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
$55,981
Revenue
$770,546
Down
$35
Posting: 276877 | Available | 3/14/23
For sale is a Frame Broiler Franchise, established since 2008. It is managed by a part-time manager. There is room to improve the business with an owner-operator. It is next to a supermarket and is absentee-run. The seller is selling to look for other opportunities. It has clean books.
Asking Price
$285,000
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
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
$121,000
Revenue
$576,000
Down
$399,000
Posting: 278600 | Available | 3/4/23
Jinky's Coffee Shop/Restaurant in a highly visible corner location in Santa Monica Promenade. Ocean view from the front of the shop. Newly established for approximately 2 years. Previously was a Coffee Bean and Tea Leaf store. Lots of potential to grow. Lunch and dinner items can be added.
Asking Price
$499,000
Cash flow
$60,000
Revenue
$1,000,000
Down
$100,000
Posting: 273400 | Available | 3/3/23
This gourmet Chinese restaurant in Riverside County is part of a group of restaurants owned and operated by the original owner and founder. They are famous for their high-quality and delectable cuisine served in an elegant environment. They have a full bar and food delivery is large part of service.
Asking Price
$120,000
Cash flow
$180,000
Revenue
$720,000
Down
Call/Email
Posting: 268329 | Available | 2/19/23
This restaurant has been in one location in Reseda for about 15 years. Was completely remodeled in the fall of 2020 and re-opened its doors in January 2021. Totally new and exciting concept is working very well, and the monthly sales went from 0 to about $60,000 within 18 months.
Asking Price
$170,000
Cash flow
Call/Email
Revenue
$1,112,883
Down
$599,000
Posting: 278835 | Available | 2/2/23
This Norwalk adjacent bar and restaurant with live entertainment and sidewalk seating boasts a loyal following due to its unique concept that helps to promote a stable patronage base, its live music and special event entertainment calendar, craft beer offering, and chef-driven menu offerings.
Asking Price
$599,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 278763 | Available | 1/31/23
This is a very successful Korean tofu restaurant near Rowland Heights that was established in 1988. They are open 6 days a week so new buyers will have more potential to increase sales if you open 7 days a week. The average monthly sales are $50,000. The lease is new with a rent of $8,600.
Asking Price
$180,000
Cash flow
Call / Email
Revenue
$840,000
Down
Call / Email
Posting: 276649 | Available | 1/24/23
This is an excellent opportunity to own a sushi restaurant in Simi Valley. Training and support will be provided to the new owner. The asking price is $239,000. The average gross sales is around $70,000 per month.
Asking Price
$239,000
Cash flow
$300,000
Revenue
$120,000
Down
Call/Email
Posting: 276651 | Available | 1/24/23
For sale is a very successful sushi restaurant in Victorville was established in 2008. They are open 6 days a week so new buyers will have more potential to increase sales if you open 7 days a week. They have 16 employees and a type 41 liquor license. It is 2,500 sq ft. for $8,000 rent and seats 83.
Asking Price
$495,000
Cash flow
Call / Email
Revenue
$1,440,000
Down
Call / Email
Posting: 276444 | Available | 1/24/23
For sale is a high-profit sushi restaurant located in San Diego, CA. Currently, the owner opens 6 days a week. The annual gross sales are $1,440,000. Training and support will be included as well.
Asking Price
$470,000
Cash flow
Call / Email
Revenue
$516,000
Down
Call / Email
Posting: 276376 | Available | 1/24/23
This is an excellent opportunity to own a sushi restaurant in Azusa, Los Angeles County, CA. The yearly gross sales are $516,000. The yearly net income is $264,000. Training and support will be provided to the new owner.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
$660,000
Down
Call/Email
Posting: 276236 | Available | 1/24/23
For sale is an absentee-run Korean-style fried chicken restaurant with craft beer in the southwest of Los Angeles County. This is a 1,800 sq ft. restaurant in 2017. It is open Tuesday thru Sunday from 11 am to 11 pm. The annual gross is $660,000.
Asking Price
$270,000
Cash flow
$204,000
Revenue
$840,000
Down
Call / Email
Posting: 269812 | Available | 12/27/22
This is a great opportunity for an aggressive owner-operator to take over this well-established and outstanding burger business and take it to the next level. The burgers here are exceptional and amazingly delicious and they are always consistently fresh and out of this world and second to none.
Asking Price
$450,000
Cash flow
$103,363
Revenue
$411,355
Down
Call / Email
Posting: 273673 | Available | 12/2/22
This is Subway sandwich fast food franchise for sale in Antioch, CA. Subway is the leading choice for people seeking quick, nutritious meal options that the whole family can enjoy. Franchisor requires sufficient net worth and liquidity, and the buyer must live in the area. Total inventory is $3,000.
Asking Price
$299,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 272690 | In Escrow | 11/27/22
For sale is a well-established pizza restaurant for an asset sale in South Orange County. It is located in a shopping center and surrounded by residential homes. It has a motivated seller. The monthly rent is $10,300 for 2,604 sq. ft.
Asking Price
$129,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 274070 | Available | 11/17/22
For sale is a famous Indian restaurant with a banquet hall in a stand-alone building. The banquet hall with a capacity of 250 people can be opened and booked to exploit the great potential of increasing the sale substantially. It is located in a shopping center. It has a liquor license.
Asking Price
$650,000
Cash flow
$330,386
Revenue
$3,769,115
Down
Call / Email
Posting: 275114 | Available | 11/15/22
An iconic brand, Denny's began franchising in 1963 and has grown to over 1,700 restaurants worldwide. Franchisor requires at least $1M net worth and $500K liquid, and at least 5 years of Restaurant management experience required. Total Price: $1,650,000. Total Sales: $3,769,118.
Asking Price
$1,650,000
Cash flow
$149,792
Revenue
$624,052
Down
Call / Email
Posting: 270169 | Available | 10/27/22
This award-winning family restaurant has been serving Japanese and Korean cuisine for over thirty years and has a loyal following in the community. It's located on the corner of a major shopping center and has great visibility from the street. The dining area is tastefully decorated with Asian art.
Asking Price
$239,000
Cash flow
$213,000
Revenue
$900,000
Down
Call / Email
Posting: 274977 | Available | 10/13/22
The owner works less than 20 hours a week. Located in the Costco shopping centre surrounded by many offices and warehouses. 16 years with the current owner. Close to 1 M Sales.
Asking Price
$490,000
Cash flow
$300,000
Revenue
$3,200,000
Down
Call / Email
Posting: 247457 | In Escrow | 10/6/22
Restaurant offering savour breakfast, lunch, & dinner options to its customers for over 15 years. Running in full swing by 100% absentee owner. Located in a growing metro area in Silicon Valley and has a loyal staff as well as a devoted customer base. 5,800 sq. ft. Monthly rent $18,400 including NN
Asking Price
$999,000
Cash flow
$120,000
Revenue
$600,000
Down
Call / Email
Posting: 276188 | Available | 9/8/22
Asain fusion ramen & roll restaurant. Located in large busy shopping center with lots of foot traffic. Great growth potential with more marketing. Monthly gross sales: $50,000. Monthly rent: $4,800 included nnn. Lease terms: 4+ 5. Store size: 1,400 SF. Seating capacity: 35. Owner works 25 hrs/week.
Asking Price
$250,000
Cash flow
NA
Revenue
NA
Down
$14,500
Posting: 275437 | Available | 8/24/22
Asset Sale! The Liquor License is the Asset Sale. This is a Type 47 full liquor license for Restaurants. It may be relocated anywhere in San Mateo County. It may also be changed to a Type 48 full liquor license for Bars/Nightclubs ($100).
Asking Price
NA
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 275432 | Available | 8/6/22
Value of San Francisco Type 47 liquor licenses have been selling at $235,000. Seller is asking only $210,000. Asset Sale. Restaurant has closed. Liquor License is for sale. License can be moved throughout San Francisco. San Francisco liquor licenses are sought after, so the cost (Demand) is high.
Asking Price
$210,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 275434 | Available | 8/6/22
Restaurant is closed. Asset for sale is the Type 47 Restaurant liquor license which may be exchanged to a Type 48 Bar license for $100. This license can be moved to any area within Alameda County. Other licenses are also available.
Asking Price
Call / Email
Cash flow
Call / Email
Revenue
Call / Email
Down
$50
Posting: 275463 | Available | 8/3/22
Well established Korean restaurant located in very busy shopping center with Market anchored in Irvine, CA. Semi absentee run operation now and has so much potential if new owner comes in marketing & promotion. Avg. monthly sale $180,000 with monthly net profit approx. $40,000.
Asking Price
$1,100,000
Cash flow
$110,000
Revenue
$375,000
Down
Call / Email
Posting: 275388 | Available | 7/31/22
Mexican restaurant for sale in Carson, CA. Reason for selling is change of business. Located in very close proximity to Harbor, UCLA medical center and university. In prime location with high foot traffic at all times. Currently serving dishes with Halal meat. Lot of tourists, out of state and local
Asking Price
$50,000
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
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
$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
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
$40,450
Revenue
$506,249
Down
$150,000
Posting: 286130 | Available | 4/23/24
Asset Sale Opportunity: Unlock the door to your culinary dreams with this enticing opportunity! Nestled in the heart of Sacramento this charming restaurant is now available for acquisition. Boasting a warm ambiance and a reputation for exquisite cuisine.
Asking Price
$150,000
Cash flow
$219,950
Revenue
$219,950
Down
$2,900,000
Posting: 283295 | Available | 4/21/24
This Silverlake restaurant and bar with liquor, onsite parking, and excellent street visibility boasts what may arguably be the most coveted outdoor patio in the area. The venue has 3 dining areas that open into an adjacent bar and outdoor patio. The corner property is included!
Asking Price
$2,900,000
Cash flow
Call/Email
Revenue
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
$600,000
Revenue
$2,400,000
Down
$1,495,000
Posting: 286017 | Available | 4/5/24
High-profile dance club in the heart of the downtown area in Orange County. Established Night Club and Restaurant with full kitchens, spacious outdoor patio, and Banquet room. Serving brunch, lunch, and dinner. Licenses for food, alcohol, entertainment, and smoking. Ample city parking.
Asking Price
$1,495,000
Cash flow
Call/Email
Revenue
$4,200,000
Down
Call/Email
Posting: 283121 | Available | 4/1/24
Price lowered! For sale is a live dinner show entertainment restaurant located in Russian Hill. The rent is $29,000 for 6,000 sq. ft - rent can be negotiable. It was nicely renovated in 2017 with a budget of $1.5M. This restaurant is very modern and beautiful. There is a full kitchen.
Asking Price
$1,200,000
Bldg Size
2,700 Sq.Ft
Typical Floor Size
Call / Email
Year Built
1965
Posting: 284241 | Available | 12/10/23
This property was built in 1965 and has been remolded. 2,700 SF is one sortie, Land Acres 0.63 AC Zoning C2 Sacramento, and is two separate parcels, and is a market and a full kitchen.
Asking Price
$1,399,000
Cash flow
$120,000
Revenue
$1,278,000
Down
$449,000
Posting: 285255 | Available | 3/26/24
Nestled in the vibrant heart of Santa Monica, this esteemed cafe offers a unique dining experience that draws locals and visitors alike. Known for its exceptional blend of cosmopolitan flair and intimate ambiance, this establishment has become a beloved staple within the community.
Asking Price
$449,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284435 | Available | 3/8/24
A 2-story red brick building + bar and lounge is for sale in the Oakland Jack London Square district. The architectural style is an early 20th-century utilitarian building. Zoning is C-40, Community Thoroughfare. The current use is as an event venue - music events, birthday parties, reunions, etc.
Asking Price
$1,600,000
Cash flow
Call/Email
Revenue
$2,710,409
Down
Call/Email
Posting: 280707 | Available | 9/22/23
This attractively designed restaurant and bar has a warm friendly decor and is located in one of the most desirable cities in Alameda County adjacent to the downtown shopping district. There is a comfortably designed bar area with a fireplace that features 16 beer taps.
Asking Price
$2,495,000
Cash flow
$80,000
Revenue
$780,000
Down
Call/Email
Posting: 284748 | Available | 3/11/24
This Mediterranean restaurant serves traditional dishes from an open kitchen with a well-appointed dining area inside and a lovely patio outside. This popular restaurant is ideally located on extremely busy street and is a minute's drive from Hwy-101, 85, and 237.
Asking Price
$375,000
Cash flow
Call/Email
Revenue
$300,000
Down
Call/Email
Posting: 279437 | Available | 3/13/24
This is a family-owned sushi restaurant for sale in San Francisco Polk Street. This small little hole-in-the-wall restaurant is nestled among several dining options on Polk Street. This central commercial strip, featuring mom and pop shops, all kinds of restaurants, bars, and cafes
Asking Price
$168,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 274508 | Available | 3/17/24
Asian fusion restaurant for sale in upscale Oakland neighborhood. Located in the neighborhood is a residential and commercial district in the North Oakland region of Oakland, California. This commercial street is known for dining and retail. The neighborhood roughly bounded by Temescal and Broad.
Asking Price
$250,000
Cash flow
$240,000
Revenue
$1,200,000
Down
$130,000
Posting: 281800 | Available | 4/4/24
For sale is a casual Japanese sushi restaurant in the affluent community. It has just been well-established and famous in the community shopping center with other national restaurants. The current monthly sale is about $100,000 with short business days. Its rent is about $9,150 including NNN.
Asking Price
$400,000
Cash flow
$204,000
Revenue
$840,000
Down
Call / Email
Posting: 269812 | Available | 12/27/22
This is a great opportunity for an aggressive owner-operator to take over this well-established and outstanding burger business and take it to the next level. The burgers here are exceptional and amazingly delicious and they are always consistently fresh and out of this world and second to none.
Asking Price
$450,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282523 | Available | 9/1/23
This is a restaurant space for sale in San Francisco's vibrant Mission District, located on a busy thoroughfare with heavy foot and car traffic day and night due to its prime location. The restaurant is fully equipped with new equipment in excellent condition and the space is very well maintained.
Asking Price
$99,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284320 | Available | 2/3/24
A decade-old neighborhood hot spot is now for sale in Oakland. This popular restaurant and beer bar opened in 2012. The concept has seen great success and profits over the years. It boasts one of Oakland's best all-weather outdoor dining spaces with views.
Asking Price
$545,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$168,000
Posting: 285881 | Available | 3/28/24
This is a fantastic location and facility with type one hood, indoor and out door seating, very modern. It was built out new in 2016-17 with over $800K invested. This is a must see for any concept. Fox theater, restaurants, bars, businesses, and residential buildings are all in the surrounding area.
Asking Price
$168,000
Cash flow
$120,000
Revenue
$750,000
Down
Call/Email
Posting: 285313 | Available | 4/25/24
For sale is a cozy Japanese sushi restaurant located on the main street in a nice small town without much competitions around. They have very low rent. There is more potential to improve the business. Currently it only opens for dinner. Seller claims revenue is around $750,000.
Asking Price
$350,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284232 | Available | 3/14/24
For sale is a desirable turnkey restaurant in the Heart of the Historic Gaslamp Quarter, a hub for arts, entertainment and nightlife. It has a fully fixtured kitchen with walk-in cooler, hood system, and 3-compartment sink, complemented by the spacious front of the house with 11' ceilings/skylights.
Asking Price
$145,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286083 | Available | 4/10/24
For an asset sale is a Mexican concept restaurant. It has an ABC 47 license. It has a low monthly rent of $7,500/month. The store size is 6,400 sq ft. with a seating capacity of 150. It is located in business plaza with plenty of parking. It would be easy to convert it to another concept.
Asking Price
$299,000
Cash flow
$60,000
Revenue
$1,000,000
Down
$100,000
Posting: 273400 | Available | 3/3/23
This gourmet Chinese restaurant in Riverside County is part of a group of restaurants owned and operated by the original owner and founder. They are famous for their high-quality and delectable cuisine served in an elegant environment. They have a full bar and food delivery is large part of service.
Asking Price
$120,000
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
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
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
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
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 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
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
Looking to buy restaurant businesses? Check out these tips first to avoid getting blindsided when you buy restaurants. Peter Siegel, MBA with BizBen.com discusses this topic.
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Most owners know that when choosing a broker to help sell your business, it's good to find out about his or her background and maybe get some references of people who've worked with the professional. Before signing a listing agreement, it helps to know these extra things about the business broker.
With the economy in growth mode, many owners of small companies who are ready to retire or invest in another enterprise would be smart to offer their business for sale. But some insist on hanging on as owner just a little bit longer. And that might be a mistake. Three reasons people make this error.
Unlike a traditional brick and mortar business, selling a home business requires more finesse on the part of the seller. You really need to do your due diligence and prepare the business to be sold in order to make it attractive to a buyer. Here are my tips to achieving a successful sale.
The latest BizBen.com survey of Business Brokers and Agents outlined what it takes to be a top ten percent performer in the business brokerage industry. From good communication to utilizing your resources, these traits are something to take note of and put into practice to be successful.
The use of add backs & sellers discretionary cash is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains.
Owners should keep the fact that they want to sell their small business confidential. Before releasing information to prospective buyers, buyers should commit to confidentiality in writing & should understand why it is important. Peter Siegel, MBA a ProBuy and ProSell Advisor with BizBen explains.
First the dreaded statistic: 80% of all business buyers looking to buy a small business never end up doing so! Peter Siegel, MBA BizBen.com Founder & ProBuy Director) covers successful tactics & strategies all business buyers of small to mid-sized businesses should utilize now to buy a business.
Approaching business owners directly to see if they want to sell can sometimes work well for business buyers searching to buy a small business. Another way is to broadcast your search criteria via the BizBen ProBuy Program to all brokers, agents, and intermediaries who are selling a small business.
SBA large loan expert and advisor Peter Siegel, MBA (BizBen.com & SBALoanAdvisors.com Founder) shares his views and experience for getting the right SBA loan for larger deals, getting deals professionally prequalified & analyzed, and getting that loan through underwriting with fewer complications!
In my experience working with the "right banks and financial institutions" repayment ability sometimes overrules collateral pledged by someone needing financing for a business purchase or a down payment. Peter Siegel, MBA - BizBen's ProBuy, ProSell Lead Facilitator explores this important topic.
Despite challenges in the business for sale marketplace, some of the brokers who make a living by facilitating a deal between buyer and seller are known to stand in the way of a completed transaction because of some outdated ideas. Too bad they put greed ahead of the needs of their clients.
The idea to have a buying a business checklist follows the adage that it's always useful to start with a plan when searching to buy a small business for sale. Peter Siegel, MBA Founder of BizBen.com and top advisor of the BizBen ProBuy Program suggests six items for all business buyers to utilize.
The key to finding the ideal business broker or agent and selling a small business is asking the right questions and getting the right answers back! Peter Siegel, MBA with BizBen & several top business brokers and agents in California (ProIntermediaries) contribute to this topic to assist sellers.
Buying a small to mid-sized business can be a confusing and/or frustrating process for many buyers. Statistics show that over 80% of all buyers never end up buying a business. The ProBuy Program assists potential buyers with the process of finding, evaluating & buying a small to mid-sized business.
Peter Siegel, MBA - BizBen.com & SBALoanAdvisors.com Founder discusses the difference between a hands on owner and an absentee owner. It covers why someone would want to be an absentee owner and then goes on to discuss the pros and cons of buying an absentee run small to mid-sized business.
Peter Siegel, MBA - Lead Advisor with the BizBen.com ProSell Program discusses critical steps to prepare a small to mid-sized business including: which documents will be needed, key advisors to have involved, pricing the business, and how to attract the right business buyers to your listing.
Peter Siegel, MBA discusses buyers who want to buy a business or franchise know about asking the seller to provide part of the financing with a carry-back note. Many business buyers need some cash to help fund the down payment and for working capital. Here are four ideas about how to get that money.
Buying a small to mid-sized restaurant can have many pitfalls, and potential restaurant buyers should know how to avoid getting burned! Several restaurant advisors weigh in with (Peter Siegel, MBA at BizBen) and discuss tips for buying a restaurant in California.
Was chatting with a potential buyer of a restaurant in our BizBen ProBuy Program and he asked me what he should look for in due diligence when he finally did find a restaurant he was interested in. Peter Siegel, MBA with BizBen and others on BizBen explore this topic.
For those who don't know, a non-compete agreement is a contract between a buyer and seller of a business, which after the sale, prohibits the seller from engaging in direct competition with the business they previously sold. Joe Ranieri (Business Broker) adds this topic to a BizBen Discussion Post.
In our BizBen.com June 2021 Monthly Report the top ProIntermediaries and ProAdvisors on BizBen offer their thoughts about the current status of the business for sale marketplace with trends and predictions for Business Buyers, Owner/Sellers, Business Brokers, Agents, Advisors in the near future.
Sometimes business brokers just can't win with their clients, because if an offer comes in too fast & too early then they must have lowballed the price & the seller is suspicious, and if not enough offers come in after putting the business on the market - they may look unproductive to their clients.
As the year winds down, it's tempting for business brokers to go through their old files and throw them out to make room for new client's folders, but that would be foolish. Joe Ranieri (Orange County Business broker) discusses strategies for saving files - a key annual strategy for brokers/agents.
When seeking SBA loan financing many potential business buyers have wrong information about the process of securing the best financing to buy a business. Peter Siegel, MBA a business purchase financing expert delves into the myths regarding SBA financing and business purchase financing.
We're hearing more and more about "crowd funding" through sites like gofundme and kickstarter as a possible way to raise the cash needed to buy a small business. This method of collecting funds has proven successful in other kinds of situations. Could this strategy work when buying a small business?
We all understand the idea of paying too much for a small business. But is there such a thing as not paying enough? That seems like an odd notion, but I'm familiar with situations in which a buyer acquired a small business for a figure substantially under what probably was market value.
Buying a small business is hard enough when there is no competition, so how might a buyer navigate the process when there is additional competition from other buyers? Peter Siegel, MBA (BizBen ProBuy Program) and others explain a few of the ways that a buyer can beat out other buyers.
When purchasing a small to mid-szied business, there are a multitude of things to evaluate. One area that is often overlooked is the business's culture. Peter Siegel, MBA with BizBen discusses with potential buyers the importance of understanding how the business runs on a day-to-day basis.
Negotiating the terms of a business deal is a delicate process, where one wrong move can cost you the business that you wanted to purchase. Peter Siegel, MBA (BizBen ProBuy Program) discusses the ins and outs of negotiations, and how to work well with the seller to get a deal done.
It's important to remember that selling a business takes time. Unlike selling a house, which can be sold relatively fast, a business can take up to six months to a year to sell. I discuss this topic with other advisors and intermediaries on this BizBen Discussion.
There are a lot of misconceptions about what enhances the value of a business. The following factors in this Discussion are aspects of a business that really drives its value and pricing. A business owner asked me this question today so I wanted to get others view points as well in this Discussion.
It can take months, sometimes longer to sell a small business. Here are 6 questions plus other information from myself plus other BizBen Users to ask yourself to help you determine why your small to mid-sized California business isn't selling. You might be surprised what those reasons are!
Should I Sell My Business During The Holidays Or Wait Till After The New Year? Business Broker Joe Ranieri and others chime in on this BizBen Discussion about selling a business during the Holiday Season.
Applying for a business acquisition loan can be challenging for someone who hasn't been through that process in the past. If one has a mortgage one knows that the value of the property being pledged has to at least equal the amount of the loan, SBA loans to buy a small business are very different.
Yes, there are ways to find businesses with growth potential that can be purchased with modest investments. But before offering any ideas about finding cheap businesses, it's important to review some of the risks involved. Peter Siegel (BizBen ProBuy Program) discusses this topic with others.
At What Point Do You Show Key Marketing Info And Materials To Buyers? Robb Hartman, Business Broker at BizBen discusses this topic with others on this BizBen Discussion.
Business buyers many times ask in my ProBuy consulting sessions - how long should I ask for due-diligence when buying a small business? The answer really depends on several factors. They include: type of business, demand for the business, complexity of the business. Advisors weigh in on this topic.
The owner selling the business doesn't have recent financial information or documentation but insists revenues are increasing. Should buyers believe the seller? What should buyers do in this situation? ProIntermediaries on BizBen answer the question of verifying seller / owner's financial claims.
When considering buying a business that is losing money one has to be very careful. There are reasons that the business could be losing money that aren't fatal or extremely difficult to fix and there are other reasons that should send you running in the other direction. Peter Siegel, MBA explains.
