Status: Off The Market
Posting ID: 257562
Call / Email
Asking Price
NOTE: This BizBen Posting #257562 Congregate Living Health Facility in Bel Air, Los Angeles Area 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:
Cash flow
$27,568
Revenue
$157,650
Down
$255,250
Posting: 281165 | Available | 12/23/23
This is an excellent opportunity to obtain a working Home Health Care Agency in the Glendale/Burbank area of San Fernando Valley of Los Angeles County. DHS License and ACHC accredited Medicare Provider License and CDPH license. According to the seller, the Agency was established 3 years ago.
Asking Price
$255,250
Cash flow
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Revenue
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Down
$180,000
Posting: 285054 | Available | 3/14/24
Are you ready to take the reigns of a ready to bill skilled home health agency in Pasadena, California (Los Angeles County)? Look no further! Situated in the heart of Pasadena, this well-established home health business enjoys proximity to renowned healthcare facilities and a vibrant community.
Asking Price
$180,000
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Posting: 285522 | Available | 5/2/24
For sale is a hospice agency located in the San Fernando Valley Area, Los Angeles County. It is Health Department licensed (CDPH License). It was originally licensed in 2020 and it is Joint Commission Accredited.
Asking Price
$350,000
Cash flow
$514,000
Revenue
$790,000
Down
$1,100,000
Posting: 268831 | Available | 4/5/24
Over three decades in business, this medical practice has over 4,600 chars and a great reputation. Its current location has been in a larger medical building since 2014. It has 3 exam rooms, 2 consultation rooms, one EKG room, and one procedure room. The lease lasts until June 2024.
Asking Price
$1,600,000
Cash flow
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Revenue
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Posting: 284070 | Available | 5/10/24
Here's your chance to acquire a thriving Home Health Agency in Los Angeles, California. With impressive revenue figures, full Medicare census, prestigious contracts, and accreditation, this agency is primed for success.
Asking Price
$1,800,000
Cash flow
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Revenue
$1,928,000
Down
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Posting: 283214 | Available | 3/5/24
For sale is a well-established Congregate Living Facility (CLHF) located in San Fernando Valley, Los Angeles County. It is licensed by CDPH for 12 residents with 6 semi private rooms. It is extremely hard to obtain a 12 bed license! They have multiple established insurance contracts!
Asking Price
$1,700,000
Cash flow
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Revenue
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Down
$30,000
Posting: 285511 | Available | 3/5/24
Low price! This is an opportunity to purchase a Home Health Agency in the city of Santa Clarita. What makes this agency unique? This agency allows the buyer the opportunity to bypass the wait time and initial capital expenditure in starting an agency from scratch. This agency is not accredited.
Asking Price
$30,000
Cash flow
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Revenue
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Posting: 275791 | Available | 2/26/23
This Sherman Oaks area home-health care agency provides high-quality home-health care services to promote health and improve its client's quality of life. The services they offer include nursing, physical therapy, occupational therapy, speech pathology, medical social and home health care.
Asking Price
$250,000
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Revenue
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Posting: 285906 | Available | 5/4/24
For sale is a DHS hospice license. It is brand new, has never been operated,can transfer 100% shares to new owner. It can be relocated. There will be assistance available for CHOW, CHOL, accreditation and/or operation if needed.
Asking Price
$155,000
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Revenue
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Posting: 283213 | Available | 5/6/24
For sale is a brand new Home Health Agency located in the neighborhood of Van Nuys, Los Angeles County. The asking price is $159,000. It is Health Department licensed (CDPH License) and is ACHC accredited, The provider number (PTAN) is in hands and ready for billing! The tie-in notice is ready.
Asking Price
$145,000
Cash flow
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Revenue
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Posting: 285418 | Available | 5/11/24
With a fully executed Triwest Contract, this is a mental health, PHP, IOP rehab center located in Los Angeles. Credentialed with most major insurance companies. It has a 2,500 sq ft. office, good for 35 clients in office. VA contract can support online clients as well as in person.
Asking Price
$650,000
Cash flow
$535,000
Revenue
$2,300,000
Down
$1,400,000
Posting: 285779 | In Contract | 3/21/24
We have an excellent opportunity to acquire an existing legacy Joint Commission accredited and operating home health agency located in Los Angeles County. This agency is a perfect fit for anyone looking to scale their current operation or those looking at entering the home health market.
Asking Price
$1,400,000
Cash flow
N/A
Revenue
N/A
Down
$139,000
Posting: 285773 | Available | 5/14/24
This hospice (first license only) is located in Long Beach, CA, away from the saturated valley. It is ready to call for the final survey, read for the 'ready letter'. It has an amazing office space with three private rooms and incredibly low rent! It has a secure office building complex.
Asking Price
$139,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 280612 | Available | 3/13/24
This is a home health agency state license (ACHC) accredited for sale in the city of Glendale. The license is relocatable. The license was approved in May 2023. It is ready to apply for second accreditation. The office space price monthly is $1,200 and it's month to month.
Asking Price
$27,000
Cash flow
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Posting: 284101 | Available | 3/5/24
For sale is a brand new Home Health Agency located in the neighborhood of Van Nuys, Los Angeles County. The asking price is $150,000. It is Health Department licensed (CDPH License). The provider number (PTAN) is in hands and ready for billing! The tie-in notice is ready.
Asking Price
$150,000
Cash flow
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Revenue
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Down
$50,000
Posting: 285040 | In Contract | 3/14/24
We have an amazing opportunity to acquire a low cost ($50,000) fully licensed home health agency located in Burbank (Los Angeles County). The seller is in the healthcare industry, and she had initially intended to operate this agency but is now selling it.
Asking Price
$50,000
Cash flow
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Revenue
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Posting: 286491 | Available | 5/9/24
For sale is a well-established Adult Day Care Center (ADHC) and banquet hall business located in the area of North Hollywood, Los Angeles County. Both businesses occupy the same building. This is a very unique opportunity to purchase two of the very desirable businesses located in the heart of LA.
Asking Price
$4,500,000
Cash flow
$681,940
Revenue
$1,082,086
Down
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Posting: 278994 | Available | 2/10/23
The specialty of this company is helping healthcare providers operate at peak financial and staffing efficiency and maximize profitability. Nursing homes and skilled nursing facilities, be they niche rural or nationwide operations benefit from the expertise and insights of these experts.
Asking Price
$2,200,000
Cash flow
N/A
Revenue
N/A
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Posting: 279595 | Available | 3/14/24
We have an Accreditation Commission for Health Care (ACHC) home health agency ready to bill. The agency was begun in December 2018 and it received its initial CDPH (California Department of Public Health) license in August 2019.
Asking Price
$220,000
Cash flow
Call/Email
Revenue
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Down
$350,000
Posting: 286560 | Available | 5/14/24
This well-established outpatient hospice care agency, which has been operating since April 2014, is now available for sale. It is accredited by JACHO (Joint Commission) until April 30, 2025, and holds a DHS license valid until March 4, 2025. It is a Medicare provider in good standing.
Asking Price
$350,000
Cash flow
N/A
Revenue
N/A
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Posting: 284350 | Available | 4/26/24
We have an Accreditation Commission for Health Care (ACHC) home health agency ready to bill. This home health care agency is fully licensed by California DPHS-Accredited by ACHC-Medicare Provider, which is in place with a tie-in notice. They can serve 6 counties.
Asking Price
$275,000
Cash flow
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Revenue
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Posting: 286406 | Available | 5/4/24
This fully licensed and accredited hospice agency has a pharmacy contract, durable medical equipment contract, software contract, medical director, registered nurses, LVN, spiritual group, and social worker. It has been operating for the last six months.
Asking Price
$350,000
Cash flow
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Revenue
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Down
$159,000
Posting: 285050 | Available | 3/14/24
Are you looking to expand your footprint in the home health industry? Don't miss this incredible opportunity! This newly established and ready to bill home health agency is in the heart of Valencia, California (Los Angeles County).
Asking Price
$159,000
Cash flow
Call/Email
Revenue
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Down
$250,000
Posting: 283043 | Available | 3/14/24
If you are looking for an operating clean skilled home health agency that is past its 36-month rule criteria, our Tarzana-based agency (Los Angeles County) is a perfect fit. The agency is currently being run by an experienced healthcare team that for licensing purposes has kept a 2 patient census.
Asking Price
$250,000
Cash flow
$234,610
Revenue
$380,319
Down
$600,000
Posting: 285592 | Available | 3/9/24
An amazing opportunity to work with and to acquire a turn-key professional hand therapy clinic located in a prime location with a complete book of business. Our seller is a licensed Occupational Therapist who is a Certified in Hand Therapy (CHT).
Asking Price
$600,000
Cash flow
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Revenue
$420,000
Down
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Posting: 285330 | Available | 3/26/24
This is an RCFE for sale in West Los Angeles in the Miracle Mile neighborhoods, just east of Beverly Hills and South of Fairfax District. This is a well-run and high revenue generating Assisted Living Facility/RCFE for sale. It is a sprawling property in a multi-million-dollar neighborhood.
Asking Price
$225,000
Cash flow
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Revenue
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Posting: 284072 | Available | 11/29/23
An exceptional opportunity is available with the sale of a home health agency in Woodland Hills, California. This agency is past the 36-month rule, making it available for immediate sale. Ready to bill, it holds certifications for both Medicare and Medicaid and is ACHC accredited.
Asking Price
$250,000
Cash flow
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Revenue
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Down
$50,000
Posting: 285037 | Available | 3/14/24
If you are looking for a licensed home health agency located in Los Angeles County, we have a great deal for you. This agency is ready for the accrediting organization certification with the incoming buyer not needing to delay their time with licensing process.
Asking Price
$50,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 286166 | Available | 5/11/24
A brand new home health agency is available for sale. The sale includes the initial state license approved by CDPH. The license is fully transferable and is approved for the following counties: LA, Orange, San Bernardino, Ventura, Riverside, and San Diego.
Asking Price
$60,000
Cash flow
$2,853
Revenue
$127,532
Down
$110,000
Posting: 283433 | Available | 5/11/24
This wellness store is derived from the owner's dedication and passion for supplements and CBD. He has a well-researched, deep understanding of the health benefits of natural remedies which has led to products that help support and maintain the body's overall health. With a variety of products.
Asking Price
$110,000
Total Investment
$200,000
Min Liquid Cash
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Net Worth
N/A
Posting: 284296 | Available | 5/14/24
More than just a business opportunity. Own a profitable business in one of the least saturated industries in the country even if you have no experience. The thousands of people who win law suits daily are all your potential customers.
Franchise Fee
Call/Email
Cash flow
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Revenue
$1,450,000
Down
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Posting: 270941 | Available | 11/14/21
This is well established and maintained liquor store for sale in La Mirada. it is located on the corner with heavy traffic. and is easily accessible an ample parking lots. the surrounding area mainly consist of apartments, houses, commercials, and a variety of other businesses. Huge-sized store.
Asking Price
$980,000
Cash flow
$34,499
Revenue
$220,599
Down
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Posting: 286095 | Available | 4/11/24
For sale is an award winning e-commerce brand with over 1,000 real 5-star reviews on Amazon. Their established account has a proven sales track record. They also have a fully functional website, an active presence on social media platforms, comprehensive marketing materials, etc.
Asking Price
$89,000
Cash flow
Call/Email
Revenue
$850,000
Down
$175,000
Posting: 286374 | Available | 5/2/24
The restaurant is situated on Main Street in the heart of Huntington Beach - Surf City USA. It is well-located on an iconic street, within walking distance to the beach and famed Huntington Beach Pier, which attracts more than 11 million annual beach visitors.
Asking Price
$175,000
Cash flow
$120,000
Revenue
240,000 to 260,000
Down
$180,000
Posting: 276777 | Available | 10/10/22
Great location in a busy shopping centre with Starbucks, See's Candies, Denny's, Chase Bank, Sprouts market, and Coming soon a Target store. The current owner had this business since 1991 with an affluent neighbour. They have been in the dry cleaning business for 31year. The owner wants to retire.
Asking Price
$240,000
Cash flow
$91,743
Revenue
$201,206
Down
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Posting: 283749 | Available | 2/22/24
This custom nail polish manufacturer specializes in small quantity production. 95% of their business stems from fulfilling orders for custom private label polishes for online beauty product resellers and orders for promotional products for major brands outside of the beauty space.
Asking Price
$185,000
Cash flow
$90,000
Revenue
$650,000
Down
All Cash
Posting: 284186 | Available | 12/6/23
For sale is a busy corner location up in front of a supermarket shopping center. It has amazing exposure to the street traffic. There is a great full kitchen and loads of parking. It is a very close distance to a large high school. There is extra potential to cater to the school.
Asking Price
$195,000
Cash flow
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Revenue
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Posting: 285483 | Available | 3/4/24
A strategically located retail uniform store surrounded by a major hospital and medical buildings is for sale. It is in a high-traffic location with 20,000 DTC an ideal mix of business and residential. This is a great opportunity for hands-on operators or family-oriented owners. It is absentee-run.
Asking Price
100,000+ Inv
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 286013 | Available | 4/5/24
This a type 20 Off-Sale Beer and Wine license for sale in every county of California. Issued to retail stores. Authorizes the sale of beer and wine for consumption off the premises where sold.
Asking Price
$8,000
Cash flow
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Revenue
$165,540
Down
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Posting: 283911 | Available | 3/19/24
For sale is a boba and coffee shop with big potential, located in a plaza with high foot traffic. It is a must see location, and you are welcome to continue operating the boba shop as it is, or make changes to the menu as you see fit. The store size is 950 sq. ft.
Asking Price
$60,000
Cash flow
$79,042
Revenue
$635,695
Down
$160,000
Posting: 286122 | Available | 4/14/24
This is a perfect opportunity for an owner-operator! The business's revenue and profit have been increasing every year since it opened in 2020 under the same owner. Unfortunately, the seller has decided to put the business on the market due to unforeseen family issues.
Asking Price
$160,000
Cash flow
$100,000
Revenue
$620,000
Down
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Posting: 285595 | Available | 4/11/24
Gross sales are $660,000 per year. Net income $100,000 per year. Rent is $5,800 per month for 1,300 square feet currently, an absentee owner.
Asking Price
$280,000
Cash flow
N/A
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Posting: 205460 | Available | 10/2/20
Great opportunity to own a Japanese restaurant. It is located in Anaheim close to residential area. And also there are many retail stores near by. This restaurant could be converted to different types of restaurant, Korean or Vietnamese etc. Equipment of the restaurant is good condition.
Asking Price
$64,900
Cash flow
Call/Email
Revenue
$958,000
Down
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Posting: 283595 | Available | 2/8/24
For sale is a bar and grill with a 47 license. It is a casual, friendly spot with outdoor and indoor seating. Semi-absentee-run and established 30 years ago. There are 3 full-time employees and 8 part-time. The owner does not work at the bar and grill. It is located in a downtown main street.
Asking Price
$660,000
Cash flow
Call/Email
Revenue
$83,186
Down
$39,000
Posting: 284827 | Available | 1/24/24
This is a unique opportunity to acquire ownership of a stylish beauty salon located in one of the beach cities in southern Orange County. Situated in a crowded shopping center with high foot traffic, the salon has undergone a complete renovation, boasting a chic and modern aesthetic.
Asking Price
$39,000
Cash flow
$60,000
Revenue
$60,000
Down
$160,000
Posting: 282883 | Available | 9/15/23
The owner wants to sell this business because they are too busy. It is a Korean restaurant that is SBA loan pre-qualified. The price and down is $160,000 and it is located in Garden Grove, CA.
Asking Price
$160,000
Cash flow
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Revenue
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Down
$75,000
Posting: 284511 | Available | 5/11/24
For an asset sale is a great location with national brand stores and restaurants. It was recently remodeled. There is a hood and grease trap installed. Its size is about 750 sq ft. and its rent is $5,800 including NNN. It is in a high foot traffic area with easy management and operation business.
Asking Price
$75,000
Cash flow
$106,000
Revenue
$450,000
Down
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Posting: 281663 | Available | 10/26/23
Seize the opportunity to own an established Direct Mail Marketing franchise, located in a vibrant and bustling city. Serving businesses for 27 years, this home-based operation stands firm in the evolving advertising landscape, expertly blending the time-tested impact of direct.
Asking Price
$250,000
Cash flow
$140,000
Revenue
$600,182
Down
$300,000
Posting: 285648 | Available | 4/16/24
This is a thriving Italian pasta and pizza restaurant in Orange County. It includes a beer & wine license! Since opening its doors in 2021, this bustling Italian eatery has quickly become a local favorite, boasting $400k in sales in its first year.
Asking Price
$300,000
Cash flow
$146,495
Revenue
$1,134,919
Down
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Posting: 286350 | Available | 4/30/24
Established for over a decade, this center has state-of-the-art testing equipment for the diagnosis and treatment of all types of sleep disorders. As a comprehensive, full-service sleep clinic, the company offers a wide range of diagnostic sleep services. From the most mild case to the most severe.
Asking Price
Call/Email
Cash flow
$90,000
Revenue
$500,000
Down
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Posting: 270994 | Available | 5/15/24
For sale is a great location in the Laguna Niguel area with mostly 75% takeout and delivery. The sales around 500K year. There are 25 seats with no marketing. It is well-equipped, clean, and has nice decor as it was recently remodeled. The size is over 1,000 sq ft. with very low rent at $3,260.
Asking Price
$189,000
Cash flow
$257,000
Revenue
$3,520,000
Down
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Posting: 284418 | Available | 2/28/24
For sale are 2 Denny's units that are within close proximity to each other, have excellent demographics, favorable rent, and no remodels are due until 2029. Denny's Inc. has over 1,600 quality full service Denny's restaurants across the United States.
Asking Price
$1,695,000
Cash flow
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Revenue
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Down
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Posting: 286189 | Available | 4/18/24
Welcome to Ocean Bliss Spa, a thriving oasis nestled in the heart of Downtown Huntington Beach. As you consider taking the reins of this esteemed establishment, allow us to paint a vivid picture of the unparalleled opportunity awaiting you.
Asking Price
$25,000
Cash flow
Call/Email
Revenue
$1,269,000
Down
$279,000
Posting: 286012 | Available | 4/5/24
Well-established concept with brand recognition, name & concept for this location only. It is located in a very high-income affluent area with a large seating capacity & easy freeway. The parcel is just under 1 acre with a play area & 2 patios. 100% employee run. Recipes & training included.
Asking Price
$279,000
Cash flow
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Revenue
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Posting: 243523 | Available | 12/4/23
For sale is a full-service flex car wash with smog & lube for sale. It's located in an upscale neighborhood on a very busy street very close to the freeway. It is approximately a 1 acre lot with 110 ft tunnel and wash equipment. It includes rental income from auto tint shop.
Asking Price
$2,595,000
Cash flow
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Revenue
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Down
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Posting: 284974 | Available | 3/13/24
New improved price! This is a strategically well-located healthy drink shop with boba between two major roads with double signage as well as a cozy patio. This business has great potential for full-time owners/couples to add breakfast items, sandwiches, and salads. It has great 2-way signage.
Asking Price
$99,000
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
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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.
Don't confuse a business opportunity with a going business for sale. In the broadest sense, an existing business being offered on the market is sometimes called a business opportunity. But for a buyer's purposes, seeking to invest in a business to own and operate, there are important differences.
Lee Petsas, a Southern California business broker explores: How much consideration should I give as deposit? Are Deposits refundable and when? Cashing deposits & opening escrow, Return of deposit to buyer, Why do we take a deposit from buyers when preparing & executing a purchase agreement contract?
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.
Depending on the type of business being sold, a month-to-month situation can be severely detrimental to the value of the business. Peter Siegel, MBA Founder of BizBen (and Lead Facilitator at BizBen) explores the issue of month to month leases in this blog/article.
Throughout the recession, it was very difficult to get approved for business purchase financing. If you are considering incorporating some alternative funding sources in your next small business acquisition, here is what you need to know to protect yourself and your investment.
Using an earn out can benefit both buyer & seller of a business purchase. A recent question by a buyer in the BizBen ProBuy Program about the best way to structure a business earn out prompted me to ask a panel of BizBen Resources how they would deal with the buyers question on earn out structures.
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.
In my opinion and experience, an LOI may very well be appropriate for lower middle market transactions of $5,000,000 or more; but, for deals less than that an Asset Purchase Agreement ("APA") with contingencies on the actions of the buyer (and seller) is much more efficient and effective.
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.
Every business broker knows that a listing taken is not a listing sold, in fact the ratio of listed vs. sold could be discouraging if you really thought about it. Joe Ranieri (Orange County Business Broker) discusses what you should do if you finally have to close the doors and call it quits.
50% of all California small business for sale transactions fail to complete. Why do businesses for sale fall out of escrow? Joel Miller (a senior care business specialist) discusses his 5 top reason why businesses fall out escrow along with other brokers, advisors 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.
What are some ways a broker can prevent a buyer and seller from doing a deal behind their back and what to do about it if it happens? Joe Ranieri (Orange County Business Broker) discusses ways a business broker or agent can protect themselves from buyers and sellers trying to circumvent them.
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.
What qualities should you look for in a escrow and bulk sale service when buying/selling a business? I often get asked this question by other brokers and business sellers. See what I tell others and what other BizBen Advisors have to say on this topic in this Discussion.
What are the Pros & Cons of selling a business yourself? I get asked this question all the time and would like to share with other Intermediaries on BizBen all the angles of business owners taking the initiative and selling their own business.
Buying a business with a partner/partners, family members can make one think twice about ever doing it twice! However in this BizBen Discussion Post I chat with others about identifying roles, defining goals, attorney visits, and other relating issues.
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.
