Cash flow
$99,000
Revenue
Call/Email
Down
$199,000
Posting: 284873 | Available | 3/2/24
For sale is a Mediterranean restaurant with a 12' hood on the busiest boulevard in Huntington Beach. It is 1,200 sq ft. inside with some outside seating too. The rent is only $3,060 plus NNN for $550. It has an excellent lease (5+5) and a very nice landlord. There is a full kitchen with everything .
Asking Price
$199,000
Cash flow
Call/Email
Revenue
$1,901,716
Down
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Posting: 285462 | Available | 3/1/24
The Mustard Seed is a "turnkey' business opportunity with 1.8 million annual sales, prime location with nice curb appeal. Located in a well-established area, in the heart of downtown Davis, with shopping and hotels within close walking distance.
Asking Price
$495,000
Cash flow
Call/Email
Revenue
Call/Email
Down
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Posting: 285461 | Available | 3/1/24
This one-of-a-kind establishment, located on a main boulevard, is one of Conejo Valley's most popular gathering spots. Spacious 4,000 square feet and quickly growing revenue. The menu offers only the freshest ingredients for their popular burritos, tacos, salads, tostadas, nachos, and more.
Asking Price
$349,000
Cash flow
Call/Email
Revenue
$2,200,000
Down
$650,000
Posting: 285463 | Available | 3/1/24
This is a very profitable, well-established Chinese restaurant for sale near freeway in San Diego north County. It sits in a center of higher income household area. The 2,995 sq ft. space is great with the ambiance and cozy atmosphere, has large patio space with a rent of $14K.
Asking Price
$650,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$160,000
Posting: 285457 | Available | 3/1/24
For sale is a neat & clean pizza parlor that was built out new in 2021. It is currently a franchise but it will sell without franchise to an independent. It is located on a signalized Huntington beach corner with apartments & residential around. They have new good equipment in place. Price reduced.
Asking Price
$160,000
Bldg Size
2,700 Sq.Ft
Space Being Rented
Call / Email
Year Built
Call / Email
Posting: 285453 | Available | 3/1/24
For lease is an opportunity to own a restaurant with a complete market setup. The present owner is only utilizing the restaurant side of this property but there is a ton of potential to grow business by utilizing the fully equipped grocery store.
Lease Amount
$7,500
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 285452 | Available | 3/1/24
This is an absentee-run ramen restaurant for sale in San Francisco Chinatown. It is a hidden gem on the edge of Chinatown close to cable cars, cafes and shops. The ambiance is lovely, pink led lights and floral arrangements. There are booths, regular tables and bar seating.
Asking Price
$120,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$150,000
Posting: 285444 | In Contract | 3/1/24
For sale is a Vietnamese restaurant in strip center of busy Mira Mesa Blvd. Rent is $4,200 plus NNN by 1,100 sf. The lease has 2 years left, but you may sign a new lease with landlord. There's a fully equipped kitchen type 1 hood, unit cooler/freezer. It is a good location for different concepts.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
$780,000
Down
Call/Email
Posting: 285022 | Available | 3/1/24
For an asset sale of $59,000 is a well-established Asian fusion restaurant. The size is 1,207 sq ft. There is beer and wine. It is FF&E inclusive. There is a storage space mezzanine and an ADA restroom. The base rent is a total of $3,318.38 per month.
Asking Price
$48,000
Cash flow
Call/Email
Revenue
Call/Email
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Posting: 267008 | Available | 3/1/24
The owner is absentee! This is a phenomenal restaurant opportunity! It is located at the corner of heavy traffic downtown San Francisco with Hard liquor licensed included price!
Asking Price
$278,000
Cash flow
Call/Email
Revenue
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Posting: 284774 | Available | 3/1/24
For sale is a well-established, traditional smoked BBQ restaurant that was ranked Best BBQ Restaurants with Best Reviews. The restaurant has good cash flow and lots of catering orders daily. The size is 1,450 sq. ft, a new long-term lease is negotiable. Business hours are 6 days/week.
Asking Price
$299,000
Cash flow
Call/Email
Revenue
$4,600,000
Down
Call/Email
Posting: 284672 | Available | 3/1/24
The owner is absentee!! This Japanese restaurant is in a desirable downtown, excellent prime location, There is private ample parking on site with hard liquor licensed. This is a thriving restaurant with over $4 million/year in gross sales and 10 years of reasonable rent.
Asking Price
$3,990,000
Cash flow
Call/Email
Revenue
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Down
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Posting: 284520 | In Escrow | 3/1/24
This specialty Middle Eastern restaurant was established 3 years ago. The present owner imported some very expensive specialty equipment and this store is only one of two in California that produce this particular type of Persian bread. He also imported specialty equipment for kabob making.
Asking Price
$140,000
Cash flow
Call/Email
Revenue
$960,000
Down
Call/Email
Posting: 278934 | Available | 3/1/24
For sale is a well-established Korean-style pub with a beer and wine license that's located in Fullerton, California.
Asking Price
$400,000
Cash flow
Call/Email
Revenue
Call/Email
Down
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Posting: 285364 | Available | 3/1/24
For sale is a well-established Mexican restaurant located in very busy shopping center on major street Chapman Ave. Currently this restaurant serves breakfast, lunch, and dinner. It is possible for new owner change the menu concept to Chinese fast food, Vietnamese pho, Thai, or other type of food.
Asking Price
$158,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$150,000
Posting: 285398 | Available | 3/1/24
For an asset sale is a great and well-established Asian/Chinese restaurant on South St. in Cerritos. Its size is about 2,100 sq ft, Rent is $12,545 including NNN. It is a newly remodeled, well-maintained restaurant. It has a full kitchen and two restrooms.
Asking Price
$150,000
Cash flow
$110,000
Revenue
$1,100,000
Down
$120,000
Posting: 285436 | Available | 2/29/24
For sale is a fantastic Mexican bar & grill restaurant and it is 100% absentee-run. It in a heavy traffic area in a huge shopping center area with a type 47 liquor license. They have annual sales of $1,100,000 and the annual profit if $110,000. With training & support.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
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Posting: 285429 | Available | 2/29/24
For sale is a well-established pizzeria located in the Heart of Wine Country. Historic Templeton is known for prize winning wines and a tourist destination. It is a main street location with a wine and beer license. It has spacious dining for your enjoyment and a cozy fireplace.
Asking Price
$140,000
Cash flow
$240,000
Revenue
$1,800,000
Down
Call/Email
Posting: 285423 | Available | 2/29/24
A very profitable, well-established Chinese restaurant located in a stripe center of the office, high-tech area with high visibility near freeway in San Diego. The 4,000 sq ft. space has a reasonable monthly rent of $11k (includes NNN) by such a big size. 3 year lease left with options.
Asking Price
$750,000
Cash flow
$130,000
Revenue
$600,000
Down
$100,000
Posting: 281107 | Available | 2/29/24
For sale is a teriyaki restaurant that sells sushi, rolls, and ramen. It is open 6 days a week (Sunday closed) and the hours are from 11am-8pm, so it is easy to run. There are 3 employees every 4 hours and the seller has owned it for 13 years. If opened on Sundays, sales can increase by $10,000.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
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Posting: 280884 | Available | 2/29/24
Here is a rare and special opportunity to own a Japanese restaurant in the heart of Silicon Valley and in the desirable city of Mountain View. Located in a major shopping center, this restaurant is the only Japanese restaurant in this center and has a good reputation with a regular following.
Asking Price
$198,000
Cash flow
$27,647
Revenue
$1,646,683
Down
$100,000
Posting: 285409 | Available | 2/28/24
Seize this rare opportunity to own a distinguished dining venue in a prime area, boasting an investment of over $1.6 million in elegant design and state-of-the-art kitchen facilities. Ideal for an owner-operator, this property offers a turnkey solution for immediate entry into upscale dining market.
Asking Price
$100,000
Cash flow
CALL ME
Revenue
$360,000
Down
Call/Email
Posting: 283283 | Available | 2/28/24
The owner is currently operating a sushi restaurant. The buyer can continue to run it as a sushi restaurant or change it to a different concept of their choice. The restaurant comes with almost all the necessary equipment. The available seating capacity is 80 seats.
Asking Price
$90,000
Cash flow
$257,000
Revenue
$3,520,000
Down
Call/Email
Posting: 284418 | Available | 2/28/24
For sale are 2 Denny's units that are within close proximity to each other, have excellent demographics, favorable rent, and no remodels are due until 2029. Denny's Inc. has over 1,600 quality full service Denny's restaurants across the United States.
Asking Price
$1,695,000
Cash flow
Call/Email
Revenue
$960,000
Down
$225,000
Posting: 285389 | Available | 2/27/24
For sale is a very prime location with heavy traffic. It is open 6 days a week, Mon-Sat 10.30-9.30 pm. You can open on Sundays for more sales too. You can bring your own items to add up too. The size is around 2,500 sq ft. with a patio. You can convert it to another type of restaurant.
Asking Price
$225,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 282199 | Available | 2/27/24
For sale is a Type 47 ABC license (Alameda County only). It authorizes the sale of beer, wine, and distilled spirits for consumption on licensed premises such as restaurants.
Asking Price
$50,000
Cash flow
$259,753
Revenue
$731,800
Down
$449,000
Posting: 285370 | Available | 2/27/24
Seize the opportunity to own a flourishing sushi restaurant with 20+ years of success in the food and beverage industry! This well-established restaurant boasts a sterling reputation for its fresh, high-quality food and exceptional customer service.
Asking Price
$449,000
Cash flow
Call/Email
Revenue
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Down
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Posting: 282977 | Available | 2/26/24
Be your own landlord! This is a rare opportunity to own prime retail real estate (land and building) rather than leasing and being a tenant. This retail/restaurant site is 58,806 square feet (approximately 1.35 acres) directly on a busy retail corridor with good ingress and egress.
Asking Price
$1,599,000
Cash flow
Call/Email
Revenue
Call/Email
Down
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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
$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
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
$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
Call/Email
Down
Call/Email
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
$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
$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
$525,000
Down
Call/Email
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
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281508 | Available | 8/28/23
This is a family-owned Vietnamese restaurant for sale in San Francisco outer Richmond. This absolute gem in this neighborhood is serving authentic Vietnamese food. It is located in the SF Richmond central on Geary. It is approximately 2,600 sq ft. with 75 seating. The lease amount is $7,500.
Asking Price
$130,000
Cash flow
Call/Email
Revenue
Call/Email
Down
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Posting: 275312 | Available | 3/17/24
Established Japanese restaurant for sale in San Francisco's Glen Park neighborhood. A hidden gem sushi joint close to the Glen Park BART station, cafe, and restaurants. The place has a real neighborhood vibe and parking is free after 6 pm. Approximately 1,000 sq ft with 48 seating capacity.
Asking Price
$220,000
Cash flow
Call/Email
Revenue
$900,000
Down
Call/Email
Posting: 283824 | Available | 12/26/23
This is a high-volume Asian restaurant for sale in Concord. It has been established for many years in the city of Concord with a type 47 hard liquor license. There is a bar area to the left to serve cocktails and liquor drinks. The average gross sale a year is $800,000- $900,000.
Asking Price
$250,000
Cash flow
$160,000
Revenue
$408,000
Down
$120,000
Posting: 282466 | Available | 4/15/24
This is a 5-day open, high-income Italian restaurant in Huntington Beach for sale. It is closed Sunday and Monday and does dinner only (5 days, 5pm-8:30 pm). The store size is 1,200 sq ft. For 13 years it has had the same owner. It has spacious parkings.Walk-in cooler & pizza oven. Upgraded recently
Asking Price
$225,000
Cash flow
$120,000
Revenue
$600,000
Down
Call/Email
Posting: 284660 | Available | 1/12/24
For sale in Palm Desert is a charming and highly regarded bistro located in a prime location with high visibility in a bustling, high-traffic area. This bistro offers a delightful dining experience for both locals and tourists, with its warm ambiance and delectable menu.
Asking Price
$395,000
Cash flow
Call/Email
Revenue
Call/Email
Down
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Posting: 284681 | Available | 4/1/24
This is a closed restaurant for sale. This restaurant is located in the commercial and residential area. The size of the restaurant is 2,000 sq ft. and there's big patio. There is a fully equipped, open kitchen with 20 feet long hood and walk-in cooler. The new rent will be $7,500 and 3+3 options.
Asking Price
$89,999
Cash flow
Call/Email
Revenue
Call/Email
Down
$220,000
Posting: 276520 | Available | 4/1/24
For sale is a restaurant that is currently running as a Middle Eastern restaurant but can be converted to any concept. It is 1,450 sq. ft and outdoor seating is allowed. The rent is $7,500. The garbage and water bill are $500. It seats 60 people and has two bathrooms. The lease is 5 years plus 5.
Asking Price
$220,000
Cash flow
Call/Email
Revenue
Call/Email
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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
Call/Email
Revenue
Call/Email
Down
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Posting: 284615 | Available | 1/10/24
Well-equipped restaurant in great location with good street visibility, easy access in and out and plenty of parking. The kitchen is equipped with a large exhaust hood and grease interceptor. Facility has all the sinks required to pass the health department change of ownership inspection.
Asking Price
$159,000
Cash flow
$100,000
Revenue
$720,000
Down
$120,000
Posting: 284940 | Available | 3/27/24
Discover the essence of Venezuelan cuisine in this thriving restaurant, boasting a full liquor license (47-on-sale general) for a complete dining experience. Spanning approximately 3,000 sq. ft., the restaurant offers a spacious setting with a reasonable monthly rent of $6,100.
Asking Price
$340,000
Cash flow
N/A
Revenue
N/A
Down
Cash Only
Posting: 283770 | Available | 11/8/23
For sale is a restaurant that is on a great location on a major road. It is in an affluent area of Long Beach at Belmont shore. It is within walking distance to the beach. It comes with a beer and wine license for this asset sale. The purchase price includes a nice patio and updated modern decor.
Asking Price
$245,000
Cash flow
$240,000
Revenue
$1,400,000
Down
Call/Email
Posting: 285366 | Available | 4/8/24
Well-established for over 26 years is this Vietnamese & French restaurant located in a busy shopping center on Euclid Street. They current husband & wife owners have many restaurants & bars, but unfortunately the wife has serious health issues and has to sell this restaurant to reduce her stress.
Asking Price
$415,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286153 | Available | 4/16/24
Seize the opportunity to own a well-established and profitable bar and restaurant in a prime location. This venue boasts a loyal customer base and includes a spacious kitchen, beautiful bar, outdoor patio, DJ booth, and dance floor. Fully operational with a Type 47 liquor license.
Asking Price
$499,000
Cash flow
$250,000
Revenue
Call/Email
Down
$600,000
Posting: 258875 | Available | 3/18/24
For sale is an American restaurant with long-time loyal customers for sale with the property available. The restaurant is 4,000 sq. ft and business hours are from 7 am to 9 pm. The owner is not working, and the net profit is about $250,000 a year. The 3-unit residential areas can bring extra income.
Asking Price
$2,899,999
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285830 | Available | 3/25/24
One of San Diego's landmark Thai restaurants is for sale in Mira Mesa. The 2,700 SF restaurant comes fully equipped with a 22' hood; combo walk-in freezer/cooler; specialty oven for their popular roasted Pork and Duck. There is also a 1,000 SF patio complementing the expansive interior seating.
Asking Price
$149,000
Cash flow
$110,000
Revenue
$1,100,000
Down
$120,000
Posting: 285436 | Available | 2/29/24
For sale is a fantastic Mexican bar & grill restaurant and it is 100% absentee-run. It in a heavy traffic area in a huge shopping center area with a type 47 liquor license. They have annual sales of $1,100,000 and the annual profit if $110,000. With training & support.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
$900,000
Down
Call/Email
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
Cash flow
$97,563
Revenue
$1,069,811
Down
Call/Email
Posting: 286077 | Available | 4/9/24
This restaurant a 'turn key' business opportunity in Sacramento with over a $1million annual sale, easy excitability with nice curb appeal. Keep it as a Mexican restaurant or bring your own concept. With minimal future investment it could be turned into many different concepts.
Asking Price
$295,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286083 | Available | 4/10/24
For an asset sale is a Mexican concept restaurant. It has an ABC 47 license. It has a low monthly rent of $7,500/month. The store size is 6,400 sq ft. with a seating capacity of 150. It is located in business plaza with plenty of parking. It would be easy to convert it to another concept.
Asking Price
$299,000
For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
ServingNationwide - All Areas
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
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
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 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
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
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.
