Status: Off The Market
Posting ID: 249075
Call / Email
Asking Price
NOTE: This BizBen Posting #249075 Liquor Store With Property in Los Angeles County 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
Call/Email
Revenue
$1,920,000
Down
$950,000
Posting: 284862 | Available | 4/29/24
This is a liquor store with a size of 5,800 sq ft., including upstairs and a big storage room in the back of the property. The upstairs is a 2 bed 1 bath (potential to rent out). There is great front parking space and easy to get in and out. There is a big back storage room for stocking inventory.
Asking Price
$3,499,000
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
Call/Email
Revenue
$540,000
Down
Call/Email
Posting: 251918 | Available | 10/9/23
For sale is a nicely remodeled liquor story with the property. It is in a good location and is semi-absentee run. The lot size is 8,000 sq ft. and The size of the store of the business is 1,382 sq ft. The hours are from 9 am-11/12 pm. It has ample parking spaces.
Asking Price
$1,250,000
Cash flow
$70,000
Revenue
$300,000
Down
Cash
Posting: 285704 | Available | 4/18/24
For sale is a liquor store that is open 6 days a week (Sun & holiday closed). Short hours from 8:00am-7:30pm , 8:00am-6:00pm (Saturday). The opening hours can be extended. It is a liquor store with big potential, so the best for beginners. No Lottery, No EBT, No ATM, NO check cashing. Rent $ 1800/m
Asking Price
$79,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 245517 | Available | 10/3/22
This store sells liquor with property and Lottery & scratch income is $6,000/month. Please call or email me just a qualified buyer only.
Asking Price
$3,500,000
Cash flow
$360,000
Revenue
$2,200,000
Down
$650,000
Posting: 285646 | Available | 4/18/24
For sale is a hot location that is absentee-run with a high margin of 45%. They used to sell $180,000/month (off sale $90,000 & online sale $90,000). Their open hours are from 9am-2am. It is 3,000+ sq ft. with upstairs. They have a new lease (5+5 years) and rent is $9,200 including NNN.
Asking Price
$1,600,000
Cash flow
$120,000
Revenue
$900,000
Down
$200,000
Posting: 279753 | Available | 11/3/23
A liquor business located in a small shopping center in premium area near FWY 101 is for sale. The store opens from 9 AM to 9 PM and remaining lease period is 13 years. Rent is fixed for $10,000 per month for two years. The store size is about 2,700 sq ft. The business is operated by employees.
Asking Price
$295,000
Cash flow
$60,000
Revenue
$372,000
Down
$50
Posting: 282860 | Available | 9/15/23
This liquor store is located on a major street with a coin laundry and motel next door in a high traffic area. It has a good profit margin at 40%. The partnership broke up and forced the sale. Rent is only $3,100/month. They have a clean ABC license and there are no restrictions.
Asking Price
$175,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 275705 | Available | 8/13/22
Well-managed beer a wine market for sale. Profit $15,000/month. Gross sales 65,000/month lease term 10yr plus 5yr option. Rent $3,500 under current ownership over 20 years. Great neighbors and great parking space. This is a great opportunity for a first-time buyer or experienced buyer. Absentee run.
Asking Price
$350,000
Cash flow
$100,000
Revenue
$340,621
Down
$70,000
Posting: 286421 | Available | 5/4/24
The seller wants to retire after owning the liquor store for 21 years. The store's opening hours are from 12:00 pm to 10:00 pm, and it generated lottery income of $86,145 in 2023, $89,825 in 2022, and $85,819 in 2021. The monthly rent, including NNN, is $2610, for a space of 1275 sq ft. NO EBT
Asking Price
$170,000
Cash flow
Call/Email
Revenue
$780,000
Down
$275,000
Posting: 285534 | Available | 4/30/24
The liquor and wine shop in a shopping center is a very busy location with heavy traffic. The liquor store size is 1700 sf and rent is $5,800 including NNN charges. The business hours are from 7-12 am and weekends 7-11 pm. The location is a very safe area and it is very clean.
Asking Price
$485,000
Cash flow
$120,000
Revenue
$720,000
Down
$30
Posting: 273180 | Available | 5/8/22
Liquor store for sale Compton, CA. It has been established for over 20 years and over 10 years for the current owner. 1 full time, 1 part time. Semi abstentee. 2+5 years plus 3yrs extension available, 1900 sq. ft. Can increase sale by adding more inventory and owner's direct management.
Asking Price
$330,000
Cash flow
Call/Email
Revenue
$600,000
Down
Call/Email
Posting: 284066 | Available | 3/1/24
This is a good liquor store that has potential and an ample parking lot. The rent is $3,500/month It is semi-absentee run.
Asking Price
$265,000
Cash flow
Call/Email
Revenue
$720,000
Down
$249,999
Posting: 284198 | Available | 1/16/24
Whether you're an experienced entrepreneur or a newcomer, this turnkey business is ready for a smooth transition. All the hard work has been done so step in and continue the success modern design in a great South end of San Fernando Valley location.
Asking Price
$249,999
Cash flow
$200,000
Revenue
$690,000
Down
$25
Posting: 264173 | Available | 6/27/22
This store sales beer & wine license with property and 4 bed 2 bath house (different parcel). This store's margin is 40-45%. The store located a densely populated area. The store size is 2,600 sq.Lottery and scratches incomes $2,600 and house rental income is $2,100. SBA is available.
Asking Price
$1,650,000
Cash flow
$204,000
Revenue
$1,200,000
Down
Call / Email
Posting: 275816 | Available | 11/23/22
Liquor and real estate for sale in Los Angeles County, CA. This is your chance to own your business on your property at a reasonable price. The store has been established for over 30 years and there are 3 full-time employees and owner works. It is semi-absentee run.
Asking Price
$1,400,000
Cash flow
Call/Email
Revenue
$960,000
Down
Call/Email
Posting: 284489 | Available | 1/3/24
For sale is a liquor store located on a very busy street with large parking space. It's not too far from Los Angeles Airport. There is one unit residence attached. Sales included property. The lot is +13,269 sq. ft. The building is 2,800 sq. ft.
Asking Price
$2,950,000
Cash flow
$216,000
Revenue
$960,000
Down
$350,000
Posting: 286240 | Available | 4/23/24
This liquor store near SoFi Stadium is for sale. The store opening time is from 7 AM to 10 PM. Lease has 15 years left and rent is $7,500 NNN. Lotto income is monthly $5,400 and store size is about 3,500 SF. This business has a huge potential for sales increase.
Asking Price
$825,000
Cash flow
Call/Email
Revenue
$960,000
Down
Call/Email
Posting: 286537 | Available | 5/12/24
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
$140,400
Revenue
$840,000
Down
$35
Posting: 281109 | Available | 6/8/23
Well-organized liquor store for sale, busy street location with mixed commercial and residential area, with reasonable rent and long lease term. Good Lotto income as extra (not included in monthly sales), perfect store for family-running buyers.
Asking Price
$435,000
Cash flow
Call / Email
Revenue
$1,600,000
Down
Call / Email
Posting: 273967 | Available | 6/27/22
This store sales liquor store with property for sale in Los Angeles, CA. This building is a free standing with big parking lot. Monthly sales revenue is around $135,000.The Lottery income is over 50,000/year. Asking price is $2.35million. All of this information was given by the seller.
Asking Price
$2,350,000
Cash flow
$96,000
Revenue
$480,000
Down
$150,000
Posting: 282781 | Available | 9/12/23
The liquor store near FWY 5 and 134 is for sale. The business is located in a small shopping center. The lease is 3 years left and rent is currently $3,678 per month. Store opening time is currently from 8 AM to 9 PM. The size of the store is 1,900 SF.
Asking Price
$220,000
Cash flow
$400,000
Revenue
Call/Email
Down
Call/Email
Posting: 275009 | Available | 3/5/23
For sale is a popular liquor store & check cashing location on a busy major street. There are 20 walk-in coolers in the 4,620 sq ft. space. The lot size is 5,724 sq ft. It has excellent profit, as they also do lottery and so on. You can buy the business only or with the property.
Asking Price
$3,750,000
Cash flow
$60,000
Revenue
$660,000
Down
$150,000
Posting: 276559 | Available | 12/19/23
Liquor business with value for money is for sale. The business is run by employees and the current opening time is from 8 AM to 10 PM. The buyer will have a new lease and the rent was fixed for the last 10 years at $2,550 per month gross.
Asking Price
$249,999
Cash flow
Call/Email
Revenue
$2,200,000
Down
$1,000,000
Posting: 278855 | Available | 2/5/23
Prime corner location on busy main street. 3 employees are working and the seller works half day. The high volume of 110,000/month sales and high margins over 40% to 50%. No check cashing and money order. 60% of customers are black and 40% are Hispanics.
Asking Price
$3,700,000
Cash flow
Call/Email
Revenue
$900,000
Down
$350,000
Posting: 285441 | Available | 5/9/24
For sale is a very clean and nice liquor and wine shop at city of Torrance with nice ample parking space. It is in a safe location and busy street in a mini shopping center. The size is about 2,100 sq ft. for a rent/lease of $6,100 plus NNN ($800).
Asking Price
$550,000
Cash flow
$240,000
Revenue
$1,260,000
Down
$500,000
Posting: 284360 | Available | 4/30/24
For sale is a liquor store and property that can get potential rental income from the back side of the liquor. It has a great parking lot on the side and back of the store and it is usually run by employees with 1 manager. It is located inside the neighborhood with limited competition. back-market
Asking Price
$2,495,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 275839 | Available | 8/18/22
Bay area, nice and clean. Ample parking lot store size of 2200 sqft. Gross sales $60,000. Rent is $5773 3+5yr lease remaining. 100% help run. Present owner has owned for 22 years. Inventory is approximately $100,000. Good for a new buyer or family run.
Asking Price
$350,000
Cash flow
$851,672
Revenue
$3,430,536
Down
Call/Email
Posting: 284146 | In Contract | 5/17/24
With a successful track record for over 25 years, this business has provided janitorial and cleaning services to over 150 recurring clients throughout San Diego County. Consistently generates over $3million in recurring revenue year over year with impressive profit margins between 26-27%.
Asking Price
$3,500,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 284324 | Available | 5/15/24
This is a high-end nail & massage Salon for sale in Central San Diego. It is a beautiful salon in a great location with an excellent reputation. There are currently 8 nail techs and 2 massage technicians. There is room for 4 more nail techs and another massage technician. The techs are all paid 50%.
Asking Price
$99,000
Cash flow
$167,697
Revenue
$545,484
Down
Call/Email
Posting: 283567 | Available | 5/15/24
This is a well-established sheet metal fabrication business specializing in mail order vintage car replacement parts. Business has a strong online presence. Catalogs are available both online and in print. Owners are ready to retire after operating the business since 1994.
Asking Price
$480,000
Total Investment
$200,000
Min Liquid Cash
Call/Email
Net Worth
N/A
Posting: 284296 | Available | 5/14/24
More than just a business opportunity. Own a profitable business in one of the least saturated industries in the country even if you have no experience. The thousands of people who win law suits daily are all your potential customers.
Franchise Fee
Call/Email
Cash flow
$46,623
Revenue
$381,554
Down
$35,000
Posting: 286109 | Available | 5/17/24
This is a rare full-service salon in the heart of a bustling neighborhood an inviting full-service salon located in a prime area close to multiple apartment buildings and hotels, in a historic location. Offering a range of luxurious services including haircuts, balayage, highlights, nails, etc.
Asking Price
$89,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286142 | Available | 5/14/24
Award Winning Aveda Salon is for sale. The salon and spa is located in the vibrant, sought-after neighborhood of Ocean Beach, San Diego.
Asking Price
$130,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 286166 | Available | 5/17/24
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
$91,624
Revenue
$161,933
Down
Call/Email
Posting: 283581 | Available | 5/15/24
For sale is this home-based cleaning business that's ready for its next owner. With an impressive 14-year track record, this cleaning business has built a stellar reputation in San Diego. Trust and credibility are already established, setting you up for success from day one.
Asking Price
$170,000
Cash flow
$336,271
Revenue
$603,248
Down
Call/Email
Posting: 285968 | Available | 5/16/24
This highly profitable med spa weight loss clinic can be run by a skilled nurse practitioner or physician assistant. Services include weight loss, laser hair removal, and skin rejuvenation. This MedSpa offers the latest in cosmetic procedures.
Asking Price
$749,000
Cash flow
$150,000
Revenue
$600,000
Down
$220,000
Posting: 282952 | Available | 4/2/24
Due to personal circumstances, the seller just reduced the price. This is a long-established Salon, with a large high-end clientele. Highly profitable in an excellent location. Established in 2009 by the present owner/operator/stylist located in a major shopping center, with easy access and parking.
Asking Price
$220,000
Cash flow
$260,612
Revenue
$831,552
Down
Call/Email
Posting: 280924 | 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
$900,000
Cash flow
$500,000
Revenue
$4,000,000
Down
$500,000
Posting: 284937 | Available | 1/31/24
An exceptional business opportunity presents itself with the offering of a well-established used car dealership coupled with a certified mechanic shop and repair services in the vibrant city of San Diego. Situated in an attractive locale. Annual sales are over $4 million.
Asking Price
$700,000
Cash flow
$200,000
Revenue
$900,000
Down
$345,000
Posting: 254833 | Available | 10/20/23
Price lowered fr $395k. For sale is a well-established hybrid auto repair shop with great customer reviews. This is a great investment opportunity for those seeking a profitable and reputable repair shop! It is located in the heart of the densely populated Miramar and Mira Mesa area.
Asking Price
$345,000
Cash flow
$106,958
Revenue
$327,146
Down
Call/Email
Posting: 279369 | Available | 2/20/24
Don't miss the opportunity to own an established Postal Annex franchise. This profitable business is located in a popular shopping center, surrounded by well-known restaurants, retail establishments, and a grocery store which generates foot traffic and a loyal customer base.
Asking Price
$160,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285376 | Available | 4/2/24
This well-established, full serve car wash opened new in 1990 features a car wash situated on a large 78,000 sq ft. lot with two other tenants. The car wash has a large entrance to stack up to 16 vehicles for vaccum, with a 120-foot-long automated tunnel, detached building for detail services.
Asking Price
$195,000
Cash flow
$143,995
Revenue
$502,193
Down
Call/Email
Posting: 286092 | Available | 4/10/24
This is a fully operational business with nine clinicians, two support staff and two locations. Offering a wide variety of services, this business is perfect for a therapist committed to helping people and their community. Strong referral partners have translated to steady growth since the start.
Asking Price
$425,000
Cash flow
$850,000
Revenue
$1,800,000
Down
Call/Email
Posting: 283020 | Available | 9/25/23
This is a high-capacity center (100+) in a good location of San Diego with a good demand for childcare and is highly profitable. The 2023 projected financials indicate an annual revenue of $1,800,000 and Seller's Discretionary Earnings of over $850,000. There is a director on staff.
Asking Price
$2,750,000
Cash flow
$128,000
Revenue
$228,000
Down
Call/Email
Posting: 286203 | Available | 4/19/24
For sale is a smog test shop that has been in business for 24 years. They have five stars on their Google/Yelp ratings. It is a great location on a busy street.
Asking Price
$179,000
Cash flow
$422,000
Revenue
$1,335,000
Down
Call/Email
Posting: 285577 | Available | 3/8/24
This digital agency has been growing rapidly over the last 5 years, launched its first monetized SaaS product in 2023 and is looking for a growth partner to help take advantage of on-the-horizon opportunities. The Company primarily serves ecommerce clients.
Asking Price
$1,750,000
Cash flow
$72,984
Revenue
$764,238
Down
$325,000
Posting: 286415 | Available | 5/4/24
Are you seeking a feel-good business that is profitable? Look no further! This doggie boutique offers specialty foods, freshly baked treats, toys, accessories, and grooming services to fulfill all your pet's needs. With a deep commitment to animal welfare, the owners are actively involved.
Asking Price
$325,000
Cash flow
$272,023
Revenue
$1,426,206
Down
Call/Email
Posting: 282460 | Available | 1/22/24
Established over 20 years, this service and repair plumbing business generates over $1mm in sales with 85% customer retention. This business operates out of a 2,000 sq ft. building including a warehouse and is centrally located in East San Diego County.
Asking Price
$599,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$40
Posting: 283461 | Available | 10/20/23
San Diego Laundromat redevelopment project (North County). PBI Laundry Consulting, Inc. Has a new San Diego County re-tool project available. The area boasts a high Hispanic population with large families and a high percentage of renters. The market area is gentrifying at this time.
Asking Price
$550,000
Cash flow
$253,000
Revenue
$603,000
Down
$24,000
Posting: 283429 | Available | 4/29/24
This Practice was established over 20 years ago in San Diego County. Current ownership since 2015. Currently this general dentistry practice, with no specialty services and or hygienist, operates with one front office staff and two dental assistants.
Asking Price
$439,000
Cash flow
Call/Email
Revenue
$240,000
Down
$105,000
Posting: 285913 | Available | 4/1/24
Hey there, future ARF (Adult Residential Facility) buyer! Imagine your residents waking up every day in the heart of Lincoln Park, just a stone's throw from the 805, in a home that's not just a building, but a beacon of care and community.
Asking Price
$915,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285332 | Available | 2/23/24
This is an established postal franchise with good shipping and mailbox rental income. Located in a popular coastal community of San Diego this store has little competition and enjoys a steady stream of daily foot traffic, including loyal locals who rely on its services for all their postal needs.
Asking Price
$125,000
Cash flow
$71,012
Revenue
$177,906
Down
$198,500
Posting: 284920 | Available | 1/30/24
This is a San Diego machine shop specializing in machining aluminum parts, stainless steel, and plastics parts. Machines parts to the customers' drawing/specification. It has been established in since October 2020. Their equipment is well maintained.
Asking Price
$198,500
Cash flow
$250,000
Revenue
$960,000
Down
$115,000
Posting: 285401 | Available | 5/8/24
PRICE REDUCED - Swimming pool maintenance and repair business, specializing in servicing residential and commercial swimming pools, spas and water features. It is cost effective and customized for all types of swimming pools. It is licensed, bonded; the business adheres to State Health codes.
Asking Price
$575,000
Cash flow
Call/Email
Revenue
N/A
Down
Call/Email
Posting: 286146 | Available | 4/16/24
This business for sale is an established dry cleaner with a 30-year history. This is a fully equipped dry cleaner located in the heart of La Jolla with a loyal customer base. Business was down during COVID, but is recovering to pre-COVID sales. Visibility is great with high traffic.
Asking Price
$59,000
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
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
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
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
Before you buy a dry cleaners small business, read these critical tips about this industry. Discover why a dry cleaner needs to be "green" to be profitable. Peter Siegel, MBA (BizBen ProBuy, ProSell Program Advisor) explores this topic and other helpful strategies on buying a dry cleaning store.
Serving California laundry owners and investors, I am afforded the opportunity to see and analyze why various laundries make or lose money. Time and time again my associates and I work with our laundry clients analyzing what the true value of their laundry is and what can be done to improve it.
Chuck Post hosts these live FREE online webinars on Buying A Card or Coin Laundry. These webinars occur every Weds at Noon. Have your questions ready for an open and honest discussion about both the Pro & Cons of the Vended Laundry Business. RSVP or for more info phone Chuck at 619-227-5711 direct.
Today, we see more growth in the white-collar sector than we do in blue-collar entering the laundry business. We are also happy to see a rapidly growing representation of Black and Hispanic investors; women entrepreneurs are possibly one of the fastest growing segments.
Read why longer leases increase the value of a card or coin laundromat when buying or selling a laundry. Chuck Post (Laundry Advisor, Consultant at 619-227-5711) expands on the topic of lease structures on the purchase or selling of a laundromat. He also discusses tips on working with landlords.
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Chuck Post, a leading laundry expert with over 37 years of developing laundries, retooling, and rebranding hundreds of existing laundries, tells investors how to search, find, evaluate, and do good laundry due diligence laundries for acquisition. A must read for new investors & current operators.
What is the extent of the buyer's obligation to investigate a business before purchasing it? Chuck Post a specialist in assisting buyers and sellers with coin laundries in California explores his views on laundry due-diligence.
Coin operated laundry for sale (also referred to as a laundromat), which typically can yield a 20% to 30% profit (before taxes, interest, depreciation and amortization) on gross revenues to the owner. Peter Siegel, MBA with BizBen.com discusses this topic on buying small to mid-sized laundromats.
The coin laundry is an all-cash, necessity of life service business. What could be better? Yet, understanding how the business justifies such a high purchase price is baffling. In fact, many times the value is so misunderstood that it results in investors over-paying. Sometimes grossly over-paying.
A laundromat needs to be thoroughly looked over before a buyer should complete an acquisition. The income is important of course but, the path forward is even more important. Chuck Post, Laundry Advisor, Due Diligence Consultant offers laundry buyers valuable advice on this BizBen blog post.
The laundry lease is undoubtedly of the highest element of value of the laundry investment. It is critical to get and to keep your lease in line with the operating model that is intended for your laundry. Chuck Post, laundry consultant and broker covers this topic in this BizBen blog post.
Utility rates are on the rise. I am getting calls from laundry owners complaining of the costs, asking for ideas. So what is the answer? What is the best approach in combating these costs? Chuck Post, laundry consultant discusses strategies for keeping coin laundry utility costs under control.
The answer is that success lies in the control of the Laundry Operator who is willing to address the questions and make the modifications to better service today's service conscious customers. For those that pay attention and take action the future looks better than ever.
Buying a Laundromat can be a great investment for an Entrepreneur. With predictable sales and cash flow, a Laundromat is an easy business to run. However, as good as the business model is, there is always room for improvement. Here are my 3 tips on increasing profitability when buying a Laundromat.
The laundry business offers all of those rewards of business ownership, with much fewer headaches than with most other businesses. However buyer beware - Chuck Post, laundry broker and consultant covers several mistakes many first time laundry buyers commit when buying a California laundromat.
Many Californians want to buy a coin laundry because it's a business that doesn't require full time owner attention and because, as an all cash business, the owner is always paid before the service is provided. But there are a few misconceptions about the business and a buyer should have the facts.
Owning your own laundry business can be the most rewarding adventures one can take professionally. But for some it is a nightmare. The most common reason for this is poor awareness & poor preparation. Chuck Post, Laundry Consultant For Sellers & Buyers chats about the process of buying a laundry.
Laundromats and coin operated Laundromats are popular choices among business buyers as they often can be successfully run as an absentee run business. You need to be strategic about when you sell your Laundromat so you don't get taken to the cleaners by a buyer and so that you maximize your profits.
The laundry business model and the full justification of value of the business are based on its anticipated longevity. In this blog/article, laundry industry consultant and specialist Chuck Post covers the topic of coin laundry valuations.
California laundry consultant and advisor Chuck Post discusses redefining your business model when seeking a re-tooled laundry.
Some California entrepreneurs think they might like to buy a vending business but have heard negative things about the industry and aren't aware of important facts about this business. Here are some tips from BizBen's Peter Siegel on what to look for in buying a California vending business for sale.
Buying a professional service business, like a dental practice, is one of the most profitable ventures you can enter into if you are considering becoming a small business owner. In this blog, Peter Siegel, MBA discusses six things you need to know about buying a successful dental practice or office.
Entrepreneurs who think they want to buy a towing business need to have some idea of what to look for when examining businesses for sale in this industry. The assets, including tow trucks and perhaps the property where towed vehicles are stored, determine much of the value of this kind of company.
There are several things to consider when placing a value on a preschool. Businesses that are regarded as leading preschools in their area can go for premium prices so know what you have so a potential buyer can't take advantage of your lack of knowledge. Peter Siegel with BizBen.com explains.
How does the laundromat business look as we enter this changing environment? Is it still as easy to operate a laundry and be profitable? Is it still the American Dream Business that it has been known to be? Yes, but… Chuck Post, Laundry Advisor & Consultant initiates this BizBen Discussion post.
We are finding that many laundry buyers and investors are not being given true light to selected elements of value or there are inconsistencies in the interpretation of these elements of value. This common error needs to be addressed. In this BizBen Discussion we address many of those factors.
Are laundries good investments for buyers? Chuck Post, (at 619-227-5711 - California laundry consultant, due diligence services, and laundry buyer representation) discusses this topic with other advisors & brokers in this BizBen Discussion about laundry investments and if they are good investments.
Chuck Post a laundry consultant, specialty broker, buyer representative & due diligence advisor starts this discussion on why it's important to have an exit strategy in mind while buying a laundromat! He & others explain why this concept is so important for buyers especially in the laundry business.
However all the laundry listings are asking 4X to 5X multiple for an asking price! Is this reasonable, standard? We are are looking buy either a coin or a card laundry and want to pay a "fair" price. What factors go into valuing a laundry business these days? Multiple Advisors answer this question.
Does the location of an elderly care facility matter when buying this type of business? Joel Miller (an Elderly Care Facility Specialist Intermediary & Consultant) feels it's very important for many reasons - many which you probably hadn't thought of. Before buying a care facility - read this post.
A business buyer asks about the viability and purchase of a home health care service and about the future of this industry - Peter Siegel, MBA takes on this question with other ProIntermediaries & Advisors on BizBen regarding the home health care industry and it's future for potential buyers.
Are you thinking of buying into one of the fastest growing industries in California? Joel Miller a Senior Care Specialist covers this topic in his latest Discussion on BizBen. This Discussion covers: What to look for when touring a Care Home, how to proceed with pre and post due diligence issues.
Is a dog grooming business for you? Business broker Joe Ranieri ponders this question with BizBen viewers and answers this question along with other intermediaries and advisors. Some replies cover: brick and mortar vs. mobile, licenses & certifications, maintaining and growing a clientel, etc.
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.
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.
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.
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.
