Status: Off The Market
Posting ID: 249000
Call / Email
Asking Price
NOTE: This BizBen Posting #249000 Vending Machine Route - Beverage And Snacks in Los Angeles County is currently INACTIVE Today (Either: It's In Escrow, It's Sold, or Is Off The Market Temporarily) - Please See Today's ACTIVE Postings below that match this posting's attributes. For your convenience there are also helpful links below to assist you in your search to buy or sell a small to mid-sized business that matches your criteria. Thank you for using BizBen.com.
Attributes:
Cash flow
$402,750
Revenue
$1,321,766
Down
Call/Email
Posting: 280324 | Available | 1/23/24
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. The business has seen double-digit organic growth since its inception.
Asking Price
$1,500,000
Cash flow
$275,261
Revenue
$1,057,457
Down
Call/Email
Posting: 280072 | Available | 2/8/24
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. The business has seen double-digit organic growth since its inception.
Asking Price
$875,000
Cash flow
$293,632
Revenue
$998,638
Down
Call/Email
Posting: 279063 | Available | 2/9/24
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. The business has seen double-digit organic growth since its inception.
Asking Price
$1,000,000
Cash flow
$449,157
Revenue
$1,509,739
Down
Call/Email
Posting: 283105 | Available | 2/8/24
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
$1,300,000
Cash flow
$524,453
Revenue
$1,863,521
Down
Call/Email
Posting: 282069 | Available | 2/9/24
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. The business has seen double-digit organic growth since its inception.
Asking Price
$1,800,000
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
$159,925
Revenue
$596,205
Down
Call/Email
Posting: 283458 | Available | 2/10/24
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. The business has seen double-digit organic growth since its inception.
Asking Price
$450,000
Cash flow
$280,000
Revenue
$400,000
Down
Call/Email
Posting: 285514 | Available | 4/16/24
Unlock the gateway to lucrative investment in Los Angeles, California with our exclusive 130-unit ATM portfolio. This unparalleled opportunity boasts strategically positioned ATMs, meticulously located for optimal efficiency in cash replenishment routes.
Asking Price
$1,200,000
Cash flow
$393,445
Revenue
$2,177,297
Down
Call/Email
Posting: 280328 | Available | 3/19/24
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
$1,300,000
Cash flow
Call/Email
Revenue
$758,648
Down
Call/Email
Posting: 275596 | Available | 2/7/24
FedEx Ground routes For Sale: Well-established and highly profitable FedEx Ground routes, 5 routes in Bell. 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.
Asking Price
$995,000
Cash flow
$620,000
Revenue
$3,060,000
Down
$587,500
Posting: 285072 | Available | 2/9/24
For sale are 19 FedEx P&D Routes, with 28 Delivery Vehicles. Hit the ground running with nearly 11,000 stops per week! Newer fleet - average age of 2019. Plenty of spare trucks; more are available for purchase.
Asking Price
$2,350,000
Cash flow
$1,091,927
Revenue
$293,537
Down
Call/Email
Posting: 284001 | Available | 1/20/24
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
$900,000
Cash flow
$730,927
Revenue
$2,830,043
Down
Call/Email
Posting: 283133 | Available | 2/7/24
Well-established and highly profitable FedEx Linehaul 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
$2,600,000
Cash flow
$232,678
Revenue
$895,956
Down
Call/Email
Posting: 283100 | Available | 2/9/24
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
$825,000
Cash flow
$313,875
Revenue
$1,132,072
Down
Call/Email
Posting: 285322 | Available | 4/30/24
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
$600,000
Cash flow
$333,568
Revenue
$1,212,159
Down
Call/Email
Posting: 286321 | Available | 4/29/24
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
$1,000,000
Cash flow
$115,765
Revenue
$453,410
Down
Call/Email
Posting: 279398 | Available | 3/12/24
Well-established and highly profitable FedEx Linehaul 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. The business has seen double-digit organic growth since its inception.
Asking Price
$525,000
Cash flow
$249,089
Revenue
$825,525
Down
Call/Email
Posting: 278526 | 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
$800,000
Cash flow
$472,511
Revenue
$1,796,777
Down
Call/Email
Posting: 286579 | Available | 5/15/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each business, which is comprised of multiple routes, comes with (1) truck and (1) experienced driver already in place for each route.
Asking Price
$1,450,000
Cash flow
$215,498
Revenue
$777,123
Down
Call/Email
Posting: 281458 | Available | 2/9/24
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
$550,000
Cash flow
$633,484
Revenue
$2,262,577
Down
Call/Email
Posting: 283130 | Available | 4/25/24
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
$1,900,000
Cash flow
$452,716
Revenue
$1,615,895
Down
Call/Email
Posting: 286319 | Available | 4/29/24
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
$1,150,000
Cash flow
$344,176
Revenue
$1,590,805
Down
Call/Email
Posting: 280686 | Available | 5/8/24
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
$1,000,000
Cash flow
$303,618
Revenue
$921,744
Down
Call/Email
Posting: 281503 | Available | 3/27/24
Well-established and highly profitable FedEx Linehaul 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
$800,000
Cash flow
$261,836
Revenue
$931,906
Down
Call/Email
Posting: 284480 | Available | 1/3/24
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
$650,000
Cash flow
$234,186
Revenue
$822,020
Down
Call/Email
Posting: 283974 | Available | 3/14/24
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
$550,000
Cash flow
$431,306
Revenue
$1,552,782
Down
Call/Email
Posting: 283102 | Available | 2/9/24
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
$1,450,000
Cash flow
$377,883
Revenue
$1,377,799
Down
Call/Email
Posting: 284650 | Available | 1/12/24
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
$1,250,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 286166 | Available | 5/17/24
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
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
$127,008
Revenue
$1,617,809
Down
$300,000
Posting: 283543 | Available | 5/18/24
Founded in 1960, this company has completed wide-ranging residential projects from full bathroom and kitchen remodels to constructing a basement under an existing home. The company runs with a long-term crew and a designer who also serves as the office manager.
Asking Price
$300,000
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
Total Investment
$200,000
Min Liquid Cash
Call/Email
Net Worth
N/A
Posting: 284296 | Available | 5/14/24
More than just a business opportunity. Own a profitable business in one of the least saturated industries in the country even if you have no experience. The thousands of people who win law suits daily are all your potential customers.
Franchise Fee
Call/Email
Cash flow
Call/Email
Revenue
$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
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
$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
$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
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
$180,000
Revenue
$550
Down
Call/Email
Posting: 274482 | Available | 5/12/24
Top brand blinds, shades, shutters, etc retail. Easy to operate profitable and potential business even without advertisements or marketing. Ideal location on a high-traffic major street and the hub of Silicon Valley. Increasing sales yearly with many repeat & new customers. Price was lowered.
Asking Price
$200,000
Cash flow
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
Call/Email
Revenue
$758,648
Down
Call/Email
Posting: 275596 | Available | 2/7/24
FedEx Ground routes For Sale: Well-established and highly profitable FedEx Ground routes, 5 routes in Bell. 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.
Asking Price
$995,000
Cash flow
$884,243
Revenue
$4,258,944
Down
$10
Posting: 283620 | Available | 3/19/24
For over 30 years, this home automation & security business has delivered turnkey services that include home automation (25%), lighting control (25%), audio/video (25%), security (20%) and recurring monitoring service (5%) solutions for residential markets. 2023 Earnings $944,560, Sales $4.3M.
Asking Price
$2,750,000
Cash flow
Call/Email
Revenue
$306,000
Down
Negotiable
Posting: 276269 | Available | 5/2/24
Owner-operator opportunity for a mailbox rental, shipping, & live scan fingerprinting store near Topanga Canyon Blvd., south of 118 highway. It provides notary services, as well as key-making, and sells gift items. In this high-traffic busy shopping center over 25 years. Terrific, 12+ year lease.
Asking Price
$325,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$325,000
Posting: 286432 | Available | 5/6/24
A very successful specialty auto repair franchise is located in South Santa Clara County. The seller has been in business for more than 12 years, and the building occupies approximately 8,000 square feet. The seller, who is retiring, is willing to train the buyer for one month.
Asking Price
$325,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282164 | Available | 10/5/23
2850 SF Well-established Coin Laundry w/ High Stable Income in LA. Great visibility and stable income with great growth potential. Located in a strip mall in a prime location. Great visibility with ample parking and easy in/out access. This coin laundry is located in a very densely area,
Asking Price
Call/Email
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284047 | Available | 11/28/23
An outstanding opportunity is available with the sale of an established home health business in Burbank, California. Established in 2010, this business is ready to bill immediately, ACHC accredited, and covers a strategic area including LA, San Bernardino, and surrounding counties.
Asking Price
$210,000
Cash flow
$13,325
Revenue
$193,203
Down
Call/Email
Posting: 277043 | Available | 10/24/22
This Pasadena Area dental practice is available for sale with the current selling doctor of dental surgery (DDS) willing to remain aboard to continue to see clients and work for a new owner-operator. The premise boasts a prominent high-visibility corner location in a neighborhood setting.
Asking Price
$270,000
Cash flow
$83,000
Revenue
$373,000
Down
Call/Email
Posting: 284120 | Available | 3/8/24
For sale is a profitable sign and graphic company with state-of-the-art equipment. It is a turn-key business in Santa Clarita Valley and it is priced to sell! In business since 2012 servicing approximately 40% vehicle graphics, 40% vinyl/other signage & 20% large building signs.
Asking Price
$100,000
Cash flow
$606,702
Revenue
$1,500,000
Down
Call/Email
Posting: 283579 | Available | 2/13/24
Become the new owner of this premier IT service company and lead it to even greater success. This well-established company has been in business for several decades. The company provides top-tier professionally managed IT and computer security services to businesses of all sizes.
Asking Price
$1,785,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 279595 | Available | 3/14/24
We have an Accreditation Commission for Health Care (ACHC) home health agency ready to bill. The agency was begun in December 2018 and it received its initial CDPH (California Department of Public Health) license in August 2019.
Asking Price
$220,000
Cash flow
$72,000
Revenue
$235,000
Down
$135,000
Posting: 285352 | Available | 2/26/24
This mail box store has an absentee owner. This great one stop shop offers the private mail box rentals, packing, UPS, FedEx, and all the postal services. This is a hidden gem and the level of service is priceless. It is professional and top notch and this mail box is hands down the best.
Asking Price
$135,000
Cash flow
$99,000
Revenue
$305,000
Down
$150,000
Posting: 283863 | Available | 4/17/24
This is a wellness center (est. 2017) for sale. It's a 1,800 sq. ft medical practice providing services such as pain management, feminine, hair restoration, the latest rejuvenating technologies products, lasering, radio frequency, wellness, etc. It is open only 4 days a week. It has decent rent.
Asking Price
$350,000
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
$120,000
Revenue
$570,000
Down
Call/Email
Posting: 279358 | Available | 12/5/23
This is a coffee shop for sale. It has a very attractive trendy look. It is semi-absentee run. The seller invested $200k to remodel 2 years ago. There are 6 full-time/1 part-time employees. Monthly gross: $55,000, with a monthly net income of $10,000 and rent of $5,740 a month.
Asking Price
$400,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285906 | Available | 5/4/24
For sale is a DHS hospice license. It is brand new, has never been operated,can transfer 100% shares to new owner. It can be relocated. There will be assistance available for CHOW, CHOL, accreditation and/or operation if needed.
Asking Price
$155,000
Cash flow
$52,800
Revenue
$201,000
Down
Call/Email
Posting: 286439 | Available | 5/7/24
This laundromat is located in a major street with great visibility in a high traffic area. It has easy in and out access with plenty of parking. It is a great starter laundry with excellent potential in a highly desirable area. Reasonable seller!
Asking Price
$188,000
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
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
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.
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.
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.
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.
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.
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.
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.
What is the extent of the buyer's obligation to investigate a business before purchasing it? Chuck Post a specialist in assisting buyers and sellers with coin laundries in California explores his views on laundry due-diligence.
Coin operated laundry for sale (also referred to as a laundromat), which typically can yield a 20% to 30% profit (before taxes, interest, depreciation and amortization) on gross revenues to the owner. Peter Siegel, MBA with BizBen.com discusses this topic on buying small to mid-sized laundromats.
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.
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.
Utility rates are on the rise. I am getting calls from laundry owners complaining of the costs, asking for ideas. So what is the answer? What is the best approach in combating these costs? Chuck Post, laundry consultant discusses strategies for keeping coin laundry utility costs under control.
The answer is that success lies in the control of the Laundry Operator who is willing to address the questions and make the modifications to better service today's service conscious customers. For those that pay attention and take action the future looks better than ever.
The laundry business offers all of those rewards of business ownership, with much fewer headaches than with most other businesses. However buyer beware - Chuck Post, laundry broker and consultant covers several mistakes many first time laundry buyers commit when buying a California laundromat.
Many Californians want to buy a coin laundry because it's a business that doesn't require full time owner attention and because, as an all cash business, the owner is always paid before the service is provided. But there are a few misconceptions about the business and a buyer should have the facts.
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.
California laundry consultant and advisor Chuck Post discusses redefining your business model when seeking a re-tooled laundry.
Some California entrepreneurs think they might like to buy a vending business but have heard negative things about the industry and aren't aware of important facts about this business. Here are some tips from BizBen's Peter Siegel on what to look for in buying a California vending business for sale.
First thing you may be asking, what is a boutique gym? Simple, a boutique fitness gym is on average much smaller than your typical large-scale gym, ranging from 800 to 2,500 sq feet. In this BizBen blog post, Joe Ranieri (Southern California Business Broker) discusses this topic for gym buyers.
Buying a professional service business, like a dental practice, is one of the most profitable ventures you can enter into if you are considering becoming a small business owner. In this blog, Peter Siegel, MBA discusses six things you need to know about buying a successful dental practice or office.
Entrepreneurs who think they want to buy a towing business need to have some idea of what to look for when examining businesses for sale in this industry. The assets, including tow trucks and perhaps the property where towed vehicles are stored, determine much of the value of this kind of company.
There are several things to consider when placing a value on a preschool. Businesses that are regarded as leading preschools in their area can go for premium prices so know what you have so a potential buyer can't take advantage of your lack of knowledge. Peter Siegel with BizBen.com explains.
If you are open to exploring the franchise opportunities available the commercial cleaning industry is an area you should consider. Commercial cleaning franchises are quickly becoming a popular choice among business buyers and here are my 6 reasons why you should consider buying one.
Buyers interested in buying a janitorial cleaning business will find companies in this industry for sale that are quite profitable. Careful due diligence, including the six factors covered in this blog post, is advised before completing a deal. Peter Siegel, MBA with BizBen explores this industry.
One aspect that many customers look for in a business today and will most likely moving forward is cleanliness. Overnight cleaning will become more important as we rebuild our businesses and lives, and so janitorial businesses will most likely become essential. Joe Ranieri (Business Broker) shares.
Even without meaning to be dishonest, sellers or brokers talking to someone who wants to buy a small business often make statements that are not true. And sometimes what is said is known to be a lie. The buyer is smart to carefully evaluate what they hear - six untrue statements sometimes told.
When selling a California business, owners should use our salability checklist to determine whether the effort will be successful. Ten factors must be considered to properly prepare a business for sale. Three of the factors account for more than 50% probability of achieving success in selling!
When you are looking to buy a motel, you must do your due diligence. As you know, not all businesses are worth what the owner is asking so it is important that you know what makes a good motel and understand how it should be priced. Here's what you need to know to choose the best motel for sale.
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.
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.
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.
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.
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.
