Cash flow
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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
$133,888
Revenue
$642,190
Down
$525,000
Posting: 286431 | Available | 5/6/24
This cozy and intimate lounge offers a relaxed environment for those seeking a low-key night out in the city. With its soft lighting, comfortable seating, and warm atmosphere, it's an ideal spot to unwind with friends or enjoy a drink.
Asking Price
$525,000
Cash flow
$30,653
Revenue
$1,943,524
Down
$525,000
Posting: 286430 | Available | 5/6/24
This bar with a full kitchen is located in the greater Santa Monica area. The bar is widely considered to be the best in the area and is known for its menu offerings and convivial atmosphere.
Asking Price
$525,000
Cash flow
N/A
Revenue
$540,000
Down
Call/Email
Posting: 286026 | Available | 5/6/24
This is an ice cream franchise for sale in LA. The timing couldn't be better! Summer is coming to a near and this is the time to thrive in sales! This is a successful and profitable business. Make this profitable business yours!
Asking Price
$220,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 282284 | Available | 5/6/24
This coffee shop is a well-established, long-running business with big potential to expand and grow. This is your chance to become your own boss and work your own hours in the heart of Los Angeles. The interior is unique and modern with an outside patio.
Asking Price
$230,000
Cash flow
Call/Email
Revenue
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Posting: 285941 | Available | 5/6/24
Virgil Village is just South of Los Feliz and West of Silver Lake. You will find the sweet little pocket of Virgil Village. There is customer parking behind the restaurant. It is located at Santa Monica Blvd and Virgil Ave. on a very busy corner. It is 300 sq ft. The restaurant comes with 4' hood.
Asking Price
$100,000
Cash flow
$69,751
Revenue
$114,905
Down
$150,000
Posting: 280975 | Available | 5/6/24
This family business started in 1985, provides residential, commercial, and window cleaning in the area of Santa Clarita, Porter Ranch, San Fernando, and beyond. Their works cover from basic vacuuming and dusting to full range deep cleaning, tenant move-out cleaning, and building exterior wash.
Asking Price
$150,000
Cash flow
$100,000
Revenue
$340,621
Down
$70,000
Posting: 286421 | Available | 5/4/24
The seller wants to retire after owning the liquor store for 21 years. The store's opening hours are from 12:00 pm to 10:00 pm, and it generated lottery income of $86,145 in 2023, $89,825 in 2022, and $85,819 in 2021. The monthly rent, including NNN, is $2610, for a space of 1275 sq ft. NO EBT
Asking Price
$170,000
Cash flow
$200,000
Revenue
$800,000
Down
Call/Email
Posting: 286417 | Available | 5/4/24
A hamburger restaurant located in the famous beach area in LA has been in business for 40 years under the ownership of a single individual. With a significant influx of tourists, the restaurant boasts an annual sale of $800,000 and an annual profit of $200,000.
Asking Price
$430,000
Cash flow
$72,000
Revenue
Call/Email
Down
Call/Email
Posting: 286414 | Available | 5/4/24
This pet grooming shop has been in business for 19 years under the ownership of one person. Due to the owner's illness, there has been no advertisement. Despite this, the shop has maintained long-time customers and benefits from a reasonable lease for rent.
Asking Price
$60,000
Cash flow
$100,000
Revenue
$600,000
Down
$100,000
Posting: 286413 | Available | 5/4/24
This fantastic juice bar smoothie franchise, which is 100% absentee run, has an annual sale of $600,000 and an annual net of $100,000. Training and support are provided, and it's SBA loan prequalified.
Asking Price
$285,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$1,300,000
Posting: 286410 | Available | 5/4/24
For sale is a 24-unit apartment in Los Angeles, California. It is in a great location, as the capital rate is just 5.5%, so this is a very good opportunity.
Asking Price
$5,000,000
Cash flow
$200,000
Revenue
$513,500
Down
$350,000
Posting: 286408 | Available | 5/4/24
This coin & app based laundromat is generates a high adjusted net income of $200,000 per year. It operates from 5:00 am to 1:00 am run by employees, has low rent and spans 2,700 square feet in size. Situated in a hot location with many apartments around, it boasts brand new washers.
Asking Price
1,05 M
Cash flow
Call/Email
Revenue
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Down
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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
Call/Email
Revenue
$1,500,000
Down
Call/Email
Posting: 284698 | Available | 5/4/24
For sale is an Italian restaurant with a type 47 liquor license in place. It has over 11k sq ft. of space ready for venue space and dine in. The location has two kitchens while only one of them is currently being used. The name has been established well over 20 years in the valley and is well-known.
Asking Price
$475,000
Cash flow
Call/Email
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
Cash flow
$108,000
Revenue
$225,000
Down
$199,000
Posting: 283095 | Available | 5/4/24
This is a dry cleaner for sale. It was established over 35 years ago. It is 1,294 sq. ft. They do full-service dry cleaning, professional alterations, wash, dry, and fold laundry services. It is located in a busy shopping center with a lot of parking. It has low rent and is open 6 days a week.
Asking Price
$199,000
Cash flow
Call/Email
Revenue
$700,000
Down
Call/Email
Posting: 269371 | Available | 5/3/24
Thriving family-owned Mediterranean market & deli in Antelope Valley! The average gross sales are $60K. The rent is about $3,000 per month including NNN. Size: Spacious 2,121 sq ft. market. Product Range: Exclusive offerings of Armenian, Persian, Arabic, Indian, and more!
Asking Price
$149,999
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
$278,330
Revenue
$5,442,834
Down
Call/Email
Posting: 286394 | Available | 5/2/24
A premier natural health food, grocery & supplement store complete with an in-house cafe, bakery, juice, smoothie, coffee bar, and more! Selling natural, organic & vegan groceries, produce, meat, nuts, dairy, in-house prepared foods, plus supplements.
Asking Price
$1,075,000
Cash flow
Call/Email
Revenue
$1,500,000
Down
Call/Email
Posting: 284132 | Available | 5/2/24
This very attractive Italian restaurant offers a striking interior and boasts 4,518 sq.ft. It is located in a charming foothill village area, in the San Gabriel Valley, surrounded by restaurants and shops. Which makes for a very walkable area and city center.
Asking Price
$325,000
Cash flow
$240,000
Revenue
$576,000
Down
$558,000
Posting: 284666 | Available | 5/2/24
Introducing a flourishing dry cleaning enterprise, renowned for its prompt same-day service upon request. This business boasts a GreenEarth-branded machine, ensuring a top-notch, environmentally friendly cleaning experience. Operated with dedication by the same owners for the past 29 years.
Asking Price
$558,000
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
$649,759
Revenue
$4,775,071
Down
Call/Email
Posting: 285090 | Available | 5/2/24
This is a multi-unit opportunity with an AUV above system average. This offering consists of 5 attractive Jamba restaurants in desirable areas. Jamba was founded in 1990 (incorporated as Juice Club, Inc.) in San Luis Obispo, California.
Asking Price
$2,750,000
Cash flow
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Revenue
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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
N/A
Revenue
$55,000
Down
Call/Email
Posting: 286386 | Available | 5/2/24
An established shoe repair business is up for sale in Monrovia, San Gabriel Valley, LA County, operating at the same location for over 30 years. It earns 60k+ annually from repeat customers alone, without any ads. With fantastic Yelp and Google reviews and low rent at $1,200/month.
Asking Price
$49,000
Cash flow
$330,000
Revenue
$1,080,000
Down
$325,000
Posting: 286382 | Available | 5/2/24
This import and wholesale business was established in 2006 and has kept up consistent and steady back-to-back loyal clientele over the years nationwide, including Amazon and eBay vendors, as well as offline store owners. Located at nearby City of Carson, Los Angeles County.
Asking Price
300,000 + inventory
Cash flow
$75,000
Revenue
$150,000
Down
Call
Posting: 276433 | Available | 5/2/24
This optical store and lab - optician - has been in business since 2002, under the same ownership. The store is 850 square feet at a rent of approximately $1,600 per month, the landlord will be open to negotiating a new lease for the buyer. Seller plans on retiring but will provide transition help.
Asking Price
90,000 + Inv
Cash flow
$196,800
Revenue
$480,000
Down
$520,000
Posting: 286461 | Available | 5/14/24
GB Laundry Brokers is currently offering a spacious laundromat spanning 4,063 sq ft in Sacramento CA. The laundromat is on a very busy street with ample parking, and a loyal customer base. This location has a lot of potential for growth with the right operator.
Asking Price
$1,300,000
Cash flow
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Revenue
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Down
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Posting: 285056 | Available | 5/16/24
Experience the epitome of elegance and refinement at our renowned establishment, where breathtaking views, exquisite dining, and a romantic ambiance converge to create an unparalleled dining experience. It is recognized as the Inland Empire's premier destination for romance and ambiance.
Asking Price
$2,500,000
Cash flow
$132,248
Revenue
$240,893
Down
$225,000
Posting: 284110 | Available | 5/11/24
This company is a well established precision metal machining business located in Auburn, CA. Customers include the growing optical industry, aeronautical as well electronics and food industries. The company can start with a sketch and deliver high quality parts that meet the most demanding specs.
Asking Price
$225,000
Cash flow
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Revenue
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Posting: 284472 | Available | 5/15/24
This is an exceptional restaurant & banquet facility for sale! This is a full-service banquet facility with ABC Type 47 liquor license & ABC Type 58 for catering. They have a seating capacity of over 360. There is vast parking space for guests and it is easily accessible from major freeways.
Asking Price
$4,500,000
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
N/A
Revenue
N/A
Down
Call/Email
Posting: 286391 | Available | 5/14/24
A well-established hospice agency in Ventura County, California. This reputable agency has been providing compassionate end-of-life care since 2017, and has garnered a stellar reputation in the community and beyond. Accredited by the Joint Commission.
Asking Price
$449,000
Cash flow
Call/Email
Revenue
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Call/Email
Posting: 284106 | Available | 5/15/24
This is a well-established business located in a busy shopping complex and has been open for 30 years, full-service dry-cleaning and professional alternation. They have an excellent alteration business. The seller claims gross income for 2023 will be close to $300,000.
Asking Price
$200,000
Cash flow
Cal//Email
Revenue
$1,400,000
Down
$112,500
Posting: 286469 | Available | 5/15/24
An established boba business is selling a high-performing store, along with exclusive territory rights for the Bay Area. The business offers several streams of residual income and operates as a turnkey operation, making it easy to manage. However, potential buyers must possess restaurant experience.
Asking Price
$750,000
Cash flow
$46,623
Revenue
$381,554
Down
$35,000
Posting: 286109 | Available | 5/17/24
This is a rare full-service salon in the heart of a bustling neighborhood an inviting full-service salon located in a prime area close to multiple apartment buildings and hotels, in a historic location. Offering a range of luxurious services including haircuts, balayage, highlights, nails, etc.
Asking Price
$89,000
Cash flow
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Revenue
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Posting: 284105 | Available | 5/15/24
This is an absentee-run Subway franchise for sale in a busy shopping centre near Safeway. There is a lot more potential for more profits/sales with an owner-operator. This store was recently remodeled. Subway is the world's largest sub sandwich chain with more than 40,000 locations.
Asking Price
$120,000
Cash flow
$82,216
Revenue
$731,213
Down
$150,000
Posting: 283846 | Available | 5/11/24
This charming breakfast and lunch restaurant caters to your taste buds for breakfast and lunch. In business for 25 years and nestled in the heart of a rustic marina, this restaurant is a cozy and inviting space that exudes a warm, rustic ambiance. Our menu features a delectable array of dishes.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
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Down
Call/Email
Posting: 283972 | Available | 5/15/24
City Center Realty Group is pleased to present a lucrative car wash for sale in the Sacramento, CA area. This turn-key operation features brand-new machinery and equipment, situated in a prime, high-traffic location with an estimated 65,000 cars passing by daily.
Asking Price
$2,399,000
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
$170,000
Revenue
$470,000
Down
$530,000
Posting: 285555 | Available | 5/16/24
This is a successfully established dry-cleaning business for sale in Alameda County, CA. The business was established more than 35 years. It has a great reputation and it's next to Safeway, so it has very steady foot traffic. The motivated sellers are looking to retire.
Asking Price
$530,000
Cash flow
Call/Email
Revenue
$1,000,000
Down
Call/Email
Posting: 286054 | Available | 5/16/24
For sale is a Mexican restaurant that is located inside a major shopping center with a supermarket anchor. No other Mexican restaurants in the complex & cannot open a new Mexican restaurant according to our lease agreement. There is plenty of parking. It has a beer & wine license.
Asking Price
$439,900
Cash flow
Call/Email
Revenue
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Call/Email
Posting: 286142 | Available | 5/14/24
Award Winning Aveda Salon is for sale. The salon and spa is located in the vibrant, sought-after neighborhood of Ocean Beach, San Diego.
Asking Price
$130,000
Cash flow
$52,612
Revenue
$268,777
Down
$125,000
Posting: 283393 | Available | 5/11/24
For sale is a boutique facial spa located in Contra Costa County. Centrally located in town and a staple of the community, the spa is renowned for its service & dedication to customer care. Owners are looking to retire & pass the baton to an owner who will put as much dedication into the business.
Asking Price
$125,000
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
Cash flow
Call/Email
Revenue
$4,500,000
Down
Call/Email
Posting: 285309 | Available | 5/15/24
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
Call/Email
Revenue
$351,239
Down
$125,000
Posting: 286450 | Available | 5/14/24
Opportunity to own a premier upscale franchised fitness studio in East Bay an established business in a health-conscious community with growth potential. What sets this facility apart is its state-of-the-art facilities with top-of-the-line fitness equipment, a fully operational business.
Asking Price
$125,000
Cash flow
$384,000
Revenue
$732,000
Down
N/A
Posting: 286371 | Available | 5/13/24
For sale is a high-volume location in a beautiful vacation destination city. It is 8 years old and is already one of the highest volume locations in Northern Ca. With ample parking, loyal customers, and is the only laundromat in town! Serious inquiries only.
Asking Price
$1,800,000
Cash flow
Call/Email
Revenue
Call/Email
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Call/Email
Posting: 278808 | Available | 5/12/24
The established 2-year agency is located in a desirable location. This 2.1 million earned premium agency is consistent with a preferred auto/homeowner customer base with an excellent opportunity for growth in cross sales as well as life/financial services.
Asking Price
$511,450
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 278573 | Available | 5/12/24
For sale is an established agency in Aiken County South Carolina with a great business climate. The agency has an excellent retention ratio of 90% + and a very profitable loss ratio. The agency consists of preferred auto/homeowners with a great opportunity to grow in cross-sales.
Asking Price
$833,000
Cash flow
$350,574
Revenue
$3,578,262
Down
$200,000
Posting: 285442 | Available | 5/11/24
For sale is California Co with its distribution center located in the Southwest US. It has been established for 24 years. They sell hardware products for consumers and professionals. They are a distributor/manufacturer of premium products that are sold online and through big box retailers.
Asking Price
$1,295,000
Total Investment
$100,000
Min Liquid Cash
$80,000
Net Worth
$100,000
Posting: 284068 | Available | 5/15/24
S.A.M offers individuals and companies of all sizes the opportunity to fulfill a passion for nurturing young minds while running a profitable and rewarding business. Our program uses the two-pillared approach of Classroom Engagement and Worksheet Reinforcement.
Franchise Fee
$25,000
Cash flow
Call/Email
Revenue
$525,000
Down
Call/Email
Posting: 285786 | Available | 5/17/24
This established pizza business is known for its premium pizzas and commitment to quality. While the current owner prioritizes quality over quantity, there's ample room for a new owner to convert to their own vision. It is a prime location in a shopping center with high visibility.
Asking Price
$245,000
Cash flow
call/email
Revenue
$1,051,340
Down
$160,000
Posting: 282462 | Available | 5/13/24
A full-service electric contractor 65 years of experience serving Bay Area Customers. With projects ranging from ground-up to design-build, tenant improvements, seismic upgrades, historic renovations, remodeling & more.$30M approx projects pending 2023.12 Vehicles Included
Asking Price
$800,000
Cash flow
$131,973
Revenue
$276,507
Down
$260,000
Posting: 285719 | Available | 5/11/24
This burgeoning Encino eatery is the quintessential 5-day deli opportunity that boasts solid earnings despite its abbreviated operating hours. The venue, which is known for its high foot traffic location and inviting atmosphere, provides a cozy space.
Asking Price
$225,000
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
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
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
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
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
When seeking large SBA business acquisition financing loans, it helps to review seller's add backs (cash flow analysis) as a source of funding to service the debt. Peter Siegel, MBA - SBALoanAdvisors.com Founder covers this specific topic for business buyers, owner/sellers, agents, business brokers.
This webinar is designed for business buyers, owner/sellers, business brokers, agents, and advisors who can benefit on the latest information and strategies on procuring large SBA loans to buy or sale a "large" small business - typically priced between $500K to $10M. Peter Siegel, MBA is the host.
What is your goal in 5 years? Do you want to become a business owner? Buying a business can be an exciting, safe opportunity to gain financial freedom. But how to buy the right business? This article will walk you through the process of buying a business.
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.
Should owners who offer a business for sale reveal to prospective buyers any income that is not recorded in the books? This is a controversial topic with arguments both for and against. Most business sales intermediaries believe if you don't pay tax on it, you can't claim it. Some sellers disagree.
Most business acquisition financing strategies involve borrowing money to meet the purchase price. But an entirely different approach, equity sharing, is sometimes pursued if borrowed money is not wanted, or is not available to complete the purchase. Peter Siegel, MBA - BizBen.com covers this topic.
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 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.
With the multitude of factors that come into play when deciding the appropriate time to inform your employees that your business is for sale, I do not offer a standard or general answer. When sellers consult me as to my opinion on when it is the right time, I like to review the major issues that...
What are actual adjusted net earnings (cash flow) of a small business being purchased with business acquisition SBA Loan financing? That's an important amount that lenders need to know. Peter Siegel, MBA (BizBen.com, SBALoanAdvisors.com Founder) reviews this important concept with BizBen Blog users.
Selling a business is hard enough but using the wrong word, text, and strategy can really delay or outright kill a campaign to sell a small business successfully. Peter Siegel, MBA Founder of BizBen.com shares what words, phrases, and strategies work (and not) when selling a small business online.
The unfortunate truth is that approximately 50% of all small business sales transactions fall through. While failed transactions can happen for a variety of reasons, Peter Siegel, MBA (BizBen Founder & Lead Advisor) discusses the most common reason deals fall through; unrealistic asking prices.
The use of add backs & sellers discretionary cash is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains.
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.
Owners should keep the fact that they want to sell their small business confidential. Before releasing information to prospective buyers, buyers should commit to confidentiality in writing & should understand why it is important. Peter Siegel, MBA a ProBuy and ProSell Advisor with BizBen explains.
First the dreaded statistic: 80% of all business buyers looking to buy a small business never end up doing so! Peter Siegel, MBA BizBen.com Founder & ProBuy Director) covers successful tactics & strategies all business buyers of small to mid-sized businesses should utilize now to buy a business.
SBA large loan expert and advisor Peter Siegel, MBA (BizBen.com & SBALoanAdvisors.com Founder) shares his views and experience for getting the right SBA loan for larger deals, getting deals professionally prequalified & analyzed, and getting that loan through underwriting with fewer complications!
Many times when buying a business there are reasons why buying stock or buying assets is the better business decision. We explore these options on the BizBen Blog Post of which option may be better depending on the circumstances of the buyer (and seller) involved in the transaction taking place.
Many business owners fail to maximize their business' value because they don't have a proper strategy in place to do so. Failure to maximize your businesses value will make it harder to attract the most qualified buyers. Have a plan that ensures your business is as attractive & valuable as possible.
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.
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.
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.
