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
$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
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
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
$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
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
$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
$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
$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
Call/Email
Revenue
$99,000
Down
Call/Email
Posting: 269110 | Available | 1/10/24
This is a top location with very seasoned accounts for pool service routes. Top great paying accounts are all guaranteed 90 days through escrow. 50 accounts are $7,000 recurring plus extra income from filter cleans and other maintenance items. This is a home-based business that has a lot to offer.
Asking Price
$70,000
Cash flow
$358,700
Revenue
$982,600
Down
Call/Email
Posting: 283496 | Available | 1/4/24
For over 35 years, this auto repair business has been servicing the numerous communities of the High Desert. This is a very profitable full-service shop with the opportunity for the buyer to purchase the real property. Additionally, the business provides a wide range of fleet maintenance services.
Asking Price
$750,000
Cash flow
$54,718
Revenue
$633,753
Down
$54,718
Posting: 284333 | Available | 12/17/23
This auto repair shop in the Diamond Bar has an outstanding location on a very busy street. There is plenty of parking and room for vehicles. The profitable shop stays busy based on its great location and well-established customer base. There are 6 bays, 5 lifts, and 1 alignment rack.
Asking Price
$89,850
Cash flow
$225,000
Revenue
$1,000,000
Down
Call/Email
Posting: 271615 | Available | 12/11/23
For sale is this SBA qualified established drywall & painting contractor with 12 employees & an excellent reputation with great reviews online. This business is home-based in Central Orange County and is relocatable. The owner does the estimating and the bookkeeping, and has workers to do the jobs.
Asking Price
$400,000
Cash flow
Call/Email
Revenue
$229,040
Down
Call/Email
Posting: 284238 | Available | 12/9/23
This is for purchasing 83 established residential pool service top accounts in Indian Wells (Palm Desert), CA. Top accounts are all located in the same exclusive gold course. An existing full-time pool service tech is available. They do $16,320 recurring monthly, plus related filter cleans/repairs.
Asking Price
$228,480
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
$200,000
Revenue
$1,400,000
Down
$130,000
Posting: 284053 | Available | 11/28/23
This is a well-established, top brand full-service automotive repair franchise (not a start-up) with an incredibly good reputation and unprecedented national recognition. The business provides a great lifestyle with family-friendly operating hours. The company specializes in complete car care.
Asking Price
$650,000
Cash flow
$442,000
Revenue
$1,374,000
Down
Call/Email
Posting: 283005 | Available | 11/21/23
For sale is a highly specialized high-end, luxury, and sports car service and repair. It has a superb location, facilities, and equipment. In addition to performing regular service and repairs, the business has specially trained and experienced techs/mechanics who have significant experience.
Asking Price
$1,195,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 274302 | Available | 11/14/23
The company provides sales, service, and installation of all its products. The company maintains a high-traffic showroom that allows customer interaction and a place to see samples before making a purchase. The market consists of both commercial and residential opportunities.
Asking Price
$329,000
Cash flow
$112,000
Revenue
$700,000
Down
Call/Email
Posting: 283829 | Available | 11/13/23
This is a fantastic opportunity to acquire a highly reputable residential landscaping company that has established itself as one of the leading service providers in Worcester County The owner is seeking to sell the business, (including all inventory, furniture, fixtures, equipment and vehicles).
Asking Price
$350,000
Cash flow
$349,000
Revenue
$3,400,000
Down
Call/Email
Posting: 283699 | Available | 11/6/23
This is a high-end, professional, family-owned business specializing in top-quality equipment for agriculture and landscaping. The business is known for its focus on providing farmers with the equipment they need to run efficient and productive operations.
Asking Price
$1,100,000
Cash flow
$1,100,000
Revenue
$4,676,582
Down
Call/Email
Posting: 283613 | Available | 10/31/23
This is South Florida's best in truly unique, custom holiday decor, locally owned & operated, serving the commercial and residential community since 2000! From dazzling tree lighting to custom holiday displays, they specialize in creating festive, enchanting and memorable holiday experiences.
Asking Price
$5,750,000
Cash flow
$110,180
Revenue
$181,182
Down
$225,000
Posting: 285048 | Available | 6/14/24
For sale is an office cleaning service across the San Francisco Bay Area Peninsula. Offerings encompass comprehensive office dusting and cleaning, meticulous bathroom maintenance, advanced floor treatment and cleaning, along with thorough carpet cleaning solutions.
Asking Price
$225,000
Cash flow
$180,000
Revenue
$550,000
Down
Call/Email
Posting: 274482 | Available | 6/15/24
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
$123,948
Revenue
$4,112,992
Down
Call/Email
Posting: 283748 | Available | 6/15/24
This fully staffed and trained aircraft service center in Northern California, offering airport operation and aviation mechanical services. Business provides management of aircraft hangar and office rentals for executive meeting spaces. Other services include aircraft sales and brokerage.
Asking Price
Call/Email
Cash flow
$225,886
Revenue
$541,975
Down
$652,500
Posting: 285858 | Available | 6/15/24
This business is currently registered in 8 counties with over two decades in business doing Branch 2 and 3 pest control. Consistent revenue, high cash flow, amazing reputation with fabulous reviews. A good mix of both residential and commercial clients. Perfect business for the PCOC.
Asking Price
$725,000
Cash flow
$90,542
Revenue
$109,946
Down
$149,000
Posting: 285645 | Available | 6/14/24
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
Cash flow
$60,549
Revenue
$166,479
Down
$250,000
Posting: 285045 | Available | 6/14/24
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
$120,000
Revenue
$360,000
Down
Call/Email
Posting: 286599 | Available | 6/14/24
This auto repair business has been in operation for over 20 years with repeat clients. They handle all types of repairs for both domestic and foreign automobiles as well as Smog testing. They have lifts and most of the tools necessary for all types of repairs.
Asking Price
$149,000
Cash flow
$605,000
Revenue
$3,066,000
Down
$250,000
Posting: 284832 | Available | 6/13/24
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
$358,700
Revenue
$982,600
Down
Call/Email
Posting: 283496 | Available | 1/4/24
For over 35 years, this auto repair business has been servicing the numerous communities of the High Desert. This is a very profitable full-service shop with the opportunity for the buyer to purchase the real property. Additionally, the business provides a wide range of fleet maintenance services.
Asking Price
$750,000
Cash flow
$78,884
Revenue
$733,466
Down
Call/Email
Posting: 285810 | Available | 3/23/24
This 20+-year-old auto service shop established since 2001 is located in the Riverside/Moreno Valley area with can't miss massive freeway exposure. This mostly absentee owner owns another shop over an hour away. It has low rent and is absentee run.
Asking Price
$199,000
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
$397,787
Revenue
$1,046,944
Down
Call/Email
Posting: 286790 | Available | 6/3/24
Discover an alloy wheel remanufacturing company in Northern California. Since 1995, a trusted family-owned business has been setting the standard for safety, efficiency and customer service excellence. They offer a seamless experience from pick-up to delivery.
Asking Price
$1,098,000
Cash flow
$395,000
Revenue
$2,100,000
Down
$350,000
Posting: 276028 | Available | 10/11/23
This 30-year-old industrial cleaning distribution business has two locations to service Orange, San Bernardino, and Riverside Counties. This company boasts over 650 customers with 7 employees, two customer service locations, and trucks to operate the business.
Asking Price
$1,500,000
Cash flow
$192,000
Revenue
$345,000
Down
$325,000
Posting: 281837 | Available | 4/11/24
This Northern California-based janitorial company is a California Sole Proprietorship and was formed 26 years ago and has been under the same ownership since inception. They have a very loyal client list with the average client staying with them for over a decade.
Asking Price
$650,000
Cash flow
$146,289
Revenue
$530,959
Down
$195,000
Posting: 286849 | Available | 5/29/24
This business has been trusted in the community since 1988, this auto repair shop services domestic and foreign cars and trucks and continues to provide the highest level of quality of service, 90% of the customers are estimated to be repeat customers with a great reputation.
Asking Price
$195,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286059 | Available | 5/11/24
Services include plumbing for tenant improvement & new commercial construction projects, & re-piping, backflow testing & repair. Clients include commercial, office space, restaurants, manufacturing facilities, health & medical buildings, & many other across San Diego County.
Asking Price
$795,000
Cash flow
$120,000
Revenue
$360,000
Down
$150,000
Posting: 278915 | Available | 3/23/23
For sale or for lease is an auto repair and body shop. Its size is 1,200 + 750 sq ft. and the lot size is 7,000 sq ft. It comes with 4 hoists and 2 bays. The monthly receipts are $30,000 a month, net $10,000 a month, and the price is $150,000. If you lease rent will be $12,500. The lease is 2+5.
Asking Price
$150,000
Cash flow
$81,551
Revenue
$325,027
Down
Call/Email
Posting: 282152 | Available | 8/12/23
This firm is a family-owned and operated business that strives to deliver the highest standard of mosquito control. This standard of care is reflected in its client relationships and the fact that it has over 300 5 star google reviews.
Asking Price
$400,000
Cash flow
$935,829
Revenue
$2,201,687
Down
Call/Email
Posting: 276224 | In Escrow | 4/2/23
For 40 years, this profitable, well-established company has provided high-quality electrical and lighting services to commercial and industrial customers throughout Southern California. Low customer concentration and growth opportunities since there is no marketing currently.
Asking Price
$3,500,000
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
Cash flow
$341,997
Revenue
$800,606
Down
$5,500,000
Posting: 283990 | Available | 4/24/24
For sale is a comprehensive, built-out and turn-key truck services center. There is approximately 4.5 acres of real estate included. It is in a major north-south travel corridor. Their FDOT average daily traffic count is 18,400.
Asking Price
$5,500,000
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
$108,493
Revenue
$235,095
Down
Call/Email
Posting: 282464 | Available | 8/30/23
Unlock the potential for unparalleled growth with a highly esteemed machine shop and sheet metal fabrication business in Los Angeles! In business for over 45 years, this reputable business has a proven track record of success, making it the top choice for HVAC companies.
Asking Price
$450,000
Cash flow
$216,000
Revenue
$720,000
Down
Ask
Posting: 261638 | Available | 4/26/22
If you need any kind of gardening service and machinery, this is the place to go and they carry all the highest quality brands and have an excellent selection of lawn mower equipment and they provide great repair service. They repair on all your gardening equipment, full service including parts,
Asking Price
$259,000
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
Call/Email
Revenue
$1,236,618
Down
Call/Email
Posting: 286818 | Available | 5/29/24
Opportunity to buy a well-established auto repair shop on a busy street. Full-service center with 40+ years of quality and reliability. Ideal for new or expanding business owners. Includes training, support, and equipment. Contact us for details and to schedule a viewing. Don't miss out!
Asking Price
$685,000
Cash flow
$160,000
Revenue
$400,000
Down
Call/Email
Posting: 284221 | Available | 5/18/24
IN ESCROW - IN ESCROW - IN ESCROW - 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
$400,000
Revenue
$1,400,000
Down
$350,000
Posting: 282713 | Available | 3/20/24
An incredible opportunity awaits you at this hardwood & carpet super store, with their avg. gross sales of $1.4M/yr (profit margin 30%+). Rent is $16K inc. NNN, and the showroom/warehouse is about $10,000 sq. ft. The lease expires 2044. 2 cargo vans and 1 flat bed are included in the purchase.
Asking Price
$799,000
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
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
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
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
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.
What is your goal in 5 years? Do you want to become a business owner? Buying a business can be an exciting, safe opportunity to gain financial freedom. But how to buy the right business? This article will walk you through the process of buying a business.
To start a business or try something new, starting a franchise business is a great option. In this blog, we'll break down everything you need to know about buying a franchise in simple, easy-to-understand terms. This guide is for business owners, whether experienced or new.
First impressions are critical when selling a business - ask any potential business buyer. Peter Siegel, Founder Of BizBen explains why all potential small business sellers need to make sure that first impression is a good one.
Often business buyers actions cause a deal to tank but they never know why. Peter Siegel with the BizBen ProBuy Program discusses what mistakes business buyers make in the search process to buy a business with some of the best business brokers and recent sellers on BizBen about this topic.
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.
Some entrepreneurs believe it's better to start a business from scratch rather than buy an existing enterprise. While this may be good advice in some cases, usually it's not the best strategy. Here are five tips to help a buyer make the right decision from Peter Siegel, MBA On BizBen.
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.
In my experience working with the "right banks and financial institutions" repayment ability sometimes overrules collateral pledged by someone needing financing for a business purchase or a down payment. Peter Siegel, MBA - BizBen's ProBuy, ProSell Lead Facilitator explores this important topic.
Should owners who offer a business for sale reveal to prospective buyers any income that is not recorded in the books? This is a controversial topic with arguments both for and against. Most business sales intermediaries believe if you don't pay tax on it, you can't claim it. Some sellers disagree.
Most business acquisition financing strategies involve borrowing money to meet the purchase price. But an entirely different approach, equity sharing, is sometimes pursued if borrowed money is not wanted, or is not available to complete the purchase. Peter Siegel, MBA - BizBen.com covers this topic.
Buying a small to mid-sized business can be a confusing and/or frustrating process for many buyers. Statistics show that over 80% of all buyers never end up buying a business. The ProBuy Program assists potential buyers with the process of finding, evaluating & buying a small to mid-sized business.
Peter Siegel, MBA discusses buyers who want to buy a business or franchise know about asking the seller to provide part of the financing with a carry-back note. Many business buyers need some cash to help fund the down payment and for working capital. Here are four ideas about how to get that money.
With the multitude of factors that come into play when deciding the appropriate time to inform your employees that your business is for sale, I do not offer a standard or general answer. When sellers consult me as to my opinion on when it is the right time, I like to review the major issues that...
What are actual adjusted net earnings (cash flow) of a small business being purchased with business acquisition SBA Loan financing? That's an important amount that lenders need to know. Peter Siegel, MBA (BizBen.com, SBALoanAdvisors.com Founder) reviews this important concept with BizBen Blog users.
Selling a business is hard enough but using the wrong word, text, and strategy can really delay or outright kill a campaign to sell a small business successfully. Peter Siegel, MBA Founder of BizBen.com shares what words, phrases, and strategies work (and not) when selling a small business online.
The unfortunate truth is that approximately 50% of all small business sales transactions fall through. While failed transactions can happen for a variety of reasons, Peter Siegel, MBA (BizBen Founder & Lead Advisor) discusses the most common reason deals fall through; unrealistic asking prices.
The use of add backs & sellers discretionary cash is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains.
Owners should keep the fact that they want to sell their small business confidential. Before releasing information to prospective buyers, buyers should commit to confidentiality in writing & should understand why it is important. Peter Siegel, MBA a ProBuy and ProSell Advisor with BizBen explains.
First the dreaded statistic: 80% of all business buyers looking to buy a small business never end up doing so! Peter Siegel, MBA BizBen.com Founder & ProBuy Director) covers successful tactics & strategies all business buyers of small to mid-sized businesses should utilize now to buy a business.
SBA large loan expert and advisor Peter Siegel, MBA (BizBen.com & SBALoanAdvisors.com Founder) shares his views and experience for getting the right SBA loan for larger deals, getting deals professionally prequalified & analyzed, and getting that loan through underwriting with fewer complications!
Many times when buying a business there are reasons why buying stock or buying assets is the better business decision. We explore these options on the BizBen Blog Post of which option may be better depending on the circumstances of the buyer (and seller) involved in the transaction taking place.
Many business owners fail to maximize their business' value because they don't have a proper strategy in place to do so. Failure to maximize your businesses value will make it harder to attract the most qualified buyers. Have a plan that ensures your business is as attractive & valuable as possible.
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.
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.
