Cash flow
Call/Email
Revenue
$576,000
Down
$150,000
Posting: 281306 | Available | 8/29/23
This is a Japanese ramen restaurant in Alhambra for sale. The store size is 1,250 sq ft. There is a long-term lease. The manager & employees are operating. This is currently an absentee-run business and the current owner has been operating for 4 years. The ramen's average price is approximately $17.
Asking Price
$160,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 278029 | Available | 8/21/23
These 8 restaurants have been run by employees. These eight restaurants are located in busy areas in Los Angeles County. Five restaurants are freestanding and two are end-caps. These American-style Vietnamese food restaurants are phenomenal.
Asking Price
$1,500,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 282237 | Available | 8/16/23
5-Day Cafe in Hgh-Rise in Long Beach downtown on the ground floor. They have extra storage using free and patio. Surrounded by many corporate offices, Government offices, a big hotel next door, and a lot of condos across the street.
Asking Price
$159,000
Cash flow
$108,000
Revenue
$360,000
Down
$59,000
Posting: 282193 | Available | 8/14/23
For sale is a pizza store in Gardena that has a monthly average of $30,000 and the net is $9,000. It is open 6 days a week (closed Tuesdays) and there is big potential to increase sales as it already has a stable income. It has been easily operating for 18 years. They do online and pick up orders.
Asking Price
$118,000
Cash flow
$98,000
Revenue
$600,000
Down
Call/Email
Posting: 282021 | Available | 8/7/23
This Bangladeshi cuisine in K-town offers a profitable, unique concept serving a wide variety of delicious options and the food is absolutely incredible, phenomenal, and out of this world. This is hands down the best chicken wings in K-town and this restaurant is a bomb and a diamond in rough.
Asking Price
$249,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 277266 | Available | 8/2/23
This is an authentic Thai restaurant for sale in Los Angeles. It is located in Pico Union/Koreatown/Mid-Wilshire of Los Angeles county. It is a hidden gem and a local favorite with many positive reviews on Yelp. It is approximately 1,200 sq ft. with seating for 40. The lease amount is $3,750.
Asking Price
$140,000
Cash flow
$306,000
Revenue
$2,349,716
Down
Call/Email
Posting: 279865 | Available | 7/26/23
This restaurant is located in a residential neighborhood of the east-central region of Los Angeles, northwest of downtown, bordered by Silver Lake to the west and Chinatown to the east boasting annual profits of $306,000. It has a menu full of American and European.
Asking Price
$750,000
Cash flow
Call/Email
Revenue
$325,000
Down
Call/Email
Posting: 281764 | Available | 7/24/23
Located at a major intersection with a lot of walking traffic The owner works less than 25 hrs a wk. Potential to increase business with more marketing. The owner has been at the same location for over 20 years and now is preparing for retirement. Store size 936 SF, Rent $3,000 PM.
Asking Price
$175,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281549 | Available | 7/8/23
San Fernando Valley Restaurant Turn - Key Busy Location. Operating in the same prime location since 1992, this high-trafficked, Van Nuys eatery brings Southern hospitality and Creole soul recipes to Los Angeles.
Asking Price
$99,000
Cash flow
Call/Email
Revenue
$1,948,000
Down
Call/Email
Posting: 281556 | Available | 7/8/23
San Fernando Valley Restaurant Turn-Key Busy Location. Operating in the same prime location since 2015, this high-trafficked, Tarzana eatery with an extensive fish menu, breakfast selection, and salads has been generating a healthy $2 million in annual revenue.
Asking Price
$165,000
Cash flow
$56,608
Revenue
$283,039
Down
$119,400
Posting: 279450 | Available | 7/6/23
Yissy's Ice Cream is an ice cream distributor selling wholesale to businesses and retailing at our warehouse location. We distribute only the highest quality products. All of our products and processes exceed the State of California health and safety Standards. Our warehouse is open to the public.
Asking Price
$199,000
Cash flow
$280,343
Revenue
$1,401,716
Down
$360,000
Posting: 279037 | Available | 7/5/23
Jinky's Cafe/Restaurant is in a high corner location on busy Ventura Blvd in Sherman Oaks, Ca. This restaurant is well known for breakfast and lunch. On weekends, there is a waiting period for guests to get a table. Jinky's Cafe has been established for over 20 years.
Asking Price
$600,000
Cash flow
$292,940
Revenue
$1,464,704
Down
$450,000
Posting: 279036 | Available | 7/5/23
Jinky's Cafe/Restaurant is located in bustling Santa Monica, next to 3rd Street Promenade and a block away from Beach. This restaurant is well known for breakfast and lunch. Jinky's Cafe has been established for over 20 years. For a hands-on owner, there are many ways to increase business.
Asking Price
$600,000
Cash flow
$408,328
Revenue
$2,041,642
Down
$450,000
Posting: 279003 | Available | 7/5/23
Jinky's Cafe/Restaurant is in a highly visible corner location on Ventura Blvd in Studio City, CA, close to CBS Studios. This restaurant is well known for breakfast, lunch, and dinner items. Jinky's Cafe has a well-established name for over 20 years.
Asking Price
$600,000
Cash flow
$100,654
Revenue
$503,274
Down
$180,000
Posting: 278615 | Available | 7/5/23
Grizzly Bear's Burger is a well-established restaurant for a long time. It is a highway location off of the 14 Freeway. It has a drive-thru that is hard to find these days. It has a very simple menu that attracts a lot of freeway traffic. Currently, it is completely absentee-run.
Asking Price
$300,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 268953 | Available | 6/29/23
This catering service company provides set catering services to major Hollywood, movie, and TV, studios, and productions at ABC, NBC, and CBS. The company is based in Van Nuys. The current seller is willing to stay on for 3-6 months, to assist new buyers to establish and maintain relationships.
Asking Price
$1,950,000
Cash flow
$300,000
Revenue
$1,140,000
Down
$300,000
Posting: 281113 | Available | 6/8/23
Open 6 days Mon-Sat 11.00 am-8.30 pm. The seller has operated for 19 years now. SBA loan is possible for qualified buyers. very prime location and heavy traffic, plenty of parking space. Easy operating and seller provide complete training.
Asking Price
$615,000
Cash flow
$180,000
Revenue
$850,000
Down
All Cash
Posting: 280767 | Available | 5/16/23
Well established over 18 years Korean Tofu House is located in a very busy shopping center in the Arcadia area. The current owner is ready for his retirement due to his age and health problem.
Asking Price
$399,000
Cash flow
$743,093
Revenue
$4,285,169
Down
Call/Email
Posting: 280464 | Available | 4/30/23
Est 1964 - Iconic Breakfast, Lunch, and Dinner Restaurant Located in Los Angeles County with Hard Liquor License. This restaurant has been serving from-scratch American and south-of-the-border favorites in this truly unique building since 1964.
Asking Price
$2,500,000
Cash flow
$150,000
Revenue
$400,000
Down
Call/Email
Posting: 280460 | Available | 4/28/23
Well-established beautiful Cafe located on very busy Melrose Avenue. The current owner is an original who built this Cafe and has to sell it quickly due to your surgery soon.
Asking Price
$299,000
Cash flow
$72,000
Revenue
$264,000
Down
Ask
Posting: 268836 | Available | 4/24/23
This is hands down the best boba the quality is unprecedented, mouthwatering and delicious. This boba store has an outstanding business reputation with a genuinely local customer base. This is a great opportunity to take over this well established and outstanding business.
Asking Price
$125,000
Cash flow
$240,000
Revenue
$1,080,000
Down
Call/Email
Posting: 280346 | Available | 4/24/23
A well-established business in Los Angeles County. Well-recognized branding. Highly profitable. Great location within a large shopping center with nationally anchored tenants.
Asking Price
$550,000
Cash flow
$348,000
Revenue
Call/Email
Down
$520,000
Posting: 280329 | Available | 4/21/23
This is a Japanese Restaurant in a good location and neighborhood. Opening hours are short. The asking price is $1,300,000. It is good for a highly experienced buyer of Japanese Restaurants. Net income is about $29,000.00/Month.
Asking Price
$1,300,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call / Email
Posting: 279979 | Available | 3/31/23
Profitable banquet hall in Glendale, CA: 8500 ft of elegant space, including a large kitchen & banquet hall for up to 300 guests. Prime location, fully equipped, and turn-key for any event
Asking Price
$1,400,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 276690 | In Escrow | 3/23/23
For sale is a state-of-the-art restaurant space in downtown Long Beach with a lot of foot traffic. The size is 2,400 sq. ft. There is a large event space in the back that can hold 100 or more people. Landlord proposes $4500/Mo rent. All FF&E dates are from 2016.
Asking Price
$150,000
Cash flow
$180,000
Revenue
Call/Email
Down
Call/Email
Posting: 275064 | Available | 3/5/23
This is a fusion teriyaki restaurant for sale in Los Angeles County, CA. It is located in a dense retail corridor in the Orchard Shopping Plaza. The rent is $3,900 with 9.5 years on the lease remaining. The present owner has been running it for over 5 years. They have a triple net leased property.
Asking Price
$295,000
Cash flow
Call/Email
Revenue
$6,000,000
Down
$25
Posting: 276422 | Available | 3/4/23
This is a well-established, high-volume seafood & Asian fusion restaurant for sale located in a very busy shopping center in San Fernando, Los Angeles County, CA. It is a 100% absentee-run business with so much potential to increase the current sales volume. The annual sales are over $6,000,000.
Asking Price
$2,200,000
Cash flow
$121,000
Revenue
$576,000
Down
$399,000
Posting: 278600 | Available | 3/4/23
Jinky's Coffee Shop/Restaurant in a highly visible corner location in Santa Monica Promenade. Ocean view from the front of the shop. Newly established for approximately 2 years. Previously was a Coffee Bean and Tea Leaf store. Lots of potential to grow. Lunch and dinner items can be added.
Asking Price
$499,000
Cash flow
$219,950
Revenue
$219,950
Down
$2,900,000
Posting: 283295 | Available | 5/12/24
This Silverlake restaurant and bar with liquor, onsite parking, and excellent street visibility boasts what may arguably be the most coveted outdoor patio in the area. The venue has 3 dining areas that open into an adjacent bar and outdoor patio. The corner property is included!
Asking Price
$2,900,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 285637 | Available | 5/12/24
This is a great opportunity to get into the bar business. This establishment has been around for over a decade. The neighborhood bar is located in a vibrant setting surrounded by multiple restaurants and other bars. This bar is known for creative and fun cocktails. A local iconic spot with regulars.
Asking Price
$399,999
Cash flow
Call/Email
Revenue
$4,500,000
Down
Call/Email
Posting: 285309 | Available | 5/15/24
Situated at a prime corner spot on a bustling main block in Los Angeles, this establishment resonates with rich global influences, creating a unique and inviting atmosphere. Boasting adaptable space accommodating up to 140 guests, the venue features timeless design elements.
Asking Price
$825,000
Cash flow
$200,524
Revenue
$1,314,394
Down
$285,000
Posting: 285041 | Available | 5/16/24
This greater Silverlake/Glendale area market combines a carefully curated assortment of natural and organic wines, beers, spirits and beverages, food, merchandise and home goods with organic produce, breads and specialty provisions sourced locally to ensure freshness.
Asking Price
$285,000
Cash flow
$131,973
Revenue
$276,507
Down
$260,000
Posting: 285719 | Available | 5/18/24
This burgeoning Encino eatery is the quintessential 5-day deli opportunity that boasts solid earnings despite its abbreviated operating hours. The venue, which is known for its high foot traffic location and inviting atmosphere, provides a cozy space.
Asking Price
$225,000
Cash flow
$197,904
Revenue
$2,137,548
Down
$70,000
Posting: 280186 | Available | 4/15/24
SBA approved! Don't miss this fantastic, urban, coastal restaurant and sports bar, a well-established destination for locals and visitors alike. Located in a bustling, walkable area of the city, the restaurant boasts multiple attractive patios in a beautiful setting and lively atmosphere.
Asking Price
$450,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 276264 | Available | 9/12/22
Beer and wine market. Sales are $42,000/month. Semi-absentee run. Extra income is $37,500/year from lotto. Rent is $2,500. Current owner has ran for 17 years. Number of parking spots. Business hours are 8:30am - 9:30pm. Located in Los Angeles. Hispanic area. Good for first time buyer.
Asking Price
$195,000
Cash flow
$122,262
Revenue
$631,735
Down
$350,000
Posting: 283230 | Available | 3/11/24
This Long Beach area bar caters to a diverse community with a host of near-nightly events that include karaoke, shows, and dancing. The venue boasts a stellar location with excellent visibility, parking, an outdoor patio and dance, the coveted entertainment, dance, and cabaret entitlements.
Asking Price
$275,000
Cash flow
Call/Email
Revenue
$1,668,000
Down
Call/Email
Posting: 283372 | Available | 10/16/23
This restaurant is a comfortable place for customers to relax and socialize while enjoying the phenomenal, exceptional, amazingly delicious food. This restaurant has an ambiance that makes customers comfortable and pleases them enough to make them want to return to this restaurant
Asking Price
$630,000
Cash flow
$90,000
Revenue
$324,000
Down
Call/Email
Posting: 286536 | Available | 5/12/24
This restaurant is located in a plaza with a total of 5 restaurants. There is a lot of potential with a large parking lot and many customers visiting the restaurant. It is currently only open 5 days a week, but sales are expected to increase if it opens on Saturdays and Sundays.
Asking Price
$149,000
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
$160,000
Revenue
$650,000
Down
Call/Email
Posting: 282169 | Available | 4/20/24
Established in 1977 is this Italian restaurant with a beautiful build-out, equipped with a full liquor license. It is well-known for great food, great service, great wine selection, and liquor. It is open for dinner only and open 6 days a week with very short business operating hours 4 pm to 9 pm.
Asking Price
$395,000
Cash flow
$126,000
Revenue
$672,000
Down
$290,000
Posting: 285306 | Available | 4/20/24
Established in 1995, this well-known Chinese restaurant situated on Ventura Blvd in Woodland Hills offers a fantastic opportunity for a full-time owner-operator or owner-chef operator. With a prime location and ample parking in the rear, the restaurant boasts great potential for expansion.
Asking Price
$290,000
Cash flow
$192,000
Revenue
$660,000
Down
$388,000
Posting: 286050 | Available | 4/8/24
Nestled next to brand-new apartment buildings, the cafe enjoys a steady flow of potential customers right at its doorstep. With the influx of new residents, it is poised for remarkable growth. Operating five days a week, the cafe has cultivated a stellar reputation on Yelp.
Asking Price
$388,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 282237 | Available | 8/16/23
5-Day Cafe in Hgh-Rise in Long Beach downtown on the ground floor. They have extra storage using free and patio. Surrounded by many corporate offices, Government offices, a big hotel next door, and a lot of condos across the street.
Asking Price
$159,000
Cash flow
Call/Email
Revenue
$420,000
Down
$118,000
Posting: 285716 | Available | 4/29/24
This is a 6 day open Asian noodle shop in Alhambra for sale. It has very busy traffic & is a crowded client location. This would be a good space for Japanese ramen. The store size is 1,250 sf. It is located next to Wendy's & Lee's Sandwiches. It was recently remodeled and now has new interior.
Asking Price
$118,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285770 | Available | 4/22/24
Take advantage of this great opportunity to obtain a staple restaurant here in the Antelope Valley. Placed on 6.9 acres of land! Just two blocks away from highway 138. This is a great location to offer truck parking or to convert to a truck stop with the already existing restaurant.
Asking Price
$1,375,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$45,000
Posting: 285979 | Available | 5/16/24
For an asset sale located in South Los Angeles is a fish and chips restaurant in a free-standing building that is 390 sq ft. for a rent of $2,500. There is a hood & walk-in cooler.
Asking Price
$45,000
Cash flow
$98,000
Revenue
$600,000
Down
Call/Email
Posting: 282021 | Available | 8/7/23
This Bangladeshi cuisine in K-town offers a profitable, unique concept serving a wide variety of delicious options and the food is absolutely incredible, phenomenal, and out of this world. This is hands down the best chicken wings in K-town and this restaurant is a bomb and a diamond in rough.
Asking Price
$249,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$600,000
Posting: 283217 | Available | 4/30/24
For sale is a high-end convenience store with beer, wine, coffee, and a deli. This is a take-out restaurant business with great net profit/income. The amazing location has no competition. Call for more info. Buyers only please.
Asking Price
$1,490,000
Cash flow
Call/Email
Revenue
$2,000,000
Down
Call/Email
Posting: 281576 | Available | 11/21/23
This is a high-end Chinese restaurant with a hard liquor #47 license. The size is approximately 7,000 sq. ft and rent is $21,000 including NNN. The lease is a 9-year + 10-year option. It is a 100% absentee-run business with so much potential to increase the current sales volume.
Asking Price
$750,000
Cash flow
Call/Email
Revenue
$1,440,000
Down
Call/Email
Posting: 286499 | Available | 5/9/24
For sale is a great and well-established Korean restaurant in the affluent and dynamic Valley community of Los Angeles. It has a great rent of $9,000 including NNN with plenty of parking spaces in the lot. its current monthly sale is $120,000. Its location is in the busy area.
Asking Price
$650,000
Cash flow
Call/Email
Revenue
$972,000
Down
$100,000
Posting: 285565 | Available | 5/16/24
For sale is a well-established and famous Korean bibimbap place at Culver City shopping mall where it is busy all the time. Its monthly sale is about $81,000+. Its rent is $22,000 includes NNN, electricity, and storage. It is easy to operate and manage as it is absentee-owned.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$150,000
Posting: 285711 | Available | 3/19/24
Tangible Asset Sale! This restaurant is situated on the bustling Vine Street in Vine Street. The kitchen is well-equipped with a 10-foot hood, and other top-quality facilities for kitchen operations. Included in the sale is a Type 41 beer and wine license. Ample parking spaces are available.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284682 | Available | 5/2/24
For sale is a fully-equipped brewery, kitchen, and bar in the Old Town Torrance area. Type 23 ABC license. You can brew your own beer here to sell wholesale nationwide or sell it on-site in the restaurant and bar. There's a stage in the bar and dining area for live music & patio dining is included.
Asking Price
$450,000
Cash flow
$72,000
Revenue
$264,000
Down
Ask
Posting: 268836 | Available | 4/24/23
This is hands down the best boba the quality is unprecedented, mouthwatering and delicious. This boba store has an outstanding business reputation with a genuinely local customer base. This is a great opportunity to take over this well established and outstanding business.
Asking Price
$125,000
Cash flow
Call/Email
Revenue
$360,000
Down
Call/Email
Posting: 282975 | Available | 11/20/23
Opportunity to build an existing meal prep business or bring your own concept. Perfect for ice cream, tea, and other dessert concepts. Located in a great location. This location is in an affluent part of the South Bay Area, California.
Asking Price
$50,000
Cash flow
$320,000
Revenue
$2,000,000
Down
$999,000
Posting: 250326 | Available | 5/24/21
This Long Beach bar and restaurant boasts an ideal outdoor patio with an unmatched view, plenty of onsite parking, dance and live entertainment all at a highly attractive lease rate. The venue, which has continuously operated since the mid-1970s, is comprised of several rooms.
Asking Price
$999,000
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
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
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
ProIntermediary, Joe Ranieri (Business Broker) shares what buyers are looking for in this unprecedented market. COVID-19 has made curb appeal more important than ever when selling a restaurant. Sellers still have the power to attract buyers in this market with focus of a few key requirements.
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Lee Petsas, a Southern California business broker addresses how he handles potential business buyers when they request information on a business for sale listing. He gives his strategies and tips for handling and directing business buyer inquiries.
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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.
Any deal when selling a business tends to have a life of its own. Joe Ranieri discusses a restaurant deal in Orange County that has had many twists and turns. This article shows what types of issues can and do come up when selling a business or in this case a restaurant.
Start-up costs are typically so high to build a restaurant from scratch that many current owners prefer to look for an existing restaurant that isn't doing so well and customize it as their own - second location. Joe Ranieri gives tips to restaurant owners buying a second location to expand.
Nothing can be more exciting, and a little daunting for a new owner than finally being handed over the keys to their newly owned restaurant. Many buyers, especially those who have never been business owners before are much too eager to make the restaurant "their own". Overspending can take place.
This question is bound to come up from a seller to a business broker at one point in their relationship. The truth may discourage a seller who desperately needs to sell, because in all honestly, many times in can take months. All restaurants are different - Joe Ranieri, Business Broker explains.
Peter Siegel, MBA discusses buying pizza restaurant for sale tips and what to watch out for. Topics: Owner involvement in the business as pizzerias are most successful when the owner is onsite. Also discussed is the importance of location and reviewing all financial and tax information.
In The New Economy that we are buying and selling and businesses in, finding funding can be the most challenging part of a sale. Many buyers will have limited funding and need to finance a good portion of the sale but what happens when a buyer has NO money? Peter Siegel with BizBen explains how.
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.
Owners often ask agents to sell business offerings for them. It's usually more difficult than selling houses when working to find a buyer for a business, to satisfy contingencies and close escrow. Business sales intermediaries either agents or brokers may want large fees, but often are worth it.
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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.
For starters, a pop-up restaurant is a short-lived dining experience in a temporary location, most found in abandoned factories or warehouses, rooftops, barns, or an already existing restaurant location, so basically anywhere done legally and safely. They exist for a few days, weeks or a few months.
Four factors to consider when buying a bar. Peter Siegel with BizBen.com discusses: The advantages and disadvantages of a bar that serves food as well as liquor. Staffing, inventory control and owner involvement as they relate to a good business are summarized. Benchmarks when looking at financials.
A BizBen blog reader emailed me this question: "I am starting due diligence this week on buying a cocktail bar With a 48 license what should I be asking for, thinking about, watching out for? Is there a list of items I should ask for?" Peter Siegel with BizBen answers this question.
Owning a bar is a fantasy that many can claim. Who hasn't once thought about what it would be like to own and manage the hottest place in town? Like all business investments, there are important factors to consider before you jump in and buy a bar. Peter Siegel, Founder of BizBen.com discusses...
Financing a yogurt shop for sale can be challenging. Here, you'll learn the real scoop behind financing a yogurt shop for sale to help it be profitable from the start. Peter Siegel with BizBen discusses strategies on this topic.
Bakeries service all occasions from weddings, birthdays, retirement, and a whole host of other special occasions. Many bakeries do a brisk retail business, but really make their money in catering. Joe Ranieri a Southern California Business Broker looks at the top tips when trying to sell a bakery.
Californians love coffee, and many will find a way to get their "fix" though out the day. Many opt for convenience when getting their coffee, and when they are unable to make a coffee run, they will buy from a coffee cart. Joe Ranieri discusses all items related how to buy a coffee cart business.
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.
The restaurant business is a tough business to be in, no one can dispute that, and so it's imperative that an owner's equipment is in good working condition. A new owner should make sure that the restaurant's equipment is in good working order before they close escrow. We discuss this topic.
In this Discussion, we define financing options available to potential restaurant buyers when purchasing a small to mid-sized restaurant business (with or without real estate). When it comes to financing a restaurant purchase, potential restaurant buyers have several options to choose from.
Buying a seasonal small business restaurant can be challenging, but Joe Ranieri a business broker restaurant specialist and others in this BizBen Discussion review multiple ways to offset these factors and still get the most from buying and operating a small to mid-sized seasonal restaurant.
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.
What are some reasons a business that was previously on the market with another broker didn't sell? Every broker or agent understands that not every business they list will result in a sale. There can be many reasons small businesses don't sell and many are discussed on this BizBen Discussion post.
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.
My restaurant recently upgraded its beer with wine license to a full-service liquor license, and if I sell, how much can that increase my selling price? A Southern California restaurant broker specialist initiates this discussion and other advisors, business brokers, agents weigh in on this topic.
Ice cream shops are a favorite with buyers of small businesses, but many times don't know what to look for when seeking a purchase of a shop. Joe Ranieri and other intermediaries and advisors share their experience and expertise to potential ice cream shop owners. Explore these tips to learn more.
Butcher shops, once a vestige, are increasingly becoming popular again in many metropolitan and suburban cities. In this Discussion Post on BizBen, Joe Ranieri (Orange County & LA County Business Broker) discusses various issues of buying a butcher shop and what that entails for business buyers.
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.
Can a seller of a small business back out of an ongoing escrow? Probably, yes, it all depends how far along the escrow is, which will dictate how messy things will get for both owner & buyer. Joe Ranieri (Southern California Business Broker) gives his feedback with others on this BizBen Discussion.
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.
Changing hands of business ownership can seem both exciting and daunting to all parties involved, but it's important that a smooth transition occurs to maintain or achieve success of the business. Here are some tips I recommend ensuring things go smoothly when buying a California small business.
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.
Should small business owners/sellers or brokers/agents give potential buyers direct access to past company tax returns and financials (profit & loss statements) either before or pre the due diligence process? Multiple ProIntermediaries and ProAdvisors discuss this topic on this BizBen Discussion.
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.
Overpricing is the number one mistake sellers and their brokers make when putting businesses on the market. Even profitable, well-managed businesses can get buried under a bad number. Brian Loring (Los Angeles County Business Broker) discusses "the tangible trap" and how to avoid it when selling.
A huge part of any exit strategy is properly planning for that moment in time when employees find out the business is for sale or, preferably, has been sold. Your workers have been kept in the dark for as long as possible. Some won't be a bit surprised. Others may be devastated.
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.
