Status: Off The Market
Posting ID: 272934
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Asking Price
NOTE: This BizBen Posting #272934 Retail Pharmacy - Retail Center Included in San Bernardino is currently INACTIVE Today (Either: It's In Escrow, It's Sold, or Is Off The Market Temporarily) - Please See Today's ACTIVE Postings below that match this posting's attributes. For your convenience there are also helpful links below to assist you in your search to buy or sell a small to mid-sized business that matches your criteria. Thank you for using BizBen.com.
Attributes:
Cash flow
$370,000
Revenue
$2,400,000
Down
Call / Email
Posting: 267159 | Available | 3/31/21
Profitable Retail Pharmacy in Chino, San Bernardino County. Established in 2018. Absentee sellers are retiring. Located in shopping plaza with heavy traffic. Annual Gross 2,389,652. SDE [Including PIC's Salary] 368,950. Lease $3,782. 4 Employees. 70-80 RX per Day plus substantial OTC.
Asking Price
$395,000
Cash flow
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Revenue
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Posting: 284143 | Available | 4/29/24
This is an opportunity for a pharmacist/owner-operator to take over a turnkey pharmacy that accepts Medical, Medicare, and various PBMs that can be transferred to the extent that is possible. This retail pharmacy is located on the first floor of a medical building part of a regional hospital campus.
Asking Price
$299,000
Cash flow
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Revenue
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Posting: 286565 | Available | 5/14/24
Exceptional opportunity to acquire a highly successful full-service retail compounding pharmacy in Northern Utah. Established and reputable, this pharmacy boasts impressive revenue, a comprehensive inventory, and a large customer base. Don't miss out on this lucrative investment opportunity!
Asking Price
$750,000
Cash flow
$38,650
Revenue
$475,000
Down
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Posting: 281714 | Available | 7/19/23
Newly Established Retail Pharmacy with all major PBMs located on busy Glendale's street!
Asking Price
$248,800
Cash flow
$135,652
Revenue
$1,156,325
Down
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Posting: 280676 | Available | 5/11/23
Retail Pharmacy in Westwood, near UCLA. Established in 1989. All major insurance contracts. Steady Revenue, the seller is retiring and motivated.
Asking Price
$385,000
Cash flow
$79,856
Revenue
$208,965
Down
$350,000
Posting: 284939 | Available | 1/31/24
Welcome to the vibrant South Orange County, specifically the Mission Viejo/Rancho Santa Margarita/Foothill Ranch/Irvine area, where new home developments and commercial plazas are flourishing. Nestled within this high-end locale, a distinguished retail/compounding pharmacy since 2005.
Asking Price
$350,000
Cash flow
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Revenue
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Posting: 278508 | Available | 3/1/24
For sale is a retail pharmacy that is suitable and ideal for relocation and change of ownership (CHOW), and has all major insurances including Medi-Cal and Medi-Care. CHOW can be 45 to 90 days pending temporary license approval from the Board of Pharmacy, making it a quick acquisition.
Asking Price
$250,000
Cash flow
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Revenue
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Posting: 284156 | Available | 4/29/24
Established in the 1980s, the same location of this retail pharmacy serves the mature community of Linda Vista, SD. This is an opportunity for a pharmacist owner-operator to take over the location and or to relocate. The seller is 90 years young and is retiring!
Asking Price
$225,000
Cash flow
$22,654
Revenue
$68,956
Down
$195,000
Posting: 284534 | Available | 1/6/24
For sale is a retail pharmacy in Northern Orange County - Anaheim/Orange/Santa Ana area. It is a medical building with multiple dental offices. Most of major insurances are accepted. PSAO is elevated. They have a clean license with no board violations.
Asking Price
$195,000
Cash flow
$235,000
Revenue
$1,350,000
Down
Negotiable
Posting: 270881 | Available | 2/16/24
This is a great opportunity to invest in and/or own and operate an exclusively located Retail Pharmacy that was established over 120 years ago! Located near a few medical offices. The pharmacy is located in the area of Ventura/Ojai/Carpinteria of Ventura County [far away from the heat zone].
Asking Price
$419,500
Cash flow
$195,500
Revenue
$2,156,785
Down
Negotiable
Posting: 265743 | Available | 10/9/23
Retail Pharmacy inside a Medical Building in Long Beach. All major PBMs, Medicare, Medical. The pharma is doing about 50-60 scripts a day. Medicare/Medi-Cal/Cigna, Express Scripts, CVS/Caremark, OptumRX and many others. Monthly rent $5,200. Inventory 100,000. Furniture, Fixtures, Equipment $150,000.
Asking Price
$315,000
Cash flow
$32,550
Revenue
$1,203,560
Down
$265,880
Posting: 283155 | Available | 10/1/23
Welcome to the Orange County, California! This is a great opportunity to invest in a retail pharmacy located in a large medical building located in Laguna Hills/Aliso Viejo, surrounded by many medical buildings, including Regional Medical Center. This is a well-established retail pharmacy.
Asking Price
$265,880
Cash flow
$346,286
Revenue
$1,645,220
Down
$346,286
Posting: 280664 | Available | 5/11/23
Very profitable and well-established Pharmacy in the Miami area. Established for 15 years. Open Monday through Friday from 8: AM to 5 PM. Excellent opportunity for entrepreneurial Pharmacists or investor groups wanting to enter the South Florida market.
Asking Price
$550,000
Cash flow
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Revenue
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Posting: 276217 | In Escrow | 4/25/23
This is an asset sale for a retail pharmacy in OC, located inside a medical building. It is ideal for a change of ownership and relocation or to stay and build up additional revenue via marketing. Rent is $5k/month +/-. It accepts medical, medicare, and major PBMs. In Escrow / Back Up Offer
Asking Price
$275,000
Cash flow
$385,450
Revenue
$3,780,650
Down
$400,000
Posting: 285862 | Available | 3/27/24
This is a retail pharmacy is located in the East Riverside County. It has excellent cash flow with a high-profit margin. They have a large MediCal/Medicare patient base. It is located near 10 highway and was established in 2005. The average revenue is 3.5M and keeps growing.
Asking Price
$569,880
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 280594 | In Escrow | 5/5/23
Retail Pharmacy - Suitable for Relocation, Accepts Medical, Medicare - Major PMBs - In good standing with BOP and insurance payers. Change of Ownership and Relocation can be 45 to 90 days, pending temporary license approval. In Escrow accepting Back Up Offer -
Asking Price
$195,000
Cash flow
$25,000
Revenue
$25,000
Down
$159,500
Posting: 281492 | Available | 3/26/24
For sale is a relocatable (if needed) retail pharmacy located inside one of the shopping centers of beautiful Yuba City. It was established in 2023, conveniently located near 99 highway in a busy traffic area about 45 minutes North of Sacramento. At the present time, there is one PharmD/PIC.
Asking Price
$159,500
Cash flow
$150,000
Revenue
$600,000
Down
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Posting: 271516 | Available | 12/22/21
Beautiful Retail Pharmacy located in the area of Pasadena/Altadena of Los Angeles County. Established in 2018, conveniently located near 210 highway in a busy Auto and Pedestrian traffic area. Averages 500 retail scripts a month. Spacious front end with variety of OTC products. Open 6 days a week.
Asking Price
$240,000
Cash flow
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Revenue
$30,000,000
Down
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Posting: 281484 | Available | 4/29/24
For sale is a highly specialized and niche pharmacy located in the Orange County area. They serve oncology, RA, and dermatology. They accept Medical, Medicare, and major PBMs + insurance. The seller operates in a semi-absentee mode. The seller is one of 3 pharmacists on staff.
Asking Price
$15,000,000
Cash flow
$10,000
Revenue
$80,000
Down
$185,000
Posting: 283993 | Available | 2/16/24
For sale is a relocatable retail pharmacy in Anaheim, Orange County. The major remodeling in the building forces the sale and relocation. Most of major insurances are accepted. PSAO is AllignedRX. They have a clean license with no Board violations. It can be relocated within 50 miles from OC.
Asking Price
$185,000
Cash flow
Call/Email
Revenue
$145,000
Down
$195,500
Posting: 276961 | Available | 10/6/23
For sale is a newly established Retail Pharmacy [opened in 2021] located in the area of Westminster, Garden Grove, Anaheim of Orange County. Most major insurances are accepted. Medicare/DEA/ Medical. The pharmacy is relocatable if needed to be relocated.
Asking Price
$195,500
Cash flow
$685,960
Revenue
$2,572,680
Down
$500,000
Posting: 285082 | Available | 2/9/24
This is a great opportunity to invest and operate a well-established retail pharmacy located near Downtown Los Angeles in the general area of Huntington Park, South Gate, Vernon, and South Central of Los Angeles County. Established in 1958, conveniently located near 110 and 10 highways.
Asking Price
$948,800
Cash flow
$276,820
Revenue
$1,992,196
Down
$525,000
Posting: 283599 | Available | 10/30/23
This is a great opportunity for growth! For sale is a well-established independent pharmacy for fourteen years in Broward County. It has all PBM contracts including CVS/ Caremark, Optum and Express Scripts. They have a full DEA license C2-C5. There are no audits or problems with the Pharmacy Board.
Asking Price
$525,000
Cash flow
$100,000
Revenue
$100,000
Down
$225,000
Posting: 284794 | Available | 1/23/24
This is a retail pharmacy located in a busy shopping center in the Encino/Tarzana area of Los Angeles County. Established in 2023, conveniently located near 101 highway in a busy traffic area. At present, there is one PharmD/PIC keeps it open. Most of major insurances are accepted.
Asking Price
$225,000
Cash flow
$95,620
Revenue
$986,560
Down
$245,000
Posting: 284544 | Available | 1/6/24
This is a great opportunity to invest in a retail pharmacy located in a large medical building located in Laguna Hills/Aliso Viejo, surrounded by many medical buildings, including a regional medical center. The medical condo, where this pharmacy is located, is for sale as well.
Asking Price
$245,000
Cash flow
$85,000
Revenue
$600,000
Down
Negotiable
Posting: 271229 | Available | 12/5/21
Great opportunity to invest and operate well established retail pharmacy located in the area of Woodland Hills, Tarzana of Los Angeles County. Established in 2016, located inside busy Medical Building. Conveniently located near 101 Highway. Averages 30 scripts a day, no compounding.
Asking Price
$249,500
Cash flow
Call/Email
Revenue
Call/Email
Down
$650,000
Posting: 284147 | Available | 4/29/24
For sale is a retail & closed-door pharmacy with real estate. SBA loans are possible for the Acquisition of the Pharmacy Business and Real Estate for qualified buyers. It is semi-absentee currently and/or it can be an owner-operator opportunity for a CA-licensed pharmacist to own a condo unit.
Asking Price
$2,095,000
Cash flow
Call/Email
Revenue
Call/Email
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Posting: 278505 | Available | 3/1/24
For sale is a retail pharmacy that is suitable and ideal for relocation and change of ownership (CHOW), and has all major insurances including Medi-Cal and Medi-Care. CHOW can be 45 to 90 days pending temporary license approval from the Board of Pharmacy, making it a quick acquisition.
Asking Price
$250,000
Cash flow
$127,008
Revenue
$1,617,809
Down
$300,000
Posting: 283543 | Available | 5/18/24
Founded in 1960, this company has completed wide-ranging residential projects from full bathroom and kitchen remodels to constructing a basement under an existing home. The company runs with a long-term crew and a designer who also serves as the office manager.
Asking Price
$300,000
Cash flow
$249,243
Revenue
$413,345
Down
$669,000
Posting: 286455 | Available | 5/15/24
Civil engineering firms or individuals with PEs who are looking to establish their own firm will find this rare opportunity very attractive. It offers the chance to acquire an established, profitable civil engineering firm with a stellar portfolio of completed projects.
Asking Price
$669,000
Cash flow
$180,000
Revenue
$550
Down
Call/Email
Posting: 274482 | Available | 5/19/24
Top brand blinds, shades, shutters, etc retail. Easy to operate profitable and potential business even without advertisements or marketing. Ideal location on a high-traffic major street and the hub of Silicon Valley. Increasing sales yearly with many repeat & new customers. Price was lowered.
Asking Price
$200,000
Cash flow
call/email
Revenue
$1,051,340
Down
$160,000
Posting: 282462 | Available | 5/13/24
A full-service electric contractor 65 years of experience serving Bay Area Customers. With projects ranging from ground-up to design-build, tenant improvements, seismic upgrades, historic renovations, remodeling & more.$30M approx projects pending 2023.12 Vehicles Included
Asking Price
$800,000
Cash flow
$165,299
Revenue
$1,196,000
Down
Call/Email
Posting: 282122 | Available | 8/9/23
Tile & Flooring company with huge upside, In North Los Angeles. Founded in 1978, this thriving flooring business with 45 years of success has established itself as a staple in the industry.
Asking Price
$360,000
Cash flow
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Revenue
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Posting: 281337 | Available | 1/8/24
Class B - General Building Contractor. This construction company is an S Corporation with a Class B - General Building Contractor license that can be relocated anywhere in California. The buyer will need an RMO or RME.
Asking Price
$85,000
Cash flow
$313,760
Revenue
$1,318,156
Down
Call/Email
Posting: 282847 | Available | 9/15/23
This roofing contracting business was established in April of 1996 and created a long track record of success and happy clients. As it continues to grow, it generated over $313K in SDE in 2022. The company is versed in a comprehensive spectrum of tasks.
Asking Price
$600,000
Cash flow
$470,317
Revenue
$1,925,938
Down
$191,250
Posting: 285991 | Available | 4/4/24
This acquisition opportunity is for an established landscape construction and maintenance company that has been serving Silicon Valley, CA for 37 years. The company specializes in high-end residential landscaping projects and swimming pool projects.
Asking Price
$1,275,000
Cash flow
$173,191
Revenue
$425,079
Down
Call/Email
Posting: 285643 | Available | 3/13/24
This is an opportunity to acquire a well-established construction business. It has proven success, loyal clientele, and steady revenue. Ideal for someone ready to take the reins and build on a legacy. The seller is retiring, so seize the opportunity to make a substantial living and carry the torch. ...
Asking Price
$350,000
Cash flow
$147,000
Revenue
$677,000
Down
Call/Email
Posting: 286563 | Available | 5/14/24
The Company specializes in sustainable construction, crafting eco-friendly living spaces in a major eastern USA city. through innovative green technologies such as living walls and green roofs, transforming urban environments into greener, healthier spaces for property owners.
Asking Price
$1,000,000
Cash flow
$427,741
Revenue
$2,899,885
Down
$1,200,222
Posting: 278295 | Available | 4/24/24
New lower price! This company has over 40 years of experience in California's landscape construction and maintenance sectors. This company's stellar reputation and lengthy client list have enabled it to be an industry go to company. The business has concentrated on offering a wide variety.
Asking Price
$1,200,000
Cash flow
$4,158,196
Revenue
$26,183,000
Down
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Posting: 280653 | Available | 10/20/23
This established landscape and construction business is providing quality landscape and construction services throughout Southern California since 2002. They are striving to bring the highest standards of professionalism, service, and quality to every job.
Asking Price
$11,000,000
Cash flow
$139,006
Revenue
$529,731
Down
Call/Email
Posting: 275519 | Available | 9/1/23
If you love being your own boss and making a good living in one of the most desirable areas to live on the planet, then give this successful flooring contractor business a serious look. Well-established contracting business features the advantages of job variety and profitability. Seller financing!
Asking Price
305,000+ Inv
Cash flow
$305,370
Revenue
$1,564,370
Down
Call/Email
Posting: 285469 | Available | 4/9/24
For sale is an established & very profitable framing and dry wall construction business. An office manager and office administer runs the business. You need an estimator or owner will train you. The owner is extremely busy with other businesses he owns. It is 2,000 sq ft. with rent of $1,500.
Asking Price
$599,000
Cash flow
$359,965
Revenue
$1,745,504
Down
$1,599,000
Posting: 283252 | Available | 10/7/23
For sale is profitable California's landscape construction and maintenance corporation. This company's stellar reputation and lengthy client list have enabled it to be an industry go-to company. Inquiries from current clients and referrals for design services result in most sales development.
Asking Price
$1,599,000
Cash flow
$300,000
Revenue
Call/Email
Down
Call/Email
Posting: 285492 | Available | 5/6/24
Selling to a motivated buyer who wants to increase business. The seller wants fewer responsibilities but would like to be an employee/RMO for the new buyer. They do a large amount of remodeling for homeowners. It includes: Kitchen, flooring, bathrooms. Owner now is able to include concrete pouring.
Asking Price
$699,000
Cash flow
$180,000
Revenue
$1,134,811
Down
Call/Email
Posting: 276421 | Available | 6/5/23
When you need paving services, there is no better company to turn to than this one. The Company was started in 1990 and officially formed back then when they were just a small crew with big dreams of becoming New Hampshire's finest paving contractor.
Asking Price
$450,000
Cash flow
$200,000
Revenue
$1,048,578
Down
Call/Email
Posting: 275913 | Available | 4/9/24
For sale is a profitable marble, stone & tile cleaning, polishing & restoration company. This owner has a contractor's license. Other companies doing the same service operate without one. The square footage is 400. Rent is negotiable. It was established in 2013.
Asking Price
$249,000
Cash flow
$105,492
Revenue
$267,518
Down
Call/Email
Posting: 279027 | Available | 5/14/24
This company provides water treatment solutions for residential, commercial, and industrial customers. They offer a range of products and services including water softeners, reverse osmosis systems, iron filters, and more to improve the quality and safety of water.
Asking Price
$275,000
Cash flow
$95,000
Revenue
$740,000
Down
Call/Email
Posting: 277200 | Available | 8/31/23
We are representing a bespoke, custom home builder that has in many ways been able to separate itself from the competition as being a 1-of-1 within its region. In applying and utilizing leading-edge processes and solutions, the company has created a reputation as highly proficient and specialized.
Asking Price
$185,000
Cash flow
Call/Email
Revenue
$374,479
Down
$220,000
Posting: 274939 | Available | 3/7/23
This Tuolumne County landscaping business has been in operation since 1984 and provides landscape maintenance services to a variety of clients. This turnkey business offers a well-trained staff and loyal customer base, providing an excellent opportunity for a prospective investor.
Asking Price
$220,000
Cash flow
$300,000
Revenue
$1,201,731
Down
$30
Posting: 283279 | Available | 5/19/24
(Price reduced) Great opportunity to acquire an established Machine Shop with 27 years of successful operation. Located in the San Francisco Bay Area market, this shop comes equipped with CNC millings, many other machines, and various tools, catering to a range of precision manufacturing needs.
Asking Price
$445,000
Cash flow
$375,767
Revenue
$3,024,963
Down
Call/Email
Posting: 281681 | Available | 11/15/23
This firm is one of Santa Clara County's most trusted civil engineering firms. Optional real estate for sale as well. The owner will remain on as an employee for up to 1 year for a smooth transition. The business is pre-approved with the SBA for 5% down and 5% seller carry on full standby.
Asking Price
$1,250,000
Cash flow
Call / Email
Revenue
Call / Email
Down
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Posting: 263995 | Available | 6/17/22
This is an opportunity to own one of the largest collections of antique plumbing fixtures and parts in the United States - at a discounted price! The inventory ranges from beautiful, turn-of-the-century clawfoot tubs and rib-cage showers, to beautifully decorated China toilets and sinks!
Asking Price
$349,000
Cash flow
$225,000
Revenue
$800,000
Down
$2,000,000
Posting: 281245 | Available | 4/11/24
This Northern California welding and machine shop is a Sole Proprietorship and was under the current ownership for the past 45 years but has been in business for over 75 years! For over seven decades, their team of master craftsmen and welders have been working to perfectly execute projects.
Asking Price
$2,495,000
Cash flow
$234,448
Revenue
$819,818
Down
Call / Email
Posting: 279915 | Available | 3/29/23
This is a construction firm that has provided remodeling, carpentry structural repairs, roofing, mold remediation, and maintenance services to its loyal clients since 1991. The selling price has been drastically reduced to $165,000 for a quick sale.
Asking Price
$165,000
Cash flow
$855,612
Revenue
$2,291,541
Down
Call / Email
Posting: 286639 | Available | 5/19/24
The owner of an established California facilities consulting firm, renowned for its expertise in facilities planning and sustainability, is retiring. This firm is now available for acquisition for the first time. Unlock the potential of this thriving facilities consulting business.
Asking Price
$4,000,000
Cash flow
$261,000
Revenue
$2,049,615
Down
Call/Email
Posting: 276956 | Available | 3/22/24
Located in Ventura County, this kitchen and bath remodeling business has been in business for over 20 years and has become a staple serving Ventura and Santa Barbara counties. It's storefront and full showroom boasts kitchen build-outs by multiple kitchen and bath cabinet and countertop companies.
Asking Price
$595,000
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
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
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
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
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
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Many business owners fail to maximize their business' value because they don't have a proper strategy in place to do so. Failure to maximize your businesses value will make it harder to attract the most qualified buyers. Have a plan that ensures your business is as attractive & valuable as possible.
A business buyer in our ProBuy Program searching to buy a business asked me to sum up what I though the biggest mistakes business buyers make when they search for and bought a small business. I asked ProIntermediaries on BizBen their thoughts on the matter and received a diverse response.
It is not uncommon for business Owner/Sellers to get uncomfortable when a potential Buyer requires a SBA loan to purchase the Seller's business. Often times Owner/Sellers will say "the Buyer is the one getting the loan; why am I the one under the microscope?" This blog post addresses this topic.
Depending on the type of business being sold, a month-to-month situation can be severely detrimental to the value of the business. Peter Siegel, MBA Founder of BizBen (and Lead Facilitator at BizBen) explores the issue of month to month leases in this blog/article.
Throughout the recession, it was very difficult to get approved for business purchase financing. If you are considering incorporating some alternative funding sources in your next small business acquisition, here is what you need to know to protect yourself and your investment.
In my opinion and experience, an LOI may very well be appropriate for lower middle market transactions of $5,000,000 or more; but, for deals less than that an Asset Purchase Agreement ("APA") with contingencies on the actions of the buyer (and seller) is much more efficient and effective.
Using an earn out can benefit both buyer & seller of a business purchase. A recent question by a buyer in the BizBen ProBuy Program about the best way to structure a business earn out prompted me to ask a panel of BizBen Resources how they would deal with the buyers question on earn out structures.
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.
80% of all California business buyers never end up buying a business! Many factors contribute to this statistic, but by following the points below and utilizing the ProBuy Method of buying a business you should be successful in locating a business that interests you and completing the transaction!
You have a strong entrepreneurial spirit. You know you want to be a small business owner. Now what? Do you buy an existing business or start one from scratch? An existing business can save a lot of time and effort. I will share with you some of the advantages of buying an existing business.
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.
Asking the seller straightforward questions and getting straightforward answers in return is an important part of the buying and due diligence process. In this Discussion, both ProIntermediaries and Advisors offer thorough questions you should be asking during your meeting with a business seller.
Valuing a small business is not guess work. It's not what some other businesses of the same type may have or may not have been sold for, it's not even what a business owner "feels" they want or deserve. It is a formula based on many factors. Peter Siegel, MBA from BizBen & others discuss this topic.
