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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
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Revenue
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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
Call/Email
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
Call/Email
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
Call/Email
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
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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
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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
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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
Call/Email
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
Down
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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
Call/Email
Revenue
Call
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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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Revenue
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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
$261,360
Revenue
$1,423,656
Down
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Posting: 286182 | Available | 4/18/24
This is a sushi restaurant located in a plaza with a lot of traffic. It is currently open 5 days a week, but sales are expected to increase even more if it opens on Sundays. Currently operating 5 days a week, the average monthly sales is $120,000. This restaurant has a lot of regular customers.
Asking Price
$479,000
Cash flow
Call/Email
Revenue
$1,716,000
Down
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Posting: 286180 | Available | 4/18/24
This restaurant is known for serving a variety of authentic Mexican cuisine and offer a full bar with a wide selection of tequilas, margaritas, and other cocktails. The restaurant has a casual and lively atmosphere, with colorful decor and friendly service. They have both indoor and outdoor seating.
Asking Price
$699,000
Cash flow
$96,000
Revenue
$600,000
Down
$50
Posting: 286175 | Available | 4/17/24
There is a sushi restaurant in Placentia with low rent, only open 5.5 days a week, closed on Tuesday and open for only half a day on Saturday. The rent is only $1,200 per month, and there is potential to grow this business since the owner only works 3 days a week.
Asking Price
$180,000
Cash flow
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Cash Only
Posting: 286161 | Available | 4/17/24
An asset sale is available for an El Pollo style restaurant with an open kitchen and a seating capacity for 30 or more. The restaurant features a walk-in cooler and a fountain drink station. The owner, who has another job, is unable to continue with this business.
Asking Price
$175,000
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Posting: 286154 | Available | 4/16/24
For sale in Downtown San Francisco, California is an American breakfast restaurant. It is on a busy street and the owner will be retiring. The price is $170,000.
Asking Price
$170,000
Cash flow
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Posting: 286153 | Available | 4/16/24
Seize the opportunity to own a well-established and profitable bar and restaurant in a prime location. This venue boasts a loyal customer base and includes a spacious kitchen, beautiful bar, outdoor patio, DJ booth, and dance floor. Fully operational with a Type 47 liquor license.
Asking Price
$499,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 284361 | Available | 4/16/24
For sale: a true gem with a recent sizable investment dedicated to renovations and unobstructed bay views from the courtyard. Located in a thriving destination for both locals and tourists alike. Great opportunity to capitalize on strong food court traffic, low overhead, and Type 41 ABC License.
Asking Price
$225,000
Cash flow
$85,000
Revenue
$1,500,000
Down
$700,000
Posting: 285055 | Available | 4/16/24
This esteemed American restaurant, a beloved staple since its establishment in 1956, presents a unique opportunity for a new owner. Operating with a consistent schedule of 6 AM-2 PM, six days a week, it boasts a high volume of patronage, nurtured under the same ownership for an impressive 48 years.
Asking Price
$700,000
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
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Revenue
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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
$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
$1,000,000
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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
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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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
$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
$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
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
$480,000
Down
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Posting: 281976 | Available | 4/1/24
This is an American breakfast and lunch restaurant for sale. This restaurant is located in the little behind of busy shopping center. The size is about 1,900 sq ft. and the rent is $6,000 including CAM (water and garbage are included). The next owner could keep the menu or bring your menu.
Asking Price
$189,999
Cash flow
Call/Email
Revenue
$375,000
Down
All Cash
Posting: 285692 | Available | 3/18/24
For sale is a well-established, 100% absentee run cajun seafood & crawfish restaurant located in busy shopping center in Pomona. Because current owner has other locations and couldn't manage it well, it is being sold. It has a beer & wine license #41.
Asking Price
$175,000
Cash flow
$314,812
Revenue
$1,232,808
Down
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Posting: 280396 | Available | 2/18/24
For sale is this popular historic (circa 1859) boutique hotel, restaurant & bar with patio dining and including the owner's entirely separate detached 2-bedroom apartment. This is a hotel & restaurant business and a home all in one. The lot size is over 11,500 sq. ft.
Asking Price
$2,300,000
Cash flow
Call/Email
Revenue
$1,109,710
Down
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Posting: 283119 | Available | 10/1/23
Located in high-traffic Sherman Oaks, this establishment, with a strong dedicated following, has been consistently profitable and includes a beer/wine license with significant growth opportunities. Customers come to enjoy the authentic Mexican flavors without animal products.
Asking Price
$129,000
Cash flow
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Revenue
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Posting: 283356 | Available | 10/13/23
This is a great opportunity for an owner-operator who wants to make a very high net profit. This 1,800 sq ft restaurant in the heart of Contra Costa County has two kitchens. The owner claims the rent is $2,800/m + $600 NNN. It is open from 10 AM to 1 AM. Store does $60,000/month in sales.
Asking Price
$450,000
Cash flow
$200,000
Revenue
$850,000
Down
$145,000
Posting: 281632 | Available | 3/24/24
For sale is a great and well-established sushi restaurant with 4.5 stars on Yelp! Currently, the store opens for 5 days a week because of a shortage of employees and its monthly sale is currently around $70,000. Its size is about just 1,200 sq ft. with a great rent of $3,620 including NNN.
Asking Price
$285,000
Cash flow
$72,000
Revenue
$390,000
Down
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Posting: 279123 | Available | 4/24/24
This is a good grill teriyaki restaurant for sale in Los Angeles County. The store is run by a semi-absentee owner. Its gross sales are around $32,500/month, and its size is 1,200 sq. ft. The rent is around $3,600/month, and they are open 6 days a week and closed on Sunday.
Asking Price
$139,000
Cash flow
Call/Email
Revenue
$958,000
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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
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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
$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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Revenue
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Posting: 284089 | Available | 11/29/23
This amazing BBQ restaurant is located in a busy shopping center and close to many Hi-Tech companies and commercials in Milpitas. The shopping center also has a large supermarket to bring heavy foot traffic. Excellent location with ample parking spaces. The kitchen is fully equipped.
Asking Price
$248,000
Cash flow
N/A
Revenue
N/A
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Posting: 283195 | Available | 3/12/24
This is a fantastic wine bar w/ bites location with a newly zoned patio for sale in the heart of Oakland's city hall plaza. The well-designed wine bar-bistro style space resides within this stunning historic triangular building at 102 Frank Ogawa Plaza.
Asking Price
$178,000
Cash flow
$91,224
Revenue
$1,486,874
Down
$149,000
Posting: 284826 | Available | 1/24/24
This establishment presents an enticing opportunity for big brand-name franchises or upscale coffee shops. This is a prime location, full-service restaurant opportunity in the Heart of Orange County! Nestled within one of the region's major malls, this restaurant boasts high foot traffic.
Asking Price
$149,000
Cash flow
$195,000
Revenue
$1,080,000
Down
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Posting: 274973 | Available | 3/23/24
This family restaurant is a relatively undiscovered gem and the food is phenomenal, scrumptious and out of this world. This enchanting restaurant has an outstanding business reputation with a genuinely local customer base. The restaurant is by far the best and second to none and the food is amazing.
Asking Price
$450,000
Cash flow
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Revenue
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Posting: 275928 | Available | 3/11/24
This is an authentic Indian-Pakistani Restaurant, known for its delicious food, lavish decor, and fantastic ambiance. Located three blocks from Union Square, this restaurant has been under the same ownership since 1999. Very high foot traffic area. Convertible to any cuisine. This is an asset sale.
Asking Price
$249,000
Cash flow
$204,000
Revenue
$1,900,000
Down
Call/Email
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
Call/Email
Revenue
$791,799
Down
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Posting: 283473 | Available | 1/20/24
This traditional, family-run, Japanese restaurant is now for sale. The restaurant has operated for decades and is beloved and supported by the community. There is extensive goodwill that would transfer with this sale to a new owner. The building is located in a busy Eastbay community growing fast.
Asking Price
$198,000
Cash flow
CALL ME
Revenue
$360,000
Down
Call/Email
Posting: 283283 | Available | 2/28/24
The owner is currently operating a sushi restaurant. The buyer can continue to run it as a sushi restaurant or change it to a different concept of their choice. The restaurant comes with almost all the necessary equipment. The available seating capacity is 80 seats.
Asking Price
$90,000
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
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
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
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
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
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
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.
ServingNationwide
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
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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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...
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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.
