Posting: 285832 | Available | 3/26/24
We have mutiple cash buyers that want to purchase a "High Volume Liquor Store" (Type-21 Off Sale), it has to gross minimum of $80K per month. Has to be located in San Diego County. Will consider other counites. Broker will not charge commission to the seller.
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285821 | Available | 3/25/24
This grocery and liquor store is located in the County of Alameda, California. The asking price is $400,000 plus inventory. It needs a signed copy of the Non disclosure agreement to disclose more information of the store.
Asking Price
$400,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$500,000
Posting: 282884 | Available | 3/25/24
It's a profitable liquor store in Alameda County. Seller claims $100,000 in monthly sales. Store has no Lotto, EBT and internet sales.Lease expires in 2026. Landlord is willing to give new Lease to the qualified buyer. An owner operator can make $250,000 Net. Asking Price $595,000
Asking Price
$595,000
Cash flow
Call / Email
Revenue
$432,000
Down
Cash Only
Posting: 276030 | Available | 3/20/24
Profitable market/high-end liquor store with a Type 21 License. Located in a very busy shopping center on a major street. Lottery and tobacco license. Absentee owner. The owner has other stores that he needs to attend to. ATM machine included. Low rent and a long lease.
Asking Price
$214,000
Cash flow
$84,000
Revenue
$396,000
Down
$50
Posting: 285631 | Available | 3/13/24
For sale is a liquor store that has had the same owner since 2015. The owner is ready to move on and move out of state. It is located close to Cal State Fullerton. The store is 1,200 sq ft. for a monthly rent of $5,000 + $1,500 (NNN) and lease terms of 3 years. The monthly gross is $33,000.
Asking Price
$135,000
Cash flow
Call/Email
Revenue
$636,000
Down
All Cash
Posting: 277212 | Available | 3/11/24
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
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
Call/Email
Revenue
$746,000
Down
$210,000
Posting: 285486 | Available | 3/4/24
This is a business opportunity with vacant land and a commercial building. Build your dream home in Redwood Estates! This listing includes 5 parcels of land, 1 commercial building, and a business. Utilities (water & electric) are available on the street for Vacant Lands.
Asking Price
$700,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284951 | In Escrow | 3/1/24
For sale is a neighborhood convenience store with beer and wine with liquor, in Lodi, a busy populated location with $140,000 gross sales per month. There is a Lotto + ATM for additional income and it is 2,650 square feet. An inventory of $450,000 is not included in the purchase price. -IN ESCROW!
Asking Price
$1,350,000
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
$175,000
Revenue
$1,175,000
Down
$330,000
Posting: 267666 | Available | 2/24/24
Thesis a high-volume and busy liquor store for sale in Sacramento County with monthly sales of around $95,000. The store is surrounded by apartments and houses. The store size is around 2,300 sq ft. with lot of parking. The monthly rent is $5,750 a month with long lease.
Asking Price
$725,000
Cash flow
$300,000
Revenue
$1,000,000
Down
Call/Email
Posting: 284163 | Available | 2/24/24
This is a huge opportunity to increase sales by adding lotto, increasing hours, and checking cashing. There will be more business coming with hundreds of new condos/townhomes (Brooklyn Basin) being built a mile away. It is in Oakland, CA and there is not much competition nearby.
Asking Price
$699,000
Cash flow
$275,000
Revenue
$1,380,000
Down
$475,000
Posting: 277021 | Available | 2/24/24
For sale is a well-established, high-volume liquor store for sale in Sacramento in Sacramento County surrounded by apartments and houses located in one of the best neighborhoods of Sacramento County. The monthly sale is over $115,000 (net sale without lotto-lottery) with a very high gross profit.
Asking Price
$1,000,000
Cash flow
$240,000
Revenue
$1,440,000
Down
$1,250,000
Posting: 282019 | Available | 2/22/24
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
$3,750,000
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
$84,000
Revenue
$540,000
Down
$50
Posting: 285262 | Available | 2/20/24
For sale is a liquor store located on a major street with lots of traffic. They have high-end clients like athletes and movie stars that come to the store. It is next to motels and movie studios. There is potential to grow business with more inventory.
Asking Price
$275,000
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
Call,Email
Revenue
Call/Email
Down
$20
Posting: 284117 | Available | 2/12/24
For sale is a well-established grocery, meat, and liquor market with gas outside. There is separate laundry & rental income from a retail strip available with the property. The two buildings are roughly 4,000 sq ft. each. It is across a big hospital and residential area.
Asking Price
$5,200,000
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
Cash flow
$110,000
Revenue
$600,000
Down
Call/Email
Posting: 285089 | Available | 2/9/24
This popular liquor & convenience store is located on an extremely busy street with ample free parking right in front. It is in a mixed commercial and residential neighborhood, making it a go-to place for residents and commuters. It has easy egress and ingress and is highly lucrative.
Asking Price
$349,000
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
$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
$1,800,000
Down
$400,000
Posting: 281354 | Available | 2/3/24
For sale is a liquor and wine shop that is absentee-run, but if the new owner is involved there can be more potential. It is high-volume at $150,000 + monthly and the business hours are from 7:30am-11pm/12am on weekends (there are no ABC conditions). Only Street Parking.
Asking Price
$1,190,000
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
Call/Email
Revenue
$530,000
Down
Call/Email
Posting: 283089 | Available | 1/27/24
For sale is a well-established liquor store with great potential to increase sales. It currently operates 6 days per week, closes at 8:00 PM daily, and is closed on Sundays. There is great opportunity to increase sales. All buyers need to sign an NDA. This is a must-see location! Make an offer.
Asking Price
Call/Email
Cash flow
Call/Email
Revenue
$1,320,000
Down
$800,000
Posting: 283191 | Available | 1/25/24
This is a freestanding liquor and wine shop with the property for sale in the Los Angeles area. They have a great gross profit and extra income. It is mainly employee-run. It is in a mixed-area. It is 4,800 sq. ft on a lot size of 7,000 sq. ft. Business hours are 7am-12am every day.
Asking Price
$3,499,000
Cash flow
$209,000
Revenue
$708,000
Down
Call/Email
Posting: 284847 | Available | 1/24/24
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
$395,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 277870 | Available | 1/18/24
This is a Placer County type 47 liquor license for sale at $240,000. It authorizes the sale of beer, wine and distilled spirits for consumption on the licenses premises.
Asking Price
$240,000
Total Investment
$69,000
Min Liquid Cash
$59,000
Net Worth
N/A
Posting: 285583 | Available | 4/28/24
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
$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
Call/Email
Posting: 284951 | In Escrow | 3/1/24
For sale is a neighborhood convenience store with beer and wine with liquor, in Lodi, a busy populated location with $140,000 gross sales per month. There is a Lotto + ATM for additional income and it is 2,650 square feet. An inventory of $450,000 is not included in the purchase price. -IN ESCROW!
Asking Price
$1,350,000
Cash flow
Call/Email
Revenue
$2,700,000
Down
$500,000
Posting: 286363 | Available | 5/1/24
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
Call/Email
Down
Call/Email
Posting: 284821 | Available | 5/2/24
Quarts n Pints Liquor Store is located in the Outer Sunset in the city of San Francisco. With heavy foot traffic, many different businesses around. For instance, bank, restaurants, bars, and produce market. This establishment is very well known and spacious. This is a great business opportunity.
Asking Price
$150,000
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
$300,000
Revenue
$1,000,000
Down
Call/Email
Posting: 284163 | Available | 2/24/24
This is a huge opportunity to increase sales by adding lotto, increasing hours, and checking cashing. There will be more business coming with hundreds of new condos/townhomes (Brooklyn Basin) being built a mile away. It is in Oakland, CA and there is not much competition nearby.
Asking Price
$699,000
Cash flow
$230,000
Revenue
$1,080,000
Down
$250,000
Posting: 280275 | Available | 4/19/23
Easy Operation - Money maker - No competition. A well-established liquor store with little to no competition in Sonoma County is up for sale. The store does about 90k/m in sales excluding the lotto.
Asking Price
$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
$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: 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
$210,000
Revenue
$850,000
Down
Cash Only
Posting: 282700 | Available | 11/20/23
The owner is forced to sell due to health issues, but the sales keep increasing every month. $90,000 per month in sales is easily achievable. The average sales are $70000 per month. There is no competition. There is a brand new working cooler & equipment. Strong finances and good credit ONLY.
Asking Price
$450,000
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
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
$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
$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
Break Even
Revenue
$396,000
Down
Cash
Posting: 276887 | Available | 11/14/22
This beer and wine market is located in a nice neighborhood. Plenty of front parking. The current owner has another job and cannot run this business. Used to be a Circle K location. Employee run, absentee owner. Reasonable asking price. Monthly gross: $33,000.
Asking Price
$85,000
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
$600,000
Down
$125,000
Posting: 277228 | Available | 11/2/22
For sale is a liquor store located on a very busy street in Torrance, CA. It has a very reasonable rent and lease length. It is very visible with high traffic. The owner will be retiring. The average monthly sales are $50,000 and the asking price is $290,000.
Asking Price
$290,000
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
$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
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
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
$102,000
Revenue
$504,000
Down
$50
Posting: 282861 | Available | 9/15/23
This liquor store is located in a busy shopping center surrounded by homes and apartments. It has a reasonable rent at $4,200/month for 1,800 sq ft. It has a good profit margin at 40%. Selling due to partnership split. Must check it out. There is plenty of parking. Inventory is around $60,000.
Asking Price
$249,999
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
Call/Email
Revenue
Call/Email
Down
$1,500,000
Posting: 273591 | Available | 1/5/24
This is a great opportunity to own a high volume liquor store with property in a very desirable location. The current owner has been at this business for more than 10 very successful years. The location has very good customers with a high end demographic. Serious buyers only.
Asking Price
$5,500,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 276343 | Available | 9/18/22
Good for a first-time buyer or who is looking for a second location to 100% help run the store. . Gross sales are $50,000. Lotto 48,000/annually. The lease has a 10 year/5 year option. The current owner has run it for over 20 years. The rent is $4,000.
Asking Price
$265,000
Cash flow
Call/Email
Revenue
$1,800,000
Down
$400,000
Posting: 281354 | Available | 2/3/24
For sale is a liquor and wine shop that is absentee-run, but if the new owner is involved there can be more potential. It is high-volume at $150,000 + monthly and the business hours are from 7:30am-11pm/12am on weekends (there are no ABC conditions). Only Street Parking.
Asking Price
$1,190,000
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.
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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.
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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.
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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
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
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.
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There are companies who specialize in purchasing Business Notes (of course at a discount). You can sell all or part of your note. Peter Siegel, MBA BizBen Founder and ProBuy & ProSell Lead discusses this entire process in his latest article on selling your business note after you sell your business.
A question sellers ask: how do I sell my business without getting sued, isn't a subject just for discussions with lawyers. A seller can take some precautions to reduce potential legal problems. Peter Siegel, MBA Founder Of BizBen and BizBen.com's ProBuy and ProSell Programs discusses this topic.
A business buyer in our ProBuy Program searching to buy a business asked me to sum up what I though the biggest mistakes business buyers make when they search for and bought a small business. I asked ProIntermediaries on BizBen their thoughts on the matter and received a diverse response.
The 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.
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.
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.
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!
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.
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 idea to have a buying a business checklist follows the adage that it's always useful to start with a plan when searching to buy a small business for sale. Peter Siegel, MBA Founder of BizBen.com and top advisor of the BizBen ProBuy Program suggests six items for all business buyers to utilize.
The key to finding the ideal business broker or agent and selling a small business is asking the right questions and getting the right answers back! Peter Siegel, MBA with BizBen & several top business brokers and agents in California (ProIntermediaries) contribute to this topic to assist sellers.
In this month's Business Buyer survey for BizBen.com, we asked participants in our ProBuy Program and 250 other random business buyers what they look for and avoid when looking at a business for sale postings online. Of the 20 potential posting characteristics we asked about, 8 stood out.
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.
Peter Siegel, MBA - Lead Advisor with the BizBen.com ProSell Program discusses critical steps to prepare a small to mid-sized business including: which documents will be needed, key advisors to have involved, pricing the business, and how to attract the right business buyers to your listing.
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.
