Status: Off The Market
Posting ID: 265997
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Asking Price
NOTE: This BizBen Posting #265997 Hospice Agency - Provider Number, Brand New in Pasadena, 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.
Attributes:
Cash flow
$514,000
Revenue
$790,000
Down
$600,000
Posting: 268831 | Available | 5/17/24
Over three decades in business, this medical practice has over 4,600 chars and a great reputation. Its current location has been in a larger medical building since 2014. It has 3 exam rooms, 2 consultation rooms, one EKG room, and one procedure room. The lease lasts until June 2024.
Asking Price
$1,200,000
Cash flow
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Revenue
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$250,000
Posting: 283043 | Available | 3/14/24
If you are looking for an operating clean skilled home health agency that is past its 36-month rule criteria, our Tarzana-based agency (Los Angeles County) is a perfect fit. The agency is currently being run by an experienced healthcare team that for licensing purposes has kept a 2 patient census.
Asking Price
$250,000
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Posting: 280612 | Available | 3/13/24
This is a home health agency state license (ACHC) accredited for sale in the city of Glendale. The license is relocatable. The license was approved in May 2023. It is ready to apply for second accreditation. The office space price monthly is $1,200 and it's month to month.
Asking Price
$27,000
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Posting: 284809 | Available | 1/23/24
This rehabilitation center focuses on aiding individuals in overcoming alcohol and drug addiction. They offer personalized treatment plans, counseling services, and various therapeutic activities within a supportive and structured environment, emphasizing holistic healing and sustained recovery.
Asking Price
$250,000
Cash flow
$320,509
Revenue
$919,360
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Posting: 259183 | Available | 5/9/24
For sale is a medical spa & family practice. The doctor is retiring. $200,000 in equipment & furniture is included. It is a 3,000 sq. ft two-story stand-alone medical building. It is SBA-approved. Full training is provided.
Asking Price
$599,900
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Posting: 283213 | Available | 5/6/24
For sale is a brand new Home Health Agency located in the neighborhood of Van Nuys, Los Angeles County. The asking price is $159,000. It is Health Department licensed (CDPH License) and is ACHC accredited, The provider number (PTAN) is in hands and ready for billing! The tie-in notice is ready.
Asking Price
$145,000
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Posting: 284101 | Available | 3/5/24
For sale is a brand new Home Health Agency located in the neighborhood of Van Nuys, Los Angeles County. The asking price is $150,000. It is Health Department licensed (CDPH License). The provider number (PTAN) is in hands and ready for billing! The tie-in notice is ready.
Asking Price
$150,000
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Posting: 284047 | Available | 11/28/23
An outstanding opportunity is available with the sale of an established home health business in Burbank, California. Established in 2010, this business is ready to bill immediately, ACHC accredited, and covers a strategic area including LA, San Bernardino, and surrounding counties.
Asking Price
$210,000
Cash flow
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Revenue
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Down
$159,000
Posting: 285050 | Available | 3/14/24
Are you looking to expand your footprint in the home health industry? Don't miss this incredible opportunity! This newly established and ready to bill home health agency is in the heart of Valencia, California (Los Angeles County).
Asking Price
$159,000
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Revenue
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Posting: 284070 | Available | 5/10/24
Here's your chance to acquire a thriving Home Health Agency in Los Angeles, California. With impressive revenue figures, full Medicare census, prestigious contracts, and accreditation, this agency is primed for success.
Asking Price
$1,800,000
Cash flow
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Revenue
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Down
$50,000
Posting: 285037 | Available | 3/14/24
If you are looking for a licensed home health agency located in Los Angeles County, we have a great deal for you. This agency is ready for the accrediting organization certification with the incoming buyer not needing to delay their time with licensing process.
Asking Price
$50,000
Cash flow
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Revenue
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Posting: 285522 | Available | 5/2/24
For sale is a hospice agency located in the San Fernando Valley Area, Los Angeles County. It is Health Department licensed (CDPH License). It was originally licensed in 2020 and it is Joint Commission Accredited.
Asking Price
$350,000
Cash flow
$205,962
Revenue
$557,659
Down
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Posting: 277435 | Available | 2/13/24
For sale is a fully staffed, turn-key, highly reputable physical therapy practice that is ready to treat patients. For nearly 15 years, this South Bay physical therapy practice & wellness center has built strong relationships within the community. They treat patients of all ages.
Asking Price
$199,000
Cash flow
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Revenue
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Posting: 285867 | Available | 5/14/24
This is a hospice agency for sale in Burbank, Los Angeles County, California, with first license only. It must pass the second survey. The price is $175K.
Asking Price
$175,000
Cash flow
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Revenue
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Posting: 284072 | Available | 11/29/23
An exceptional opportunity is available with the sale of a home health agency in Woodland Hills, California. This agency is past the 36-month rule, making it available for immediate sale. Ready to bill, it holds certifications for both Medicare and Medicaid and is ACHC accredited.
Asking Price
$250,000
Cash flow
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Revenue
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Posting: 286406 | Available | 5/4/24
This fully licensed and accredited hospice agency has a pharmacy contract, durable medical equipment contract, software contract, medical director, registered nurses, LVN, spiritual group, and social worker. It has been operating for the last six months.
Asking Price
$350,000
Cash flow
N/A
Revenue
N/A
Down
$159,000
Posting: 279586 | Available | 5/17/24
Home Health Care Agency-Brand New-Never Operated-Fully Licensed By CDPHS-Accredited By ACHC-Medicare Provider In Place-Ready To Bill -Licensed To Do Business In 5 different counties (LA-Orange-Ventura-Sun Bernardino-Riverside)-Relocatable.
Asking Price
$159,000
Cash flow
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Revenue
$975,000
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Posting: 285818 | Available | 5/14/24
For sale is a successful med spa. Services offered include laser hair removal, PRP, lip jaw and chin injectables, neurotoxins (Botox, Newtox), threading, skin products. It has been successfully in business for the past three years. They have 1,500 active clients.
Asking Price
$599,000
Cash flow
$240,000
Revenue
$650,000
Down
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Posting: 278614 | Available | 7/18/23
For sale is a residential care facility for the elderly with real estate included! It is nestled in a very desirable area adjacent to West Hollywood and Beverly Hills, surrounded by beautiful homes in the well-established upscale neighborhood of Beverly Center area.
Asking Price
$545,000
Cash flow
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Revenue
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Down
$190,000
Posting: 286365 | Available | 5/1/24
The Home Health Care Agency has been in operation for 4.5 years, with current accreditation from the California Department of Public Health and ACHC. The agency holds Medicare and Medi-Cal provider numbers, demonstrating its compliance with healthcare standards.
Asking Price
$190,000
Cash flow
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Revenue
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Down
$50,000
Posting: 285040 | In Contract | 3/14/24
We have an amazing opportunity to acquire a low cost ($50,000) fully licensed home health agency located in Burbank (Los Angeles County). The seller is in the healthcare industry, and she had initially intended to operate this agency but is now selling it.
Asking Price
$50,000
Cash flow
$82,471
Revenue
$604,390
Down
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Posting: 285337 | Available | 3/27/24
This is a unique opportunity to acquire a sophisticated Med Spa in the San Gabriel Valley! The spa provides injectables, fillers, IV therapy, thread lifts, waxing, facials, microneedling, and more! Many of the customers are on a membership basis supplying the business w/ consistent monthly revenue.
Asking Price
$260,000
Cash flow
N/A
Revenue
N/A
Down
$139,000
Posting: 285773 | Available | 5/14/24
This hospice (first license only) is located in Long Beach, CA, away from the saturated valley. It is ready to call for the final survey, read for the 'ready letter'. It has an amazing office space with three private rooms and incredibly low rent! It has a secure office building complex.
Asking Price
$139,000
Cash flow
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Revenue
$300,000
Down
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Posting: 286056 | Available | 4/9/24
For sale is an outpatient surgical center near Koreatown In Los Angeles, California fully accredited by the Joint Commission. There is no Medicare. Rent is only $6,490 per month. One operating room is fully equipped and there is one recovery room for 2 patients to recover at the same time.
Asking Price
$94,900
Cash flow
$535,000
Revenue
$2,300,000
Down
$1,400,000
Posting: 285779 | In Contract | 3/21/24
We have an excellent opportunity to acquire an existing legacy Joint Commission accredited and operating home health agency located in Los Angeles County. This agency is a perfect fit for anyone looking to scale their current operation or those looking at entering the home health market.
Asking Price
$1,400,000
Cash flow
$13,325
Revenue
$193,203
Down
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Posting: 277043 | Available | 10/24/22
This Pasadena Area dental practice is available for sale with the current selling doctor of dental surgery (DDS) willing to remain aboard to continue to see clients and work for a new owner-operator. The premise boasts a prominent high-visibility corner location in a neighborhood setting.
Asking Price
$270,000
Cash flow
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Revenue
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Down
$180,000
Posting: 285054 | Available | 3/14/24
Are you ready to take the reigns of a ready to bill skilled home health agency in Pasadena, California (Los Angeles County)? Look no further! Situated in the heart of Pasadena, this well-established home health business enjoys proximity to renowned healthcare facilities and a vibrant community.
Asking Price
$180,000
Cash flow
$27,568
Revenue
$157,650
Down
$255,250
Posting: 281165 | Available | 12/23/23
This is an excellent opportunity to obtain a working Home Health Care Agency in the Glendale/Burbank area of San Fernando Valley of Los Angeles County. DHS License and ACHC accredited Medicare Provider License and CDPH license. According to the seller, the Agency was established 3 years ago.
Asking Price
$255,250
Cash flow
$2,853
Revenue
$127,532
Down
$110,000
Posting: 283433 | Available | 5/18/24
This wellness store is derived from the owner's dedication and passion for supplements and CBD. He has a well-researched, deep understanding of the health benefits of natural remedies which has led to products that help support and maintain the body's overall health. With a variety of products.
Asking Price
$110,000
Cash flow
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Revenue
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Posting: 278508 | Available | 3/1/24
For sale is a retail pharmacy that is suitable and ideal for relocation and change of ownership (CHOW), and has all major insurances including Medi-Cal and Medi-Care. CHOW can be 45 to 90 days pending temporary license approval from the Board of Pharmacy, making it a quick acquisition.
Asking Price
$250,000
Cash flow
$79,856
Revenue
$208,965
Down
$350,000
Posting: 284939 | Available | 1/31/24
Welcome to the vibrant South Orange County, specifically the Mission Viejo/Rancho Santa Margarita/Foothill Ranch/Irvine area, where new home developments and commercial plazas are flourishing. Nestled within this high-end locale, a distinguished retail/compounding pharmacy since 2005.
Asking Price
$350,000
Cash flow
$50,000
Revenue
$305,332
Down
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Posting: 282218 | Available | 3/26/24
Long-established music school in Orange County operated by a part-time owner. The business has two major revenue streams which are instrument rentals and music lessons. Lessons are taught by subcontractors who have been with the company for a long time.
Asking Price
$200,000
Cash flow
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Revenue
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Posting: 243523 | Available | 12/4/23
For sale is a full-service flex car wash with smog & lube for sale. It's located in an upscale neighborhood on a very busy street very close to the freeway. It is approximately a 1 acre lot with 110 ft tunnel and wash equipment. It includes rental income from auto tint shop.
Asking Price
$2,595,000
Cash flow
$350,000
Revenue
$1,179,000
Down
All Cash
Posting: 284150 | Available | 12/4/23
Sales service repairs of communications with accounts of casinos, resorts, school districts, Also has its own repeater tower servicing OC, LA & inland empire. They are an authorized dealer for the major brands & sell & service their own proprietary brand, at a much higher margin. Training included.
Asking Price
$1,590,000
Cash flow
$146,420
Revenue
$398,171
Down
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Posting: 285626 | Available | 3/12/24
For sale is a seventeen-year-old business with a long consistent history of profitability. It has an excellent reputation in the community with 5-star Yelp and Google ratings. This is a great opportunity for growth if the new owner does more marketing.
Asking Price
$359,000
Cash flow
$128,000
Revenue
$560,000
Down
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Posting: 282825 | Available | 2/14/24
For sale is a premium retail dog boutique (SBA-pre-approved) with an upscale feel and high-end products. It has full grooming services plus self-wash and other unique services. This is the perfect opportunity for those with an entrepreneurial spirit and a love for pets.
Asking Price
$298,000
Cash flow
$180,000
Revenue
$810,000
Down
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Posting: 286355 | Available | 5/1/24
This liquor store is situated in a very safe area in Orange County, making it an excellent location. It boasts ample parking space and shows great potential.
Asking Price
$650,000
Cash flow
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Revenue
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Posting: 275650 | Available | 12/26/23
For sale is an established express wash, very well known to the neighborhood on a 40,000+ sqft lot. It has a long 130 ft. tunnel with 16 extra wide vacuum bays. There are two pay stations. It has very high sales. Owner has another express wash for sale in Riverside that can be purchased together.
Asking Price
$10,995,000
Cash flow
Call/Email
Revenue
$1,200,000
Down
$750,000
Posting: 286016 | Available | 5/8/24
The liquor store and property with the rental income next to the liquor store. It is all employee-run. There are limited liquor stores in the area. It has good margins, and no competition around if adding EBT can increase monthly sales.
Asking Price
$2,750,000
Cash flow
$135,000
Revenue
$200,000
Down
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Posting: 285880 | Available | 4/27/24
Absentee-run, Nets 8-bay, self-service carwash with land. Nets $135K Seller + GOOD BOOKS. Motivated Seller, just make an offer! All upgraded equipment and building. It is more than half-acre prime property to an adjacent shopping center. Bonus high net income to owner-operator.
Asking Price
$1,999,000
Cash flow
$34,499
Revenue
$220,599
Down
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Posting: 286095 | Available | 4/11/24
For sale is an award winning e-commerce brand with over 1,000 real 5-star reviews on Amazon. Their established account has a proven sales track record. They also have a fully functional website, an active presence on social media platforms, comprehensive marketing materials, etc.
Asking Price
$89,000
Cash flow
$176,729
Revenue
$534,550
Down
$225,000
Posting: 255665 | Available | 11/4/23
For sale is a 15-year-old window tinting company. Their sales are 30% commercial and residential buildings, 60% automobile, and 10% walk-in customers. For over 10 years they've had loyal car dealers' accounts. 7-10 car dealers are from Toyota, Audi, Porsche, Honda, Bentley, Cadillac, and more.
Asking Price
$449,000
Cash flow
$374,855
Revenue
$1,330,445
Down
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Posting: 284213 | Available | 12/8/23
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,000,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 285053 | Available | 2/7/24
This a type 21 ABC license for sale in Orange County. Asking price is $25,000 plus fees.
Asking Price
$25,000
Cash flow
Call / Email
Revenue
$360,000
Down
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Posting: 255930 | Available | 10/12/22
For sale is a mail service franchise for sale in Irvine, Orange County. It is a branded postal store with well-established repeat, referral or walk-in customers. It is located near the freeway at a major busy shopping center in an upper-middle-class neighborhood.
Asking Price
$300,000
Cash flow
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Posting: 285483 | Available | 3/4/24
A strategically located retail uniform store surrounded by a major hospital and medical buildings is for sale. It is in a high-traffic location with 20,000 DTC an ideal mix of business and residential. This is a great opportunity for hands-on operators or family-oriented owners. It is absentee-run.
Asking Price
100,000+ Inv
Cash flow
$620,547
Revenue
$2,478,731
Down
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Posting: 284404 | Available | 2/10/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,900,000
Cash flow
Call/Email
Revenue
$1,100,000
Down
$1,050,000
Posting: 282764 | Available | 2/8/24
This is a full-service hand car washing and detailing business at a major street location with big property and a long-term lease. There is lots of potential for an experienced operator. The owners want to retire. The location will not be provided over the phone or email.
Asking Price
$2,100,000
Cash flow
$10,000
Revenue
$80,000
Down
$185,000
Posting: 283993 | Available | 2/16/24
For sale is a relocatable retail pharmacy in Anaheim, Orange County. The major remodeling in the building forces the sale and relocation. Most of major insurances are accepted. PSAO is AllignedRX. They have a clean license with no Board violations. It can be relocated within 50 miles from OC.
Asking Price
$185,000
Cash flow
$116,000
Revenue
$244,740
Down
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Posting: 286108 | Available | 4/12/24
Incredible opportunity awaits to own a successful watersports rental business nestled in one of South OC's most prestigious beach communities.
Asking Price
$295,000
Cash flow
Call/Email
Revenue
$1,056,000
Down
$498,000
Posting: 282398 | Available | 8/24/23
This is an upscale liquor store with a wine bar and tasting area in Orange County for sale. They have a full kitchen with a hot grill. It is absentee-run. They have a long-term lease for 6 plus 10 years and clean financial records. They serve excellent private wine parties starting at $2,000.
Asking Price
$498,000
Cash flow
$102,000
Revenue
$300,000
Down
$178,000
Posting: 283858 | Available | 5/1/24
For sale is a discount store. It is 5,000 sq. ft with low rent of $3,000/m. It is absentee-run with the help of 2 full time employees, and wages are $5,000/m. The monthly average gross sales is $25,000. The lease terms is 9 years including option. Extra income is $3,500/m.
Asking Price
$178,000
Cash flow
$147,534
Revenue
$737,672
Down
$600,000
Posting: 279603 | Available | 7/6/23
Pacific Chrome Plating Services is located in Santa Ana, CA. We chrome plate and polish for auto and plumbing industries. We also chrome plate, and polish wheels for Harley Davidson motorcycles. We also sell Harley Davidson chrome-plated wheels on eBay.
Asking Price
$1,000,000
Cash flow
$500,000
Revenue
$3,100,000
Down
$2,000,000
Posting: 284182 | Available | 1/26/24
This auto collision repair body shop (including real property/estate) has been established for 40 years and the current owner has been there for 7 years at the location. It is a free-standing building. The lot size is 49,764 sq ft, and the building size is 7,320 sq ft. Pro-auto body shop-approved.
Asking Price
$5,500,000
Cash flow
$270,000
Revenue
$460,000
Down
Call/Email
Posting: 282359 | Available | 4/24/24
Steeped in history since 1994, this prominent South Orange County establishment stands as a beacon of excellence in the domain of cylinder head remanufacturing. With over two decades in the field, they've mastered the art of restoring cylinder heads to their original specifications.
Asking Price
$300,000
Cash flow
$168,000
Revenue
$600,000
Down
$178,000
Posting: 285284 | Available | 3/26/24
This well-established auto repair shop, located in the heart of Orange County, offers a remarkable opportunity for prospective buyers. Featuring 3 spacious bays and 2 advanced hoists, this facility is well-equipped to service both domestic and imported vehicles with high efficiency and expertise.
Asking Price
$178,000
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
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
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
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
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
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Californians who buy smoke shops can enjoy profitability if the businesses are chosen carefully. Despite the anti-smoking movement, enterprises that sell cigarettes, cigars and smoking paraphernalia serve a market that remains substantial. But it's important to understand your purchase options.
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People think of recycling and think of a facility that recycles trash. While this is true a large facility is expensive to open and operate. With that said, in this post, I will focus on 3 small business opportunities in the recycling industry that are more manageable for the average entrepreneur.
Any deal when selling a business tends to have a life of its own. Joe Ranieri discusses a restaurant deal in Orange County that has had many twists and turns. This article shows what types of issues can and do come up when selling a business or in this case a restaurant.
Californians who want to buy a mailbox and packaging store serving individuals as well as the growing market of small businesses can benefit from several profit centers as these enterprises offer a variety of services. It's a good idea to know some facts about the business before making an offer.
In an advanced, technologically savvy era, virtually anything can be done, purchased or explored via cyberspace. As the market continues to expand and flourish, eCommerce owners can continue to reap in the selling of their online businesses. Peter Siegel, MBA (BizBen Director) explores this topic.
When buying an eCommerce business several factors come into play: market position, competition, growth areas, recurring customer base factors and ratios, etc. On this BizBen blog post Peter Siegel, MBA (BizBen Director, Financing Expert) addresses some of these eCommerce factors for business buyers.
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.
Buying a liquor store? First, ask yourself these three critical questions to find out if owning a liquor store is right for you. Questions like hands on vs absentee ownership, inventory turnover, licensing issues. Peter Siegel, MBA (BizBen ProBuy & ProSell Program Lead Advisor) explores this topic.
When on your search to buy liquor store businesses, consider additional ways that you may use the location to generate additional revenue streams. Peter Siegel, MBA with BizBen.com discusses buying California liquor stores.
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.
Butcher shops, once a vestige, are increasingly becoming popular again in many metropolitan and suburban cities. In this Discussion Post on BizBen, Joe Ranieri (Orange County & LA County Business Broker) discusses various issues of buying a butcher shop and what that entails for business buyers.
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.
Can a seller of a small business back out of an ongoing escrow? Probably, yes, it all depends how far along the escrow is, which will dictate how messy things will get for both owner & buyer. Joe Ranieri (Southern California Business Broker) gives his feedback with others on this BizBen Discussion.
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.
Changing hands of business ownership can seem both exciting and daunting to all parties involved, but it's important that a smooth transition occurs to maintain or achieve success of the business. Here are some tips I recommend ensuring things go smoothly when buying a California small business.
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.
Should small business owners/sellers or brokers/agents give potential buyers direct access to past company tax returns and financials (profit & loss statements) either before or pre the due diligence process? Multiple ProIntermediaries and ProAdvisors discuss this topic on this BizBen Discussion.
Every business broker knows that a listing taken is not a listing sold, in fact the ratio of listed vs. sold could be discouraging if you really thought about it. Joe Ranieri (Orange County Business Broker) discusses what you should do if you finally have to close the doors and call it quits.
50% of all California small business for sale transactions fail to complete. Why do businesses for sale fall out of escrow? Joel Miller (a senior care business specialist) discusses his 5 top reason why businesses fall out escrow along with other brokers, advisors on this BizBen Discussion.
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.
What are some ways a broker can prevent a buyer and seller from doing a deal behind their back and what to do about it if it happens? Joe Ranieri (Orange County Business Broker) discusses ways a business broker or agent can protect themselves from buyers and sellers trying to circumvent them.
A huge part of any exit strategy is properly planning for that moment in time when employees find out the business is for sale or, preferably, has been sold. Your workers have been kept in the dark for as long as possible. Some won't be a bit surprised. Others may be devastated.
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.
What qualities should you look for in a escrow and bulk sale service when buying/selling a business? I often get asked this question by other brokers and business sellers. See what I tell others and what other BizBen Advisors have to say on this topic in this Discussion.
What are the Pros & Cons of selling a business yourself? I get asked this question all the time and would like to share with other Intermediaries on BizBen all the angles of business owners taking the initiative and selling their own business.
Buying a business with a partner/partners, family members can make one think twice about ever doing it twice! However in this BizBen Discussion Post I chat with others about identifying roles, defining goals, attorney visits, and other relating issues.
