Cash flow
$100,000
Revenue
$100,000
Down
$149,000
Posting: 280291 | Available | 3/26/24
New opportunity to move your existing patient base into a State-of-the-Art, turn-key, USP-800 compliant retail pharmacy in the South Bay, approx. 3 miles from two major hospitals and situated on lush grounds with waterfalls, on the ground-floor, in a bustling, Class A medical area.
Asking Price
$149,000
Cash flow
Call/Email
Revenue
$420,000
Down
Call/Email
Posting: 280182 | Available | 3/26/24
This is a wig and beauty supply store for sale in a high traffic busy area in Los Angeles. This is a profitable and easy to run business. The seller takes great pride in running this business for over 20 years. Low Rent!
Asking Price
$200,000
Cash flow
N/A
Revenue
N/A
Down
$380,000
Posting: 282961 | Available | 3/26/24
This preschool center is well-established, profitable, and has been serving the community for decades. Classrooms are child-centered, spacious, clean, and organized. Playgrounds are nicely laid out, with a large commercial play structure, and ample space for children to run and play.
Asking Price
$1,200,000
Cash flow
$240,000
Revenue
$2,400,000
Down
$200,000
Posting: 285095 | Available | 3/26/24
Located in San Gabriel Valley of Los Angeles is this long-established restaurant under current ownership for decades. This Mexican restaurant with its full bar and large patio offers its patrons authentic traditional cuisine and a great hospitality experience in a warm and friendly atmosphere.
Asking Price
$699,999
Cash flow
Call/Email
Revenue
$420,000
Down
Call/Email
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
Call/Email
Revenue
Call/Email
Down
$320,000
Posting: 285860 | Available | 3/26/24
Tangible Asset Sale! This establishment marks its first appearance on the market in 48 years, offering a rare opportunity in Little Tokyo's prime location. The prospective new lease comes with the possibility of a reasonable base rent compared to the prevailing market rates in the area.
Asking Price
$320,000
Cash flow
$180,000
Revenue
$750,000
Down
$290,000
Posting: 285854 | Available | 3/26/24
Located in the bustling heart of a vibrant Hispanic neighborhood within L.A. County, this fast-casual restaurant is a gem in a busy shopping center, anchored by a significant tenant. Renowned for its fusion of Japanese and Korean cuisine, the restaurant has cemented its place as a local favorite.
Asking Price
$290,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285851 | Available | 3/26/24
This is a great opportunity to take over a very stylish salon or bring in your own concept. It is a great Belmont Shore Long Beach location. There are six stations and two bowls. There are currently six stylists paying chair rentals. This one is definitely worth checking out.
Asking Price
$35,000
Cash flow
$1,812,384
Revenue
$3,815,000
Down
$3,694,000
Posting: 284702 | Available | 3/26/24
This exceptional opportunity presents the chance to own a thriving, high-production luxury auto body, and paint shop in the bustling heart of Los Angeles. Established and reputable, this full-service collision repair center specializes in luxury vehicles, offering top-tier painting, wrapping, etc.
Asking Price
$3,694,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285295 | Available | 3/26/24
Opportunities like this in the heart of the hugely popular Riviera Village area of Redondo Beach rarely come up. The existing business is designated as a snack shop, but it could potentially be converted to a restaurant or cafe. Great for delis, juice shops, baked goods and so much more.
Asking Price
$170,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$230,000
Posting: 277831 | Available | 3/26/24
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
N/A
Revenue
N/A
Down
$225,000
Posting: 284291 | Available | 3/26/24
This well-established liquor store, operating for over 35 years, is situated in a prime location on a busy boulevard in Los Angeles County. It currently runs as an absentee operation with the assistance of two employees. This is an asset sale.
Asking Price
$225,000
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Cash flow
N/A
Revenue
N/A
Down
$2,950,000
Posting: 283090 | Available | 3/26/24
We present a remarkable opportunity to acquire a well-established auto repair shop, complete with its free-standing building boasting 8 lifts (2 currently not in operation) and a top-notch alignment rack. Nestled in an upscale residential area with a thriving community.
Asking Price
$2,950,000
Cash flow
$120,000
Revenue
$1,278,000
Down
$449,000
Posting: 285255 | Available | 3/26/24
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
Call/Email
Revenue
Call/Email
Down
$180,000
Posting: 284693 | Available | 3/26/24
If you are looking for a clean ready to bill home health agency with a management company in place holding 100% direct ownership of the home health agency, we have an incredible opportunity! The agency was started in August of 2021, and it received its ACHC accreditation in September 2022.
Asking Price
$180,000
Cash flow
$785,000
Revenue
$1,887,000
Down
Call/Email
Posting: 267633 | Available | 3/26/24
We have an established Kaiser and VA contracted skilled home health agency in Palmdale (Los Angeles County) with an ongoing census of +/-50 patients (census has both Medicare-insured patients and managed care-insured patients).
Asking Price
$1,200,000
Cash flow
$48,000
Revenue
$144,000
Down
Call/Email
Posting: 285156 | Available | 3/26/24
This is a mini-grocery market for sale as-is in Los Angeles County. The size is about 2,000 sq ft. The amount of rent is $1,300 per month. It is home-based. The asking price is $55,000 plus inventory. There is no beer or wine.
Asking Price
$59,000
Cash flow
$96,000
Revenue
$600,000
Down
Call/Email
Posting: 279849 | Available | 3/26/24
This is a drive-thru beer and wine dairy market which is located in a good neighborhood, and has gross sales of $45,000/month. The business hours are 8:30 AM - 8:30 PM for 7 days. It has good potential.
Asking Price
$249,000
Cash flow
$174,000
Revenue
$480,000
Down
Call/Email
Posting: 284308 | Available | 3/26/24
This coin laundry is well maintained and very clean, the best laundromat in town. It has an ample parking lot and an excellent and easy location. The asking price is $1,095,000.00 The seller requested a prospective buyer who has great experience in this field and runs his store diligently.
Asking Price
$1,095,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 284033 | Available | 3/26/24
This restaurant space can be converted into any type of restaurant, except for Chinese or Donut concepts. There is ample parking available. Finding a small space like this with a Type 41 beer and wine license is very difficult. The seller is highly motivated, so don't miss this opportunity!
Asking Price
$69,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 284034 | Available | 3/26/24
This restaurant is located on the busy 7th Street in Long Beach. The kitchen features a 14-foot hood, a grease trap under the dishwashing sink, and fixtures, furniture, and equipment (FF&E) in good condition. The sale also includes a Type 41 beer and wine license.
Asking Price
$98,000
Cash flow
$137,329
Revenue
$319,012
Down
Call/Email
Posting: 285829 | Available | 3/25/24
This newly renovated, bright, busy, and trendy hair salon is profitable, growing, and ready for a new owner to take it higher! The business provides services for men, women, and kids with all hair types. The salon specializes in the most popular trends.
Asking Price
$196,000
Cash flow
Call/Email
Revenue
$975,000
Down
Call/Email
Posting: 285818 | Available | 3/25/24
For sale is a successful med spa. Services offered include laser hair removal, PRP, lip jaw and chin injectables, neurotoxins (Botox, Newtox), threading, skin products. It has been successfully in business for the past three years. They have 1,500 active clients.
Asking Price
$650,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 277839 | Available | 3/25/24
This is a brand-new gas station. Everything except for the underground storage tanks is brand new. There is no competition on the same corner and it is close to the 105 freeway. It is a new 2000 sf building with 4 MPDs, and it is built with high-quality materials and fixtures.
Asking Price
$7,300,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283258 | Available | 3/25/24
For sale is a Chevron station (business only) exclusively offered by ICOA. It pumps 133,000/m (gas & diesel) at 60 ct and the snack shop is doing $30-35K/m (mostly cigarettes), so it has a high net profit. Rent is just over $19,000 (including CAM charges).
Asking Price
$1,600,000
Cash flow
$195,000
Revenue
$1,080,000
Down
Call/Email
Posting: 274973 | Available | 3/23/24
This family restaurant is a relatively undiscovered gem and the food is phenomenal, scrumptious and out of this world. This enchanting restaurant has an outstanding business reputation with a genuinely local customer base. The restaurant is by far the best and second to none and the food is amazing.
Asking Price
$450,000
Cash flow
Call/Email
Revenue
$210,000
Down
Call/Email
Posting: 280101 | Available | 3/23/24
Motivated to sell! The price went down. This cleaner is in Arcadia, CA. This store sells cleaner of a full of plant with equipment and furniture. This one owned for 30 years by one owner. The rent is a reasonable number. This cleaner is located big shopping center surrounded by residential houses.
Asking Price
$89,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$295,000
Posting: 284306 | In Escrow | 3/23/24
This legendary Japanese restaurant is one of the oldest continuously operating Japanese restaurants in California. Its sales have significantly increased since being featured on various social media platforms. The seller is willing to provide support after the completion of the training term.
Asking Price
$295,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283972 | Available | 4/24/24
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
$250,143
Revenue
$1,484,585
Down
$330,000
Posting: 278359 | Available | 4/27/24
This business has $1.48m in sales and $233k SDE. Plus, the year-over-year net income is up 83% for this 30+year-old Landscape Contractor Board licensed design, installation, and maintenance business. It has organized routed monthly maintenance contracts and a crew of 12 FTE and 6 PTE.
Asking Price
$1,649,000
Cash flow
$235,715
Revenue
$1,320,000
Down
$25
Posting: 284079 | Available | 4/28/24
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
$165,794
Revenue
$1,284,252
Down
Call/Email
Posting: 280760 | Available | 4/29/24
This Central California turnkey landscaping business has continued to be the go-to landscape service provider in the area. This business has built an excellent reputation in the industry and community and provides prospective buyers with a great opportunity to grow their existing account base.
Asking Price
Call/Email
Cash flow
$175,000
Revenue
$525,000
Down
$300,000
Posting: 276123 | Available | 4/29/24
Must see a 100% wet cleaning plant located in West Hills near high-income Woodland Hills, Calabasas, and Bell Canyon. This is an 11 year-old, 1,200 sq. ft. plant, including shirt laundry. Most of the equipment is newer. No chemicals -- environmentally safe -- all work done in-house.
Asking Price
$500,000
Cash flow
$350,574
Revenue
$3,578,262
Down
$200,000
Posting: 285442 | Available | 4/27/24
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
$234,960
Revenue
$855,693
Down
$595,000
Posting: 280407 | Available | 4/29/24
Price reduced! SBA approved! This is a great opportunity to own a well-established, leading sign design & manufacturing franchise providing custom sign solutions, interactive digital signs, vehicle wraps and graphics, point of purchase, trade show and table graphics, printing services, and banners.
Asking Price
$595,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286142 | Available | 4/26/24
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
Total Investment
$69,000
Min Liquid Cash
$59,000
Net Worth
N/A
Posting: 285583 | Available | 4/28/24
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285418 | Available | 4/29/24
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: 278573 | Available | 4/28/24
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
$475,000
Revenue
$3,000,000
Down
Call/Email
Posting: 267141 | Available | 4/30/24
For sale are two bagel and sandwich shops that are available. They are in excellent commercial areas that have a hospital and residents that are high and middle-income. 2022 Year to Date made approximately $3 Million / Pandemic approximately $2.7 million plus 2020.
Asking Price
$1,675,000
Cash flow
$150,374
Revenue
$694,476
Down
$32,000
Posting: 286289 | Available | 4/26/24
This long-established optical store specializes in world-class customer service and designer eyewear. They are experts on lens technology and will consult with you for the best lens for your lifestyle. Their staff care how you look. They will evaluate, the shape, color, and style.
Asking Price
$320,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 278808 | Available | 4/28/24
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
$180,000
Revenue
Call / Email
Down
Cash
Posting: 248011 | Available | 4/30/24
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
$60,000
Revenue
$200,000
Down
$250,000
Posting: 285036 | Available | 4/24/24
This is a laundromat located at Signal Corner Shopping Center. It has busy foot traffic. There are brand new 64 Unit apartment opening across the street in March. It has had the present owner for 8 years and there is still lots of potential to increase the sales revenue.
Asking Price
$250,000
Cash flow
$50,000
Revenue
$380,000
Down
$154,900
Posting: 284866 | Available | 4/25/24
This is your opportunity to own a Baskin Robbins ice cream store in Sunny San Diego County. Baskin Robbins is the #1 ice cream franchise in the World. The store opened in July 2017. The current owner purchased the store in January 2019. It is located in a great shopping center.
Asking Price
$154,900
Cash flow
$79,582
Revenue
$946,806
Down
$125,000
Posting: 281196 | Available | 4/29/24
Discover the premier school uniform supplier serving Bay Area schools since the 80s! This business provides top-quality uniforms, exceptional service, and competitive prices. Whether you visit their store, attend their mobile sale events, or shop online, you'll experience superior customer care.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285056 | Available | 4/25/24
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
Call/Email
Revenue
$4,500,000
Down
Call/Email
Posting: 285309 | Available | 4/24/24
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
N/A
Revenue
N/A
Down
Call/Email
Posting: 286093 | Available | 4/28/24
This is an FDA Registered Manufacturing Facility for: Dietary Supplements, Food, Alcoholic Beverages, Beverages, Coffee, Tea, Dressing & Condiments. Get the chance to start a ready to go Dietary Supplement Manufacturing Facility and Co-Packing / Contract Manufacturing Facility. Huge Potential!
Asking Price
$249,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 279812 | Available | 4/28/24
This well-established award-winning Agency has been serving the Wilmington area since 1986. The office is located between several major cities on the East Coast and has a diverse population of many rich cultures and communities.
Asking Price
$680,000
Cash flow
Call/Email
Revenue
$1,000,000
Down
Call/Email
Posting: 286054 | Available | 4/28/24
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
$379,511
Revenue
$1,556,447
Down
$1,125,000
Posting: 280303 | Available | 4/29/24
This company is one of the largest non-surgical hair restoration providers for women, men, and children who experience any type of hair loss. Wigs are a small part of revenue the large majority of revenue is hair restoration with jobs starting at $1,500 up to $7,000 or higher plus revenues.
Asking Price
$1,125,000
Cash flow
$120,000
Revenue
$840,000
Down
$338,000
Posting: 282386 | Available | 4/25/24
For sale is a charming oyster bar, nestled in the heart of a renowned beach community's bustling restaurant row. With its prime location and inviting front patio, this establishment radiates a vibrant ambiance and boasts tasteful improvements. It comes with an active Type 41 ABC license.
Asking Price
$338,000
Cash flow
$219,950
Revenue
$219,950
Down
$2,900,000
Posting: 283295 | Available | 4/28/24
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
$1,900,000
Revenue
$9,500,000
Down
Call / Email
Posting: 271089 | Available | 4/26/24
Profitable commercial construction general engineering contractor, with recurring Fortune 500 customers, over 50 employees, and extensive equipment and vehicles. In San Francisco Bay Area. Customers consist of major telecommunications and other Fortune 500 companies throughout Northern California.
Asking Price
$8,000,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 286166 | Available | 4/29/24
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
I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a business evaluation & SWOT analysis for your business anywhere in the USA.
ServingNationwide
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
ServingNationwide - All Areas
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
I am the Founder Of BizBen.com. I consult daily with intermediaries, business buyers, owner/sellers & advisors daily about buying and selling California small to mid-sized businesses. Contact me today about joining & utilizing BizBen, consultations, & advisory services.
ServingNationwide - All Areas
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
Christina Lazuric, an Orange County Business Broker shares her views with BizBen.com blog readers on understanding seller discretionary earnings when buying or selling a small business for sale.
Financing a business purchase, or getting cash for a down payment can take many forms. Hopefully the options listed below will give you some ideas where you can find the money to buy a California business!
Most potential business buyers think that they have seen everything that there is to see when looking to buy a California small business. A great strategy overlooked is to go back and review mature business for sale listings. Business broker Christina Lazuric explains why in her latest blog...
Business notes are created when a business owner sells a business and "carries back paper". This is more commonly referred to as seller financing. The note is secured by the business and its assets.
A potential small business owner/seller asks the question: I have a preschool and am thinking about selling it but my lease is ending soon. What would be the best thing to do? Do I renew the contract or do I act the landlord to sign a contract to the new buyer? and is it a good time to sell?
The likelihood of selling a business is often determined by external factors in the marketplace. Here are eight influences on how easy, or difficult it might be when selling a small business. Peter Siegel discusses these factors in a BizBen.com article.
One of the strategies for selling your business to a very cautious buyer is to relate the price to performance of the company in the months after the buyer takes over. Peter Siegel with BizBen.com explains this strategy.
Don't buy a laundry business before reading these 5 tips to maximize your investment. You'll soon be able to buy a laundry with confidence! Peter Siegel, MBA with BizBen.com discusses this topic.
The three most widely used sources of funds for financing business purchase assets are buyer's cash, seller financing, and SBA bank loans. Peter Siegel, MBA with BizBen.com and an SBA loan consultant & placement specialist explains the differences between them.
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.
Before you buy a dry cleaners small business, read these critical tips about this industry. Discover why a dry cleaner needs to be "green" to be profitable. Peter Siegel, MBA (BizBen ProBuy, ProSell Program Advisor) explores this topic and other helpful strategies on buying a dry cleaning store.
Laundromats undeniably represent a fantastic business opportunity. They offer high returns and require minimal hours, making them an attractive investment. Even during severe economic downturns, laundromats prove resilient as they provide an essential life service, but why do laundromats fail?
For Laundromat investors looking to enter the industry, these are challenging times. This significant industry that is surging due to "smarter" equipment, cleaner spaces, more staff, & the larger payback for offering a better customer experience. But, brokers & sellers have unrealistic valuations.
The coin-operated laundry business has undergone significant changes, evolving beyond its traditional model. Laundromats are now transforming into comprehensive "laundry businesses." This shift reflects a broader approach that goes beyond mere self-service coin-operated machines.
Chuck Post hosts these live FREE online webinars on Buying A Card or Coin Laundry. These webinars occur every Weds at Noon. Have your questions ready for an open and honest discussion about both the Pro & Cons of the Vended Laundry Business. RSVP or for more info phone Chuck at 619-227-5711 direct.
Laundry buyers and investors should expect both challenging times and opportunities for success in 2022 and 2023. Chuck Post, Laundry Industry Advisor explores growth opportunities, equipment advances, industry challenges and trends all laundromat buyers and investors should know about.
Utility rates are on the rise. I am getting calls from laundry owners complaining of the costs, asking for ideas. So what is the answer? What is the best approach in combating these costs? Chuck Post, laundry consultant discusses strategies for keeping coin laundry utility costs under control.
The answer is that success lies in the control of the Laundry Operator who is willing to address the questions and make the modifications to better service today's service conscious customers. For those that pay attention and take action the future looks better than ever.
The laundry business offers all of those rewards of business ownership, with much fewer headaches than with most other businesses. However buyer beware - Chuck Post, laundry broker and consultant covers several mistakes many first time laundry buyers commit when buying a California laundromat.
Many Californians want to buy a coin laundry because it's a business that doesn't require full time owner attention and because, as an all cash business, the owner is always paid before the service is provided. But there are a few misconceptions about the business and a buyer should have the facts.
Today, we see more growth in the white-collar sector than we do in blue-collar entering the laundry business. We are also happy to see a rapidly growing representation of Black and Hispanic investors; women entrepreneurs are possibly one of the fastest growing segments.
A laundromat needs to be thoroughly looked over before a buyer should complete an acquisition. The income is important of course but, the path forward is even more important. Chuck Post, Laundry Advisor, Due Diligence Consultant offers laundry buyers valuable advice on this BizBen blog post.
When investing in a laundry business, there are two methods. One is preferred, but the other is far more common. If you are considering entering into a new industry, like most now entering the laundry industry, you want to have a good understanding of both opportunities. Chuck Post explores both.
Chuck Post, a leading laundry expert with over 37 years of developing laundries, retooling, and rebranding hundreds of existing laundries, tells investors how to search, find, evaluate, and do good laundry due diligence laundries for acquisition. A must read for new investors & current operators.
The coin laundry industry is nearly 50 years old and most laundries are operated by individual owners. Mike Hurrell with Golden State Laundry Systems discusses how to buy a coin laundry. Topics include financing a coin laundry, what to look for, what types of laundries are available in Southern CA.
Laundromats and coin operated Laundromats are popular choices among business buyers as they often can be successfully run as an absentee run business. You need to be strategic about when you sell your Laundromat so you don't get taken to the cleaners by a buyer and so that you maximize your profits.
What is the extent of the buyer's obligation to investigate a business before purchasing it? Chuck Post a specialist in assisting buyers and sellers with coin laundries in California explores his views on laundry due-diligence.
Coin operated laundry for sale (also referred to as a laundromat), which typically can yield a 20% to 30% profit (before taxes, interest, depreciation and amortization) on gross revenues to the owner. Peter Siegel, MBA with BizBen.com discusses this topic on buying small to mid-sized laundromats.
How does the laundromat business look as we enter this changing environment? Is it still as easy to operate a laundry and be profitable? Is it still the American Dream Business that it has been known to be? Yes, but… Chuck Post, Laundry Advisor & Consultant initiates this BizBen Discussion post.
We are finding that many laundry buyers and investors are not being given true light to selected elements of value or there are inconsistencies in the interpretation of these elements of value. This common error needs to be addressed. In this BizBen Discussion we address many of those factors.
Are laundries good investments for buyers? Chuck Post, (at 619-227-5711 - California laundry consultant, due diligence services, and laundry buyer representation) discusses this topic with other advisors & brokers in this BizBen Discussion about laundry investments and if they are good investments.
Chuck Post a laundry consultant, specialty broker, buyer representative & due diligence advisor starts this discussion on why it's important to have an exit strategy in mind while buying a laundromat! He & others explain why this concept is so important for buyers especially in the laundry business.
However all the laundry listings are asking 4X to 5X multiple for an asking price! Is this reasonable, standard? We are are looking buy either a coin or a card laundry and want to pay a "fair" price. What factors go into valuing a laundry business these days? Multiple Advisors answer this question.
When buying an Elderly Care Home what should potential buyers always ask the broker or owner before proceeding? Find out in this Discussion on BizBen. Items buyers of elderly care homes will want to know more about why the seller is moving on, average length of stay, placement fees paid, etc.
What should you look out for when buying a beauty salon business? Buyers kept asking us so I decided to go over the basics plus a bit more and discuss items like: independent contractors vs employees, inventory considerations, licensing issues, escrow considerations, and of course valuation ranges.
A business buyer asks about the viability and purchase of a home health care service and about the future of this industry - Peter Siegel, MBA takes on this question with other ProIntermediaries & Advisors on BizBen regarding the home health care industry and it's future for potential buyers.
I would like to start this discussion and see what other BizBen Users feel about (and possible contribute to this list via a comment and replies below) what items/questions/information buyers should be thinking about during the due diligence and buying process of manufacturing related businesses.
Is a dog grooming business for you? Business broker Joe Ranieri ponders this question with BizBen viewers and answers this question along with other intermediaries and advisors. Some replies cover: brick and mortar vs. mobile, licenses & certifications, maintaining and growing a clientel, etc.
The only time to get an exact and accurate inventory count, and valuation, is at the time the business is being transferred. To do so beforehand, would mean that any merchandise sold after inventory is taken, but before close of escrow - Peter Siegel, MBA with BizBen & others discuss this topic.
Buying a liquor store can present some major challenges to business buyers - a recent client on the BizBen ProBuy Program relates to Peter Siegel, MBA what the major challenges may be when searching for and buying a Californa liquor store business. I welcome other Advisors to weigh in on this topic.
Buying a gas station can be a profitable business. From my experience, here are the pros & cons of buying a gas station that I share with BizBen ProBuy Buyers when they come to me to to get pre-qualified for financing to buy a gas station (with or without real estate). I discuss all these factors.
How much money should you expect to make when buying an automatic car wash? Peter Siegel, MBA (BizBen ProBuy Program Director and Business Purchase Financing Expert) explains with other brokers, intermediaries, and advisors info on this topic.
This is a hard question to answer specifically without any knowledge of the business. What kind of car wash it is (auto, self-serve, or full service)?, How many bays does the car wash have? Is there any other streams of revenue? We discuss this topic regarding car washes on this BizBen Discussion.
Before purchasing a car wash (quick serve or full serve) you must understand that the industry as a whole will provide you with plenty of competition. More importantly, depending on what your interests are, you will identify what type of car wash you want. We discuss this all in this Discussion.
Doing due diligence when buying any type of business is extremely important. Regardless of what type of business you are buying there are certain things you will always look at such as, financials, equipment, legal issues etc. We take a look at several angles for optimal gas station due diligence.
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.
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.
