Cash flow
$510,000
Revenue
$9,000,000
Down
All Cash
Posting: 283259 | Available | 2/6/24
This is a major brand gas station for sale pumping $210,000 gallons at an average 30-35 margin and the market (beer and wine) is doing about $30,000 at a high margin. There is potential to do a lot more. There are 6 years left on the lease. It is in a great, safe west-side area on a busy street.
Asking Price
$2,550,000
Cash flow
$467,091
Revenue
$1,005,739
Down
Call/Email
Posting: 285009 | Available | 2/5/24
Founded in 1977, this precision aerospace machine shop specializes in the manufacturing of high-precision miniature CNC machined components. The business has established itself as a key player in the industry, providing essential parts to major defense companies.
Asking Price
$1,355,000
Cash flow
Call/Email
Revenue
$150,000
Down
Call/Email
Posting: 281076 | Available | 2/3/24
This is a popular hair salon with 17 years of history in Torrance, CA. The owner intends to retire and sell the business. This salon is good for the start-up hair salon business and expanding business. The owner will transfer the customer list of approximately 1,000 customers.
Asking Price
$80,000
Cash flow
$12,000
Revenue
$660,000
Down
$45
Posting: 278160 | Available | 2/3/24
This is a great beer & wine market for sale in a good neighborhood near the city of La Mirada. The asking price is $259,000. The gross sales are $55,000 per month and the rent is $2,600 per month.
Asking Price
$259,000
Cash flow
Call/Email
Revenue
$1,800,000
Down
$400,000
Posting: 281354 | Available | 2/3/24
For sale is a liquor and wine shop that is absentee-run, but if the new owner is involved there can be more potential. It is high-volume at $150,000 + monthly and the business hours are from 7:30am-11pm/12am on weekends (there are no ABC conditions). Only Street Parking.
Asking Price
$1,190,000
Cash flow
$240,000
Revenue
$2,122,000
Down
Cal/Email
Posting: 284972 | Available | 2/2/24
This franchise business is offering 2 locations in North Los Angeles County is a fast-growing, low food cost concept with 11 years of sales history and tremendous regional brand recognition throughout Southern California. A patented process allows for serving a customized salad meal in ~3 minutes.
Asking Price
$595,000
Cash flow
$335,608
Revenue
$1,282,536
Down
Call/Email
Posting: 284478 | Available | 2/2/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,050,000
Cash flow
N/A
Revenue
N/A
Down
$1,500,000
Posting: 284961 | Available | 2/1/24
This is a 24-unit apartment for sale in Los Angeles, CA at a great location. The asking price is $5,000,000 and the capital rate is 5.5%. This is a very good opportunity.
Asking Price
$5,000,000
Cash flow
$160,000
Revenue
$575,000
Down
$50
Posting: 284968 | Available | 2/1/24
This store is an oil lube business. The store located a big shopping center with densely populated area. It is semi-absentee run (seller working 2 days/week). It is very clean and is so easy to run. It has short opening hours, Monday to Friday 8 hours, Saturday and Sunday 6 hours.
Asking Price
$495,000
Cash flow
$120,000
Revenue
$660,000
Down
$120,000
Posting: 284943 | Available | 1/31/24
This Korea Town, Los Angeles market is for sale. The market is located in a small shopping center. The opening time is from 8 AM to 10 PM. The lease has 7 years left and the space is about 900 SF plus another storage of 80 SF. The extra income from lotto is about $3,000 per month.
Asking Price
$280,000
Cash flow
$67,200
Revenue
$138,000
Down
$60,000
Posting: 284941 | Available | 1/31/24
Explore an excellent business opportunity with this well-established dry cleaner plant situated in a bustling shopping center. Operating from 8 am to 7 pm on weekdays and 9 am to 4 pm on Saturdays, the business has been successfully running for approximately 40 years.
Asking Price
$60,000
Cash flow
$195,000
Revenue
$995,450
Down
Call/Email
Posting: 283889 | Available | 1/31/24
Unlock the door to success with the acquisition of a renowned and profitable luxury nail bar and spa in the heart of Los Angeles, CA. With a decade of excellence in the industry, this establishment has carved a niche for itself, synonymous with quality, opulence, and unparalleled customer service.
Asking Price
$449,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 283558 | Available | 1/31/24
Are you ready to embark on a journey of nostalgia, excitement, and prosperity? Look no further than our renowned franchise store, where we offer a delightful assortment of one-of-a-kind candies, beverages, and charming gifts. It is in a high traffic, affluent area and is semi absentee run.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 238599 | Available | 1/30/24
This full-service hand car wash has been reduced by 50% for a quick sale! The business is strategically located in a very densely populated residential and business community. There is potential for remodeling and to add business improvements to increase revenues.
Asking Price
$450,000
Cash flow
$180,000
Revenue
$895,392
Down
Call/Email
Posting: 284916 | Available | 1/30/24
Situated in a high-traffic plaza, this restaurant holds significant potential, surrounded by renowned eateries and tea cafes that attract a diverse crowd. Originally focused on K-food, the menu has evolved to include new rolls and ramen, expanding our customer base.
Asking Price
$445,000
Cash flow
$100,000
Revenue
$1,080,000
Down
Call/Email
Posting: 283787 | Available | 1/30/24
For sale is a Korean BBQ restaurant that is 100% absentee-run. The size is 2,000 sq ft. for a rent of $7,718 per month including water and trash. The lease has 3 years left with a CPI yearly increase. There are 15 hoods. The gross is $90K per month and the net is $9-10K per month.
Asking Price
$300,000
Cash flow
$10,000,000
Revenue
$54,000,000
Down
Call/Email
Posting: 277316 | Available | 1/30/24
For over 30 years, this established full-service clinical diagnostic laboratory has been providing a wide array of testing services. The company employs over 200 employees in Southern, Central California, and Nevada. The company's customers include smaller laboratories and clinics.
Asking Price
$40,000,000
Cash flow
Call/Email
Revenue
$400,000
Down
Call/Email
Posting: 283529 | Available | 1/30/24
For sale is a mochi donut franchise located in a very busy shopping center in Long Beach. The current owner doesn't have enough time to take care of this business and has to let it go quickly. The seller will consider any reasonable offer price.
Asking Price
$99,000
Cash flow
Call / Email
Revenue
$420,000
Down
$250,000
Posting: 274545 | Available | 1/29/24
This is well established fully equipped auto body shop located on the heart of Covina city. Building space is 7000 sq. ft. Annual average gross sales is over $420,000 with huge opportunity to increase. Seller is retiring.
Asking Price
$100,000
Cash flow
$117,600
Revenue
$468,000
Down
Call/Email
Posting: 284891 | Available | 1/29/24
This employee-operated sandwich restaurant, a hidden gem in Santa Clarita, offers unparalleled and scrumptious sandwiches made from high-quality ingredients. With a focus on sub and giant club sandwiches, it presents a great opportunity for an owner-operator to take this well-established business.
Asking Price
$365,000
Cash flow
$61,784
Revenue
$244,201
Down
Call/Email
Posting: 284874 | Available | 1/26/24
Seize the golden opportunity of owning an iconic tanning salon with a loyal base of long-term, repeat customers. This thriving business is a sun-kissed haven that promises not just a bronzed glow but also a steady stream of recurring clientele.
Asking Price
$75,000
Cash flow
Call/Email
Revenue
$1,320,000
Down
$800,000
Posting: 283191 | Available | 1/25/24
This is a freestanding liquor and wine shop with the property for sale in the Los Angeles area. They have a great gross profit and extra income. It is mainly employee-run. It is in a mixed-area. It is 4,800 sq. ft on a lot size of 7,000 sq. ft. Business hours are 7am-12am every day.
Asking Price
$3,499,000
Cash flow
$-112,147
Revenue
$853,679
Down
Call/Email
Posting: 284851 | Available | 1/24/24
This business was established in 1989 and is located in northern Los Angeles County. It is prominent in the community and is a combination of music store, music school, repair shop, and performance venue. It was established in 1989 and underwent a transformation in 2019.
Asking Price
$525,000
Cash flow
$120,000
Revenue
$1,000,000
Down
Call/Email
Posting: 284844 | Available | 1/24/24
This long-established and award-winning (Top 100 restaurants in LA) Mexican restaurant with a full bar and a large patio. It is located in coastal Long Beach in a busy shopping center with major tenants. There is a long-term lease in place for a qualified buyer and the rent factor is below 10%.
Asking Price
$249,000
Cash flow
$111,889
Revenue
$1,058,084
Down
Call/Email
Posting: 284836 | Available | 1/24/24
Founded in 1978, this thriving flooring business with 45 years of success has established itself as a staple in the industry. With a consistent stream of contractors, designers, and customers relying on their impeccable flooring solutions, Their reputation drives steady word-of-mouth referrals.
Asking Price
$217,000
Cash flow
$605,000
Revenue
$3,066,000
Down
$250,000
Posting: 284832 | Available | 1/24/24
Founded over 37 years ago, this widely recognized commercial plumbing business has developed a reputation throughout the industry for consistency, reliability, and quality. The business has had a solid record of growth over the last 37 years.
Asking Price
$2,039,988
Cash flow
$80,156
Revenue
$172,007
Down
$119,000
Posting: 284828 | Available | 1/24/24
An incredible chance to become the owner of a pet grooming business in a busy center in LA city. Distinguishing itself from the rest, this one-of-a-kind venture faces no direct competition and is housed in a standalone shop. Bolstered by a remarkable online presence, they have outstanding reviews.
Asking Price
$119,000
Cash flow
$3,830,730
Revenue
$26,912,323
Down
Call/Email
Posting: 284824 | Available | 1/24/24
This well-established freight company provides drayage services from the ports of Los Angeles and Long Beach to warehouses in Southern California. The company was established over 37 years ago and has over 130 customers in diverse industries.
Asking Price
Call/Email
Cash flow
$200,000
Revenue
$1,012,000
Down
$750,000
Posting: 284802 | Available | 4/23/24
These are nine FedEx home & ground delivery routes for sale for $750,000. Currently grossing $1,012,000+ and has an estimated adjusted cash flow of $200,000+ per year. Includes 11 FedEx delivery vehicles worth an estimated $368,000 and 10 employees (FT & PT) in place.
Asking Price
$750,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 286166 | Available | 4/23/24
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
Call/Email
Revenue
$525,000
Down
Call/Email
Posting: 285786 | Available | 4/19/24
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
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285418 | Available | 4/23/24
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
$464,879
Revenue
$2,899,885
Down
$1,599,000
Posting: 278295 | Available | 4/24/24
This company has over 40 years of experience in California's landscape construction and maintenance sectors. This company's stellar reputation and lengthy client list have enabled it to be an industry go to company. The business has concentrated on offering a wide variety of residential design/build
Asking Price
$1,599,000
Total Investment
$200,000
Min Liquid Cash
Call/Email
Net Worth
N/A
Posting: 284296 | Available | 4/23/24
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
$1,900,000
Revenue
$9,500,000
Down
Call / Email
Posting: 271089 | Available | 4/19/24
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
$175,000
Revenue
$525,000
Down
$300,000
Posting: 276123 | Available | 4/23/24
Must see a 100% wet cleaning plant located in West Hills near high-income Woodland Hills, Calabasas, and Bell Canyon. This is an 11 year-old, 1,200 sq. ft. plant, including shirt laundry. Most of the equipment is newer. No chemicals -- environmentally safe -- all work done in-house.
Asking Price
$500,000
Total Investment
$543,000
Min Liquid Cash
$200,000
Net Worth
$200,000
Posting: 284007 | Available | 4/24/24
Take a BITE out of the pet care industry with five key revenue drivers in one modern facility! Founded in 2009 by a visionary who had spent years in research and planning for an all-inclusive dog care facility, The Dog Stop, has now developed throughout 21 states.
Franchise Fee
$49,500
Cash flow
$403,371
Revenue
$1,264,609
Down
$1,500,000
Posting: 285940 | Available | 4/23/24
This business specializes in providing leisure tours and charters in distinctive vehicles, catering to a niche market. As a lifestyle business, they excel in curating unforgettable experiences for special events in their customers' lives. The job is highly desirable, there is low staff turnover.
Asking Price
$1,500,000
Cash flow
$180,000
Revenue
Call / Email
Down
Cash
Posting: 248011 | Available | 4/23/24
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: 279812 | Available | 4/21/24
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
$174,802
Revenue
$759,686
Down
$300,000
Posting: 278351 | Available | 4/22/24
This iconic 40 acre property produces award winning Pinot Noir and Gris for sale through the onsite tasting room or online through their 1000+ member wine club. The main building, patio and surrounding gardens may be rented. The best escape for birders, hikers, city folk or anyone who loves wine!
Asking Price
$300,000
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
$46,623
Revenue
$381,554
Down
$35,000
Posting: 286109 | Available | 4/19/24
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
$74,842
Revenue
$142,544
Down
$125,000
Posting: 280801 | Available | 4/24/24
This female athleisure-activewear brand focuses on functional fitness clothing that celebrates each of its client's unique features. The brand delivers eco-responsible luxury and comfort designed for everything from high-powered workouts to afternoon dog walks and errands (and in between!).
Asking Price
$125,000
Cash flow
$86,284
Revenue
$116,694
Down
$750,000
Posting: 286110 | Available | 4/23/24
The Global Standard in Channel Business Certification is an industry-accredited training program for channel business professionals. The Channel Institute offers a premier sales training experience that is designed to empower individuals and teams to excel in the competitive world of sales.
Asking Price
$750,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285867 | Available | 4/20/24
This is a hospice agency for sale in Burbank, Los Angeles County, California, with first license only. It must pass the second survey. The price is $175K.
Asking Price
$175,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 278573 | Available | 4/21/24
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
$225,886
Revenue
$541,975
Down
$725,000
Posting: 285858 | Available | 4/23/24
This business is perfect for the PCOC who wants to instantly grow their business. Currently registered in 8 counties and highly profitable. High cash flow, amazing reputation with fabulous reviews. Been in business for over two decades. Residential and commercial.
Asking Price
$725,000
Cash flow
$1,000,000
Revenue
$9,000,000
Down
Call / Email
Posting: 278933 | Available | 4/19/24
Earthwork construction company - grading, asphalt paving for renovation & new construction projects, plus asphalt & concrete repairs and maintenance for recurring commercial & public customers. 30 skilled employees with capable non-owner management. Extensive equipment & vehicles. 37-year history.
Asking Price
$4,995,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284472 | Available | 4/24/24
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
$1,000
Revenue
Call/Email
Down
Call/Email
Posting: 286097 | Available | 4/23/24
Limited opportunity to launch an eco-friendly industrial coating business and take advantage of a dynamic growing industry. Sellers have acquired new equipment, obtained tentative permit approval and upgraded electrical system of leased facility. Sellers have not launched operations - yet.
Asking Price
Call/email
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285604 | Available | 4/22/24
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
$24,090
Revenue
$346,943
Down
$149,000
Posting: 285852 | Available | 4/23/24
This is an exceptional chance to acquire an established day spa, fully equipped and ready to go. 7 treatment rooms, prime location, ample parking and reasonable rent. As well as experienced employees and a large database of loyal clientele who have been enjoying the spa's benefits for over 15 years.
Asking Price
$149,000
Cash flow
Call/Email
Revenue
$1,000,000
Down
Call/Email
Posting: 286054 | Available | 4/22/24
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
$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
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
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
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
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
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
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
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
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
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.
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.
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.
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.
The laundry lease is undoubtedly of the highest element of value of the laundry investment. It is critical to get and to keep your lease in line with the operating model that is intended for your laundry. Chuck Post, laundry consultant and broker covers this topic in this BizBen blog post.
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.
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.
