Cash flow
$330,000
Revenue
$67,000
Down
Call/Email
Posting: 280296 | Available | 7/26/23
We are pleased to offer this established bakery & snack franchise in a high-foot-traffic area. This business is profitable and offers the support of a franchise along with easy-to-manage and produce the product. The 2022 sales are approximately $330k and the net is approximately $67k.
Asking Price
$119,000
Cash flow
Call/Email
Revenue
$403,000
Down
$115,000
Posting: 275633 | Available | 5/21/23
This sandwich shop features outdoor seating in a popular shopping center surrounded by major retailers. The franchise offers one of the finest training programs in the industry as well as ongoing support for owners and an amazing advertising program. The store is off of a major highway.
Asking Price
$190,000
Cash flow
$55,981
Revenue
$770,546
Down
$35
Posting: 276877 | Available | 3/14/23
For sale is a Frame Broiler Franchise, established since 2008. It is managed by a part-time manager. There is room to improve the business with an owner-operator. It is next to a supermarket and is absentee-run. The seller is selling to look for other opportunities. It has clean books.
Asking Price
$285,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$20
Posting: 256544 | Available | 3/9/23
This is a Del Taco famous franchise business opportunity with property for sale. The free-standing building with a drive facility is doing over $1.3 million plus business annually. The lot size is approximately 30,000 sq ft. It is the second leading brand in the fast-growing Mexican QSR category.
Asking Price
$2,400,000
Cash flow
$220,000
Revenue
$1,003,943
Down
$200,000
Posting: 278459 | Available | 1/20/23
Very Popular Flourishing Fast Food Franchise Restaurant. The sales in 2022 were $1,003,943 with a high profit margin.
Asking Price
$650,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 278458 | Available | 1/20/23
This is a very popular fast-food franchise, and sales have been increasing. It is brand new, just 3 months old. The sales in 2022 October started with $45K/mo and already crossed $60K+/mo. Per seller, it will cross 100K sales/month in the future. The store size is 1,850 sq. ft. Rent is $8,200.
Asking Price
$400,000
Posting: 275827 | Available | 12/31/22
Sandwich, quick serve franchise or independent wanted to buy. Experienced buyers. Adjusted Net Income-$200,000+. I am looking for a sandwich or quick serve restaurant or multi units to be operated by a family with many years of multi-unit experience and financially qualified that is relocating.
Cash flow
Call / Email
Revenue
$2,595,232
Down
Call / Email
Posting: 277015 | Available | 11/28/22
For sale are 4 units of Long John Silver's franchises. There are new fryers, new exhaust systems, and new HVAC in 2020. There is upgraded security and back-of-house technology in 2021 with parking lot upgrades in 2022. There was a plumbing & HVAC replacement in 2019. $50k each unit.
Asking Price
50,000 Each
Cash flow
$493,000
Revenue
$9,388,743
Down
$300,000
Posting: 276985 | Available | 11/15/22
Founded in 1969, Long John Silver's pioneered the seafood quick service restaurant industry, making great tasting, sustainably sourced, and affordable seafood accessible to consumers across the country. This offering is for an entire package of ten franchises.
Asking Price
$1,875,000
Cash flow
$330,386
Revenue
$3,769,115
Down
Call / Email
Posting: 275114 | Available | 11/15/22
An iconic brand, Denny's began franchising in 1963 and has grown to over 1,700 restaurants worldwide. Franchisor requires at least $1M net worth and $500K liquid, and at least 5 years of Restaurant management experience required. Total Price: $1,650,000. Total Sales: $3,769,118.
Asking Price
$1,650,000
Cash flow
$72,000
Revenue
$456,000
Down
Call / Email
Posting: 277179 | Available | 10/30/22
For sale is a Subway Sandwich franchise location. This is a great opportunity to own this world-famous sub sandwiches at this great location. This is the place where you can trust the quality and freshness of sandwiches. The quality and taste of the food are always consistently delicious.
Asking Price
$299,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 261636 | Available | 7/3/22
Best sub sandwiches franchise. Made from high quality ingredients. This is a great place to come grab a quick healthy food and there are lots of options to choose from. This is a well known and one of the fastest growing franchises.
Asking Price
$169,000
Cash flow
$98,400
Revenue
$720,000
Down
Call / Email
Posting: 273703 | Available | 6/20/22
Profitable semi absentee franchise boba tea shop with great potential. Located in busy supermarket center with lots of foot traffic. Monthly gross: $59,500. Monthly rent: $5,655 + $408 NNN. Store size: 670 sf. Well trained manager and staff.
Asking Price
$240,000
Cash flow
Call/Email
Revenue
$5,800,000
Down
Call/Email
Posting: 284375 | Available | 3/22/24
For sale is a 4-unit package of Denny's in Escambia County, Florida. The remodels are all up to date with a kitchen modernization complete. They have complete and certified store management teams.
Asking Price
$250,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 278458 | Available | 1/20/23
This is a very popular fast-food franchise, and sales have been increasing. It is brand new, just 3 months old. The sales in 2022 October started with $45K/mo and already crossed $60K+/mo. Per seller, it will cross 100K sales/month in the future. The store size is 1,850 sq. ft. Rent is $8,200.
Asking Price
$400,000
Cash flow
$1,870,288
Revenue
$9,993,448
Down
Call/Email
Posting: 276473 | Available | 3/22/24
This is a 6-store package with 2 fee properties available (not included in purchase price). Burger King is the 2nd largest hamburger chain in the world and has built its brand identity on its flagship Whopper Sandwich and flame-grilled cooking. Most all BK restaurants are open seven days a week.
Asking Price
$7,500,000
Cash flow
$181,605
Revenue
$917,651
Down
Call/Email
Posting: 282279 | Available | 3/22/24
This high-volume end-cap location is in a shopping center anchored by a national supermarket. Business hours are from M-Su 10:30 am-9 pm. Baja Fresh Mexican Grill opened its first restaurant in 1990 featuring all-fresh, traditional fire-grilled favorites, with handmade and farm-fresh ingredients.
Asking Price
$470,000
Cash flow
$93,926
Revenue
$525,988
Down
Call/Email
Posting: 275612 | Available | 3/21/24
Established restaurant franchise on the UCSB Campus for sale. UCSB provides a cashier, a dining facility, utilities, cleaning, plastic utensils, napkins, condiments, etc. UCSB gives you a bi-monthly financial report! The owner purchases 'to-go' packaging, hood filters and a clean kitchen.
Asking Price
$100,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$20
Posting: 256544 | Available | 3/9/23
This is a Del Taco famous franchise business opportunity with property for sale. The free-standing building with a drive facility is doing over $1.3 million plus business annually. The lot size is approximately 30,000 sq ft. It is the second leading brand in the fast-growing Mexican QSR category.
Asking Price
$2,400,000
Cash flow
$72,000
Revenue
$456,000
Down
Call / Email
Posting: 277179 | Available | 10/30/22
For sale is a Subway Sandwich franchise location. This is a great opportunity to own this world-famous sub sandwiches at this great location. This is the place where you can trust the quality and freshness of sandwiches. The quality and taste of the food are always consistently delicious.
Asking Price
$299,000
Cash flow
Call/Email
Revenue
$600,000
Down
$199,000
Posting: 280008 | Available | 1/25/24
A well-established, fully upgraded in 2023 to a new look, Togo's Sandwiches Franchise is in the most active location in Alameda County, California. The current menu serves sandwiches, salads, chips, and drinks, fully staffed with high-quality employees. The absentee owner is doing exceptionally.
Asking Price
$199,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281344 | Available | 3/22/24
This is a Little Caesar's located off a busy freeway with lots of drive-thru traffic. Neighbors include a mix of residential and commercial properties nearby. They have an upward sales trend and low rent. Comprehensive training is provided by the franchisor.
Asking Price
$290,000
Cash flow
Call / Email
Revenue
$2,595,232
Down
Call / Email
Posting: 277015 | Available | 11/28/22
For sale are 4 units of Long John Silver's franchises. There are new fryers, new exhaust systems, and new HVAC in 2020. There is upgraded security and back-of-house technology in 2021 with parking lot upgrades in 2022. There was a plumbing & HVAC replacement in 2019. $50k each unit.
Asking Price
50,000 Each
Cash flow
$178,985
Revenue
$110,810
Down
Call/Email
Posting: 282281 | Available | 3/22/24
This is a high-volume end-cap location in a shopping center anchored by the grocery store. Baja Fresh Mexican Grill opened its first restaurant in 1990 featuring all-fresh, traditional fire-grilled favorites, with handmade and farm-fresh ingredients. Today, Baja Fresh is owned by Kahala Brands.
Asking Price
$325,000
Cash flow
Call/Email
Revenue
$403,000
Down
$115,000
Posting: 275633 | Available | 5/21/23
This sandwich shop features outdoor seating in a popular shopping center surrounded by major retailers. The franchise offers one of the finest training programs in the industry as well as ongoing support for owners and an amazing advertising program. The store is off of a major highway.
Asking Price
$190,000
Cash flow
$120,000
Revenue
$780,000
Down
$290,000
Posting: 277590 | Available | 4/1/24
For sale is a restaurant, newly built. It has a full kitchen with new equipment. Seller's build-out cost was $700K+. There is a Beer & Wine (Type 41) license. This is an asset sale. New menu conversion is possible with the landlord's consent.
Asking Price
$290,000
Cash flow
Call/Email
Revenue
$800,000
Down
Call/Email
Posting: 285678 | Available | 3/15/24
Located in a busy shopping center with major brand-name anchor stores and close freeway access, this brand-name food chain has thrived since 1947. Food critics have often voted it the Best Hamburger in Los Angeles. Never frozen, all food is freshly prepared.
Asking Price
$289,000
Cash flow
$100,000
Revenue
$500,000
Down
Call/Email
Posting: 276889 | Available | 3/27/24
This is a great opportunity for an owner-operator. Currently, it is absentee owner operated. This established business is located in downtown San Jose with busy foot traffic. The store is recovering very nicely after its closure during the pandemic. There is plenty of room for growth.
Asking Price
$199,000
Cash flow
Call/Email
Revenue
Call/Email
Down
All Cash
Posting: 276684 | Available | 3/18/24
This Togo's Sandwich franchise is for sale, and is located in a busy neighborhood shopping center. This store is located near 3 schools. The monthly rent is $7,800 including CAM and everything else. The size is 2,000 sq. ft. A potential buyer can change it or keep the concept. There is no hood.
Asking Price
$119,999
Cash flow
$330,000
Revenue
$67,000
Down
Call/Email
Posting: 280296 | Available | 7/26/23
We are pleased to offer this established bakery & snack franchise in a high-foot-traffic area. This business is profitable and offers the support of a franchise along with easy-to-manage and produce the product. The 2022 sales are approximately $330k and the net is approximately $67k.
Asking Price
$119,000
Cash flow
$55,981
Revenue
$770,546
Down
$35
Posting: 276877 | Available | 3/14/23
For sale is a Frame Broiler Franchise, established since 2008. It is managed by a part-time manager. There is room to improve the business with an owner-operator. It is next to a supermarket and is absentee-run. The seller is selling to look for other opportunities. It has clean books.
Asking Price
$285,000
Cash flow
$220,000
Revenue
$1,003,943
Down
$200,000
Posting: 278459 | Available | 1/20/23
Very Popular Flourishing Fast Food Franchise Restaurant. The sales in 2022 were $1,003,943 with a high profit margin.
Asking Price
$650,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 261636 | Available | 7/3/22
Best sub sandwiches franchise. Made from high quality ingredients. This is a great place to come grab a quick healthy food and there are lots of options to choose from. This is a well known and one of the fastest growing franchises.
Asking Price
$169,000
Cash flow
N/A
Revenue
N/A
Down
All Cash
Posting: 283197 | Available | 3/30/24
For sale is a 1,100 sq. ft Korean fried chicken restaurant in a small strip. This is an asset sale. This restaurant is located in an office area. Rent is $6100 including CAM and water and garbage. There's a fully equipped kitchen with a walk-in cooler walk-in freezer and a 7.5-foot hood.
Asking Price
$99,999
Cash flow
$67,140
Revenue
$584,400
Down
Call/Email
Posting: 276835 | Available | 4/4/24
For sale is a well-established Waba Grill located in a very busy area with lots of office buildings. It is well-maintained and still has good equipment. It has a reasonable rent of $6,500/month for the size of 1,820 sq ft. There is a 2+5+5 lease term. There is a heavy lunch crowd.
Asking Price
$235,000
Cash flow
$178,985
Revenue
$1,077,592
Down
Call/Email
Posting: 282280 | Available | 3/22/24
For sale is a high-volume end-cap Baja Fresh franchise located conveniently off the freeway! Baja Fresh Mexican Grill opened its first restaurant in 1990 featuring all-fresh, traditional fire-grilled favorites, with handmade and farm-fresh ingredients. Today, Baja Fresh is owned by Kahala Brands.
Asking Price
$455,000
Cash flow
$200,000
Revenue
$1,305,000
Down
Call/Email
Posting: 279959 | Available | 3/22/24
This Denny's franchise is absentee-run and has an attractive rent. It currently has limited hours, from 6:30 am to 10 pm. Denny's Inc. has over 1,600 quality full-service Denny's restaurants across the United States. You need a 1 million dollars net worth with at least $500K liquid.
Asking Price
$550,000
Cash flow
Call/Email
Revenue
$2,200,000
Down
Call/Email
Posting: 285249 | Available | 2/19/24
This franchise opportunity represents a turn-key operation, boasting robust sales exceeding $2 million annually for the last three years under absentee ownership. With a proven track record of success, this establishment stands poised for even greater achievements.
Asking Price
$250,000
Cash flow
$493,000
Revenue
$9,388,743
Down
$300,000
Posting: 276985 | Available | 11/15/22
Founded in 1969, Long John Silver's pioneered the seafood quick service restaurant industry, making great tasting, sustainably sourced, and affordable seafood accessible to consumers across the country. This offering is for an entire package of ten franchises.
Asking Price
$1,875,000
Cash flow
$140,000
Revenue
$640,000
Down
Call/Email
Posting: 276890 | Available | 7/28/23
For sale is a newly built, 100% absentee-operated Togo's Sandwich franchise location in San Jose. It is an established business located in a busy foot-traffic shopping center. The current owner has not increased the product prices recently. They have owned it since March 2014.
Asking Price
$400,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285315 | Available | 2/23/24
This is a commercial building/land for sale in Huntington beach. The location is fully managed and the owner is retiring. It is a street front location with parking and is near major highways. Be your own landlord and business owner! It is easy to further expand this franchise.
Asking Price
$350,000
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
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 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
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
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
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
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
Looking to buy restaurant businesses? Check out these tips first to avoid getting blindsided when you buy restaurants. Peter Siegel, MBA with BizBen.com discusses this topic.
Many California small business investors want to buy a restaurant. People always need to eat; there should be plenty of business. And some buyers think there is prestige to owning a popular eating establishment. But it isn't an easy purchase. Here's what not to do when planning to buy a restaurant.
Restaurant franchise offerings are among the most popular of the business types potential business buyers seek. What many would-be owners don't realize is that there are specific tips for buying fast food or restaurant franchises that don't necessarily apply to independent restaurants for sale.
The process for making a liquor license transfer used to take approximately 55-70 days, but now because of labor shortages and work protocols, it can be up to 3 months in California, for example. The longer an escrow is open, the greater the chance of having it fall out of escrow.
In my opinion and experience, an LOI may very well be appropriate for lower middle market transactions of $5,000,000 or more; but, for deals less than that an Asset Purchase Agreement ("APA") with contingencies on the actions of the buyer (and seller) is much more efficient and effective.
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.
80% of all California business buyers never end up buying a business! Many factors contribute to this statistic, but by following the points below and utilizing the ProBuy Method of buying a business you should be successful in locating a business that interests you and completing the transaction!
Demonstrating sufficient cash flow to cover a business acquisition loan is key to getting a lender's approval. But buyer must be knowledgeable. Support a business acquisition loan with the target company's cash flow. And know how to determine the actual cash flow amount. Peter Siegel, MBA explains.
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 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.
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.
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!
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.
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!
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.
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.
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.
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.
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.
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.
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.
You have a strong entrepreneurial spirit. You know you want to be a small business owner. Now what? Do you buy an existing business or start one from scratch? An existing business can save a lot of time and effort. I will share with you some of the advantages of buying an existing business.
Showing your business when selling is one of the most important steps in the sale process & how it is done will greatly affect the selling price. There are two areas to be concerned with, how the business looks & how you react to the prospective buyer.
Buying a small to mid-sized restaurant can have many pitfalls, and potential restaurant buyers should know how to avoid getting burned! Several restaurant advisors weigh in with (Peter Siegel, MBA at BizBen) and discuss tips for buying a restaurant in California.
Was chatting with a potential buyer of a restaurant in our BizBen ProBuy Program and he asked me what he should look for in due diligence when he finally did find a restaurant he was interested in. Peter Siegel, MBA with BizBen and others on BizBen explore this topic.
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.
