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
$856,324
Revenue
$4,312,122
Down
$290,000
Posting: 283337 | Available | 4/15/24
This pet supply and feed store has been a cherished staple in the community for 41 years. Founded with a vision to provide unmatched service and products, the business thrives on a well-structured model and a dedicated team. The business prides itself on customer service and wide product selection.
Asking Price
$2,900,000
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
$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
$150,700
Revenue
$306,500
Down
$165,000
Posting: 286027 | Available | 4/6/24
For sale is an excellent full-service business that was established 4 years ago by current sellers, and boasts a great reputation. The shop size is 1,000 SF, with ample parking spaces, rent is $3,000/ MO including NNN, annual gross sales are $306,500, and the net income is $150,700.
Asking Price
$165,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 278050 | Available | 4/3/24
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285954 | Available | 4/2/24
A unique opportunity to purchase a fully equipped, turn-key animal hospital. Located in the San Fernando Valley (Chatsworth, California). This is a court ordered sale due to the previous owner passing away.
Asking Price
$499,000
Cash flow
$72,000
Revenue
Call/Email
Down
Call/Email
Posting: 285944 | Available | 4/2/24
For sale is a nice pet grooming shop in the North LA county Castaic area. It has been 20 years in business by one owner but they are now sick. They do no advertising and have cheap rent. It has heavy traffic so this is a good opportunity. Annual profit is $72,000. It is an asset sale.
Asking Price
$60,000
Cash flow
$410,000
Revenue
$3,300,000
Down
Call/Email
Posting: 283129 | In Escrow | 3/15/24
This unique and modern pet emporium has been a beloved fixture in the Monterey Peninsula area for more than 30 years, serving as the leading destination for pet aficionados. This pet supply haven provides a vast array of top-notch unique pet products, accessories, and premium pet nutrition.
Asking Price
$1,125,000
Cash flow
$219,831
Revenue
$333,890
Down
Call/Email
Posting: 283627 | Available | 3/11/24
This professional dog training business is very well-established in the Los Angeles area! This business has 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
$37,972
Revenue
$263,624
Down
Call/Email
Posting: 285512 | Available | 3/5/24
This is a thriving pet store established since 1998 in the Heart of South Bay. Serving the community for over 24 years, this beloved pet store is a South Bay staple located in a prominent mall. With a vast selection of pet supplies, premium foods, small pets, reptiles, and specialized reptile food.
Asking Price
$85,000
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
$128,000
Revenue
$560,000
Down
Call/Email
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
$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
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285746 | Available | 5/3/24
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
Total Investment
$543,000
Min Liquid Cash
$200,000
Net Worth
$200,000
Posting: 284007 | Available | 5/1/24
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
$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
N/A
Revenue
$1,100,000
Down
Call/Email
Posting: 286196 | Available | 4/19/24
For sale is a 40+ year practice 5-10 minutes from downtown Santa Barbara, The practice is housed in a free-standing, 2,900 square foot facility with dedicated parking. Approximately $1.1M in annual revenues. Sale includes equipment, inventory, and current client list.
Asking Price
$995,000
Cash flow
$219,831
Revenue
$333,890
Down
Call/Email
Posting: 283627 | Available | 3/11/24
This professional dog training business is very well-established in the Los Angeles area! This business has 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
$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
$72,984
Revenue
$764,238
Down
$325,000
Posting: 286415 | Available | 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: 285954 | Available | 4/2/24
A unique opportunity to purchase a fully equipped, turn-key animal hospital. Located in the San Fernando Valley (Chatsworth, California). This is a court ordered sale due to the previous owner passing away.
Asking Price
$499,000
Cash flow
$36,000
Revenue
$101,000
Down
Call/Email
Posting: 286401 | Available | 5/3/24
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
$200,000
Cash flow
$128,000
Revenue
$560,000
Down
Call/Email
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
$33,541
Revenue
$87,564
Down
$35,000
Posting: 282978 | Available | 4/17/24
The pet sitting and dog walking business for sale in the greater Palm Springs area provides a wide range of services to cater to the needs of pet owners. From daily dog walks to overnight pet sitting, the business offers flexible and personalized care plans.
Asking Price
$35,000
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
$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
Call/Email
Revenue
$1,000,000
Down
Call/Email
Posting: 281509 | Available | 4/30/24
This is an absentee-run, high-volume pet store for sale in the Union City shopping center near Starbucks and other retailers. The store is averaging $1,000,000 plus a year in sales. 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
Call/Email
Down
Call/Email
Posting: 280990 | Available | 4/30/24
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
$37,972
Revenue
$263,624
Down
Call/Email
Posting: 285512 | Available | 3/5/24
This is a thriving pet store established since 1998 in the Heart of South Bay. Serving the community for over 24 years, this beloved pet store is a South Bay staple located in a prominent mall. With a vast selection of pet supplies, premium foods, small pets, reptiles, and specialized reptile food.
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
$72,000
Revenue
Call/Email
Down
Call/Email
Posting: 285944 | Available | 4/2/24
For sale is a nice pet grooming shop in the North LA county Castaic area. It has been 20 years in business by one owner but they are now sick. They do no advertising and have cheap rent. It has heavy traffic so this is a good opportunity. Annual profit is $72,000. It is an asset sale.
Asking Price
$60,000
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
$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
$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
$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
$126,303
Revenue
$1,749,051
Down
$500,000
Posting: 280756 | Available | 4/29/24
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
$72,000
Revenue
Call/Email
Down
Call/Email
Posting: 286414 | Available | 5/4/24
This pet grooming shop has been in business for 19 years under the ownership of one person. Due to the owner's illness, there has been no advertisement. Despite this, the shop has maintained long-time customers and benefits from a reasonable lease for rent.
Asking Price
$60,000
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
$150,700
Revenue
$306,500
Down
$165,000
Posting: 286027 | Available | 4/6/24
For sale is an excellent full-service business that was established 4 years ago by current sellers, and boasts a great reputation. The shop size is 1,000 SF, with ample parking spaces, rent is $3,000/ MO including NNN, annual gross sales are $306,500, and the net income is $150,700.
Asking Price
$165,000
Cash flow
$410,000
Revenue
$3,300,000
Down
Call/Email
Posting: 283129 | In Escrow | 3/15/24
This unique and modern pet emporium has been a beloved fixture in the Monterey Peninsula area for more than 30 years, serving as the leading destination for pet aficionados. This pet supply haven provides a vast array of top-notch unique pet products, accessories, and premium pet nutrition.
Asking Price
$1,125,000
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
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
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
For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
ServingNationwide - All Areas
I am the Founder Of BizBen.com. I consult daily with intermediaries, business buyers, owner/sellers & advisors daily about buying and selling California small to mid-sized businesses. Contact me today about joining & utilizing BizBen, consultations, & advisory services.
ServingNationwide - All Areas
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
I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a business evaluation & SWOT analysis for your business anywhere in the USA.
ServingNationwide
When seeking large SBA business acquisition financing loans, it helps to review seller's add backs (cash flow analysis) as a source of funding to service the debt. Peter Siegel, MBA - SBALoanAdvisors.com Founder covers this specific topic for business buyers, owner/sellers, agents, business brokers.
What is your goal in 5 years? Do you want to become a business owner? Buying a business can be an exciting, safe opportunity to gain financial freedom. But how to buy the right business? This article will walk you through the process of buying a business.
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.
Most everyone who's decided to buy a small business in California knows the importance of due diligence. That involves close examination of a business prior to removing contingencies. But not everyone knows how to uncover problems that are not obvious. Here are five of the most common hidden issues.
This webinar is designed for business buyers, owner/sellers, business brokers, agents, and advisors who can benefit on the latest information and strategies on procuring large SBA loans to buy or sale a "large" small business - typically priced between $500K to $10M. Peter Siegel, MBA is the host.
After investing years of time and talent into a company, many small business owners want to feel like they are leaving their business in good hands and for that reason, some sellers opt to sell their business to an employee. Let's talk about the pros and cons to taking this route.
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.
You've found your dream business. You've called/emailed/texted the broker or owner; you've tried to reach out again via phone/email/text. However you're not getting a response and it's getting frustrating. How to get brokers/owners to return your calls/emails/texts - what key strategies to utilize.
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.
There are companies who specialize in purchasing Business Notes (of course at a discount). You can sell all or part of your note. Peter Siegel, MBA BizBen Founder and ProBuy & ProSell Lead discusses this entire process in his latest article on selling your business note after you sell your business.
A question sellers ask: how do I sell my business without getting sued, isn't a subject just for discussions with lawyers. A seller can take some precautions to reduce potential legal problems. Peter Siegel, MBA Founder Of BizBen and BizBen.com's ProBuy and ProSell Programs discusses this topic.
A business buyer in our ProBuy Program searching to buy a business asked me to sum up what I though the biggest mistakes business buyers make when they search for and bought a small business. I asked ProIntermediaries on BizBen their thoughts on the matter and received a diverse response.
The latest BizBen.com survey of Business Brokers and Agents outlined what it takes to be a top ten percent performer in the business brokerage industry. From good communication to utilizing your resources, these traits are something to take note of and put into practice to be successful.
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!
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.
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 idea to have a buying a business checklist follows the adage that it's always useful to start with a plan when searching to buy a small business for sale. Peter Siegel, MBA Founder of BizBen.com and top advisor of the BizBen ProBuy Program suggests six items for all business buyers to utilize.
The key to finding the ideal business broker or agent and selling a small business is asking the right questions and getting the right answers back! Peter Siegel, MBA with BizBen & several top business brokers and agents in California (ProIntermediaries) contribute to this topic to assist sellers.
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.
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.
Peter Siegel, MBA - Lead Advisor with the BizBen.com ProSell Program discusses critical steps to prepare a small to mid-sized business including: which documents will be needed, key advisors to have involved, pricing the business, and how to attract the right business buyers to your listing.
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.
There are many myths associated with the process of selling a small business and some of them can actually cause deals to fall through. Don't let your sale be compromised, be aware of these common misconceptions related to the process of selling. Peter Siegel, MBA with BizBen explores this topic.
Peter Siegel, MBA - BizBen Founder & Director of the ProBuy/ProSell Programs explores why earnest money deposits when opening escrow (and bulk sale) serve several important purposes when buying or selling a small business in California. For Buyers not offering a realistic deposit may be a problem.
Successful sellers of small businesses need a game plan to sell their California small business for maximum price and for the best terms. Peter Siegel, MBA discusses these seller strategies with BizBen Blog readers based on his experience as the lead Advisor with the ProSell Program on BizBen.com.
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.
