Cash flow
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Revenue
$550,000
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Posting: 283924 | Available | 4/23/24
For sale is a Mediterranean healthy food restaurant with vegetarian options. It is best known for its yummy dishes, homemade like daily fresh pita bread, superb customer service, and cleanness. This business recently obtained a beer & wine permit. It is conveniently located in a large plaza.
Asking Price
$89,000
Cash flow
Call/Email
Revenue
$600,000
Down
$295,000
Posting: 273003 | Available | 4/23/24
For sale is a cafe/restaurant with a beer & wine license in the foothills of San Gabriel Valley. They are serving fusion food with a unique breakfast & lunch menu. New owners can increase revenues by serving dinner. Business is open 6 days a week from 8 am-2 pm, and Mondays are closed.
Asking Price
$295,000
Cash flow
$115,200
Revenue
$517,000
Down
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Posting: 281820 | Available | 4/22/24
Exciting SF acquisition: 18-year-old family-owned Thai restaurant w/ growth potential. Proven concept, loyal customers, beer/wine license & website. FF&E included. Negotiable lease terms.
Asking Price
$125,000
Cash flow
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Revenue
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$79,000
Posting: 285721 | Available | 4/22/24
Presenting an exceptional opportunity for a turnkey restaurant asset sale in the heart of Fullerton, California, nestled within the vibrant and growing community of Orange County. This exquisite establishment spans 1,963 square feet and offers a cozy yet elegant dining experience.
Asking Price
$79,000
Cash flow
$131,403
Revenue
$871,818
Down
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Posting: 286232 | Available | 4/22/24
This restaurant has been in business for over 34 years, with very loyal customer base and steady profit (Except during COVID) This is fully equipped restaurant with A1 hood, grease trap, Wok set line, fryer, walk-in cooler, walk-in freezer and much more.
Asking Price
$149,000
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
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Revenue
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Posting: 285770 | Available | 4/22/24
Take advantage of this great opportunity to obtain a staple restaurant here in the Antelope Valley. Placed on 6.9 acres of land! Just two blocks away from highway 138. This is a great location to offer truck parking or to convert to a truck stop with the already existing restaurant.
Asking Price
$1,375,000
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
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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
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Posting: 285146 | In Escrow | 4/22/24
For sale is a restaurant that serves dine-in and take-out brick oven pizza, sandwiches, salads, wings, calzones, desserts, and more. Included in the price is the business, beer & wine license, furniture, fixtures, equipment, goodwill, and inventory. The leased space is approximately 2,000 sq ft.
Asking Price
$49,000
Cash flow
$214,769
Revenue
$1,452,926
Down
$625,000
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
$625,000
Cash flow
Call/Email
Revenue
$1,000,000
Down
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Posting: 286218 | Available | 4/21/24
Indulge in the heart of San Francisco's culinary scene, own a beloved Italian restaurant and bar with a type 47 liquor license nestled in the vibrant Mission/Bernal Heights area. Savor every bite of authentic dishes crafted with passion and tradition, paired perfectly with a curated selection.
Asking Price
$350,000
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
$160,000
Revenue
$825,000
Down
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Posting: 285283 | Available | 4/20/24
A well-established Korean toy restaurant located in Arcadia since 2001 presents an excellent opportunity for a full-time owner operator or owner chef operator. With a great net income and potential for further revenue growth, the business is prime for investment.
Asking Price
$390,000
Cash flow
$160,000
Revenue
$650,000
Down
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Posting: 282169 | Available | 4/20/24
Established in 1977 is this Italian restaurant with a beautiful build-out, equipped with a full liquor license. It is well-known for great food, great service, great wine selection, and liquor. It is open for dinner only and open 6 days a week with very short business operating hours 4 pm to 9 pm.
Asking Price
$395,000
Cash flow
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Revenue
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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
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Posting: 286202 | Available | 4/19/24
Unveil Bellingham's culinary gem! This beloved restaurant, a local fixture since 2001, offers 110+ seats, a state-of-the-art kitchen, and a thriving catering business with two trucks. With untapped potential and a prime location, it's your chance to own a slice of gastronomic heaven!
Asking Price
$225,000
Cash flow
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Posting: 286194 | Available | 4/19/24
The location offers superior visibility with great sightlines from passing traffic as well as excellent walkability and foot traffic. The surrounding area includes popular neighboring bars, restaurants, and retail which bring in both daytime and nighttime customers.
Asking Price
$159,000
Cash flow
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Posting: 282147 | Available | 4/19/24
For sale is a well-established and famous cafe in Seal Beach Community. It is 3,000 sq ft. plus a spacious patio. There is a full kitchen, walk-in cooler, grease interceptor, and bar. The current rent is about $11,000 including NNN. It has an ABC-47 hard liquor license.
Asking Price
$149,000
Cash flow
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Revenue
$600,000
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Posting: 283587 | Available | 4/19/24
For sale is a casual Japanese ramen restaurant in the busy Hollywood shopping mall. Its current monthly sale is about $50,000. The current owner can't pay attention to the business because of family matters. It has just been remodeled in the community shopping center.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
$900,000
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Posting: 276168 | Available | 4/19/24
This is a high-profit sushi restaurant located in the affluent city of Mission Viejo. The current monthly sale is over $75,000 and is open 6 days a week. Its size is 2,700+ sq. ft with a sushi bar and spacious kitchen with a long hood.
Asking Price
$345,000
Cash flow
$85,888
Revenue
$600,000
Down
$125,000
Posting: 282779 | Available | 4/19/24
For sale is a prime location in the heart of Glendale. It is well-established on the busiest Blvd, with lots of cars and foot traffic. It is surrounded by a mix of commercial, residential, and retail stores. The building has 2 floors totaling 2,000 sqft. The second floor is used as an office lounge.
Asking Price
$125,000
Cash flow
$133,000
Revenue
$918,000
Down
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Posting: 284745 | Available | 4/19/24
This Chinese restaurant is an old-fashioned eatery preparing hearty, family-style Chinese meals for dine-in or carryout. Over 33 plus years in town, a local favorite is located in a strip center anchored by major national tenants, and other local retailers. There is ample parking to accommodate.
Asking Price
$350,000
Cash flow
$616,000
Revenue
$2,280,000
Down
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Posting: 285513 | Available | 4/19/24
For sale is a very busy location and many hotel guests come here to dine. The grill and the bar are well-run by all of the staff & management. It is pre-approved for an SBA Loan. The real estate is available to purchase for $1.5M or the Seller will lease.
Asking Price
$1,475,000
Cash flow
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Revenue
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Posting: 285242 | Available | 4/19/24
For sale is a famous restaurant located on the main street in Marina Del Rey. Its size is about 1,270 sq. ft with a spacious patio. Its rent is about $10,800 including NNN. It has a beer/wine license. The buyer can convert it into sushi, ramen, or Thai.
Asking Price
$165,000
Cash flow
N/A
Revenue
N/A
Down
$169,000
Posting: 286190 | Available | 4/18/24
For sale is a recently established pizza restaurant strategically situated in Corona, CA. This turnkey establishment improved with a cost of over $400K, including a state-of-the-art brick oven, and spans 1,500 square feet. The space is well-appointed with plentiful seating.
Asking Price
$169,000
Cash flow
N/A
Revenue
N/A
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Posting: 285185 | Available | 4/18/24
This is a Korean restaurant for sale in the Tenderloin area. This restaurant has been there for over 15 years. It has under the market rent including utilities and water ($4,500) and the size of the restaurant is about 2,500 sq ft.
Asking Price
$200,000
Cash flow
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Posting: 273569 | Available | 4/18/24
Price lowered! For sale is a Japanese sushi restaurant located in a big shopping center. It is 1,500 sq. ft and rent is $4,400 including water. It's only open for 6 days and the next owner can open for longer hours and bring more profit. The monthly sale is $80,000 and an SBA loan will be available.
Asking Price
$429,999
Cash flow
Call/Email
Revenue
$1,000,000
Down
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Posting: 286054 | Available | 4/22/24
For sale is a Mexican restaurant that is located inside a major shopping center with a supermarket anchor. No other Mexican restaurants in the complex & cannot open a new Mexican restaurant according to our lease agreement. There is plenty of parking. It has a beer & wine license.
Asking Price
$439,900
Cash flow
$475,000
Revenue
$3,000,000
Down
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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
$40,450
Revenue
$506,249
Down
$150,000
Posting: 286130 | Available | 4/23/24
Asset Sale Opportunity: Unlock the door to your culinary dreams with this enticing opportunity! Nestled in the heart of Sacramento this charming restaurant is now available for acquisition. Boasting a warm ambiance and a reputation for exquisite cuisine.
Asking Price
$150,000
Cash flow
$219,950
Revenue
$219,950
Down
$2,900,000
Posting: 283295 | Available | 4/21/24
This Silverlake restaurant and bar with liquor, onsite parking, and excellent street visibility boasts what may arguably be the most coveted outdoor patio in the area. The venue has 3 dining areas that open into an adjacent bar and outdoor patio. The corner property is included!
Asking Price
$2,900,000
Cash flow
Call/Email
Revenue
$4,500,000
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Posting: 285309 | Available | 4/24/24
Situated at a prime corner spot on a bustling main block in Los Angeles, this establishment resonates with rich global influences, creating a unique and inviting atmosphere. Boasting adaptable space accommodating up to 140 guests, the venue features timeless design elements.
Asking Price
$825,000
Cash flow
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Revenue
$525,000
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Posting: 285786 | Available | 4/26/24
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
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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
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Revenue
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Posting: 284472 | Available | 4/24/24
This is an exceptional restaurant & banquet facility for sale! This is a full-service banquet facility with ABC Type 47 liquor license & ABC Type 58 for catering. They have a seating capacity of over 360. There is vast parking space for guests and it is easily accessible from major freeways.
Asking Price
$4,500,000
Cash flow
$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
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Revenue
$718,000
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Posting: 283591 | Available | 12/1/23
For sale is an established American brunch dine-in restaurant in Fresno, CA. Gross sales are $90,000 a month. It is a 3,357 SF building with plenty of parking spaces. The location has been established for 30 plus years and is in a shopping center but the building is a stand alone building.
Asking Price
$349,000
Cash flow
$180,000
Revenue
$1,320,000
Down
$265,000
Posting: 263020 | Available | 10/19/20
Well established for 11 years and most famous japanese restaurant in the City of Montclair in San Bernardino County. Its running by Employee only. Buyer will be train for ownership how to handle the business. Volume increase every year.Pandemic is not impacted to the business and still running well.
Asking Price
$530,000
Cash flow
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Posting: 285006 | Available | 3/25/24
Asset sale- wood oven pizza restaurant for sale in Downtown Palo Alto. The shop is very clean and has a wide open dining space with a high ceiling. It has a nice ambiance with a sophisticated and minimalistic design. The shop is known for high-quality ingredients imported from Italy.
Asking Price
$250,000
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Posting: 282809 | Available | 9/13/23
This is a fantastic opportunity to purchase a profitable full-service Japanese restaurant in Poway with type 41 ABC license. Substantial fully fixturized kitchen with sizable hood, commercial ovens, and walk-in fridge and freezer. Located in a neighborhood shopping center with ample parking.
Asking Price
$659,000
Cash flow
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Posting: 284088 | Available | 11/29/23
For sale is a popular dumpling restaurant located in downtown San Leandro. It's in an excellent location facing a busy street with heavy foot traffic. It is a free-standing building with ample parking in the back. The dining area is bright with neat, spacious, and comfortable seating.
Asking Price
$180,000
Cash flow
$300,000
Revenue
$1,523,000
Down
$200,000
Posting: 285875 | Available | 3/28/24
This is such a successful Japanese restaurant in the town of Gilroy with a gross sales volume of over $1.5 mil. It has been 25 years in the same location. It is 2,529 sq ft. and rent is about $7,800 all inclusive per month. Their 10 year lease just renewed with one 10 year option to renew.
Asking Price
$690,000
Cash flow
$180,000
Revenue
$1,056,000
Down
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Posting: 285057 | Available | 2/8/24
For sale is a Mexican restaurant that is located inside a major shopping center with a supermarket anchor. There is plenty of parking. It has a beer wine license and they have 4-star Yelp reviews. This is the local favorite place for authentic Mexican food and margaritas after work.
Asking Price
$450,000
Cash flow
Call/Email
Revenue
$1,000,000
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Posting: 284908 | Available | 1/30/24
An exceptional opportunity awaits with this well-established Japanese sushi restaurant in a prime location emphasis on location, location, location! Boasting a spacious 2,001 sq.ft., this culinary gem is positioned for success. The current monthly sales average an impressive $90,000+.
Asking Price
$399,000
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Posting: 285084 | Available | 2/9/24
This absentee run, Japanese restaurant is now for sale. The restaurant has operated for 20(+) years by one owner and is beloved by the community. There is extensive goodwill that would transfer with this sale to a new owner. This Japanese sushi restaurant is located in a shopping center.
Asking Price
Call/Email
Cash flow
$150,000
Revenue
$925,000
Down
$50
Posting: 271401 | Available | 4/8/24
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
$160,000
Cash flow
Call/Email
Revenue
$1,901,716
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Posting: 285462 | Available | 3/1/24
The Mustard Seed is a "turnkey' business opportunity with 1.8 million annual sales, prime location with nice curb appeal. Located in a well-established area, in the heart of downtown Davis, with shopping and hotels within close walking distance.
Asking Price
$495,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 277905 | Available | 4/1/24
The price has been lowered! This is a closed restaurant for sale. This restaurant is located in Tenderloin Area. It is huge. The address is 177 Eddy St. San Francisco. The size of the restaurant is 4,000 sq. ft and rent is $8,500+ $1,000 (CAM). The hood is over 35 feet. There's a walk-in cooler.
Asking Price
$169,999
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
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
$204,000
Revenue
$1,900,000
Down
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Posting: 274336 | Available | 6/27/23
This business was established in 2007 and the present owner has been operating it since 2015. There is a banquet hall for 200, a dining area for 190, and a bar area for 45. The total capacity is 435. The lease term is until 2037. The building is 11,700 sq ft. The monthly rent is $15,715 per month.
Asking Price
Call/Email
Cash flow
$275,000
Revenue
$800,000
Down
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Posting: 261420 | Available | 11/7/23
For sale is an American BBQ restaurant with a seating capacity of 40+. The restaurant does a lot of catering which brings an additional income of $5k/month. They have a good landlord, good parking, at a nice corner neighborhood location. The concept can be changed.
Asking Price
$375,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$200,000
Posting: 284647 | Available | 3/25/24
This is a ready-to-use restaurant with three hoods (10, 6, and 4 feet), a grease trap, and modern kitchen gear. It even has a walk-in cooler and freezer. The sale includes a Type 41 license. But remember: No Indian, Mexican, Taiwanese Tea, Vietnamese, Poke, Yogurt, BBQ, or Chinese food allowed.
Asking Price
$200,000
Cash flow
Call / Email
Revenue
Call / Email
Down
$119,000
Posting: 259080 | Available | 9/30/20
Cafe breakfast and lunch: good volume short hours good lease absentee run. Seating 45 inside 35 outside nice patio. Good area. Owner reduced asking price. Open 8:am till 3 pm 7 days a week. Good lease this cafe been same locations over 30 years. Great cafe for family please serious buyer.
Asking Price
$119,000
Cash flow
Call/Email
Revenue
$1,112,883
Down
$599,000
Posting: 278835 | Available | 2/2/23
This Norwalk adjacent bar and restaurant with live entertainment and sidewalk seating boasts a loyal following due to its unique concept that helps to promote a stable patronage base, its live music and special event entertainment calendar, craft beer offering, and chef-driven menu offerings.
Asking Price
$599,000
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
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.
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For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
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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
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
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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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.
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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.
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.
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.
