Cash flow
$340,000
Revenue
$2,980,000
Down
Call/Email
Posting: 285247 | Available | 2/18/24
Step into the realm of highly successful steakhouse franchise ownership with this incredible opportunity. They are passing on years of goodwill to a qualified operator. This is your chance to stake your claim and lock in a great deal. The business is pre-qualified for an SBA (10-year) loan.
Asking Price
$1,000,000
Cash flow
Call/Email
Revenue
$480,000
Down
Call/Email
Posting: 284190 | Available | 2/12/24
This franchise is known for freshly baked bread, served warm, deli-style sandwiches features an array of top-quality meats, artisan cheese, and fresh produce topped with delectable house spread. This restaurant offers the ultimate in casual dining in an old-time style establishment.
Asking Price
$199,000
Cash flow
Call/Email
Revenue
$702,000
Down
$159,000
Posting: 285051 | Available | 2/8/24
For sale is a great opportunity, in the heart of old town Monrovia. This national franchise business is in a large shopping center anchored by other franchises, and surrounded by offices, retail, and residential buildings that bring lots of traffic year-round.
Asking Price
$159,000
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
$378,000
Down
Call/Email
Posting: 284325 | Available | 12/15/23
This pizza chain, established in 1987, boasts a well-known brand with a loyal following. The company was established by industry professionals with a growth mindset for this highly scalable concept. This 1,800 square foot location is on a well-trafficked boulevard and highly visible.
Asking Price
$65,000
Cash flow
Call/Email
Revenue
$726,873
Down
Call/Email
Posting: 278987 | Available | 12/8/23
This is an opportunity to own a pizza franchise with heavy foot traffic in San Jose! It is an opportunity located on the grounds of Silicon Valley's second-largest shopping center and attracts both residents and visitors to the Bay Area who are eager to shop, dine and explore entertainment.
Asking Price
$50,000
Cash flow
$300,000
Revenue
$2,000,000
Down
$499,000
Posting: 284211 | Available | 12/7/23
Indulge in the potential for success as you discover an exclusive franchise restaurant for sale, perfectly crafted and awaiting its new visionary owner. This fully built, beautiful, and modern 1,800 sq ft. culinary haven is strategically situated in a bustling locale.
Asking Price
$499,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283969 | Available | 11/21/23
For sale is a lucrative opportunity for a restaurant with a very high profit margin. There are 15 part-time employees. It is strategically located in a high-traffic area, ensuring a steady flow of customers and high visibility. It is a well-established franchise with over 1,100 locations.
Asking Price
$550,000
Cash flow
Call/Email
Revenue
$470,000
Down
Call/Email
Posting: 278080 | Available | 8/3/23
For sale at a great price, 8-year-old location is an established Deli Delicious franchise. The location is one of the busiest shopping centers in the city. The gross total annual sales are approximately $470,000 for 2022. Rent is $4,155 a month including NNN charges. There is a long lease left.
Asking Price
$75,000
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
$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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 276199 | Available | 3/22/24
For sale is an attractive end-cap location with a drive-thru and low rent. The seller is to complete the refresh prior to closing. Possible development opportunities are available. This is a terrific opportunity for an owner-operator looking to enter the Little Caesars brand. It is absentee-run.
Asking Price
$229,000
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
$300,000
Revenue
$2,000,000
Down
$499,000
Posting: 284211 | Available | 12/7/23
Indulge in the potential for success as you discover an exclusive franchise restaurant for sale, perfectly crafted and awaiting its new visionary owner. This fully built, beautiful, and modern 1,800 sq ft. culinary haven is strategically situated in a bustling locale.
Asking Price
$499,000
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
Call/Email
Revenue
$470,000
Down
Call/Email
Posting: 278080 | Available | 8/3/23
For sale at a great price, 8-year-old location is an established Deli Delicious franchise. The location is one of the busiest shopping centers in the city. The gross total annual sales are approximately $470,000 for 2022. Rent is $4,155 a month including NNN charges. There is a long lease left.
Asking Price
$75,000
Cash flow
Call/Email
Revenue
$420,000
Down
Call/Email
Posting: 284220 | Available | 3/17/24
For sale is a chicken BBQ, Franz fast food restaurant located on Main Street in Huntington Beach near the pier with a 41-liquor license, which includes dine-in or out. It has a great beach Hawaiian decor and a beautiful look. This place has a full hot kitchen with lots of foot traffic. Asset sale.
Asking Price
$75,000
Cash flow
$105,008
Revenue
$762,445
Down
Call/Email
Posting: 282281 | Available | 4/23/24
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
$702,000
Down
$159,000
Posting: 285051 | Available | 2/8/24
For sale is a great opportunity, in the heart of old town Monrovia. This national franchise business is in a large shopping center anchored by other franchises, and surrounded by offices, retail, and residential buildings that bring lots of traffic year-round.
Asking Price
$159,000
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
Call / Email
Revenue
$332,103
Down
Call / Email
Posting: 220751 | Available | 2/21/24
Great Business Opportunity in Roseville! Quiznos Sub on sale prime location, Surrounded by popular businesses & close to Denio's Farmers Market in Roseville; has high visibility, 1700 Sq Ft. LOW RENT, Franchise contract with Quiznos ending, Have the option to convert to Indian or Chinese Restaurant
Asking Price
$89,900
Cash flow
$169,766
Revenue
$769,645
Down
$150,000
Posting: 282090 | Available | 3/20/24
This is a long established Franchise Pizza Restaurant located in a BUSY San Francisco Area. They have many loyal dine-in customers in addition to their Corporate and School Caterings. They also serve Pasta, Salads, and Wings. Experienced Team in place. Franchise Training and Support available.
Asking Price
$150,000
Cash flow
N/A
Revenue
N/A
Down
$29,500
Posting: 277107 | Available | 4/18/24
Exclusive licensing opportunity for the only "Walk Around" Handmade Pizza product in the food service industry! Sold in well-known venues like Disneyland, San Diego Zoo, Sports stadiums, Grand Prix, Breweries, Fairs, specific territories, and much more. Let us set up a meeting with the Licensor!
Asking Price
$29,500
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
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
$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
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
$127,136
Revenue
$837,749
Down
Call/Email
Posting: 277344 | Available | 3/4/24
For sale is an established franchise that is an attractive dual-brand location off the interstate. It has good rent and is a great owner-operator opportunity. Togo's is an established, 40-year-old regional quality sandwich brand with nearly 275 locations. Credit must exceed 650 and $105K liquid min.
Asking Price
$345,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283969 | Available | 11/21/23
For sale is a lucrative opportunity for a restaurant with a very high profit margin. There are 15 part-time employees. It is strategically located in a high-traffic area, ensuring a steady flow of customers and high visibility. It is a well-established franchise with over 1,100 locations.
Asking Price
$550,000
Cash flow
$340,000
Revenue
$2,980,000
Down
Call/Email
Posting: 285247 | Available | 2/18/24
Step into the realm of highly successful steakhouse franchise ownership with this incredible opportunity. They are passing on years of goodwill to a qualified operator. This is your chance to stake your claim and lock in a great deal. The business is pre-qualified for an SBA (10-year) loan.
Asking Price
$1,000,000
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
$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
Call/Email
Revenue
$6,000,000
Down
Call/Email
Posting: 285275 | Available | 2/20/24
Elevate your business portfolio with this lucrative opportunity to join a small chain of highly successful bar and grill franchises. With annual sales surpassing $6 million and a proven track record of excellence, this multi-unit franchise offers a seamless entry into the world of hospitality.
Asking Price
$1,500,000
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
$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
Call/Email
Revenue
$2,100,000
Down
Call/Email
Posting: 285248 | Available | 2/18/24
For sale is a high-volume, profitable, rustic restaurant with a hard liquor license. This Franchise opportunity is introduced as a turn-key operation where you don't have to reinvent the wheel. It has come with solid sales exceeding $2,000,000 consistently for the last three years.
Asking Price
$200,000
Cash flow
$240,152
Revenue
$833,844
Down
Call/Email
Posting: 276966 | Available | 4/15/24
For sale is an attractive Papa John's unit in a resort area with low rent and a terrific sales trend! Papa John's is recognized as the leader in the pizza segment with 4,700 units operating throughout the world. Financial requirements are a minimum net worth of $750k and $250k liquid.
Asking Price
$700,000
Cash flow
$55,200
Revenue
$552,000
Down
$169,000
Posting: 282855 | Available | 4/11/24
Price reduced! For sale is a delicious Papa John's pizza franchise located in the Pomona area. It is fully equipped with everything you need. There is a large walk-in refrigerator too. It has a low rent of only $3,800/month, NNN included, and a lease of 5 years + a 5 year option.
Asking Price
$189,000
Cash flow
Call/Email
Revenue
$726,873
Down
Call/Email
Posting: 278987 | Available | 12/8/23
This is an opportunity to own a pizza franchise with heavy foot traffic in San Jose! It is an opportunity located on the grounds of Silicon Valley's second-largest shopping center and attracts both residents and visitors to the Bay Area who are eager to shop, dine and explore entertainment.
Asking Price
$50,000
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
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
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
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.
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.
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.
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.
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.
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.
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...
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!
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.
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.
First impressions are critical when selling a business - ask any potential business buyer. Peter Siegel, Founder Of BizBen explains why all potential small business sellers need to make sure that first impression is a good one.
To start a business or try something new, starting a franchise business is a great option. In this blog, we'll break down everything you need to know about buying a franchise in simple, easy-to-understand terms. This guide is for business owners, whether experienced or new.
Most owners know that when choosing a broker to help sell your business, it's good to find out about his or her background and maybe get some references of people who've worked with the professional. Before signing a listing agreement, it helps to know these extra things about the business broker.
With the economy in growth mode, many owners of small companies who are ready to retire or invest in another enterprise would be smart to offer their business for sale. But some insist on hanging on as owner just a little bit longer. And that might be a mistake. Three reasons people make this error.
Unlike a traditional brick and mortar business, selling a home business requires more finesse on the part of the seller. You really need to do your due diligence and prepare the business to be sold in order to make it attractive to a buyer. Here are my tips to achieving a successful sale.
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.
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.
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.
Despite challenges in the business for sale marketplace, some of the brokers who make a living by facilitating a deal between buyer and seller are known to stand in the way of a completed transaction because of some outdated ideas. Too bad they put greed ahead of the needs of their clients.
The idea to have a buying a business checklist follows the adage that it's always useful to start with a plan when searching to buy a small business for sale. Peter Siegel, MBA Founder of BizBen.com and top advisor of the BizBen ProBuy Program suggests six items for all business buyers to utilize.
The key to finding the ideal business broker or agent and selling a small business is asking the right questions and getting the right answers back! Peter Siegel, MBA with BizBen & several top business brokers and agents in California (ProIntermediaries) contribute to this topic to assist sellers.
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.
