Cash flow
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Revenue
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$295,000
Posting: 284306 | In Escrow | 3/23/24
This legendary Japanese restaurant is one of the oldest continuously operating Japanese restaurants in California. Its sales have significantly increased since being featured on various social media platforms. The seller is willing to provide support after the completion of the training term.
Asking Price
$295,000
Cash flow
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Revenue
NA
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Posting: 283641 | Available | 3/23/24
Located in a major shopping center in North San Diego City (92127) is an Italian cuisine restaurant with a full cocktail bar (type 47 license). It consists of 4,500 sf and seats 160 inside. 1,100 sf is covered and the heated patio seats 80, ideal for private parties and special events.
Asking Price
$155,000
Cash flow
$480,000
Revenue
$1,900,000
Down
$1,250,000
Posting: 285811 | Available | 3/23/24
This bar and grill (with entertainment) is well-known and is the favorite place to eat and have a cocktail or two for many local residence and workers around the area. It is located on a large center with plenty of parking. They have a full kitchen with well maintained equipment.
Asking Price
$1,250,000
Cash flow
Call/Email
Revenue
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$170,000
Posting: 285804 | Available | 3/23/24
Tangible Asset Sale! This is one of the best lease terms I've ever encountered! The base rent is exceptionally affordable, with no annual increases until the current lease expires. The kitchen is well-equipped, featuring a 9-foot hood, a grease trap, and kitchen equipment in excellent condition.
Asking Price
$170,000
Cash flow
Call/Email
Revenue
$5,800,000
Down
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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
$200,000
Revenue
$1,305,000
Down
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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
$324,000
Revenue
$2,320,000
Down
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Posting: 283353 | Available | 3/22/24
It had a strong pandemic recovery with a long-term lease. This opportunity is a turnkey opportunity! Denny's Inc. has over 1,600 quality full-service Denny's restaurants across the United States. 1 million dollars net worth with at least $500K liquid. Restaurant experience required.
Asking Price
$885,000
Cash flow
Call/Email
Revenue
$1,500,000
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Posting: 284132 | Available | 3/22/24
This very attractive Italian restaurant offers a striking interior and boasts 4,518 sq.ft. It is located in a charming foothill village area, in the San Gabriel Valley, surrounded by restaurants and shops. Which makes for a very walkable area and city center.
Asking Price
$325,000
Cash flow
$160,435
Revenue
$1,232,233
Down
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Posting: 283656 | Available | 3/22/24
Extremely attractive Mexican family restaurant with full liquor and a community favorite for over 40 years! Offering an incredible lease through 2042, with only 2% annual increases every five years. An expansive remodel was completed in 2022 with new equipment, flooring, new lighting & much more!
Asking Price
$375,000
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Posting: 284519 | Available | 3/22/24
This charming, well-established pub presents an ideal opportunity for a brewery aiming to broaden its reach or a culinary artist seeking a starter kitchen. Alternatively, it's an established start for your own entrepreneurial vision. The Placerville Public House has a loyal following.
Asking Price
$475,000
Cash flow
Call/Email
Revenue
$600,000
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Posting: 285783 | Available | 3/22/24
This is a large Mexican restaurant for sale in Mountain View tucked away from San Antonio shopping center and other busy areas. It is a free standing building serving coastal Mexican food with lots of seafood. The vibes inside are extremely authentic- Spanish spoken everywhere.
Asking Price
$168,000
Cash flow
Call/Email
Revenue
$205,000
Down
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Posting: 283249 | Available | 3/21/24
This grill and deli has been a fixture in the community for over 35 years as a breakfast and lunch restaurant. It is well decorated and consists of approximately 1,500 square feet and a full kitchen including a Type 1 hood and grease trap. All equipment is owned and included in the sale price.
Asking Price
$149,000
Cash flow
$192,000
Revenue
$1,080,000
Down
Call/Email
Posting: 277174 | Available | 3/21/24
A motivated seller is offering this well-established and charming one-of-a-kind American restaurant in Santa Clarita. The location is great and parking is spacious. This restaurant has lots of potential to increase revenue in many ways. It is an excellent family-friendly dining restaurant.
Asking Price
$455,000
Cash flow
$192,000
Revenue
$1,080,000
Down
Call/Email
Posting: 284136 | Available | 3/21/24
This location is great as the parking is huge and this is hands down the best breakfast and lunch restaurant in the area. The restaurant is super clean and a nice place to enjoy the delicious breakfast and lunch with the family and friends. Food quality is unprecedented, excellent, and incredible.
Asking Price
$450,000
Cash flow
Call/Email
Revenue
$720,000
Down
$110,000
Posting: 275092 | Available | 3/21/24
This is a newly remodeled and well-established sushi restaurant in the affluent community of Simi Valley. It has a great response of 4.5 stars on Yelp from regular clients. Its size is 2,000 sq. ft with a patio with the current rent of $8,500 including NNN and plenty of parking spaces.
Asking Price
$245,000
Cash flow
Call/Email
Revenue
$960,000
Down
$130,000
Posting: 280280 | Available | 3/21/24
For sale is a great and well-established sushi restaurant in the affluent and still-growing community of Thousand Oaks. It has a great rent of $4,950 including NNN for 1,200 sq ft with a spacious outside patio. its current monthly sale is $80,000 with Sundays closed.
Asking Price
$395,000
Cash flow
Call/Email
Revenue
$636,013
Down
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Posting: 284988 | Available | 3/21/24
Discover a unique and lucrative opportunity with this listing, featuring not one, but two businesses under one roof. Step into the charm of an established breakfast and brunch restaurant, nestled in the heart of a historic downtown in South Bay/Silicon Valley.
Asking Price
$295,000
Cash flow
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Revenue
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Posting: 285755 | Available | 3/20/24
This is a Mediterranean restaurant for an asset sale. It was remodeled and built out 1 year ago. This restaurant is located in the strip center on busy Travis Blvd. The size is 1,900 sq ft and rent is $3,700 including NNN, water and garbage. There's a fully equipped kitchen with a 10-foot hood.
Asking Price
$149,999
Cash flow
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Revenue
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Posting: 285754 | Available | 3/20/24
This is a free standing building restaurant for sale with real estate. This restaurant located in the boarder line of Fremont and Newark (very close to Highway 880). The lot size is 1.66 acres and the building is 9,900 sq ft. The building was built in 1986. This is the price for the property + menu.
Asking Price
$7,699,999
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
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Posting: 278870 | Available | 3/20/24
A newly remodeled restaurant with a turn-key condition and up to code. It is located at a high-foot-traffic shopping center with some nationally known anchor tenants. It has a beautifully designed dining area. The kitchen has a 15' hood, a walk-in cooler, and new equipment. It is 1,417 square feet.
Asking Price
$170,000
Cash flow
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Revenue
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Posting: 282454 | Available | 3/20/24
For sale is a Chinese restaurant with a stable customer base in an upscale area. It is in a high-foot-traffic shopping center with many notable stores and restaurants. They have ample parking spaces, a beer and wine license, and a good size dining room. The kitchen has a 20-foot hood. 2000 sq.ft.
Asking Price
$165,000
Cash flow
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Posting: 283592 | Available | 3/20/24
For sale is a well-equipped restaurant. There is a good atmosphere, a dining room, and a preparation area. The kitchen has an 18-foot hood, stovetop, stock pot ranges, wok station, dishwasher, ice maker, sinks, walk-in cooler, walk-in freezer, fridges, ADA restroom. 1600sf. Rent is $4500.
Asking Price
$120,000
Cash flow
Call/Email
Revenue
$550,000
Down
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Posting: 273277 | Available | 3/20/24
For sale is a well-established sushi restaurant in the affluent and dynamic beach community of Hermosa Beach. It has a great rent of $5,500 including NNN for 1,100+ sq ft. with plenty of parking spaces in the lot. its current monthly sale is $45,000 open for dinner only due to the employee shortage.
Asking Price
$175,000
Cash flow
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Revenue
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Posting: 285737 | Available | 3/20/24
This restaurant is in a great location. It is in a shopping center with some of notable retail stores and ample parking. It was built up from scratch in 2016. They have a beer and wine license. There is a good size dining area. It has a well-stocked kitchen. The lease has 6 years left.
Asking Price
$260,000
Cash flow
$124,000
Revenue
$739,354
Down
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Posting: 285726 | Available | 3/20/24
This well designed restaurant and bar is located in a very desirable city in Southern Marin County. There is a separate bar area and two dining room areas and an outdoor parklet seating area which seats 40. The second dining room can also be used as a banquet area. The profit is strong at $124,000.
Asking Price
$295,000
Cash flow
$403,483
Revenue
$3,620,482
Down
Call/Email
Posting: 285725 | Available | 3/20/24
This is among one of the best known restaurants in the County of Alameda and has been successful for decades. The business has been pre-qualified for an SBA loan so the buyer would only have to come up with as little as 15 to 20% of the purchase price of the business.
Asking Price
$1,838,000
Cash flow
$300,000
Revenue
$4,554,948
Down
$2,400,000
Posting: 279813 | Available | 3/19/24
This is a high-grossing restaurant & banquet facility along with outside catering for sale. The restaurant and real estate will sell together. It is appropriate for experienced restaurateurs/event planners. This is a full-service restaurant with a type 47 liquor license and banquet facilities.
Asking Price
$8,000,000
Cash flow
$40,450
Revenue
$506,249
Down
$150,000
Posting: 286130 | Available | 4/23/24
Asset Sale Opportunity: Unlock the door to your culinary dreams with this enticing opportunity! Nestled in the heart of Sacramento this charming restaurant is now available for acquisition. Boasting a warm ambiance and a reputation for exquisite cuisine.
Asking Price
$150,000
Cash flow
$219,950
Revenue
$219,950
Down
$2,900,000
Posting: 283295 | Available | 4/21/24
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
$120,000
Revenue
$840,000
Down
$338,000
Posting: 282386 | Available | 4/25/24
For sale is a charming oyster bar, nestled in the heart of a renowned beach community's bustling restaurant row. With its prime location and inviting front patio, this establishment radiates a vibrant ambiance and boasts tasteful improvements. It comes with an active Type 41 ABC license.
Asking Price
$338,000
Cash flow
Call/Email
Revenue
$1,000,000
Down
Call/Email
Posting: 286054 | Available | 4/22/24
For sale is a Mexican restaurant that is located inside a major shopping center with a supermarket anchor. No other Mexican restaurants in the complex & cannot open a new Mexican restaurant according to our lease agreement. There is plenty of parking. It has a beer & wine license.
Asking Price
$439,900
Cash flow
$475,000
Revenue
$3,000,000
Down
Call/Email
Posting: 267141 | Available | 4/23/24
For sale are two bagel and sandwich shops that are available. They are in excellent commercial areas that have a hospital and residents that are high and middle-income. 2022 Year to Date made approximately $3 Million / Pandemic approximately $2.7 million plus 2020.
Asking Price
$1,675,000
Cash flow
Call/Email
Revenue
$4,500,000
Down
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Posting: 285309 | Available | 4/24/24
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
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Posting: 284472 | Available | 4/24/24
This is an exceptional restaurant & banquet facility for sale! This is a full-service banquet facility with ABC Type 47 liquor license & ABC Type 58 for catering. They have a seating capacity of over 360. There is vast parking space for guests and it is easily accessible from major freeways.
Asking Price
$4,500,000
Cash flow
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Posting: 285056 | Available | 4/25/24
Experience the epitome of elegance and refinement at our renowned establishment, where breathtaking views, exquisite dining, and a romantic ambiance converge to create an unparalleled dining experience. It is recognized as the Inland Empire's premier destination for romance and ambiance.
Asking Price
$2,500,000
Cash flow
Call/Email
Revenue
$525,000
Down
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Posting: 285786 | Available | 4/19/24
This established pizza business is known for its premium pizzas and commitment to quality. While the current owner prioritizes quality over quantity, there's ample room for a new owner to convert to their own vision. It is a prime location in a shopping center with high visibility.
Asking Price
$245,000
Cash flow
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Posting: 282809 | Available | 9/13/23
This is a fantastic opportunity to purchase a profitable full-service Japanese restaurant in Poway with type 41 ABC license. Substantial fully fixturized kitchen with sizable hood, commercial ovens, and walk-in fridge and freezer. Located in a neighborhood shopping center with ample parking.
Asking Price
$659,000
Cash flow
Call/Email
Revenue
$600,000
Down
$295,000
Posting: 273003 | Available | 4/23/24
For sale is a cafe/restaurant with a beer & wine license in the foothills of San Gabriel Valley. They are serving fusion food with a unique breakfast & lunch menu. New owners can increase revenues by serving dinner. Business is open 6 days a week from 8 am-2 pm, and Mondays are closed.
Asking Price
$295,000
Cash flow
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Posting: 285872 | Available | 3/27/24
First time on the market in over 30 years! Rare opportunity to capitalize on a longstanding restaurant on main corner with high visibility. Desirable interior features such as open floorplan, high ceilings, spacious bar and abundant dining space inside and on outdoor patios.
Asking Price
$395,000
Cash flow
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Posting: 285636 | Available | 3/13/24
This restaurant is located in a nice retail center with a major supermarket at a prime location near downtown Pleasanton which is near Hwy 680 and the downtown area. There are many homes in this area with lots of people who are often looking for a good restaurant.
Asking Price
$168,000
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
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Posting: 284239 | Available | 12/9/23
For sale is a newly remodeled restaurant at an excellent location in San Jose. They do catering and have an established customer base. It is ideal for a Chinese or Vietnamese Menu. This is the perfect location for the restaurant to thrive on a to-go business plan and has ample space.
Asking Price
$200,000
Cash flow
$192,000
Revenue
$1,080,000
Down
Call/Email
Posting: 284136 | Available | 3/21/24
This location is great as the parking is huge and this is hands down the best breakfast and lunch restaurant in the area. The restaurant is super clean and a nice place to enjoy the delicious breakfast and lunch with the family and friends. Food quality is unprecedented, excellent, and incredible.
Asking Price
$450,000
Cash flow
Call/Email
Revenue
$900,000
Down
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Posting: 281291 | Available | 3/17/24
This is an authentic Mediterranean gyros shop for sale tucked away in a food court blocks from the UC Berkeley campus. This place is known for its delicious Mediterranean plates and Gyros. With a remodeled food court and seating. The gross income a month is roughly around $75,000.
Asking Price
$299,000
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Posting: 285903 | Available | 3/29/24
For sale is a fully built out and operating restaurant located next to Petco Park in Downtown San Diego. The business is extremely busy baseball season and with concerts and events at Petco Park. The seller is willing to transfer lease to a new tenant at no charge.
Asking Price
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Posting: 284607 | Available | 1/10/24
This is a great opportunity to enter the affluent Solana Beach market and join a large and longstanding shopping center. It has a traditional interior design, fully equipped kitchen with wood burning pizza oven and large covered exterior patio with heat lamps.
Asking Price
$350,000
Cash flow
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Revenue
Call / Email
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$150,000
Posting: 273560 | Available | 9/7/23
This is a Japanese sushi & roll restaurant in Garden Grove, Orange County for sale. There is a sushi bar with 8 chairs. They have an excellent dining area layout. There are 2 sushi cooler cases. They have very convenient, spacious parking. There is a long term lease for 10 years + 5 years.
Asking Price
$300,000
Cash flow
Call/Email
Revenue
$1,620,000
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Posting: 285971 | Available | 4/3/24
This is a Korean BBQ restaurant for sale. This restaurant is located in the busy strip center. Currently operating as a semi-absentee-run business. Monthly gross is $135,000. Rent got lowered and paying $17,500. There's a fully equipped kitchen with 19 feet hood walk-in cooler and walk-in freezer.
Asking Price
$739,999
Cash flow
$133,000
Revenue
$918,000
Down
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Posting: 284745 | Available | 4/19/24
This Chinese restaurant is an old-fashioned eatery preparing hearty, family-style Chinese meals for dine-in or carryout. Over 33 plus years in town, a local favorite is located in a strip center anchored by major national tenants, and other local retailers. There is ample parking to accommodate.
Asking Price
$350,000
Cash flow
$80,000
Revenue
Call/Email
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Posting: 285093 | Available | 4/9/24
For sale is a thriving turnkey operation providing an enticing entry into California's esteemed wine community. With a $150,000 build-out completed in 2020, this establishment boasts a welcoming ambiance and top-notch amenities, including all furniture, fixtures, and equipment.
Asking Price
$249,000
Cash flow
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Revenue
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Posting: 281251 | Available | 3/25/24
For sale is a 17-year established restaurant/cafe in SOMA in SF near AT&T park, Cal Train station, and Safeway. seller is averaging $800- $1000 a day in sales from Monday -Friday 5:30 am to 3 pm, closed on weekends. The lease amount is subject to change.
Asking Price
$99,000
Cash flow
$300,000
Revenue
$1,440,000
Down
$360,000
Posting: 285996 | Available | 4/5/24
For sale is a high net profit, absentee-run Thai restaurant near Hollywood, Los Feliz. The annual sales are approximately more than $1.4M. Dinner only with a BW license. The store size: 1,700 sq. ft. It has an excellent reputation for live music. SBA loans are possible for qualified buyers.
Asking Price
$885,000
Cash flow
$250,000
Revenue
$1,417,423
Down
$300,000
Posting: 276416 | Available | 1/22/24
For sale is an American burger & specialty food restaurant with a hard liquor sports bar in San Clemente. Located near Beach. Has cocktail bar, which sells more than 25% of the total sales. The store size is 4,800 sq ft. There is a separate parking space which fits around 30 cars. It has good rent.
Asking Price
$775,000
Cash flow
$120,000
Revenue
$760,000
Down
$140,000
Posting: 269809 | Available | 8/29/23
For sale is a Thai restaurant with beer and wine license. This is a good space for a Vietnamese pho restaurant as there is an exclusive lease contract for a pho restaurant in the mall. It is open 6 days a week. They have a 13-year-old history. The store size is 1,600 sq ft. Good rent condition.
Asking Price
$270,000
Cash flow
$132,000
Revenue
$950,000
Down
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Posting: 284551 | Available | 4/22/24
For sale is an established soul food restaurant near So-Fi stadium. It is a semi-absentee money maker. The annual sales are $950K. We are looking for an entrepreneur who can utilize the potential to take this venture to the next level with so many development projects nearby.
Asking Price
$450,000
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
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.
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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
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
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.
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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.
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.
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.
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.
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.
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.
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.
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.
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!
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.
A business buyer in our ProBuy Program searching to buy a business asked me to sum up what I though the biggest mistakes business buyers make when they search for and bought a small business. I asked ProIntermediaries on BizBen their thoughts on the matter and received a diverse response.
The 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 business can be a confusing and/or frustrating process for many buyers. Statistics show that over 80% of all buyers never end up buying a business. The ProBuy Program assists potential buyers with the process of finding, evaluating & buying a small to mid-sized business.
Peter Siegel, MBA - BizBen.com & SBALoanAdvisors.com Founder discusses the difference between a hands on owner and an absentee owner. It covers why someone would want to be an absentee owner and then goes on to discuss the pros and cons of buying an absentee run small to mid-sized business.
Peter Siegel, MBA - Lead Advisor with the BizBen.com ProSell Program discusses critical steps to prepare a small to mid-sized business including: which documents will be needed, key advisors to have involved, pricing the business, and how to attract the right business buyers to your listing.
Peter Siegel, MBA discusses buyers who want to buy a business or franchise know about asking the seller to provide part of the financing with a carry-back note. Many business buyers need some cash to help fund the down payment and for working capital. Here are four ideas about how to get that money.
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.
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.
