Status: Off The Market
Posting ID: 236979
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Asking Price
NOTE: This BizBen Posting #236979 Mobil Gas Station Car Wash - Real Estate in Long Beach, Los Angeles County is currently INACTIVE Today (Either: It's In Escrow, It's Sold, or Is Off The Market Temporarily) - Please See Today's ACTIVE Postings below that match this posting's attributes. For your convenience there are also helpful links below to assist you in your search to buy or sell a small to mid-sized business that matches your criteria. Thank you for using BizBen.com.
Attributes:
Posting: 261419 | Available | 4/27/24
I am seeking car washes and laundromats. I specialize in coin-operated carwashes with land In the last three months closed all cash escrows for a total of four self-serve carwashes with land and laundromats. I represent multiple clients who know that these businesses might not have financials.
Cash flow
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Revenue
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Down
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Posting: 285216 | Available | 2/16/24
For sale is a car wash with property in LA county. The lot is 13,500 sq ft. There is good potential to convert it to an express car wash. It is in a high traffic area. The asking price is $2.2 million.
Asking Price
$2,200,000
Cash flow
Call/Email
Revenue
$800,000
Down
$900,000
Posting: 280759 | Available | 9/26/23
This is a long-established car washing business in the Northern part of Los Angeles County. It has long lease terms and the owners are retiring. This is good potential for experienced operators. Please come to the office for additional information. The location will not be provided over the phone.
Asking Price
$900,000
Posting: 272833 | Available | 4/30/22
I am looking for express car wash with property in Los Angeles, Orange, Riverside County. The range of purchase price is 5 Million to 15 Million. Down payment will be 3 Million to 10 Million and SBA Loan.
Cash flow
Call
Revenue
$900,000
Down
25% to 30%
Posting: 245344 | Available | 10/7/20
Exclusive listing for full service and its property at good location of Valley Area in Los Angeles county. Exclusive listing for full service car wash and its property at excellent location, that produces $85,000. monthly gross.
Asking Price
$3,400,000
Cash flow
$120,000
Revenue
$660,000
Down
Call/Email
Posting: 286253 | Available | 4/24/24
For sale is a market in a shopping center located on a busy street. It has a very large front parking area, and is very easy to enter and exit and is a good place for business. The store size is approximately 3,000 SF. The lease is 5 years plus 5 years option.
Asking Price
210,000+ Inv
Cash flow
N/A
Revenue
N/A
Down
$225,000
Posting: 284291 | Available | 4/30/24
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
$156,000
Revenue
$792,000
Down
$200,000
Posting: 283673 | Available | 11/3/23
This is a beer and wine market near FWY 110 for sale. The location is in North Los Angeles area. The store opens from 8:00 AM to 10:00 PM weekdays and from 8:00 AM to 11:00 PM on Saturdays. The size of the store is about 2,200 SF and rent is $2,500/m gross. The owner wants to rest.
Asking Price
$300,000
Cash flow
$215,000
Revenue
$1,150,000
Down
$500,000
Posting: 286299 | Available | 4/27/24
The grocery store is well established and organized, with a meat, produce, and beer & wine license. The area includes many apartment residential customers and commercial and business establishments. The restaurant is ready to serve, equipped with a hood and grill inside the store.
Asking Price
1,800,000+ Inv
Cash flow
$70,000
Revenue
$600,000
Down
Call/Email
Posting: 208944 | Available | 1/4/24
This is a great opportunity to own a business. With a 60-year history, this is one of the first Alta Dena market drive-thrus opened. They have a beer & wine license. This is a great business with very low rent. The gross sales are about $30k/month + $35k in lotto. The rent is $2,517 + NNN.
Asking Price
$129,000
Cash flow
Call/Email
Revenue
$2,880,000
Down
$560,000
Posting: 285506 | Available | 4/22/24
This shopping center houses an anchor supermarket, boasting ample parking directly in front of the establishment. It has a great parking lot. The seller is the landlord of the business. Staffing typically consists of 7 full-time employees and 2 part-time employees.
Asking Price
$1,499,000
Cash flow
$60,000
Revenue
$270,000
Down
Cash Only
Posting: 279964 | Available | 3/30/23
For sale is a grocery/market with lots of potential and sales continue to increase. There is no meat, or produce, and they do not take EBT. It is easy to run. open hours are only from 10 am-8 pm. Rent is $2,000 for the 1,800 sq ft. The lottery income is $600-700 per month.
Asking Price
$70,000
Cash flow
$400,000
Revenue
Call/Email
Down
Call/Email
Posting: 275009 | Available | 3/5/23
For sale is a popular liquor store & check cashing location on a busy major street. There are 20 walk-in coolers in the 4,620 sq ft. space. The lot size is 5,724 sq ft. It has excellent profit, as they also do lottery and so on. You can buy the business only or with the property.
Asking Price
$3,750,000
Cash flow
$228,000
Revenue
$938,300
Down
$1,000,000
Posting: 284510 | Available | 3/9/24
For sale is a well-established carwash business with big potential. It is a 100% owner-absentee business in the Long Beach area. The previous seller run the business very actively and used to make $93k per month 4 years ago. The current seller has no time to run this business. 1 mil cash down only
Asking Price
$1,200,000
Cash flow
Call/Email
Revenue
$800,000
Down
$1,250,000
Posting: 286193 | Available | 4/19/24
Are you searching for a prime investment opportunity in the heart of Lancaster, CA? Look no further! We present to you an incredible chance to own the renowned Shell Gas Station located in Antelope Valley.
Asking Price
$4,999,000
Cash flow
Call/Email
Revenue
$1,920,000
Down
$300,000
Posting: 284222 | Available | 4/22/24
In the busy shopping center with ample parking space in front of the businesses, this is a meat, produce, and beer & wine market. It is employee-run (7) with 1 manager. The area is in a 100% Hispanic neighborhood. It is a prime location for the Latino market. Business hours are 7am-9pm.
Asking Price
$639,000
Cash flow
Call/Email
Revenue
$6,000,000
Down
$1,250,000
Posting: 283096 | Available | 4/9/24
This is an international supermarket for sale. The 8,000 sq. ft market is located in a huge shopping center on a major street that was established over 35 years ago. They sell meat, fish, Sushi, bakery, produce, restaurant, catering and much more. This is a great location.
Asking Price
$1,250,000
Cash flow
$192,000
Revenue
$1,032,000
Down
$35
Posting: 285909 | Available | 3/30/24
This is a busy liquor store in the South Bay area for sale! There is enough room to add up more inventory to increase sales. The rent is reasonable and it makes very good extra income from the lottery and scratcher. The reason to sell are due to the health issues of the retiring owner.
Asking Price
$570,000
Cash flow
Call/Email
Revenue
Call/Email
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Call/Email
Posting: 273657 | Available | 5/23/24
This is a 10-year established beer and wine market store for sale in Los Angeles. They sell all kinds of snacks, wine, beer, tobacco products, and other household items. The lease amount is $2,500 with a long-term lease in place. There is no hard liquor license, just a Type 20 license.
Asking Price
$300,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 276264 | Available | 9/12/22
Beer and wine market. Sales are $42,000/month. Semi-absentee run. Extra income is $37,500/year from lotto. Rent is $2,500. Current owner has ran for 17 years. Number of parking spots. Business hours are 8:30am - 9:30pm. Located in Los Angeles. Hispanic area. Good for first time buyer.
Asking Price
$195,000
Cash flow
$60,000
Revenue
$660,000
Down
$150,000
Posting: 276559 | Available | 12/19/23
Liquor business with value for money is for sale. The business is run by employees and the current opening time is from 8 AM to 10 PM. The buyer will have a new lease and the rent was fixed for the last 10 years at $2,550 per month gross.
Asking Price
$249,999
Cash flow
Call/Email
Revenue
$2,100,000
Down
$400,000
Posting: 285426 | Available | 5/3/24
For sale is a Hispanic market with beer and wine in Los Angeles County, California. The seller is willing to carry a note with $400,000 as down payment carry the rest over 2 years @ 8% per year. The buyer can do up to 3 weeks of in-store observations to verify sales and income.
Asking Price
$575,000
Cash flow
$120,000
Revenue
$780,000
Down
Call/Email
Posting: 285983 | Available | 4/4/24
Here is a wonderful drive-thru beer market that has great potential and is at a good location in Los Angeles County. If any prospective buyer has experience or owns the same kind of business, this would be much better for them. Monthly sales are about $65,000.
Asking Price
$269,000
Cash flow
$250,000
Revenue
$2,000,000
Down
$35
Posting: 273626 | Available | 4/22/22
This store sales beer & wine with meat and produce market. Free standing building and ample parking lot. This store located at South bay area. Reason for selling is the owners wants to retire. same owner for 20 years. Sales volume average 160,000. Margin will be over 50% except beer and cigarett
Asking Price
$800,000
Cash flow
$120,000
Revenue
$504,000
Down
$30
Posting: 270544 | Available | 1/28/22
East LA located, Well managed Beer & Wine Market for sale! 100 % Hispanic area in most densely populated in LA, easy operation and good margin. Low rent ! Perfect store for the first time market owner!
Asking Price
$139,000
Cash flow
$200,000
Revenue
$420,000
Down
$800,000
Posting: 286192 | Available | 4/19/24
This car wash was newly remodeled in 2022 with state-of-the-art equipment. It is strategically located next to IN-N-OUT Burger on a major off-ramp Fwy-14. There is additional rental income from window tint and U-Haul services.
Asking Price
$2,399,000
Cash flow
Call / Email
Revenue
Call / Email
Down
$1,300,000
Posting: 262975 | Available | 10/10/20
Exclusive Listing, Coin laundry combined with 4 bays coin car wash at 21,000. Sqf. lot in major Blvd. Newly built up 20 months ago, monthly gross sales have been increasing gradually since its opening, and upside potential for the future. 1031 Exchange is possible. Owner has not been working there.
Asking Price
$6,100,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$500,000
Posting: 284524 | Available | 1/5/24
The seller has run this store for 5 years and it is an employee-run store only. This is for real estate. It is close to Koreatown in Los Angeles, CA.
Asking Price
$2,150,000
Cash flow
$175,000
Revenue
$525,000
Down
$300,000
Posting: 276123 | Available | 5/23/24
Must see a 100% wet cleaning plant located in West Hills near high-income Woodland Hills, Calabasas, and Bell Canyon. This is an 11 year-old, 1,200 sq. ft. plant, including shirt laundry. Most of the equipment is newer. No chemicals -- environmentally safe -- all work done in-house.
Asking Price
$500,000
Cash flow
Call/Email
Revenue
$960,000
Down
Call/Email
Posting: 286537 | Available | 5/19/24
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
$4,500,000
Down
Call/Email
Posting: 285309 | Available | 5/22/24
Situated at a prime corner spot on a bustling main block in Los Angeles, this establishment resonates with rich global influences, creating a unique and inviting atmosphere. Boasting adaptable space accommodating up to 140 guests, the venue features timeless design elements.
Asking Price
$825,000
Cash flow
$200,524
Revenue
$1,314,394
Down
$285,000
Posting: 285041 | Available | 5/23/24
This greater Silverlake/Glendale area market combines a carefully curated assortment of natural and organic wines, beers, spirits and beverages, food, merchandise and home goods with organic produce, breads and specialty provisions sourced locally to ensure freshness.
Asking Price
$285,000
Cash flow
$74,842
Revenue
$142,544
Down
$125,000
Posting: 280801 | Available | 5/22/24
This female athleisure-activewear brand focuses on functional fitness clothing that celebrates each of its client's unique features. The brand delivers eco-responsible luxury and comfort designed for everything from high-powered workouts to afternoon dog walks and errands (and in between!).
Asking Price
$125,000
Cash flow
$72,000
Revenue
$216,000
Down
Call / Email
Posting: 277048 | Available | 1/12/23
Well established and located in the upscale neighborhood of Beverly Hills, LA County. Fully equipped. Alteration & Laundry services are offered. 2000sf store size
Asking Price
$129,000
Cash flow
$519,390
Revenue
$3,620,497
Down
$1,650,000
Posting: 277604 | Available | 11/14/23
This acclaimed wholesale bakery with a retail component is a category leader when it comes to the accolades and media attention bestowed upon it. The wholesale side of the business generates nearly $3M in annual revenues, while the retail side contributes nearly $1M in revenues.
Asking Price
$1,550,000
Cash flow
$150,600
Revenue
$486,000
Down
Call/Email
Posting: 285957 | Available | 4/2/24
This is an auto supply shop that has been operating in one location for over 40 years located in Los Angeles with over 85% of walk-in clients and a very high cash flow about 95%. Not much delivery with easy and simple operation, no hardship for managing employees.
Asking Price
$49,000
Cash flow
$300,000
Revenue
$1,260,000
Down
Call/Email
Posting: 280289 | Available | 4/20/23
Liquor Store with the Property near LAX. The asking Price is $2,100,000. Gross Sales $1,260,000 / yr. Net Profit $300,000 / yr. Property Lot size: 9,085 sq ft. Parking Space: 15. Potential if adding EBT.
Asking Price
$2,100,000
Cash flow
$240,000
Revenue
$900,000
Down
Call/Email
Posting: 279122 | Available | 7/16/23
This is an auto repair and smoke check maintenance shop for sale. It has had the same owner for 28 years, and the owner wants to retire. It is located in a free-standing building with low rent and a good lease. The shop is open 6 days. The technicians are ASE certified.
Asking Price
$390,000
Cash flow
$510,000
Revenue
$9,000,000
Down
All Cash
Posting: 283259 | Available | 2/6/24
This is a major brand gas station for sale pumping $210,000 gallons at an average 30-35 margin and the market (beer and wine) is doing about $30,000 at a high margin. There is potential to do a lot more. There are 6 years left on the lease. It is in a great, safe west-side area on a busy street.
Asking Price
$2,550,000
Cash flow
Call/Email
Revenue
$150,000
Down
$250,000
Posting: 284564 | Available | 1/8/24
For sale is a beer & wine drive-in thru market in a good location with short business hours (8am~7pm). Time extension would bring higher potential. It has been a semi-absentee operation for more than 20 years. The sales are $65,000/month. Rent is $4,300 including NNN.
Asking Price
$250,000
Cash flow
$165,650
Revenue
$1,650,365
Down
$385,000
Posting: 283646 | Available | 12/14/23
For sale is a retail/compounding pharmacy in the picturesque Malibu, Los Angeles County, California! It has been well-known in the community since 2013. It is conveniently located on a commercial plaza off of heavy Pacific Highway's traffic. Seller financing is available!
Asking Price
$385,000
Cash flow
$150,000
Revenue
$549,000
Down
$150,000
Posting: 286553 | Available | 5/13/24
This highly profitable commercial dealership specializing in Echo, Stihl, Kawasaki, and Honda equipment is now on the market in South Pasadena. With a solid foundation spanning over 24 years, the business boasts a broad client base that includes both large and small landscapers, golf courses.
Asking Price
$150,000
Cash flow
Call
Revenue
Call / Email
Down
$100,000
Posting: 250039 | Available | 10/26/20
Beauty Supply Shop for sale. Includes the Inventory, Fixtures, Furniture, & Equipment. Monthly rent $3,000.
Asking Price
$100,000
Cash flow
N/A
Revenue
N/A
Down
$2,950,000
Posting: 283090 | Available | 3/26/24
We present a remarkable opportunity to acquire a well-established auto repair shop, complete with its free-standing building boasting 8 lifts (2 currently not in operation) and a top-notch alignment rack. Nestled in an upscale residential area with a thriving community.
Asking Price
$2,950,000
Cash flow
Call/Email
Revenue
$306,000
Down
Negotiable
Posting: 276269 | Available | 5/2/24
Owner-operator opportunity for a mailbox rental, shipping, & live scan fingerprinting store near Topanga Canyon Blvd., south of 118 highway. It provides notary services, as well as key-making, and sells gift items. In this high-traffic busy shopping center over 25 years. Terrific, 12+ year lease.
Asking Price
$325,000
Cash flow
$1,000
Revenue
$2,000
Down
Call/Email
Posting: 284251 | Available | 12/11/23
Discover this exciting opportunity to own the already-built foundation of a high-end skincare line, now on the market, complete with an esteemed trademark and a robust digital footprint on Amazon and DTC website. This acquisition offers unparalleled growth potential in the booming beauty industry.
Asking Price
$30,000
Cash flow
$102,000
Revenue
$360,000
Down
$50
Posting: 285408 | Available | 4/3/24
The current owner has run this business for around 7 years. It has been established over 40 years. It has 2,300 SF of space with a storage room and is well-organized in products. There are lots of regular costumers and there is a beauty salon subleased. They have good lease terms and conditions.
Asking Price
25,000+ Inv
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
$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
$180,000
Revenue
$720,000
Down
Call/Email
Posting: 286507 | Available | 5/9/24
A well-established smoke shop, located in a great shopping center near Arcadia and Duarte, is currently a steady and profitable business. The owner is planning to retire. The gross sales amount to $60,000 a month, making this a good opportunity for potential buyers.
Asking Price
$185,000
Cash flow
$120,000
Revenue
$780,000
Down
Call/Email
Posting: 285983 | Available | 4/4/24
Here is a wonderful drive-thru beer market that has great potential and is at a good location in Los Angeles County. If any prospective buyer has experience or owns the same kind of business, this would be much better for them. Monthly sales are about $65,000.
Asking Price
$269,000
Cash flow
Call / Email
Revenue
$265,000
Down
Call / Email
Posting: 277121 | Available | 1/24/23
This is an excellent opportunity to own a flower shop in San Gabriel Valley. Training and support will be provided to the buyer. Owner financing is also possible as well. The annual gross sales were $265,000 and the asking price is $120,000.
Asking Price
$120,000
Cash flow
$449,157
Revenue
$1,509,739
Down
Call/Email
Posting: 283105 | Available | 2/8/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,300,000
Cash flow
Call/Email
Revenue
$960,000
Down
$750,000
Posting: 282154 | Available | 4/29/24
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
$288,436
Revenue
$2,340,330
Down
Call/Email
Posting: 285699 | Available | 3/18/24
Now is your chance to acquire a profitable, 14+ yr. established auto parts e-commerce business selling on Amazon, eBay, and Walmart! This e-commerce business is unique because it has its own branded stores on Amazon with UPC Exemptions (not FBA), as well as lots of feedback history.
Asking Price
$850,000
Cash flow
Call/Email
Revenue
$1,320,000
Down
$2,000,000
Posting: 282793 | In Contract | 9/12/23
Long-established liquor store business with retail units. Major street location. Safe area. Liquor store plus 2 additional tenants. Good margins. Currently no EBT (potential if added). Plenty of street parking.
Asking Price
$2,900,000
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
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
Before you buy a dry cleaners small business, read these critical tips about this industry. Discover why a dry cleaner needs to be "green" to be profitable. Peter Siegel, MBA (BizBen ProBuy, ProSell Program Advisor) explores this topic and other helpful strategies on buying a dry cleaning store.
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Most people who think they want to buy a gas station don't realize that finding the right business to own in this industry and determining its fair price pose more complex problems than buying a fast food franchise, retail store or most types of businesses. There are many variables to consider.
Does Location matter when purchasing a liquor store for sale? Some experts believe that while it is still important, location is not AS important in the liquor store business as it is with other retail businesses. I think there is a case for both sides of the argument. Let's find out who is right.
Buying a pharmacy takes a lot of planning and research as it is not like buying a traditional commercial business. There are many government regulations to take into consideration, as well as financial considerations to plan. Here is what you need to know about the industry before you buy.
Californians who buy smoke shops can enjoy profitability if the businesses are chosen carefully. Despite the anti-smoking movement, enterprises that sell cigarettes, cigars and smoking paraphernalia serve a market that remains substantial. But it's important to understand your purchase options.
Each day, more than 10,000 Baby Boomers turn 62. Around this age, Americans, many of which are small business owners, start to think about their exit strategy from the workforce. For a small business owner, the process can be complex and their decision to retire has an impact on many others.
If you are looking at California smog shops with the idea of buying one in order to have your own business, you'll be pleased to know this type of company can be quite profitable if operated properly. To get the best return on your investment in this business, plan to work as the test technician.
People think of recycling and think of a facility that recycles trash. While this is true a large facility is expensive to open and operate. With that said, in this post, I will focus on 3 small business opportunities in the recycling industry that are more manageable for the average entrepreneur.
Any deal when selling a business tends to have a life of its own. Joe Ranieri discusses a restaurant deal in Orange County that has had many twists and turns. This article shows what types of issues can and do come up when selling a business or in this case a restaurant.
In The New Economy that we are buying and selling and businesses in, finding funding can be the most challenging part of a sale. Many buyers will have limited funding and need to finance a good portion of the sale but what happens when a buyer has NO money? Peter Siegel with BizBen explains how.
Owners often ask agents to sell business offerings for them. It's usually more difficult than selling houses when working to find a buyer for a business, to satisfy contingencies and close escrow. Business sales intermediaries either agents or brokers may want large fees, but often are worth it.
There are a handful of key asset categories in allocating or breaking down the purchase price allocation of a business sale. The allocation is required to complete the transaction. Lee Petsas, a Southern California business broker reviews this topic in detail for buyers and sellers of businesses.
Californians who want to buy a mailbox and packaging store serving individuals as well as the growing market of small businesses can benefit from several profit centers as these enterprises offer a variety of services. It's a good idea to know some facts about the business before making an offer.
In an advanced, technologically savvy era, virtually anything can be done, purchased or explored via cyberspace. As the market continues to expand and flourish, eCommerce owners can continue to reap in the selling of their online businesses. Peter Siegel, MBA (BizBen Director) explores this topic.
When buying an eCommerce business several factors come into play: market position, competition, growth areas, recurring customer base factors and ratios, etc. On this BizBen blog post Peter Siegel, MBA (BizBen Director, Financing Expert) addresses some of these eCommerce factors for business buyers.
The process for making a liquor license transfer used to take approximately 55-70 days, but now because of labor shortages and work protocols, it can be up to 3 months in California, for example. The longer an escrow is open, the greater the chance of having it fall out of escrow.
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.
Buying a gas station can be a profitable business. From my experience, here are the pros & cons of buying a gas station that I share with BizBen ProBuy Buyers when they come to me to to get pre-qualified for financing to buy a gas station (with or without real estate). I discuss all these factors.
How much money should you expect to make when buying an automatic car wash? Peter Siegel, MBA (BizBen ProBuy Program Director and Business Purchase Financing Expert) explains with other brokers, intermediaries, and advisors info on this topic.
This is a hard question to answer specifically without any knowledge of the business. What kind of car wash it is (auto, self-serve, or full service)?, How many bays does the car wash have? Is there any other streams of revenue? We discuss this topic regarding car washes on this BizBen Discussion.
Before purchasing a car wash (quick serve or full serve) you must understand that the industry as a whole will provide you with plenty of competition. More importantly, depending on what your interests are, you will identify what type of car wash you want. We discuss this all in this Discussion.
Doing due diligence when buying any type of business is extremely important. Regardless of what type of business you are buying there are certain things you will always look at such as, financials, equipment, legal issues etc. We take a look at several angles for optimal gas station due diligence.
Butcher shops, once a vestige, are increasingly becoming popular again in many metropolitan and suburban cities. In this Discussion Post on BizBen, Joe Ranieri (Orange County & LA County Business Broker) discusses various issues of buying a butcher shop and what that entails for business buyers.
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.
Can a seller of a small business back out of an ongoing escrow? Probably, yes, it all depends how far along the escrow is, which will dictate how messy things will get for both owner & buyer. Joe Ranieri (Southern California Business Broker) gives his feedback with others on this BizBen Discussion.
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.
Changing hands of business ownership can seem both exciting and daunting to all parties involved, but it's important that a smooth transition occurs to maintain or achieve success of the business. Here are some tips I recommend ensuring things go smoothly when buying a California small business.
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.
Should small business owners/sellers or brokers/agents give potential buyers direct access to past company tax returns and financials (profit & loss statements) either before or pre the due diligence process? Multiple ProIntermediaries and ProAdvisors discuss this topic on this BizBen Discussion.
When seeking SBA loan financing many potential business buyers have wrong information about the process of securing the best financing to buy a business. Peter Siegel, MBA a business purchase financing expert delves into the myths regarding SBA financing and business purchase financing.
We're hearing more and more about "crowd funding" through sites like gofundme and kickstarter as a possible way to raise the cash needed to buy a small business. This method of collecting funds has proven successful in other kinds of situations. Could this strategy work when buying a small business?
We all understand the idea of paying too much for a small business. But is there such a thing as not paying enough? That seems like an odd notion, but I'm familiar with situations in which a buyer acquired a small business for a figure substantially under what probably was market value.
Overpricing is the number one mistake sellers and their brokers make when putting businesses on the market. Even profitable, well-managed businesses can get buried under a bad number. Brian Loring (Los Angeles County Business Broker) discusses "the tangible trap" and how to avoid it when selling.
A huge part of any exit strategy is properly planning for that moment in time when employees find out the business is for sale or, preferably, has been sold. Your workers have been kept in the dark for as long as possible. Some won't be a bit surprised. Others may be devastated.
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.
