Cash flow
$230,000
Revenue
$1,000,000
Down
$150,000
Posting: 284661 | Available | 2/17/24
This is a well-established, fully equipped, and turn key Italian restaurant for sale. This restaurant is well known for their recipes, real authentic Italian Pizza, pasta made with the freshest ingredients, and excellent customer service with amazing reviews.
Asking Price
$595,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284999 | Available | 2/5/24
Currently operating as an Italian restaurant, this popular chef is leaving behind a very desirable location and well-built out restaurant. The kitchen is immaculate with like-new equipment. The premise is approximately 2,350 SF. Monthly rent is $11,000/month with 10 years remaining on the lease.
Asking Price
$239,000
Cash flow
$188,000
Revenue
$1,050,000
Down
Call/Email
Posting: 283549 | Available | 1/23/24
Long-established pizzeria with beer & wine with strong sales of $100k a month and rent of $9300 including NNN. The space is 2400 sf and perfect for sports, family gatherings, and large groups. There are 12 beers on tap and menu offers pasta, sandwiches, appetizers, and more beyond pizza.
Asking Price
$495,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 284597 | Available | 1/10/24
For an asset sale is a Persian & pizza restaurant with a BW license. The owner has been there since 1985 and is ready to retire. It is located on a major street with lots of traffic. You can easily convert to another concept like Mexican cantina, Mongolian, Chinese, Thai, pho, catering, etc.
Asking Price
$325,000
Cash flow
$85,000
Revenue
$375,000
Down
Call/Email
Posting: 283898 | Available | 1/4/24
Are you ready to take the slice of success? An incredible opportunity awaits you at this well-established and thriving pizza business located in the heart of Glendale, CA. Serious inquiries only. Don't miss out on this opportunity to own a slice of the pizza business!
Asking Price
$169,000
Cash flow
$110,000
Revenue
$1,200,000
Down
Call/Email
Posting: 283304 | Available | 10/11/23
This is a fantastic opportunity to own a long-time, San Francisco staple! This super pizza and Italian restaurant with one-of-a-kind delicious pizza! The owner is a semi-absentee (2 shifts), the business is debt-free, and all equipment is owned outright with no leased items.
Asking Price
$195,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281491 | Available | 10/4/23
This is a beautiful Italian-style cafe and gelateria that features craft beers and wines on tap. The daily fare includes panini, soups, delectable salads, espresso, and an array of gelato. Guests dine in the open and casually elegant dining room, airy patio, or private nooks.
Asking Price
$199,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 283175 | Available | 10/4/23
Established restaurant for sale with over a decade in business and a 4.4-star rating in San Diego's top food destination - Little Italy! Fully fixtured with an upgraded patio. Incredible signage visibility on the highly trafficked thoroughfare and surrounded by renowned neighbors.
Asking Price
$2,395,000
Cash flow
$216,000
Revenue
Call/Email
Down
$1,000,000
Posting: 272207 | Available | 9/7/23
For sale is an Italian restaurant with property and rental income from Subway. The building was built in 2007 with a beer and wine license in Los Angeles county. The lot size is 6,350 sq ft. The store size is 1,700 sq ft. The other store is 1,367 sq. ft. (national franchise store, Subway).
Asking Price
$3,250,000
Cash flow
$168,000
Revenue
$400,000
Down
$100,000
Posting: 282296 | Available | 8/21/23
An SBA loan is possible for qualified buyers. This Italian restaurant in Orange County is open 5 days, 18 hours per week. It is closed Sun/Mon - closed. Tue-Sat business hours are 5 pm - 8:30 pm (open 3 hours 30 minutes per day) with a beer and wine license. The store size is 1,200 sq ft.
Asking Price
$275,000
Cash flow
$334,164
Revenue
$1,440,000
Down
Call/Email
Posting: 281551 | Available | 7/8/23
Established Pizzeria, $1.4+ Million Sales; $390,000 Profit; SBA Pre-Approved; $100,000 Down. This institutional pizzeria has been owned for decades and operated through two family generations and is extremely well known.
Asking Price
$995,000
Cash flow
$180,000
Revenue
$850,000
Down
All Cash
Posting: 281448 | Available | 6/29/23
For sale is a prime location in Pacific Palisades, a high-end restaurant with a full liquor license, and great free parking which you rarely get in this area. It is well-known for great food and great service since 1985. It has very short business operating hours and great income.
Asking Price
$380,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$75,000
Posting: 281373 | Available | 6/26/23
Pizza Restaurant in Shopping Center Near Big Box Retail Stores | Popular Pizza Varieties, sandwiches, Halal Food, and Gyros | No Franchise, No Royalties | Reasonable Rent | Ownership since 15 Years | Good Family Business.
Asking Price
$130,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call / Email
Posting: 280208 | Available | 4/14/23
Popular Restaurant located in a busy neighborhood commercial center with a mix of locally owned businesses and national chains. The restaurant currently operates as an Italian Restaurant; the Buyer could operate with the existing brand and cuisine or execute a new concept.
Asking Price
$125,000
Cash flow
$382,000
Revenue
$2,116,000
Down
Call / Email
Posting: 279925 | Available | 3/29/23
This is an upscale family-owned Italian restaurant and bar with a valuable liquor license and owned property for sale. It was established 56 years ago and has remained in the family ever since. Recently, it has been totally renovated to provide a unique and memorable experience for its customers.
Asking Price
$2,500,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$75,000
Posting: 281373 | Available | 6/26/23
Pizza Restaurant in Shopping Center Near Big Box Retail Stores | Popular Pizza Varieties, sandwiches, Halal Food, and Gyros | No Franchise, No Royalties | Reasonable Rent | Ownership since 15 Years | Good Family Business.
Asking Price
$130,000
Cash flow
$230,000
Revenue
$1,000,000
Down
$150,000
Posting: 284661 | Available | 2/17/24
This is a well-established, fully equipped, and turn key Italian restaurant for sale. This restaurant is well known for their recipes, real authentic Italian Pizza, pasta made with the freshest ingredients, and excellent customer service with amazing reviews.
Asking Price
$595,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 283175 | Available | 10/4/23
Established restaurant for sale with over a decade in business and a 4.4-star rating in San Diego's top food destination - Little Italy! Fully fixtured with an upgraded patio. Incredible signage visibility on the highly trafficked thoroughfare and surrounded by renowned neighbors.
Asking Price
$2,395,000
Cash flow
$85,000
Revenue
$375,000
Down
Call/Email
Posting: 283898 | Available | 1/4/24
Are you ready to take the slice of success? An incredible opportunity awaits you at this well-established and thriving pizza business located in the heart of Glendale, CA. Serious inquiries only. Don't miss out on this opportunity to own a slice of the pizza business!
Asking Price
$169,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 285837 | Available | 3/26/24
This restaurant is located in a community shopping center next to a supermarket. Rent is only $3,400/month. It is great for delivery or takeout. It is profitable as-is, also you can convert it to your own concept with an approval from he landlord.
Asking Price
$89,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 274138 | Available | 3/17/24
For sale is a pizza restaurant with a catering business. This business is in a great location in SF (SOMA District). Rent is percentage rent (6~8% of gross sale) and that includes water and PG&E. There are two types 1 hood and hoods are 4 feet long. The current monthly sale is about $80,000+.
Asking Price
$249,999
Cash flow
$382,000
Revenue
$2,116,000
Down
Call / Email
Posting: 279925 | Available | 3/29/23
This is an upscale family-owned Italian restaurant and bar with a valuable liquor license and owned property for sale. It was established 56 years ago and has remained in the family ever since. Recently, it has been totally renovated to provide a unique and memorable experience for its customers.
Asking Price
$2,500,000
Cash flow
Call/Email
Revenue
$1,500,000
Down
Call/Email
Posting: 284698 | Available | 4/1/24
For sale is an Italian restaurant with a type 47 liquor license in place. It has over 11k sq ft. of space ready for venue space and dine in. The location has two kitchens while only one of them is currently being used. The name has been established well over 20 years in the valley and is well-known.
Asking Price
$475,000
Cash flow
Call/Email
Revenue
$360,000
Down
Call/Email
Posting: 283823 | Available | 3/17/24
This is a 5-star review family-owned pizza and pasta joint for sale in Santa Maria of Santa Barbara county. It is located on the Central Coast in Santa Barbara County. Santa Maria is a beautiful vacation destination in the foothills of the Sierra Madres, minutes from pristine beaches, parks, etc.
Asking Price
$220,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285345 | Available | 2/24/24
Currently housing a mini Italian food & wine market,this business operates solely on Saturdays from 11am to 4pm, generating an average of $2,000 in sales each Saturday. The market predominantly offers prepackaged food, constituting 75% of its offerings, alongside 25% wine selections.Last Sat $4,928.
Asking Price
$60,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 276817 | Available | 4/3/24
Modena Pizza is now available for sale. They have an extensive menu that sells pizza, burgers, fries, salads, pasta, and more. The store has been in business for the last 12 years serving the community and loyal customers. It is now available for the right buyer to take over and continue.
Asking Price
$139,000
Cash flow
$188,000
Revenue
$1,050,000
Down
Call/Email
Posting: 283549 | Available | 1/23/24
Long-established pizzeria with beer & wine with strong sales of $100k a month and rent of $9300 including NNN. The space is 2400 sf and perfect for sports, family gatherings, and large groups. There are 12 beers on tap and menu offers pasta, sandwiches, appetizers, and more beyond pizza.
Asking Price
$495,000
Cash flow
$180,000
Revenue
$850,000
Down
All Cash
Posting: 281448 | Available | 6/29/23
For sale is a prime location in Pacific Palisades, a high-end restaurant with a full liquor license, and great free parking which you rarely get in this area. It is well-known for great food and great service since 1985. It has very short business operating hours and great income.
Asking Price
$380,000
Cash flow
Call/Email
Revenue
$128,000
Down
$30,000
Posting: 283689 | Available | 3/27/24
For sale is an Italian pizzeria & sandwich shop located in nice shopping center. Rent is $2,600/month, annual sales are $100,000. The owner has a job and works 40 hours/week. established in 1979. The shop is closed on Mondays and Tuesdays. It currently needs an owner-operator. 29K Down/Owner Carry.
Asking Price
$55,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281971 | Available | 3/2/24
It's an authentic Italian restaurant with full catering service. This family-run business includes a 41 beer and wine license as well as 58 catering. The owner is retiring but will stay on to train. This business serves the Italian Catholic church as well as many other local events.
Asking Price
$99,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284999 | Available | 2/5/24
Currently operating as an Italian restaurant, this popular chef is leaving behind a very desirable location and well-built out restaurant. The kitchen is immaculate with like-new equipment. The premise is approximately 2,350 SF. Monthly rent is $11,000/month with 10 years remaining on the lease.
Asking Price
$239,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281491 | Available | 10/4/23
This is a beautiful Italian-style cafe and gelateria that features craft beers and wines on tap. The daily fare includes panini, soups, delectable salads, espresso, and an array of gelato. Guests dine in the open and casually elegant dining room, airy patio, or private nooks.
Asking Price
$199,000
Cash flow
Call/Email
Revenue
$1,500,000
Down
Call/Email
Posting: 284132 | Available | 3/22/24
This very attractive Italian restaurant offers a striking interior and boasts 4,518 sq.ft. It is located in a charming foothill village area, in the San Gabriel Valley, surrounded by restaurants and shops. Which makes for a very walkable area and city center.
Asking Price
$325,000
Cash flow
$168,000
Revenue
$400,000
Down
$100,000
Posting: 282296 | Available | 8/21/23
An SBA loan is possible for qualified buyers. This Italian restaurant in Orange County is open 5 days, 18 hours per week. It is closed Sun/Mon - closed. Tue-Sat business hours are 5 pm - 8:30 pm (open 3 hours 30 minutes per day) with a beer and wine license. The store size is 1,200 sq ft.
Asking Price
$275,000
Cash flow
$216,000
Revenue
Call/Email
Down
$1,000,000
Posting: 272207 | Available | 9/7/23
For sale is an Italian restaurant with property and rental income from Subway. The building was built in 2007 with a beer and wine license in Los Angeles county. The lot size is 6,350 sq ft. The store size is 1,700 sq ft. The other store is 1,367 sq. ft. (national franchise store, Subway).
Asking Price
$3,250,000
Cash flow
N/A
Revenue
N/A
Down
Cash Only
Posting: 286053 | Available | 4/8/24
The establishment, which comprises 3,062 square feet with seating for 60 patrons, is currently closed. A new lease is available, commencing at $2 per square foot, NNN. It comes fully equipped and fixturized but requires significant tender loving care (TLC).
Asking Price
$199,000
Cash flow
Call/Email
Revenue
$1,192,080
Down
Call/Email
Posting: 285382 | Available | 4/15/24
This charming Italian restaurant & bar with a full liquor license is a beloved family-owned establishment and has been an integral part of Santa Barbara for over 25 years, creating a legacy of delectable cuisine and warm hospitality. It is nestled in the heart of Santa Barbara.
Asking Price
$450,000
Cash flow
$60,000
Revenue
$240,000
Down
Call/Email
Posting: 282955 | Available | 3/25/24
Are you ready to turn your passion for pizza into a lucrative business venture? Look no further! We're excited to present an exclusive opportunity to own a thriving pizzeria in an upscale area with incredible visibility.
Asking Price
$99,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$60,000
Posting: 284719 | Available | 4/9/24
This is a newly established restaurant in the vibrant South Bay area of Los Angeles County. Experience the unique opportunity to own a freshly constructed 1,196-square-foot restaurant specializing in pizza and pasta with house-made pasta.
Asking Price
$60,000
Cash flow
$334,164
Revenue
$1,440,000
Down
Call/Email
Posting: 281551 | Available | 7/8/23
Established Pizzeria, $1.4+ Million Sales; $390,000 Profit; SBA Pre-Approved; $100,000 Down. This institutional pizzeria has been owned for decades and operated through two family generations and is extremely well known.
Asking Price
$995,000
Cash flow
$169,766
Revenue
$769,645
Down
$150,000
Posting: 282090 | Available | 3/20/24
This is a long established Franchise Pizza Restaurant located in a BUSY San Francisco Area. They have many loyal dine-in customers in addition to their Corporate and School Caterings. They also serve Pasta, Salads, and Wings. Experienced Team in place. Franchise Training and Support available.
Asking Price
$150,000
Cash flow
$160,000
Revenue
$650,000
Down
Call/Email
Posting: 282169 | Available | 4/20/24
Established in 1977 is this Italian restaurant with a beautiful build-out, equipped with a full liquor license. It is well-known for great food, great service, great wine selection, and liquor. It is open for dinner only and open 6 days a week with very short business operating hours 4 pm to 9 pm.
Asking Price
$395,000
Cash flow
Call/Email
Revenue
NA
Down
Call/Email
Posting: 283641 | Available | 3/23/24
Located in a major shopping center in North San Diego City (92127) is an Italian cuisine restaurant with a full cocktail bar (type 47 license). It consists of 4,500 sf and seats 160 inside. 1,100 sf is covered and the heated patio seats 80, ideal for private parties and special events.
Asking Price
$155,000
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
For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
ServingNationwide - All Areas
I am the Founder Of BizBen.com. I consult daily with intermediaries, business buyers, owner/sellers & advisors daily about buying and selling California small to mid-sized businesses. Contact me today about joining & utilizing BizBen, consultations, & advisory services.
ServingNationwide - All Areas
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
I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a business evaluation & SWOT analysis for your business anywhere in the USA.
ServingNationwide
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
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.
Peter Siegel, MBA discusses buying pizza restaurant for sale tips and what to watch out for. Topics: Owner involvement in the business as pizzerias are most successful when the owner is onsite. Also discussed is the importance of location and reviewing all financial and tax information.
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.
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.
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.
