Status: Off The Market
Posting ID: 271407
$250,000
Asking Price
NOTE: This BizBen Posting #271407 ACHC Hospice Service - Relocatable in Los Angeles County is currently INACTIVE Today (Either: It's In Escrow, It's Sold, or Is Off The Market Temporarily) - Please See Today's ACTIVE Postings below that match this posting's attributes. For your convenience there are also helpful links below to assist you in your search to buy or sell a small to mid-sized business that matches your criteria. Thank you for using BizBen.com.
Description
We have a hospice for sale that just passed its licensing phase and is ready for its certification. This business is currently working with the Accreditation Commission for Health Care (ACHC).
The geographical service area includes Los Angeles County, Orange County, Ventura County, San Bernardino County, Riverside County, San Diego County, Imperial County, Inyo County, Santa Barbara County, Tulare County, Kings County, Kern County, Fresno County, San Luis Obispo County, and Madera County.*
Motivation: The motivation for the sale is that the seller is looking toward another business venture.*
Relocation: This business is in Los Angeles County (San Fernando Valley) with the license having the flexibility to be relocated to another county. Buyer to confirm with CDPH, NGS, CMS, ACHC, and their professional third-party consultant.*
Fees: The seller has paid the initial ACHC fees with the buyer to take over the remaining certification fees with ACHC.*
FFE: None at this time.*
Software: The agency currently has no software platform, which means that you will be able to choose the software that best suits your needs.*
Corporation: The Corporation's standing is good with the Secretary of State and with the Franchise Tax Board. All corporate and compliance information would need to be verified via the buyer's due diligence.*
Lease: The buyer can choose to maintain the current office or via a CHOL relocate the business.*
Billing. This is a new facility with no prior billing. *
Employees: There are no employees at this time. No history of employees.*
Census: No census.*
This listing is not open to financing options. This is a cash-only listing.
Consultant: The seller can provide the buyer with a list of qualified Medicare consultants that can help the new owner with a Change of Location (CHOL) (as applicable) and the Change of Ownership (CHOW) paperwork.
As of the posting of this business opportunity, Senate Bill #664 was approved which now places a moratorium on the licensing of new hospice agencies in California beginning January 1, 2022. This only means that existing hospices and newly formed hospices, such as this one, will be valued at a higher market price in the near future. Bill CA AB2673 (https://legiscan.com/CA/text/AB2673/2021) *
COVID Precautions: For all face-to-face meetings we ask all parties wear a mask, stay at least 6-feet from one another, to self-monitor for signs and symptoms like the flu, to clean your hands with soap and water for 20 seconds or to use a hand sanitizer that contains at least 60% alcohol. All parties who voluntarily choose to schedule a face-to-face meeting assume the risk of contracting COVID. If you tested positive for COVID and are asymptomatic, we ask for full disclosure.
It is imperative that ALL potential buyers: (1) Sign an NDA, (2) provide Proof of Funds (redacted), (3) provide a Buyer Profile with a Buyer Representation for this one business and (4) understand that no direct communication with the clinical or administrative staff is expected as a part of the pre-due diligence phase of the sale.
Please Note: The seller is responsible for proving the accuracy of any information provided to the buyer's satisfaction. Information contained in this document is provided solely by the seller. No representations or warranties are provided by Healthcare Biz Brokers, its agents, representatives, or subsidiaries as to the accuracy, completeness or validity of such information. Interested parties are encouraged to seek counsel from their accountant, attorney, Medicare consultants, medical billers, medical coders, experienced clinicians and/or other business advisors. Healthcare Biz Brokers does not work with non-licensed buyer representatives (i.e., finders). Buyers seeking this business opportunity will be responsible for any commissions sought by their buyer-representative. Buyers seeking a partnership agreement, an earn out agreement, or another hybrid acquisition strategy are required to disclose this material fact prior to proceeding with this business opportunity.
*Buyer to verify during due diligence.
Details
Asking Price: $250,000
Down: $250,000
Cash Flow: Call/Email
Revenue: Call/Email
Area: Los Angeles County
City: None Given
Attributes:
Cash flow
$228,310
Revenue
$963,242
Down
$Call/Email
Posting: 279613 | Available | 5/23/23
This business was started in 2016 as a small private practice in Encino. They currently offer psychotherapy to adults, children, & adolescents, in addition to families and couples.
Asking Price
$599,000
Cash flow
$Call/Email
Revenue
$Call/Email
Down
$150,000
Posting: 278011 | Available | 3/6/23
We have an excellent opportunity for you to acquire a fully operational urgent care clinic located in a highly transited and well marketed. This opportunity comes to the market as an asset purchase with the seller selling the existing infrastructure along with a bountiful amount of goodwill.
Asking Price
$300,000
Cash flow
$N/A
Revenue
$N/A
Down
$Call/Email
Posting: 279496 | Available | 3/4/23
We have a CDPH (California Department of Public Health) licensed agency for sale in Glendora (Los Angeles County). The agency began in July 2020, and it received its initial CDPH (California Department of Public Health) license in July 2021. The corporation and agency are owned by two individuals.
Asking Price
$95,000
Cash flow
$Call/Email
Revenue
$694,228
Down
$Call/Email
Posting: 278296 | Available | 3/28/23
For sale is an established hospice agency located in the Encino area, Los Angeles County. It is health department licensed (CDPH License) and Joint Commission accredited (JACHO). The last survey was in March 2022 and the next one is not due for almost 2.5 years. Staffed with medical professions.
Asking Price
$249,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 272846 | Available | 3/22/23
Brand new home health care agency. Fully licensed with ACHC accreditation. Provider number linked with cms for immediate deposits from medicare. Ownership is fully transferable (no need for 3 years wait or "management agreement"). The office is relocatable or available for use.
Asking Price
$250,000
Cash flow
$N/A
Revenue
$N/A
Down
$100,000
Posting: 280843 | Available | 5/22/23
Brand new hospice agency with provider number and tie-in. No previous billing history. ACHC accredited. Looking to sell ASAP. Asking for $190,000 but will take reasonable offers and be willing to negotiate.
Asking Price
$190,000
Cash flow
$N/A
Revenue
$N/A
Down
$50,000
Posting: 280746 | Available | 5/15/23
Hospice for sale in Van Nuys, Los Angeles County, California. Clean and ready to bill. Training and support are available until the complete turnover.
Asking Price
$240,000
Cash flow
$180,000
Revenue
$350,000
Down
$Call
Posting: 266781 | Available | 3/6/21
Verywell established family practice located in Los Angeles County. After 30+ Years in practice the physician is retiring. HMO, Medicare and Medical and a host of other IPAs. Located in a prime building adjacent to a hospital, the office is comprised of 3 exam rooms and an office.
Asking Price
$250,000
Cash flow
$N/A
Revenue
$N/A
Down
$
Posting: 279837 | Available | 3/23/23
For sale is a new ACHC Hospice in Los Angeles County California. It is ready to admit Medical patients and service them at homes, assisting living, nursing homes, and RCFE.
Asking Price
$125,000
Cash flow
$Call/Email
Revenue
$400,000
Down
$Call/Email
Posting: 275397 | Available | 3/28/23
For sale is an RCFE home licensed for up to 6 residents, offering all levels of care, from minimal assistance to Hospice care. Respite care is also available. They have an excellent caregiver-to-resident ratio with 7 PT and 5 FT caregivers on staff. An assistant administrator is also available.
Asking Price
$1,390,000
Cash flow
$N/A
Revenue
$N/A
Down
$175,000
Posting: 280650 | Available | 5/9/23
Priced For Quick Sale-Brand New Home Health Care Agency-Fully Licensed & Accredited-Medicare Provider In Place-Ready To Provide Home Health Care Related Services To Medicare Patients & Bill For It.
Asking Price
$175,000
Cash flow
$Call/Email
Revenue
$Call/Email
Down
$220,000
Posting: 280004 | Available | 5/10/23
We have an opportunity to acquire an accredited hospice with its tie-in notice in place and situated in an excellent professional building in Arcadia (L.A. County). This hospice comes to the market with no billing and or other issues and it is perfect for a business owner with hospice experience.
Asking Price
$220,000
Cash flow
$Call/Email
Revenue
$Call/Email
Down
$Call/Email
Posting: 278346 | Available | 5/30/23
Brand New Hospice Agency for Sale. Licensed by the state of California and Fully Accredited by ACHC with provider number and tie-in notice. Ready to bill with no billing history. Centrally located in Sun Valley in a beautiful building/office with low rent. 195k
Asking Price
$195,000
Cash flow
$N/A
Revenue
$N/A
Down
$N/A
Posting: 279767 | Available | 4/24/23
This is a unique opportunity to acquire a Mobile Diagnostic Imaging Center that is licensed to provide its services all over California! The Company provides ultrasound services to various medical professionals such as Family Practitioners, Internal Medicine, Cardiologists, Chiropractors, and more!
Asking Price
$375,000
Cash flow
$194,665
Revenue
$675,281
Down
$1,650,000
Posting: 269280 | Available | 4/19/23
This Sun Valley Congregate Living Facility sale includes a 6-bedroom facility property, as well as its Department of Human Services (DHS) License! The Type A Congregate Living Facility was established in 2014. The business has a Medical Director, a Registered Nurse (RN), and 11 LVNs.
Asking Price
$1,650,000
Cash flow
$Call/Email
Revenue
$Call/Email
Down
$400,000
Posting: 271717 | Available | 5/10/23
We have an ACHC (Accreditation Commission for Health Care) certified hospice agency ready to bill. The agency was begun in May 2019, and it received its initial CDPH (California Department of Public Health) license in October 2020. The corporation and agency are owned by one seller.
Asking Price
$550,000
Cash flow
$65,000
Revenue
$984,000
Down
Call / Email
Posting: 273847 | Available | 7/27/22
Founded over 26 years ago, this business is a long-time Provider of high-quality, home-based medical care serving the greater Los Angeles and Orange County region. The business is a long-time vendor and contracted with LA County hospitals and medical centers. Over 15 Insurance contracts.
Asking Price
$350,000
Cash flow
$Call/Email
Revenue
$Call/Email
Down
$550,000
Posting: 271599 | In Contract | 12/2/22
We have a Joint Commission (JC) accredited home health agency that is past its 36-month rule mandate with its most recent JC survey being performed and passed in September 2021. This agency would be considered a turn-key agency with a full-time staff in a great location in the South Bay (LA).
Asking Price
$550,000
Cash flow
$Call/Email
Revenue
$1,200,000
Down
$Call/Email
Posting: 278294 | Available | 3/28/23
For sale well-established, turn-key, and fully occupied Congregate Living Facility (CLHF) located in Pacoima, Los Angeles County. Licensed by CDPH (California Department of Health) for 6 residents with 2 fully private rooms and 2 shared rooms. A must-see for any serious CHLF buyer!
Asking Price
$525,000
Cash flow
$350,000
Revenue
$492,000
Down
$400,000
Posting: 280119 | Available | 4/10/23
"CASH COW" Independent Senior Care home business is a very profitable, turn-key, and very well-established, Independently owned, in-home senior care business in a highly desirable market in San Fernando Valley. This business is recession-proof.
Asking Price
$1,800,000
Cash flow
$N/A
Revenue
$N/A
Down
$N/A
Posting: 280526 | Available | 5/2/23
Brand new Hospice Agency and Home Health Agency for sale in Glendale (91204) CDPH and ACHC. ( 10 counties approved) Brand new Hospice - 210K Brand New Home Health Agency- 210k
Asking Price
$210,000
Cash flow
$362,000
Revenue
$Call/Email
Down
$Call/Email
Posting: 267633 | Available | 3/21/23
We have an established Kaiser and VA contracted skilled home health agency in Lancaster (Los Angeles County) with an ongoing census of +/-50 patients (census has both Medicare-insured patients and managed care-insured patients). This agency owner has a book of doctors, and discharge planners.
Asking Price
$1,300,000
Cash flow
$Call/Email
Revenue
Call / Email
Down
$Call/Email
Posting: 275791 | Available | 2/26/23
This Sherman Oaks area home-health care agency provides high-quality home-health care services to promote health and improve its client's quality of life. The services they offer include nursing, physical therapy, occupational therapy, speech pathology, medical social and home health care.
Asking Price
$250,000
Posting: 276805 | Available | 3/21/23
We have a cash client looking for an accredited hospice with the provider number in place and a tie notice in place. We are very interested in only hospice agencies near or around Rowland Heights (LA County). We are aware that you can relocate a hospice though the buyer is adamant.
Cash flow
$500,000
Revenue
$2,570,000
Down
Call / Email
Posting: 273846 | Available | 7/27/22
Both Businesses are accredited by The Joint Commission, the nation's oldest and largest standard-setting and accrediting body in health care. By demonstrating compliance with The Joint Commission's national standards for health care quality and safety,
Asking Price
$1,775,000
Cash flow
$N/A
Revenue
$N/A
Down
$Call/Email
Posting: 279107 | Available | 5/10/23
Get the opportunity to purchase a Home Health License at a very low price in San Gabriel Valley of Los Angeles. The agency began in June 2021 and received its initial California Department of Public Health (CDPH) license in June 2022. The agency ACHC certification is good from June 2022-June 2023.
Asking Price
$55,000
Cash flow
$Call/Email
Revenue
$Call/Email
Down
$Call/Email
Posting: 277528 | Available | 2/21/23
This home health agency is for sale in the Sunland Tujunga, California area. The company has been operating since 2017, has a current census of 28, and is fully staffed. The total projected revenue for 2022 is $700,000.
Asking Price
$349,000
Cash flow
Call / Email
Revenue
Call / Email
Down
$100,000
Posting: 278517 | Available | 5/24/23
Existing Home Health Care with provider number for sale in Glendale California. Just passed the Tri-Annual survey with ACHC. License fee paid till 2024.
Asking Price
$125,000
Cash flow
$Call/Email
Revenue
$720,000
Down
$Call/Email
Posting: 280570 | Available | 5/3/23
A well-established fast food restaurant, in tip-top condition for sale a little corner of goodness right in the neighborhood. Proudly provides the most authentic homemade Mediterranean cuisine and atmosphere around.
Asking Price
$650,000
Cash flow
$N/A
Revenue
$N/A
Down
$
Posting: 279798 | Available | 3/20/23
Free standing hospice and Home Health agencies for sale in Woodland Hills CA. The Hospice last survey was done July 2022 and the home health survey was done on June 2021 by The Joint Commission. The seller will help with CHOW and relocation if needed. Seller carry will be considered.
Asking Price
$950,000
Cash flow
$1,500,000
Revenue
$8,000,000+
Down
$
Posting: 278933 | Available | 5/29/23
Earthwork construction company grading, asphalt paving for renovation & new construction projects, plus asphalt & concrete repairs and maintenance for recurring commercial & public customers. 30 skilled employees with capable non-owner management. Extensive equipment & vehicles. 37-year history.
Asking Price
$5,995,000
Cash flow
$345,000
Revenue
$2,300,000
Down
$100,000
Posting: 280018 | Available | 5/25/23
Upscale Salon - San Francisco Bay Area - Contra Costa. Streamlined operation with the part-time owner. Long-Term clientele. 20 dedicated staff, stable cash flow, growth, and expansion potential.
Asking Price
$849,000
Cash flow
$108,000
Revenue
$271,000
Down
$22,500 SBA
Posting: 279421 | Available | 5/29/23
Based in Alameda County, this 5-Star-Rated home staging business serves home sellers and real estate agents in the San Francisco Bay Area with projects ranging from 2-bedroom bungalows to high-rise condos and 5-bedroom country homes.
Asking Price
$225,000
Cash flow
$Call/Email
Revenue
$Call/Email
Down
$Call/Email
Posting: 278346 | Available | 5/30/23
Brand New Hospice Agency for Sale. Licensed by the state of California and Fully Accredited by ACHC with provider number and tie-in notice. Ready to bill with no billing history. Centrally located in Sun Valley in a beautiful building/office with low rent. 195k
Asking Price
$195,000
Cash flow
$Call/Email
Revenue
$353,000
Down
$50,000
Posting: 280658 | Available | 5/10/23
Nekter's handcrafted juices, smoothies, and acai bowls are natural, clean and give high energy. Our healthy on-the-go favorites are our cold-pressed juices. The healthy menu includes smoothies, acai bowls, juices, cleanses, and a variety of healthy snacks. The Brand did well through COVID.
Asking Price
$251,000
Cash flow
$72,000 (2021)
Revenue
$511,000
Down
$Call/Email
Posting: 279848 | Available | 5/27/23
New lower price. Location! In a great city, Los Angeles County, currently its Coco Thai kitchen, formerly Thai BBQ, Tarzana Coco Thai Kitchen is an authentic Thai restaurant in Suffield, Connecticut serving traditional recipes in a relaxing, family-friendly atmosphere. Convert To Any Cuisine.
Asking Price
$175,000
Cash flow
$Call/Email
Revenue
$995,600
Down
$50%
Posting: 279089 | Available | 3/29/23
This location was established in June 2018 and it is tremendously growing every year even during the Covid-19 Pandemic. There is an ABC type 41 beer & wine license included with a large indoor and outdoor seating capacity. They have modern decor with a combination of table and bar seating.
Asking Price
$450,000
Cash flow
$247,560
Revenue
$607,878
Down
$100%
Posting: 279065 | Available | 5/26/23
Smoke Shop - Attractive - High Net - 100% Absentee owned & 100% Employee Run - Located in an Upscale and Desirable City of San Bernardino County.
Asking Price
$375,000
Cash flow
$Call/Email
Revenue
$270,000
Down
$99,999
Posting: 279934 | Available | 3/29/23
Absentee run turn-key Hair Salon Franchise located in a prime location in Inland Empire and priced to sell. Start-up costs for a similar site include a $50K franchise fee and approx. $350k for buildout. Little marketing will increase the cash flow.
Asking Price
$99,999
Cash flow
$Call/Email
Revenue
$Call/Email
Down
$Call/Email
Posting: 273909 | Available | 3/28/23
Established in 1981, this corner store is under the same ownership for the last 41 years. It is situated on a corner lot in a two-story structure. The ground floor is occupied by a grocery market with a 3bd/1bth apartment unit on the upper level generating nice rental income. Ideally located.
Asking Price
$725,000
Cash flow
$150,000
Revenue
$465,000
Down
$Call/Email
Posting: 276230 | Available | 5/23/23
This restaurant is located in a busy shopping center near Downtown Huntington Beach (close to the Huntington Pier) and has a wine bar with casual dining. It has a grill and fryers and comes with a beer and wine license. It is open 6 days a week from 11 am to 8 pm. It has a major take-out business.
Asking Price
$169,000
Cash flow
$N/A New Franchise
Revenue
$N/A New Franchise
Down
$Send Form
Posting: 277984 | Available | 5/27/23
Own the line painting & pavement maintenance service business that property managers rely on. If you're looking for a recession-resistant business offering unlimited profit potential, low startup costs, & incredible demand, investing in an EverLine Coatings and Services franchise is a wise choice.
Asking Price
$49,500 Franchise Fee
Cash flow
$200,000
Revenue
$517,000
Down
$300,000
Posting: 276123 | Available | 1/6/23
Very profitable 10-year-old wet cleaning plant, West Hills, CA . 30% increase for 2022. $517,000 gross, $200,000 profit. Project a minimum of $570,000 for 2023. Well maintained with pride of ownership. Owner is 76 and would like to retire. Will train. Don't miss out on this opportunity.
Asking Price
$500,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 277317 | Available | 12/6/22
Hospice Agency Located in Houston, Texas. Agency ACHC Accredited and Medicare Certified and is ready to bill. Agency is authorized to provide services in Region 6 which included this counties: Austin, Fort Bend, Matagorda, Wharton, Brazoria, Galveston, Montgomery, Chambers, Harris, Walker, Colorado
Asking Price
$249000
Cash flow
$N/A New Franchise
Revenue
$N/A New Franchise
Down
Posting: 276905 | Available | 5/27/23
All Dry franchisees provide clients with top-flight water damage restoration services. We provide high-tech processes, intuitive software, proprietary training & more to ensure any water or mold issue is properly handled. All Dry offers a proven model in a recession-proof industry.
Asking Price
$49,500 Franchise Fee
Cash flow
$Call/Email
Revenue
$1,700,000
Down
$Call/Email
Posting: 280576 | Available | 5/4/23
Location is extremely important when owning a restaurant! This is an extraordinary opportunity to own an established and profitable business centrally located in the best area of town with lots of foot traffic, street parking, and free garage parking nearby.
Asking Price
$339,000
Cash flow
$400,000+
Revenue
$1,100,000+
Down
Call / Email
Posting: 272547 | Available | 5/29/23
A professional service company providing written translation and oral interpretation services in 200 languages for clients worldwide: government agencies, NGOs, business entities, etc. Extensive team of language experts and broad client base. The business operates virtually.
Asking Price
$1,700,000
Cash flow
$94,000
Revenue
$897,000
Down
$100,000
Posting: 280661 | Available | 5/28/23
This is your opportunity to own a profitable established breakfast/lunch restaurant in sunny North County San Diego. The owner has decided to retire after 25 years. This is an excellent time to become an owner of a breakfast/lunch restaurant and generate cash for yourself. SBA Pre-Approved!
Asking Price
$167,000
Cash flow
$180,000
Revenue
Call / Email
Down
$Cash
Posting: 248011 | Available | 5/27/23
Reduced Price. Fast food free standing restaurant with drive thru. Located on a Major corner intersection on a main street. Excellent books and records. Monthly Rent: $4,000. Lease has 17 years left. Open 7 days. Sunday - Thursday, 6am - 9pm + Friday - Saturday, 6am - 10pm. Price reduced $450K.
Asking Price
$450,000
Cash flow
$Call/Email
Revenue
$600,000
Down
$40,000
Posting: 278882 | Available | 3/14/23
This North Huntington area restaurant with beer and wine boasts a highly unique high traffic near a beachside location that caters to multiple demographics of area residents and visitors, and the boating community. The location has a highly versatile build-out that may be adapted to any concept.
Asking Price
$40,000
Cash flow
$121,724
Revenue
$443,449
Down
$100%
Posting: 280764 | Available | 5/26/23
Convenience Store/Discount Market - Attractive Built - Well Established - High Visibility - Low Rent - Low Overheads. Located on a major busy street ensures a high volume of vehicle and foot traffic and a steady stream of clientele.
Asking Price
$180,000
Cash flow
$300,000 plus
Revenue
$730,720
Down
Call / Email
Posting: 276160 | Available | 5/29/23
This profitable water purification supplies and services business serves the technical, hospital, medical, and dialysis industries of north/central California and western Nevada, including companies like Tesla. Established in 1997. Annual sales are projected to well exceed $600,000 in 2022.
Asking Price
$899,000
Cash flow
$1,900,000
Revenue
$7,500,000
Down
Call / Email
Posting: 271089 | Available | 5/29/23
Profitable commercial construction general engineering contractor, with recurring Fortune 500 customers, over 50 employees, and extensive equipment and vehicles. In San Francisco Bay Area. Customers consist of major telecommunications and other Fortune 500 companies throughout Northern California.
Asking Price
$8,000,000
Cash flow
$150,000
Revenue
$125,000
Down
$Call/Email
Posting: 280718 | Available | 5/15/23
Fantastic opportunity to take over this well-established salon that has been operating in the same area for over 10 years. The salon offers hair-cutting, styling, and coloring services. The current owner manages the salon on a 100% absentee basis.
Asking Price
$25,000
Cash flow
$N/A New Franchise
Revenue
$N/A New Franchise
Down
Posting: 277023 | Available | 5/27/23
Make every minute of the day count. The Fitness 1440 unique concepts promote the total well-being of the mind, body, & spirit. The customized approach enables franchise owners to open a fitness club for a fraction of the cost of many big-box brands, matching their own vision & community needs.
Asking Price
$50,000 Franchise Fee
Cash flow
$350,000
Revenue
$3,500,000
Down
$Call/Email
Posting: 276539 | Available | 5/29/23
This full-service landscape design, construction, & maintenance contractor is a recent consolidation of two firms. Recurring customers, an experienced crew, new management, modernized procedures, & innovative marketing resulted in annualized sales of over $3,500,000 with a net profit of 10%+.
Asking Price
$695,000
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.
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The likelihood of selling a business is often determined by external factors in the marketplace. Here are eight influences on how easy, or difficult it might be when selling a small business. Peter Siegel discusses these factors in a BizBen.com article.
One of the strategies for selling your business to a very cautious buyer is to relate the price to performance of the company in the months after the buyer takes over. Peter Siegel with BizBen.com explains this strategy.
Don't buy a laundry business before reading these 5 tips to maximize your investment. You'll soon be able to buy a laundry with confidence! Peter Siegel, MBA with BizBen.com discusses this topic.
The three most widely used sources of funds for financing business purchase assets are buyer's cash, seller financing, and SBA bank loans. Peter Siegel, MBA with BizBen.com and an SBA loan consultant & placement specialist explains the differences between them.
Before you buy a dry cleaners small business, read these critical tips about this industry. Discover why a dry cleaner needs to be "green" to be profitable. Peter Siegel, MBA (BizBen ProBuy, ProSell Program Advisor) explores this topic and other helpful strategies on buying a dry cleaning store.
Chuck Post, a leading laundry expert with over 37 years of developing laundries, retooling, and rebranding hundreds of existing laundries, tells investors how to search, find, evaluate, and do good laundry due diligence laundries for acquisition. A must read for new investors & current operators.
Many Californians want to buy a coin laundry because it's a business that doesn't require full time owner attention and because, as an all cash business, the owner is always paid before the service is provided. But there are a few misconceptions about the business and a buyer should have the facts.
Chuck Post hosts these live FREE online webinars on Buying A Card or Coin Laundry. These webinars occur every Weds at Noon. Have your questions ready for an open and honest discussion about both the Pro & Cons of the Vended Laundry Business. RSVP or for more info phone Chuck at 619-227-5711 direct.
Coin operated laundry for sale (also referred to as a laundromat), which typically can yield a 20% to 30% profit (before taxes, interest, depreciation and amortization) on gross revenues to the owner. Peter Siegel, MBA with BizBen.com discusses this topic on buying small to mid-sized laundromats.
Utility rates are on the rise. I am getting calls from laundry owners complaining of the costs, asking for ideas. So what is the answer? What is the best approach in combating these costs? Chuck Post, laundry consultant discusses strategies for keeping coin laundry utility costs under control.
Laundry buyers and investors should expect both challenging times and opportunities for success in 2022 and 2023. Chuck Post, Laundry Industry Advisor explores growth opportunities, equipment advances, industry challenges and trends all laundromat buyers and investors should know about.
When investing in a laundry business, there are two methods. One is preferred, but the other is far more common. If you are considering entering into a new industry, like most now entering the laundry industry, you want to have a good understanding of both opportunities. Chuck Post explores both.
Laundromats and coin operated Laundromats are popular choices among business buyers as they often can be successfully run as an absentee run business. You need to be strategic about when you sell your Laundromat so you don't get taken to the cleaners by a buyer and so that you maximize your profits.
The laundry business offers all of those rewards of business ownership, with much fewer headaches than with most other businesses. However buyer beware - Chuck Post, laundry broker and consultant covers several mistakes many first time laundry buyers commit when buying a California laundromat.
Are you thinking of selling your California vending route? More business buyers than ever before are looking to buy such a business. Peter Siegel, MBA with BizBen.com discusses tips for selling your vending route.
Buying a professional service business, like a dental practice, is one of the most profitable ventures you can enter into if you are considering becoming a small business owner. In this blog, Peter Siegel, MBA discusses six things you need to know about buying a successful dental practice or office.
Entrepreneurs who think they want to buy a towing business need to have some idea of what to look for when examining businesses for sale in this industry. The assets, including tow trucks and perhaps the property where towed vehicles are stored, determine much of the value of this kind of company.
Buying a day care for sale is a dream for many people. Here, you'll learn how to successfully negotiate the purchase of a day care for sale to make that dream a reality. Peter Siegel with BizBen.com covers this topic.
There are several things to consider when placing a value on a preschool. Businesses that are regarded as leading preschools in their area can go for premium prices so know what you have so a potential buyer can't take advantage of your lack of knowledge. Peter Siegel with BizBen.com explains.
If you are open to exploring the franchise opportunities available the commercial cleaning industry is an area you should consider. Commercial cleaning franchises are quickly becoming a popular choice among business buyers and here are my 6 reasons why you should consider buying one.
Buyers interested in buying a janitorial cleaning business will find companies in this industry for sale that are quite profitable. Careful due diligence, including the six factors covered in this blog post, is advised before completing a deal. Peter Siegel, MBA with BizBen explores this industry.
One of the most important steps in buying a business is doing your due diligence. When buying a California winery, there are three major areas to focus your attention during this period of research. Learn about these three factors in this BizBen blog post on wine industry due diligence for buyers.
A business buyer in the BizBen ProBuy Program asks how to handle the inventory amount in the purchase price of a business. Other questions answered in this article: Do you add the inventory value to the business value? Should the owner be expected to take back a note for the value of the inventory?
Trying to pick the best convenient stores for sale? Learn how to find convenient stores for sale with high traffic, profitable locations to maximize your investment. Peter Siegel Director of the ProBuy & ProSell Programs and BizBen Founder explores this issue regarding buying convenence stores.
Unlike many small businesses, due to strict regulations there are many steps that you must take before you can consider buying a liquor store. Peter Siegel with BizBen discusses the seven steps will put you on the right track to buy a liquor store legally.
Looking to buy a California gas station? Consider these five questions first before buying a gas station, saving lots of money & headaches. Peter Siegel, MBA and Founder of BizBen.com and BizBen's Top Advisor for the BizBen ProBuy and ProSell Programs discusses this topic of buying CA gas stations.
How does the laundromat business look as we enter this changing environment? Is it still as easy to operate a laundry and be profitable? Is it still the American Dream Business that it has been known to be? Yes, but… Chuck Post, Laundry Advisor & Consultant initiates this BizBen Discussion post.
We are finding that many laundry buyers and investors are not being given true light to selected elements of value or there are inconsistencies in the interpretation of these elements of value. This common error needs to be addressed. In this BizBen Discussion we address many of those factors.
Chuck Post a laundry consultant, specialty broker, buyer representative & due diligence advisor starts this discussion on why it's important to have an exit strategy in mind while buying a laundromat! He & others explain why this concept is so important for buyers especially in the laundry business.
However all the laundry listings are asking 4X to 5X multiple for an asking price! Is this reasonable, standard? We are are looking buy either a coin or a card laundry and want to pay a "fair" price. What factors go into valuing a laundry business these days? Multiple Advisors answer this question.
When buying an Elderly Care Home what should potential buyers always ask the broker or owner before proceeding? Find out in this Discussion on BizBen. Items buyers of elderly care homes will want to know more about why the seller is moving on, average length of stay, placement fees paid, etc.
A business buyer asks about the viability and purchase of a home health care service and about the future of this industry - Peter Siegel, MBA takes on this question with other ProIntermediaries & Advisors on BizBen regarding the home health care industry and it's future for potential buyers.
I would like to start this discussion and see what other BizBen Users feel about (and possible contribute to this list via a comment and replies below) what items/questions/information buyers should be thinking about during the due diligence and buying process of manufacturing related businesses.
Is a dog grooming business for you? Business broker Joe Ranieri ponders this question with BizBen viewers and answers this question along with other intermediaries and advisors. Some replies cover: brick and mortar vs. mobile, licenses & certifications, maintaining and growing a clientel, etc.
The only time to get an exact and accurate inventory count, and valuation, is at the time the business is being transferred. To do so beforehand, would mean that any merchandise sold after inventory is taken, but before close of escrow - Peter Siegel, MBA with BizBen & others discuss this topic.
Buying a liquor store can present some major challenges to business buyers - a recent client on the BizBen ProBuy Program relates to Peter Siegel, MBA what the major challenges may be when searching for and buying a Californa liquor store business. I welcome other Advisors to weigh in on this topic.
Buying a gas station can be a profitable business. From my experience, here are the pros & cons of buying a gas station that I share with BizBen ProBuy Buyers when they come to me to to get pre-qualified for financing to buy a gas station (with or without real estate). I discuss all these factors.
How much money should you expect to make when buying an automatic car wash? Peter Siegel, MBA (BizBen ProBuy Program Director and Business Purchase Financing Expert) explains with other brokers, intermediaries, and advisors info on this topic.
This is a hard question to answer specifically without any knowledge of the business. What kind of car wash it is (auto, self-serve, or full service)?, How many bays does the car wash have? Is there any other streams of revenue? We discuss this topic regarding car washes on this BizBen Discussion.
Before purchasing a car wash (quick serve or full serve) you must understand that the industry as a whole will provide you with plenty of competition. More importantly, depending on what your interests are, you will identify what type of car wash you want. We discuss this all in this Discussion.
Doing due diligence when buying any type of business is extremely important. Regardless of what type of business you are buying there are certain things you will always look at such as, financials, equipment, legal issues etc. We take a look at several angles for optimal gas station due diligence.
In this Discussion, we define financing options available to potential restaurant buyers when purchasing a small to mid-sized restaurant business (with or without real estate). When it comes to financing a restaurant purchase, potential restaurant buyers have several options to choose from.
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.
Ice cream shops are a favorite with buyers of small businesses, but many times don't know what to look for when seeking a purchase of a shop. Joe Ranieri and other intermediaries and advisors share their experience and expertise to potential ice cream shop owners. Explore these tips to learn more.
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.
