Cash flow
$865,000
Revenue
$7,400,000
Down
Call/Email
Posting: 285491 | Available | 3/4/24
The service area is primarily Central California & Central Coast. This is a company that has a 45-year track record in business as a reputable local company. The office & showroom is located on a high-traffic corner with good signage. Operating from a leased location featuring a 1,650 sq ft. office.
Asking Price
$3,250,000
Cash flow
$225,000
Revenue
$820,000
Down
$320,000
Posting: 284926 | Available | 3/4/24
For sale is an auto body & frame repair shop 38 years in business. The original owner is retiring. It is profitable, well-established, real turnkey, and has long-term employees & loyal customers. 10,000 SF (fully licensed and bonded) facility with a spray booth. The parking lot can hold 20 cars.
Asking Price
$320,000
Cash flow
$324,311
Revenue
$1,295,917
Down
$1,400,000
Posting: 285471 | Available | 3/2/24
This establishment is a comprehensive auto repair shop catering to foreign and domestic cars. The owner serves as both the service writer and general manager. The lease includes a spacious fenced outdoor area. Hourly rates are on par with those offered by dealerships.
Asking Price
$1,400,000
Cash flow
$1,070,000
Revenue
$10,900,000
Down
Call/Email
Posting: 285430 | Available | 3/1/24
This Company provides operations and maintenance services tailored for the wind energy sector, offering both expertise and cost-effective solutions. The Company was formed in 2019 and has been profitable every year since then.
Asking Price
$5,200,000
Cash flow
Call/Email
Revenue
$157,814
Down
Call/Email
Posting: 285407 | Available | 2/28/24
This is a great opportunity for an auto mechanic to own a long-established and very well-respected auto repair business. The Seller owns the property so the lease terms are fully negotiable - this also means that the Seller has a vested interest in the continued success of the excellent business.
Asking Price
$475,000
Cash flow
Call/Email
Revenue
$160,000
Down
Call/Email
Posting: 285386 | Available | 2/27/24
For sale is a top essential, 4-day pool route business. It is exclusively in the Yorba Linda area. They have well-established accounts that average age 12 plus years. Training and guaranteed accounts will transfer thru escrow. This is a great opportunity with plenty expansion available.
Asking Price
$132,000
Cash flow
$194,133
Revenue
$1,000,521
Down
Call/Email
Posting: 270440 | Available | 2/27/24
This established HVAC company has a great reputation! It has been established for 27 years. The company primarily works with residential customers. Their vehicles are well maintained. Plenty of opportunities for growth, as work is turned down on a weekly basis. Gross Rev: 1M; Cash Flow: 194K
Asking Price
$850,000
Cash flow
Call/Email
Revenue
$1,500,000
Down
Call/Email
Posting: 285353 | Available | 2/26/24
For sale is a highly profitable, and reputable premier automotive repair shop in Rancho Cucamonga, with more three decades of unparalleled service and expertise. This shop stands as a testament to excellence in the automotive industry, serving the community with unwavering dedication.
Asking Price
$2,000,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281487 | Available | 2/22/24
This company provides temperature control solutions for indoor and outdoor events in Northern California. They provide heating and cooling equipment for parties, weddings, corporate functions, sporting events, and backyard get-togethers with family and friends.
Asking Price
$499,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$1,000,000
Posting: 285286 | Available | 2/21/24
This state-of-the-art express car wash and car care center was recently converted to an express car wash and opened up about Early 2022. The sellers spent over $1.1 million on the conversion, adding state-of-the-art equipment including 18 vacuums.
Asking Price
$3,677,000
Posting: 285252 | Available | 2/19/24
I am a business broker representing a client who is interested in purchasing multiple mechanic shops in Southern California. My client is looking for sizable shops that have at least 5 bays/lifts. They can be specialized or not specialized.
Cash flow
$83,000
Revenue
$469,000
Down
$34,000
Posting: 285241 | Available | 2/19/24
This is a long-established (1978) glass service company with consistent sales and profits, specializing in the repair and installation of new windows, patio doors, and heavy shower doors for residential and commercial customers. They have highly experienced employees, including a versatile glazier.
Asking Price
$170,000
Cash flow
$80,000
Revenue
$286,184
Down
$135,000
Posting: 273276 | Available | 2/16/24
This specialty maintenance firm has provided post-construction cleaning services to general contractors (60%-70% of the business), architects, and upscale homeowners in the greater Los Angeles area for over 12 years. The majority of the company's business is now recurring and referral based.
Asking Price
$135,000
Posting: 275411 | Available | 2/14/24
A buyer is seeking an established plumbing business that has been in operation for at least 15+ years. The business should have gross sales in the range of $1million to $3 million annually. We represent a very successful buyer who is looking to expand his current operation.
Cash flow
$209,284
Revenue
$499,395
Down
Call/Email
Posting: 283228 | Available | 2/13/24
This 30+ year, established refrigeration and HVAC business offers commercial refrigeration and residential HVAC services to a diverse clientele, including commercial stores, schools, homeowners, and the food service industry.
Asking Price
$350,000
Cash flow
$365,299
Revenue
$1,693,525
Down
Call/Email
Posting: 281319 | Available | 2/13/24
This is a fantastic opportunity to acquire a full-service, high-end European automotive repair business in the heart of the San Fernando Valley. This business has a loyal customer base, is in high demand, and is very profitable.
Asking Price
$620,000
Cash flow
Call/Email
Revenue
$495,000
Down
$130,000
Posting: 285136 | Available | 2/13/24
For sale since 1988 is a longstanding and highly-respected, full-service automotive repair and smog check. The shop is an AAA-Approved auto repair facility. It is a large shop with 11 bays and a total of 6,000 sq ft. Services owned/operated vehicles and fleet accounts, including local CHP station.
Asking Price
$195,000
Cash flow
$500,000
Revenue
$4,000,000
Down
$500,000
Posting: 284937 | Available | 1/31/24
An exceptional business opportunity presents itself with the offering of a well-established used car dealership coupled with a certified mechanic shop and repair services in the vibrant city of San Diego. Situated in an attractive locale. Annual sales are over $4 million.
Asking Price
$700,000
Cash flow
$500,000
Revenue
$3,100,000
Down
$2,000,000
Posting: 284182 | Available | 1/26/24
This auto collision repair body shop (including real property/estate) has been established for 40 years and the current owner has been there for 7 years at the location. It is a free-standing building. The lot size is 49,764 sq ft, and the building size is 7,320 sq ft. Pro-auto body shop-approved.
Asking Price
$5,500,000
Cash flow
$605,000
Revenue
$3,066,000
Down
$250,000
Posting: 284832 | Available | 1/24/24
Founded over 37 years ago, this widely recognized commercial plumbing business has developed a reputation throughout the industry for consistency, reliability, and quality. The business has had a solid record of growth over the last 37 years.
Asking Price
$2,039,988
Cash flow
$151,000
Revenue
$423,000
Down
Call/Email
Posting: 279784 | Available | 1/24/24
This profitable, top-ranked residential plumbing company has been in SFV for over 30 years! Recommended by the city of Burbank in local area moms' clubs, and it has 100's of satisfied and active customers. It is home based, owner operated all tools and supplies including truck included in the sale.
Asking Price
$310,000
Cash flow
$272,023
Revenue
$1,426,206
Down
Call/Email
Posting: 282460 | Available | 1/22/24
Established over 20 years, this service and repair plumbing business generates over $1mm in sales with 85% customer retention. This business operates out of a 2,000 sq ft. building including a warehouse and is centrally located in East San Diego County.
Asking Price
$599,000
Cash flow
$463,026
Revenue
$2,567,611
Down
Call/Email
Posting: 284356 | In Contract | 1/22/24
Available for sale is this well-established and profitable Master Franchise business in the commercial cleaning industry that links commercial facilities with janitorial service providers.
Asking Price
$1,800,000
Cash flow
$324,311
Revenue
$1,295,917
Down
$1,400,000
Posting: 284733 | Available | 1/18/24
This establishment is a comprehensive auto repair shop catering to foreign and domestic cars. The owner serves as both the service writer and general manager. The lease includes a spacious fenced outdoor area. This business is located in a high-income area and caters to a discerning clientele.
Asking Price
$1,400,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284709 | Available | 1/16/24
A wig shop for sale in Palm Desert is a full-service shop that offers the largest selection of wigs in the area. This shop provides a wide range of services, including custom work to ensure that customers find the perfect wig that fits their style and preferences.
Asking Price
$300,000
Cash flow
$160,000
Revenue
$400,000
Down
Call/Email
Posting: 284221 | Available | 1/15/24
Seize this rare opportunity to own a turnkey, highly profitable cell phone repair & sales business. Strategically located in a bustling regional shopping center, this established venture boasts a 12-year track record and a loyal customer base, validated by stellar online reviews.
Asking Price
$299,888
Cash flow
$128,052
Revenue
$225,203
Down
Call/Email
Posting: 284648 | Available | 1/12/24
The opportunity presented is with a company that specializes in water treatment solutions for both residential and commercial customers. They offer an array of products and services, including reverse osmosis systems and water softeners, aimed at enhancing water quality and safety.
Asking Price
$326,000
Cash flow
$511,068
Revenue
$2,700,363
Down
Call/Email
Posting: 283803 | Available | 1/11/24
Own a prestigious electrical contracting business in S-Florida, 30+ yrs of excellence. Serving FL, GA, & NC, this gem boasts a skilled team, diverse services & unmatched reputation. From residential to commercial projects, tap into a legacy of trust & profit.
Asking Price
$1,550,000
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
$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
Call/Email
Revenue
$907,962
Down
$125,000
Posting: 283950 | Available | 5/11/24
This is a fully equipped retail tire sales and service center for sale. The sale includes $50,000 of inventory. Price can be reduced by the inventory amount if Buyer does not wish to take over the inventory. Property is available for sale at $2,490,000 or can be leased.
Asking Price
$125,000
Cash flow
Call/Email
Revenue
$580,765
Down
$375,000
Posting: 285964 | Available | 4/3/24
For sale is a one-stop shop for all vehicle repair needs. It is well-established and 40 years old. This auto mechanic shop is repair pal certified with napa auto care and accepts Carmax extended insurance. They have a repeat customer base with a great reputation.
Asking Price
$375,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 279791 | Available | 11/14/23
Build your dreams with this turnkey operation ready for you to take over and grow your future. This business has been in operation for over twenty years with established reviews and clientele. It includes all tools required for work and two trucks to run operations. This is a home-based business.
Asking Price
$100,000
Cash flow
$127,662
Revenue
$803,459
Down
$200,000
Posting: 279110 | Available | 3/19/24
We are seeking a local Temecula Valley owner-operator to take the reins of this well-established and respected jewelry business. The business buys, sells, designs, and repairs gold, jewelry, and watches. The business enjoys an enviable following of repeat customers and can boast many 5-star reviews.
Asking Price
$390,000
Bldg Size
1,347 Sq.Ft
Typical Floor Size
Call / Email
Year Built
Call / Email
Posting: 286250 | Available | 4/24/24
Discover the potential of this former Gas Station property on busy Willow Pass Road. The fuel tanks and equipment have been removed, and there are no environmental issues just endless possibilities! You could turn it into a bustling retail spot or use the existing building for different businesses.
Asking Price
$1,500,000
Cash flow
$200,000
Revenue
Call/Email
Down
Call/Email
Posting: 274297 | Available | 5/2/24
For sale is a phone repair shop in the Fishermen's Wharf area. The price has been reduced. The size is 670 sq. ft and the rent is $10,000. It is a semi-absentee owner business and the owner manages and orders products. There are two employees. The monthly gross is $60,000.
Asking Price
$475,000
Cash flow
$365,299
Revenue
$1,693,525
Down
Call/Email
Posting: 281319 | Available | 2/13/24
This is a fantastic opportunity to acquire a full-service, high-end European automotive repair business in the heart of the San Fernando Valley. This business has a loyal customer base, is in high demand, and is very profitable.
Asking Price
$620,000
Cash flow
$292,483
Revenue
$1,133,750
Down
$80,000
Posting: 282827 | Available | 5/6/24
This is an 18-year established family-owned business performing general automotive repairs in Yolo County. The business specializes in engine diagnostics, vehicle maintenance, steering & suspension, tires, AC diagnostics and general repairs of domestic & imported vehicles.
Asking Price
$800,000
Cash flow
$190,000
Revenue
$985,000
Down
Call/Email
Posting: 285681 | Available | 3/21/24
This is a 6,000 sq ft. auto repair business with 1/2 acre fenced in lot with parking for 35 cars. Thirty four year history of consistent profitability. Stellar reputation in the community with 5 star Yelp and Google ratings. Owner doesn't do any type of marketing. Seller owns the property.
Asking Price
$474,000
Cash flow
$60,549
Revenue
$166,479
Down
$250,000
Posting: 285045 | Available | 4/22/24
A reputable landscape design and maintenance firm. For more than 12 years this ecological landscape and floral design company has served the interior and exterior landscape design and maintenance needs of the East Bay community. Monthly maintenance has kept client retention consistent.
Asking Price
$250,000
Cash flow
$160,000
Revenue
$400,000
Down
Call/Email
Posting: 284221 | Available | 1/15/24
Seize this rare opportunity to own a turnkey, highly profitable cell phone repair & sales business. Strategically located in a bustling regional shopping center, this established venture boasts a 12-year track record and a loyal customer base, validated by stellar online reviews.
Asking Price
$299,888
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284169 | Available | 4/22/24
This is a great gas station with market and mechanic shop. It is located in Alameda County between I-580 and I-880. The owner claims an average of 40,000 gallons at a $1.40 margin that seller will proof that. The market does $20,000 at 35% margin. The mechanic shop is leased for monthly rent $5,000.
Asking Price
$3,300,000
Cash flow
$154,470
Revenue
$1,561,337
Down
$510,300
Posting: 285797 | Available | 3/22/24
In San Diego County, a premier fire protection contractor offering services that include project management, design, installation, fabrication and maintenance of fire sprinkler systems. Locally owned and operated for over two decades. A Class C-16 California License is required to operate.
Asking Price
$598,500
Cash flow
Call/Email
Revenue
$1,000,000
Down
Call/Email
Posting: 282541 | Available | 4/30/24
This is an established plumbing contractor business located in the West Los Angeles Area is offered for sale after serving their clients for the past 27 years. The business has annual gross sales running approximately 1,000,000
Asking Price
$400,000
Cash flow
$99,094
Revenue
$526,222
Down
Cash Or 25%
Posting: 285809 | Available | 5/6/24
This long established Merry Maid Franchise provides dependable average income, and has great potential to grow. Join a winning team with a success formula to follow. No experience necessary.
Asking Price
$259,000
Cash flow
$70,000
Revenue
$450,000
Down
$850,000
Posting: 285011 | Available | 4/11/24
This Northern California-based auto repair business is a California Sole Proprietorship that has been in operation for the past 41 years, since 1983, under ownership of the founder. Located in Northern California, they service customers in an approximate 30-mile radius from their location.
Asking Price
$850,000
Cash flow
$128,052
Revenue
$225,203
Down
Call/Email
Posting: 284648 | Available | 1/12/24
The opportunity presented is with a company that specializes in water treatment solutions for both residential and commercial customers. They offer an array of products and services, including reverse osmosis systems and water softeners, aimed at enhancing water quality and safety.
Asking Price
$326,000
Cash flow
$145,000
Revenue
Call/Email
Down
Call/Email
Posting: 285926 | Available | 4/1/24
This is a multifaceted commercial, residential, and business opportunity. The sale consists of the entire property including the 5 RV space garage and auto shop, 2 bedroom, 1 bath apartment, and recreational vehicle repair business.
Asking Price
$800,000
Cash flow
$144,000
Revenue
$360,000
Down
$225,000
Posting: 285338 | Available | 5/14/24
For sale is a golf repair & authorized dealer store with high net income in Long Beach. Business hours are from 10-6pm and Sat 10-4pm. Sunday closed. It is an easy operation. The same owner wants to retire after 36 years operating. Rare opportunity inventory needs to be paid by the buyer separately.
Asking Price
$225,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$1,000,000
Posting: 285286 | Available | 2/21/24
This state-of-the-art express car wash and car care center was recently converted to an express car wash and opened up about Early 2022. The sellers spent over $1.1 million on the conversion, adding state-of-the-art equipment including 18 vacuums.
Asking Price
$3,677,000
Cash flow
$228,516
Revenue
$669,854
Down
Call/Email
Posting: 284082 | Available | 5/8/24
This Burlington & Camden County, very-profitable, 5-bay full-service auto repair and transmission repair shop, in Central New Jersey is available for sale due to the relocation of the owner. They expertly perform engine repairs, brake, and air conditioner repairs, transmission, clutch, and more.
Asking Price
$599,000
Cash flow
$381,580
Revenue
$6,918,908
Down
Call/Email
Posting: 283736 | Available | 11/7/23
This Northern California business retails the top brands of high-performance sport-fishing power boats, as well as pontoon boats, special order bay boats, fish and ski family boats, tackle, boat parts, accessories, and clothing. The majority of the company's sales are new boats.
Asking Price
$1,295,000
Cash flow
$84,798
Revenue
$296,317
Down
$199,000
Posting: 274861 | Available | 4/11/24
This Northern California-based landscaping company is a California Sole Proprietorship and was formed 9 years ago by the current owner and has been thriving since it started. This company performs both residential and commercial landscaping design, installation and maintenance.
Asking Price
$199,000
Cash flow
$177,652
Revenue
$749,000
Down
Call/Email
Posting: 285629 | Available | 3/12/24
This is a 29-year-old electrical contractor providing repair & maintenance services. The business location is in an exceptional SoCal industrial location. The electrical contracting industry is a $173 billion business. The sale price includes four trucks, 70 ft ladder, and a 30 ft cherry picker.
Asking Price
$198,500
Cash flow
$166,908
Revenue
$480,782
Down
Call/Email
Posting: 284149 | Available | 12/4/23
This is a profitable, 30 Year old Screenmobile franchise. The innovative truck-and-trailer model allows them to keep overhead expenses low and profit margins high. The company specializes in mobile screen sales, installation and repairs. This business opportunity is SBA Pre-Approved.
Asking Price
$350,000
Cash flow
$90,542
Revenue
$109,946
Down
$149,000
Posting: 285645 | Available | 4/16/24
Ready to step into a lucrative business opportunity that's already established and thriving? Look no further than this professional cleaning business, meticulously built with a solid foundation of both residential and commercial accounts. The beauty of this opportunity lies in it's scalability.
Asking Price
$149,000
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a business evaluation & SWOT analysis for your business anywhere in the USA.
ServingNationwide
I am the Founder Of BizBen.com. I consult daily with intermediaries, business buyers, owner/sellers & advisors daily about buying and selling California small to mid-sized businesses. Contact me today about joining & utilizing BizBen, consultations, & advisory services.
ServingNationwide - All Areas
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
ServingNationwide - All Areas
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 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.
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A business buyer in our ProBuy Program searching to buy a business asked me to sum up what I though the biggest mistakes business buyers make when they search for and bought a small business. I asked ProIntermediaries on BizBen their thoughts on the matter and received a diverse response.
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.
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.
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.
80% of all California business buyers never end up buying a business! Many factors contribute to this statistic, but by following the points below and utilizing the ProBuy Method of buying a business you should be successful in locating a business that interests you and completing the transaction!
You have a strong entrepreneurial spirit. You know you want to be a small business owner. Now what? Do you buy an existing business or start one from scratch? An existing business can save a lot of time and effort. I will share with you some of the advantages of buying an existing business.
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.
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.
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.
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.
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.
When considering buying a business that is losing money one has to be very careful. There are reasons that the business could be losing money that aren't fatal or extremely difficult to fix and there are other reasons that should send you running in the other direction. Peter Siegel, MBA explains.
Asking the seller straightforward questions and getting straightforward answers in return is an important part of the buying and due diligence process. In this Discussion, both ProIntermediaries and Advisors offer thorough questions you should be asking during your meeting with a business seller.
Valuing a small business is not guess work. It's not what some other businesses of the same type may have or may not have been sold for, it's not even what a business owner "feels" they want or deserve. It is a formula based on many factors. Peter Siegel, MBA from BizBen & others discuss this topic.
