Cash flow
$605,000
Revenue
$3,066,000
Down
$250,000
Posting: 284832 | Available | 7/25/24
Founded over 37 years ago, this widely recognized commercial plumbing business has developed a reputation throughout the industry for consistency, reliability, and quality. The business has had a solid record of growth over the last 37 years.
Asking Price
$2,039,988
Cash flow
$230,000
Revenue
$1,700,000
Down
$749,000
Posting: 285227 | Available | 7/23/24
This business offers a full and wide range of services for vehicles, including repair, overhaul or replacement of numerous items including brakes, fuel injectors, engines, transmissions, water pumps, air conditioning, drivelines, axles, timing belts, and the list goes on.
Asking Price
$749,000
Cash flow
$600,000
Revenue
$4,600,000
Down
$4,600,000
Posting: 283364 | Available | 7/23/24
This Northern California full-service performance and maintenance facility services and repairs Audi, Volkswagen and Porsche vehicles. They also have another division that provides innovative Jeep and truck accessories. This company has been in operation for 17 years (since 2006).
Asking Price
$4,600,000
Cash flow
$506,654
Revenue
$7,369,067
Down
$2,250,000
Posting: 279031 | Available | 7/23/24
This Northern California remodeling, design, and flooring business is a California S Corporation and was founded in 1986 and under current ownership since 2013. They offer a wide selection of high-quality specialty-engineered hardwood, carpet, tile, and laminate.
Asking Price
$2,250,000
Cash flow
$633,475
Revenue
$2,004,536
Down
Call/Email
Posting: 286231 | Available | 7/23/24
This well drilling and pump service business is an excellent opportunity to own a profitable California agriculture based business currently serving the central region. The company currently has a 3 month backlog on permitted jobs and 2 month waitlist with two drilling rigs running 5 days a week.
Asking Price
$1,900,000
Cash flow
$159,650
Revenue
$504,893
Down
Call/Email
Posting: 287117 | Available | 7/23/24
Established in 2014, this home-based construction business specializes in property and building maintenance, including HVAC systems, plumbing, electrical work, and general repairs.
Asking Price
$298,000
Cash flow
Call/Email
Revenue
$580,765
Down
$375,000
Posting: 285964 | Available | 7/22/24
For sale is a one-stop shop for all vehicle repair needs. It is well-established and 40 years old. This auto mechanic shop is repair pal certified with napa auto care and accepts Carmax extended insurance. They have a repeat customer base with a great reputation.
Asking Price
$375,000
Cash flow
$185,507
Revenue
$882,163
Down
$395,000
Posting: 287022 | Available | 7/26/24
This auto repair shop is operated by husband & wife as a C Corporation since April 2001. The business is open Monday to Friday only from 7:30 to 5:00 PM. The company currently employees 2 techs, one of which is an owner
Asking Price
$395,000
Cash flow
$182,000
Revenue
$257,000
Down
Call/Email
Posting: 283882 | Available | 7/26/24
This highly profitable and well-established motorcycle performance and repair shop provides service for all import motorcycle brands. They offer maintenance and repair, as well as performance upgrades and restoration services. The shop has been a trusted destination servicing Orange County.
Asking Price
$377,000
Cash flow
$59,100
Revenue
$289,863
Down
Call/Email
Posting: 287738 | Available | 7/26/24
Excellent opportunity to own an established business that provides HVAC, electrical, plumbing, appliance, gas log, attic fan, EAC, humidifier, and other related services. The company was established in 1993 and serves residential and commercial clients across Northern Virginia.
Asking Price
$160,000
Cash flow
$198,099
Revenue
Call/Email
Down
Call/Email
Posting: 284945 | Available | 7/26/24
This busy, profitable decades-old service and repair shop has served generations of satisfied high-end foreign automobile owners for years. Located in the South Bay area of LA County and freeway close, it draws customers locally, and from as far away as Orange County.
Asking Price
$475,000
Cash flow
$90,000
Revenue
$802,000
Down
$125,000
Posting: 286796 | Available | 7/20/24
For sale is a great opportunity to own and operate a National Auto Service Franchise in the South Bay. Experienced manager and an excellent team in place. Extended training and support are offered by the franchisor. Annual sales estimated at $800K, Motivated Seller.
Asking Price
$125,000
Cash flow
$676,000
Revenue
$3,300,000
Down
Call/Email
Posting: 286667 | Available | 7/20/24
This family-owned and operated Company provides full-service plumbing, excavation, heating/cooling, and remodeling services. They've been serving homeowners in the Indianapolis metro and surrounding suburbs with a strong focus in Carmel, Greenfield, and Greenwood neighborhoods.
Asking Price
$2,700,000
Cash flow
$198,494
Revenue
$649,494
Down
$120,000
Posting: 287567 | Available | 7/16/24
This auto glass business has been providing high-quality auto glass services for over 21 years with services including windshield replacement, side, and back window repairs. They specialize in windshield calibration for vehicles equipped with advanced driver assistance systems (ADAS).
Asking Price
$800,000
Cash flow
$220,295
Revenue
$491,190
Down
$18,000
Posting: 287565 | In Contract | 7/16/24
The building is custom-built for an oil changer/repair shop. Located in the East Bay, the shop has 6-bays, (4-oil change pits and 2 repair bays) and is about 2,200 SF. The shop's primary business is oil changes, smog Tests, tune-ups, brake works, A/C, and preventive maintenance.
Asking Price
$118,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284169 | Available | 7/15/24
This is a great gas station with market and mechanic shop. It is located in Alameda County between I-580 and I-880. The owner claims an average of 40,000 gallons at a $1.40 margin that seller will proof that. The market does $20,000 at 35% margin. The mechanic shop is leased for monthly rent $5,000.
Asking Price
$3,300,000
Cash flow
$527,000
Revenue
$940,000
Down
Call/Email
Posting: 287470 | Available | 7/12/24
For sale is an estimated and highly profitable boot store. The business was opened in 1984 as a repair shop then added selling quality boots in 1996. Since then under the same ownership! Highly reputed business for buying and repairing quality boots!
Asking Price
$1,600,000
Cash flow
$389,005
Revenue
$1,493,253
Down
$1,100,000
Posting: 284733 | Available | 7/12/24
This establishment is a comprehensive auto repair shop catering to foreign and domestic cars. The owner serves as both the service writer and general manager. The lease includes a spacious fenced outdoor area. This business is located in a high-income area and caters to a discerning clientele.
Asking Price
$1,100,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 287517 | Available | 7/11/24
For sale is a Firestone automotive shop on the market. Long time established business in one of the busiest Blvd. of the city of Lancaster. Real estate consists of 5,040 sq ft total. Has 6 roll up doors for shop use plus a waiting area and office all placed in a little over a half-acre of land.
Asking Price
$1,500,000
Cash flow
$1,900,800
Revenue
$6,695,087
Down
Call/Email
Posting: 287512 | Available | 7/11/24
Highly profitable and established roofing company with a proven track record of consistent year- over-year growth. The business generated $6.7 million in revenue and $1.9 million in SDE in 2023, with projections for continued growth in 2024.
Asking Price
Call/Email
Cash flow
$226,000
Revenue
$964,000
Down
Call/Email
Posting: 287494 | Available | 7/10/24
For sale is a General Auto Repair business in North County San Diego. Operating since 1995, it has a long, consistent history of profitability and a great reputation in the community with 5-star ratings. The shop is 6,000 sq ft with 9 bays, including an alignment machine and a smog test station.
Asking Price
$629,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 285421 | Available | 7/6/24
For sale 8 bays mechanic shop with smog check and repairs. (Assets Sale) It is located in Escondido, CA. Rent is at $1.60/foot per month. The building size is about 4,700 SQ/FT. The lease is 1 year plus 2/5 years options (asset sale). It has 8 bays and the asking price is $79,000.
Asking Price
$79,000
Cash flow
$71,220
Revenue
$205,165
Down
$10,000
Posting: 283615 | Available | 7/3/24
This is extraordinary, turnkey chance awaits you with the availability of a flourishing cellphone and computer repair store strategically located in Riverside County. This business has established a solid reputation for delivering high-quality repair services. Currently catering to all major brands.
Asking Price
$59,000
Cash flow
$382,467
Revenue
$1,309,043
Down
Call/Email
Posting: 287397 | Available | 7/2/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each business, which is comprised of multiple routes, comes with (1) truck and (1) experienced driver already in place for each route.
Asking Price
$1,250,000
Cash flow
$168,000
Revenue
$600,000
Down
$169,000
Posting: 285284 | Available | 7/1/24
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
$169,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286059 | Available | 7/1/24
Services include plumbing for tenant improvement & new commercial construction projects, & re-piping, backflow testing & repair. Clients include commercial, office space, restaurants, manufacturing facilities, health & medical buildings, & many other across San Diego County.
Asking Price
$749,000
Cash flow
$384,821
Revenue
$1,352,651
Down
Call/Email
Posting: 287353 | Available | 6/28/24
The business provides specialty appliance and related products to homeowners and contractors. The company sells a range of manufacturer lines, and its revenues are generated from installing specialty appliances, retail store sales, and repairs and maintenance services.
Asking Price
$895,000
Cash flow
$300,000
Revenue
$1,000,000
Down
Call/Email
Posting: 285683 | Available | 6/28/24
This is a tire & auto repair business for sale. This business has been there for over 59 years. They have good Yelp reviews. Rent is $7,000 and the size of the store is 3,200 sq ft. There are total 7 bays (1 single +3 double). The owner is managing the store and care customers.
Asking Price
$729,999
Cash flow
$605,000
Revenue
$3,066,000
Down
$250,000
Posting: 284832 | Available | 7/25/24
Founded over 37 years ago, this widely recognized commercial plumbing business has developed a reputation throughout the industry for consistency, reliability, and quality. The business has had a solid record of growth over the last 37 years.
Asking Price
$2,039,988
Cash flow
$159,650
Revenue
$504,893
Down
Call/Email
Posting: 287117 | Available | 7/23/24
Established in 2014, this home-based construction business specializes in property and building maintenance, including HVAC systems, plumbing, electrical work, and general repairs.
Asking Price
$298,000
Cash flow
$600,000
Revenue
$4,600,000
Down
$4,600,000
Posting: 283364 | Available | 7/23/24
This Northern California full-service performance and maintenance facility services and repairs Audi, Volkswagen and Porsche vehicles. They also have another division that provides innovative Jeep and truck accessories. This company has been in operation for 17 years (since 2006).
Asking Price
$4,600,000
Cash flow
$633,475
Revenue
$2,004,536
Down
Call/Email
Posting: 286231 | Available | 7/23/24
This well drilling and pump service business is an excellent opportunity to own a profitable California agriculture based business currently serving the central region. The company currently has a 3 month backlog on permitted jobs and 2 month waitlist with two drilling rigs running 5 days a week.
Asking Price
$1,900,000
Cash flow
$230,000
Revenue
$1,700,000
Down
$749,000
Posting: 285227 | Available | 7/23/24
This business offers a full and wide range of services for vehicles, including repair, overhaul or replacement of numerous items including brakes, fuel injectors, engines, transmissions, water pumps, air conditioning, drivelines, axles, timing belts, and the list goes on.
Asking Price
$749,000
Cash flow
Call/Email
Revenue
$580,765
Down
$375,000
Posting: 285964 | Available | 7/22/24
For sale is a one-stop shop for all vehicle repair needs. It is well-established and 40 years old. This auto mechanic shop is repair pal certified with napa auto care and accepts Carmax extended insurance. They have a repeat customer base with a great reputation.
Asking Price
$375,000
Cash flow
$506,654
Revenue
$7,369,067
Down
$2,250,000
Posting: 279031 | Available | 7/23/24
This Northern California remodeling, design, and flooring business is a California S Corporation and was founded in 1986 and under current ownership since 2013. They offer a wide selection of high-quality specialty-engineered hardwood, carpet, tile, and laminate.
Asking Price
$2,250,000
Cash flow
$195,748
Revenue
$1,050,236
Down
$275,000
Posting: 286797 | In Contract | 5/28/24
You can own this high-volume established National franchise auto service in the South Bay. An experienced manager and an excellent team in place. Great Location. Extended training and support are available by the franchisor. Must Sell, Motivated Seller. All reasonable offers will be considered.
Asking Price
$275,000
Cash flow
$108,820
Revenue
$236,000
Down
$100,000
Posting: 278952 | Available | 5/9/24
This auto body paint and repair shop has been established for 20 years, situated in a free-standing building on a high-traffic avenue with high visibility. This business can be a good acquisition for an auto body shop business that needs more production capacity at a reasonable price.
Asking Price
$100,000
Cash flow
$358,700
Revenue
$982,600
Down
Call/Email
Posting: 283496 | Available | 1/4/24
For over 35 years, this auto repair business has been servicing the numerous communities of the High Desert. This is a very profitable full-service shop with the opportunity for the buyer to purchase the real property. Additionally, the business provides a wide range of fleet maintenance services.
Asking Price
$750,000
Cash flow
$251,467
Revenue
$407,981
Down
Call/Email
Posting: 247361 | Available | 6/27/24
This company provides HVAC service and change-outs throughout the greater Sacramento and Placer counties. They perform commercial HVAC services to include apartments and rental properties but also complete some residential work. Gross Rev 408K, Cash Flow 251K.
Asking Price
$399,000
Cash flow
$310,000
Revenue
$921,551
Down
Call/Email
Posting: 286762 | Available | 5/24/24
For sale is a profitable tree service with recurring revenue in NJ. This opportunity is perfect for an entrepreneur who values a flexible schedule and enjoys working outdoors rather than being confined to an office. No prior experience in tree care is required for this essential home service work.
Asking Price
$1,450,000
Cash flow
$527,000
Revenue
$940,000
Down
Call/Email
Posting: 287470 | Available | 7/12/24
For sale is an estimated and highly profitable boot store. The business was opened in 1984 as a repair shop then added selling quality boots in 1996. Since then under the same ownership! Highly reputed business for buying and repairing quality boots!
Asking Price
$1,600,000
Cash flow
$2,381,247
Revenue
$32,972,358
Down
Call/Email
Posting: 286333 | Available | 4/29/24
For sale is an established plumbing construction and maintenance company based in California with ~$30mm backlog. It has a diversified client base including commercial, industrial, and high rise residential projects in both the public and private sectors. They have a solid employee roster.
Asking Price
Call/Email
Cash flow
$389,005
Revenue
$1,493,253
Down
$1,100,000
Posting: 284733 | Available | 7/12/24
This establishment is a comprehensive auto repair shop catering to foreign and domestic cars. The owner serves as both the service writer and general manager. The lease includes a spacious fenced outdoor area. This business is located in a high-income area and caters to a discerning clientele.
Asking Price
$1,100,000
Cash flow
$148,248
Revenue
$1,010,052
Down
Call/Email
Posting: 280935 | Available | 5/22/24
The most recognized name in the muffler service and repair business, Midas is poised to take advantage of the growing used car market and remain an industry leader. Go with a winner, Midas. Imagine a 45% return on your cash, and pride of ownership!
Asking Price
$297,000
Cash flow
$1,900,800
Revenue
$6,695,087
Down
Call/Email
Posting: 287512 | Available | 7/11/24
Highly profitable and established roofing company with a proven track record of consistent year- over-year growth. The business generated $6.7 million in revenue and $1.9 million in SDE in 2023, with projections for continued growth in 2024.
Asking Price
Call/Email
Cash flow
$112,000
Revenue
$700,000
Down
Call/Email
Posting: 283829 | Available | 11/13/23
This is a fantastic opportunity to acquire a highly reputable residential landscaping company that has established itself as one of the leading service providers in Worcester County The owner is seeking to sell the business, (including all inventory, furniture, fixtures, equipment and vehicles).
Asking Price
$350,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284209 | Available | 6/25/24
Express Auto Repair Shop is a well-established business in a great location around the area of San Bruno. The shop is located in an industrial warehouse on a high-traffic street. This business has been here for a long time and has over 30 years of experience.
Asking Price
$295,000
Cash flow
$81,000
Revenue
$443,000
Down
$225,000
Posting: 285904 | Available | 6/4/24
The price just reduced. Body Shop, established for 41 years, is the premier auto body shop in Riverside, CA, providing superior auto body services since 1982. The shop specializes in various automotive services ranging from expert collision repair and undetectable color matching.
Asking Price
$225,000
Cash flow
$72,000
Revenue
$96,000
Down
$59,000
Posting: 277180 | Available | 1/26/23
This is an asset sale and the price is very reasonable as this location is perfect for shoe repair with a spacious parking lot at the back. The location is great and highly visible location. The current owner has been running this business for 35 years successfully with lots of loyal customers.
Asking Price
$59,000
Cash flow
$180,000
Revenue
$1,134,811
Down
Call/Email
Posting: 276421 | Available | 6/5/23
When you need paving services, there is no better company to turn to than this one. The Company was started in 1990 and officially formed back then when they were just a small crew with big dreams of becoming New Hampshire's finest paving contractor.
Asking Price
$450,000
Cash flow
$127,662
Revenue
$803,459
Down
$200,000
Posting: 279110 | Available | 3/19/24
We are seeking a local Temecula Valley owner-operator to take the reins of this well-established and respected jewelry business. The business buys, sells, designs, and repairs gold, jewelry, and watches. The business enjoys an enviable following of repeat customers and can boast many 5-star reviews.
Asking Price
$390,000
Cash flow
$105,492
Revenue
$267,518
Down
Call/Email
Posting: 279027 | Available | 5/14/24
This company provides water treatment solutions for residential, commercial, and industrial customers. They offer a range of products and services including water softeners, reverse osmosis systems, iron filters, and more to improve the quality and safety of water.
Asking Price
$275,000
Cash flow
$235,071
Revenue
$773,297
Down
Call/Email
Posting: 286598 | Available | 6/27/24
This established auto service and repair shop was originally founded in 1980, with the current owner acquiring the business in 1987. It has solid year over year revenues with a cash flow of $235,071. This business is very well established and in a great location!
Asking Price
$395,000
Cash flow
Call/Email
Revenue
$495,000
Down
$130,000
Posting: 285136 | Available | 2/13/24
For sale since 1988 is a longstanding and highly-respected, full-service automotive repair and smog check. The shop is an AAA-Approved auto repair facility. It is a large shop with 11 bays and a total of 6,000 sq ft. Services owned/operated vehicles and fleet accounts, including local CHP station.
Asking Price
$195,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286188 | Available | 5/30/24
In the HVAC industry, we're the epitome of innovation and reliability. Blending craftsmanship with cutting-edge tech, we ensure comfort and efficiency. Our mission? Beyond temperature control. We offer adaptable, sustainable solutions, leading the way in energy-efficient HVAC systems.
Asking Price
$449,000
Cash flow
$1,059,501
Revenue
$3,012,289
Down
Call/Email
Posting: 285179 | Available | 6/27/24
This full-service heating and cooling company was established 17+ years ago and is set for growth! Approximately 60% - 70% of revenue is generated by new construction work, while retrofit and replacement work make up approximately 20% of the work, 10% is scheduled maintenance work.
Asking Price
$4,500,000
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
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
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
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
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
One avenue that has consistently shown promise and potential for budding entrepreneurs is the world of franchise businesses. Buying a franchise business offers individuals an opportunity to step into a proven business model, benefiting from an established brand, operational framework, and support.
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.
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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.
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.
Valuing a small business is not guess work. It's not what some other businesses of the same type may have or may not have been sold for, it's not even what a business owner "feels" they want or deserve. It is a formula based on many factors. Peter Siegel, MBA from BizBen & others discuss this topic.
