Cash flow
$92,000
Revenue
$205,000
Down
$92,000
Posting: 284468 | Available | 1/3/24
This Pasadena quick service restaurant has a versatile layout in a prime location and provides Mediterranean cuisine to its diverse customer base. The venue boasts a stellar corner location with excellent street visibility, provides great customer service & maintains a pristine level of cleanliness.
Asking Price
$200,000
Cash flow
$168,000
Revenue
$780,000
Down
Call/Email
Posting: 275985 | Available | 12/28/23
For sale is a very profitable Mediterranean food restaurant located on a busy main street. It has lots of business buildings and residences nearby. Has great potential and is very profitable. There is plenty of rear parking, located on the main street. They do live shows on Fridays and Saturdays.
Asking Price
$350,000
Cash flow
$240,000
Revenue
$240,000
Down
$200,000
Posting: 283704 | Available | 11/6/23
For sale is a Mediterranean restaurant & hookah lounge. It has a high cash flow($240,000) and is an excellent location with a full kitchen with a 41 license. The current owner has been there for 10 years now. The sales tax report is $7,300/month, so a loan is available with about a 30% down payment.
Asking Price
$400,000
Cash flow
$171,629
Revenue
$601,369
Down
All Cash
Posting: 282418 | Available | 11/3/23
The price has reduced by $200K to $390,000including the type 47 license. It has been family-owned/operated and established 10 years. The 2022 sales were $601,369 and the owner-adjusted cash flow was $171,629. The lease is 3 years with a 5-year option for 1,800 sq ft. It is $,5400 per month for rent.
Asking Price
$390,000
Cash flow
$120,000
Revenue
$600,000
Down
$189,000
Posting: 283568 | In Escrow | 10/27/23
This is a profitable Mediterranean restaurant in a popular commercial area. It is located in a busy center by heavy traffic streets with high visibility and close to residential areas. Previously it was a Chinese restaurant with a well-equipped double kitchen ideal for Asian menu concepts.
Asking Price
$189,000
Cash flow
$75,000
Revenue
Call / Email
Down
$250,000
Posting: 272648 | Available | 10/11/23
For sale is a great Mediterranean fast food restaurant in the South Bay at a great location for over 12 years! It has a total of over 150K in Sellers Discretionary Earning for the new buyer. It is a very manageable business with two employees and one working owner.
Asking Price
$250,000
Cash flow
$120,000
Revenue
$300,000
Down
Call/Email
Posting: 282414 | Available | 8/25/23
For sale is a 5-day Mediterranean restaurant with low rent. The store size is 750 sq ft. They have great growth potential to do more catering or open 7 days a week. They are surrounded by many office and government buildings. It is convertible to a different concept. The seller works full-time.
Asking Price
$129,000
Cash flow
Call / Email
Revenue
$350,000
Down
Call / Email
Posting: 269121 | Available | 7/29/21
Mediterranean restaurant for sale in El Cajon, San Diego County. Absentee owner. Owner lives out of area. Large seating. Great for hosting events. Prep kitchen, kitchen, updated seating area modern rustic look. Business ready for new owner to put in their own ideas and growth.
Asking Price
$250,000
Cash flow
$360,000
Revenue
$2,200,000
Down
$360,000
Posting: 285177 | Available | 3/30/24
A Mediterranean salad, sandwich, and cocktail bar located near Acadia, is currently available for sale. This business presents a rare opportunity, boasting Hard Liquor licenses #47 and #51. It operates under absentee ownership. This is an easy operation. The store size is 2,500 sq ft.
Asking Price
$948,000
Cash flow
$168,000
Revenue
$780,000
Down
Call/Email
Posting: 275985 | Available | 12/28/23
For sale is a very profitable Mediterranean food restaurant located on a busy main street. It has lots of business buildings and residences nearby. Has great potential and is very profitable. There is plenty of rear parking, located on the main street. They do live shows on Fridays and Saturdays.
Asking Price
$350,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$79,000
Posting: 285721 | Available | 4/22/24
Presenting an exceptional opportunity for a turnkey restaurant asset sale in the heart of Fullerton, California, nestled within the vibrant and growing community of Orange County. This exquisite establishment spans 1,963 square feet and offers a cozy yet elegant dining experience.
Asking Price
$79,000
Cash flow
$240,000
Revenue
$240,000
Down
$200,000
Posting: 283704 | Available | 11/6/23
For sale is a Mediterranean restaurant & hookah lounge. It has a high cash flow($240,000) and is an excellent location with a full kitchen with a 41 license. The current owner has been there for 10 years now. The sales tax report is $7,300/month, so a loan is available with about a 30% down payment.
Asking Price
$400,000
Cash flow
$96,000
Revenue
$324,000
Down
$124,000
Posting: 283243 | Available | 2/4/24
This is a Mediterranean-style restaurant right next to the Newport Beach and has been run by the current owner for 7 years.Corner location.The owner works 5 days a week.The rent is $3742, which is cheap compared to the surrounding market price. The sellers want to retire. It is in a corner location.
Asking Price
$238,000
Cash flow
$75,000
Revenue
Call / Email
Down
$250,000
Posting: 272648 | Available | 10/11/23
For sale is a great Mediterranean fast food restaurant in the South Bay at a great location for over 12 years! It has a total of over 150K in Sellers Discretionary Earning for the new buyer. It is a very manageable business with two employees and one working owner.
Asking Price
$250,000
Cash flow
$120,000
Revenue
$600,000
Down
$189,000
Posting: 283568 | In Escrow | 10/27/23
This is a profitable Mediterranean restaurant in a popular commercial area. It is located in a busy center by heavy traffic streets with high visibility and close to residential areas. Previously it was a Chinese restaurant with a well-equipped double kitchen ideal for Asian menu concepts.
Asking Price
$189,000
Cash flow
$92,000
Revenue
$205,000
Down
$92,000
Posting: 284468 | Available | 1/3/24
This Pasadena quick service restaurant has a versatile layout in a prime location and provides Mediterranean cuisine to its diverse customer base. The venue boasts a stellar corner location with excellent street visibility, provides great customer service & maintains a pristine level of cleanliness.
Asking Price
$200,000
Cash flow
$344,455
Revenue
$817,655
Down
$250,000
Posting: 282317 | Available | 2/4/24
For sale is a semi-absentee run Mediterranean restaurant. An SBA loan is possible for qualified buyers - 30% down. The monthly average sales are $100K and the monthly net income is $25K. They make stable income. The store size is 1,600 sq. ft plus a spacious patio. This is an excellent location.
Asking Price
$625,000
Cash flow
$80,000
Revenue
$780,000
Down
Call/Email
Posting: 284748 | Available | 3/11/24
This Mediterranean restaurant serves traditional dishes from an open kitchen with a well-appointed dining area inside and a lovely patio outside. This popular restaurant is ideally located on extremely busy street and is a minute's drive from Hwy-101, 85, and 237.
Asking Price
$375,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285755 | Available | 3/20/24
This is a Mediterranean restaurant for an asset sale. It was remodeled and built out 1 year ago. This restaurant is located in the strip center on busy Travis Blvd. The size is 1,900 sq ft and rent is $3,700 including NNN, water and garbage. There's a fully equipped kitchen with a 10-foot hood.
Asking Price
$149,999
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 285489 | Available | 3/4/24
The is a newly remodeled Mediterranean restaurant and hookah lounge. Don't miss this newly remodeled fantastic hookah lounge bar with a full-bar restaurant. There is an outdoor patio for smoking and dining. outdoor seating capacity is around 70 people.
Asking Price
$499,000
Cash flow
Call/Email
Revenue
$259,697
Down
$129,000
Posting: 282875 | Available | 3/7/24
The Wrap Shack in Bermuda Dunes is an exciting opportunity for any aspiring restaurateur or entrepreneur looking to enter the food industry. Located in the heart of Bermuda Dunes, this well-established eatery has been serving delicious wraps and Mediterranean eats to locals and tourists alike.
Asking Price
$119,000
Cash flow
Call/Email
Revenue
$780,000
Down
All Cash
Posting: 284823 | Available | 3/11/24
This is a popular Mediterranean restaurant serving traditional Greek dishes from an open kitchen with a well-appointed dining area inside and a lovely patio outside. Located in the beautiful Blossom Hill community of San Jose. It was established and under current ownership since 2021.
Asking Price
$325,000
Cash flow
Call / Email
Revenue
$350,000
Down
Call / Email
Posting: 269121 | Available | 7/29/21
Mediterranean restaurant for sale in El Cajon, San Diego County. Absentee owner. Owner lives out of area. Large seating. Great for hosting events. Prep kitchen, kitchen, updated seating area modern rustic look. Business ready for new owner to put in their own ideas and growth.
Asking Price
$250,000
Cash flow
$120,000
Revenue
$300,000
Down
Call/Email
Posting: 282414 | Available | 8/25/23
For sale is a 5-day Mediterranean restaurant with low rent. The store size is 750 sq ft. They have great growth potential to do more catering or open 7 days a week. They are surrounded by many office and government buildings. It is convertible to a different concept. The seller works full-time.
Asking Price
$129,000
Cash flow
$108,000
Revenue
$392,000
Down
$119,000
Posting: 274682 | Available | 4/6/24
For sale is a Mediterranean restaurant in Ladera Ranch, South Orange County. The store size is 1,600 sq ft. New owners can change the restaurant menu to Thai food or other menu items. It has a good reputation with local neighbors. There is almost no competition. Most of its orders are to-go orders.
Asking Price
$119,000
Cash flow
$113,000
Revenue
$478,399
Down
Call/Email
Posting: 285237 | Available | 2/18/24
This opportunity is also pre-qualified for SBA financing, requiring only a ten percent down payment with a ten-year repayment term. So, you can take advantage of favorable financing terms while stepping into this lucrative venture.
Asking Price
$259,000
Cash flow
$99,000
Revenue
Call/Email
Down
$199,000
Posting: 284873 | Available | 3/2/24
For sale is a Mediterranean restaurant with a 12' hood on the busiest boulevard in Huntington Beach. It is 1,200 sq ft. inside with some outside seating too. The rent is only $3,060 plus NNN for $550. It has an excellent lease (5+5) and a very nice landlord. There is a full kitchen with everything .
Asking Price
$199,000
Cash flow
$171,629
Revenue
$601,369
Down
All Cash
Posting: 282418 | Available | 11/3/23
The price has reduced by $200K to $390,000including the type 47 license. It has been family-owned/operated and established 10 years. The 2022 sales were $601,369 and the owner-adjusted cash flow was $171,629. The lease is 3 years with a 5-year option for 1,800 sq ft. It is $,5400 per month for rent.
Asking Price
$390,000
Cash flow
Call/Email
Revenue
$582,947
Down
Call/Email
Posting: 284835 | Available | 1/24/24
This Mediterranean fast-casual restaurant is located off a major street in a crowded commercial and residential area. The restaurant's ambiance is welcoming and very clean. The franchisor is well-known and established with a strong brand name.
Asking Price
$100,000
Cash flow
Call/Email
Revenue
$345,925
Down
Call/Email
Posting: 285277 | Available | 2/20/24
Mr. Falafel, the 1,170 square feet Mediterranean restaurant, is located on a busy corner of H and 56th street in Sacramento. Great curb appeal, high visibility from the busy H street traffic, right next to a Starbucks store, close distance to Sacramento State University, in a desirable neighborhood.
Asking Price
$220,000
Cash flow
Call/Email
Revenue
$825,000
Down
Call/Email
Posting: 269371 | Available | 1/4/24
For sale is a great opportunity to purchase this family-owned and operated Mediterranean market & deli in the Antelope Valley area. The average gross sales are $70K. The rent is about $3,000 per month including NNN. There are 2 years of lease left plus 5+5. It is consistently growing.
Asking Price
239,000+ Inv
Cash flow
Call/Email
Revenue
$900,000
Down
Call/Email
Posting: 281291 | Available | 3/17/24
This is an authentic Mediterranean gyros shop for sale tucked away in a food court blocks from the UC Berkeley campus. This place is known for its delicious Mediterranean plates and Gyros. With a remodeled food court and seating. The gross income a month is roughly around $75,000.
Asking Price
$299,000
Cash flow
Call/Email
Revenue
$550,000
Down
Call/Email
Posting: 283924 | Available | 4/23/24
For sale is a Mediterranean healthy food restaurant with vegetarian options. It is best known for its yummy dishes, homemade like daily fresh pita bread, superb customer service, and cleanness. This business recently obtained a beer & wine permit. It is conveniently located in a large plaza.
Asking Price
$89,000
Cash flow
$120,000
Revenue
$360,000
Down
$235,000
Posting: 283315 | Available | 4/1/24
For sale is a falafel Mediterranean restaurant with a size of 1,800 sq. ft. There is a pizza oven, freezer, walk-in cooler, 12 ft type hood, and a three-compartment sink. There is a charbroiled for kabobs and a flat grill for burgers and gyro. Monthly gross sales are $30,000.
Asking Price
$235,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 272092 | Available | 3/25/24
This is an authentic Italian and Mediterranean restaurant for sale in Downtown San Francisco inside a well-known food court. Their food is a blend of Italian and Mediterranean dishes such as pizza, pasta, and wraps. Catering accounts are not included.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
$300,000
Down
Call/Email
Posting: 284807 | Available | 1/23/24
This is a nice sized restaurant of almost 2,000 sf with a patio, an open kitchen concept, walk-in cooler and freezer, grease trap, and small office with a rent of $7m700 including NNN is available for Key Money. There will be a new lease and must have experience and existing concept to present.
Asking Price
$99,000
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
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
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
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
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
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
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
Looking to buy restaurant businesses? Check out these tips first to avoid getting blindsided when you buy restaurants. Peter Siegel, MBA with BizBen.com discusses this topic.
Many California small business investors want to buy a restaurant. People always need to eat; there should be plenty of business. And some buyers think there is prestige to owning a popular eating establishment. But it isn't an easy purchase. Here's what not to do when planning to buy a restaurant.
The process for making a liquor license transfer used to take approximately 55-70 days, but now because of labor shortages and work protocols, it can be up to 3 months in California, for example. The longer an escrow is open, the greater the chance of having it fall out of escrow.
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.
The latest BizBen.com survey of Business Brokers and Agents outlined what it takes to be a top ten percent performer in the business brokerage industry. From good communication to utilizing your resources, these traits are something to take note of and put into practice to be successful.
This webinar is designed for business buyers, owner/sellers, business brokers, agents, and advisors who can benefit on the latest information and strategies on procuring large SBA loans to buy or sale a "large" small business - typically priced between $500K to $10M. Peter Siegel, MBA is the host.
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.
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.
Approaching business owners directly to see if they want to sell can sometimes work well for business buyers searching to buy a small business. Another way is to broadcast your search criteria via the BizBen ProBuy Program to all brokers, agents, and intermediaries who are selling a small 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!
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.
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.
Despite challenges in the business for sale marketplace, some of the brokers who make a living by facilitating a deal between buyer and seller are known to stand in the way of a completed transaction because of some outdated ideas. Too bad they put greed ahead of the needs of their clients.
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.
The idea to have a buying a business checklist follows the adage that it's always useful to start with a plan when searching to buy a small business for sale. Peter Siegel, MBA Founder of BizBen.com and top advisor of the BizBen ProBuy Program suggests six items for all business buyers to utilize.
The key to finding the ideal business broker or agent and selling a small business is asking the right questions and getting the right answers back! Peter Siegel, MBA with BizBen & several top business brokers and agents in California (ProIntermediaries) contribute to this topic to assist sellers.
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 - BizBen.com & SBALoanAdvisors.com Founder discusses the difference between a hands on owner and an absentee owner. It covers why someone would want to be an absentee owner and then goes on to discuss the pros and cons of buying an absentee run small to mid-sized business.
Peter Siegel, MBA - Lead Advisor with the BizBen.com ProSell Program discusses critical steps to prepare a small to mid-sized business including: which documents will be needed, key advisors to have involved, pricing the business, and how to attract the right business buyers to your listing.
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.
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.
Peter Siegel, MBA - BizBen Founder & Director of the ProBuy/ProSell Programs explores why earnest money deposits when opening escrow (and bulk sale) serve several important purposes when buying or selling a small business in California. For Buyers not offering a realistic deposit may be a problem.
Successful sellers of small businesses need a game plan to sell their California small business for maximum price and for the best terms. Peter Siegel, MBA discusses these seller strategies with BizBen Blog readers based on his experience as the lead Advisor with the ProSell Program on BizBen.com.
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.
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.
Buying a small to mid-sized restaurant can have many pitfalls, and potential restaurant buyers should know how to avoid getting burned! Several restaurant advisors weigh in with (Peter Siegel, MBA at BizBen) and discuss tips for buying a restaurant in California.
Was chatting with a potential buyer of a restaurant in our BizBen ProBuy Program and he asked me what he should look for in due diligence when he finally did find a restaurant he was interested in. Peter Siegel, MBA with BizBen and others on BizBen explore this topic.
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.
