 | Available | 4/2/24
Established almost 30 years ago, this gynecology medical office is a leader in women's reproductive health, offering specialized care in Integrative & Functional Medicine. With a stellar reputation, it offers a perfect opportunity for a CA-licensed obstetrician/gynecologist.
Asking Price
$350,000
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$200,000
Posting: 284917 | Available | 5/17/24
For sale is a 30-year-old laboratory, in very large facility (9,000 SF) and with volume for over 1,000 requisitions per day. In network with BC/BS. The laboratory possess the FDA approved exclusive female health testing with big potential. MD $1,500/month.
Asking Price
$250,000
Cash flow
$902,896
Revenue
$2,648,435
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$1,500,000
Posting: 279463 | Available | 3/2/23
This Claremont area ambulatory surgical center and multi-specialty cosmetic practice is housed in an extraordinarily attractive location. The facility boasts a large reception area, 2 operating rooms, a 4-bay recovery room, 8 exam rooms, 3 offices, a large storage loft, 3 restrooms & shower.
Asking Price
$1,500,000
Cash flow
N/A
Revenue
N/A
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$159,000
Posting: 279586 | Available | 5/17/24
Home Health Care Agency-Brand New-Never Operated-Fully Licensed By CDPHS-Accredited By ACHC-Medicare Provider In Place-Ready To Bill -Licensed To Do Business In 5 different counties (LA-Orange-Ventura-Sun Bernardino-Riverside)-Relocatable.
Asking Price
$159,000
Cash flow
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$50,000
Posting: 285037 | Available | 3/14/24
If you are looking for a licensed home health agency located in Los Angeles County, we have a great deal for you. This agency is ready for the accrediting organization certification with the incoming buyer not needing to delay their time with licensing process.
Asking Price
$50,000
Cash flow
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Revenue
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$349,000
Posting: 286626 | Available | 5/19/24
This surgical center is for sale. It was established in 2023 at a 2,400 sq ft. surgery center located in a huge shopping center in a great area. This cosmetic surgery place can be converted to an urgent care or pain management center.
Asking Price
$349,000
Cash flow
$768,874
Revenue
$3,132,085
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Posting: 286370 | Available | 5/2/24
This medical practice was established over 40 years ago and has been at the current location for over five years. Specializing in Interventional Cardiology, the clinic has provided services for local hospitals and other practices for many years.
Asking Price
$1,600,000
Cash flow
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Posting: 286660 | Available | 5/21/24
For sale is a rare opportunity to open an Adult Day Health Care Center/ CBAS in city of Glendale, CA. It is an approved pre-screening application with department of Aging which allows to open an ADHC/CBAS in Glendale, CA.
Asking Price
$40,000
Cash flow
$2,673,000
Revenue
$11,079,000
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Posting: 286694 | Available | 5/22/24
The Company is in search of an opportunity to sell to an organization that has the ability to fully commercialize its revolutionary FDA Cleared and CE Marked and patented, single use needle biopsy closure device. The device efficiently seals biopsy channels, enhancing safety for high-risk patients.
Asking Price
$25,000,000
Cash flow
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Revenue
$300,000
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Posting: 286056 | Available | 4/9/24
For sale is an outpatient surgical center near Koreatown In Los Angeles, California fully accredited by the Joint Commission. There is no Medicare. Rent is only $6,490 per month. One operating room is fully equipped and there is one recovery room for 2 patients to recover at the same time.
Asking Price
$94,900
Cash flow
$320,509
Revenue
$919,360
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Posting: 259183 | Available | 5/9/24
For sale is a medical spa & family practice. The doctor is retiring. $200,000 in equipment & furniture is included. It is a 3,000 sq. ft two-story stand-alone medical building. It is SBA-approved. Full training is provided.
Asking Price
$599,900
Cash flow
N/A
Revenue
N/A
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Posting: 279595 | Available | 3/14/24
We have an Accreditation Commission for Health Care (ACHC) home health agency ready to bill. The agency was begun in December 2018 and it received its initial CDPH (California Department of Public Health) license in August 2019.
Asking Price
$220,000
Cash flow
$135,000
Revenue
$200,000
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Posting: 285880 | Available | 4/27/24
Absentee-run, Nets 8-bay, self-service carwash with land. Nets $135K Seller + GOOD BOOKS. Motivated Seller, just make an offer! All upgraded equipment and building. It is more than half-acre prime property to an adjacent shopping center. Bonus high net income to owner-operator.
Asking Price
$1,999,000
Cash flow
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Revenue
$1,100,000
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$1,050,000
Posting: 282764 | Available | 2/8/24
This is a full-service hand car washing and detailing business at a major street location with big property and a long-term lease. There is lots of potential for an experienced operator. The owners want to retire. The location will not be provided over the phone or email.
Asking Price
$2,100,000
Cash flow
$168,000
Revenue
$600,000
Down
$175,000
Posting: 285284 | Available | 5/20/24
This well-established auto repair shop, located in the heart of Orange County, offers a remarkable opportunity for prospective buyers. Featuring 3 spacious bays and 2 advanced hoists, this facility is well-equipped to service both domestic and imported vehicles with high efficiency and expertise.
Asking Price
$175,000
Cash flow
$220,000
Revenue
$935,000
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Posting: 286195 | Available | 4/19/24
Built on a foundation of loyal clientele, the business excels in delivering swift and competitive repairs. Its strategic location within an automotive commerce hub has facilitated an impressive 15% growth over the past year. The business offers a comprehensive range of repair services, from routine.
Asking Price
$525,000
Cash flow
$1,300,000
Revenue
$18,000,000
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Posting: 283590 | Available | 5/10/24
This dealership offers the finest pre-owned luxury automobiles. The dealership has been in the current location since 2005 and over 30 years in the business. The vehicles are the finest quality yet most reasonably priced. They are for successful individuals with a taste for the finer things.
Asking Price
$2,900,000
Cash flow
$176,729
Revenue
$534,550
Down
$225,000
Posting: 255665 | Available | 11/4/23
For sale is a 15-year-old window tinting company. Their sales are 30% commercial and residential buildings, 60% automobile, and 10% walk-in customers. For over 10 years they've had loyal car dealers' accounts. 7-10 car dealers are from Toyota, Audi, Porsche, Honda, Bentley, Cadillac, and more.
Asking Price
$449,000
Cash flow
$266,399
Revenue
$931,450
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Posting: 281666 | Available | 2/9/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$825,000
Cash flow
$180,000
Revenue
$540,000
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Posting: 280169 | Available | 6/27/23
For sale is an auto repair and maintenance with free drop-off/pick-up services. Why pay more? We beat any written estimates by 10% or more. They do tune-up specials, brakes, transmission services, oil changes, and filters. They do fully synthetic oil change specials.
Asking Price
$160,000
Cash flow
N/A
Revenue
$8,500,000
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Posting: 285793 | Available | 4/30/24
This is a branded gas station & very busy convenience store in prime coastal Orange County. Located near the world famous Dana Point Harbor and Doheny Beach. 52,000 cars per day on Pacific Coast Highway & 1 million annual visitors to the resort area.
Asking Price
$2,750,000
Cash flow
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Posting: 275650 | Available | 12/26/23
For sale is an established express wash, very well known to the neighborhood on a 40,000+ sqft lot. It has a long 130 ft. tunnel with 16 extra wide vacuum bays. There are two pay stations. It has very high sales. Owner has another express wash for sale in Riverside that can be purchased together.
Asking Price
$10,995,000
Cash flow
$233,125
Revenue
$1,223,770
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Posting: 286611 | Available | 5/16/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each business, which is comprised of multiple routes, comes with (1) truck and (1) experienced driver already in place for each route.
Asking Price
$700,000
Cash flow
$84,600
Revenue
$530,000
Down
$88,841
Posting: 264820 | Available | 3/3/23
This 44-year-old custom upholstery and furniture repair complete all work in-house. All furniture and fabric remain in a secure, smoke-free environment. The customer can design his/her own piece or get a custom piece created from a picture found in a magazine. The seller will carry $51,058 & train.
Asking Price
$139,899
Cash flow
$500,000
Revenue
$3,000,000
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Posting: 284976 | Available | 2/3/24
This is an auto body shop for sale! Established for an impressive 48 years in a prime location, the current owner has successfully managed this business for the past 7 years. This semi-absentee operation boasts a spacious 1.1-acre lot with a total of 49,764 square feet.
Asking Price
$1,500,000
Cash flow
$147,000
Revenue
$486,760
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Posting: 285769 | Available | 3/21/24
This is a full-service sign company located in North Orange County. Established in 1996, they specialize in meeting the needs of homebuilders. Since then they have expanded and assist industrial and commercial clients, residential property management companies
Asking Price
$399,000
Cash flow
$620,547
Revenue
$2,478,731
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Posting: 284404 | Available | 2/10/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,900,000
Cash flow
$164,000
Revenue
$693,511
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Posting: 280853 | Available | 5/3/24
This is an established auto repair in South Orange County located next to the 5 Freeway. They have a great customer base with 5-star Google and Yelp ratings. They have a long history of profitability.
Asking Price
$299,000
Cash flow
$225,000
Revenue
$1,000,000
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Posting: 271615 | Available | 12/11/23
For sale is this SBA qualified established drywall & painting contractor with 12 employees & an excellent reputation with great reviews online. This business is home-based in Central Orange County and is relocatable. The owner does the estimating and the bookkeeping, and has workers to do the jobs.
Asking Price
$400,000
Cash flow
$270,000
Revenue
$460,000
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Posting: 282359 | Available | 4/24/24
Steeped in history since 1994, this prominent South Orange County establishment stands as a beacon of excellence in the domain of cylinder head remanufacturing. With over two decades in the field, they've mastered the art of restoring cylinder heads to their original specifications.
Asking Price
$300,000
Cash flow
$250,000
Revenue
$750,000
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All Cash
Posting: 286378 | Available | 5/2/24
This trucking company has been in operation for 25 years, with 30 trucks. In the past five years, it shifted to a smaller business model in preparation for retirement. Currently, it operates with a single truck driven by the owner and reports a net income of $250,000 per year on tax returns.
Asking Price
$125,000
Cash flow
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Revenue
$2,400,000
Down
$2,500,000
Posting: 284499 | Available | 3/19/24
For sale is an established flex car wash, very well known to the neighborhood on a 1.2 acre lot. It is located on a very busy street with excellent visibility. It is absentee run. Business only.
Asking Price
$4,000,000
Cash flow
$264,000
Revenue
$625,000
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Posting: 281288 | Available | 6/20/23
This is a rare opportunity to purchase two well-established and reputable automotive repair businesses, each known for their exceptional workmanship, personalized service, and expertise.
Asking Price
$580,000
Cash flow
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Revenue
$534,000
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Posting: 283489 | Available | 4/3/24
The current owner is operating a full car wash business located by the roadside, making it highly visible and benefiting from affordable rent costs. For someone considering an express car wash, this business could be an ideal choice. You can start a new express car wash.
Asking Price
$550,000
Cash flow
$146,420
Revenue
$398,171
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Posting: 285626 | Available | 3/12/24
For sale is a seventeen-year-old business with a long consistent history of profitability. It has an excellent reputation in the community with 5-star Yelp and Google ratings. This is a great opportunity for growth if the new owner does more marketing.
Asking Price
$359,000
Cash flow
$500,000
Revenue
$3,100,000
Down
$2,000,000
Posting: 284182 | Available | 1/26/24
This auto collision repair body shop (including real property/estate) has been established for 40 years and the current owner has been there for 7 years at the location. It is a free-standing building. The lot size is 49,764 sq ft, and the building size is 7,320 sq ft. Pro-auto body shop-approved.
Asking Price
$5,500,000
Cash flow
$101,200
Revenue
$260,000
Down
$169,000
Posting: 277241 | Available | 4/16/24
For sale is a well-established auto repair shop with a history spanning 31 years, prominently located on a major high-traffic boulevard in an auto center building. The shop benefits from its 2,800 square-foot unit that offers excellent visibility, easy access, and ample parking.
Asking Price
$169,000
Cash flow
$344,067
Revenue
$1,408,879
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Posting: 284831 | Available | 4/10/24
Immerse yourself in a lucrative opportunity to acquire a leading expert in playground safety, offering a spectrum of services from initial audits to periodic inspections, maintenance, and repair. This business understands the crucial reality that there are no completely safe playgrounds.
Asking Price
$1,500,000
Cash flow
$128,052
Revenue
$225,203
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Posting: 284648 | Available | 1/12/24
The opportunity presented is with a company that specializes in water treatment solutions for both residential and commercial customers. They offer an array of products and services, including reverse osmosis systems and water softeners, aimed at enhancing water quality and safety.
Asking Price
$326,000
Cash flow
$261,294
Revenue
$960,801
Down
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Posting: 278775 | Available | 10/17/23
Well-established and highly profitable FedEx Linehaul routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$900,000
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
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
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Due to the current state of the credit markets and bank financing, seller financing when selling a California small business is more important then ever in a business sale. Lee Petsas, Southern California business broker walks us through the nuances of owner carry notes - seller financing.
A properly prepared purchase agreement is of foremost importance in any business purchase. Lee Petsas, a Southern California business broker defines what should be in a purchase agreement when buying a business.
Choosing a business broker to sell your business can be crucial to the success of it selling. A broker who you have an exclusive listing agreement with, which I recommend vs. open listing, will essentially be your partner during the listing term in getting your business sold. Joe Ranieri explains.
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.
First, we must define, who are the Millennials? The exact years are up for debate, but Millennials were born during approximately between 1981-1986, which today would be between 22 and 37 years of age. Joe Ranieri looks at what these buyers are looking for and what qualities they seek in businesses.
Some entrepreneurs believe it's better to start a business from scratch rather than buy an existing enterprise. While this may be good advice in some cases, usually it's not the best strategy. Here are five tips to help a buyer make the right decision from Peter Siegel, MBA On BizBen.
Buying a gas station can be a profitable business. From my experience, here are the pros & cons of buying a gas station that I share with BizBen ProBuy Buyers when they come to me to to get pre-qualified for financing to buy a gas station (with or without real estate). I discuss all these factors.
How much money should you expect to make when buying an automatic car wash? Peter Siegel, MBA (BizBen ProBuy Program Director and Business Purchase Financing Expert) explains with other brokers, intermediaries, and advisors info on this topic.
This is a hard question to answer specifically without any knowledge of the business. What kind of car wash it is (auto, self-serve, or full service)?, How many bays does the car wash have? Is there any other streams of revenue? We discuss this topic regarding car washes on this BizBen Discussion.
Before purchasing a car wash (quick serve or full serve) you must understand that the industry as a whole will provide you with plenty of competition. More importantly, depending on what your interests are, you will identify what type of car wash you want. We discuss this all in this Discussion.
Doing due diligence when buying any type of business is extremely important. Regardless of what type of business you are buying there are certain things you will always look at such as, financials, equipment, legal issues etc. We take a look at several angles for optimal gas station due diligence.
For those who don't know, a non-compete agreement is a contract between a buyer and seller of a business, which after the sale, prohibits the seller from engaging in direct competition with the business they previously sold. Joe Ranieri (Business Broker) adds this topic to a BizBen Discussion Post.
In our BizBen.com June 2021 Monthly Report the top ProIntermediaries and ProAdvisors on BizBen offer their thoughts about the current status of the business for sale marketplace with trends and predictions for Business Buyers, Owner/Sellers, Business Brokers, Agents, Advisors in the near future.
Can a seller of a small business back out of an ongoing escrow? Probably, yes, it all depends how far along the escrow is, which will dictate how messy things will get for both owner & buyer. Joe Ranieri (Southern California Business Broker) gives his feedback with others on this BizBen Discussion.
Sometimes business brokers just can't win with their clients, because if an offer comes in too fast & too early then they must have lowballed the price & the seller is suspicious, and if not enough offers come in after putting the business on the market - they may look unproductive to their clients.
Changing hands of business ownership can seem both exciting and daunting to all parties involved, but it's important that a smooth transition occurs to maintain or achieve success of the business. Here are some tips I recommend ensuring things go smoothly when buying a California small business.
As the year winds down, it's tempting for business brokers to go through their old files and throw them out to make room for new client's folders, but that would be foolish. Joe Ranieri (Orange County Business broker) discusses strategies for saving files - a key annual strategy for brokers/agents.
Should small business owners/sellers or brokers/agents give potential buyers direct access to past company tax returns and financials (profit & loss statements) either before or pre the due diligence process? Multiple ProIntermediaries and ProAdvisors discuss this topic on this BizBen Discussion.
Every business broker knows that a listing taken is not a listing sold, in fact the ratio of listed vs. sold could be discouraging if you really thought about it. Joe Ranieri (Orange County Business Broker) discusses what you should do if you finally have to close the doors and call it quits.
50% of all California small business for sale transactions fail to complete. Why do businesses for sale fall out of escrow? Joel Miller (a senior care business specialist) discusses his 5 top reason why businesses fall out escrow along with other brokers, advisors on this BizBen Discussion.
When seeking SBA loan financing many potential business buyers have wrong information about the process of securing the best financing to buy a business. Peter Siegel, MBA a business purchase financing expert delves into the myths regarding SBA financing and business purchase financing.
We're hearing more and more about "crowd funding" through sites like gofundme and kickstarter as a possible way to raise the cash needed to buy a small business. This method of collecting funds has proven successful in other kinds of situations. Could this strategy work when buying a small business?
We all understand the idea of paying too much for a small business. But is there such a thing as not paying enough? That seems like an odd notion, but I'm familiar with situations in which a buyer acquired a small business for a figure substantially under what probably was market value.
What are some ways a broker can prevent a buyer and seller from doing a deal behind their back and what to do about it if it happens? Joe Ranieri (Orange County Business Broker) discusses ways a business broker or agent can protect themselves from buyers and sellers trying to circumvent them.
A huge part of any exit strategy is properly planning for that moment in time when employees find out the business is for sale or, preferably, has been sold. Your workers have been kept in the dark for as long as possible. Some won't be a bit surprised. Others may be devastated.
Buying a small business is hard enough when there is no competition, so how might a buyer navigate the process when there is additional competition from other buyers? Peter Siegel, MBA (BizBen ProBuy Program) and others explain a few of the ways that a buyer can beat out other buyers.
When purchasing a small to mid-szied business, there are a multitude of things to evaluate. One area that is often overlooked is the business's culture. Peter Siegel, MBA with BizBen discusses with potential buyers the importance of understanding how the business runs on a day-to-day basis.
Negotiating the terms of a business deal is a delicate process, where one wrong move can cost you the business that you wanted to purchase. Peter Siegel, MBA (BizBen ProBuy Program) discusses the ins and outs of negotiations, and how to work well with the seller to get a deal done.
What qualities should you look for in a escrow and bulk sale service when buying/selling a business? I often get asked this question by other brokers and business sellers. See what I tell others and what other BizBen Advisors have to say on this topic in this Discussion.
What are the Pros & Cons of selling a business yourself? I get asked this question all the time and would like to share with other Intermediaries on BizBen all the angles of business owners taking the initiative and selling their own business.
Buying a business with a partner/partners, family members can make one think twice about ever doing it twice! However in this BizBen Discussion Post I chat with others about identifying roles, defining goals, attorney visits, and other relating issues.
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!
