Cash flow
$1,200,000
Revenue
$1,140,000
Down
$550,000
Posting: 286780 | Available | 7/24/24
It is located between downtown LA and Koreatown, the biggest advantage is that there is no competition, so profits and net income are very high. The cost of rent is $2,805 for 2,600 sq ft. + basement. (additional reason why profits are high). It is a relatively safe place.
Asking Price
$1,050,000
Cash flow
$202,024
Revenue
$792,624
Down
Call/Email
Posting: 287405 | Available | 7/23/24
Great opportunity to own attractive, short hours, well established, high visibility, corner located, major busy street location, Liquor Store and Market.
Asking Price
$595,000
Cash flow
Call/Email
Revenue
$960,000
Down
Call/Email
Posting: 286537 | Available | 7/20/24
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
Call/Email
Revenue
$1,320,000
Down
$450,000
Posting: 287752 | Available | 7/26/24
For sale is a freestanding liquor store that includes the property and offers potential rental income from a two-bedroom apartment in the back. The property features a good-sized side parking space and limited competition from other liquor stores.
Asking Price
$2,250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$30
Posting: 287232 | Available | 7/25/24
Reduced for quick sale! Liquor store with the property for sale! This store has been in the town for a long time and has been run by the current owner for over 15 years who wants to retire. The store has a lot of potential to grow more business by extending more hours and adding more inventory.
Asking Price
$1,500,000
Cash flow
$240,000
Revenue
$1,440,000
Down
$1,250,000
Posting: 282019 | Available | 7/24/24
For sale is a liquor store - its size is more than 4,500 sq. ft and the lot size is more than 7,000 sq. ft. The total net sales income after all expenses is about $240,000 / year.
Asking Price
$3,350,000
Cash flow
Call/Email
Revenue
$732,000
Down
All Cash
Posting: 277212 | Available | 7/24/24
This liquor store is a local gem. Originally established in 1986, this store is popular for its variety of premium liquor, fine wines, and draft beers. It is located in a neighborhood strip center with ample free parking and easy egress and ingress. The rent is $5,717/month, including NNN.
Asking Price
319,000 + Inv ~120k
Cash flow
$76,572
Revenue
$720,000
Down
Cash Only
Posting: 287158 | In Escrow | 7/24/24
Looking for a high volume liquor store with growth potential? This is the store for you. Also once the new park is built a couple of blocks away, weekend business should increase. Add a fountain drink section, food to go and maybe coffee bar. Surrounded by many apartments and condos.
Asking Price
$199,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 287669 | Available | 7/23/24
For sale is a business opportunity in the Lower Haight area in San Francisco. There is public transportation right outside the establishment too. This business has (food/ groceries, snacks, a variety of beverages & alcohol like beer and wine) as well as things like tobacco, ice cream, and fast food.
Asking Price
$199,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 287658 | Available | 7/22/24
This Shell gas station presents a unique business opportunity with substantial growth potential. Take advantage of the rare licenses and established agreements to maximize profitability.
Asking Price
$979,000
Cash flow
N/A
Revenue
N/A
Down
All Cash
Posting: 287627 | Available | 7/19/24
This Liquor store was originally established in 1991. Ideally located right next to major franchise restaurant. The surrounding area is a vibrant mix of residential and commercial spaces, featuring notable attractions like Warner Bros. Studio Tour Hollywood and Disney Studios.
Asking Price
$129,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$100
Posting: 286647 | Available | 7/18/24
This is one of the greatest opportunities to own a liquor store business, well established, high visibility, corner located, major busy street intersection location. It is an almost absentee ownership. There are potential growth opportunities and a fantastic asking price presents a great opportunity
Asking Price
$145,000
Cash flow
Call/Email
Revenue
$1,385,000
Down
$25
Posting: 285980 | Available | 7/18/24
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
$1,285,500
Cash flow
Call/Email
Revenue
$1,440,000
Down
$500,000
Posting: 287586 | Available | 7/17/24
For sale is a liquor and wine shop, fully operated by employees with no owner involvement. The business employs three full-time employees and occupies 2,800 sq. ft. The rent is reasonable at $5,300, which includes NNN, and there are 12 years remaining on the lease.
Asking Price
$1,100,000
Cash flow
Call/Email
Revenue
$900,000
Down
$350,000
Posting: 285441 | Available | 7/17/24
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 287570 | Available | 7/16/24
For sale: a liquor store listed at $950,000. The store generates $100,000 in sales, with an inventory valued at $100,000. It handles check cashing transactions totaling $1.3 million per month. The store occupies a 4,000 sq ft space, with rent set at $4,600, including triple net (NNN) charges.
Asking Price
$950,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 287560 | Available | 7/16/24
For sale is a Market and Liquor Store in Glendale. It includes a Type 21 General On-Site Sale liquor license. The price is $375,000, with a rent of $5,250 and 9 years remaining on the lease.
Asking Price
$375,000
Cash flow
$300,000
Revenue
$1,570,000
Down
$900,000
Posting: 268152 | Available | 7/16/24
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 $135,000. The current owner doesn't work in the store.
Asking Price
$1,250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 287092 | Available | 7/15/24
A liquor store is for sale in a nice and great area of San Francisco. The store is 3,400 square feet, and the rent is $16,000 per month. The business employs seven part-time workers and generates around $142,000 in monthly sales. The seller currently assists.
Asking Price
$799,999
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 282784 | Available | 7/15/24
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
$420,000
Revenue
$1,080,000
Down
Call/Email
Posting: 287548 | Available | 7/15/24
This liquor store carries all the highest quality brands and a wide variety of merchandise to choose from. It is a rare opportunity to own a profitable and outstanding liquor store at a busy and great location in Los Angeles. This hidden gem is perfect for an aggressive owner-operator.
Asking Price
$959,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$625,000
Posting: 287545 | Available | 7/15/24
This property offers a unique opportunity to leverage positive income from a combined Liquor Store building and a 4-unit apartment complex situated above the store.
Asking Price
$2,700,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283227 | Available | 7/15/24
For sale is a liquor store Type-21 off sale. (Assets Sale) With all new fixtures and equipment including brand-new walk-in coolers, floors, ceilings, countertops, shelving, etc. It is 3,200 sq. ft. It is an "asset sale" New lease term, buyer to sign with landlord.
Asking Price
$300,000
Cash flow
Call/Email
Revenue
$2,040,000
Down
$2,000,000
Posting: 287497 | Available | 7/10/24
A high-volume liquor store with property is for sale in Los Angeles County. The average gross sales are $170,000 per month. Business hours are 7 AM to 12 AM, extending to 1 AM on weekends, with no ABC conditions. The store features a large storage area at the back and a spacious retail area.
Asking Price
$4,695,000
Cash flow
N/A
Revenue
N/A
Down
$75,000
Posting: 286424 | Available | 7/9/24
For Sale- Type 21 liquor License good to operate within Los Angeles County. This type pertains to liquor store operators and is issued to retail stores. Priced for a quick sale.
Asking Price
$75,000
Cash flow
Call/Email
Revenue
Call/Email
Down
N/A
Posting: 286884 | Available | 7/9/24
This is an opportunity to own a liquor store in a highly desirable neighborhood. Situated on a prominent corner lot, this store boasts excellent visibility and accessibility. Currently absentee-owned, the store holds significant potential for an experienced owner-operator.
Asking Price
$125,000
Cash flow
Call/Email
Revenue
$1,653,257
Down
Call/Email
Posting: 287451 | Available | 7/7/24
Popular Liquor Store conveniently located on corner of a neighborhood strip center in San Jose. Ample free parking in the front is perfect for easy ingress and egress. This business is famous for stocking a variety of Liquor, beer, and wine selections, Tobacco products, snacks, and limit
Asking Price
$1,499,000
Cash flow
Call/Email
Revenue
$215,000
Down
Call/Email
Posting: 287439 | Available | 7/6/24
This is a fantastic opportunity to take-over this well-established & well-maintained liquor store! There is a great break area in the back where an owner can possibly live. Uber-eats/Door Dash to be added. The store is beautiful; come see for yourself!
Asking Price
$80,000
Cash flow
$1,200,000
Revenue
$1,140,000
Down
$550,000
Posting: 286780 | Available | 7/24/24
It is located between downtown LA and Koreatown, the biggest advantage is that there is no competition, so profits and net income are very high. The cost of rent is $2,805 for 2,600 sq ft. + basement. (additional reason why profits are high). It is a relatively safe place.
Asking Price
$1,050,000
Cash flow
Call/Email
Revenue
$960,000
Down
Call/Email
Posting: 286537 | Available | 7/20/24
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
$202,024
Revenue
$792,624
Down
Call/Email
Posting: 287405 | Available | 7/23/24
Great opportunity to own attractive, short hours, well established, high visibility, corner located, major busy street location, Liquor Store and Market.
Asking Price
$595,000
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
Call/Email
Revenue
$750,000
Down
Call/Email
Posting: 277846 | Available | 4/10/23
This is well established on the corner location with heavy traffic and walk-in customers. An excellent store located on a corner location on a street in a small shopping plaza with heavy traffic.
Asking Price
$310,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$100
Posting: 286647 | Available | 7/18/24
This is one of the greatest opportunities to own a liquor store business, well established, high visibility, corner located, major busy street intersection location. It is an almost absentee ownership. There are potential growth opportunities and a fantastic asking price presents a great opportunity
Asking Price
$145,000
Cash flow
$225,000
Revenue
$1,500,000
Down
$450,000
Posting: 269989 | Available | 10/12/21
A high volume Liquor store in a shopping center with plenty of parking. The store is 2,600 sq. ft in size. Great potential for an owner-operator. The buyer must have $450,000 in seasoned cash and excellent credit to qualify for the loan.
Asking Price
$850,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286517 | Available | 5/10/24
A recently remodeled excellent liquor store with a deli is currently for sale, which includes a house situated behind the liquor store. Additionally, Krispy Krunch Chicken is available at this location. The house can be rented for $1,500 a month. Property and business are both in the sale.
Asking Price
$1,950,000
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
$324,000
Down
All Cash
Posting: 285263 | Available | 2/20/24
For sale is a liquor store with potential. The owner lives 1 hour away and cannot run this business. It is located on a major street with great exposure. There is plenty of parking and it is in a Latino neighborhood. There is a 16-door walk-in cooler and it has a clean ABC license.
Asking Price
$135,000
Cash flow
Call/Email
Revenue
$2,700,000
Down
$500,000
Posting: 286363 | Available | 6/21/24
This well-established, profitable supermarket with a liquor department and full kitchen offering food service is turn-key and holds tons of potential. It is situated in a great neighborhood with no competition and boasts excellent parking facilities.
Asking Price
$850,000
Cash flow
Call/Email
Revenue
$1,200,000
Down
$750,000
Posting: 286016 | Available | 6/13/24
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 if adding EBT can increase monthly sales.The Mixed area with latino customers.
Asking Price
$2,750,000
Cash flow
$82,000
Revenue
$340,000
Down
Call/Email
Posting: 285000 | Available | 2/3/24
For sale is a well-established mini mart & liquor store with a thriving lottery business in South San Jose. This family-owned and operated business is located in a newer retail strip plaza, boasting ample customer parking. It is located in a prime location.
Asking Price
$155,000
Cash flow
$180,000
Revenue
$744,000
Down
$399,000
Posting: 255696 | Available | 5/29/24
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
$399,000
Cash flow
$103,736
Revenue
$602,709
Down
Call/Email
Posting: 285841 | Available | 6/18/24
Is your son or daughter attending UCSB? Offset the cost of their education with the profits from this near campus business! This is a long-established liquor store with repeat customers.
Asking Price
$349,000
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
$209,000
Revenue
$708,000
Down
Call/Email
Posting: 284847 | Available | 7/2/24
This is a fantastic opportunity to take-over this well-established and maintained liquor store! Lots of renovations were done including new exterior paint & night lights for extra exposure. It is almost ready to sell open food items. The store is beautiful; come see for yourself!
Asking Price
$355,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 287669 | Available | 7/23/24
For sale is a business opportunity in the Lower Haight area in San Francisco. There is public transportation right outside the establishment too. This business has (food/ groceries, snacks, a variety of beverages & alcohol like beer and wine) as well as things like tobacco, ice cream, and fast food.
Asking Price
$199,000
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
$72,000
Revenue
$720,000
Down
Ask
Posting: 266972 | Available | 3/18/21
Has been there for many decades and this market property is a historic building in San Pedro. Motivated seller is offering this well established business with the food permit, very reasonable rent. Asking price $269,000. Gross sales are $720,000 yr. Net profit is approx $ 72,000 yr. 3,500 sq ft.
Asking Price
$269,000
Cash flow
$300,000
Revenue
Call/Email
Down
$30
Posting: 283916 | Available | 11/17/23
For sale is a market with a beer & wine license and check cashing business. Property is included. This market has been owned for 20 years by one owner. This store is located in a residential area. Its size is 2,500 sq. ft and the lot is 7,300 sq. ft. Check cashing brings in $1.8M-2M.
Asking Price
$990,000
Cash flow
$269,000
Revenue
$1,310,000
Down
$400,000
Posting: 283074 | Available | 9/27/23
Discover an exceptional chance to own a highly profitable liquor store along with the property it's situated on. This expansive 6,100 sq ft establishment is ideally positioned in close proximity to the picturesque Lake Mendocino, attracting both locals and tourists alike.
Asking Price
$1,900,000
Cash flow
Call
Revenue
Call
Down
Call
Posting: 191742 | Available | 10/5/20
For sale is a high-volume grocery/liquor store with property in Sacramento. A full beer, wine, and liquor license is included with NO conditions. Store Sales are $140k + @ 33%-35% profit.
Asking Price
$6,000,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$500,000
Posting: 286575 | Available | 6/26/24
For sale is a convenience store with Type 20 (beer and wine) license located in North Berkeley, CA. It is with property and a rental unit in the back, bringing in extra income. Per owner, sales are ~65K-70K/month. Monthly sales reports verify this. Additional income from lotto/lottery, ATM, etc.
Asking Price
$2,000,000
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
$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
$259,450
Revenue
$1,550,000
Down
Calll/Email
Posting: 287181 | Available | 6/19/24
The established liquor store in Anza, California, has been serving the community for 40 years. This family-owned and operated store not only offers a wide variety of liquor, beer, and wine, but also carries a diverse range of other products and staples for the home.
Asking Price
$895,000
Cash flow
Call/Email
Revenue
$2,880,000
Down
$700,000
Posting: 287385 | Available | 7/1/24
The freestanding liquor license with the property for sale in the Los Angeles area Latino population, Great front parking space with easy to in and out to the store. All employees run and no owner to involved, if the owner works full time will be more profit. The liquor and Meat and produce, etc.
Asking Price
$3,399,000
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
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
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
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
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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.
Selling a business is hard enough but using the wrong word, text, and strategy can really delay or outright kill a campaign to sell a small business successfully. Peter Siegel, MBA Founder of BizBen.com shares what words, phrases, and strategies work (and not) when selling a small business online.
The unfortunate truth is that approximately 50% of all small business sales transactions fall through. While failed transactions can happen for a variety of reasons, Peter Siegel, MBA (BizBen Founder & Lead Advisor) discusses the most common reason deals fall through; unrealistic asking prices.
The use of add backs & sellers discretionary cash is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains.
Owners should keep the fact that they want to sell their small business confidential. Before releasing information to prospective buyers, buyers should commit to confidentiality in writing & should understand why it is important. Peter Siegel, MBA a ProBuy and ProSell Advisor with BizBen explains.
First the dreaded statistic: 80% of all business buyers looking to buy a small business never end up doing so! Peter Siegel, MBA BizBen.com Founder & ProBuy Director) covers successful tactics & strategies all business buyers of small to mid-sized businesses should utilize now to buy a business.
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!
Many times when buying a business there are reasons why buying stock or buying assets is the better business decision. We explore these options on the BizBen Blog Post of which option may be better depending on the circumstances of the buyer (and seller) involved in the transaction taking place.
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.
