Cash flow
Call/Email
Revenue
Call/Email
Down
$230,000
Posting: 277831 | Available | 4/30/24
For sale is an auto body and paint shop that has been established for 22 years. This business can be a good acquisition for an auto body shop business that needs more production capacity at a reasonable price or a body shop manager who wants to start a business.
Asking Price
$230,000
Cash flow
$120,000
Revenue
$1,278,000
Down
$449,000
Posting: 285255 | Available | 4/30/24
Nestled in the vibrant heart of Santa Monica, this esteemed cafe offers a unique dining experience that draws locals and visitors alike. Known for its exceptional blend of cosmopolitan flair and intimate ambiance, this establishment has become a beloved staple within the community.
Asking Price
$449,000
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 273152 | Available | 4/30/24
This hidden gem in El Segundo is located in a very nice complex. Two businesses for sale in one address. They serve specialty doughnuts and Korean-style corn dogs, and boba tea. Adjacent to the mochi donuts is the Vietnamese restaurant serving pho and other delicious menu items.
Asking Price
$168,000
Cash flow
$300,000
Revenue
$1,000,000
Down
$195,000
Posting: 282003 | Available | 4/30/24
This is a body shop for sale with 5,500 sq ft. It has been in business for 16 years. They can park 25 cars inside and outside. They have a full spray booth with a permit. Operation hours are from Monday through Friday 8 AM to 5 PM. There are 4 full-time employees with reasonable rent.
Asking Price
$195,000
Cash flow
$176,982
Revenue
$1,050,860
Down
$349,850
Posting: 286338 | Available | 4/30/24
A profitable retail pharmacy, processing 80-90 scripts a day, serves most commercial PBMs and Medicare. It was established in 2004 and is situated in the densely populated area of South Gate, Vernon, Lynwood, and Huntington Park of Angeles County. The pharmacy is conveniently located.
Asking Price
$349,850
Cash flow
Call/Email
Revenue
$420,000
Down
$118,000
Posting: 285716 | Available | 4/29/24
This is a 6 day open Asian noodle shop in Alhambra for sale. It has very busy traffic & is a crowded client location. This would be a good space for Japanese ramen. The store size is 1,250 sf. It is located next to Wendy's & Lee's Sandwiches. It was recently remodeled and now has new interior.
Asking Price
$118,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$150,000
Posting: 285044 | Available | 4/29/24
For an asset sale is a well-established Asian restaurant in the busy shopping center with national brand restaurants. Its current monthly sale is about $40,000 with Sundays closed. Its size is great 1,700+ sq ft and its rent of $8,900 including NNN. The restaurant has long hood and grease trap.
Asking Price
$150,000
Cash flow
$226,751
Revenue
$1,231,473
Down
$475,000
Posting: 285768 | Available | 4/29/24
This specialty meat market with an off-sale beer, wine and spirit license offers its loyal patrons the finest cuts of the globe's most premium meats and helps pair them with similarly rare specialty wines and liquors.
Asking Price
$365,000
Cash flow
$61,233
Revenue
$606,111
Down
$12,500
Posting: 285079 | Available | 4/29/24
This popular fast-casual restaurant, Waba Grill Franchise, in Los Angeles County offers delicious and healthy options, attracting a loyal customer base. Prime location with high foot traffic and strong sales performance. Fully equipped and operational, it is ready for a new owner to take the reins.
Asking Price
$224,999
Cash flow
Call/Email
Revenue
Call/Email
Down
$150,000
Posting: 285398 | Available | 4/29/24
For an asset sale is a great and well-established Asian/Chinese restaurant on South St. in Cerritos. Its size is about 2,100 sq ft, Rent is $11,545 including NNN. It is a newly remodeled, well-maintained restaurant. It has a full kitchen and two restrooms.
Asking Price
$165,000
Cash flow
$314,418
Revenue
$2,477,162
Down
$35,000
Posting: 284540 | Available | 4/29/24
A very unique opportunity presents itself for the acquisition of a stable and profitable Papa John's Pizza Franchise comprising (3) strategically positioned stores in San Gabriel Valley Area. This confidential sale mandates proof of funds and adherence to Papa John's qualification standards.
Asking Price
$1,195,000
Cash flow
$38,650
Revenue
$413,000
Down
Call/Email
Posting: 284108 | Available | 4/29/24
Well-established and beloved ice cream parlor in a prime location in La Puente. This authentic Mexican-style Ice Cream Business is perfect for an investor, or a family-run operation.
Asking Price
$135,000
Cash flow
$25,196
Revenue
$321,082
Down
Call/Email
Posting: 284816 | Available | 4/29/24
Well-established and beloved ice cream parlor located in a prime spot in Duarte. This authentic Michoacan-style business boasts a proven track record of success, a loyal customer base, and a welcoming atmosphere.
Asking Price
$99,999
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286330 | Available | 4/29/24
This is a convenience store in a busy office building for sale located in Los Angeles. It is open only on weekdays from 9 am to 5 pm. It has very low rent.
Asking Price
$80,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$45,000
Posting: 286326 | Available | 4/29/24
A small restaurant in a great location near Beverly Blvd, and La Brea Ave in an upscale area. The sushi restaurant here just closed. The restaurant is fully equipped for you to come in and make money. It is great for sushi, pizza, or your menu. It is a great location for delivery and pick up service
Asking Price
$45,000
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
Call/Email
Revenue
$1,920,000
Down
$950,000
Posting: 284862 | Available | 4/29/24
This is a liquor store with a size of 5,800 sq ft., including upstairs and a big storage room in the back of the property. The upstairs is a 2 bed 1 bath (potential to rent out). There is great front parking space and easy to get in and out. There is a big back storage room for stocking inventory.
Asking Price
$3,499,000
Cash flow
Call/Email
Revenue
$1,680,000
Down
$950,000
Posting: 285899 | Available | 4/29/24
For sale is a freestanding liquor and wine with craft beer store with great front parking without any competition. It is surrounded by many residential and apartments and all around and very safe area and high-end mid residential locations. Most of the time it is all employee-run.
Asking Price
$1,750,000
Cash flow
$90,000
Revenue
$390,000
Down
Call/Email
Posting: 257071 | Available | 4/29/24
The location is a great place for pizza and wings. This is one of the only pizza in the area and by far the best pizza in town. This pizza is definitely a hidden gem in a quiet neighborhood. The ingredients are top notch & high quality and delicious.
Asking Price
$199,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285445 | Available | 4/29/24
A well-established pharmacy, operating profitably since 1984, presents a prime opportunity for acquisition. Situated on the first floor of a 7-story medical building adjacent to a regional hospital, the pharmacy boasts excellent visibility with prominent signage visible.
Asking Price
$1,950,000
Cash flow
$84,000
Revenue
$228,000
Down
Call/Email
Posting: 235794 | Available | 4/29/24
For sale is a dry cleaner that is an excellent opportunity for an aggressive owner-operator to take over this well-established and outstanding business and take it to the next level. It has a hydrocarbon machine and is in a good location with well-established systems. Just reduced the price!
Asking Price
$179,000
Cash flow
Call/Email
Revenue
$600,000
Down
$195,000
Posting: 285361 | Available | 4/28/24
For sale is a well-established and famous Korean restaurant in the busy Asian community shopping center. The current monthly sale is over $50,000. Its size is 1,600 sqft and rent $6,700 including NNN. It is well equipped, clean with long hood, walk-in cooler and grease trap. With beer/wine license.
Asking Price
$195,000
Cash flow
$225,000
Revenue
$4,900,000
Down
$500,000
Posting: 284775 | Available | 4/28/24
For the business only is a market and Mobil station with 6 pumps and 4 tanks. It has a beer and wine license (the only business in that corner with BW). The master lease belongs to Circle K and Circle K is subleasing to a dealer. The owner is retiring after 29 years. It is open 24/7.
Asking Price
$795,000
Cash flow
$200,000
Revenue
$850,000
Down
$145,000
Posting: 281632 | Available | 4/28/24
For sale is a great and well-established sushi restaurant with 4.5 stars on Yelp! Currently, the store opens for 5 days a week because of a shortage of employees and its monthly sale is currently around $70,000. Its size is about just 1,200 sq ft. with a great rent of $3,620 including NNN.
Asking Price
$285,000
Cash flow
$300,000
Revenue
$4,554,948
Down
$2,400,000
Posting: 279813 | Available | 4/28/24
This is a high-grossing restaurant & banquet facility along with outside catering for sale. The restaurant and real estate will sell together. It is appropriate for experienced restaurateurs/event planners. This is a full-service restaurant with a type 47 liquor license and banquet facilities.
Asking Price
$8,000,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$13,500
Posting: 285573 | Available | 4/28/24
For sale is a great investment opportunity! Sawa Grill restaurant is strategically located in a busy shopping center with a popular supermarket. The restaurant is located in the high-traffic intersection of Indian Hill Blvd and Holt Blvd. Don't miss this chance and the business will go fast.
Asking Price
$135,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$8,000
Posting: 286315 | Available | 4/28/24
This 2-bay garage is available for a mechanic shop or smog center as part of the successful Chevron station. All utilities are included in the rent. It's a 5-year lease. Rent is $4,000, which includes all utilities. 2 hoists and compressors are included. There's plenty of parking available.
Asking Price
$8,000
Total Investment
$69,000
Min Liquid Cash
$59,000
Net Worth
N/A
Posting: 285583 | Available | 5/12/24
Own your very own Quick Mart convenience store. It is better than a 7-Eleven and Circle K. There are no monthly fees and no franchise fees, just a one-time payment of $99,999. Training to run your store usually takes just 3 days. Business opportunity fee: $20,000 included in $99K.
Franchise Fee
$0
Cash flow
$851,672
Revenue
$3,430,536
Down
Call/Email
Posting: 284146 | In Contract | 5/17/24
With a successful track record for over 25 years, this business has provided janitorial and cleaning services to over 150 recurring clients throughout San Diego County. Consistently generates over $3million in recurring revenue year over year with impressive profit margins between 26-27%.
Asking Price
$3,500,000
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
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
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
$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
Cash flow
Call/Email
Revenue
Call/Email
Down
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
N/A
Revenue
N/A
Down
Call/Email
Posting: 282202 | Available | 5/13/24
For an asset sale is a boba and snack shop. This shop has a very good rental rate ($1,900) and is located in the busy shopping center. The size of the store is 600sq. There's a 4-foot-long type 1 hood. Due to the asset sale, finances will not be available.
Asking Price
$99,999
Cash flow
$167,697
Revenue
$545,484
Down
Call/Email
Posting: 283567 | Available | 5/15/24
This is a well-established sheet metal fabrication business specializing in mail order vintage car replacement parts. Business has a strong online presence. Catalogs are available both online and in print. Owners are ready to retire after operating the business since 1994.
Asking Price
$480,000
Cash flow
$219,950
Revenue
$219,950
Down
$2,900,000
Posting: 283295 | Available | 5/12/24
This Silverlake restaurant and bar with liquor, onsite parking, and excellent street visibility boasts what may arguably be the most coveted outdoor patio in the area. The venue has 3 dining areas that open into an adjacent bar and outdoor patio. The corner property is included!
Asking Price
$2,900,000
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
$960,000
Down
Call/Email
Posting: 286537 | Available | 5/12/24
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
N/A
Revenue
N/A
Down
Call/Email
Posting: 285637 | Available | 5/12/24
This is a great opportunity to get into the bar business. This establishment has been around for over a decade. The neighborhood bar is located in a vibrant setting surrounded by multiple restaurants and other bars. This bar is known for creative and fun cocktails. A local iconic spot with regulars.
Asking Price
$399,999
Cash flow
$180,000
Revenue
Call / Email
Down
Cash
Posting: 248011 | Available | 5/14/24
Reduced Price. Fast food free standing restaurant with drive thru. Located on a Major corner intersection on a main street. Excellent books and records. Monthly Rent: $4,000. Lease has 17 years left. Open 7 days. Sunday - Thursday, 6am - 9pm + Friday - Saturday, 6am - 10pm. Price reduced $450K.
Asking Price
$450,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285604 | Available | 5/16/24
For sale is a brand-new home health care agency located in Fresno, CA. We have an Accreditation Commission for Health Care (ACHC) home health agency. This home health care agency is fully licensed by California DPHS-Accredited by ACHC-Medicare Provider, and ready to bill.
Asking Price
$375,000
Cash flow
$235,715
Revenue
$1,320,000
Down
$25
Posting: 284079 | Available | 5/16/24
This high end market is conveniently located inside the retail area of one of the most luxurious apartment communities in North San Jose. This business is a famous contemporary market stocking snacks, Organic products, groceries, beer, and wine selections.
Asking Price
$899,000
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
$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
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
$180,000
Revenue
$550
Down
Call/Email
Posting: 274482 | Available | 5/12/24
Top brand blinds, shades, shutters, etc retail. Easy to operate profitable and potential business even without advertisements or marketing. Ideal location on a high-traffic major street and the hub of Silicon Valley. Increasing sales yearly with many repeat & new customers. Price was lowered.
Asking Price
$200,000
Cash flow
$856,324
Revenue
$4,312,122
Down
$290,000
Posting: 283337 | Available | 5/12/24
This pet supply and feed store has been a cherished staple in the community for 41 years. Founded with a vision to provide unmatched service and products, the business thrives on a well-structured model and a dedicated team. The business prides itself on customer service and wide product selection.
Asking Price
$2,900,000
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
Call/Email
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
Call/Email
Revenue
Call/Email
Down
Call/Email
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285746 | Available | 5/17/24
A dog grooming shop, established in 1968 with the same owner, is located in an upscale neighborhood with a lot of foot traffic and Mountain View. This fully remodeled salon offers full-service grooming for dogs and cats. The shop spans 1,250 sq ft.
Asking Price
$125,000
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
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
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
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
ProIntermediary, Joe Ranieri (Business Broker) shares what buyers are looking for in this unprecedented market. COVID-19 has made curb appeal more important than ever when selling a restaurant. Sellers still have the power to attract buyers in this market with focus of a few key requirements.
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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.
Restaurant franchise offerings are among the most popular of the business types potential business buyers seek. What many would-be owners don't realize is that there are specific tips for buying fast food or restaurant franchises that don't necessarily apply to independent restaurants for sale.
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.
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.
For starters, a pop-up restaurant is a short-lived dining experience in a temporary location, most found in abandoned factories or warehouses, rooftops, barns, or an already existing restaurant location, so basically anywhere done legally and safely. They exist for a few days, weeks or a few months.
A BizBen blog reader emailed me this question: "I am starting due diligence this week on buying a cocktail bar With a 48 license what should I be asking for, thinking about, watching out for? Is there a list of items I should ask for?" Peter Siegel with BizBen answers this question.
The restaurant business is a tough business to be in, no one can dispute that, and so it's imperative that an owner's equipment is in good working condition. A new owner should make sure that the restaurant's equipment is in good working order before they close escrow. We discuss this topic.
In this Discussion, we define financing options available to potential restaurant buyers when purchasing a small to mid-sized restaurant business (with or without real estate). When it comes to financing a restaurant purchase, potential restaurant buyers have several options to choose from.
Are restaurants (deli's, sandwich shops, food services) in Industrial Parks good investments for business buyers? I get this question many times a year from potential restaurant buyers so I though I would answer this with my thoughts and get feedback from other Advisors & Professionals on BizBen.
Buying a seasonal small business restaurant can be challenging, but Joe Ranieri a business broker restaurant specialist and others in this BizBen Discussion review multiple ways to offset these factors and still get the most from buying and operating a small to mid-sized seasonal restaurant.
Buying a small to mid-sized restaurant can have many pitfalls, and potential restaurant buyers should know how to avoid getting burned! Several restaurant advisors weigh in with (Peter Siegel, MBA at BizBen) and discuss tips for buying a restaurant in California.
What are some reasons a business that was previously on the market with another broker didn't sell? Every broker or agent understands that not every business they list will result in a sale. There can be many reasons small businesses don't sell and many are discussed on this BizBen Discussion post.
Joe Ranieri, (Orange County Business Broker) discusses how to convert restaurants: buy an existing inexpensive restaurant and then converting it to another concept. He discusses finding the right location, working with the landlord, notifying existing clients, and observing restaurant trends.
Was chatting with a potential buyer of a restaurant in our BizBen ProBuy Program and he asked me what he should look for in due diligence when he finally did find a restaurant he was interested in. Peter Siegel, MBA with BizBen and others on BizBen explore this topic.
Pool Halls/Billiards in America, currently is seeing a resurgence, mainly due to pool hall owners catering to a millennial crowd who is growing up with playing pool and other games on their phones and later mingling with others and playing the sport for real. Read about the best tips for buying one!
When should the training of the new buyer of the business actually begin? Before escrow, during escrow, or only after the keys of the business are handed over to the new owner of the business. Joe Ranieri (Orange County Business Broker - Restaurant Specialist at 714-292-5448) starts this Discussion.
My restaurant recently upgraded its beer with wine license to a full-service liquor license, and if I sell, how much can that increase my selling price? A Southern California restaurant broker specialist initiates this discussion and other advisors, business brokers, agents weigh in on this topic.
Ice cream shops are a favorite with buyers of small businesses, but many times don't know what to look for when seeking a purchase of a shop. Joe Ranieri and other intermediaries and advisors share their experience and expertise to potential ice cream shop owners. Explore these tips to learn more.
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.
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.
