Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284756 | Available | 1/19/24
This profitable Mexican street food haven is located in the heart of the downtown heritage district, surrounded by retail shops and enjoying high visibility. The fully equipped space, currently operating for takeout and delivery with the kitchen, office, or catering staging area, is 1,000 square ft.
Asking Price
$69,000
Cash flow
$38,650
Revenue
$413,000
Down
Call/Email
Posting: 284108 | Available | 1/19/24
A well-established and beloved ice cream parlor in a prime location in La Puente. This authentic Mexican-style Ice Cream Business is perfect for an investor, or a family-run operation.
Asking Price
$135,000
Cash flow
$530,000
Revenue
$2,958,124
Down
Call/Email
Posting: 273267 | Available | 1/3/24
This highly popular Latin American & Mexican Grocery store is located in a busy neighborhood retail center. Established in 1992, Family owned for the last 30 years. This grocery store is known for a wide variety of Latin American groceries, South & Central American beverages, and premium meat cuts
Asking Price
$1,895,000
Cash flow
$480,000
Revenue
$2,300,000
Down
$550,000
Posting: 283273 | Available | 12/22/23
For sale is a Mexican grill & cocktail bar un Laguna Hills with annual sales of over $2.2 million. The business hours are from 3 pm-9 pm, so it is open only 6 hours a day. Sunday business hours are from 10-2PM (4 hours) only. The business open 5 and 1/2days a week. Closed on Mondays.
Asking Price
$1,500,000
Bldg Size
5,000 Sq.Ft
Typical Floor Size
Call / Email
Year Built
Call / Email
Posting: 284391 | Available | 12/21/23
For sale is an independent mini truck stop business with property near Fresno, CA. It is located off HWY 99, with high visibility, a high-rise sign, a 2-acre lot with 4 gasoline MPDs, 6 diesel MPDs, and E85 Fuel. There is a QSR restaurant, a shower, clean restrooms, and the store size is 5,000 sqft.
Asking Price
$8,900,000
Cash flow
Call/Email
Revenue
$6,000,000
Down
Call/Email
Posting: 280322 | Available | 12/1/23
For sale is a nightclub with dining and dancing, located in a coastal area. It is approximately 6,000 sq. ft inside/outside. The rent is $37,000/month gross with a lease term of 2 years plus a 3-5 year option. There is a huge outside area (doubling its size). The owner will train.
Asking Price
$4,000,000
Cash flow
$350,000
Revenue
$2,107,000
Down
$35
Posting: 282646 | Available | 11/21/23
For sale is a well-established long-term Mexican fast food restaurant with a drive-thru. It is a 100% absentee-run business with so much potential if the new owner gets involved and does all kinds of promotion & marketing. The current owner needs to retire ASAP due to health reasons.
Asking Price
$1,400,000
Cash flow
Call/Email
Revenue
$1,109,710
Down
Call/Email
Posting: 283119 | Available | 10/1/23
Located in high-traffic Sherman Oaks, this establishment, with a strong dedicated following, has been consistently profitable and includes a beer/wine license with significant growth opportunities. Customers come to enjoy the authentic Mexican flavors without animal products.
Asking Price
$129,000
Cash flow
$63,120
Revenue
$696,000
Down
Call/Email
Posting: 281305 | Available | 6/21/23
For sale is a Mexican restaurant franchise that is located in the busy food court with plenty of seating and parking. There is a large business office building nearby. This is a great location with lots of foot traffic. This great business opportunity will not last! The owner has owned since 2018.
Asking Price
$195,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$20
Posting: 256544 | Available | 3/9/23
This is a Del Taco famous franchise business opportunity with property for sale. The free-standing building with a drive facility is doing over $1.3 million plus business annually. The lot size is approximately 30,000 sq ft. It is the second leading brand in the fast-growing Mexican QSR category.
Asking Price
$2,400,000
Cash flow
$110,000
Revenue
$375,000
Down
Call / Email
Posting: 275388 | Available | 7/31/22
Mexican restaurant for sale in Carson, CA. Reason for selling is change of business. Located in very close proximity to Harbor, UCLA medical center and university. In prime location with high foot traffic at all times. Currently serving dishes with Halal meat. Lot of tourists, out of state and local
Asking Price
$50,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 275067 | Available | 7/9/22
Free standing burger and Mexican food restaurant in Los Angeles County In California. Owner established For 31 years and currently running. Well-established restaurant with strong local clientele base. High visibility & street exposure, located on a major avenue and within a quick minute to 60 Freew
Asking Price
$495,000
Cash flow
$276,000
Revenue
$1,500,000
Down
$200,000
Posting: 272506 | Available | 5/17/22
Mexican restaurant with meat market for sale in Hesperia, CA. Owner since 2014. Very profitable business. Has good financial records. Reason for selling: owners wants to retire. Note: same owner since 2014. 65% business from restaurant 35% from market. Restaurant gross profit margin 75%, meat market
Asking Price
$550,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 266744 | Available | 7/7/21
Mexican Restaurant dine in or take out location in business shopping center corner location good serves Mexican food tacos etc. full hot kitchen, hood system nice equipment nice decor. located on busy street next to burger king.
Asking Price
$125,000
Cash flow
Call/Email
Revenue
$1,000,000
Down
Call/Email
Posting: 286054 | Available | 4/22/24
For sale is a Mexican restaurant that is located inside a major shopping center with a supermarket anchor. No other Mexican restaurants in the complex & cannot open a new Mexican restaurant according to our lease agreement. There is plenty of parking. It has a beer & wine license.
Asking Price
$439,900
Cash flow
$480,000
Revenue
$2,300,000
Down
$550,000
Posting: 283273 | Available | 12/22/23
For sale is a Mexican grill & cocktail bar un Laguna Hills with annual sales of over $2.2 million. The business hours are from 3 pm-9 pm, so it is open only 6 hours a day. Sunday business hours are from 10-2PM (4 hours) only. The business open 5 and 1/2days a week. Closed on Mondays.
Asking Price
$1,500,000
Cash flow
$110,000
Revenue
$1,100,000
Down
$120,000
Posting: 285436 | Available | 2/29/24
For sale is a fantastic Mexican bar & grill restaurant and it is 100% absentee-run. It in a heavy traffic area in a huge shopping center area with a type 47 liquor license. They have annual sales of $1,100,000 and the annual profit if $110,000. With training & support.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
$600,000
Down
Call/Email
Posting: 280262 | Available | 4/5/24
Price lowered! This is a Mexican restaurant with good rent for sale. The rent is fixed for every 10 years. The monthly gross is $55,000. The owner works 5 days and has 4 employees. The rent is $3,600 and the size of the restaurant is 1,800 sq. ft. There's a fully equipped kitchen w/a 10 feet hood.
Asking Price
$149,999
Cash flow
$181,605
Revenue
$917,651
Down
Call/Email
Posting: 282279 | Available | 3/22/24
This high-volume end-cap location is in a shopping center anchored by a national supermarket. Business hours are from M-Su 10:30 am-9 pm. Baja Fresh Mexican Grill opened its first restaurant in 1990 featuring all-fresh, traditional fire-grilled favorites, with handmade and farm-fresh ingredients.
Asking Price
$470,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284756 | Available | 1/19/24
This profitable Mexican street food haven is located in the heart of the downtown heritage district, surrounded by retail shops and enjoying high visibility. The fully equipped space, currently operating for takeout and delivery with the kitchen, office, or catering staging area, is 1,000 square ft.
Asking Price
$69,000
Cash flow
$1,600,000
Revenue
$1,600,000
Down
$1,500,000
Posting: 284942 | Available | 3/7/24
Established in 2007, with a consistent owner-operator, this upscale liquor store, strategically located, offers a variety of hot food and deli sandwiches. Operating under the same ownership since its inception, the business boasts impressive financials and substantial profitability.
Asking Price
$1,500,000
Cash flow
$60,000
Revenue
$300,000
Down
Call/Email
Posting: 283597 | Available | 2/8/24
For sale is a Mexican restaurant in nice shopping center. This beautiful-looking restaurant has low rent and long lease. It closes on Mondays. It was established in 1968. The owner remodeled the corner location a year ago and it has lots of parking. It is off the 605 freeway.
Asking Price
$150,000
Cash flow
$97,563
Revenue
$1,069,811
Down
Call/Email
Posting: 286077 | Available | 4/9/24
This restaurant a 'turn key' business opportunity in Sacramento with over a $1million annual sale, easy excitability with nice curb appeal. Keep it as a Mexican restaurant or bring your own concept. With minimal future investment it could be turned into many different concepts.
Asking Price
$295,000
Cash flow
$110,000
Revenue
$375,000
Down
Call / Email
Posting: 275388 | Available | 7/31/22
Mexican restaurant for sale in Carson, CA. Reason for selling is change of business. Located in very close proximity to Harbor, UCLA medical center and university. In prime location with high foot traffic at all times. Currently serving dishes with Halal meat. Lot of tourists, out of state and local
Asking Price
$50,000
Cash flow
$276,000
Revenue
$1,500,000
Down
$200,000
Posting: 272506 | Available | 5/17/22
Mexican restaurant with meat market for sale in Hesperia, CA. Owner since 2014. Very profitable business. Has good financial records. Reason for selling: owners wants to retire. Note: same owner since 2014. 65% business from restaurant 35% from market. Restaurant gross profit margin 75%, meat market
Asking Price
$550,000
Cash flow
Call/Email
Revenue
$1,205,584
Down
Call/Email
Posting: 284983 | Available | 2/3/24
An opportunity awaits with the sale of this Mexican restaurant and bar in Santa Rosa. It is fully-equipped and ready for a seamless transition. Step into a business situated in a prime location within a popular shopping center, surrounded by premier stores and bustling businesses.
Asking Price
$350,000
Cash flow
$160,435
Revenue
$1,232,233
Down
Call/Email
Posting: 283656 | Available | 3/22/24
Extremely attractive Mexican family restaurant with full liquor and a community favorite for over 40 years! Offering an incredible lease through 2042, with only 2% annual increases every five years. An expansive remodel was completed in 2022 with new equipment, flooring, new lighting & much more!
Asking Price
$375,000
Cash flow
Call/Email
Revenue
$1,109,710
Down
Call/Email
Posting: 283119 | Available | 10/1/23
Located in high-traffic Sherman Oaks, this establishment, with a strong dedicated following, has been consistently profitable and includes a beer/wine license with significant growth opportunities. Customers come to enjoy the authentic Mexican flavors without animal products.
Asking Price
$129,000
Cash flow
$240,000
Revenue
$2,400,000
Down
$200,000
Posting: 285095 | Available | 3/26/24
Located in San Gabriel Valley of Los Angeles is this long-established restaurant under current ownership for decades. This Mexican restaurant with its full bar and large patio offers its patrons authentic traditional cuisine and a great hospitality experience in a warm and friendly atmosphere.
Asking Price
$699,999
Cash flow
Call/Email
Revenue
$1,716,000
Down
Call/Email
Posting: 286180 | Available | 4/18/24
This restaurant is known for serving a variety of authentic Mexican cuisine and offer a full bar with a wide selection of tequilas, margaritas, and other cocktails. The restaurant has a casual and lively atmosphere, with colorful decor and friendly service. They have both indoor and outdoor seating.
Asking Price
$699,000
Cash flow
Call/Email
Revenue
$1,105,260
Down
Call/Email
Posting: 284574 | Available | 3/15/24
Located in the highly desirable and upscale Conejo Valley, this 2,750 square foot Mexican restaurant with a full ABC license has showcased Old World charm since 2014, while featuring bold flavors of authentic Mexican dishes with superior quality. A wide range of catering options help drive revenues.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 277001 | Available | 4/7/24
For sale is a Mexican restaurant. It is an asset sale - no financial statement is available. This is a stand-alone building and shares parking with the business next door. The size of the building is 1,500 sq. ft and the rent is $3,100/m. There is a walk-in cooler and 8 feet hood.
Asking Price
$89,999
Cash flow
Call/Email
Revenue
$6,000,000
Down
Call/Email
Posting: 280322 | Available | 12/1/23
For sale is a nightclub with dining and dancing, located in a coastal area. It is approximately 6,000 sq. ft inside/outside. The rent is $37,000/month gross with a lease term of 2 years plus a 3-5 year option. There is a huge outside area (doubling its size). The owner will train.
Asking Price
$4,000,000
Cash flow
$180,779
Revenue
$1,082,692
Down
Call/Email
Posting: 282280 | Available | 4/22/24
For sale is a high-volume end-cap Baja Fresh franchise located conveniently off the freeway! Baja Fresh Mexican Grill opened its first restaurant in 1990 featuring all-fresh, traditional fire-grilled favorites, with handmade and farm-fresh ingredients. Today, Baja Fresh is owned by Kahala Brands.
Asking Price
$455,000
Cash flow
$100,000
Revenue
$100,000
Down
$500,000
Posting: 281727 | Available | 4/6/24
For sale is a Korean kimchi, banchan, K-bread, and Mexican food catering with the property included. It is in a mixed commercial zone. Before, it was a Vietnamese restaurant. There are 2 restrooms. This space plus a 5-unit rental income property. Excellent location.
Asking Price
$1,180,000
Cash flow
Call/Email
Revenue
$720,000
Down
Call/Email
Posting: 280451 | Available | 4/10/24
For sale on a very nice corner on busy Saratoga Ave close to Highway 280 is a breakfast/lunch/dinner restaurant. It is centrally located with tons of traffic and residential, plus businesses on a busy major street. The business has been established recently but has a lot of potential to grow.
Asking Price
$240,888
Cash flow
$105,008
Revenue
$762,445
Down
Call/Email
Posting: 282281 | Available | 4/23/24
This is a high-volume end-cap location in a shopping center anchored by the grocery store. Baja Fresh Mexican Grill opened its first restaurant in 1990 featuring all-fresh, traditional fire-grilled favorites, with handmade and farm-fresh ingredients. Today, Baja Fresh is owned by Kahala Brands.
Asking Price
$325,000
Cash flow
$85,888
Revenue
$600,000
Down
$125,000
Posting: 282779 | Available | 4/19/24
For sale is a prime location in the heart of Glendale. It is well-established on the busiest Blvd, with lots of cars and foot traffic. It is surrounded by a mix of commercial, residential, and retail stores. The building has 2 floors totaling 2,000 sqft. The second floor is used as an office lounge.
Asking Price
$125,000
Cash flow
Call/Email
Revenue
$980,000
Down
$210,000
Posting: 285556 | Available | 4/10/24
A rare opportunity to own a Mexican restaurant with a 47 full bar and the property. The restaurant is almost 4,400 sf and the sales are almost at $1m a year. This business is long established and the property and the liquor license hold a lot of value. SBA requires 10% down for real estate purchase.
Asking Price
$21,000,000,000
Cash flow
Call/Email
Revenue
$600,000
Down
Call/Email
Posting: 285783 | Available | 3/22/24
This is a large Mexican restaurant for sale in Mountain View tucked away from San Antonio shopping center and other busy areas. It is a free standing building serving coastal Mexican food with lots of seafood. The vibes inside are extremely authentic- Spanish spoken everywhere.
Asking Price
$168,000
Cash flow
$70,000
Revenue
$360,000
Down
$120,000
Posting: 283314 | Available | 4/1/24
For sale is a halal Mexican restaurant with a size of 1,200 sq. ft - you can convert it to another concept. Monthly gross income is $30,000 and net profit is $8,000. Rent is $3,000/month and NNN is $1,000 including garbage and water. The lease is 5 years + 5 years option. No Indian Restaurant!
Asking Price
$120,000
Cash flow
$38,650
Revenue
$413,000
Down
Call/Email
Posting: 284108 | Available | 1/19/24
A well-established and beloved ice cream parlor in a prime location in La Puente. This authentic Mexican-style Ice Cream Business is perfect for an investor, or a family-run operation.
Asking Price
$135,000
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 the Founder Of BizBen.com. I consult daily with intermediaries, business buyers, owner/sellers & advisors daily about buying and selling California small to mid-sized businesses. Contact me today about joining & utilizing BizBen, consultations, & advisory services.
ServingNationwide - All Areas
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
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
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
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
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.
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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.
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.
Unlike a traditional brick and mortar business, selling a home business requires more finesse on the part of the seller. You really need to do your due diligence and prepare the business to be sold in order to make it attractive to a buyer. Here are my tips to achieving a successful sale.
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.
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.
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.
