Cash flow
$110,000
Revenue
$375,000
Down
Call / Email
Posting: 275388 | Available | 7/31/22
Mexican restaurant for sale in Carson, CA. Reason for selling is change of business. Located in very close proximity to Harbor, UCLA medical center and university. In prime location with high foot traffic at all times. Currently serving dishes with Halal meat. Lot of tourists, out of state and local
Asking Price
$50,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 275067 | Available | 7/9/22
Free standing burger and Mexican food restaurant in Los Angeles County In California. Owner established For 31 years and currently running. Well-established restaurant with strong local clientele base. High visibility & street exposure, located on a major avenue and within a quick minute to 60 Freew
Asking Price
$495,000
Cash flow
Call / Email
Revenue
$1,600,000
Down
Call / Email
Posting: 273967 | Available | 6/27/22
This store sales liquor store with property for sale in Los Angeles, CA. This building is a free standing with big parking lot. Monthly sales revenue is around $135,000.The Lottery income is over 50,000/year. Asking price is $2.35million. All of this information was given by the seller.
Asking Price
$2,350,000
Cash flow
$200,000
Revenue
$690,000
Down
$25
Posting: 264173 | Available | 6/27/22
This store sales beer & wine license with property and 4 bed 2 bath house (different parcel). This store's margin is 40-45%. The store located a densely populated area. The store size is 2,600 sq.Lottery and scratches incomes $2,600 and house rental income is $2,100. SBA is available.
Asking Price
$1,650,000
Posting: 273489 | Available | 6/1/22
I am seeking for coin car wash with property and long term lease as below. Serious sellers only. Coin car wash with property. County wanted: Los Angeles, Orange, Riverside county. Price Range Wanted: 1 million to 5 Million. Timing: Anytime for 10-31 Exchange customers.
Cash flow
$120,000
Revenue
$720,000
Down
$30
Posting: 273180 | Available | 5/8/22
Liquor store for sale Compton, CA. It has been established for over 20 years and over 10 years for the current owner. 1 full time, 1 part time. Semi abstentee. 2+5 years plus 3yrs extension available, 1900 sq. ft. Can increase sale by adding more inventory and owner's direct management.
Asking Price
$330,000
Cash flow
$489,000
Revenue
$1,700,000
Down
TBD
Posting: 269706 | Sold | 5/7/22
Priced to sell! $489K+/ adjusted net earnings. High-end audio visual automation and integration systems service company. Well respected, top notch operation with great books and records AND $1M+/ in pipeline scheduled work on the books! There is a C-7 low voltage contractors license in place.
Asking Price
$830,000
Posting: 272833 | Available | 4/30/22
I am looking for express car wash with property in Los Angeles, Orange, Riverside County. The range of purchase price is 5 Million to 15 Million. Down payment will be 3 Million to 10 Million and SBA Loan.
Cash flow
$8,300,000
Revenue
$23,000,000
Down
Call / Email
Posting: 273648 | Available | 4/24/22
Very Profitable 340B Pharmacy Specializing in Oncology, Hematology and Rheumatology Medications. High margin medications. Growing revenue year after year. For sale in Los Angeles County. Revenue ~ $23,000,000. SDE ~ $8,200,000.
Asking Price
Call / Email
Cash flow
$250,000
Revenue
$2,000,000
Down
$35
Posting: 273626 | Available | 4/22/22
This store sales beer & wine with meat and produce market. Free standing building and ample parking lot. This store located at South bay area. Reason for selling is the owners wants to retire. same owner for 20 years. Sales volume average 160,000. Margin will be over 50% except beer and cigarett
Asking Price
$800,000
Cash flow
Call / Email
Revenue
Call / Email
Down
35-40% SBA
Posting: 273265 | Available | 4/6/22
Well-established laundromat in Long Beach at a low price. Big big potential!! There's a new project with many buildings for low-income apartments across the street. The selling reason is the owner's serious health issues. SBA eligible, 30-40% down required.
Asking Price
Call / Email
Cash flow
$550,000
Revenue
Call / Email
Down
$1,500,000
Posting: 272845 | Available | 4/3/22
Professionally designed beautiful laundry with high end brand washer and dryer, upside income potential. High ceiling and all amenities with loyal customers. Inquire only with buyer's financial statement. One of the high volume laundry and high income and professionally designed beautiful laundry.
Asking Price
$5,490,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 263831 | Available | 3/26/22
This young turn-key company manufactures hand sanitizers in gel and liquid form. 2020 sales have been 3.5M+/. Major retailers have additional PO's ready to be placed. Profit margin currently in the 40% range. 1 year contracts in place with the well known national retailers. Online sales presence.
Asking Price
$3,500,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 272526 | Available | 2/22/22
Grocery mart for sale in Claremont, CA. Yearly Gross approximately $900,000; Yearly Net Income approximately $216,000; SBA Loan Possible; Selling price $1.19M plus inventory (approximate $70,000); 100% operated by employees. 1031 exchange ok.
Asking Price
Call / Email
Cash flow
$50,544
Revenue
$177,600
Down
$35
Posting: 271778 | Available | 2/14/22
Excellent NOHO Laundry available. Very high traffic location with steady regular customer base. Turn key and great for any buyer. Please call for details!
Asking Price
Call / Email
Cash flow
$120,000
Revenue
$504,000
Down
$30
Posting: 270544 | Available | 1/28/22
East LA located, Well managed Beer & Wine Market for sale! 100 % Hispanic area in most densely populated in LA, easy operation and good margin. Low rent ! Perfect store for the first time market owner!
Asking Price
$139,000
Cash flow
$360,000
Revenue
$540,000
Down
Call / Email
Posting: 272027 | Available | 1/26/22
Yearly Gross $540,000; Yearly Net Income $360,000; SBA Loan Possible; Property included; Selling price $4.3M plus inventory (approximate $10,000); 100% operated by employees.
Asking Price
$4,300,000
Cash flow
$150,000
Revenue
$600,000
Down
Call / Email
Posting: 271516 | Available | 12/22/21
Beautiful Retail Pharmacy located in the area of Pasadena/Altadena of Los Angeles County. Established in 2018, conveniently located near 210 highway in a busy Auto and Pedestrian traffic area. Averages 500 retail scripts a month. Spacious front end with variety of OTC products. Open 6 days a week.
Asking Price
$240,000
Cash flow
$85,000
Revenue
$600,000
Down
Negotiable
Posting: 271229 | Available | 12/5/21
Great opportunity to invest and operate well established retail pharmacy located in the area of Woodland Hills, Tarzana of Los Angeles County. Established in 2016, located inside busy Medical Building. Conveniently located near 101 Highway. Averages 30 scripts a day, no compounding.
Asking Price
$249,500
Cash flow
$120,000
Revenue
Call
Down
Call
Posting: 257633 | Available | 10/19/21
Well established Mongolian Grill restaurant. Over 15 years with current owner. Easy to run, No Chef needed. Semi absentee run. Over $10K net per month.
Asking Price
$399,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 269835 | Available | 10/4/21
Stable. Since 2000, DoughMain located in Thousand Oaks has been serving the community with retail and on line presence for the distribution retail & on line sales of Body Detox, Bowls, Bubblers, Dab Rigs, E-Cigs, E-Nails, E-Rigs, Bangers, CBD +, Drug Tests, and many other items.
Asking Price
$199,950
Cash flow
Call
Revenue
$980,000
Down
Call
Posting: 261589 | Available | 10/1/21
LOWER PRICE & INCLUDES INVENTORY. Room to grow servicing the Antelope Valley with quality merchandise and 420 supplies for the grower. Offering a long Ten Year History of great relationships, trust, and dozens of five star Google reviews. 245,000 plus inventory, assumable lease through August 2024.
Asking Price
$149,950
Cash flow
$144,000
Revenue
$490,000
Down
Call / Email
Posting: 270083 | Available | 9/29/21
Established for nearly 25 years by one owner, this popular Montebello, CA Ice Cream Store is in a very busy location with lots of foot traffic. It is a well run business with low overhead cost. Business offers popular tasty Ice Cream, Smoothies, Acai Bowl, Juice Bar. Large Latino neighborhood.
Asking Price
$399,000
Cash flow
$120,000
Revenue
$480,000
Down
Call / Email
Posting: 269639 | Available | 8/31/21
Cash to SBA Loan. Gross income ; $480,000. Net Income ; $120,000. Low rental.
Asking Price
$200,000
Cash flow
Call / Email
Revenue
$120,000
Down
Call / Email
Posting: 269637 | Available | 8/31/21
Long Beach flower shop for sale. Cash to loan.
Asking Price
$350,000
Cash flow
Call / Email
Revenue
Call / Email
Down
35%+ SBA
Posting: 268983 | Available | 7/21/21
Best money making laundromat in la. Great visibility and prime location! 8400 sq. ft. free-standing building in a great demographic prime location. This is one of the best laundromats in the area. Great visibility with ample parking and easy in/out access. Low rent and long-term lease for 25 years.
Asking Price
Call / Email
Cash flow
$130,000
Revenue
$630,000
Down
Call
Posting: 268564 | Available | 6/28/21
Great Little Family Market. Biz established more than 30 yrs. 2000 SQ, 7days 9 to 9. Rent $2500, Lease 6+5, Gross $630K & Net $130K Annually. Extra Lotto & ATM income $1200 Monthly. Owner is retired. Best store who want a stable income.
Asking Price
$195,000
Cash flow
$251,000
Revenue
$972,000
Down
Call
Posting: 268282 | Available | 6/27/21
This lawnmower shop carries all the highest quality brands. They repair small engines, lawn mowers, chainsaws, trimmers, weeders and tune-ups. They sell used (secondhand) and new lawn mowers. This is absolutely awesome shop.
Asking Price
$499,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$10,000
Posting: 286567 | Available | 5/14/24
For sale is an upscale full-service modern hair salon with in the heart of Downtown Alhambra. This salon has 10 stations and 3 shampoo bowls. The salon offers precision haircuts, custom coloring, re-texturizing straight and curly hair, and updos. Individual room for lash extensions, massage& waxing
Asking Price
$65,000
Cash flow
$200,524
Revenue
$1,314,394
Down
$285,000
Posting: 285041 | Available | 5/16/24
This greater Silverlake/Glendale area market combines a carefully curated assortment of natural and organic wines, beers, spirits and beverages, food, merchandise and home goods with organic produce, breads and specialty provisions sourced locally to ensure freshness.
Asking Price
$285,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$125,000
Posting: 286454 | Available | 5/15/24
Established in October 2023, this Sacramento Area towing venture is experiencing steady growth. Ideal for existing operators or aspiring entrepreneurs, it offers a turnkey solution with pre-existing marketing strategies, a functional website, and efficient lead generation systems.
Asking Price
$125,000
Cash flow
$167,697
Revenue
$545,484
Down
Call/Email
Posting: 283567 | Available | 5/15/24
This is a well-established sheet metal fabrication business specializing in mail order vintage car replacement parts. Business has a strong online presence. Catalogs are available both online and in print. Owners are ready to retire after operating the business since 1994.
Asking Price
$480,000
Cash flow
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
Call/Email
Revenue
$525,000
Down
Call/Email
Posting: 285786 | Available | 5/17/24
This established pizza business is known for its premium pizzas and commitment to quality. While the current owner prioritizes quality over quantity, there's ample room for a new owner to convert to their own vision. It is a prime location in a shopping center with high visibility.
Asking Price
$245,000
Cash flow
$132,248
Revenue
$240,893
Down
$225,000
Posting: 284110 | Available | 5/11/24
This company is a well established precision metal machining business located in Auburn, CA. Customers include the growing optical industry, aeronautical as well electronics and food industries. The company can start with a sketch and deliver high quality parts that meet the most demanding specs.
Asking Price
$225,000
Cash flow
Call/Email
Revenue
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
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
$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
$851,672
Revenue
$3,430,536
Down
Call/Email
Posting: 284146 | In Contract | 5/17/24
With a successful track record for over 25 years, this business has provided janitorial and cleaning services to over 150 recurring clients throughout San Diego County. Consistently generates over $3million in recurring revenue year over year with impressive profit margins between 26-27%.
Asking Price
$3,500,000
Cash flow
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
$351,239
Down
$125,000
Posting: 286450 | Available | 5/14/24
Opportunity to own a premier upscale franchised fitness studio in East Bay an established business in a health-conscious community with growth potential. What sets this facility apart is its state-of-the-art facilities with top-of-the-line fitness equipment, a fully operational business.
Asking Price
$125,000
Cash flow
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
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
N/A
Revenue
N/A
Down
$139,000
Posting: 285773 | Available | 5/14/24
This hospice (first license only) is located in Long Beach, CA, away from the saturated valley. It is ready to call for the final survey, read for the 'ready letter'. It has an amazing office space with three private rooms and incredibly low rent! It has a secure office building complex.
Asking Price
$139,000
Cash flow
$336,271
Revenue
$603,248
Down
Call/Email
Posting: 285968 | Available | 5/16/24
This highly profitable med spa weight loss clinic can be run by a skilled nurse practitioner or physician assistant. Services include weight loss, laser hair removal, and skin rejuvenation. This MedSpa offers the latest in cosmetic procedures.
Asking Price
$749,000
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: 285056 | Available | 5/16/24
Experience the epitome of elegance and refinement at our renowned establishment, where breathtaking views, exquisite dining, and a romantic ambiance converge to create an unparalleled dining experience. It is recognized as the Inland Empire's premier destination for romance and ambiance.
Asking Price
$2,500,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 278808 | Available | 5/12/24
The established 2-year agency is located in a desirable location. This 2.1 million earned premium agency is consistent with a preferred auto/homeowner customer base with an excellent opportunity for growth in cross sales as well as life/financial services.
Asking Price
$511,450
Cash flow
$2,853
Revenue
$127,532
Down
$110,000
Posting: 283433 | Available | 5/11/24
This wellness store is derived from the owner's dedication and passion for supplements and CBD. He has a well-researched, deep understanding of the health benefits of natural remedies which has led to products that help support and maintain the body's overall health. With a variety of products.
Asking Price
$110,000
Cash flow
$82,216
Revenue
$731,213
Down
$150,000
Posting: 283846 | Available | 5/11/24
This charming breakfast and lunch restaurant caters to your taste buds for breakfast and lunch. In business for 25 years and nestled in the heart of a rustic marina, this restaurant is a cozy and inviting space that exudes a warm, rustic ambiance. Our menu features a delectable array of dishes.
Asking Price
$150,000
Cash flow
$52,612
Revenue
$268,777
Down
$125,000
Posting: 283393 | Available | 5/11/24
For sale is a boutique facial spa located in Contra Costa County. Centrally located in town and a staple of the community, the spa is renowned for its service & dedication to customer care. Owners are looking to retire & pass the baton to an owner who will put as much dedication into the business.
Asking Price
$125,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 286166 | Available | 5/11/24
A brand new home health agency is available for sale. The sale includes the initial state license approved by CDPH. The license is fully transferable and is approved for the following counties: LA, Orange, San Bernardino, Ventura, Riverside, and San Diego.
Asking Price
$60,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284106 | Available | 5/15/24
This is a well-established business located in a busy shopping complex and has been open for 30 years, full-service dry-cleaning and professional alternation. They have an excellent alteration business. The seller claims gross income for 2023 will be close to $300,000.
Asking Price
$200,000
Cash flow
$91,624
Revenue
$161,933
Down
Call/Email
Posting: 283581 | Available | 5/15/24
For sale is this home-based cleaning business that's ready for its next owner. With an impressive 14-year track record, this cleaning business has built a stellar reputation in San Diego. Trust and credibility are already established, setting you up for success from day one.
Asking Price
$170,000
Cash flow
$46,623
Revenue
$381,554
Down
$35,000
Posting: 286109 | Available | 5/17/24
This is a rare full-service salon in the heart of a bustling neighborhood an inviting full-service salon located in a prime area close to multiple apartment buildings and hotels, in a historic location. Offering a range of luxurious services including haircuts, balayage, highlights, nails, etc.
Asking Price
$89,000
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
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
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
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
When seeking large SBA business acquisition financing loans, it helps to review seller's add backs (cash flow analysis) as a source of funding to service the debt. Peter Siegel, MBA - SBALoanAdvisors.com Founder covers this specific topic for business buyers, owner/sellers, agents, business brokers.
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Lee Petsas, a Southern California business broker explores: How much consideration should I give as deposit? Are Deposits refundable and when? Cashing deposits & opening escrow, Return of deposit to buyer, Why do we take a deposit from buyers when preparing & executing a purchase agreement contract?
It is not uncommon for business Owner/Sellers to get uncomfortable when a potential Buyer requires a SBA loan to purchase the Seller's business. Often times Owner/Sellers will say "the Buyer is the one getting the loan; why am I the one under the microscope?" This blog post addresses this topic.
Depending on the type of business being sold, a month-to-month situation can be severely detrimental to the value of the business. Peter Siegel, MBA Founder of BizBen (and Lead Facilitator at BizBen) explores the issue of month to month leases in this blog/article.
Throughout the recession, it was very difficult to get approved for business purchase financing. If you are considering incorporating some alternative funding sources in your next small business acquisition, here is what you need to know to protect yourself and your investment.
When selling and buying a business, it is almost always necessary to allocate the purchase price to various categories of assets for tax and accounting purposes, whether this is a transfer of all the assets of the business or an actual stock sale of the business entity. Broker Tim Cunha explains.
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.
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.
