Cash flow
$225,000
Revenue
Call/Email
Down
$50,000
Posting: 286541 | Available | 5/13/24
We're offering an exceptional opportunity to acquire a well-established Farmers Insurance agency, with a loyal customer base and a proven track record of success. This agency has a history of providing top-notch insurance solutions to individuals, families, and businesses.
Asking Price
$399,000
Cash flow
$300,000
Revenue
$1,500,000
Down
Call/Email
Posting: 286540 | Available | 5/13/24
This place is a hole-in-the-wall downtown and the food is amazing, excellent, tasty, phenomenal and second to none and this place is without question the best BBQ restaurant and the quality of the food is unprecedented, mouthwatering and out of this world.
Asking Price
$999,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286538 | Available | 5/12/24
A nail service and hair-cut business, operating for three years, with four chairs available for rent and significant potential! The monthly rent is $2,350. It's located in a prime spot within a shopping center. The owner is relocating to another state. It is near Arcadia and Duarte.
Asking Price
$50,000
Cash flow
$90,000
Revenue
$324,000
Down
Call/Email
Posting: 286536 | Available | 5/12/24
This restaurant is located in a plaza with a total of 5 restaurants. There is a lot of potential with a large parking lot and many customers visiting the restaurant. It is currently only open 5 days a week, but sales are expected to increase if it opens on Saturdays and Sundays.
Asking Price
$149,000
Cash flow
$120,000
Revenue
$300,000
Down
Call/Email
Posting: 286535 | Available | 5/12/24
This store has been operating in the same location for about 15 years. So this store has many regular customers and stable income. If a family runs it, it is a business that does not require much effort and yet generates a decent income.
Asking Price
$120,000
Cash flow
$7,500
Revenue
$210,000
Down
Call/Email
Posting: 283012 | Available | 5/12/24
This one stop shop offers the private mail box rentals, packing, UPS, FedEx, DHL and USPS shipping services with the notary services and much much more. This mail box rental store is hands down the best in the area and all services for any mailing related things in one location.
Asking Price
$195,000
Cash flow
$218,569
Revenue
$798,647
Down
Call/Email
Posting: 286532 | Available | 5/11/24
Looking for a lucrative opportunity in the booming robotics industry? Here's your chance to acquire a cutting-edge Robotics Company with a strong focus on innovation and technological advancement!
Asking Price
$1,000,000
Cash flow
Call/Email
Revenue
$350,000
Down
Call/Email
Posting: 286530 | Available | 5/11/24
A turnkey restaurant is available with an absentee owner, and there is some owner financing available. The restaurant is situated in a great location near LAX Airport and Manhattan Beach, as well as Downtown El Segundo. The lease is favorable with a 5-year option.
Asking Price
$120,000
Cash flow
$60,000
Revenue
$330,000
Down
$150,000
Posting: 286523 | Available | 5/11/24
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 around a school with high visibility.
Asking Price
$150,000
Cash flow
$120,000
Revenue
$480,000
Down
$70,000
Posting: 286529 | Available | 5/11/24
A market is for sale due to the owner's health forcing them to sell as they retire. The business boasts a high adjusted net income of $10,000 per month with accurate sales and income records. It is easy to operate, faces no competition, and operates from 9:30 am to 9:00 pm. The rent is only $2,400.
Asking Price
$155,000
Cash flow
Call/Email
Revenue
$450,000
Down
$135,000
Posting: 284513 | Available | 5/11/24
For sale is a well-established Hawaiian poke restaurant in the busy food court of Santa Fe Springs. Its current monthly sale is about $40,000 with Sundays closed. Its size is great 1,000 sq ft. plus a spacious patio and its rent of $6,500 including NNN. The seller will train the buyer fully.
Asking Price
$135,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$40,000
Posting: 286525 | Available | 5/10/24
An asset sale opportunity is available for a newly built pizzeria situated within the food court of City Center in Koreatown. The sale is prompted by health issues. The establishment, which is merely 3 months old, includes a provision of 4 months of rent-free occupancy at the current location.
Asking Price
$69,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286524 | Available | 5/10/24
This beautifully appointed restaurant is located in prime downtown Hermosa Beach. Live entertainment is permitted. There is a separate private office, a fully-equipped kitchen, a Type 47 liquor license, and large bar area with 12 tap tower. There is potential to add an outdoor dining deck.
Asking Price
$425,000
Cash flow
$100,000
Revenue
$720,000
Down
$120,000
Posting: 284940 | Available | 5/10/24
Discover the essence of Venezuelan cuisine in this thriving restaurant, boasting a full liquor license (47-on-sale general) for a complete dining experience. Spanning approximately 3,000 sq. ft., the restaurant offers a spacious setting with a reasonable monthly rent of $6,100.
Asking Price
$340,000
Cash flow
Call/Email
Revenue
$375,000
Down
All Cash
Posting: 285692 | Available | 5/10/24
For sale is a well-established, 100% absentee run cajun seafood & crawfish restaurant located in busy shopping center in Pomona. Because current owner has other locations and couldn't manage it well, it is being sold. It has a beer & wine license #41.
Asking Price
$169,000
Cash flow
$219,831
Revenue
$333,890
Down
Call/Email
Posting: 283627 | Available | 5/10/24
This professional dog training business is very well-established in the Los Angeles area! This business boasts solid year-over-year revenue and corresponding earnings. Dog training is a very popular business type and there is strong demand for services. Gross $333,890 Cash Flow $219,831
Asking Price
$549,000
Cash flow
$152,600
Revenue
$840,000
Down
$250,000
Posting: 281774 | Available | 5/10/24
This is a restaurant with a hookah cocktail bar, located in the famous NoHo Arts District which is the center of entertainment in LA. It has been established for 18 years, 3 years with the present owner. The building size is 2,100 SF, completely remodeled and upgraded with a modern touch.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
$100,000
Down
$99,000
Posting: 269176 | Available | 5/10/24
This dry cleaner is offered by a long-established plant located in Silverlake, situated in an extremely heavy foot traffic plaza where customers walk in every five minutes. The drycleaning Hydrocarbon Machine, an Italian-made Union brand, is only two years old and comes with no perks.
Asking Price
$99,000
Cash flow
Call/Email
Revenue
$255,000
Down
$299,000
Posting: 286518 | Available | 5/10/24
This dry cleaner with a plant long established in Silverlake is available. It is situated in an extremely heavy foot traffic plaza where customers walk in every five minutes. The Drycleaning Hydrocarbon Machine, which has no perks, is only two years old and is of Italian make, Union brand.
Asking Price
$299,000
Cash flow
$20,626
Revenue
$311,948
Down
Call/Email
Posting: 286516 | Available | 5/10/24
This established franchise hair salon specializes in convenient, affordable haircut services. The location is on a busy well traveled highway, surrounded by the upscale communities. The franchise hair salon customer base skews heavily (70%) male.
Asking Price
$99,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284070 | Available | 5/10/24
Here's your chance to acquire a thriving Home Health Agency in Los Angeles, California. With impressive revenue figures, full Medicare census, prestigious contracts, and accreditation, this agency is primed for success.
Asking Price
$1,800,000
Cash flow
Call/Email
Revenue
$900,000
Down
$350,000
Posting: 285441 | Available | 5/9/24
For sale is a very clean and nice liquor and wine shop at city of Torrance with nice ample parking space. It is in a safe location and busy street in a mini shopping center. The size is about 2,100 sq ft. for a rent/lease of $6,100 plus NNN ($800).
Asking Price
$550,000
Cash flow
Call/Email
Revenue
$1,080,000
Down
$200,000
Posting: 284863 | Available | 5/9/24
This is a mid-size Latino supermarket with meat, produce, a hot-deli, a bakery, and adding check cashing business (big potential). All fixtures and equipments are all most brand new. It is surrounded by many residential and apartment areas. It is in a Hispanic population.
Asking Price
$399,000
Cash flow
$164,390
Revenue
$358,254
Down
Call/Email
Posting: 283117 | Available | 5/9/24
This profitable wholesale floral arrangement business has exponential year-over-year growth! The business provides beautiful, artisanal, handmade floral arrangements to affluent, gourmet, and natural grocery stores.
Asking Price
$245,000
Cash flow
$130,000
Revenue
$700,000
Down
Call/Email
Posting: 278425 | Available | 5/9/24
A long, well-established bakery with good potential is located in a big shopping center in the South Bay. The business is half absentee-run but remains profitable, boasting a loyal base of repeating customers. Its prime location in the South Bay adds to its appeal.
Asking Price
$200,000
Cash flow
N/A
Revenue
$480,000
Down
$79,000
Posting: 286509 | Available | 5/9/24
Since its establishment in 2010, the business has been under the current owner's stewardship for one and a half years. Situated in a large shopping center, it benefits from being anchored by numerous franchise retailers, attracting significant vehicular and foot traffic.
Asking Price
$79,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286508 | Available | 5/9/24
This commercial kitchen space is primed for a new owner. This asset sale encompasses all commercial equipment and small wares, offering a fully equipped environment suitable for baking, catering, ghost kitchen operations, or shared facility arrangements. Strategically located in Los Angeles country.
Asking Price
$129,000
Cash flow
$180,000
Revenue
$720,000
Down
Call/Email
Posting: 286507 | Available | 5/9/24
A well-established smoke shop, located in a great shopping center near Arcadia and Duarte, is currently a steady and profitable business. The owner is planning to retire. The gross sales amount to $60,000 a month, making this a good opportunity for potential buyers.
Asking Price
$185,000
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 279812 | Available | 5/12/24
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
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
$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
$200,000
Revenue
$1,046,000
Down
$181,250
Posting: 284627 | Available | 5/14/24
New Pricing! These are ten FedEx home & ground delivery routes for sale for $725,000. Currently grossing at $1,046,000 + and has estimated adjusted cash flow of $200,000 + per year. This includes 10 FedEx delivery vehicles that are worth an estimated $313,000 and 11 employees (FT & PT) in place.
Asking Price
$725,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286238 | Available | 5/16/24
Historic restaurant and bar, East of Alpine. This stand-alone 4,500 sq. ft building with a patio and full kitchen equipped with an A1 hood. Keep it as is or explore new concepts. ABC type 47 license available separately. Unlimited potential for menu expansion, live entertainment, and marketing.
Asking Price
$199,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283972 | Available | 5/15/24
City Center Realty Group is pleased to present a lucrative car wash for sale in the Sacramento, CA area. This turn-key operation features brand-new machinery and equipment, situated in a prime, high-traffic location with an estimated 65,000 cars passing by daily.
Asking Price
$2,399,000
Cash flow
$434,523
Revenue
$848,523
Down
$1,300,000
Posting: 283676 | Available | 5/12/24
This business is a distinguished consulting firm in workplace training programs geared towards public safety professionals, private organizations, non-profits, healthcare professionals, and municipalities. It distinguishes itself placing a strong emphasis on the cultivation of essential soft skills.
Asking Price
$1,300,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 284324 | Available | 5/15/24
This is a high-end nail & massage Salon for sale in Central San Diego. It is a beautiful salon in a great location with an excellent reputation. There are currently 8 nail techs and 2 massage technicians. There is room for 4 more nail techs and another massage technician. The techs are all paid 50%.
Asking Price
$99,000
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
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
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
$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
Bldg Size
Call / Email
Space Being Rented
Call / Email
Year Built
Call / Email
Posting: 286615 | Available | 5/16/24
We own a grocery store and have a space in our parking lot for either a food truck or a taco truck. It is a very busy store and is a great space with lots of homes in community. Terms are negotiable. (Store is open from 6am to 12am, so no issue on hours of operation).
Lease Amount
$0
Total Investment
$100,000
Min Liquid Cash
$80,000
Net Worth
$100,000
Posting: 284068 | Available | 5/15/24
S.A.M offers individuals and companies of all sizes the opportunity to fulfill a passion for nurturing young minds while running a profitable and rewarding business. Our program uses the two-pillared approach of Classroom Engagement and Worksheet Reinforcement.
Franchise Fee
$25,000
Cash flow
$175,000
Revenue
$525,000
Down
$300,000
Posting: 276123 | Available | 5/17/24
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
Cal//Email
Revenue
$1,400,000
Down
$112,500
Posting: 286469 | Available | 5/15/24
An established boba business is selling a high-performing store, along with exclusive territory rights for the Bay Area. The business offers several streams of residual income and operates as a turnkey operation, making it easy to manage. However, potential buyers must possess restaurant experience.
Asking Price
$750,000
Cash flow
$52,612
Revenue
$268,777
Down
$125,000
Posting: 283393 | Available | 5/18/24
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
$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
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
call/email
Revenue
$1,051,340
Down
$160,000
Posting: 282462 | Available | 5/13/24
A full-service electric contractor 65 years of experience serving Bay Area Customers. With projects ranging from ground-up to design-build, tenant improvements, seismic upgrades, historic renovations, remodeling & more.$30M approx projects pending 2023.12 Vehicles Included
Asking Price
$800,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284105 | Available | 5/15/24
This is an absentee-run Subway franchise for sale in a busy shopping centre near Safeway. There is a lot more potential for more profits/sales with an owner-operator. This store was recently remodeled. Subway is the world's largest sub sandwich chain with more than 40,000 locations.
Asking Price
$120,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284472 | Available | 5/15/24
This is an exceptional restaurant & banquet facility for sale! This is a full-service banquet facility with ABC Type 47 liquor license & ABC Type 58 for catering. They have a seating capacity of over 360. There is vast parking space for guests and it is easily accessible from major freeways.
Asking Price
$4,500,000
Total Investment
$543,000
Min Liquid Cash
$200,000
Net Worth
$200,000
Posting: 284007 | Available | 5/15/24
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
$50,000
Revenue
$380,000
Down
$154,900
Posting: 284866 | Available | 5/12/24
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
$235,000
Revenue
$1,740,000
Down
$210,000
Posting: 286256 | Available | 5/14/24
Work in a recession-resistant industry where weekly pay is guaranteed. Straightforward business model - simply manage your fleet and team of drivers. No accounts receivable. No rental space required. No inventory required. No marketing required. Steady, predictable revenue.
Asking Price
$875,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285867 | Available | 5/14/24
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
$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
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
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
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Don't confuse a business opportunity with a going business for sale. In the broadest sense, an existing business being offered on the market is sometimes called a business opportunity. But for a buyer's purposes, seeking to invest in a business to own and operate, there are important differences.
It is not uncommon for business Owner/Sellers to get uncomfortable when a potential Buyer requires a SBA loan to purchase the Seller's business. Often times Owner/Sellers will say "the Buyer is the one getting the loan; why am I the one under the microscope?" This blog post addresses this topic.
Depending on the type of business being sold, a month-to-month situation can be severely detrimental to the value of the business. Peter Siegel, MBA Founder of BizBen (and Lead Facilitator at BizBen) explores the issue of month to month leases in this blog/article.
Throughout the recession, it was very difficult to get approved for business purchase financing. If you are considering incorporating some alternative funding sources in your next small business acquisition, here is what you need to know to protect yourself and your investment.
In my opinion and experience, an LOI may very well be appropriate for lower middle market transactions of $5,000,000 or more; but, for deals less than that an Asset Purchase Agreement ("APA") with contingencies on the actions of the buyer (and seller) is much more efficient and effective.
To receive the fullest exposure for selling their business, small business owner/sellers should make sure their listing broker or agent is co-operating with other business brokers and agents on their deal. Christina Lazuric a Orange County business broker discusses this topic with BizBen Users.
Using an earn out can benefit both buyer & seller of a business purchase. A recent question by a buyer in the BizBen ProBuy Program about the best way to structure a business earn out prompted me to ask a panel of BizBen Resources how they would deal with the buyers question on earn out structures.
In this month's Business Buyer survey for BizBen.com, we asked participants in our ProBuy Program and 250 other random business buyers what they look for and avoid when looking at a business for sale postings online. Of the 20 potential posting characteristics we asked about, 8 stood out.
For those who don't know, a non-compete agreement is a contract between a buyer and seller of a business, which after the sale, prohibits the seller from engaging in direct competition with the business they previously sold. Joe Ranieri (Business Broker) adds this topic to a BizBen Discussion Post.
In our BizBen.com June 2021 Monthly Report the top ProIntermediaries and ProAdvisors on BizBen offer their thoughts about the current status of the business for sale marketplace with trends and predictions for Business Buyers, Owner/Sellers, Business Brokers, Agents, Advisors in the near future.
Can a seller of a small business back out of an ongoing escrow? Probably, yes, it all depends how far along the escrow is, which will dictate how messy things will get for both owner & buyer. Joe Ranieri (Southern California Business Broker) gives his feedback with others on this BizBen Discussion.
Sometimes business brokers just can't win with their clients, because if an offer comes in too fast & too early then they must have lowballed the price & the seller is suspicious, and if not enough offers come in after putting the business on the market - they may look unproductive to their clients.
Changing hands of business ownership can seem both exciting and daunting to all parties involved, but it's important that a smooth transition occurs to maintain or achieve success of the business. Here are some tips I recommend ensuring things go smoothly when buying a California small business.
As the year winds down, it's tempting for business brokers to go through their old files and throw them out to make room for new client's folders, but that would be foolish. Joe Ranieri (Orange County Business broker) discusses strategies for saving files - a key annual strategy for brokers/agents.
Should small business owners/sellers or brokers/agents give potential buyers direct access to past company tax returns and financials (profit & loss statements) either before or pre the due diligence process? Multiple ProIntermediaries and ProAdvisors discuss this topic on this BizBen Discussion.
When seeking SBA loan financing many potential business buyers have wrong information about the process of securing the best financing to buy a business. Peter Siegel, MBA a business purchase financing expert delves into the myths regarding SBA financing and business purchase financing.
We're hearing more and more about "crowd funding" through sites like gofundme and kickstarter as a possible way to raise the cash needed to buy a small business. This method of collecting funds has proven successful in other kinds of situations. Could this strategy work when buying a small business?
We all understand the idea of paying too much for a small business. But is there such a thing as not paying enough? That seems like an odd notion, but I'm familiar with situations in which a buyer acquired a small business for a figure substantially under what probably was market value.
Overpricing is the number one mistake sellers and their brokers make when putting businesses on the market. Even profitable, well-managed businesses can get buried under a bad number. Brian Loring (Los Angeles County Business Broker) discusses "the tangible trap" and how to avoid it when selling.
A huge part of any exit strategy is properly planning for that moment in time when employees find out the business is for sale or, preferably, has been sold. Your workers have been kept in the dark for as long as possible. Some won't be a bit surprised. Others may be devastated.
Buying a small business is hard enough when there is no competition, so how might a buyer navigate the process when there is additional competition from other buyers? Peter Siegel, MBA (BizBen ProBuy Program) and others explain a few of the ways that a buyer can beat out other buyers.
When purchasing a small to mid-szied business, there are a multitude of things to evaluate. One area that is often overlooked is the business's culture. Peter Siegel, MBA with BizBen discusses with potential buyers the importance of understanding how the business runs on a day-to-day basis.
Negotiating the terms of a business deal is a delicate process, where one wrong move can cost you the business that you wanted to purchase. Peter Siegel, MBA (BizBen ProBuy Program) discusses the ins and outs of negotiations, and how to work well with the seller to get a deal done.
It's important to remember that selling a business takes time. Unlike selling a house, which can be sold relatively fast, a business can take up to six months to a year to sell. I discuss this topic with other advisors and intermediaries on this BizBen Discussion.
There are a lot of misconceptions about what enhances the value of a business. The following factors in this Discussion are aspects of a business that really drives its value and pricing. A business owner asked me this question today so I wanted to get others view points as well in this Discussion.
It can take months, sometimes longer to sell a small business. Here are 6 questions plus other information from myself plus other BizBen Users to ask yourself to help you determine why your small to mid-sized California business isn't selling. You might be surprised what those reasons are!
Should I Sell My Business During The Holidays Or Wait Till After The New Year? Business Broker Joe Ranieri and others chime in on this BizBen Discussion about selling a business during the Holiday Season.
Applying for a business acquisition loan can be challenging for someone who hasn't been through that process in the past. If one has a mortgage one knows that the value of the property being pledged has to at least equal the amount of the loan, SBA loans to buy a small business are very different.
Yes, there are ways to find businesses with growth potential that can be purchased with modest investments. But before offering any ideas about finding cheap businesses, it's important to review some of the risks involved. Peter Siegel (BizBen ProBuy Program) discusses this topic with others.
At What Point Do You Show Key Marketing Info And Materials To Buyers? Robb Hartman, Business Broker at BizBen discusses this topic with others on this BizBen Discussion.
Business buyers many times ask in my ProBuy consulting sessions - how long should I ask for due-diligence when buying a small business? The answer really depends on several factors. They include: type of business, demand for the business, complexity of the business. Advisors weigh in on this topic.
The owner selling the business doesn't have recent financial information or documentation but insists revenues are increasing. Should buyers believe the seller? What should buyers do in this situation? ProIntermediaries on BizBen answer the question of verifying seller / owner's financial claims.
