Cash flow
$95,000
Revenue
$210,000
Down
$150,000
Posting: 285560 | Available | 3/7/24
This well-established body shop business is in a free-standing building on a major boulevard in Azusa. The building size is 2,925 SF, the lot size is 5,050 SF, and the rent is $5,000/MO with a new 3-year lease plus 3 3-year option in place.
Asking Price
$150,000
Cash flow
$200,000
Revenue
$411,000
Down
Call/Email
Posting: 285551 | Available | 3/6/24
This window repair service business is a reputable and reliable service provider specializing in the repair and restoration of windows for residential and commercial properties. With a commitment to excellence and customer satisfaction, the company has built a strong reputation in the industry.
Asking Price
$500,000
Cash flow
$203,012
Revenue
$2,223,164
Down
$649,000
Posting: 285544 | In Contract | 3/6/24
Explore an exceptional opportunity to acquire a well-established HVAC business renowned for its professional services and long-standing client relationships. With a proven track record of profitability and a strong market presence, this company offers a turnkey solution for entrepreneurs.
Asking Price
$649,000
Cash flow
$118,732
Revenue
N/A
Down
N/A
Posting: 283307 | Available | 3/6/24
For sale is an automotive repair shop, historically certified as a Monterey Bay Green Business and offering full range of services. It's one of the last custom exhaust fabricators in the area. The absentee owner is retiring, making this a good opportunity for a new independent operator.
Asking Price
$115,000
Cash flow
$352,715
Revenue
$1,074,031
Down
Call/Email
Posting: 283580 | Available | 3/5/24
This plumbing contractor business, currently headquartered in Marin County, California, has been serving the Bay Area for over half of a century. The company specializes in plumbing solutions and offers a diverse range of services.
Asking Price
$649,000
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
$346,500
Revenue
$1,962,150
Down
Call/Email
Posting: 285493 | Available | 3/4/24
This commercial landscaping company represents a divestment of a division of a larger unrelated entity. Established in the early 2010s in Sacramento, CA, its journey from humble beginnings exemplifies its commitment to growth, innovation, and excellence in landscape maintenance.
Asking Price
$900,000
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
N/A
Revenue
N/A
Down
N/A
Posting: 285421 | Available | 3/1/24
For sale 8 bays mechanic shop with smog check and repairs. It is located in Escondido, CA. Rent is only $3,220 per month. The building size is 3,100 SQ/FT. The lease is 12 years (asset sale). It has 8 bays and the asking price is $99,000.
Asking Price
$99,000
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
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285218 | Available | 2/16/24
With over forty (40) years of commercial & residential experience, this well-established company has been serving No. Bay area Counties since 2001. The family owned & operated business offers a variety of services, such as; plumbing & plumbing repair, drain cleaning, sewer locating & video services.
Asking Price
$349,000
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285085 | Available | 2/9/24
For sale is an established, family-owned automotive repair and service shop located in the city of Santa Clara, California. The business has been thriving for almost 10 years. The shop has 5,000+sq ft. for auto repair. The owner works with one employee.
Asking Price
$275,000
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
$180,000
Revenue
$550
Down
Call/Email
Posting: 274482 | Available | 4/28/24
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
$379,489
Revenue
$2,897,957
Down
$79,000
Posting: 281198 | Available | 4/29/24
For sale is a building maintenance and construction company with real estate. They had $420,000 of SDE in 2022! It has been established for 40 years. Maintenance provides recurring revenue and generates additional, high-margin construction services. Real property is valued at $1MM.
Asking Price
$799,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286059 | Available | 4/9/24
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
$425,000
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
$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
$665,000
Revenue
$2,100,000
Down
Call/Email
Posting: 281768 | Available | 7/24/23
The Exterior Remodeling Construction Company is a Limited Liability Company (LLC) located in the state of Delaware. It was incorporated in 2002 by the current owners. With over 25 years of experience in exterior residential remodeling, the company has built a strong reputation.
Asking Price
$2,500,000
Cash flow
$230,000
Revenue
$1,700,000
Down
$1,100,000
Posting: 285227 | Available | 4/11/24
This business offers a full and wide range of services for vehicles, including repair, overhaul or replacement of numerous items including brakes, fuel injectors, engines, transmissions, water pumps, air conditioning, drivelines, axles, timing belts, and the list goes on.
Asking Price
$1,100,000
Cash flow
$168,000
Revenue
$600,000
Down
$178,000
Posting: 285284 | Available | 3/26/24
This well-established auto repair shop, located in the heart of Orange County, offers a remarkable opportunity for prospective buyers. Featuring 3 spacious bays and 2 advanced hoists, this facility is well-equipped to service both domestic and imported vehicles with high efficiency and expertise.
Asking Price
$178,000
Cash flow
$304,800
Revenue
$1,582,000
Down
Call/Email
Posting: 286328 | Available | 4/29/24
For sale is a 26 year old auto repair business located in prime area of South Orange County. It is 13,000 sq ft with 22 ft ceilings. There is additional outdoor parking for 35 cars. They are increasing revenue year after year with clean financials.
Asking Price
$851,000
Cash flow
$251,467
Revenue
$407,981
Down
Call/Email
Posting: 247361 | Available | 4/12/24
This company performs general mechanical services but primarily provides HVAC service and change-outs throughout the greater Sacramento and Placer counties. They perform commercial HVAC services including apartments and rental properties but do some residential work. Gross Rev 408K, Cash Flow 251K.
Asking Price
$399,000
Cash flow
$2,381,247
Revenue
$32,972,358
Down
Call/Email
Posting: 286333 | Available | 4/29/24
For sale is an established plumbing construction and maintenance company based in California with ~$30mm backlog. It has a diversified client base including commercial, industrial, and high rise residential projects in both the public and private sectors. They have a solid employee roster.
Asking Price
Call/Email
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
$88,000
Revenue
$175,000
Down
$165,000
Posting: 285885 | Available | 3/28/24
This established mobile truck and trailer repair service, with a history spanning over 60 years, is now on the market. The current proprietor, having dedicated 47 years to its operation, is seeking retirement and looking to pass on the business.
Asking Price
$165,000
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
$389,127
Revenue
$4,198,304
Down
Call/Email
Posting: 285655 | Available | 3/14/24
Established in 2000, this Bay Area janitorial business boasts a 4.5-star rating. Its unique model uses third-party contractors for efficiency, maintaining green certification and competitive pricing. Strong client and vendor relationships make it ripe for growth.
Asking Price
$950,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 279458 | Available | 10/19/23
This is a highly profitable, over 37-year-old, well-established plumbing company. The owner claims annual gross is close to $ 1,000,000. Net Income $285,000 in 2021. The inventory and equipment, including 1 service van, is worth about $75,000.
Asking Price
$300,000
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
$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
Cash flow
$147,000
Revenue
$486,760
Down
Call/Email
Posting: 285769 | Available | 3/21/24
This is a full-service sign company located in North Orange County. Established in 1996, they specialize in meeting the needs of homebuilders. Since then they have expanded and assist industrial and commercial clients, residential property management companies
Asking Price
$399,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282561 | Available | 3/11/24
This automotive repair shop is located on a bustling street in the heart of San Lorenzo, CA. This certified business has built and maintained a reputation of outstanding service. They do full service and repair shop for domestic and foreign automobiles, including a certified smog check station.
Asking Price
$99,000
Cash flow
$79,256
Revenue
$717,499
Down
Call/Email
Posting: 284636 | Available | 4/12/24
This business is well established and located on a high-traffic street, with great visibility! The business benefits from a large and loyal clientele list, and established name recognition. This multifaceted business stays scheduled at capacity. Gross $717,499 Cash Flow $79,256
Asking Price
$225,000
Cash flow
$112,905
Revenue
$298,000
Down
Call / Email
Posting: 264921 | Available | 12/21/22
Boylan Brother's Window Cleaning is an established business of over 41 years serving the Coachella Valley. They offer professional services for both commercial and residential properties. Let them take a look at your property, no job is too large or small for them.
Asking Price
$295,000
Cash flow
$304,975
Revenue
$1,168,332
Down
$50,000
Posting: 283471 | Available | 4/29/24
Never more than now is a great time to own an auto service business. With new car inventory scarce, striking workers, and the highest used car values in decades, people are holding on to their used cars longer. Translation, more cars to fix, and maintenance. It has had the same owner since 1983!
Asking Price
$499,000
Cash flow
$500,000
Revenue
$3,000,000
Down
Call/Email
Posting: 275784 | Available | 8/17/23
This is an established body shop in the east bay area. They are working with 7-8 different insurance companies including the car store company. There are long-time experienced employees. The costs of goods are $65,000 per month. Labor is $45,000. The monthly net profit is $40,000.
Asking Price
$690,000
Cash flow
$148,248
Revenue
$1,010,052
Down
Call/Email
Posting: 280935 | Available | 3/21/24
The most recognized name in the muffler service and repair business, Midas is poised to take advantage of the growing used car market and remain an industry leader. Go with a winner, Midas. Imagine a 42% return on your money and pride of ownership!
Asking Price
$350,000
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
$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
$146,420
Revenue
$398,171
Down
Call/Email
Posting: 285626 | Available | 3/12/24
For sale is a seventeen-year-old business with a long consistent history of profitability. It has an excellent reputation in the community with 5-star Yelp and Google ratings. This is a great opportunity for growth if the new owner does more marketing.
Asking Price
$359,000
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
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
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
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
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
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
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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Avoiding the obvious mistakes when selling a small business is important if you want to sell your business. Peter Siegel, Director of BizBen and the BizBen ProSell Program discusses what fatal mistakes business owners should avoid when selling their small to mid-sized California 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.
Only 30% of all small businesses for sale that are put on the market overall are sold! A surprising statistic to most business owners, agents, and brokers trying to sell a small business! If however you follow the strategies (BizBen Protocol Method) in this blog post you should see success!
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One of the most difficult challenges when purchasing a small business is expressed by this prospective buyer of a liquor store who is told by the seller that there is more money being made than shows up on the books. Should the buyer accept that statement by the seller & go ahead with the purchase?
The economy has started to repair itself since the recession. While things may never be what they were in the past, the economy and small businesses have started to gain some form of momentum again. If you are considering buying a small to mid-size business consider these recession proof businesses.
Buyers search for an absentee business, wanting to collect profits generated by a successful enterprise without having to stand at the sales counter or cash register, without having to cook, operate equipment or talk to customers. Peter Siegel, MBA offers his intake on absentee run businesses.
Being an Entrepreneur has its perks, it can also be challenging. You need to make sure you're ready for the challenge. Here's a list of 10 important questions to get you started when buying a business. Peter Siegel, MBA (BizBen Founder) reviews this topic for business buyers of small businesses.
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.
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.
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...
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!
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.
