Status: Off The Market
Posting ID: 254818
Call / Email
Asking Price
NOTE: This BizBen Posting #254818 Pool Cleaning Service in Lake Elsinore 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
$297,904
Revenue
$1,231,756
Down
Call/Email
Posting: 284164 | Available | 4/30/24
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
$1,150,000
Cash flow
Call/Email
Revenue
$104,000
Down
Call/Email
Posting: 277432 | Available | 2/27/24
For sale is one of the few essential businesses. It is a top pool service route with 50 top accounts. It is open 4 days a week with room for expansion. There is a $6,320 monthly recurring billing, plus repairs and maintenance income. No experience is necessary. Excellent training and backup.
Asking Price
$84,000
Cash flow
$233,504
Revenue
$817,600
Down
Call/Email
Posting: 285621 | Available | 3/12/24
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
$700,000
Cash flow
Call/Email
Revenue
$229,040
Down
Call/Email
Posting: 284238 | Available | 12/9/23
This is for purchasing 83 established residential pool service top accounts in Indian Wells (Palm Desert), CA. Top accounts are all located in the same exclusive gold course. An existing full-time pool service tech is available. They do $16,320 recurring monthly, plus related filter cleans/repairs.
Asking Price
$228,480
Cash flow
$212,159
Revenue
$848,384
Down
Call/Email
Posting: 286377 | Available | 5/2/24
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
$800,000
Cash flow
$841,620
Revenue
$3,004,388
Down
Call/Email
Posting: 286603 | 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
$2,550,000
Cash flow
$214,642
Revenue
$755,052
Down
Call/Email
Posting: 283975 | Available | 3/14/24
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
$600,000
Cash flow
$159,925
Revenue
$596,205
Down
Call/Email
Posting: 283458 | 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. The business has seen double-digit organic growth since its inception.
Asking Price
$450,000
Cash flow
$631,374
Revenue
$2,206,144
Down
Call/Email
Posting: 283806 | Available | 4/25/24
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
$1,600,000
Cash flow
$360,189
Revenue
$1,257,574
Down
Call/Email
Posting: 285672 | Available | 3/15/24
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
$1,000,000
Cash flow
$1,155,771
Revenue
$6,279,430
Down
Call/Email
Posting: 286148 | Available | 4/16/24
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
$800,000
Cash flow
$202,549
Revenue
$746,432
Down
Call/Email
Posting: 285474 | Available | 3/3/24
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
$600,000
Cash flow
$382,462
Revenue
$1,297,272
Down
Call/Email
Posting: 284798 | Available | 3/14/24
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
$1,075,000
Cash flow
$848,124
Revenue
$3,032,930
Down
Call/Email
Posting: 284000 | Available | 1/20/24
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
$3,000,000
Cash flow
$266,700
Revenue
$938,052
Down
Call/Email
Posting: 284038 | Available | 4/25/24
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
$675,000
Cash flow
$476,400
Revenue
$1,633,950
Down
Call/Email
Posting: 280926 | 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
$1,650,000
Cash flow
$645,389
Revenue
$2,489,986
Down
Call/Email
Posting: 284528 | Available | 1/6/24
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
$1,850,000
Cash flow
$630,815
Revenue
$2,211,596
Down
Call/Email
Posting: 283103 | 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. Business has seen double digit organic growth since inception.
Asking Price
$2,200,000
Cash flow
$249,089
Revenue
$825,525
Down
Call/Email
Posting: 278526 | Available | 2/2/24
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
$800,000
Cash flow
$314,442
Revenue
$1,251,118
Down
Call/Email
Posting: 279054 | Available | 2/8/24
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
$1,400,000
Cash flow
$210,821
Revenue
$787,255
Down
Call/Email
Posting: 280587 | Available | 7/20/23
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
$600,000
Cash flow
$214,965
Revenue
$708,144
Down
Call/Email
Posting: 285807 | Available | 3/23/24
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
$675,000
Cash flow
$560,330
Revenue
$2,032,721
Down
Call/Email
Posting: 284653 | Available | 2/15/24
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
$1,850,000
Cash flow
$404,710
Revenue
$1,471,223
Down
Call/Email
Posting: 286483 | Available | 5/8/24
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
$1,125,000
Cash flow
$558,566
Revenue
$1,960,238
Down
Call/Email
Posting: 285705 | Available | 3/19/24
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
$1,650,000
Cash flow
$944,036
Revenue
$6,040,521
Down
Call/Email
Posting: 286257 | Available | 4/25/24
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
$2,900,000
Cash flow
$115,765
Revenue
$453,410
Down
Call/Email
Posting: 279398 | Available | 3/12/24
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. The business has seen double-digit organic growth since its inception.
Asking Price
$525,000
Cash flow
$711,363
Revenue
$2,552,002
Down
Call/Email
Posting: 285622 | Available | 3/12/24
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
$2,450,000
Cash flow
Call/Email
Revenue
$960,000
Down
Call/Email
Posting: 286537 | Available | 5/19/24
A rare opportunity exists to own a well-established liquor store with gas, operating on a large commercial-zoned real estate lot with short operating hours. The monthly rent from two rental properties amounts to $6,250.
Asking Price
$2,600,000
Cash flow
$74,842
Revenue
$142,544
Down
$125,000
Posting: 280801 | Available | 5/15/24
This female athleisure-activewear brand focuses on functional fitness clothing that celebrates each of its client's unique features. The brand delivers eco-responsible luxury and comfort designed for everything from high-powered workouts to afternoon dog walks and errands (and in between!).
Asking Price
$125,000
Cash flow
$200,524
Revenue
$1,314,394
Down
$285,000
Posting: 285041 | Available | 5/16/24
This greater Silverlake/Glendale area market combines a carefully curated assortment of natural and organic wines, beers, spirits and beverages, food, merchandise and home goods with organic produce, breads and specialty provisions sourced locally to ensure freshness.
Asking Price
$285,000
Cash flow
Call/Email
Revenue
$4,500,000
Down
Call/Email
Posting: 285309 | Available | 5/15/24
Situated at a prime corner spot on a bustling main block in Los Angeles, this establishment resonates with rich global influences, creating a unique and inviting atmosphere. Boasting adaptable space accommodating up to 140 guests, the venue features timeless design elements.
Asking Price
$825,000
Cash flow
$175,000
Revenue
$525,000
Down
$300,000
Posting: 276123 | Available | 5/17/24
Must see a 100% wet cleaning plant located in West Hills near high-income Woodland Hills, Calabasas, and Bell Canyon. This is an 11 year-old, 1,200 sq. ft. plant, including shirt laundry. Most of the equipment is newer. No chemicals -- environmentally safe -- all work done in-house.
Asking Price
$500,000
Cash flow
$36,000
Revenue
$379,212
Down
Call/Email
Posting: 283070 | Available | 9/27/23
This is a tremendous opportunity for someone with a creative/artistic side who wants to own and operate their own business. This specific shop has been in business for over 20 years and is always busy.
Asking Price
$250,000
Cash flow
$285,943
Revenue
$1,339,460
Down
Call/Email
Posting: 277803 | Available | 4/1/24
This is a 100% rare opportunity to acquire a legacy business selling one-of-a-kind, pre-owned watches! This profitable business has many repeat customer, is completely turn-key and has an excellent reputation. The Business is fully staffed with experienced and knowledgeable employees.
Asking Price
$735,000
Cash flow
$240,000
Revenue
$1,000,000
Down
Call/Email
Posting: 285183 | Available | 4/15/24
Located in a predominantly Latino neighborhood characterized by high foot traffic, this store boasts a substantial volume of business. With a remarkably low monthly rent of $2,800, the opportunity for profit is substantial. The potential to accept EBT could further increase revenue streams.
Asking Price
810,000 (Reduced)
Cash flow
$60,000
Revenue
$900,000
Down
Call/Email
Posting: 280983 | Available | 2/26/24
For sale is a retail flower shop franchise that has been well-established since 1982. It has high gross, high visibility, and is at a prime signalized corner location, a freestanding building with reasonable rent. The gross is nearly $900,000. It is a great opportunity for a florist.
Asking Price
$195,000
Cash flow
$550,000
Revenue
Call / Email
Down
$1,500,000
Posting: 272845 | Available | 4/3/22
Professionally designed beautiful laundry with high end brand washer and dryer, upside income potential. High ceiling and all amenities with loyal customers. Inquire only with buyer's financial statement. One of the high volume laundry and high income and professionally designed beautiful laundry.
Asking Price
$5,490,000
Cash flow
Call/Email
Revenue
$2,100,000
Down
$400,000
Posting: 285426 | Available | 5/3/24
For sale is a Hispanic market with beer and wine in Los Angeles County, California. The seller is willing to carry a note with $400,000 as down payment carry the rest over 2 years @ 8% per year. The buyer can do up to 3 weeks of in-store observations to verify sales and income.
Asking Price
$575,000
Cash flow
Call / Email
Revenue
$265,000
Down
Call / Email
Posting: 277121 | Available | 1/24/23
This is an excellent opportunity to own a flower shop in San Gabriel Valley. Training and support will be provided to the buyer. Owner financing is also possible as well. The annual gross sales were $265,000 and the asking price is $120,000.
Asking Price
$120,000
Cash flow
$92,000
Revenue
$145,000
Down
Call/Email
Posting: 267946 | Available | 6/27/23
This is an excellent mom-and-pop business for beginners and first-time business owners. It is easy to run and the seller will train. If it is run by the owner, the yearly net profit will be over $90,000. The net will be reduced depending on the hours that are run by employees.
Asking Price
$250,000
Cash flow
$300,000
Revenue
$1,260,000
Down
Call/Email
Posting: 280289 | Available | 4/20/23
Liquor Store with the Property near LAX. The asking Price is $2,100,000. Gross Sales $1,260,000 / yr. Net Profit $300,000 / yr. Property Lot size: 9,085 sq ft. Parking Space: 15. Potential if adding EBT.
Asking Price
$2,100,000
Cash flow
$200,000
Revenue
$1,400,000
Down
Cash Only
Posting: 237403 | Available | 5/18/24
This is an absentee owner operation with high volume and high net profit. It consists of Middle Eastern/Indian grocery items, a meat department, a bakery, and a restaurant serving Afghan food, or you can use any other food. This is around a central East Bay location so it is close to 880-680 area.
Asking Price
$400,000
Cash flow
$54,718
Revenue
$633,753
Down
$54,718
Posting: 284333 | Available | 12/17/23
This auto repair shop in the Diamond Bar has an outstanding location on a very busy street. There is plenty of parking and room for vehicles. The profitable shop stays busy based on its great location and well-established customer base. There are 6 bays, 5 lifts, and 1 alignment rack.
Asking Price
$89,850
Cash flow
$60,000
Revenue
$110,000
Down
$110,000
Posting: 285538 | Available | 4/9/24
For sale is a premier bottled water store, featuring highly sought-after Alkaline Water, situated in a bustling and attractive strip mall. This establishment not only boasts a prime location but also presents immediate growth potential with the opportunity to extend business hours and include Sunday
Asking Price
$110,000
Cash flow
$100,000
Revenue
$450,000
Down
$220,000
Posting: 278450 | Available | 8/29/23
This is a low-rent, long-term leased liquor store in La Habra for sale. The store size is 1,700 sq ft. The monthly rent is a total of $3,100 per month ($2,250+$850(NNN)). The business hours are 9 am-10 pm. It has been run for 7 years by the same owner and has more than 30 years of business history.
Asking Price
$220,000
Cash flow
$250,000
Revenue
$690,000
Down
$50
Posting: 285519 | Available | 5/2/24
For sale is a market in Pasadena that does not sell any alcohol. It is easy to handle the store and is ideal for a husband/wife duo. The store has a high margin (almost 50%), low rent, and short business hours. It is located in a very busy area in the center of the city. 2023 sales 68,760, net 250K
Asking Price
$490,000
Cash flow
$528,177
Revenue
$1,033,394
Down
$1,875,000
Posting: 285743 | Available | 3/20/24
This commercial property management company provides tailored solutions for property owners, landlords, and investors. They boast a book of 18 commercial and retail properties with recurring revenues streams that include property management, commissions and contractor and maintenance fees.
Asking Price
$1,875,000
Cash flow
$100,000
Revenue
$100,000
Down
$195,000
Posting: 286181 | Available | 4/18/24
This retail pharmacy is located in the USC Hospital area [90033] of Los Angeles County. All major PBMs except Medical. Buyer to apply for their own Medi-Cal contract. It is located near the 10 highway and was established in 2020. All patients' files are to be relocated to another pharmacy.
Asking Price
$195,000
Cash flow
Call/Email
Revenue
$1,680,000
Down
$950,000
Posting: 285899 | Available | 4/29/24
For sale is a freestanding liquor and wine with craft beer store with great front parking without any competition. It is surrounded by many residential and apartments and all around and very safe area and high-end mid residential locations. Most of the time it is all employee-run.
Asking Price
$1,750,000
Cash flow
$450,000
Revenue
$2,000,000
Down
$2,000,000
Posting: 281505 | Available | 10/15/23
This is a long-established high-volume liquor store with lots of potential and a strip center included in the sale. The owner works a couple of hours a day. It is on a busy street in central Los Angeles. The store grosses approximately $ 170,000-180,000 a month.
Asking Price
$4,500,000
Cash flow
Call/Email
Revenue
$396,000
Down
$109,000
Posting: 285741 | Available | 4/21/24
For sale is a newly established Korean snack shop in the busy Northridge area. The current monthly sale is over $33,000. Its size is 1,100 sq. ft and its rent is $4,000 including NNN. It currently serves Korean drinks and street food.
Asking Price
$109,000
Cash flow
Call/Email
Revenue
$306,000
Down
Negotiable
Posting: 276269 | Available | 5/2/24
Owner-operator opportunity for a mailbox rental, shipping, & live scan fingerprinting store near Topanga Canyon Blvd., south of 118 highway. It provides notary services, as well as key-making, and sells gift items. In this high-traffic busy shopping center over 25 years. Terrific, 12+ year lease.
Asking Price
$325,000
Cash flow
$192,000
Revenue
$1,360,000
Down
$35
Posting: 274854 | Available | 10/16/22
Liquor and wine shop for sale in North Los Angeles County, CA. The shop has been established for over 30 years and 4 years for the current owner. 2 full time employees and owner works. Semi Absentee run. Business Been SBA Pre-Qualified For Business Purchase Financing. Lease is 5+5 years available.
Asking Price
$900,000
Cash flow
$192,000
Revenue
$1,032,000
Down
$35
Posting: 285909 | Available | 3/30/24
This is a busy liquor store in the South Bay area for sale! There is enough room to add up more inventory to increase sales. The rent is reasonable and it makes very good extra income from the lottery and scratcher. The reason to sell are due to the health issues of the retiring owner.
Asking Price
$570,000
Cash flow
Call/Email
Revenue
$1,150,000
Down
$600,000
Posting: 285148 | Available | 4/22/24
A fantastic opportunity awaits with this well-appointed liquor store, complete with the property for sale. Situated in a prime, highly visible location at a bustling intersection teeming with traffic, this store boasts excellent exposure. It was recently remodeled at 3,000 sq ft.
Asking Price
$2,250,000
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
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
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
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Californians who buy smoke shops can enjoy profitability if the businesses are chosen carefully. Despite the anti-smoking movement, enterprises that sell cigarettes, cigars and smoking paraphernalia serve a market that remains substantial. But it's important to understand your purchase options.
Knowing how to advertise a business for sale without revealing too much is an important skill for anyone who wants to find a buyer for a small or mid-sized California business at a good price. One caution about giving too much detail is that it might identify the company and ruin confidentiality.
Peter Siegel, MBA Founder of BizBen and the BizBen ProBuy, ProSell Programs discusses interpreting reported earnings from sellers through tax returns, financial statements and other means when buying a small to mid-sized California small business.
A business plan is a living document that should serve several purposes for your business. When you are buying a small business, a business plan will assist you in obtaining business purchase financing by showing lenders and investors how you plan to repay their loan by running a profitable company.
A problem owners encounter when offering a California business for sale is that not all so-called buyers are qualified to make the purchase. It's frustrating and costly to waste time showing non-qualified buyers the business. Here are ways to identify time wasters so the focus is on real buyers.
Each day, more than 10,000 Baby Boomers turn 62. Around this age, Americans, many of which are small business owners, start to think about their exit strategy from the workforce. For a small business owner, the process can be complex and their decision to retire has an impact on many others.
People think of recycling and think of a facility that recycles trash. While this is true a large facility is expensive to open and operate. With that said, in this post, I will focus on 3 small business opportunities in the recycling industry that are more manageable for the average entrepreneur.
Any deal when selling a business tends to have a life of its own. Joe Ranieri discusses a restaurant deal in Orange County that has had many twists and turns. This article shows what types of issues can and do come up when selling a business or in this case a restaurant.
Owners often ask agents to sell business offerings for them. It's usually more difficult than selling houses when working to find a buyer for a business, to satisfy contingencies and close escrow. Business sales intermediaries either agents or brokers may want large fees, but often are worth it.
There are a handful of key asset categories in allocating or breaking down the purchase price allocation of a business sale. The allocation is required to complete the transaction. Lee Petsas, a Southern California business broker reviews this topic in detail for buyers and sellers of businesses.
The only time to get an exact and accurate inventory count, and valuation, is at the time the business is being transferred. To do so beforehand, would mean that any merchandise sold after inventory is taken, but before close of escrow - Peter Siegel, MBA with BizBen & others discuss this topic.
Buying a liquor store can present some major challenges to business buyers - a recent client on the BizBen ProBuy Program relates to Peter Siegel, MBA what the major challenges may be when searching for and buying a Californa liquor store business. I welcome other Advisors to weigh in on this topic.
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.
Butcher shops, once a vestige, are increasingly becoming popular again in many metropolitan and suburban cities. In this Discussion Post on BizBen, Joe Ranieri (Orange County & LA County Business Broker) discusses various issues of buying a butcher shop and what that entails for business 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.
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.
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.
Overpricing is the number one mistake sellers and their brokers make when putting businesses on the market. Even profitable, well-managed businesses can get buried under a bad number. Brian Loring (Los Angeles County Business Broker) discusses "the tangible trap" and how to avoid it when selling.
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.
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.
