Cash flow
Call/Email
Revenue
$2,300,000
Down
Call/Email
Posting: 285613 | Available | 3/11/24
For sale are two great locations on a major intersection. One is in Costa Mesa in a great food court and the other is in Huntington Beach at a free-standing on a signalized corner on Beach Blvd.
Asking Price
$425,000
Cash flow
$444,455
Revenue
$4,467,660
Down
Call/Email
Posting: 284569 | Available | 3/11/24
This is a well-known themed sports bar franchise with a strong following. It has an attractive themed location catering to sports fans and featuring large screen TVs throughout, serving a wide array of casual dining specialties including wings and burgers.
Asking Price
$1,700,000
Cash flow
$90,000
Revenue
$375,000
Down
Call/Email
Posting: 285599 | Available | 3/11/24
For sale is a fantastic opportunity for a long-time successful sushi restaurant! It has been 27 years in business with a very well-known and established name. They have great reviews and ratings with a large customer following. It is a super location with a permitted parklet.
Asking Price
$100,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282767 | Available | 3/11/24
This is in a great location (large shopping center with foot traffic) and it is almost 5,000 sq. ft. Currently, it serves Teppan and Japanese food. It can be converted into a different type of food restaurant or used as a barbeque place if you want.
Asking Price
$150,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 281634 | Available | 3/10/24
It is not an overstatement to suggest that this is an exceptional and unique opportunity to own a restaurant and bar in the heart of the Pier Plaza of Hermosa Beach. The Brews Hall lease is the best in the beach cities with options through 2040. Just steps to the world-famous strand and beach.
Asking Price
$585,000
Cash flow
Call/Email
Revenue
$250,000
Down
Call/Email
Posting: 285594 | Available | 3/10/24
This is an established, family-owned Vietnamese restaurant for sale in the San Francisco Financial District. The San Francisco Financial District is where you will find offices for some of our largest businesses such as corporate headquarters, law firms, insurance companies, real estate firms, etc.
Asking Price
$120,000
Cash flow
Call/Email
Revenue
$900,000
Down
Call/Email
Posting: 285059 | Available | 3/9/24
This is an established Thai restaurant for sale in Thai Town, Los Angeles. This restaurant hasn't been on the market for over 25 years! Located in the heart of Thai Town on world famous Hollywood Blvd. with many other restaurants, shops, and cafes nearby. It is a freestanding building.
Asking Price
$225,000
Cash flow
Call/Email
Revenue
Call/Email
Down
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Posting: 284435 | Available | 3/8/24
A 2-story red brick building + bar and lounge is for sale in the Oakland Jack London Square district. The architectural style is an early 20th-century utilitarian building. Zoning is C-40, Community Thoroughfare. The current use is as an event venue - music events, birthday parties, reunions, etc.
Asking Price
$1,600,000
Cash flow
Call/Email
Revenue
Call/Email
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Posting: 285580 | Available | 3/8/24
This Chinese restaurant is in a shopping center with a constant flow of heavy pedestrian traffic. There are some very high-volume stores in this shopping center. Apple headquarters is nearby. They have a beer and wine license. It is 2,000 square feet. Rent is $12,772+3,428 (NNN).
Asking Price
$380,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 282719 | Available | 3/8/24
For sale is an LA County type 47 liquor license at $140,000 plus fees.
Asking Price
$140,000
Cash flow
Call/Email
Revenue
Call/Email
Down
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Posting: 284669 | Available | 3/8/24
For sale is a newly remodeled restaurant on a busy 24 Street. It has a beer/wine license, an open kitchen with a 14 feet hood, walk-in cooler, all sinks, other kitchen equipment, and a good size storage. There are two ADA restrooms in the 2,600 sq ft building. Rent is $6,900 including NNN (10 yrs).
Asking Price
$175,000
Cash flow
Call/Email
Revenue
$3,300,000
Down
Cash Only
Posting: 283342 | Available | 3/8/24
For sale is a restaurant and bar located in one of the most sought-after locations in Orange County. It has a beautiful build-out. The business has a full ABC 47 liquor license. Current management is in place and includes a general manager, chef or kitchen manager, and assistant manager.
Asking Price
$1,375,000
Cash flow
Call/Email
Revenue
$1,500,000
Down
Call/Email
Posting: 285013 | Available | 3/7/24
This is an authentic Thai restaurant in the heart of Tehachapi. This asset sale includes lots of kitchen equipment that has been updated within the last five years. Beer and wine license included with the sale. It can be converted to a new concept with little to no competition around it.
Asking Price
$100,000
Cash flow
$300,000
Revenue
$1,200,000
Down
Call/Email
Posting: 280840 | Available | 3/7/24
This is a high volume Dickey BBQ restaurant for sale in Lancaster of Los Angeles county. Annual sales are around $1,200,000 with a semi-absentee run owner. All their barbecued meats are smoked on-site in a hickory wood-burning pit. They can bring your food by contactless doorstep delivery.
Asking Price
$350,000
Cash flow
Call/Email
Revenue
Call/Email
Down
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Posting: 280846 | Available | 3/7/24
This is a branded Dickey BBQ pit restaurant for sale in Compton California. Compton is a city in southern Los Angeles County, It is approximately 2400 sq. ft. with 60 seating. The lease amount is $8200 which covers water, garbage, common area, and pro-rata property tax.
Asking Price
$168,000
Cash flow
$400,000
Revenue
$1,350,000
Down
$30
Posting: 281643 | Available | 3/6/24
This is a Japanese sushi restaurant for sale in a good area of Oakland. It is a small and cozy restaurant. The size of the restaurant is 1,000 sq. ft and the rent is $5,900 including CAM. The monthly sales are $110,000-$120,000 and the seller is working as a sushi chef.
Asking Price
$499,999
Cash flow
$216,000
Revenue
$1,140,000
Down
Call/Email
Posting: 281014 | Available | 3/6/24
This restaurant is not an all-you-can-eat restaurant. Therefore, the profit margin is good. It has been in business for a long time in one location, so there are many regular customers, and the income is relatively stable. The current owner is not a chef but has been managing for 10 years.
Asking Price
$495,000
Cash flow
Call/Email
Revenue
Call/Email
Down
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Posting: 285503 | Available | 3/5/24
Broderick's was purchased in 2022 by successful Broderick's group managing partner, Chris Jarosz. Chris tragically died in a motor accident in 2023, just months after reopening the Davis location following renovations. The business has been closed and is an asset sale only.
Asking Price
$100,000
Cash flow
$26,400
Revenue
$336,000
Down
Call/Email
Posting: 284115 | Available | 3/3/24
For sale is a cafe & grill diner restaurant in upscale area. There are lots of office and business buildings nearby with foot traffic. It would be easy to convert it to another concept. There is great growth potential if can do more delivery and catering. The owner has been here since 2015.
Asking Price
$129,000
Cash flow
$180,000
Revenue
$648,000
Down
Call/Email
Posting: 284887 | Available | 3/2/24
This restaurant has been operating in the same location for 35 years. Because it has been around for a long time, there are many regular customers and the income is stable. The current owner took over and was selling over $70,000 before the COVID-19 outbreak.
Asking Price
$345,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285468 | Available | 3/2/24
For sale is a Japanese restaurant. This is an excellent opportunity for a sushi chef for own a restaurant in Scotts Valley, CA with huge potential. This is a hot sale, rare opportunity in a prime neighborhood with good location. This restaurant has a fully-equipped with a walk-in cooler.
Asking Price
$180,000
Cash flow
Call/Email
Revenue
Call/Email
Down
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Posting: 281971 | Available | 3/2/24
It's an authentic Italian restaurant with full catering service. This family-run business includes a 41 beer and wine license as well as 58 catering. The owner is retiring but will stay on to train. This business serves the Italian Catholic church as well as many other local events.
Asking Price
$99,000
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
Call/Email
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
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
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
$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
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
$4,500,000
Down
Call/Email
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
$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
$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
$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
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
Call/Email
Revenue
$3,300,000
Down
Cash Only
Posting: 283342 | Available | 3/8/24
For sale is a restaurant and bar located in one of the most sought-after locations in Orange County. It has a beautiful build-out. The business has a full ABC 47 liquor license. Current management is in place and includes a general manager, chef or kitchen manager, and assistant manager.
Asking Price
$1,375,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281654 | Available | 10/30/23
This is a rare real estate and business opportunity in the popular tourist town of Guerneville within Sonoma County is now for sale. The nearly half acre lot is over 20,000 sq ft. and includes a separate parking lot with electricity. The ~10,000 sq ft. building has two levels.
Asking Price
$1,600,000
Cash flow
$545,700
Revenue
$2,086,700
Down
Call/Email
Posting: 277227 | Available | 4/5/24
For sale is a state-of-the-art beer garden/tap room, "The Armory" is located in the historic Gold Rush town of Sonora, CA, and is surrounded by hotels, eclectic shops, boutiques, dining, and social venues. It is perfectly situated on the Yosemite tourist corridor.
Asking Price
$4,500,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285877 | Available | 3/28/24
Whipper Snapper - Located in downtown San Rafael, this location enjoys prime visibility and foot traffic. With many popular neighbors, this section of town is a favorite among locals and visitors. The space features a unique outdoor patio and a large dining room with a bar, and streetside parklet.
Asking Price
$120,000
Cash flow
Call/Email
Revenue
Call/Email
Down
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Posting: 283507 | Available | 4/10/24
For sale is a restaurant in one of the most desirable cities in South Bay and growing fast, as there are not many spaces are left for restaurants. This is an excellent location with a patio but the name & concept will not be included. Take over an existing business and be open in 30-45 days.
Asking Price
$218,000
Cash flow
Call/Email
Revenue
Call/Email
Down
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Posting: 271874 | Available | 4/10/24
This is a restaurant for sale in an excellent location with a great long-term lease plus a patio. There is a full kitchen with a type 1 Hood and all equipment, furniture & fixtures are practically new, only 2 years old. It is turnkey, so you can change the concept if you wish or continue.
Asking Price
$218,000
Cash flow
$500,000
Revenue
$3,100,000
Down
$1,650,000
Posting: 275102 | Available | 4/9/24
For sale is a very popular sushi & teppan grill restaurant with a full cocktail license. They have loud music, are trendy, and are well-established in the heart of South Orange County. Since 2005, this restaurant with a nightclub vibe has been rocking customers and pouring drinks.
Asking Price
$1,650,000
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
$93,600
Revenue
$1,080,000
Down
$378,000
Posting: 285272 | Available | 3/26/24
Nestled in the heart of Solano County, CA, this restaurant presents a unique opportunity for culinary entrepreneurs and restaurant investors. Well-established restaurant is renowned for its delectable selection of Korean dishes & Korean-style fried chicken dishes that promise an authentic taste.
Asking Price
$378,000
Cash flow
$307,452
Revenue
$1,020,000
Down
Call/Email
Posting: 285684 | Available | 3/17/24
This restaurant has a lot of potential as it is located in a plaza with a lot of foot traffic. This restaurant has customers who come to the restaurant and customers who come to the bar, so I think business will be good regardless of which concept the new owner uses.
Asking Price
$449,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286230 | Available | 4/22/24
For sale is Katsu Bar Restaurant, fully built out with a fridge and cooler. This is a fantastic opportunity to buy a well-established restaurant across the street from Cerritos mall. The store is located next to Starbucks and other popular brands. It has excellent revenue and profit for a new owner.
Asking Price
$195,000
Cash flow
Call/Email
Revenue
$800,000
Down
$170,000
Posting: 275794 | In Escrow | 2/12/24
For sale is a profitable Chinese restaurant in a heavily populated area in South San Diego with high visibility near a major freeway. This restaurant is a single building that has a private parking lot and has been serving San Diego for more than 40 years. The owner plans to retire.
Asking Price
$170,000
Cash flow
$200,000
Revenue
$850,000
Down
$145,000
Posting: 281632 | Available | 3/24/24
For sale is a great and well-established sushi restaurant with 4.5 stars on Yelp! Currently, the store opens for 5 days a week because of a shortage of employees and its monthly sale is currently around $70,000. Its size is about just 1,200 sq ft. with a great rent of $3,620 including NNN.
Asking Price
$285,000
Cash flow
$213,000
Revenue
$900,000
Down
Call / Email
Posting: 274977 | Available | 10/13/22
The owner works less than 20 hours a week. Located in the Costco shopping centre surrounded by many offices and warehouses. 16 years with the current owner. Close to 1 M Sales.
Asking Price
$490,000
Cash flow
Call/Email
Revenue
$300,000
Down
Call/Email
Posting: 284807 | Available | 1/23/24
This is a nice sized restaurant of almost 2,000 sf with a patio, an open kitchen concept, walk-in cooler and freezer, grease trap, and small office with a rent of $7m700 including NNN is available for Key Money. There will be a new lease and must have experience and existing concept to present.
Asking Price
$99,000
Cash flow
$150,000
Revenue
$540,000
Down
$40
Posting: 261469 | Available | 10/5/20
This store is Nashville style hot chicken restaurant. Open hours M- S. 11:30 am to 9:00 pm and Sunday Closed. Located at big shopping center. The store has beer & wine license.
Asking Price
$299,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 280044 | In Escrow | 4/22/24
This is an end-cap franchise restaurant in a large shopping center anchored by Target. It was established in 2000. The leased space is +/-3,000 sq. ft. It is a fully-equipped, full-service dining restaurant with a stove, hood, an ansul kitchen system, walk-in cooler, and freezer.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
$980,000
Down
$210,000
Posting: 285556 | Available | 4/10/24
A rare opportunity to own a Mexican restaurant with a 47 full bar and the property. The restaurant is almost 4,400 sf and the sales are almost at $1m a year. This business is long established and the property and the liquor license hold a lot of value. SBA requires 10% down for real estate purchase.
Asking Price
$210,000,000
Cash flow
Call/Email
Revenue
$480,000
Down
Call/Email
Posting: 281976 | Available | 4/1/24
This is an American breakfast and lunch restaurant for sale. This restaurant is located in the little behind of busy shopping center. The size is about 1,900 sq ft. and the rent is $6,000 including CAM (water and garbage are included). The next owner could keep the menu or bring your menu.
Asking Price
$189,999
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
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
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
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
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.
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McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
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.
