Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 280990 | Available | 5/23/24
For sale is an absentee-run and locally owned independent pet store for sale in upscale Downtown Los Altos. The owner focuses on healthy, holistic foods, small companies, and locally made products and carries products you can't find anywhere else
Asking Price
$75,000
Cash flow
$388,000
Revenue
$8,221,000
Down
Call/Email
Posting: 274848 | Available | 5/14/24
The Company is a long-established provider of livestock feed, horse tack, and pet, and farm supplies. Located in California, the Company's strong management and staff are knowledgeable and experienced in animal care and in urban sustainable farming.
Asking Price
Call/Email
Cash flow
$219,831
Revenue
$333,890
Down
Call/Email
Posting: 283627 | Available | 5/10/24
This professional dog training business is very well-established in the Los Angeles area! This business boasts solid year-over-year revenue and corresponding earnings. Dog training is a very popular business type and there is strong demand for services. Gross $333,890 Cash Flow $219,831
Asking Price
$549,000
Cash flow
N/A
Revenue
$480,000
Down
$79,000
Posting: 286509 | Available | 5/9/24
Since its establishment in 2010, the business has been under the current owner's stewardship for one and a half years. Situated in a large shopping center, it benefits from being anchored by numerous franchise retailers, attracting significant vehicular and foot traffic.
Asking Price
$79,000
Cash flow
$72,984
Revenue
$764,238
Down
$325,000
Posting: 286415 | In Escrow | 5/4/24
Are you seeking a feel-good business that is profitable? Look no further! This doggie boutique offers specialty foods, freshly baked treats, toys, accessories, and grooming services to fulfill all your pet's needs. With a deep commitment to animal welfare, the owners are actively involved.
Asking Price
$325,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 263633 | Available | 4/28/24
Trufeet LLC is a US manufacturer of revolutionary, patented cat grooming glove KittyTongue (US patent 9,622,457). Product competitive advantage: patented grooming surface bio-mimics cat's tongue and provides natural and gentle grooming to cats. Relocatable, home-based. For sale by owner. Training.
Asking Price
$399,000
Cash flow
$232,700
Revenue
$1,020,000
Down
Call/Email
Posting: 285533 | Available | 4/26/24
For sale is a well-established fish store with high cash flow and stable income. The current owner has operated the store for 34 years and is ready to retire. It is located in a shopping center with lots of parking and very close to the beach. They are specializing in marine fish and corals.
Asking Price
$599,000
Cash flow
$82,636
Revenue
$103,449
Down
Call/Email
Posting: 285123 | Available | 4/16/24
This highly rated and very profitable cat and doggie grooming business has an excellent reputation and a fast-growing customer base. Opened in 2023, it has established a presence for itself within the shopping center and the community. It has 4.9+ stars on Yelp.
Asking Price
$168,000
Cash flow
$102,665
Revenue
$803,250
Down
$25,900
Posting: 284351 | Available | 4/16/24
Love pets? Like wine country? This is an immediate acquisition opportunity for a local, independently owned pet store and grooming business in the beautiful California Central Coast. The retail pet industry is thriving, especially in San Luis Obispo County.
Asking Price
$255,900
Cash flow
$65,000
Revenue
$150,000
Down
$250,000
Posting: 279403 | Available | 4/11/24
This California-based dog bakery and boutique is a California Sole Proprietor and has been in business for 15 years and under the same current ownership since inception. Nestled in a prominent area downtown, this baker provides many baked goods that are vegan and also contain no wheat, corn, etc.
Asking Price
$250,000
Cash flow
$85,000
Revenue
$125,000
Down
$140,000
Posting: 279556 | Available | 4/11/24
This Northern California pet salon is a sole proprietor and was started 17 years ago and has been under current ownership since inception. They offer a full set of grooming services for dogs. Services include full-groom (bath/cut/brush/nails/anal glands/ear cleaning & plucking).
Asking Price
$140,000
Cash flow
$110,000
Revenue
$462,389
Down
$225,000
Posting: 282796 | Available | 4/11/24
This recession-resistant Florida-based dog training franchise is a Florida Limited Liability Company and has been in operation for the past 8 years and under the current ownership for the past 6 years. This franchise is the nation's top franchise when it comes to dog training.
Asking Price
$225,000
Cash flow
$23,853
Revenue
$95,325
Down
Call/Email
Posting: 286091 | Available | 4/10/24
For sale is a reputable online small batch dog treat company with proprietary recipes, trademarks, and branding. This company stands out with its innovative approach to crafting dog treats. Utilizing specialty recipes, they have mastered the art of up-cycling malted barley.
Asking Price
$75,000
Cash flow
Call/Email
Revenue
$600,000
Down
Call/Email
Posting: 286041 | Available | 4/8/24
This online sales business is a one-stop shop, offering a wide range of products in the categories of tools, hardware, toys, and pet supplies. Whether you're a professional tradesperson, a DIY enthusiast, or a pet owner, this business has got you covered.
Asking Price
$1,500,000
Cash flow
$70,000
Revenue
$350,000
Down
Call/Email
Posting: 271649 | Available | 3/1/24
For sale is a full-service neighborhood pet grooming business that has been established for 5 years. It has a great reputation with excellent online reviews. This business has a steady flow of loyal, local customers who bring in their pets on a repeat basis. There is a boutique and online store.
Asking Price
$210,000
Cash flow
$424,656
Revenue
$902,964
Down
Call/Email
Posting: 285253 | Available | 2/19/24
For sale is a veterinary clinic which was established over 30 years ago. net income ($424,656).
Asking Price
$849,000
Cash flow
$80,156
Revenue
$172,007
Down
$119,000
Posting: 284828 | Available | 1/24/24
An incredible chance to become the owner of a pet grooming business in a busy center in LA city. Distinguishing itself from the rest, this one-of-a-kind venture faces no direct competition and is housed in a standalone shop. Bolstered by a remarkable online presence, they have outstanding reviews.
Asking Price
$119,000
Cash flow
Call/Email
Revenue
$487,000
Down
Call/Email
Posting: 284735 | Available | 1/18/24
Wild Birds Unlimited is the leading brand for backyard bird feeding supplies. This strong franchise system supports its franchisees in every meaningful way. This profitable location has exclusive rights to one of the most affluent territories in the country. Sales and cashflow are up in 2023 over pr
Asking Price
$95,000
Cash flow
$84,160
Revenue
$401,740
Down
Call/Email
Posting: 282852 | Available | 1/5/24
Founded in 2013, this company is a trailblazing dog grooming business that identified a gap in the market - the absence of self-service dog wash facilities in the Coachella Valley. Their innovative approach combines self-service dog washing with on-site grooming.
Asking Price
$297,555
Cash flow
$141,109
Revenue
$506,518
Down
Call/Email
Posting: 284196 | Available | 12/7/23
This upscale, profitable dog grooming business takes grooming to the highest level. The services it offers are uniquely pampering and designed for its exclusive customer base. The business is in a highly desirable location with lots of traffic and no direct competition.
Asking Price
$175,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 280833 | Available | 12/7/23
Are you looking to own a thriving pet grooming business in the heart of Hayward, CA? Look no further! Our well-established and reputable pet grooming shop is now available for sale. Don't miss your chance to be a part of the pet-loving community in Hayward and make a profitable venture..
Asking Price
$88,000
Cash flow
$530,000
Revenue
$1,500,000
Down
Call/Email
Posting: 283447 | Available | 10/19/23
Established Veterinary Hospital and Clinic with a Large Modern Facility serving Los Angeles County. Real Estate valued at $3M is available for purchase
Asking Price
$2,495,000
Total Investment
$543,000
Min Liquid Cash
$200,000
Net Worth
$200,000
Posting: 284007 | Available | 6/12/24
Take a BITE out of the pet care industry with five key revenue drivers in one modern facility! Founded in 2009 by a visionary who had spent years in research and planning for an all-inclusive dog care facility, The Dog Stop, has now developed throughout 21 states.
Franchise Fee
$49,500
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285746 | Available | 6/14/24
A dog grooming shop, established in 1968 with the same owner, is located in an upscale neighborhood with a lot of foot traffic and Mountain View. This fully remodeled salon offers full-service grooming for dogs and cats. The shop spans 1,250 sq ft.
Asking Price
$125,000
Cash flow
$80,156
Revenue
$172,007
Down
$119,000
Posting: 284828 | Available | 1/24/24
An incredible chance to become the owner of a pet grooming business in a busy center in LA city. Distinguishing itself from the rest, this one-of-a-kind venture faces no direct competition and is housed in a standalone shop. Bolstered by a remarkable online presence, they have outstanding reviews.
Asking Price
$119,000
Cash flow
Call/Email
Revenue
$487,000
Down
Call/Email
Posting: 284735 | Available | 1/18/24
Wild Birds Unlimited is the leading brand for backyard bird feeding supplies. This strong franchise system supports its franchisees in every meaningful way. This profitable location has exclusive rights to one of the most affluent territories in the country. Sales and cashflow are up in 2023 over pr
Asking Price
$95,000
Cash flow
N/A
Revenue
$480,000
Down
$79,000
Posting: 286509 | Available | 5/9/24
Since its establishment in 2010, the business has been under the current owner's stewardship for one and a half years. Situated in a large shopping center, it benefits from being anchored by numerous franchise retailers, attracting significant vehicular and foot traffic.
Asking Price
$79,000
Cash flow
$85,000
Revenue
$125,000
Down
$140,000
Posting: 279556 | Available | 4/11/24
This Northern California pet salon is a sole proprietor and was started 17 years ago and has been under current ownership since inception. They offer a full set of grooming services for dogs. Services include full-groom (bath/cut/brush/nails/anal glands/ear cleaning & plucking).
Asking Price
$140,000
Cash flow
$70,000
Revenue
$350,000
Down
Call/Email
Posting: 271649 | Available | 3/1/24
For sale is a full-service neighborhood pet grooming business that has been established for 5 years. It has a great reputation with excellent online reviews. This business has a steady flow of loyal, local customers who bring in their pets on a repeat basis. There is a boutique and online store.
Asking Price
$210,000
Cash flow
$102,665
Revenue
$803,250
Down
$25,900
Posting: 284351 | Available | 4/16/24
Love pets? Like wine country? This is an immediate acquisition opportunity for a local, independently owned pet store and grooming business in the beautiful California Central Coast. The retail pet industry is thriving, especially in San Luis Obispo County.
Asking Price
$255,900
Cash flow
$126,303
Revenue
$1,749,051
Down
$500,000
Posting: 280756 | Available | 5/28/24
Price Reduced. This is a locally owned pet food and farm supply store with a knowledgeable staff with deep roots in the local farm and pet community. Wide variety of pet food including wet, dry, and fresh products for dogs + cats and also feed and bedding for chickens, goats, horses, etc.
Asking Price
$500,000
Cash flow
$65,000
Revenue
$150,000
Down
$250,000
Posting: 279403 | Available | 4/11/24
This California-based dog bakery and boutique is a California Sole Proprietor and has been in business for 15 years and under the same current ownership since inception. Nestled in a prominent area downtown, this baker provides many baked goods that are vegan and also contain no wheat, corn, etc.
Asking Price
$250,000
Cash flow
$117,000
Revenue
$1,700,000
Down
$295,000
Posting: 286949 | Available | 6/4/24
This pet groomers supply business is available in Southern California with customers across the country. Supplying wholesale products to Professional Pet Groomers including pet shampoo's, supplies & equipment. It is carrying top of the line brands and is semi absentee run.
Asking Price
$295,000
Cash flow
$84,160
Revenue
$401,740
Down
Call/Email
Posting: 282852 | Available | 1/5/24
Founded in 2013, this company is a trailblazing dog grooming business that identified a gap in the market - the absence of self-service dog wash facilities in the Coachella Valley. Their innovative approach combines self-service dog washing with on-site grooming.
Asking Price
$297,555
Cash flow
$219,831
Revenue
$333,890
Down
Call/Email
Posting: 283627 | Available | 5/10/24
This professional dog training business is very well-established in the Los Angeles area! This business boasts solid year-over-year revenue and corresponding earnings. Dog training is a very popular business type and there is strong demand for services. Gross $333,890 Cash Flow $219,831
Asking Price
$549,000
Cash flow
$82,636
Revenue
$103,449
Down
Call/Email
Posting: 285123 | Available | 4/16/24
This highly rated and very profitable cat and doggie grooming business has an excellent reputation and a fast-growing customer base. Opened in 2023, it has established a presence for itself within the shopping center and the community. It has 4.9+ stars on Yelp.
Asking Price
$168,000
Cash flow
$110,000
Revenue
$462,389
Down
$225,000
Posting: 282796 | Available | 4/11/24
This recession-resistant Florida-based dog training franchise is a Florida Limited Liability Company and has been in operation for the past 8 years and under the current ownership for the past 6 years. This franchise is the nation's top franchise when it comes to dog training.
Asking Price
$225,000
Cash flow
$36,000
Revenue
$101,000
Down
Call/Email
Posting: 286401 | Available | 6/6/24
A beauty salon for dogs offers luxury care for your furry friend, featuring top-of-the-line products and luxury suites instead of cages, providing a calm environment. It offers a real spa experience for your pup, from a quick bath to a fancy spa session before a special event.
Asking Price
$85,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 280833 | Available | 12/7/23
Are you looking to own a thriving pet grooming business in the heart of Hayward, CA? Look no further! Our well-established and reputable pet grooming shop is now available for sale. Don't miss your chance to be a part of the pet-loving community in Hayward and make a profitable venture..
Asking Price
$88,000
Cash flow
Call/Email
Revenue
Call / Email
Down
Call/Email
Posting: 281509 | Available | 5/23/24
This is an absentee-run, high-volume pet store for sale in the Union City shopping center near Starbucks and other retailers. The lease amount is $10,000 + $2,750 CAM charge. Inventory is separate and is calculated at the close of escrow
Asking Price
$150,000
Cash flow
Call/Email
Revenue
$600,000
Down
Call/Email
Posting: 286041 | Available | 4/8/24
This online sales business is a one-stop shop, offering a wide range of products in the categories of tools, hardware, toys, and pet supplies. Whether you're a professional tradesperson, a DIY enthusiast, or a pet owner, this business has got you covered.
Asking Price
$1,500,000
Cash flow
$180,000
Revenue
$360,000
Down
$120,000
Posting: 287102 | Available | 6/13/24
For sale is a pet grooming shop in Los Angeles, CA, with 12 years of business under one owner. The shop experiences heavy traffic and generates annual sales of $360,000 with an annual profit of $180,000.
Asking Price
$250,000
Cash flow
$141,109
Revenue
$506,518
Down
Call/Email
Posting: 284196 | Available | 12/7/23
This upscale, profitable dog grooming business takes grooming to the highest level. The services it offers are uniquely pampering and designed for its exclusive customer base. The business is in a highly desirable location with lots of traffic and no direct competition.
Asking Price
$175,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 278050 | Available | 6/4/24
For sale is a well-established dog grooming business on one of the busiest boulevards in Los Angeles and has been open for over 20 years. It is a great location with a consistent clientele. It has one of the highest daily traffic counts in the area. All equipment and inventory are included.
Asking Price
$90,000
Cash flow
$388,000
Revenue
$8,221,000
Down
Call/Email
Posting: 274848 | Available | 5/14/24
The Company is a long-established provider of livestock feed, horse tack, and pet, and farm supplies. Located in California, the Company's strong management and staff are knowledgeable and experienced in animal care and in urban sustainable farming.
Asking Price
Call/Email
Cash flow
$139,409
Revenue
$555,361
Down
Call/Email
Posting: 286734 | Available | 5/23/24
In operation since 2010, this pet grooming business offers excellent customer service, seasoned staff who are also efficiently trained by the owner and very caring to all pets. They offer packages from bath and brush to full-service grooming packages including consultation and recommendations.
Asking Price
$325,000
Cash flow
$72,984
Revenue
$764,238
Down
$325,000
Posting: 286415 | In Escrow | 5/4/24
Are you seeking a feel-good business that is profitable? Look no further! This doggie boutique offers specialty foods, freshly baked treats, toys, accessories, and grooming services to fulfill all your pet's needs. With a deep commitment to animal welfare, the owners are actively involved.
Asking Price
$325,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 263633 | Available | 4/28/24
Trufeet LLC is a US manufacturer of revolutionary, patented cat grooming glove KittyTongue (US patent 9,622,457). Product competitive advantage: patented grooming surface bio-mimics cat's tongue and provides natural and gentle grooming to cats. Relocatable, home-based. For sale by owner. Training.
Asking Price
$399,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 280990 | Available | 5/23/24
For sale is an absentee-run and locally owned independent pet store for sale in upscale Downtown Los Altos. The owner focuses on healthy, holistic foods, small companies, and locally made products and carries products you can't find anywhere else
Asking Price
$75,000
Cash flow
$23,853
Revenue
$95,325
Down
Call/Email
Posting: 286091 | Available | 4/10/24
For sale is a reputable online small batch dog treat company with proprietary recipes, trademarks, and branding. This company stands out with its innovative approach to crafting dog treats. Utilizing specialty recipes, they have mastered the art of up-cycling malted barley.
Asking Price
$75,000
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
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
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
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.
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.
First impressions are critical when selling a business - ask any potential business buyer. Peter Siegel, Founder Of BizBen explains why all potential small business sellers need to make sure that first impression is a good one.
Often business buyers actions cause a deal to tank but they never know why. Peter Siegel with the BizBen ProBuy Program discusses what mistakes business buyers make in the search process to buy a business with some of the best business brokers and recent sellers on BizBen about this topic.
In my opinion and experience, an LOI may very well be appropriate for lower middle market transactions of $5,000,000 or more; but, for deals less than that an Asset Purchase Agreement ("APA") with contingencies on the actions of the buyer (and seller) is much more efficient and effective.
Some entrepreneurs believe it's better to start a business from scratch rather than buy an existing enterprise. While this may be good advice in some cases, usually it's not the best strategy. Here are five tips to help a buyer make the right decision from Peter Siegel, MBA On BizBen.
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.
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.
Should owners who offer a business for sale reveal to prospective buyers any income that is not recorded in the books? This is a controversial topic with arguments both for and against. Most business sales intermediaries believe if you don't pay tax on it, you can't claim it. Some sellers disagree.
Most business acquisition financing strategies involve borrowing money to meet the purchase price. But an entirely different approach, equity sharing, is sometimes pursued if borrowed money is not wanted, or is not available to complete the purchase. Peter Siegel, MBA - BizBen.com covers this topic.
Buying a small to mid-sized business can be a confusing and/or frustrating process for many buyers. Statistics show that over 80% of all buyers never end up buying a business. The ProBuy Program assists potential buyers with the process of finding, evaluating & buying a small to mid-sized business.
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.
With the multitude of factors that come into play when deciding the appropriate time to inform your employees that your business is for sale, I do not offer a standard or general answer. When sellers consult me as to my opinion on when it is the right time, I like to review the major issues that...
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.
The unfortunate truth is that approximately 50% of all small business sales transactions fall through. While failed transactions can happen for a variety of reasons, Peter Siegel, MBA (BizBen Founder & Lead Advisor) discusses the most common reason deals fall through; unrealistic asking prices.
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.
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!
Many times when buying a business there are reasons why buying stock or buying assets is the better business decision. We explore these options on the BizBen Blog Post of which option may be better depending on the circumstances of the buyer (and seller) involved in the transaction taking place.
Many business owners fail to maximize their business' value because they don't have a proper strategy in place to do so. Failure to maximize your businesses value will make it harder to attract the most qualified buyers. Have a plan that ensures your business is as attractive & valuable as possible.
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.
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.
Depending on the type of business being sold, a month-to-month situation can be severely detrimental to the value of the business. Peter Siegel, MBA Founder of BizBen (and Lead Facilitator at BizBen) explores the issue of month to month leases in this blog/article.
Throughout the recession, it was very difficult to get approved for business purchase financing. If you are considering incorporating some alternative funding sources in your next small business acquisition, here is what you need to know to protect yourself and your investment.
Using an earn out can benefit both buyer & seller of a business purchase. A recent question by a buyer in the BizBen ProBuy Program about the best way to structure a business earn out prompted me to ask a panel of BizBen Resources how they would deal with the buyers question on earn out structures.
In this month's Business Buyer survey for BizBen.com, we asked participants in our ProBuy Program and 250 other random business buyers what they look for and avoid when looking at a business for sale postings online. Of the 20 potential posting characteristics we asked about, 8 stood out.
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.
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.
