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Revenue
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Posting: 286544 | Available | 5/13/24
This is a profitable business owned by absentee owners. This is a hot pot restaurant with all dining area tables equipped with electrical burners and proper overhead kitchen hoods. The seller has spent over $300,000 to upgrade the dining area and the kitchen.
Asking Price
$590,000
Cash flow
$300,000
Revenue
$1,500,000
Down
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Posting: 286540 | Available | 5/13/24
This place is a hole-in-the-wall downtown and the food is amazing, excellent, tasty, phenomenal and second to none and this place is without question the best BBQ restaurant and the quality of the food is unprecedented, mouthwatering and out of this world.
Asking Price
$999,000
Cash flow
$224,000
Revenue
$2,381,768
Down
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Posting: 282902 | Available | 5/12/24
This place makes you feel you are somewhere other than Southern California. If you like small-town atmosphere and outdoor charming patio with phenomenal, scrumptious, incredible and amazingly delicious food, this is the place. This place really makes you feel at home and definitely a hidden gem.
Asking Price
$2,350,000
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
$100,000
Revenue
$720,000
Down
$120,000
Posting: 284940 | Available | 5/10/24
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
$600,000
Revenue
$3,000,000
Down
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Posting: 286021 | Available | 5/9/24
For sale is a hot pot style restaurant that has high volume sales. The restaurant is located in a busy Asian shopping center. The size of the restaurant is 1,350 sq. ft and the rent is $8,000/m including CAM and garbage.
Asking Price
$1,399,999
Cash flow
Call/Email
Revenue
$2,000,000
Down
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Posting: 275309 | Available | 5/8/24
This presents a rare opportunity to own a long-established fine Japanese dining establishment with the best name recognition in the Central Valley, operating since 2005. With a rich history spanning 17 years, the restaurant is situated in a well-established area, offering full dining, grills, etc.
Asking Price
$650,000
Cash flow
$240,000
Revenue
$2,400,000
Down
$200,000
Posting: 285095 | Available | 5/7/24
Located in San Gabriel Valley of Los Angeles is this long-established restaurant under current ownership for decades. This Mexican restaurant with its full bar and large patio offers its patrons authentic traditional cuisine and a great hospitality experience in a warm and friendly atmosphere.
Asking Price
$699,999
Cash flow
Call/Email
Revenue
$900,000
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Posting: 285059 | Available | 5/7/24
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
$150,000
Revenue
$1,800,000
Down
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Posting: 284501 | Available | 5/3/24
This is a long-established American restaurant with a full bar, patio and strong revenue of $1.8m a year, and low rent factor of 8%. The space is 2,500 sq ft. and the rent is $12,500 with 9 years left on the lease. This is an absentee run business and an owner operator can increase the bottom line.
Asking Price
$375,000
Cash flow
$300,000
Revenue
$1,200,000
Down
Call/Email
Posting: 280840 | Available | 5/2/24
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
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Revenue
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Posting: 280846 | Available | 5/2/24
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
N/A
Revenue
N/A
Down
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Posting: 285452 | Available | 5/2/24
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
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Revenue
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Posting: 284684 | Available | 5/2/24
This is an absentee-run Thai restaurant for sale in Santa Fe Spring of southeast Los Angeles county. The five major freeways traversing through the Santa Fe Springs Area include Interstate 5, Interstate 105, Interstate 605, State Route 60, and State Route 91. It is a freestanding building.
Asking Price
$180,000
Cash flow
$250,000
Revenue
Call/Email
Down
$600,000
Posting: 258875 | Available | 4/29/24
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
$1,000,000
Down
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Posting: 281240 | Available | 4/29/24
This beautiful South OC Beach City Restaurant is open less than Bankers hours. Price includes ABC type 47 license. Buyers can open for lunch, brunch or whatever hours they wish. This restaurant has a very desirable outdoor patio. Full staff is in place. It is only open 22 hours per week.
Asking Price
$350,000
Cash flow
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Revenue
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Posting: 272092 | Available | 4/28/24
This is an authentic Italian and Mediterranean restaurant for sale in Downtown San Francisco inside a well-known food court. Their food is a blend of Italian and Mediterranean dishes such as pizza, pasta, and wraps. Catering accounts are not included.
Asking Price
$150,000
Cash flow
$300,000
Revenue
$4,554,948
Down
$2,400,000
Posting: 279813 | Available | 4/28/24
This is a high-grossing restaurant & banquet facility along with outside catering for sale. The restaurant and real estate will sell together. It is appropriate for experienced restaurateurs/event planners. This is a full-service restaurant with a type 47 liquor license and banquet facilities.
Asking Price
$8,000,000
Cash flow
Call/Email
Revenue
$1,440,000
Down
Call/Email
Posting: 268306 | Available | 4/28/24
This is an established high-volume restaurant/bar for sale in Berkeley near the hill. This restaurant has served the Berkeley/East Bay community since 1996 with great Yelp reviews. They have rustic decor with an open kitchen concept. It is approximately 2,800 sq ft.
Asking Price
$395,000
Cash flow
Call/Email
Revenue
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Posting: 274508 | Available | 4/28/24
Asian fusion restaurant for sale in upscale Oakland neighborhood. Located in the neighborhood is a residential and commercial district in the North Oakland region of Oakland, California. This commercial street is known for dining and retail. The neighborhood roughly bounded by Temescal and Broad.
Asking Price
$250,000
Cash flow
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Revenue
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Posting: 269666 | Available | 4/28/24
This is an absentee-run Mexican restaurant for sale in the Portola part of San Francisco. It has good ambience and decor inside the restaurant with an ADA restroom. It is located in the south of the main part of San Bruno Ave in Portola. It is approximately 1,800 sq ft. with less than 49 seats.
Asking Price
$125,000
Cash flow
$290,428
Revenue
$2,964,244
Down
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Posting: 286310 | Available | 4/28/24
For sale is a restaurant with ample parking and high visibility from the busy Main Street at the Gateway to Yosemite National Park. It has 6,900 sq ft of usable space including huge storage. a long lease of 17 years remaining & a low monthly rent of $10,500 (4.2% of revenues).
Asking Price
$845,000
Cash flow
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Revenue
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Posting: 274138 | Available | 4/26/24
For sale is a pizza restaurant with a catering business. This business is in a great location in SF (SOMA District). Rent is percentage rent (6~8% of gross sale) and that includes water and PG&E. There are two types 1 hood and hoods are 4 feet long. The current monthly sale is about $80,000+.
Asking Price
$249,999
Cash flow
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Posting: 286241 | Available | 4/23/24
This restaurant in Orange County is very well-managed and authentic. It is profiting and experiences high traffic, with continuously growing potential. The plaza where it is located features Kohl's, Ralphs, and more. Taking over the restaurant is easy, but requires signing an NDA.
Asking Price
$120,000
Cash flow
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Revenue
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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
$132,000
Revenue
$950,000
Down
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Posting: 284551 | Available | 4/22/24
For sale is an established soul food restaurant near So-Fi stadium. It is a semi-absentee money maker. The annual sales are $950K. We are looking for an entrepreneur who can utilize the potential to take this venture to the next level with so many development projects nearby.
Asking Price
$450,000
Cash flow
Call/Email
Revenue
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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
$214,769
Revenue
$1,452,926
Down
$117,000
Posting: 285190 | Available | 4/22/24
For sale is a long-established, full-service restaurant with loyal customers and excellent staff serving great food and drinks in an upscale atmosphere. There is a full kitchen, bar, taps, walk-in cooler, menu, all recipes, and recent $150k+ TI with OR lottery machines for additional passive income.
Asking Price
$585,000
Cash flow
Call/Email
Revenue
$525,000
Down
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Posting: 285786 | Available | 5/17/24
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
$350,574
Revenue
$3,578,262
Down
$200,000
Posting: 285442 | Available | 5/18/24
For sale is California Co with its distribution center located in the Southwest US. It has been established for 24 years. They sell hardware products for consumers and professionals. They are a distributor/manufacturer of premium products that are sold online and through big box retailers.
Asking Price
$1,295,000
Cash flow
$856,324
Revenue
$4,312,122
Down
$290,000
Posting: 283337 | Available | 5/12/24
This pet supply and feed store has been a cherished staple in the community for 41 years. Founded with a vision to provide unmatched service and products, the business thrives on a well-structured model and a dedicated team. The business prides itself on customer service and wide product selection.
Asking Price
$2,900,000
Cash flow
Call/Email
Revenue
$351,239
Down
$125,000
Posting: 286450 | Available | 5/14/24
Opportunity to own a premier upscale franchised fitness studio in East Bay an established business in a health-conscious community with growth potential. What sets this facility apart is its state-of-the-art facilities with top-of-the-line fitness equipment, a fully operational business.
Asking Price
$125,000
Cash flow
Call/Email
Revenue
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Posting: 284472 | Available | 5/15/24
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
$175,000
Revenue
$525,000
Down
$300,000
Posting: 276123 | Available | 5/17/24
Must see a 100% wet cleaning plant located in West Hills near high-income Woodland Hills, Calabasas, and Bell Canyon. This is an 11 year-old, 1,200 sq. ft. plant, including shirt laundry. Most of the equipment is newer. No chemicals -- environmentally safe -- all work done in-house.
Asking Price
$500,000
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
$74,842
Revenue
$142,544
Down
$125,000
Posting: 280801 | Available | 5/15/24
This female athleisure-activewear brand focuses on functional fitness clothing that celebrates each of its client's unique features. The brand delivers eco-responsible luxury and comfort designed for everything from high-powered workouts to afternoon dog walks and errands (and in between!).
Asking Price
$125,000
Total Investment
$69,000
Min Liquid Cash
$59,000
Net Worth
N/A
Posting: 285583 | Available | 5/12/24
Own your very own Quick Mart convenience store. It is better than a 7-Eleven and Circle K. There are no monthly fees and no franchise fees, just a one-time payment of $99,999. Training to run your store usually takes just 3 days. Business opportunity fee: $20,000 included in $99K.
Franchise Fee
$0
Total Investment
$543,000
Min Liquid Cash
$200,000
Net Worth
$200,000
Posting: 284007 | Available | 5/15/24
Take a BITE out of the pet care industry with five key revenue drivers in one modern facility! Founded in 2009 by a visionary who had spent years in research and planning for an all-inclusive dog care facility, The Dog Stop, has now developed throughout 21 states.
Franchise Fee
$49,500
Cash flow
$82,216
Revenue
$731,213
Down
$150,000
Posting: 283846 | Available | 5/18/24
This charming breakfast and lunch restaurant caters to your taste buds for breakfast and lunch. In business for 25 years and nestled in the heart of a rustic marina, this restaurant is a cozy and inviting space that exudes a warm, rustic ambiance. Our menu features a delectable array of dishes.
Asking Price
$150,000
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
$50,000
Revenue
$380,000
Down
$154,900
Posting: 284866 | Available | 5/12/24
This is your opportunity to own a Baskin Robbins ice cream store in Sunny San Diego County. Baskin Robbins is the #1 ice cream franchise in the World. The store opened in July 2017. The current owner purchased the store in January 2019. It is located in a great shopping center.
Asking Price
$154,900
Cash flow
$200,524
Revenue
$1,314,394
Down
$285,000
Posting: 285041 | Available | 5/16/24
This greater Silverlake/Glendale area market combines a carefully curated assortment of natural and organic wines, beers, spirits and beverages, food, merchandise and home goods with organic produce, breads and specialty provisions sourced locally to ensure freshness.
Asking Price
$285,000
Cash flow
Call/Email
Revenue
$1,000,000
Down
Call/Email
Posting: 286054 | Available | 5/16/24
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
$180,000
Revenue
$550
Down
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Posting: 274482 | Available | 5/12/24
Top brand blinds, shades, shutters, etc retail. Easy to operate profitable and potential business even without advertisements or marketing. Ideal location on a high-traffic major street and the hub of Silicon Valley. Increasing sales yearly with many repeat & new customers. Price was lowered.
Asking Price
$200,000
Cash flow
Call/Email
Revenue
$960,000
Down
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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
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Revenue
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Posting: 285056 | Available | 5/16/24
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
$2,853
Revenue
$127,532
Down
$110,000
Posting: 283433 | Available | 5/18/24
This wellness store is derived from the owner's dedication and passion for supplements and CBD. He has a well-researched, deep understanding of the health benefits of natural remedies which has led to products that help support and maintain the body's overall health. With a variety of products.
Asking Price
$110,000
Cash flow
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Revenue
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Posting: 286238 | Available | 5/16/24
Historic restaurant and bar, East of Alpine. This stand-alone 4,500 sq. ft building with a patio and full kitchen equipped with an A1 hood. Keep it as is or explore new concepts. ABC type 47 license available separately. Unlimited potential for menu expansion, live entertainment, and marketing.
Asking Price
$199,000
Cash flow
$235,715
Revenue
$1,320,000
Down
$25
Posting: 284079 | Available | 5/16/24
This high end market is conveniently located inside the retail area of one of the most luxurious apartment communities in North San Jose. This business is a famous contemporary market stocking snacks, Organic products, groceries, beer, and wine selections.
Asking Price
$899,000
Cash flow
$126,000
Revenue
$672,000
Down
$290,000
Posting: 285306 | Available | 4/20/24
Established in 1995, this well-known Chinese restaurant situated on Ventura Blvd in Woodland Hills offers a fantastic opportunity for a full-time owner-operator or owner-chef operator. With a prime location and ample parking in the rear, the restaurant boasts great potential for expansion.
Asking Price
$290,000
Cash flow
$278,330
Revenue
$5,442,834
Down
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Posting: 286394 | Available | 5/2/24
A premier natural health food, grocery & supplement store complete with an in-house cafe, bakery, juice, smoothie, coffee bar, and more! Selling natural, organic & vegan groceries, produce, meat, nuts, dairy, in-house prepared foods, plus supplements.
Asking Price
$1,075,000
Cash flow
$82,000
Revenue
$340,000
Down
Call/Email
Posting: 285000 | Available | 2/3/24
For sale is a well-established mini mart & liquor store with a thriving lottery business in South San Jose. This family-owned and operated business is located in a newer retail strip plaza, boasting ample customer parking. It is located in a prime location.
Asking Price
$155,000
Cash flow
Call/Email
Revenue
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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
$600,000
Down
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Posting: 280262 | Available | 5/14/24
Price lowered! This is a Mexican restaurant with good rent for sale. The rent is fixed for every 10 years. The monthly gross is $55,000. The owner works 5 days and has 4 employees. The rent is $3,600 and the size of the restaurant is 1,800 sq. ft. There's a fully equipped kitchen w/a 10 feet hood.
Asking Price
$149,999
Cash flow
Call/Email
Revenue
$380,000
Down
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Posting: 278721 | Available | 10/27/23
This is a super long time gift basket business! They have been serving the Bay Area in addition to national and international sales for over 20 years! It is a great location brick-and-mortar storefront with a super lease and terms, an additional storage room on the top floor, fantastic baskets, etc.
Asking Price
$335,000
Cash flow
$120,000
Revenue
$1,200,000
Down
$799,900
Posting: 214866 | Available | 4/9/21
Price reduced. High Volume Women/Kids/Sports/Mens Clothing. Established 2002. Great Income, Hispanic area in Escondido, No Competition. 10 years left on favorable Lease term. Average Annual Gross is $1,200,000. Average Annual Cash Flow is $120,000. 11,000 sf. Monthly rent $12,000 Includes NNN.
Asking Price
$799,900
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
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
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
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When on your search to buy liquor store businesses, consider additional ways that you may use the location to generate additional revenue streams. Peter Siegel, MBA with BizBen.com discusses buying California liquor stores.
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.
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.
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.
Should owners who offer a business for sale reveal to prospective buyers any income that is not recorded in the books? This is a controversial topic with arguments both for and against. Most business sales intermediaries believe if you don't pay tax on it, you can't claim it. Some sellers disagree.
Most business acquisition financing strategies involve borrowing money to meet the purchase price. But an entirely different approach, equity sharing, is sometimes pursued if borrowed money is not wanted, or is not available to complete the purchase. Peter Siegel, MBA - BizBen.com covers this topic.
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 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.
With the multitude of factors that come into play when deciding the appropriate time to inform your employees that your business is for sale, I do not offer a standard or general answer. When sellers consult me as to my opinion on when it is the right time, I like to review the major issues that...
The only time to get an exact and accurate inventory count, and valuation, is at the time the business is being transferred. To do so beforehand, would mean that any merchandise sold after inventory is taken, but before close of escrow - Peter Siegel, MBA with BizBen & others discuss this topic.
Buying a liquor store can present some major challenges to business buyers - a recent client on the BizBen ProBuy Program relates to Peter Siegel, MBA what the major challenges may be when searching for and buying a Californa liquor store business. I welcome other Advisors to weigh in on this topic.
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 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.
