Cash flow
Call/Email
Revenue
$2,000,000
Down
Call/Email
Posting: 281576 | Available | 11/21/23
This is a high-end Chinese restaurant with a hard liquor #47 license. The size is approximately 7,000 sq. ft and rent is $21,000 including NNN. The lease is a 9-year + 10-year option. It is a 100% absentee-run business with so much potential to increase the current sales volume.
Asking Price
$750,000
Cash flow
$96,000
Revenue
$550,000
Down
$188,000
Posting: 283945 | Available | 11/20/23
For sale is a ramen, teriyaki, and roll restaurant. They have upgraded equipment and furniture. It is in a cute and good location of Lakewood, Los Angeles County, CA. It si 1,300 sq ft. It is mainly employee-run.
Asking Price
$188,000
Cash flow
Call/Email
Revenue
$1,200,000
Down
$350,000
Posting: 283930 | In Escrow | 11/20/23
The average gross sales are $106k a month from the seller's description. The financials only show for serious buyers. A beer & wine permit is included. It has a fully equipped kitchen such as type 1 hood, walk-in cooler, walk-in freezer, and large grease trap of 1,500 gallons.
Asking Price
$350,000
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283869 | Available | 11/15/23
This restaurant features a type-47 ABC license (valued at $385,000), is located on a main thoroughfare, and has been in business for more than 30 years. Famous for its unique menu, the restaurant has repeatedly won awards over the years, has been featured in multiple publications.
Asking Price
$425,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283851 | Available | 11/14/23
This is a fully-fixtured restaurant asset sale in Carmel Valley in an excellent shopping center near the I-5 and SR-56 highways. They are in a great anchor and co-tenants and lots of parking in front of the restaurant. A Type 41 liquor license is included in the sale.
Asking Price
$79,000
Cash flow
$260,000
Revenue
$1,400,000
Down
Call/Email
Posting: 258581 | Available | 11/14/23
This is an absentee owner BBQ and bar that's been well known for many years. The property is available for sale for a total of $2,800,000. It has a gross revenue of $1,400,000 annually and nets over $260,000 annually. The manager has been running the business for many years.
Asking Price
$589,000
Cash flow
$250,000
Revenue
$1,800,000
Down
Call/Email
Posting: 258583 | Available | 11/14/23
This is a semi-absentee coffee shop that serves breakfast, lunch, and dinner. Also, the coffee shop has a full bar, and the business has been established for a long time. An owner-operator would do much better. It has a revenue of $1.8M annually and nets $250,000 annually.
Asking Price
$699,000
Cash flow
$200,000
Revenue
$1,400,000
Down
Cash Only
Posting: 237403 | Available | 11/14/23
This is an absentee owner operation with high volume and high net profit. It consists of Middle Eastern/Indian grocery items, a meat department, a bakery, and a restaurant serving Afghan food, or you can use any other food. This is around a central East Bay location so it is close to 880-680 area.
Asking Price
$400,000
Cash flow
$12,000
Revenue
$12,000
Down
$1,300,000
Posting: 283087 | Available | 11/14/23
This West Hollywood bar and grill, which has been a perennial hot spot for nearly 15 years, boasts stellar street visibility, an ideal outdoor patio, entertainment and its own onsite parking lot.
Asking Price
$1,300,000
Cash flow
$220,010
Revenue
$847,651
Down
$10,000
Posting: 283842 | Available | 11/14/23
This Long Beach Coastal bar and grill is located in the city's most coveted hospitality and entertainment area. The relatedly new gastropub boasts fantastic street visibility, outdoor patio and a highly flexible build-out that may be adapted to any number of bar and food driven concepts.
Asking Price
$425,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$250,000
Posting: 280835 | Available | 11/14/23
This Long Beach venue is ideally located in a heavy foot traffic location with high visibility and a tremendous amount of potential to do a significant volume of business. The venue with a 60-person occupancy boasts a prominent corner location and outdoor patio.
Asking Price
$150,000
Cash flow
$152,600
Revenue
$840,000
Down
$250,000
Posting: 281774 | Available | 11/13/23
This is a restaurant with a hookah cocktail bar, located in the famous NoHo Arts District which is the center of entertainment in LA. It has been established for 18 years, 3 years with the present owner. The building size is 2,100 SF, completely remodeled and upgraded with a modern touch.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 278019 | Available | 11/10/23
For sale is a high cash flow, well-established Japanese restaurant with excellent reviews. The owner has owned it for 8 years but they want to relocate/retire. It is 800 sq. ft with a small backyard. The seller's lease is valid for the next 2 years with one 5-year option.
Asking Price
$299,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 277326 | Available | 11/10/23
For sale is a well-established, high-cash-flow Japanese restaurant with great neighborhood reviews. The seller's estimated net cash minimum is $25,000 ~ $30,000 monthly. It has a good lease with options available. A new lease is negotiable with the landlord.
Asking Price
$299,000
Cash flow
$120,000
Revenue
$300,000
Down
Call/Email
Posting: 283784 | Available | 11/9/23
For sale is a well-established hamburger restaurant that has been operating for over 70 years, 12 years being with the current owner. It's in an ideal location in the center of a well-mixed commercial & residential area in the restaurant streets of Anaheim. The restaurant is a simple operation.
Asking Price
$170,000
Cash flow
$816,317
Revenue
$8,214,000
Down
Call/Email
Posting: 283775 | Available | 11/9/23
A group of 3 experienced-based restaurants located in tourism-centric cities (with a fourth opening soon) is available for acquisition by a larger restaurant group. The concept a convergence of an American buffet and hibachi grill creates a personal interactive dining experience
Asking Price
$10,000,000
Cash flow
N/A
Revenue
N/A
Down
Cash Only
Posting: 283770 | Available | 11/8/23
For sale is a restaurant that is on a great location on a major road. It is in an affluent area of Long Beach at Belmont shore. It is within walking distance to the beach. It comes with a beer and wine license for this asset sale. The purchase price includes a nice patio and updated modern decor.
Asking Price
$245,000
Cash flow
$275,000
Revenue
$800,000
Down
Call/Email
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
$240,000
Revenue
$240,000
Down
$200,000
Posting: 283704 | Available | 11/6/23
For sale is a Mediterranean restaurant & hookah lounge. It has a high cash flow($240,000) and is an excellent location with a full kitchen with a 41 license. The current owner has been there for 10 years now. The sales tax report is $7,300/month, so a loan is available with about a 30% down payment.
Asking Price
$400,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283691 | Available | 11/4/23
This is a fantastic opportunity to take over this great new restaurant that is located right in the heart of busy, downtown Santa Rosa CA. The beautifully appointed restaurant in the downtown core features a tin ceiling, a richly decorated bar, and a parklet for outdoor patio seating.
Asking Price
$75,000
Cash flow
$171,629
Revenue
$601,369
Down
All Cash
Posting: 282418 | Available | 11/3/23
The price has reduced by $200K to $390,000including the type 47 license. It has been family-owned/operated and established 10 years. The 2022 sales were $601,369 and the owner-adjusted cash flow was $171,629. The lease is 3 years with a 5-year option for 1,800 sq ft. It is $,5400 per month for rent.
Asking Price
$390,000
Cash flow
$130,000
Revenue
$735,000
Down
$429,000
Posting: 282996 | Available | 11/1/23
For sale is a centrally located bar in an area that is well known for its dining and entertainment options. It's upscale prime location in Glendale entertainment district (no CUP needed) with lots of cars and foot traffic. The atmosphere and vibrant community make it a go-to destination.
Asking Price
$429,000
Cash flow
$78,000
Revenue
$443,000
Down
Call/Email
Posting: 283622 | Available | 10/31/23
This is an opportunity to become part of an American tradition with this nostalgic frosty restaurant and walk up! The sale includes a profitable quick-serve business and restaurant building in a desirable Roseville location. It was recently renovated. Business does $443k in sales and nets $78k.
Asking Price
$749,000
Cash flow
$108,000
Revenue
$60,000
Down
$169,000
Posting: 282564 | Sold | 10/31/23
For sale is a fully-equipped Japanese restaurant in a shopping center in San Jose. The estimated gross is $50,000/month and the estimated cash flow is $9,000/month. The rent is $4,106/month and the lease goes until 2026 (an extension is negotiable). It is 1,200 sq ft. It is open for 5 days.
Asking Price
$169,000
Cash flow
$250,000
Revenue
$849,207
Down
Call/Email
Posting: 283609 | Available | 10/31/23
This business is truly prime for new owners to take it into its next era. This establishment is the definition of family legacy, preparing authentic recipes daily from scratch and fresh ingredients, passed down from 30 years of tradition. They are situated in an extremely high traffic location.
Asking Price
$750,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281654 | Available | 10/30/23
This is a rare real estate and business opportunity in the popular tourist town of Guerneville within Sonoma County is now for sale. The nearly half acre lot is over 20,000 sq ft. and includes a separate parking lot with electricity. The ~10,000 sq ft. building has two levels.
Asking Price
$1,600,000
Cash flow
$120,000
Revenue
$600,000
Down
$189,000
Posting: 283568 | In Escrow | 10/27/23
This is a profitable Mediterranean restaurant in a popular commercial area. It is located in a busy center by heavy traffic streets with high visibility and close to residential areas. Previously it was a Chinese restaurant with a well-equipped double kitchen ideal for Asian menu concepts.
Asking Price
$189,000
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
Call/Email
Down
Call/Email
Posting: 284472 | Available | 4/24/24
This is an exceptional restaurant & banquet facility for sale! This is a full-service banquet facility with ABC Type 47 liquor license & ABC Type 58 for catering. They have a seating capacity of over 360. There is vast parking space for guests and it is easily accessible from major freeways.
Asking Price
$4,500,000
Cash flow
Call/Email
Revenue
$525,000
Down
Call/Email
Posting: 285786 | Available | 4/19/24
This established pizza business is known for its premium pizzas and commitment to quality. While the current owner prioritizes quality over quantity, there's ample room for a new owner to convert to their own vision. It is a prime location in a shopping center with high visibility.
Asking Price
$245,000
Cash flow
$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
$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
$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
$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
$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
$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
$220,000
Posting: 276520 | Available | 4/1/24
For sale is a restaurant that is currently running as a Middle Eastern restaurant but can be converted to any concept. It is 1,450 sq. ft and outdoor seating is allowed. The rent is $7,500. The garbage and water bill are $500. It seats 60 people and has two bathrooms. The lease is 5 years plus 5.
Asking Price
$220,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 285316 | Available | 2/23/24
For sale is a hot pot shabu restaurant opportunity with the commercial building + land. It is very profitable and is located in Mission Viejo. It has reasonable leases and landlords. But, you can be your own landlord and business owner. The recipes, training, and business model will be included.
Asking Price
$300,000
Cash flow
$240,000
Revenue
$2,400,000
Down
$200,000
Posting: 285095 | Available | 3/26/24
Located in San Gabriel Valley of Los Angeles is this long-established restaurant under current ownership for decades. This Mexican restaurant with its full bar and large patio offers its patrons authentic traditional cuisine and a great hospitality experience in a warm and friendly atmosphere.
Asking Price
$699,999
Cash flow
N/A
Revenue
$600,000
Down
Call/Email
Posting: 281644 | Available | 2/23/24
The restaurant is located in Eagle Rock. The restaurant has a fully equipped kitchen. They have walk-ins and a grease interceptor. Eagle Rock is an electric neighborhood northwest of Downtown Los Angeles with working-class roots and a hip, laid-back vibe.
Asking Price
$140,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$45,000
Posting: 285979 | Available | 4/4/24
For an asset sale located in South Los Angeles is a fish and chips restaurant in a free-standing building that is 390 sq ft. for a rent of $2,500. There is a hood & walk-in cooler.
Asking Price
$45,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
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
Call/Email
Revenue
$1,200,000
Down
$350,000
Posting: 283930 | In Escrow | 11/20/23
The average gross sales are $106k a month from the seller's description. The financials only show for serious buyers. A beer & wine permit is included. It has a fully equipped kitchen such as type 1 hood, walk-in cooler, walk-in freezer, and large grease trap of 1,500 gallons.
Asking Price
$350,000
Cash flow
$200,000
Revenue
$1,400,000
Down
All Cash
Posting: 286042 | Available | 4/8/24
The business located in the beautiful Historical Old Town of Orange is very profitable! Its success can be attributed to several factors, including its prime location, high traffic area, and proximity to the circle. The area boasts great visibility, street access, and favorable demographics.
Asking Price
$450,000
Cash flow
$180,000
Revenue
$850,000
Down
All Cash
Posting: 281448 | Available | 6/29/23
For sale is a prime location in Pacific Palisades, a high-end restaurant with a full liquor license, and great free parking which you rarely get in this area. It is well-known for great food and great service since 1985. It has very short business operating hours and great income.
Asking Price
$380,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284669 | Available | 3/8/24
For sale is a newly remodeled restaurant on a busy 24 Street. It has a beer/wine license, an open kitchen with a 14 feet hood, walk-in cooler, all sinks, other kitchen equipment, and a good size storage. There are two ADA restrooms in the 2,600 sq ft building. Rent is $6,900 including NNN (10 yrs).
Asking Price
$175,000
Cash flow
Call/Email
Revenue
$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
$276,000
Revenue
$840,000
Down
Call/Email
Posting: 275156 | Available | 2/25/24
This restaurant has very big potential as it is located in a high foot traffic area and they are very busy. This restaurant is not an all-you-can-eat. So the profit margin is good. This restaurant's menu is very simple. It is easy to operate, so you don't need many employees.
Asking Price
$270,000
Cash flow
$180,000
Revenue
Call/Email
Down
Call/Email
Posting: 275064 | Available | 3/5/23
This is a fusion teriyaki restaurant for sale in Los Angeles County, CA. It is located in a dense retail corridor in the Orchard Shopping Plaza. The rent is $3,900 with 9.5 years on the lease remaining. The present owner has been running it for over 5 years. They have a triple net leased property.
Asking Price
$295,000
Cash flow
$324,000
Revenue
$2,320,000
Down
Call/Email
Posting: 283353 | Available | 3/22/24
It had a strong pandemic recovery with a long-term lease. This opportunity is a turnkey opportunity! Denny's Inc. has over 1,600 quality full-service Denny's restaurants across the United States. 1 million dollars net worth with at least $500K liquid. Restaurant experience required.
Asking Price
$885,000
Cash flow
$90,000
Revenue
$375,000
Down
Call/Email
Posting: 285599 | Available | 3/11/24
For sale is a fantastic opportunity for a long-time successful sushi restaurant! It has been 27 years in business with a very well-known and established name. They have great reviews and ratings with a large customer following. It is a super location with a permitted parklet.
Asking Price
$100,000
Cash flow
$180,000
Revenue
$528,000
Down
$400,000
Posting: 286123 | Available | 4/14/24
A well-established Korean-style teriyaki restaurant is located in Riverside's newer area, boasting 13 years of ownership under the same proprietor. With a low food cost of only 24%, it offers high margins and is professionally set up akin to a franchise.
Asking Price
$400,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284116 | Available | 12/1/23
This is a breakfast & lunch cafe for sale. They sell American and Korean sandwiches and breakfast food. They are open 5 days a week (closed on weekends) from 6am-3:30pm. They have excellent Yelp reviews. The owner has owned it for 10 years but wants to retire.
Asking Price
$149,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
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
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
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
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
I am 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
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.
ServingNationwide
Looking to buy restaurant businesses? Check out these tips first to avoid getting blindsided when you buy restaurants. Peter Siegel, MBA with BizBen.com discusses this topic.
Many California small business investors want to buy a restaurant. People always need to eat; there should be plenty of business. And some buyers think there is prestige to owning a popular eating establishment. But it isn't an easy purchase. Here's what not to do when planning to buy a restaurant.
Peter Siegel, MBA discusses buying pizza restaurant for sale tips and what to watch out for. Topics: Owner involvement in the business as pizzerias are most successful when the owner is onsite. Also discussed is the importance of location and reviewing all financial and tax information.
The process for making a liquor license transfer used to take approximately 55-70 days, but now because of labor shortages and work protocols, it can be up to 3 months in California, for example. The longer an escrow is open, the greater the chance of having it fall out of escrow.
When seeking large SBA business acquisition financing loans, it helps to review seller's add backs (cash flow analysis) as a source of funding to service the debt. Peter Siegel, MBA - SBALoanAdvisors.com Founder covers this specific topic for business buyers, owner/sellers, agents, business brokers.
First impressions are critical when selling a business - ask any potential business buyer. Peter Siegel, Founder Of BizBen explains why all potential small business sellers need to make sure that first impression is a good one.
This webinar is designed for business buyers, owner/sellers, business brokers, agents, and advisors who can benefit on the latest information and strategies on procuring large SBA loans to buy or sale a "large" small business - typically priced between $500K to $10M. Peter Siegel, MBA is the host.
What is your goal in 5 years? Do you want to become a business owner? Buying a business can be an exciting, safe opportunity to gain financial freedom. But how to buy the right business? This article will walk you through the process of buying a business.
To start a business or try something new, starting a franchise business is a great option. In this blog, we'll break down everything you need to know about buying a franchise in simple, easy-to-understand terms. This guide is for business owners, whether experienced or new.
Most owners know that when choosing a broker to help sell your business, it's good to find out about his or her background and maybe get some references of people who've worked with the professional. Before signing a listing agreement, it helps to know these extra things about the business broker.
With the economy in growth mode, many owners of small companies who are ready to retire or invest in another enterprise would be smart to offer their business for sale. But some insist on hanging on as owner just a little bit longer. And that might be a mistake. Three reasons people make this error.
Unlike a traditional brick and mortar business, selling a home business requires more finesse on the part of the seller. You really need to do your due diligence and prepare the business to be sold in order to make it attractive to a buyer. Here are my tips to achieving a successful sale.
The latest BizBen.com survey of Business Brokers and Agents outlined what it takes to be a top ten percent performer in the business brokerage industry. From good communication to utilizing your resources, these traits are something to take note of and put into practice to be successful.
The use of add backs & sellers discretionary cash is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains.
Owners should keep the fact that they want to sell their small business confidential. Before releasing information to prospective buyers, buyers should commit to confidentiality in writing & should understand why it is important. Peter Siegel, MBA a ProBuy and ProSell Advisor with BizBen explains.
First the dreaded statistic: 80% of all business buyers looking to buy a small business never end up doing so! Peter Siegel, MBA BizBen.com Founder & ProBuy Director) covers successful tactics & strategies all business buyers of small to mid-sized businesses should utilize now to buy a business.
Approaching business owners directly to see if they want to sell can sometimes work well for business buyers searching to buy a small business. Another way is to broadcast your search criteria via the BizBen ProBuy Program to all brokers, agents, and intermediaries who are selling a small business.
SBA large loan expert and advisor Peter Siegel, MBA (BizBen.com & SBALoanAdvisors.com Founder) shares his views and experience for getting the right SBA loan for larger deals, getting deals professionally prequalified & analyzed, and getting that loan through underwriting with fewer complications!
In my experience working with the "right banks and financial institutions" repayment ability sometimes overrules collateral pledged by someone needing financing for a business purchase or a down payment. Peter Siegel, MBA - BizBen's ProBuy, ProSell Lead Facilitator explores this important topic.
Despite challenges in the business for sale marketplace, some of the brokers who make a living by facilitating a deal between buyer and seller are known to stand in the way of a completed transaction because of some outdated ideas. Too bad they put greed ahead of the needs of their clients.
A business buyer in our ProBuy Program searching to buy a business asked me to sum up what I though the biggest mistakes business buyers make when they search for and bought a small business. I asked ProIntermediaries on BizBen their thoughts on the matter and received a diverse response.
The idea to have a buying a business checklist follows the adage that it's always useful to start with a plan when searching to buy a small business for sale. Peter Siegel, MBA Founder of BizBen.com and top advisor of the BizBen ProBuy Program suggests six items for all business buyers to utilize.
The key to finding the ideal business broker or agent and selling a small business is asking the right questions and getting the right answers back! Peter Siegel, MBA with BizBen & several top business brokers and agents in California (ProIntermediaries) contribute to this topic to assist sellers.
Buying a small to mid-sized business can be a confusing and/or frustrating process for many buyers. Statistics show that over 80% of all buyers never end up buying a business. The ProBuy Program assists potential buyers with the process of finding, evaluating & buying a small to mid-sized business.
Peter Siegel, MBA - BizBen.com & SBALoanAdvisors.com Founder discusses the difference between a hands on owner and an absentee owner. It covers why someone would want to be an absentee owner and then goes on to discuss the pros and cons of buying an absentee run small to mid-sized business.
Peter Siegel, MBA - Lead Advisor with the BizBen.com ProSell Program discusses critical steps to prepare a small to mid-sized business including: which documents will be needed, key advisors to have involved, pricing the business, and how to attract the right business buyers to your listing.
Peter Siegel, MBA discusses buyers who want to buy a business or franchise know about asking the seller to provide part of the financing with a carry-back note. Many business buyers need some cash to help fund the down payment and for working capital. Here are four ideas about how to get that money.
It is not uncommon for business Owner/Sellers to get uncomfortable when a potential Buyer requires a SBA loan to purchase the Seller's business. Often times Owner/Sellers will say "the Buyer is the one getting the loan; why am I the one under the microscope?" This blog post addresses this topic.
Buying a small to mid-sized restaurant can have many pitfalls, and potential restaurant buyers should know how to avoid getting burned! Several restaurant advisors weigh in with (Peter Siegel, MBA at BizBen) and discuss tips for buying a restaurant in California.
Was chatting with a potential buyer of a restaurant in our BizBen ProBuy Program and he asked me what he should look for in due diligence when he finally did find a restaurant he was interested in. Peter Siegel, MBA with BizBen and others on BizBen explore this topic.
For those who don't know, a non-compete agreement is a contract between a buyer and seller of a business, which after the sale, prohibits the seller from engaging in direct competition with the business they previously sold. Joe Ranieri (Business Broker) adds this topic to a BizBen Discussion Post.
In our BizBen.com June 2021 Monthly Report the top ProIntermediaries and ProAdvisors on BizBen offer their thoughts about the current status of the business for sale marketplace with trends and predictions for Business Buyers, Owner/Sellers, Business Brokers, Agents, Advisors in the near future.
Sometimes business brokers just can't win with their clients, because if an offer comes in too fast & too early then they must have lowballed the price & the seller is suspicious, and if not enough offers come in after putting the business on the market - they may look unproductive to their clients.
As the year winds down, it's tempting for business brokers to go through their old files and throw them out to make room for new client's folders, but that would be foolish. Joe Ranieri (Orange County Business broker) discusses strategies for saving files - a key annual strategy for brokers/agents.
When seeking SBA loan financing many potential business buyers have wrong information about the process of securing the best financing to buy a business. Peter Siegel, MBA a business purchase financing expert delves into the myths regarding SBA financing and business purchase financing.
We're hearing more and more about "crowd funding" through sites like gofundme and kickstarter as a possible way to raise the cash needed to buy a small business. This method of collecting funds has proven successful in other kinds of situations. Could this strategy work when buying a small business?
We all understand the idea of paying too much for a small business. But is there such a thing as not paying enough? That seems like an odd notion, but I'm familiar with situations in which a buyer acquired a small business for a figure substantially under what probably was market value.
Buying a small business is hard enough when there is no competition, so how might a buyer navigate the process when there is additional competition from other buyers? Peter Siegel, MBA (BizBen ProBuy Program) and others explain a few of the ways that a buyer can beat out other buyers.
When purchasing a small to mid-szied business, there are a multitude of things to evaluate. One area that is often overlooked is the business's culture. Peter Siegel, MBA with BizBen discusses with potential buyers the importance of understanding how the business runs on a day-to-day basis.
Negotiating the terms of a business deal is a delicate process, where one wrong move can cost you the business that you wanted to purchase. Peter Siegel, MBA (BizBen ProBuy Program) discusses the ins and outs of negotiations, and how to work well with the seller to get a deal done.
It's important to remember that selling a business takes time. Unlike selling a house, which can be sold relatively fast, a business can take up to six months to a year to sell. I discuss this topic with other advisors and intermediaries on this BizBen Discussion.
There are a lot of misconceptions about what enhances the value of a business. The following factors in this Discussion are aspects of a business that really drives its value and pricing. A business owner asked me this question today so I wanted to get others view points as well in this Discussion.
It can take months, sometimes longer to sell a small business. Here are 6 questions plus other information from myself plus other BizBen Users to ask yourself to help you determine why your small to mid-sized California business isn't selling. You might be surprised what those reasons are!
Should I Sell My Business During The Holidays Or Wait Till After The New Year? Business Broker Joe Ranieri and others chime in on this BizBen Discussion about selling a business during the Holiday Season.
Applying for a business acquisition loan can be challenging for someone who hasn't been through that process in the past. If one has a mortgage one knows that the value of the property being pledged has to at least equal the amount of the loan, SBA loans to buy a small business are very different.
Yes, there are ways to find businesses with growth potential that can be purchased with modest investments. But before offering any ideas about finding cheap businesses, it's important to review some of the risks involved. Peter Siegel (BizBen ProBuy Program) discusses this topic with others.
At What Point Do You Show Key Marketing Info And Materials To Buyers? Robb Hartman, Business Broker at BizBen discusses this topic with others on this BizBen Discussion.
Business buyers many times ask in my ProBuy consulting sessions - how long should I ask for due-diligence when buying a small business? The answer really depends on several factors. They include: type of business, demand for the business, complexity of the business. Advisors weigh in on this topic.
The owner selling the business doesn't have recent financial information or documentation but insists revenues are increasing. Should buyers believe the seller? What should buyers do in this situation? ProIntermediaries on BizBen answer the question of verifying seller / owner's financial claims.
When considering buying a business that is losing money one has to be very careful. There are reasons that the business could be losing money that aren't fatal or extremely difficult to fix and there are other reasons that should send you running in the other direction. Peter Siegel, MBA explains.
