Cash flow
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Revenue
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Cash Only
Posting: 286161 | Available | 4/17/24
An asset sale is available for an El Pollo style restaurant with an open kitchen and a seating capacity for 30 or more. The restaurant features a walk-in cooler and a fountain drink station. The owner, who has another job, is unable to continue with this business.
Asking Price
$149,000
Cash flow
Call/Email
Revenue
Call/Email
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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
$190,000
Revenue
$540,000
Down
$145,000
Posting: 283053 | Available | 4/16/24
A renowned Japanese restaurant nestled in a distinguished neighborhood, proudly serving the community for over 40 years. A valid beer and wine license is included. It also has a state-of-the-art sushi bar. A comprehensive wine bar stocked with a broad selection.
Asking Price
$145,000
Cash flow
$140,000
Revenue
$600,182
Down
$300,000
Posting: 285648 | Available | 4/16/24
This is a thriving Italian pasta and pizza restaurant in Orange County. It includes a beer & wine license! Since opening its doors in 2021, this bustling Italian eatery has quickly become a local favorite, boasting $400k in sales in its first year.
Asking Price
$300,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$85,000
Posting: 283970 | Available | 4/16/24
Discover an exceptional opportunity to own a distinguished Indian restaurant nestled in the affluent region of Orange County, renowned for its authentic Indian cuisine and dedicated clientele. This family-operated gem stands out for its fidelity to traditional flavors.
Asking Price
$85,000
Cash flow
$132,900
Revenue
$730,000
Down
$325,000
Posting: 282971 | Available | 4/16/24
For sale is a bustling cafe situated on one of Los Angeles' most high-traffic thoroughfares, offering an exceptional opportunity to acquire a well-established breakfast and lunch venue that has thrived for over 17 years.
Asking Price
$325,000
Cash flow
Call/Email
Revenue
$1,500,000
Down
$35
Posting: 272591 | Available | 4/15/24
This is a well-established Hawaiian restaurant with a full liquor license for sale in Dana Point, CA. It is only open for dinner on weekdays. It has so much potential if the new owner knows how to operate the restaurant with marketing strategy. The size is approximately 5,000 sq ft.
Asking Price
$449,000
Cash flow
$120,000
Revenue
$696,000
Down
$160,000
Posting: 285649 | Available | 4/15/24
For sale is a prime location in Azusa. It is a Japanese sushi & roll restaurant with beer and wine. The store size is 1,600 sq ft. The restaurant is located next to Chipotle, Urbane Cafe, Starbucks. Rolls & salmon make up 80% of their sales. The food cost is 35% approximatel
Asking Price
$160,000
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
$132,000
Revenue
$1,020,000
Down
$485,000
Posting: 286137 | Available | 4/15/24
For sale is a renowned sushi restaurant located in Los Angeles County. This establishment features a beer and wine license and an inviting enclosed patio with seating for approximately 16 guests. It is situated in a bustling shopping center that enjoys a diverse mix of retail businesses.
Asking Price
$485,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$135,000
Posting: 286124 | Available | 4/14/24
Tangible Asset Sale! This restaurant is located very close to the exit for Freeway 91, surrounded by numerous businesses. Originally established in 2007, it has been successfully operating for almost 14 years. The kitchen features an extensive hood system, a walk-in cooler & freezer.
Asking Price
$135,000
Cash flow
$79,042
Revenue
$635,695
Down
$160,000
Posting: 286122 | Available | 4/14/24
This is a perfect opportunity for an owner-operator! The business's revenue and profit have been increasing every year since it opened in 2020 under the same owner. Unfortunately, the seller has decided to put the business on the market due to unforeseen family issues.
Asking Price
$160,000
Cash flow
Call/Email
Revenue
$447,777
Down
$85,000
Posting: 285602 | Available | 4/11/24
This is a great-looking restaurant right next to the 2 most popular sports attractions of Southern California [Angels Stadium of Anaheim & Honda Center] and many office buildings and housing developments within the Platinum Triangle District. It is a turnkey restaurant with a beer & wine license.
Asking Price
$85,000
Cash flow
Call/Email
Revenue
$400,538
Down
$69,000
Posting: 284655 | Available | 4/11/24
For sale is a South Orange County Asian BBQ grill restaurant with great food & 5-star reviews. The restaurant is located in a shopping center anchored by a movie theater and surrounded by a lot of offices & businesses with great daytime employees and residential neighborhoods.
Asking Price
$69,000
Cash flow
Call/Email
Revenue
$1,200,000
Down
$150,000
Posting: 285575 | Available | 4/11/24
For sale is a well-established and famous seafood restaurant in downtown Fullerton. The current monthly sale is over $100,000. Its size is 7,500+ sq. ft with a spacious patio and party room and its rent is only $16,000 including NNN. The buyer can add more menu options to the current menu.
Asking Price
$349,000
Cash flow
Call/Email
Revenue
Call/Email
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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
Cash flow
Call/Email
Revenue
$678,000
Down
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Posting: 285557 | Available | 4/10/24
This restaurant consists of 2 separate dining areas and a cozy cantina. The dining area can accommodate up to 125 patrons, while the cantina can accommodate 18 patrons. The semi-private dining area is perfect for parties and can hold up to 35 patrons. The space is 3400 sf and there is also a patio.
Asking Price
$199,000
Cash flow
Call/Email
Revenue
Call/Email
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Call/Email
Posting: 285254 | Available | 4/9/24
This popular restaurant has been in prime downtown Hermosa Beach for decades. It is located just steps from the world-famous Hermosa Pier Plaza, strand, and beaches. It was recently remodeled with a patio and an outdoor dining deck on the street. There is ample parking.
Asking Price
$279,999
Cash flow
Call/Email
Revenue
$900,000
Down
$145,000
Posting: 286069 | Available | 4/9/24
Asset sale only, no business name or training: "The OC Lau restaurant". Vietnamese Seafood restaurants are commonly used in Vietnamese cuisine. The restaurant has gross sales of $900,000 per year and holds a B&W license. It is 1,300 sq ft. for a total rent of $4,500.
Asking Price
$140,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$98,000
Posting: 282859 | Available | 4/9/24
Price reduced! This is a turnkey sushi restaurant for sale in the Beverly Grove area! This is a rare opportunity as the premises come with a non-expiring CUP that includes a Type 41 Beer & Wine license. The kitchen features a 10-foot hood and well-maintained kitchen equipment.
Asking Price
$98,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$67,000
Posting: 286048 | Available | 4/8/24
Situated adjacent to a bustling supermarket, the restaurant benefits from high foot traffic, making it a popular choice among shoppers and residents. Currently operated by a team of employees, this business ensures a seamless and straightforward operational experience for the new owner.
Asking Price
$67,000
Cash flow
$200,000
Revenue
$1,400,000
Down
All Cash
Posting: 286042 | Available | 4/8/24
The business located in the beautiful Historical Old Town of Orange is very profitable! Its success can be attributed to several factors, including its prime location, high traffic area, and proximity to the circle. The area boasts great visibility, street access, and favorable demographics.
Asking Price
$450,000
Cash flow
$180,000
Revenue
$1,100,000
Down
Call/Email
Posting: 286040 | Available | 4/8/24
The Japanese sushi restaurant has been well established for 7 years and is situated in a highly bustling shopping area with a Starbucks drive-thru. The current owners, a husband and wife duo, do not possess any culinary expertise or involvement in the cooking process.
Asking Price
$299,000
Cash flow
Call/Email
Revenue
$820,000
Down
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Posting: 280735 | Available | 4/8/24
This is a very nice well-established Japanese ramen restaurant located in a major shopping center in a high-demand Irvine area. It is possible for a new owner to convert it to another type of food menu. The size is approximately 1,500 sq ft. and rent is $11,007 including NNN and water.
Asking Price
$168,000
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
$360,000
Down
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Posting: 286033 | Available | 4/8/24
The newly constructed building, which has undergone interior renovations, has been in operation for about 7 years, maintaining a clean and well-decorated atmosphere. The surrounding area consists entirely of apartment complexes with 1,900 units, making it advantageous to operate on.
Asking Price
$99,000
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Posting: 286008 | Available | 4/5/24
The Asian restaurant is for an asset sale.It is currently closed for remodeling but can be easily converted to another concept. It is situated in a busy shopping center with high traffic and ample parking. The monthly rent is $6,277 plus $1,632 for NNN. The store size is 1,395 square feet.
Asking Price
$100,000
Cash flow
Call/Email
Revenue
$1,000,000
Down
Call/Email
Posting: 286010 | Available | 4/5/24
Japanese restaurant with Beer & Wine license in Torrance for Asset Sale. Price: $450,000 Size: 2,600sf plus 400sf patio. Seating: 48+ inside & 18+ outside Rent: $10,557 included NNN/mo. Lease: 3 years plus 5 years option or new long term Lease License: Beer & Wine 2 Kitchen hoods & grease trap
Asking Price
$450,000
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
Call/Email
Revenue
$960,000
Down
Call/Email
Posting: 286537 | Available | 5/12/24
A rare opportunity exists to own a well-established liquor store with gas, operating on a large commercial-zoned real estate lot with short operating hours. The monthly rent from two rental properties amounts to $6,250.
Asking Price
$2,600,000
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
$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
$55,981
Revenue
$770,546
Down
$35
Posting: 276877 | Available | 3/14/23
For sale is a Frame Broiler Franchise, established since 2008. It is managed by a part-time manager. There is room to improve the business with an owner-operator. It is next to a supermarket and is absentee-run. The seller is selling to look for other opportunities. It has clean books.
Asking Price
$285,000
Cash flow
Call / Email
Revenue
Call / Email
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Call / Email
Posting: 266744 | Available | 7/7/21
Mexican Restaurant dine in or take out location in business shopping center corner location good serves Mexican food tacos etc. full hot kitchen, hood system nice equipment nice decor. located on busy street next to burger king.
Asking Price
$125,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$150,000
Posting: 285044 | Available | 4/29/24
For an asset sale is a well-established Asian restaurant in the busy shopping center with national brand restaurants. Its current monthly sale is about $40,000 with Sundays closed. Its size is great 1,700+ sq ft and its rent of $8,900 including NNN. The restaurant has long hood and grease trap.
Asking Price
$150,000
Cash flow
$220,010
Revenue
$847,651
Down
$10,000
Posting: 283842 | Available | 11/14/23
This Long Beach Coastal bar and grill is located in the city's most coveted hospitality and entertainment area. The relatedly new gastropub boasts fantastic street visibility, outdoor patio and a highly flexible build-out that may be adapted to any number of bar and food driven concepts.
Asking Price
$425,000
Cash flow
N/A
Revenue
N/A
Down
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Posting: 285837 | Available | 3/26/24
This restaurant is located in a community shopping center next to a supermarket. Rent is only $3,400/month. It is great for delivery or takeout. It is profitable as-is, also you can convert it to your own concept with an approval from he landlord.
Asking Price
$89,000
Cash flow
$180,000
Revenue
$840,000
Down
$200,000
Posting: 272660 | Available | 5/14/24
For sale is a semi-absentee-run izakaya restaurant with a beer & wine license near Irvine. Open 6 days a week. The daily sales are about $2,500 (Friday sales: $4,000). Store size is 1,700 sq ft. with a 13-year lease left. There is a spacious kitchen. Located houses & high-density population areas.
Asking Price
$398,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$67,000
Posting: 286048 | Available | 4/8/24
Situated adjacent to a bustling supermarket, the restaurant benefits from high foot traffic, making it a popular choice among shoppers and residents. Currently operated by a team of employees, this business ensures a seamless and straightforward operational experience for the new owner.
Asking Price
$67,000
Cash flow
Call/Email
Revenue
$1,105,260
Down
Call/Email
Posting: 284574 | Available | 3/15/24
Located in the highly desirable and upscale Conejo Valley, this 2,750 square foot Mexican restaurant with a full ABC license has showcased Old World charm since 2014, while featuring bold flavors of authentic Mexican dishes with superior quality. A wide range of catering options help drive revenues.
Asking Price
$150,000
Cash flow
$365,299
Revenue
$1,693,525
Down
Call/Email
Posting: 281319 | Available | 2/13/24
This is a fantastic opportunity to acquire a full-service, high-end European automotive repair business in the heart of the San Fernando Valley. This business has a loyal customer base, is in high demand, and is very profitable.
Asking Price
$620,000
Cash flow
Call / Email
Revenue
$120,000
Down
Call / Email
Posting: 269637 | Available | 8/31/21
Long Beach flower shop for sale. Cash to loan.
Asking Price
$350,000
Cash flow
$101,200
Revenue
$260,000
Down
$169,000
Posting: 277241 | Available | 4/16/24
For sale is a well-established auto repair shop with a history spanning 31 years, prominently located on a major high-traffic boulevard in an auto center building. The shop benefits from its 2,800 square-foot unit that offers excellent visibility, easy access, and ample parking.
Asking Price
$169,000
Cash flow
$150,000
Revenue
$925,000
Down
$50
Posting: 271401 | Available | 5/10/24
This is a well established (over 10 years) Hawaiian BBQ fast food restaurant located in a major busy shopping center in the heart of Brea city. The size is approximately. 2,200 sq. ft. The rent is $8,472 plus NNN (total $12,039 including trash). The lease will expire on Jan. 2025.
Asking Price
$159,000
Cash flow
$96,000
Revenue
$1,080,000
Down
$30
Posting: 276878 | Available | 6/20/23
For sale is a sushi restaurant at a great location on a major road with good visibility. It used to gross over 120k per month, but the current owner is sick and must retire. There is huge room to improve the business. It is only open 6 days as it is closed on Sundays.
Asking Price
$350,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$45,000
Posting: 286326 | Available | 4/29/24
A small restaurant in a great location near Beverly Blvd, and La Brea Ave in an upscale area. The sushi restaurant here just closed. The restaurant is fully equipped for you to come in and make money. It is great for sushi, pizza, or your menu. It is a great location for delivery and pick up service
Asking Price
$45,000
Cash flow
Call/Email
Revenue
$1,800,000
Down
Call/Email
Posting: 282018 | Available | 4/28/24
Price reduced! For sale is a well-established and famous seafood restaurant in Garden Grove. The current monthly sale is over $150,000. It's open 3:00 pm weekday. Its size is 5,000+ sq ft and Its rent is $17,000 including NNN. It has ABC-47 license and is newly remodeled.
Asking Price
$499,000
Cash flow
Call/Email
Revenue
Call/Email
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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
$270,000
Revenue
$460,000
Down
Call/Email
Posting: 282359 | Available | 4/24/24
Steeped in history since 1994, this prominent South Orange County establishment stands as a beacon of excellence in the domain of cylinder head remanufacturing. With over two decades in the field, they've mastered the art of restoring cylinder heads to their original specifications.
Asking Price
$300,000
Cash flow
Call/Email
Revenue
$958,000
Down
Call/Email
Posting: 283595 | Available | 2/8/24
For sale is a bar and grill with a 47 license. It is a casual, friendly spot with outdoor and indoor seating. Semi-absentee-run and established 30 years ago. There are 3 full-time employees and 8 part-time. The owner does not work at the bar and grill. It is located in a downtown main street.
Asking Price
$660,000
Cash flow
$276,000
Revenue
$1,320,000
Down
$280,000
Posting: 278997 | Available | 8/29/23
For sale is a profitable Japanese sushi and roll restaurant in Orange County with a beer license for sale. There can be an SBA loan approved for qualified, experienced buyers. The monthly average sales are $110k and the monthly net income is $23k. It is in a very busy traffic area.
Asking Price
$650,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 284597 | Available | 1/10/24
For an asset sale is a Persian & pizza restaurant with a BW license. The owner has been there since 1985 and is ready to retire. It is located on a major street with lots of traffic. You can easily convert to another concept like Mexican cantina, Mongolian, Chinese, Thai, pho, catering, etc.
Asking Price
$325,000
Cash flow
$230,883
Revenue
$890,681
Down
Call/Email
Posting: 281496 | Available | 2/7/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$775,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$10,000
Posting: 286490 | Available | 5/8/24
A Korean restaurant asset sale is available, being sold as-is with a beer and wine license. The kitchen is well-maintained and equipped with a walk-in cooler. The establishment spans approximately 1,650 sq ft and has undergone recent renovations.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286211 | Available | 4/20/24
The restaurant is in Downtown Long Beach near the Convention Center, Aquarium, many hotels, office buildings, and apartments. The restaurant has two levels. The ground floor is 1,723 sq ft. and the basement is 694 sq ft. The total monthly rent is $9,133 and the lease expires on 12/31/2027.
Asking Price
$320,000
Cash flow
$180,000
Revenue
$540,000
Down
Call/Email
Posting: 280169 | Available | 6/27/23
For sale is an auto repair and maintenance with free drop-off/pick-up services. Why pay more? We beat any written estimates by 10% or more. They do tune-up specials, brakes, transmission services, oil changes, and filters. They do fully synthetic oil change specials.
Asking Price
$160,000
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
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
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
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
Entrepreneurs who think they want to buy a towing business need to have some idea of what to look for when examining businesses for sale in this industry. The assets, including tow trucks and perhaps the property where towed vehicles are stored, determine much of the value of this kind of company.
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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.
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.
There are a handful of key asset categories in allocating or breaking down the purchase price allocation of a business sale. The allocation is required to complete the transaction. Lee Petsas, a Southern California business broker reviews this topic in detail for buyers and sellers of businesses.
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.
One of the most popular business searches (and eventual business purchase) on BizBen is the self serve and full service car wash. Peter Siegel, MBA (ProBuy & ProSell Programs Director) with BizBen.com reflects on three types of car wash models and what buyers should look for in a car wash purchase.
Buying a gas station can be a profitable business. From my experience, here are the pros & cons of buying a gas station that I share with BizBen ProBuy Buyers when they come to me to to get pre-qualified for financing to buy a gas station (with or without real estate). I discuss all these factors.
How much money should you expect to make when buying an automatic car wash? Peter Siegel, MBA (BizBen ProBuy Program Director and Business Purchase Financing Expert) explains with other brokers, intermediaries, and advisors info on this topic.
This is a hard question to answer specifically without any knowledge of the business. What kind of car wash it is (auto, self-serve, or full service)?, How many bays does the car wash have? Is there any other streams of revenue? We discuss this topic regarding car washes on this BizBen Discussion.
Before purchasing a car wash (quick serve or full serve) you must understand that the industry as a whole will provide you with plenty of competition. More importantly, depending on what your interests are, you will identify what type of car wash you want. We discuss this all in this Discussion.
Doing due diligence when buying any type of business is extremely important. Regardless of what type of business you are buying there are certain things you will always look at such as, financials, equipment, legal issues etc. We take a look at several angles for optimal gas station due diligence.
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.
Joe Ranieri, (Orange County Business Broker) discusses how to convert restaurants: buy an existing inexpensive restaurant and then converting it to another concept. He discusses finding the right location, working with the landlord, notifying existing clients, and observing restaurant trends.
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.
When should the training of the new buyer of the business actually begin? Before escrow, during escrow, or only after the keys of the business are handed over to the new owner of the business. Joe Ranieri (Orange County Business Broker - Restaurant Specialist at 714-292-5448) starts this Discussion.
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.
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.
Every business broker knows that a listing taken is not a listing sold, in fact the ratio of listed vs. sold could be discouraging if you really thought about it. Joe Ranieri (Orange County Business Broker) discusses what you should do if you finally have to close the doors and call it quits.
50% of all California small business for sale transactions fail to complete. Why do businesses for sale fall out of escrow? Joel Miller (a senior care business specialist) discusses his 5 top reason why businesses fall out escrow along with other brokers, advisors 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.
What are some ways a broker can prevent a buyer and seller from doing a deal behind their back and what to do about it if it happens? Joe Ranieri (Orange County Business Broker) discusses ways a business broker or agent can protect themselves from buyers and sellers trying to circumvent them.
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.
