Cash flow
$120,000
Revenue
$720,000
Down
Call/Email
Posting: 284374 | Available | 2/15/24
For sale, a delicious steakhouse with a Japanese flair to the menu. Established for 25 years. A B&W license is included. They have a superb wine list with some selling for $400/bottle. Their top-of-the-line food quality is served, with some entrees at $120, in a beautiful dining room. Michelin rated
Asking Price
$240,000
Cash flow
Call/Email
Revenue
$250,000
Down
$300,000
Posting: 285165 | Available | 2/15/24
The price has been reduced! This 6.94-acre mixed-use property is home to an iconic restaurant, wowing folks for almost 75 years with 180 degrees of stunning mountain and lake views and you can build your dream home on the residential portion of the property! Beer and wine included!
Asking Price
$1,299,999
Cash flow
$193,982
Revenue
$801,879
Down
Call/Email
Posting: 283956 | Available | 2/13/24
Since 1977, this restaurant has been a beloved provider of authentic and award-winning Thai cuisine serving La Canada Flintridge and its surrounding communities. Generations of customers have returned time and time again to eat classic favorites!
Asking Price
$350,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284230 | Available | 2/12/24
This is a modern pizzeria with a world-class Marra Forni rotating brick pizza oven for sale. Own a newly built and fantastically designed pizzeria in a busy East Bay community. It is located in a vibrant shopping complex that is home to over 20 food concepts and retail.
Asking Price
$299,000
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285111 | Available | 2/12/24
This long standing restaurant is in an excellent high traffic location surrounded by all the big name retailers like Target, Home Depot and Costco to name a few. The owner of 18 years has been operating as a Japanese restaurant and has made the difficult decision to retire.
Asking Price
$95,000
Cash flow
$150,000
Revenue
$520,000
Down
$140,000
Posting: 276231 | Available | 2/10/24
This is absentee-run Indian restaurant in Hollywood for sale in an excellent location, with spacious direct parkings. Excellent location in Hollywood area. Next to Panda Express. The owner does not cook. It is an easy operation. They do mostly pick up and deliver orders. It is 1,250 sq ft.
Asking Price
$350,000
Cash flow
$140,000
Revenue
$1,150,000
Down
Call/Email
Posting: 284502 | Available | 2/9/24
This pizzeria does great volume at almost $1.2m a year and the rent is $14k a month for about 1500 sf of space plus a nice and cozy patio. You can continue as this small franchise and pay 5% royalty and bring your established concept here which will be subject to landlord approval.
Asking Price
$249,000
Cash flow
Call/Email
Revenue
$385,082
Down
Call/Email
Posting: 284328 | Available | 2/9/24
Located in a vibrant North Bay Area Community that is thriving with shops, restaurants, music, and outdoor activities, this local pizza & pasta restaurant has been serving up its hand-crafted pizza & pasta dishes for almost 30 years! The loyal customer base enjoys many choices on the menu.
Asking Price
$130,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
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
Call/Email
Revenue
$1,500,000
Down
$30
Posting: 285083 | Available | 2/9/24
This Japanese sushi restaurant is located in a shopping center of Fremont. Great location and 100% absentee run. The owners have other businesses. They don't have enough time to take care of the restaurant. The monthly sales were $100,000~ $120,000 in 2023. The working owner will make more sales.
Asking Price
$445,000
Cash flow
N/A
Revenue
N/A
Down
$100
Posting: 285075 | Available | 2/9/24
This is an exciting opportunity for a strategically situated restaurant in Compton, as our establishment enjoys proximity to major corporations, warehouses, and the prestigious Cal State Dominguez, making it an ideal investment for savvy entrepreneurs. This is an asset sale only!
Asking Price
$300,000
Cash flow
Call/Email
Revenue
$1,020,537
Down
Call/Email
Posting: 281792 | Available | 2/8/24
This is a restaurant space for sale in San Francisco's vibrant Mission District. The space is located on a busy corridor and is a fully equipped restaurant space. The buildout has a clean, contemporary look that would be a great fit for a range of different concepts.
Asking Price
$99,000
Cash flow
$180,000
Revenue
$1,056,000
Down
Call/Email
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
$520,000
Down
All Cash
Posting: 285023 | Available | 2/8/24
For sale is a sports bar and grill that is equipped with 22 taps on beer tower on a custom made bar and 6 on kegerator = 28 taps. It has an on sale type 41 license for beer & wine. It in is located in a strip center with ample parking. The seating capacity is approximately 80+/-.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
$702,000
Down
$159,000
Posting: 285051 | Available | 2/8/24
For sale is a great opportunity, in the heart of old town Monrovia. This national franchise business is in a large shopping center anchored by other franchises, and surrounded by offices, retail, and residential buildings that bring lots of traffic year-round.
Asking Price
$159,000
Cash flow
$120,000
Revenue
$998,000
Down
$150,000
Posting: 283781 | Available | 2/8/24
For sale is colorful Japanese restaurant & sushi bar with a liquor license, located in a shopping center. The business was established in 1984. The present owner has been there for 9 years as semi-absentee, and it is help-run. There are 10 part-time and 3 full-time employees. It's open 6 days.
Asking Price
$198,000
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284285 | Available | 2/8/24
This is an extraordinarily well-maintained restaurant space with two fully equipped kitchens including one with an open-concept layout. With plenty of goodwill, architectural charm and high visibility this space is versatile and well-suited for a variety of restaurant and bar concepts to thrive.
Asking Price
$349,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$10,000
Posting: 281775 | Available | 2/8/24
This Santa Ana restaurant and bar is located in the heart of its popular historic district. The venue boasts a versatile layout in a prime location with liquor, sidewalk seating, convenient access, and stellar street visibility.
Asking Price
$299,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 283511 | Available | 2/8/24
For sale is a restaurant located on El Cajon Boulevard, North Park's main thoroughfare currently undergoing massive redevelopment. The restaurant is centrally located within San Diego County with a growing population of over 266,000 residents, all within a 3-mile radius.
Asking Price
$295,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 246661 | Available | 2/8/24
For sale is an asset sale Taiwanese boba tea, shaved ice, and dessert restaurant. It is well-known to the young crowd and locals. The owner has another business venture that requires his full attention. The store size is 2,237 sq ft. and the rent is $6,800/month. The lease terms are 5+5.
Asking Price
$119,000
Bldg Size
2,000 Sq.Ft
Space Being Rented
no Sq.Ft
Year Built
Call / Email
Posting: 285061 | Available | 2/8/24
A restaurant is available for lease in downtown Palo Alto. Palo Alto is recognized as a global leader in cutting-edge tech development, known as the "Birthplace of Silicon Valley.' University Avenue runs through downtown Palo Alto and has casual & upscale restaurants, plus a well-known chain store.
Lease Amount
$28,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285042 | Available | 2/7/24
An East Asian restaurant for sale is in a great location. It has easy access to the freeway, with ample parking. They have a beer and wine license and a spacious dining area. There are two ADA restrooms. It can be converted. It is 3,000 square feet. Rent is $8,600+$2,500 (garbage & NNN).
Asking Price
$350,000
Cash flow
$180,000
Revenue
$1,140,000
Down
Call/Email
Posting: 285021 | Available | 2/6/24
This sushi restaurant It is located in a plaza with a lot of traffic. There are many famous restaurants in the same plaza, such as Taco Bell, Dunkin Donuts, a Thai restaurant, and Jersey Mike's, so there is a lot of floating population. It is currently open only 5 days a week.
Asking Price
$389,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 281519 | Available | 2/6/24
For sale is a stand-alone cafe with a large patio near downtown and the sea. The sale includes a Type 41 Liquor License. Regulars and tourists have patronized this iconic location for decades. This location is now being offered to new owners that can build upon their current business.
Asking Price
$155,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284999 | Available | 2/5/24
Currently operating as an Italian restaurant, this popular chef is leaving behind a very desirable location and well-built out restaurant. The kitchen is immaculate with like-new equipment. The premise is approximately 2,350 SF. Monthly rent is $11,000/month with 10 years remaining on the lease.
Asking Price
$239,000
Cash flow
$96,000
Revenue
$324,000
Down
$124,000
Posting: 283243 | Available | 2/4/24
This is a Mediterranean-style restaurant right next to the Newport Beach and has been run by the current owner for 7 years.Corner location.The owner works 5 days a week.The rent is $3742, which is cheap compared to the surrounding market price. The sellers want to retire. It is in a corner location.
Asking Price
$238,000
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
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
$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: 285056 | Available | 4/25/24
Experience the epitome of elegance and refinement at our renowned establishment, where breathtaking views, exquisite dining, and a romantic ambiance converge to create an unparalleled dining experience. It is recognized as the Inland Empire's premier destination for romance and ambiance.
Asking Price
$2,500,000
Cash flow
Call/Email
Revenue
$525,000
Down
Call/Email
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
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
$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
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283904 | Available | 11/17/23
This is a rare opportunity to acquire a well-established and newly remodeled Asian fusion restaurant in the heart of Humboldt County. The turnkey restaurant boasts a prime location, a favorable long-term lease with exceptionally low rent, and two five-year lease options.
Asking Price
$200,000
Cash flow
$135,613
Revenue
$615,051
Down
Call/Email
Posting: 280394 | Available | 4/9/24
This is a downtown Santa Barbara restaurant with beer and wine for sale in an ideal location. It is absentee-run and is a turnkey restaurant. A local can easily increase sales to past levels and more. It has new bathrooms and kitchen flooring and additional dining room upgrades have been completed.
Asking Price
$399,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 280646 | Available | 8/12/23
For sale is a Sacramento County Type 47 ABC license. It Authorizes the sale of beer, wine, and distilled spirits for consumption on the licensed premises.
Asking Price
$50,000
Cash flow
$192,000
Revenue
$1,080,000
Down
Call/Email
Posting: 284136 | Available | 3/21/24
This location is great as the parking is huge and this is hands down the best breakfast and lunch restaurant in the area. The restaurant is super clean and a nice place to enjoy the delicious breakfast and lunch with the family and friends. Food quality is unprecedented, excellent, and incredible.
Asking Price
$450,000
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
Cash flow
Call/Email
Revenue
$1,610,768
Down
$795,000
Posting: 278857 | Available | 3/15/23
This Temecula bar and restaurant with multiple bars boasts stellar freeway access, main street visibility, a spacious parking lot, and live entertainment with a new, highly versatile build-out that allows the venue to simultaneously offer dining and live music in separate spaces.
Asking Price
$795,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
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
Bldg Size
Call / Email
Space Being Rented
2,565 sq. Sq.Ft
Year Built
Call / Email
Posting: 283112 | Available | 4/9/24
This turnkey restaurant is ready to open now! It can take any concept. It has a fully equipped commercial kitchen including a commercial oven, walk-in freezer, walk-in fridge, and ample storage space. There is a public parking garage behind the restaurant with the first 75 minutes free.
Lease Amount
$3.45 + $0.97 (NNN)
Cash flow
Call/Email
Revenue
$6,000,000
Down
$25
Posting: 276422 | Available | 3/4/23
This is a well-established, high-volume seafood & Asian fusion restaurant for sale located in a very busy shopping center in San Fernando, Los Angeles County, CA. It is a 100% absentee-run business with so much potential to increase the current sales volume. The annual sales are over $6,000,000.
Asking Price
$2,200,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 282888 | Available | 9/16/23
For an asset sale is a Middle Eastern cuisine restaurant with excellent potential. It is located in the upscale community close to beach area. It is easy to convert it to another concept. There is great growth potential to add B&W license to the business. Water & trash is included in the rent.
Asking Price
$190,000
Cash flow
$91,000
Revenue
$1,190,000
Down
Call/Email
Posting: 283277 | Available | 10/9/23
We are pleased to offer this popular restaurant and bar in one of Roseville’s most prestigious retail areas. This casually elegant restaurant offers patrons the perfect place for a date night or celebration. Still, its relaxed atmosphere and moderate price point make it a nice choice to eat at.
Asking Price
$249,000
Cash flow
$250,000
Revenue
$1,200,000
Down
$200,000
Posting: 237148 | Available | 6/19/19
High sales volume Indian Restaurant. $1.2M yearly sale average. Monthly net income $20,000. Many order thru Uber/Yes24/GrubHub. Many clients accounts with Hollywood Movie staffs, apartments tenants. Thur.- Sat. super busy restaurant. Easy operation. Help run Biz. Good parkings in Hollywood area.
Asking Price
$450,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285264 | Available | 3/30/24
For sale is a beautiful, newly built-out, 2nd generation bar with a Type 47 liquor license and full kitchen in Old Oakland! The tenant is to take over an existing lease. This is a great opportunity to purchase a gorgeous new deco-style bar in Old Oakland District.
Asking Price
Call/Email
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 277040 | Available | 9/7/23
The owners are very motivated to sell this San Francisco restaurant. The food inventory is included in the purchase price. The restaurant is currently serving Japanese/Chinese food, but it can be converted into a popular Thai or other types of cuisine.
Asking Price
$78,000
Cash flow
$100,000
Revenue
$720,000
Down
$120,000
Posting: 284940 | Available | 3/27/24
Discover the essence of Venezuelan cuisine in this thriving restaurant, boasting a full liquor license (47-on-sale general) for a complete dining experience. Spanning approximately 3,000 sq. ft., the restaurant offers a spacious setting with a reasonable monthly rent of $6,100.
Asking Price
$340,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 275368 | Available | 4/12/24
This is an Asian fusion restaurant for an asset sale. The restaurant has a big patio area. The restaurant is in a busy foot traffic area. The size of the restaurant is 1,500 sq. ft, and rent is $5,600 including CAM (1.5 years + 5 options remaining). There is a 10 feet hood.
Asking Price
$188,888
Cash flow
$180,000
Revenue
$1,056,000
Down
Call/Email
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
Call/Email
Down
Call/Email
Posting: 269666 | Available | 3/17/24
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285615 | Available | 3/12/24
Bring your own concept to a downtown Livermore space that has a modern vibe and Asian twist. They have two square tables that seat eight people flank the entrance - the Octables! The menu is unique & contains unfamiliar items which was very exciting.
Asking Price
$250,000
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
For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
ServingNationwide - All Areas
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
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
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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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.
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.
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.
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.
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.
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...
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!
What are actual adjusted net earnings (cash flow) of a small business being purchased with business acquisition SBA Loan financing? That's an important amount that lenders need to know. Peter Siegel, MBA (BizBen.com, SBALoanAdvisors.com Founder) reviews this important concept with BizBen Blog users.
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.
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.
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.
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.
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.
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 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.
