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
$1,200,000
Down
$30
Posting: 285117 | Available | 2/12/24
For sale is a great prime location on heavy traffic street. This is a high-volume liquor and grocery store with over $100,000 in sales per month. It has a very low rent with a long-term lease and short hours. There is great potential for more sales with longer hours. It is SBA loan prequalified.
Asking Price
$750,000
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
Call/Email
Revenue
$900,000
Down
$300,000
Posting: 285032 | Available | 2/6/24
For sale is a liquor and wine shop that has been under the current ownership for over 17 years at the same location. It is in a high-end area with many residential buildings behind the store. There is only street parking. There is no competition in the area and also no EBT at the location.
Asking Price
$575,000
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
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
$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
$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
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
$960,000
Down
Call/Email
Posting: 284489 | Available | 1/3/24
For sale is a liquor store located on a very busy street with large parking space. It's not too far from Los Angeles Airport. There is one unit residence attached. Sales included property. The lot is +13,269 sq. ft. The building is 2,800 sq. ft.
Asking Price
$2,950,000
Cash flow
$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
$480,000
Revenue
$1,100,000
Down
$450,000
Posting: 278175 | Available | 12/12/23
For sale is a highly profitable liquor store in the Bay Area. Rent is $5,500 including NNN and water, but not garbage. They also have a net profit check cashing of $10,000/m, a net commission lotto of $3,000/m, a food truck net income of $40,000/m, and their net profit is $400,000/yr.
Asking Price
$450,000
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
Call/Email
Down
Call/Email
Posting: 283308 | Available | 12/7/23
For sale is a high-volume liquor store in Modesto, CA. Store sale - $140,000/m. Lotto/Lottery - $2,500/m. ATM income - $700/m. Inventory will come separately at a cost.
Asking Price
$1,400,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 275329 | Available | 12/7/23
Great opportunity to buy a liquor store with solid sales and a track record for sale in San Jose, CA. This store has a great operating history of over 30 years. Inventory is not part of the purchase price. It will be counted separately at the close of escrow. The store is eligible for SBA financing.
Asking Price
$800,000
Cash flow
$335,000
Revenue
$2,000,000
Down
Call/Email
Posting: 284005 | Available | 11/23/23
This is a well-established franchise C-store located on a busy intersection with excellent visibility in Contra Costa County, California. The seller has decided to sell due to family time management. This business is doing exceptionally well in sales, with an enormous upside.
Asking Price
$549,900
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
$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
$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
Call / Email
Revenue
$850,000
Down
$125,000
Posting: 276891 | Available | 10/16/22
For sale is a well-established liquor store in a busy residential area with the seller willing carry most of the purchase price. With SBA rates headed towards 10%, the seller is willing to carry for less. The monthly sales are $70,000, the rent is $3,500 per month. The buyer would only $125,000 down
Asking Price
$350,000
Cash flow
Call/Email
Revenue
$804,000
Down
$400,000
Posting: 284981 | Available | 3/29/24
Established for over 21 years, this liquor and check cashing business, including the property, is up for sale as the owner is looking to retire. Spanning 1,600 sq. ft., the property features front parking for 3 cars, making it easily accessible. Currently operating 8-9 pm with no ABC conditions.
Asking Price
$1,199,000
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
$180,000
Revenue
$1,920,000
Down
Ask
Posting: 276833 | Available | 11/2/22
7-Eleven is one of the world's biggest and the most popular retail chains of convenience stores and 7-Eleven's top priority has always been to give customers the most convenient experiences possible to consistently meet their needs. 7-Even aims to be a one-stop shop for consumers
Asking Price
$420,000
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
Call/Email
Down
Call/Email
Posting: 280738 | Available | 5/15/23
Excellent Liquor Store For Sale. The store is currently doing around $65,000 a month in gross sales per seller. The current Business owner has been at this location for over 22 years.
Asking Price
$475,000
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
$200,000
Revenue
$690,000
Down
$25
Posting: 264173 | Available | 6/27/22
This store sales beer & wine license with property and 4 bed 2 bath house (different parcel). This store's margin is 40-45%. The store located a densely populated area. The store size is 2,600 sq.Lottery and scratches incomes $2,600 and house rental income is $2,100. SBA is available.
Asking Price
$1,650,000
Cash flow
$96,000
Revenue
$480,000
Down
$150,000
Posting: 282781 | Available | 9/12/23
The liquor store near FWY 5 and 134 is for sale. The business is located in a small shopping center. The lease is 3 years left and rent is currently $3,678 per month. Store opening time is currently from 8 AM to 9 PM. The size of the store is 1,900 SF.
Asking Price
$220,000
Cash flow
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
$500,000
Posting: 277051 | Available | 10/24/22
For sale is a liquor and grocery store doing about $150k/month in store sales plus about 10k gallon/m at almost a $1/gallon margin. The profit from gas pays the rent. There is a laundromat on the premises that if remodeled can bring in additional income. This business has almost no competition.
Asking Price
$1,250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$185,000
Posting: 275977 | Available | 6/12/23
This is a liquor store business located on the busy street of the town in San Joaquin County, CA. It recently added Type 21 off sale, with general included. The store sales are up to $25,000 per month. It has good margins and reasonable rent. It is a good size store.
Asking Price
$185,000
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
$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
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
N/A
Revenue
N/A
Down
N/A
Posting: 275432 | Available | 8/6/22
Value of San Francisco Type 47 liquor licenses have been selling at $235,000. Seller is asking only $210,000. Asset Sale. Restaurant has closed. Liquor License is for sale. License can be moved throughout San Francisco. San Francisco liquor licenses are sought after, so the cost (Demand) is high.
Asking Price
$210,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285549 | Available | 3/6/24
This a type 21 ABC license for sale in the county of KERN County. Asking price is $180,000 plus fees.
Asking Price
$180,000
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
$349,000
Cash flow
$70,000
Revenue
$400,000
Down
Cash
Posting: 274399 | Available | 3/22/23
This is a liquor store for sale in Lomita, CA. The seller has owned liquor for 25 years, The seller has retired. The average gross sale was $35,000 in 2021 year. The size is 2,000 sq ft. It has lots of potential and room for growth. The current owner of the building wants to renovate.
Asking Price
$90,000
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
Call/Email
Revenue
$960,000
Down
$750,000
Posting: 282154 | Available | 3/29/24
For sale is a liquor and wine shop with parking space in a good part of West Los Angeles. It must be a cash purchase only. Other information will be provided later. 100% Employees run with 2 full time and 1 part time. Great safe location with the parking lot back of the liquor store.
Asking Price
$750,000
Cash flow
$70,000
Revenue
$600,000
Down
$100,000
Posting: 277848 | Available | 12/14/22
Well established money making store with long ownership record is up for sale.
Asking Price
$259,000
Cash flow
Call / Email
Revenue
$1,600,000
Down
Call / Email
Posting: 273967 | Available | 6/27/22
This store sales liquor store with property for sale in Los Angeles, CA. This building is a free standing with big parking lot. Monthly sales revenue is around $135,000.The Lottery income is over 50,000/year. Asking price is $2.35million. All of this information was given by the seller.
Asking Price
$2,350,000
Cash flow
$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
$240,000
Revenue
$1,260,000
Down
$500,000
Posting: 284360 | Available | 3/29/24
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
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
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.
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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 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
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
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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.
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!
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.
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.
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 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.
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.
Peter Siegel, MBA - BizBen.com & SBALoanAdvisors.com Founder discusses the difference between a hands on owner and an absentee owner. It covers why someone would want to be an absentee owner and then goes on to discuss the pros and cons of buying an absentee run small to mid-sized business.
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.
Peter Siegel, MBA discusses buyers who want to buy a business or franchise know about asking the seller to provide part of the financing with a carry-back note. Many business buyers need some cash to help fund the down payment and for working capital. Here are four ideas about how to get that money.
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.
Peter Siegel, MBA - BizBen Founder & Director of the ProBuy/ProSell Programs explores why earnest money deposits when opening escrow (and bulk sale) serve several important purposes when buying or selling a small business in California. For Buyers not offering a realistic deposit may be a problem.
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.
