Cash flow
$60,549
Revenue
$166,479
Down
$250,000
Posting: 285045 | Available | 4/22/24
A reputable landscape design and maintenance firm. For more than 12 years this ecological landscape and floral design company has served the interior and exterior landscape design and maintenance needs of the East Bay community. Monthly maintenance has kept client retention consistent.
Asking Price
$250,000
Cash flow
$220,000
Revenue
$935,000
Down
Call/Email
Posting: 286195 | Available | 4/19/24
Built on a foundation of loyal clientele, the business excels in delivering swift and competitive repairs. Its strategic location within an automotive commerce hub has facilitated an impressive 15% growth over the past year. The business offers a comprehensive range of repair services, from routine.
Asking Price
$525,000
Cash flow
Call/Email
Revenue
$240,000
Down
$85,000
Posting: 285686 | Available | 4/19/24
For sale is a well-established auto repair shop in the city of San Bernardino. The owner finally wants to retire after 14 years working at the same location. Its size is about 1,400 sqft with 3 bays and lots of parking space. The current rent is just $1,910. All the tools are included in the sale.
Asking Price
$85,000
Cash flow
N/A
Revenue
N/A
Down
$449,000
Posting: 285308 | Available | 4/19/24
Burbank body shop, for an asset sale, is a hard to find body and paint shop. Established and reputable, this full-service collision repair center specializes in luxury vehicles, offering top-tier painting, and mechanical repairs. Strategically located on a busy avenue in L.A.
Asking Price
$449,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286188 | Available | 4/18/24
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
$499,000
Cash flow
$300,000
Revenue
$1,000,000
Down
Call/Email
Posting: 285683 | Available | 4/18/24
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
$101,200
Revenue
$260,000
Down
$169,000
Posting: 277241 | Available | 4/16/24
For sale is a well-established auto repair shop with a history spanning 31 years, prominently located on a major high-traffic boulevard in an auto center building. The shop benefits from its 2,800 square-foot unit that offers excellent visibility, easy access, and ample parking.
Asking Price
$169,000
Cash flow
$123,948
Revenue
$4,112,992
Down
Call/Email
Posting: 283748 | Available | 4/16/24
This fully staffed and trained aircraft service center in Northern California, offering airport operation and aviation mechanical services. Business provides management of aircraft hangar and office rentals for executive meeting spaces. Other services include aircraft sales and brokerage.
Asking Price
Call/Email
Cash flow
$93,456
Revenue
$150,000
Down
Call/Email
Posting: 284740 | Available | 4/15/24
This is a legendary plumbing co. with established clientele, providing stellar service for over 60 years! One of the oldest and most reliable plumbing businesses in town with a strong reputation for quality service and customer satisfaction. The success/longevity of this business year after year.
Asking Price
$199,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285144 | Available | 4/15/24
This HVAC business is consistently the highest-rated company of its kind in the area. With 600 reviews on Google that average 4.9 stars. There is a full staff of techs in place and supporting employees to make this a very customer service-focused business.
Asking Price
$1,100,000
Cash flow
$37,303
Revenue
$129,000
Down
Call/Email
Posting: 284753 | Available | 4/12/24
A full-service automotive shop for sale in Palm Springs is available for purchase. This shop has gained a great reputation for its commitment to honest repairs and quotes, as well as excellent customer service. Service is performed by skilled technicians who are experienced with various makes.
Asking Price
$49,000
Cash flow
$14,511
Revenue
$98,230
Down
Call/Email
Posting: 283016 | Available | 4/12/24
This well-established business is located in the greater Sacramento Region. They offer multiple services to their clients: carpet cleaning, area rug cleaning, tile, ceramic, stone, shower enclosures, counter tops, hardwood floors, dry cleaning cement, as well upholstery. Cash Flow $14.5K Gross $98K
Asking Price
$65,000
Cash flow
$73,328
Revenue
$401,769
Down
Call/Email
Posting: 278188 | Available | 4/12/24
This well established auto shop is located in Northern California and is fully equipped with well-maintained, state-of-the-art equipment. There is an option to purchase the building from the landlord if interested. Gross $401,769 Cash Flow $73,328
Asking Price
$225,000
Cash flow
$251,467
Revenue
$407,981
Down
Call/Email
Posting: 247361 | Available | 4/12/24
This company performs general mechanical services but primarily provides HVAC service and change-outs throughout the greater Sacramento and Placer counties. They perform commercial HVAC services including apartments and rental properties but do some residential work. Gross Rev 408K, Cash Flow 251K.
Asking Price
$399,000
Cash flow
$84,798
Revenue
$296,317
Down
$199,000
Posting: 274861 | Available | 4/11/24
This Northern California-based landscaping company is a California Sole Proprietorship and was formed 9 years ago by the current owner and has been thriving since it started. This company performs both residential and commercial landscaping design, installation and maintenance.
Asking Price
$199,000
Cash flow
$506,654
Revenue
$7,369,067
Down
$2,250,000
Posting: 279031 | Available | 4/11/24
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
$230,000
Revenue
$1,700,000
Down
$1,100,000
Posting: 285227 | Available | 4/11/24
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
$1,100,000
Cash flow
$70,000
Revenue
$450,000
Down
$149,000
Posting: 283031 | Available | 4/11/24
This national cell phone and computer repair franchise is a California C Corporation that has been in operation for the past 11 years under the ownership of the founder. Located in a centralized shopping center in Northern California, they specialize in repair services for phones and computers.
Asking Price
$149,000
Cash flow
$213,477
Revenue
$738,299
Down
Call/Email
Posting: 272351 | Available | 4/11/24
This Northern CA absentee run-based heating, ventilation & air conditioning (HVAC) company is a California Sub-Chapter S Corporation and has been in operation for 14 years under the current ownership. They provide all services (new installation, service, repair, and maintenance) on heating and AC.
Asking Price
$749,000
Cash flow
$600,000
Revenue
$4,600,000
Down
$4,600,000
Posting: 283364 | Available | 4/11/24
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
$344,067
Revenue
$1,408,879
Down
Call/Email
Posting: 284831 | Available | 4/10/24
Immerse yourself in a lucrative opportunity to acquire a leading expert in playground safety, offering a spectrum of services from initial audits to periodic inspections, maintenance, and repair. This business understands the crucial reality that there are no completely safe playgrounds.
Asking Price
$1,500,000
Cash flow
$108,820
Revenue
$236,000
Down
$160,000
Posting: 278952 | Available | 4/9/24
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
$160,000
Cash flow
$200,000
Revenue
$1,048,578
Down
Call/Email
Posting: 275913 | Available | 4/9/24
For sale is a profitable marble, stone & tile cleaning, polishing & restoration company. This owner has a contractor's license. Other companies doing the same service operate without one. The square footage is 400. Rent is negotiable. It was established in 2013.
Asking Price
$249,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286059 | Available | 4/9/24
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
$425,000
Cash flow
Call/Email
Revenue
$907,962
Down
$125,000
Posting: 283950 | Available | 4/9/24
This is a fully equipped retail tire sales and service center for sale. The sale includes $50,000 of inventory. Price can be reduced by the inventory amount if Buyer does not wish to take over the inventory. Property is available for sale at $2,490,000 or can be leased.
Asking Price
$125,000
Cash flow
$132,248
Revenue
$240,893
Down
$225,000
Posting: 284110 | Available | 4/9/24
This company is a well established precision metal machining business located in Auburn, CA. Customers include the growing optical industry, aeronautical as well electronics and food industries. The company can start with a sketch and deliver high quality parts that meet the most demanding specs.
Asking Price
$225,000
Cash flow
Call/Email
Revenue
Call/Email
Down
All Cash
Posting: 286047 | Available | 4/8/24
The automotive repair business is a single shop with two bays and two lifts. It does not provide services for smog checks or alignments. The operation is managed by one individual, with the assistance of a part-time helper. Monthly revenue typically ranges between $15,000 and $20,000.
Asking Price
$110,000
Cash flow
$144,000
Revenue
$360,000
Down
$230,000
Posting: 285338 | Available | 4/6/24
For sale is a golf repair & authorized dealer store with high net income in Long Beach. Business hours are from 10-6pm and Sat 10-4pm. Sunday closed. It is an easy operation. The same owner wants to retire after 36 years operating. Rare opportunity inventory needs to be paid by the buyer separately.
Asking Price
$230,000
Cash flow
$292,483
Revenue
$1,133,750
Down
$80,000
Posting: 282827 | Available | 5/6/24
This is an 18-year established family-owned business performing general automotive repairs in Yolo County. The business specializes in engine diagnostics, vehicle maintenance, steering & suspension, tires, AC diagnostics and general repairs of domestic & imported vehicles.
Asking Price
$800,000
Cash flow
$270,617
Revenue
$1,091,371
Down
$400,000
Posting: 282792 | Available | 5/6/24
For sale is a profitable, leading hearth (fireplace/stove) distributor and installer in the greater foothills of Sacramento County. There are more than 65 wood, gas, pellet, and electric stoves, inserts, and fireplaces on display in the fully stocked, 3,000-square-foot showroom.
Asking Price
$400,000
Cash flow
$1,900,000
Revenue
$9,500,000
Down
Call / Email
Posting: 271089 | Available | 5/3/24
Profitable commercial construction general engineering contractor, with recurring Fortune 500 customers, over 50 employees, and extensive equipment and vehicles. In San Francisco Bay Area. Customers consist of major telecommunications and other Fortune 500 companies throughout Northern California.
Asking Price
$8,000,000
Cash flow
$164,000
Revenue
$693,511
Down
Call/Email
Posting: 280853 | Available | 5/3/24
This is an established auto repair in South Orange County located next to the 5 Freeway. They have a great customer base with 5-star Google and Yelp ratings. They have a long history of profitability.
Asking Price
$299,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281487 | Available | 2/22/24
This company provides temperature control solutions for indoor and outdoor events in Northern California. They provide heating and cooling equipment for parties, weddings, corporate functions, sporting events, and backyard get-togethers with family and friends.
Asking Price
$499,000
Cash flow
Call/Email
Revenue
$1,500,000
Down
Call/Email
Posting: 285353 | Available | 2/26/24
For sale is a highly profitable, and reputable premier automotive repair shop in Rancho Cucamonga, with more three decades of unparalleled service and expertise. This shop stands as a testament to excellence in the automotive industry, serving the community with unwavering dedication.
Asking Price
$2,000,000
Cash flow
$148,248
Revenue
$1,010,052
Down
Call/Email
Posting: 280935 | Available | 3/21/24
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 42% return on your money and pride of ownership!
Asking Price
$350,000
Cash flow
Call / Email
Revenue
$267,778
Down
Call/Email
Posting: 283882 | Available | 4/4/24
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
Call/Email
Revenue
Call/Email
Down
$8,000
Posting: 286315 | Available | 4/28/24
This 2-bay garage is available for a mechanic shop or smog center as part of the successful Chevron station. All utilities are included in the rent. It's a 5-year lease. Rent is $4,000, which includes all utilities. 2 hoists and compressors are included. There's plenty of parking available.
Asking Price
$8,000
Cash flow
$301,550
Revenue
$1,500,000
Down
Call/Email
Posting: 285972 | Available | 4/3/24
In business for 35+ years, this company offers a wide variety of services from bathroom remodeling/repair, new construction & glass doors. They also provide custom-made products from tubs to showers & vanities.
Asking Price
$650,000
Cash flow
$88,000
Revenue
$175,000
Down
$165,000
Posting: 285885 | Available | 5/1/24
This established mobile truck and trailer repair service, with a history spanning over 60 years, is now on the market. The current proprietor, having dedicated 47 years to its operation, is seeking retirement and looking to pass on the business.
Asking Price
$165,000
Cash flow
$381,580
Revenue
$6,918,908
Down
Call/Email
Posting: 283736 | Available | 11/7/23
This Northern California business retails the top brands of high-performance sport-fishing power boats, as well as pontoon boats, special order bay boats, fish and ski family boats, tackle, boat parts, accessories, and clothing. The majority of the company's sales are new boats.
Asking Price
$1,295,000
Cash flow
$359,965
Revenue
$1,745,504
Down
$1,599,000
Posting: 283252 | Available | 10/7/23
For sale is profitable California's landscape construction and maintenance corporation. This company's stellar reputation and lengthy client list have enabled it to be an industry go-to company. Inquiries from current clients and referrals for design services result in most sales development.
Asking Price
$1,599,000
Cash flow
Call/Email
Revenue
$2,419,000
Down
Call/Email
Posting: 284875 | Available | 5/1/24
Seller ready to retire. Price Reduced to $1,180,000 while performance improved! Large outdoor store in a busy and centrally located shopping center selling to those who find their passion in the mountains, on the water, up a trail, or down a snowy slope. It has been in almost 40 years in business.
Asking Price
$1,180,000
Cash flow
Call/Email
Revenue
$240,000
Down
$85,000
Posting: 285686 | Available | 4/19/24
For sale is a well-established auto repair shop in the city of San Bernardino. The owner finally wants to retire after 14 years working at the same location. Its size is about 1,400 sqft with 3 bays and lots of parking space. The current rent is just $1,910. All the tools are included in the sale.
Asking Price
$85,000
Cash flow
$564,000
Revenue
$4,656,752
Down
$200,000
Posting: 285865 | Available | 3/27/24
This established, highly profitable wastewater and septic service business in the upscale East Bay area of Los Angeles presents a unique opportunity. With a loyal customer base and a diversified service portfolio, this acquisition guarantees immediate return on investment and a smooth transition.
Asking Price
$1,850,000
Cash flow
$93,456
Revenue
$150,000
Down
Call/Email
Posting: 284740 | Available | 4/15/24
This is a legendary plumbing co. with established clientele, providing stellar service for over 60 years! One of the oldest and most reliable plumbing businesses in town with a strong reputation for quality service and customer satisfaction. The success/longevity of this business year after year.
Asking Price
$199,000
Cash flow
$120,000
Revenue
$360,000
Down
$150,000
Posting: 278915 | Available | 3/23/23
For sale or for lease is an auto repair and body shop. Its size is 1,200 + 750 sq ft. and the lot size is 7,000 sq ft. It comes with 4 hoists and 2 bays. The monthly receipts are $30,000 a month, net $10,000 a month, and the price is $150,000. If you lease rent will be $12,500. The lease is 2+5.
Asking Price
$150,000
Cash flow
$886,160
Revenue
$1,236,016
Down
Call/Email
Posting: 284029 | Available | 11/27/23
This mechanical repair and maintenance company has grown quickly in both revenues and profits, with a 150% increase in profits from 2020 to 2022. This was achieved by creating a strong brand and reputation that focused on servicing areas of their focused industry that drive the highest profits.
Asking Price
$1,700,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284169 | Available | 4/22/24
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
$379,489
Revenue
$2,897,957
Down
$79,000
Posting: 281198 | Available | 5/6/24
For sale is a building maintenance and construction company with real estate. They had $420,000 of SDE in 2022! It has been established for 40 years. Maintenance provides recurring revenue and generates additional, high-margin construction services. Real property is valued at $1MM.
Asking Price
$799,000
Cash flow
$600,000
Revenue
$4,600,000
Down
$4,600,000
Posting: 283364 | Available | 4/11/24
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
$160,000
Revenue
$400,000
Down
Call/Email
Posting: 284221 | Available | 1/15/24
Seize this rare opportunity to own a turnkey, highly profitable cell phone repair & sales business. Strategically located in a bustling regional shopping center, this established venture boasts a 12-year track record and a loyal customer base, validated by stellar online reviews.
Asking Price
$299,888
Cash flow
$500,000
Revenue
$4,000,000
Down
$500,000
Posting: 284937 | Available | 1/31/24
An exceptional business opportunity presents itself with the offering of a well-established used car dealership coupled with a certified mechanic shop and repair services in the vibrant city of San Diego. Situated in an attractive locale. Annual sales are over $4 million.
Asking Price
$700,000
Cash flow
$314,642
Revenue
$501,660
Down
$759,000
Posting: 274423 | Available | 9/14/22
This mobile calibration business specializes in the calibration of mechanical and electronic tools and devices. It is NIST traceable. The business offers competitive pricing and a three-day turnaround on items requiring calibration at their facility.
Asking Price
$759,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 266053 | Available | 11/21/22
Established in 1979, the owners of this longtime respected glass and window company are retiring and ready to hand this heirloom business off to its new operators. It is located in a 2,800 sq ft. retail/shop building with a 600 sq ft. office/showroom and a 2,200 sq ft. shop.
Asking Price
$149,000
Cash flow
$105,492
Revenue
$267,518
Down
Call/Email
Posting: 279027 | Available | 3/30/24
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
$324,311
Revenue
$1,295,917
Down
$1,400,000
Posting: 285471 | Available | 3/2/24
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. Hourly rates are on par with those offered by dealerships.
Asking Price
$1,400,000
I am the Founder Of BizBen.com. I consult daily with intermediaries, business buyers, owner/sellers & advisors daily about buying and selling California small to mid-sized businesses. Contact me today about joining & utilizing BizBen, consultations, & advisory services.
ServingNationwide - All Areas
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
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
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
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
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
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
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.
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.
An often overlooked aspect of selling (or buying) a small business is taking back-up offers during the entire process of selling (or buying) a business. Most sellers (or buyers) don't realize that over fifty percent of all deals/contracts fall out escrow or contract for one reason or another.
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.
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.
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.
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.
Only 30% of all small businesses for sale that are put on the market overall are sold! A surprising statistic to most business owners, agents, and brokers trying to sell a small business! If however you follow the strategies (BizBen Protocol Method) in this blog post you should see success!
Peter Siegel, MBA - BizBen.com & SBALoanAdvisors.com Founder discusses the difference between a hands on owner and an absentee owner. It covers why someone would want to be an absentee owner and then goes on to discuss the pros and cons of buying an absentee run small to mid-sized business.
As an Advisor On BizBen I talk to many California business owners, business buyers, brokers, and agents on a daily basis about valuing California small to mid-sized businesses. Many key factors go into this analysis including market demand, history of earnings, and even how the deal is structured.
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.
One of the most difficult challenges when purchasing a small business is expressed by this prospective buyer of a liquor store who is told by the seller that there is more money being made than shows up on the books. Should the buyer accept that statement by the seller & go ahead with the purchase?
Buyers search for an absentee business, wanting to collect profits generated by a successful enterprise without having to stand at the sales counter or cash register, without having to cook, operate equipment or talk to customers. Peter Siegel, MBA offers his intake on absentee run businesses.
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.
Being an Entrepreneur has its perks, it can also be challenging. You need to make sure you're ready for the challenge. Here's a list of 10 important questions to get you started when buying a business. Peter Siegel, MBA (BizBen Founder) reviews this topic for business buyers of small businesses.
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.
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.
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.
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.
Since most people who want to acquire a business for sale spend their time and energy responding to ads, it's no wonder that a majority never find a company they want to buy. Meanwhile, proactive buyers "push" their requirements and qualifications to purchase, and attract owners ready to sell.
Telling potential business buyers about unreported income could come back and bite you if not careful. It's best to be honest when dealing with business buyers but you should also highlight what's reported in the tax returns and what cash may be seen "between the lines".
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 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.
Approaching business owners directly to see if they want to sell can sometimes work well for business buyers searching to buy a small business. Another way is to broadcast your search criteria via the BizBen ProBuy Program to all brokers, agents, and intermediaries who are selling a small business.
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.
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.
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.
