Total Investment
$69,000
Min Liquid Cash
$59,000
Net Worth
N/A
Posting: 285583 | Available | 4/22/24
Own your very own Quick Mart convenience store. It is better than a 7-Eleven and Circle K. There are no monthly fees and no franchise fees, just a one-time payment of $99,999. Training to run your store usually takes just 3 days. Business opportunity fee: $20,000 included in $99K.
Franchise Fee
$0
Cash flow
$1,750,000
Revenue
$1,750,000
Down
$1,250,000
Posting: 284942 | Available | 4/26/24
Established in 2007, with a consistent owner-operator, this upscale liquor store, strategically located, offers a variety of hot food and deli sandwiches. Operating under the same ownership since its inception, the business boasts impressive financials and substantial profitability.
Asking Price
$1,250,000
Cash flow
Call/Email
Revenue
$780,000
Down
Call/Email
Posting: 284944 | Available | 4/26/24
A fantastic opportunity awaits with this thriving liquor store boasting monthly sales of $65,000 and a reasonable rent of $3,800. Situated in a two-unit shopping center with ample parking, the 1,500 sq. ft. store is strategically located at a hard corner lot in a highly favorable neighborhood.
Asking Price
$470,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 280307 | Available | 4/26/24
This Sonoma County California ABC Type-47 Full Liquor License can be used on premises for a restaurant or may be converted to a Type 48 for a bar, tavern, or nightclub. This license is transferable to any location in Sonoma County, California.
Asking Price
$160,000
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
$336,000
Revenue
$11,400,000
Down
$450,000
Posting: 285765 | Available | 4/22/24
The liquor store with extra income and very low rent at $2,805 gross lease with new 5years plus (1) five year option. The rent increase 3% each year on it. No competition near by it. Mostly all Hispanic customers and great net income after all expenses $25,000 to $30,000 per month.
Asking Price
$1,050,000
Cash flow
Call/Email
Revenue
$968,000
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
Cash flow
Call/Email
Revenue
$480,000
Down
Call/Email
Posting: 283199 | Available | 4/22/24
For sale is a liquor store on a main thoroughfare. The monthly sales are $40,000. The business hours are 9 am - 11 pm. The size of the store is around 2,000 sq. ft and the rent is $3,500. The reason is for selling is because the seller is moving. The store has good margins of around 40%.
Asking Price
$199,999
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 273164 | Available | 4/22/24
This well-established liquor store is located in prime location of town in San Francisco County, CA on a 2300 sq. ft. Seller claims average annual gross sales liquor store sales are $720,000 at 35% margin. Pharmacy Sales $2,300,000.
Asking Price
$390,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 282784 | Available | 4/22/24
This is a five-star liquor store and a fantastic opportunity to own this clean store with internet access with Uber or delivery. The seller claims average store and internet (online) sales which were recently established is $900,000 at a 40% average margin.
Asking Price
325,000+ Inv
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283572 | Available | 4/20/24
For sale is a liquor store that has 15 walk-in coolers and 5 coolers. This place has big potential as it is a great location with a huge parking lot. Size 2,800 sq ft. Rent of $5,000 (New lease available). Gross income $35,000-$40,000. The hours are from 10am-10pm.
Asking Price
$150,000
Cash flow
$200,000
Revenue
$1,400,000
Down
$350,000
Posting: 285647 | Available | 4/18/24
Situated in the vibrant West Hollywood area, this hot location boasts a 100% absentee-run operation with a high margin of 45%. Previously achieving monthly sales of $120,000 in 2023, which surged to $200,000 per month during the pandemic, this establishment operates from 10:00 am to 12:00 am.
Asking Price
$900,000
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
$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). They have 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.
Asking Price
$79,000
Cash flow
$108,000
Revenue
$516,000
Down
$50
Posting: 286178 | Available | 4/17/24
Located on the Westside of Long Beach, the establishment has short open hours from 9 am to 8 pm and holds a clean ABC license. The owner, who has been the same since 2013, is tired and in need of a break. Despite this, the business benefits from reasonable rent at $3,900 per month.
Asking Price
$250,000
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
$78,000
Revenue
$600,000
Down
$299,000
Posting: 286135 | Available | 4/15/24
This well-established liquor store is ideally situated in the vibrant neighborhood of Koreatown. It boasts a loyal customer base from the surrounding community. After 12 years of successful operation and hands-on management alongside dedicated employees, the current owner has decided to retire.
Asking Price
$299,000
Cash flow
$180,000
Revenue
$720,000
Down
$450,000
Posting: 255696 | Available | 4/15/24
For sale is a well-established liquor store in Corona, Riverside County for many years. It's remodeled, has high margins, and a strong median income area. It's in a good location, with no competition nearby.
Asking Price
$450,000
Cash flow
call
Revenue
$960,000
Down
$300,000
Posting: 286102 | Available | 4/12/24
This is a freestanding liquor with parking spaces in the back, front, and street. It has been under current ownership for over 15 years and is run by all employees. It has heavy traffic and behind it are many residential areas. Adding more business hours and check cashing can increase potential.
Asking Price
$640,000
Cash flow
Call/Email
Revenue
$900,000
Down
$350,000
Posting: 285441 | Available | 4/9/24
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
$180,000
Revenue
$720,000
Down
N/A
Posting: 277866 | Available | 4/9/24
This is a long-time established liquor store for sale. It has very clean wooden shelves including a camera system, including metal gates from the outside for safety. It is in a nice and safe neighborhood area with heavy traffic. There are two bar locations in the same block.
Asking Price
$299,999
Cash flow
$154,000
Revenue
$490,000
Down
$275,000
Posting: 286045 | Available | 4/8/24
The liquor store is a retail business that primarily sells prepackaged liquors, wines, beers, and lotto tickets. It is situated in a great area with a long lease and a spacious size, near Fountain Valley and adjacent to Mile Square Park. With the right buyer, it is possible to secure an SBA loan.
Asking Price
$299,000
Cash flow
$300,000
Revenue
$1,800,000
Down
$990,000
Posting: 268152 | Available | 4/6/24
For sale is an absentee-run liquor store in Long Beach. Currently manager have been operated 18 years. SBA loan is possible for qualified buyers. They have a low rent of $5,691 + NNN per month with a. long term lease. Monthly average sales are $150,000+. The current owner doesn't work in the store.
Asking Price
$1,250,000
Cash flow
Call/Email
Revenue
$1,320,000
Down
$750,000
Posting: 286016 | Available | 4/5/24
The liquor store and property with the rental income next to the liquor store. It is all employee-run. There are limited liquor stores in the area. It has good margins, and no competition around.
Asking Price
$3,050,000
Cash flow
Call/Email
Revenue
$1,425,000
Down
$30
Posting: 286000 | Available | 4/5/24
High-volume liquor store with a great location. Located on a busy street. It has a wide selection of products, from fresh produce to beer and wine. The store also has a great income, making it a great investment for anyone looking to start their own business.
Asking Price
$1,245,000
Cash flow
Call/Email
Revenue
$1,385,000
Down
$30
Posting: 285980 | Available | 4/4/24
This high-traffic liquor store with a QSR that serves dinner & drinks. It is a great place to shop for all your food and liquor needs. It has very low rent. It is open 7 days a week from 8am to 10pm.
Asking Price
$1,299,500
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284448 | Available | 4/3/24
This well-established liquor store is strategically located in a high-traffic area, ensuring consistent visibility and foot traffic. The store offers a wide and curated selection of premium liquors, wines, and spirits, catering to a diverse customer base with varying tastes and preferences.
Asking Price
$190,000
Cash flow
$300,000
Revenue
Call/Email
Down
Call/Email
Posting: 277906 | Available | 4/3/24
This is a liquor store for sale. This liquor store is located in a busy intersection. The size of the liquor store is 2,500 sq. ft and rent is $6,000 including CAM. The monthly sale is $60,000. There is extra income from check cashing ($10,000 commission) and a food truck that is doing $50,000/m.
Asking Price
$450,000
Total Investment
$69,000
Min Liquid Cash
$59,000
Net Worth
N/A
Posting: 285583 | Available | 4/22/24
Own your very own Quick Mart convenience store. It is better than a 7-Eleven and Circle K. There are no monthly fees and no franchise fees, just a one-time payment of $99,999. Training to run your store usually takes just 3 days. Business opportunity fee: $20,000 included in $99K.
Franchise Fee
$0
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
$170,000
Revenue
$540,000
Down
$349,000
Posting: 282819 | Available | 9/13/23
This business has it all-liquor, lottery and check cashing. It has been a family-operated business for a long time. Net is $145,000 a year. They have easy and steady income from lottery and check cashing at this excellent location. Their business hours are from 9am-9pm.
Asking Price
$349,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$20
Posting: 278074 | Available | 2/12/24
For sale is a brand-new gas station with a convenience store. It opened last year 2023. It is available for purchase including the real estate property and a hard liquor license. The store size is 4,200 sq ft. The drive-thru QSR is 900 sq ft. and is leased for $3,500 per month.
Asking Price
$6,000,000
Cash flow
N/A
Revenue
N/A
Down
$225,000
Posting: 284291 | Available | 3/26/24
This well-established liquor store, operating for over 35 years, is situated in a prime location on a busy boulevard in Los Angeles County. It currently runs as an absentee operation with the assistance of two employees. This is an asset sale.
Asking Price
$225,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 273384 | Available | 4/12/22
Absentee owner. Newly remodeled Liquor store with Commercial Property is for sale in Fresno County, CA. Over 5,000 sq. ft. liquor store, Huge upside potential for an owner operator. Motivated seller and he is willing to look at all reasonable offers. SBA Loan is available.
Asking Price
$1,500,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 269860 | Available | 9/1/22
Rare opportunity. High-volume liquor store with real estate. Store Sales: $120k-$150k monthly sales. $16-$20k a month net profit from lottery alone. $4k-$5k a week in lottery commission alone (rates #6 in the whole of California). Small studio apartment in the back (not permitted).
Asking Price
$3,300,000
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
$94,000
Revenue
$600,000
Down
Call/Email
Posting: 282765 | Available | 3/5/24
This liquor store is in a busy retail strip center on the frequently traveled city street. A national auto store and franchise restaurants anchor this strip center. This store features various drinks, snacks, alcoholic beverages, Lottery, and grocery items.
Asking Price
$299,000
Cash flow
$120,000
Revenue
$700,000
Down
$35
Posting: 285012 | Available | 2/5/24
For sale is a rare liquor store in north OC, this store has been operated by 100% employees. The owner has some family issue and wants move to another location. This store has good parking space and is also a very good size to add up more inventory. The rent is very reasonable with long lease terms.
Asking Price
$390,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284448 | Available | 4/3/24
This well-established liquor store is strategically located in a high-traffic area, ensuring consistent visibility and foot traffic. The store offers a wide and curated selection of premium liquors, wines, and spirits, catering to a diverse customer base with varying tastes and preferences.
Asking Price
$190,000
Cash flow
$540,000
Revenue
$4,900,000
Down
$1,500,000
Posting: 279623 | Available | 1/18/24
For sale is a high-volume liquor business in a medium-sized shopping center near HWY 2. The store's opening time is from 9 AM to 10 PM. The store size is about 2,500 sq ft. and rent is $9,400 per month including the NNN charge. The lease has 7 years left, though additional options can be sought.
Asking Price
$1,600,000
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
Call / Email
Revenue
Call / Email
Down
$150,000
Posting: 281230 | Available | 6/16/23
Liquor Store in Stanislaus County | Lor Rent | Long Lease Available | Located on the Main Road | Residential Area Near the Store
Asking Price
$450,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285763 | Available | 3/26/24
This is a liquor store for sale. The business hours are from 9am to 9pm. The State of New Mexico's new Alcoholic Business License Issue is strictly restricted. Seller's financing shall be possible for many years to a qualified buyer with a negotiable down payment.
Asking Price
$1,150,000
Cash flow
$144,000
Revenue
$720,000
Down
$150,000
Posting: 284602 | Available | 1/10/24
This is the first time this liquor store has been on the market for sale in 33 years. The seller would like to retire after the sale. The lease has 1.6 years left, however, the buyer will have a new lease. The rent is currently $3,850/month. Check cashing permit in place (currently not operating).
Asking Price
$400,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 282784 | Available | 4/22/24
This is a five-star liquor store and a fantastic opportunity to own this clean store with internet access with Uber or delivery. The seller claims average store and internet (online) sales which were recently established is $900,000 at a 40% average margin.
Asking Price
325,000+ Inv
Cash flow
Call/Email
Revenue
$960,000
Down
$800,000
Posting: 285901 | Available | 3/29/24
For sale is a liquor store with property. A 2 bedroom 1 bath house is included in the back. They have good parking space on the side of the property with easy street parking. It is in a mixed area near LAX airport with no ABC conditions. They have Lotto and accept EBT. It is around 2,600 sq ft.
Asking Price
$3,200,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 281936 | Available | 12/11/23
For rent is a liquor store in Sunnyvale, California. The active liquor license cost $80,000. Start your liquor store business for the cost of a liquor license and inventory. There is no goodwill to pay. You are in total control of purchasing inventory as you like. This is a retail location.
Asking Price
Call/Email
Cash flow
Call/Email
Revenue
$1,425,000
Down
$30
Posting: 286000 | Available | 4/5/24
High-volume liquor store with a great location. Located on a busy street. It has a wide selection of products, from fresh produce to beer and wine. The store also has a great income, making it a great investment for anyone looking to start their own business.
Asking Price
$1,245,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 278077 | Available | 1/2/23
Liquor store - High margin. Bitcoin commission is $300 monthly. Great first-start business opportunity for a husband and wife team. Asking $330k plus inventory, gross sales $50k monthly, rent $2460 CAM included, lease 9 years + 10 years.
Asking Price
$330,000
Cash flow
$120,000
Revenue
$540,000
Down
$35
Posting: 264137 | Available | 9/8/21
Cozy, but very profitable liquor in North Orange County, safe neighborhood, highly margin as compare to other area, possible to manage by one person. Must see it. Monthly sale : $50,000. Profit margin 40%. SBA loan still possible.
Asking Price
$180,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 277077 | Available | 2/7/24
For sale is a Type 21 Off-Sale General Liquor License in San Mateo County, California. A California Type 21 liquor license is one of the most popular liquor licenses. The California Alcoholic Beverage Control (ABC) describe it as an off-sale general liquor license.
Asking Price
$40,000
Cash flow
Call/Email
Revenue
$1,056,000
Down
$498,000
Posting: 282398 | Available | 8/24/23
This is an upscale liquor store with a wine bar and tasting area in Orange County for sale. They have a full kitchen with a hot grill. It is absentee-run. They have a long-term lease for 6 plus 10 years and clean financial records. They serve excellent private wine parties starting at $2,000.
Asking Price
$498,000
Cash flow
Call/Email
Revenue
$720,000
Down
Call/Email
Posting: 282741 | Available | 9/10/23
This is a great opportunity to own a large, 2,780 sq ft. beer and wine store in a very busy area of Santa Clara County at a very reasonable price. It was newly renovated and re-organized, so it looks very good. They also have kitchen equipment for adding fast food. It will not last long.
Asking Price
$335,000
Cash flow
$95,000
Revenue
$540,000
Down
$170,000
Posting: 279929 | Available | 1/10/24
This liquor and wine shop is on the west side of Los Angeles, CA in a heavy car traffic location. There is a parking space in the back of the liquor store for 2. The business hours are short and extended hours can be big potential. The current business hours are 8-10 pm (no ABC condition).
Asking Price
$225,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285080 | Available | 4/2/24
For sale is a neighborhood convenience store with beer and wine with liquor, in Fremont, a busy populated location with $125,000 gross sales per month. There is a Lotto + ATM+ Bitcoin for additional income and it is 5,000 square feet. An inventory of $300,000 is not included in the purchase price.
Asking Price
$1,050,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$25
Posting: 285108 | Available | 2/11/24
This is a well-established liquor store for sale in the Fresno area. It is in a great neighborhood, surrounded by commercial & residential developments around. Sales are averaging at around $115,000- $120,000 per month. The asking price is $1.2M plus inventory.
Asking Price
$1,200,000
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
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
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
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
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
A business buyer in the BizBen ProBuy Program asks how to handle the inventory amount in the purchase price of a business. Other questions answered in this article: Do you add the inventory value to the business value? Should the owner be expected to take back a note for the value of the inventory?
Unlike many small businesses, due to strict regulations there are many steps that you must take before you can consider buying a liquor store. Peter Siegel with BizBen discusses the seven steps will put you on the right track to buy a liquor store legally.
Does Location matter when purchasing a liquor store for sale? Some experts believe that while it is still important, location is not AS important in the liquor store business as it is with other retail businesses. I think there is a case for both sides of the argument. Let's find out who is right.
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 on your search to buy liquor store businesses, consider additional ways that you may use the location to generate additional revenue streams. Peter Siegel, MBA with BizBen.com discusses buying California liquor stores.
Buying a liquor store? First, ask yourself these three critical questions to find out if owning a liquor store is right for you. Questions like hands on vs absentee ownership, inventory turnover, licensing issues. Peter Siegel, MBA (BizBen ProBuy & ProSell Program Lead Advisor) explores this topic.
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.
Most business acquisition financing strategies involve borrowing money to meet the purchase price. But an entirely different approach, equity sharing, is sometimes pursued if borrowed money is not wanted, or is not available to complete the purchase. Peter Siegel, MBA - BizBen.com covers this topic.
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.
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.
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.
With the multitude of factors that come into play when deciding the appropriate time to inform your employees that your business is for sale, I do not offer a standard or general answer. When sellers consult me as to my opinion on when it is the right time, I like to review the major issues that...
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!
What are actual adjusted net earnings (cash flow) of a small business being purchased with business acquisition SBA Loan financing? That's an important amount that lenders need to know. Peter Siegel, MBA (BizBen.com, SBALoanAdvisors.com Founder) reviews this important concept with BizBen Blog users.
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.
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.
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.
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.
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.
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.
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.
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.
