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Posting: 286311 | Available | 4/28/24
Bring your own concept to this popular destination located in a busy shopping center with a Tesla Charging Station just steps away. The current owner has another location and is open to a new buyer continuing the current concept for a term. They are currently open 6 days Mon-Sat.
Asking Price
$89,000
Cash flow
$290,428
Revenue
$2,964,244
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Posting: 286310 | Available | 4/28/24
For sale is a restaurant with ample parking and high visibility from the busy Main Street at the Gateway to Yosemite National Park. It has 6,900 sq ft of usable space including huge storage. a long lease of 17 years remaining & a low monthly rent of $10,500 (4.2% of revenues).
Asking Price
$845,000
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Revenue
$990,000
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Posting: 286308 | Available | 4/28/24
For sale is a top-rated sushi restaurant with excellent Yelp and Open Table combined ratings over 4.8 (on a 5.0 scale). Fully built out sushi restaurant with Type 1 Hood and 50+ gallon grease trap. Upscale sushi bar with over 35 seats in excellent overall condition.
Asking Price
$299,000
Cash flow
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Revenue
$1,440,000
Down
$250,000
Posting: 286305 | Available | 4/28/24
For sale is a great and well-established Korean restaurant in the affluent and dynamic Valley community of Los Angeles. It has a great rent of $9,000 including NNN with plenty of parking spaces in the lot. its current monthly sale is $120,000. Its location is in the busy area.
Asking Price
$650,000
Cash flow
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Revenue
$2,040,000
Down
$350,000
Posting: 286304 | Available | 4/28/24
For sale is a great and well-established Shabu restaurant in North Orange County. Its current monthly sale is $170,000. 2,100 sqft with plenty of parking spaces. Rent $11,500 including NNN. The buyer can learn all recipes and cooking methods quickly and run the store smoothly.
Asking Price
$850,000
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Posting: 286300 | Available | 4/27/24
A Japanese restaurant is for sale on Willow Pass Road, near a park and surrounded by other restaurants and public authorities. This restaurant is situated in the bustling center. The rent, currently $9,700 including CAM and trash and covers a space of 2,062 sq ft.
Asking Price
$159,999
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Posting: 286296 | Available | 4/27/24
A profitable sushi restaurant is for sale in a busy shopping center with some other notable tenants. The restaurant boasts ample parking and has been an established eatery known for its great food and existing customer base. Inside, there is a nice dining area with a sushi bar.
Asking Price
$438,000
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Posting: 286295 | Available | 4/27/24
There is a fully-equipped restaurant located in a busy shopping center, boasting a beer and wine license, a pleasant dining area, and a kitchen equipped with a 15.5 feet hood, a walk-in cooler, and other essential kitchen equipment. Convertible, but not suitable for Chinese, Indian, or Mexican.
Asking Price
$158,000
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Revenue
$1,596,000
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Posting: 286294 | Available | 4/27/24
This Brewery and Restaurant offers a variety of craft beers brewed on-site, along with a menu featuring pub-style fare and American cuisine. From classic IPAs and stouts to refreshing lagers and seasonal brews, the rotating menu caters to all beer preferences.
Asking Price
$849,000
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Posting: 286293 | Available | 4/27/24
This is a Japanese sushi restaurant for sale in Downtown Concord with both indoor and outdoor seating. It is a clean restaurant with an ample setting for large or small parties, and a few seats at the bar, where you can watch them make the orders.
Asking Price
$179,000
Cash flow
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Revenue
$809,262
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Posting: 285840 | Available | 4/27/24
This is a globally inspired, locally sourced restaurant serving hand-crafted food in a well-appointed dining area and bar. This popular restaurant is ideally located at minute's drive from Hwy-101, 1, and world-famous Pismo Beach.
Asking Price
$649,000
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Posting: 285754 | Available | 4/27/24
This is a free standing building restaurant for sale with real estate. This restaurant located in the boarder line of Fremont and Newark (very close to Highway 880). The lot size is 1.66 acres and the building is 9,900 sq ft. The building was built in 1986. This is the price for the property + menu.
Asking Price
$7,699,999
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Posting: 285755 | Available | 4/27/24
This is a Mediterranean restaurant for an asset sale. It was remodeled and built out 1 year ago. This restaurant is located in the strip center on busy Travis Blvd. The size is 1,900 sq ft and rent is $3,700 including NNN, water and garbage. There's a fully equipped kitchen with a 10-foot hood.
Asking Price
$149,999
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Posting: 283592 | Available | 4/27/24
For sale is a well-equipped restaurant. There is a good atmosphere, a dining room, and a preparation area. The kitchen has an 18-foot hood, stovetop, stock pot ranges, wok station, dishwasher, ice maker, sinks, walk-in cooler, walk-in freezer, fridges, ADA restroom. 1600sf. Rent is $4500.
Asking Price
$120,000
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Posting: 285063 | Available | 4/27/24
A East Asian restaurant for sale in central area of Sunnyvale. It has ample parking. It is close to many high tech companies and populated residential. A nice designed dining area. A fully equipped kitchen with a 13.5' hood, walkin cooler, freezers, coolers, stovetops, fryer, oven, and more. 1569sf.
Asking Price
$200,000
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Posting: 284435 | Available | 4/27/24
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
$1,500,000
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Posting: 284669 | Available | 4/27/24
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..
Asking Price
$175,000
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Posting: 285017 | Available | 4/27/24
The price has lowered for this Japanese sushi restaurant for sale in a shopping center location (Central District). Rent is $9,800 including CAM and water and garbage. 4 years are remaining and a new lease will be available to the qualified buyer. The size of the restaurant is 1,850 sq ft.
Asking Price
$400,000
Cash flow
$288,000
Revenue
$1,200,000
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Posting: 284786 | Available | 4/27/24
This ramen restaurant is located in a plaza with a lot of foot traffic in Montclair, San Bernardino County, California. The restaurant has an alcohol license and is a store with great potential. Must see!
Asking Price
$585,000
Cash flow
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Revenue
$420,000
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Posting: 284789 | Available | 4/27/24
For sale is a restaurant that is currently operating as a ramen shop. You can take over and run this restaurant as is, or you can run it as any other type of restaurant. There is no alcohol license. Must see this asset sale!
Asking Price
$65,000
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$240,000
Posting: 286288 | Available | 4/26/24
For sale is a bar and restaurant that is located in the heart of San Francisco's Castro District. It has a Type 47 ABC liquor license and a Type 1 Hood. Must see!
Asking Price
$240,000
Cash flow
$169,766
Revenue
$769,645
Down
$150,000
Posting: 281968 | Available | 4/26/24
This is a long-established franchise pizza restaurant with over $700K in Sales and Over $165K Net is located in a busy San Francisco Area. They have many loyal dine-in customers in addition to their corporate and school catering. They also serve pasta, salad, and wings. Motivated Seller.
Asking Price
$150,000
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Posting: 274138 | Available | 4/26/24
For sale is a pizza restaurant with a catering business. This business is in a great location in SF (SOMA District). Rent is percentage rent (6~8% of gross sale) and that includes water and PG&E. There are two types 1 hood and hoods are 4 feet long. The current monthly sale is about $80,000+.
Asking Price
$249,999
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Posting: 286281 | Available | 4/26/24
A spacious sushi restaurant is available for sale in Fair Oaks of Sacramento County. This restaurant features a clean, spacious interior with a sushi bar. The lease amount is $3662.00, covering water, garbage, CAM, and SEWER. With approximately 1,500 square feet and seating for 49 patrons.
Asking Price
$125,000
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Revenue
$344,500
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Posting: 286279 | Available | 4/26/24
This is a Japanese sushi restaurant for sale on the north side of Berkeley. This is a simple and casual spot go-to for Japanese casual comfort food. The restaurant shares about a block long with other dining places. Located on Shattuck Avenue is a major city street.
Asking Price
$180,000
Cash flow
$108,000
Revenue
$115,000
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Posting: 286275 | Available | 4/26/24
The business operates 100% absentee, with a monthly gross sale of $115,000 and a payroll of $45,000, resulting in substantial savings for the Sushiman owner, who earns a net income ranging from $9,000 to $10,000 per month. An SBA Loan is available for qualified buyers.
Asking Price
$300,000
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Posting: 286272 | Available | 4/26/24
A Korean BBQ & sushi restaurant with the property is for sale, ideal for an owner-user. It is possible to obtain financing through SBA. The restaurant has huge potential and operates only 4 days a week. The current owner wants to retire.
Asking Price
$870,000
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Posting: 286271 | Available | 4/26/24
This is an incredible opportunity to own a word class brewery with a large restaurant in the South Bay. Capacity to brew 500 barrels of beer monthly. All equipment is in excellent condition. Includes a fully-equipped restaurant as well with a huge patio and tons of on site parking.
Asking Price
$2,900,000
Cash flow
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Revenue
$525,000
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Posting: 285786 | Available | 5/3/24
This established pizza business is known for its premium pizzas and commitment to quality. While the current owner prioritizes quality over quantity, there's ample room for a new owner to convert to their own vision. It is a prime location in a shopping center with high visibility.
Asking Price
$245,000
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Posting: 285056 | Available | 5/2/24
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
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Posting: 284472 | Available | 5/1/24
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 | 5/2/24
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
$219,950
Revenue
$219,950
Down
$2,900,000
Posting: 283295 | Available | 4/28/24
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
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Revenue
$4,500,000
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Posting: 285309 | Available | 5/1/24
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
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Posting: 267141 | Available | 4/30/24
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
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Posting: 286238 | Available | 5/2/24
Historic restaurant and bar, East of Alpine. This stand-alone 4,500 sq. ft building with a patio and full kitchen equipped with an A1 hood. Keep it as is or explore new concepts. ABC type 47 license available separately. Unlimited potential for menu expansion, live entertainment, and marketing.
Asking Price
$199,000
Cash flow
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Revenue
$1,000,000
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Posting: 286054 | Available | 4/28/24
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
$600,000
Revenue
$3,000,000
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Posting: 286021 | Available | 4/5/24
For sale is a hot pot style restaurant that has high volume sales. The restaurant is located in a busy Asian shopping center. The size of the restaurant is 1,350 sq. ft and the rent is $8,000/m including CAM and garbage.
Asking Price
$1,399,999
Cash flow
$160,000
Revenue
$408,000
Down
$120,000
Posting: 282466 | Available | 4/15/24
This is a 5-day open, high-income Italian restaurant in Huntington Beach for sale. It is closed Sunday and Monday and does dinner only (5 days, 5pm-8:30 pm). The store size is 1,200 sq ft. For 13 years it has had the same owner. It has spacious parkings.Walk-in cooler & pizza oven. Upgraded recently
Asking Price
$225,000
Cash flow
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Revenue
$1,000,000
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Posting: 286218 | Available | 4/21/24
Indulge in the heart of San Francisco's culinary scene, own a beloved Italian restaurant and bar with a type 47 liquor license nestled in the vibrant Mission/Bernal Heights area. Savor every bite of authentic dishes crafted with passion and tradition, paired perfectly with a curated selection.
Asking Price
$350,000
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$150,000
Posting: 284766 | Available | 1/20/24
This is a fully equipped restaurant for sale in San Francisco in Lower Nob Hill. It is 2 blocks away from Union Square. This is in a great location! It is 2,000 sq ft. for the street level and 800 sq ft. for the Down Stair Level. Rent is at $7,500/m. There is a new lease in 5 years & options.
Asking Price
$150,000
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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
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Posting: 286272 | Available | 4/26/24
A Korean BBQ & sushi restaurant with the property is for sale, ideal for an owner-user. It is possible to obtain financing through SBA. The restaurant has huge potential and operates only 4 days a week. The current owner wants to retire.
Asking Price
$870,000
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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
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Posting: 282977 | Available | 2/26/24
Be your own landlord! This is a rare opportunity to own prime retail real estate (land and building) rather than leasing and being a tenant. This retail/restaurant site is 58,806 square feet (approximately 1.35 acres) directly on a busy retail corridor with good ingress and egress.
Asking Price
$1,599,000
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Posting: 284682 | Available | 5/2/24
For sale is a fully-equipped brewery, kitchen, and bar in the Old Town Torrance area. Type 23 ABC license. You can brew your own beer here to sell wholesale nationwide or sell it on-site in the restaurant and bar. There's a stage in the bar and dining area for live music & patio dining is included.
Asking Price
$450,000
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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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Revenue
$736,845
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Posting: 286076 | Available | 4/9/24
Discover this charming neighborhood gem nestled between the vibrant Russian Hill and sophisticated Nob Hill neighborhoods. An inviting opportunity awaits you with this fully equipped restaurant, boasting both indoor and outdoor dining spaces.
Asking Price
$199,900
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Revenue
$500,000
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Posting: 285188 | Available | 2/15/24
A Japanese sushi restaurant located in Simi Valley is currently on the market. Boasting 14 seats at the sushi bar and an additional 32 seats in the dining room, it offers ample space for patrons to enjoy their dining experience.
Asking Price
$190,000
Cash flow
$250,000
Revenue
$960,000
Down
$288,888
Posting: 285182 | Available | 2/15/24
For sale is a well-established Chinese restaurant in San Ramon, California. The seller claims $250k net. It is an ideal opportunity for someone looking to convert it to a Thai, Vietnamese, Korean, Mexican, or Mediterranean or acquire the current concept of a Chinese restaurant.
Asking Price
$288,888
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Posting: 283113 | Available | 9/30/23
This is a rare opportunity located in beautiful family-friendly Santa Clarita, this consistently profitable establishment serves delicious food to a loyal customer base. This site would make an excellent ghost or commercial kitchen as well. Revenue is optimized by serving hearty lunch/dinner.
Asking Price
$119,000
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$150,000
Posting: 285044 | Available | 4/29/24
For an asset sale is a well-established Asian restaurant in the busy shopping center with national brand restaurants. Its current monthly sale is about $40,000 with Sundays closed. Its size is great 1,700+ sq ft and its rent of $8,900 including NNN. The restaurant has long hood and grease trap.
Asking Price
$150,000
Cash flow
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Revenue
$442,000
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Posting: 285664 | Available | 3/14/24
This space is on a corner of a busy intersection of the North San Fernando Valley. Ample kitchen and storage space with large grill and hood. The business currently does $442k a year only serving breakfast and lunch. The space is highly visible at a busy intersection with inside and outside dining.
Asking Price
$99,000
Cash flow
N/A
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N/A
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Posting: 285452 | Available | 5/2/24
This is an absentee-run ramen restaurant for sale in San Francisco Chinatown. It is a hidden gem on the edge of Chinatown close to cable cars, cafes and shops. The ambiance is lovely, pink led lights and floral arrangements. There are booths, regular tables and bar seating.
Asking Price
$120,000
Cash flow
$120,000
Revenue
$360,000
Down
$235,000
Posting: 283315 | Available | 4/1/24
For sale is a falafel Mediterranean restaurant with a size of 1,800 sq. ft. There is a pizza oven, freezer, walk-in cooler, 12 ft type hood, and a three-compartment sink. There is a charbroiled for kabobs and a flat grill for burgers and gyro. Monthly gross sales are $30,000.
Asking Price
$235,000
Cash flow
$616,000
Revenue
$2,280,000
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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
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
I am the Founder Of BizBen.com. I consult daily with intermediaries, business buyers, owner/sellers & advisors daily about buying and selling California small to mid-sized businesses. Contact me today about joining & utilizing BizBen, consultations, & advisory services.
ServingNationwide - All Areas
For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
ServingNationwide - All Areas
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
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.
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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.
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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.
You've found your dream business. You've called/emailed/texted the broker or owner; you've tried to reach out again via phone/email/text. However you're not getting a response and it's getting frustrating. How to get brokers/owners to return your calls/emails/texts - what key strategies to utilize.
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.
Selling a business is hard enough but using the wrong word, text, and strategy can really delay or outright kill a campaign to sell a small business successfully. Peter Siegel, MBA Founder of BizBen.com shares what words, phrases, and strategies work (and not) when selling a small business online.
There are companies who specialize in purchasing Business Notes (of course at a discount). You can sell all or part of your note. Peter Siegel, MBA BizBen Founder and ProBuy & ProSell Lead discusses this entire process in his latest article on selling your business note after you sell your business.
A question sellers ask: how do I sell my business without getting sued, isn't a subject just for discussions with lawyers. A seller can take some precautions to reduce potential legal problems. Peter Siegel, MBA Founder Of BizBen and BizBen.com's ProBuy and ProSell Programs discusses this topic.
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 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.
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.
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.
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!
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.
The unfortunate truth is that approximately 50% of all small business sales transactions fall through. While failed transactions can happen for a variety of reasons, Peter Siegel, MBA (BizBen Founder & Lead Advisor) discusses the most common reason deals fall through; unrealistic asking prices.
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.
In this month's Business Buyer survey for BizBen.com, we asked participants in our ProBuy Program and 250 other random business buyers what they look for and avoid when looking at a business for sale postings online. Of the 20 potential posting characteristics we asked about, 8 stood out.
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.
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.
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.
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.
