Cash flow
Call / Email
Revenue
$580,000
Down
$250,000
Posting: 231816 | Available | 10/25/20
Seller financing to well qualified buyer for this newly rebuilt in 2014, this has 2,578 SF with 700 SF outbuilding. All new with permits all new equipment with a complete kitchen ready to be installed. Only market in the area. Established in 1943 complete upgraded in 2014.
Asking Price
$695,000
Cash flow
$60,000
Revenue
$360,000
Down
Cash/Submt
Posting: 183032 | Available | 10/24/20
A small convenience store (800 sf) well located on first floor major items regional mall in a booming north San Diego county coastal. Store sells high profit items i. e. Candies soft drinks cigarettes, ice cream bars lotto, and many sundry items.
Asking Price
$150,000
Cash flow
$248,900
Revenue
$399,000
Down
$400,000
Posting: 263312 | Available | 10/22/20
Highly profitable plumbing supply company with significant expansion potential. Located in a quaint Northern California town, this opportunity presents a unique set of parameters to live in a rural community and grow a business to the next level. Loyal repeat customers with limited other choices.
Asking Price
$749,000
Cash flow
$180,000
Revenue
$2,015,000
Down
Call
Posting: 256961 | Available | 10/21/20
Do you have experience with small engine repair? Are you a tinkerer? Outdoor Power Equipment business in desirable downtown location for sale. Only full-service OPE dealer in this upscale county. Covid - 19 essential business.
Asking Price
$300,000
Cash flow
$75,000
Revenue
$250,000
Down
Call
Posting: 252230 | Available | 10/19/20
Available for sale is an iconic Southern California wholesale and retail distributor of hard to find vintage automotive parts Volkswagen cars. The business has made a wise investment in setting up overseas manufacturing of certain difficult to replace parts, emblems, and keys.
Asking Price
$99,000
Cash flow
$250,000
Revenue
Call
Down
$35
Posting: 252045 | Available | 10/18/20
Major Brand Gas Station with a Franchise C-Store, Gas 60K Gal/Mth @ .55, Market $65K-$70K/Mth plus Lotto/Lottery, Rent $10K/Mth NNN, Absentee Operation. 4 MPDs, Good Neighborhood.
Asking Price
$1,250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 251417 | Available | 10/17/20
For sale is a newly built, major brand, extremely high-volume gas station with real estate and rental income. The buyer needs to sign an NDA & provide proof of funds to qualify for this business location.
Asking Price
$15,000,000
Cash flow
$72,000
Revenue
$360,000
Down
Call
Posting: 251099 | Available | 10/15/20
Clothing Store for Sale in San Pedro. Man's wear, Women's wear, Levis, Dickies Pants. Ben Davis Pants, T-Shirt, Socks, Hat. Owner has run business in San Pedro, LA county, for 28 years since opening in 1991.
Asking Price
$120,000
Cash flow
$156,000
Revenue
$1,020,000
Down
$599,000
Posting: 256413 | Available | 10/10/20
This fantastic bakery is the best in the area. This bakery is definitely a hidden gem. The unique pasties and bagels are a must to try. This bakery is located in the upscale community and cozy, peaceful place to kill in the area.
Asking Price
$599,000
Cash flow
Call
Revenue
Call
Down
$175,000
Posting: 261518 | Available | 10/9/20
Big size supermarket for Kern County CA. There is no competition nearby main road traffic plus residential area customer foot in traffic. This market sells household grocery products, cigarettes, and other convenience store items. Also, the store has produce and Mexican food products.
Asking Price
$270,000
Cash flow
$240,000
Revenue
$1,400,000
Down
Call
Posting: 258459 | Available | 10/7/20
Established 40 years. Liquor store for sale great opportunity to own this liquor store with 1,100 sq. ft. busy street, also lottery deli grocery, lot of potential for new owner. Monthly gross is $90K to 95K, per month, good lease (14) years $7,000 per month. Including NNN. open 6 am till midnight.
Asking Price
$750,000
Cash flow
$32,800
Revenue
$306,877
Down
$82,000
Posting: 250597 | Available | 10/6/20
Located in the busy downtown Fremont, the decades-old business is a delightful specialty gift gallery shop, specializing in home decors, unique gifts, distinctive gift cards, kitchen & home wares and a perfect gift for just about any recipient and any occasion.
Asking Price
$82,000
Cash flow
$70,000
Revenue
$299,759
Down
$175,000
Posting: 250601 | Available | 10/6/20
Well established profitable commercial glass & door service company providing excellent services & quality products in bay area. This glass & door service has been established since 1992 and the current owner has operated for 27 years, now wants to retire as of health and need to sell.
Asking Price
$175,000
Cash flow
Call
Revenue
Call
Down
Call
Posting: 191742 | Available | 10/5/20
For sale is a high-volume grocery/liquor store with property in Sacramento. A full beer, wine, and liquor license is included with NO conditions. Store Sales are $140k + @ 33%-35% profit.
Asking Price
$6,000,000
Cash flow
Call
Revenue
$266,000
Down
$299,000
Posting: 234945 | Available | 9/27/20
Extremely Healthy, Reinvigorating and Nutritionally Tasting Smoothies. Current owner spent over $ 200,000 for remodeling this business. Seller encourages any serious buyer to do in-store observation to Understand the value of this fresh juice and smoothie business. Constant flow of customers.
Asking Price
$299,000
Cash flow
$200,524
Revenue
$1,314,394
Down
$285,000
Posting: 285041 | Available | 5/2/24
This greater Silverlake/Glendale area market combines a carefully curated assortment of natural and organic wines, beers, spirits and beverages, food, merchandise and home goods with organic produce, breads and specialty provisions sourced locally to ensure freshness.
Asking Price
$285,000
Cash flow
$180,000
Revenue
$550
Down
Call/Email
Posting: 274482 | Available | 5/5/24
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
$50,000
Revenue
$380,000
Down
$154,900
Posting: 284866 | Available | 5/6/24
This is your opportunity to own a Baskin Robbins ice cream store in Sunny San Diego County. Baskin Robbins is the #1 ice cream franchise in the World. The store opened in July 2017. The current owner purchased the store in January 2019. It is located in a great shopping center.
Asking Price
$154,900
Cash flow
$270,617
Revenue
$1,091,371
Down
$400,000
Posting: 282792 | Available | 5/6/24
For sale is a profitable, leading hearth (fireplace/stove) distributor and installer in the greater foothills of Sacramento County. There are more than 65 wood, gas, pellet, and electric stoves, inserts, and fireplaces on display in the fully stocked, 3,000-square-foot showroom.
Asking Price
$400,000
Cash flow
$235,715
Revenue
$1,320,000
Down
$25
Posting: 284079 | Available | 5/4/24
This high end market is conveniently located inside the retail area of one of the most luxurious apartment communities in North San Jose. This business is a famous contemporary market stocking snacks, Organic products, groceries, beer, and wine selections.
Asking Price
$899,000
Cash flow
$350,574
Revenue
$3,578,262
Down
$200,000
Posting: 285442 | Available | 5/4/24
For sale is California Co with its distribution center located in the Southwest US. It has been established for 24 years. They sell hardware products for consumers and professionals. They are a distributor/manufacturer of premium products that are sold online and through big box retailers.
Asking Price
$1,295,000
Total Investment
$69,000
Min Liquid Cash
$59,000
Net Worth
N/A
Posting: 285583 | Available | 5/5/24
Own your very own Quick Mart convenience store. It is better than a 7-Eleven and Circle K. There are no monthly fees and no franchise fees, just a one-time payment of $99,999. Training to run your store usually takes just 3 days. Business opportunity fee: $20,000 included in $99K.
Franchise Fee
$0
Cash flow
$175,000
Revenue
$525,000
Down
$300,000
Posting: 276123 | Available | 5/5/24
Must see a 100% wet cleaning plant located in West Hills near high-income Woodland Hills, Calabasas, and Bell Canyon. This is an 11 year-old, 1,200 sq. ft. plant, including shirt laundry. Most of the equipment is newer. No chemicals -- environmentally safe -- all work done in-house.
Asking Price
$500,000
Cash flow
$74,842
Revenue
$142,544
Down
$125,000
Posting: 280801 | Available | 5/1/24
This female athleisure-activewear brand focuses on functional fitness clothing that celebrates each of its client's unique features. The brand delivers eco-responsible luxury and comfort designed for everything from high-powered workouts to afternoon dog walks and errands (and in between!).
Asking Price
$125,000
Total Investment
$543,000
Min Liquid Cash
$200,000
Net Worth
$200,000
Posting: 284007 | Available | 5/1/24
Take a BITE out of the pet care industry with five key revenue drivers in one modern facility! Founded in 2009 by a visionary who had spent years in research and planning for an all-inclusive dog care facility, The Dog Stop, has now developed throughout 21 states.
Franchise Fee
$49,500
Cash flow
300,000 plus
Revenue
$730,720
Down
Call / Email
Posting: 276160 | Available | 3/12/24
This profitable water purification supplies and services business serves the technical, hospital, medical, and dialysis industries of north/central California and western Nevada, including companies like Tesla. Established in 1997. Annual sales are projected to well exceed $600,000 in 2022.
Asking Price
$899,000
Cash flow
$244,626
Revenue
$620,665
Down
$579,000
Posting: 281778 | Available | 5/6/24
This is an excellent opportunity to acquire an existing shipping and mailing business with paper shredding, design/print services, mailbox rental income, and UPS/FedEx designated service locations. The company has been providing services to the local Oregon coastal community since 2002.
Asking Price
$579,000
Cash flow
Call/Email
Revenue
$4,500,000
Down
Call/Email
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
N/A
Revenue
N/A
Down
N/A
Posting: 283374 | Available | 3/15/24
This distinguished luxury bridal boutique enjoys an enviable location along a vibrant thoroughfare renowned for its boutique shopping and bustling foot traffic. Its prime spot offers the ideal stage for your bridal vision.
Asking Price
$299,000
Cash flow
Call/Email
Revenue
$2,200,000
Down
$1,000,000
Posting: 278855 | Available | 2/5/23
Prime corner location on busy main street. 3 employees are working and the seller works half day. The high volume of 110,000/month sales and high margins over 40% to 50%. No check cashing and money order. 60% of customers are black and 40% are Hispanics.
Asking Price
$3,700,000
Cash flow
$300,000
Revenue
$1,800,000
Down
$990,000
Posting: 268152 | Available | 4/6/24
For sale is an absentee-run liquor store in Long Beach. Currently manager have been operated 18 years. SBA loan is possible for qualified buyers. They have a low rent of $5,691 + NNN per month with a. long term lease. Monthly average sales are $150,000+. The current owner doesn't work in the store.
Asking Price
$1,250,000
Cash flow
$120,000
Revenue
$660,000
Down
Call/Email
Posting: 286253 | Available | 4/24/24
For sale is a market in a shopping center located on a busy street. It has a very large front parking area, and is very easy to enter and exit and is a good place for business. The store size is approximately 3,000 SF. The lease is 5 years plus 5 years option.
Asking Price
210,000+ Inv
Cash flow
$120,000
Revenue
$780,000
Down
Call/Email
Posting: 285983 | Available | 4/4/24
Here is a wonderful drive-thru beer market that has great potential and is at a good location in Los Angeles County. If any prospective buyer has experience or owns the same kind of business, this would be much better for them. Monthly sales are about $65,000.
Asking Price
$269,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 280990 | Available | 4/30/24
For sale is an absentee-run and locally owned independent pet store for sale in upscale Downtown Los Altos. The owner focuses on healthy, holistic foods, small companies, and locally made products and carries products you can't find anywhere else.
Asking Price
$75,000
Cash flow
$32,800
Revenue
$306,877
Down
$82,000
Posting: 250597 | Available | 10/6/20
Located in the busy downtown Fremont, the decades-old business is a delightful specialty gift gallery shop, specializing in home decors, unique gifts, distinctive gift cards, kitchen & home wares and a perfect gift for just about any recipient and any occasion.
Asking Price
$82,000
Cash flow
$96,000
Revenue
$192,000
Down
$100,000
Posting: 282633 | Available | 9/5/23
This is one of the best Dry Cleaners in the area with lots of loyal customers and ample parking. If you like the high quality of service for dry cleaning, this is the place and the location is great.
Asking Price
$100,000
Cash flow
$60,000
Revenue
$270,000
Down
Cash Only
Posting: 279964 | Available | 3/30/23
For sale is a grocery/market with lots of potential and sales continue to increase. There is no meat, or produce, and they do not take EBT. It is easy to run. open hours are only from 10 am-8 pm. Rent is $2,000 for the 1,800 sq ft. The lottery income is $600-700 per month.
Asking Price
$70,000
Cash flow
$506,000
Revenue
$4,030,000
Down
Call/Email
Posting: 285435 | Available | 2/29/24
This is an established e-commerce business with light assembly operations that is profitable and has enormous upside due to the positioning of its products in the growing segment of the beauty industry. The Company sells raw materials for cosmetic products.
Asking Price
$1,600,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
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
Break Even
Revenue
$396,000
Down
Cash
Posting: 276887 | Available | 11/14/22
This beer and wine market is located in a nice neighborhood. Plenty of front parking. The current owner has another job and cannot run this business. Used to be a Circle K location. Employee run, absentee owner. Reasonable asking price. Monthly gross: $33,000.
Asking Price
$85,000
Cash flow
$148,776
Revenue
$1,354,532
Down
Call/Email
Posting: 286151 | Available | 4/16/24
This well-established boutique with a loyal customer base presents a profitable business opportunity in high-end fashion. Situated in a prestigious locale known for its affluent clientele and upscale lifestyle, the boutique enjoys prime visibility and foot traffic.
Asking Price
$300,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$30
Posting: 280491 | Available | 5/1/23
2 Major Brand Business Only Gas Stations, in the same Town. Station One: Gas 60K Gal/Mth, Market $150K to $180K/Mth. Rent $12,500/Mth, 20 Year Lease Station Two: Call for Details, Rent $5,000/Mth. 20-Year Lease.
Asking Price
$3,700,000
Cash flow
$395,000
Revenue
$2,100,000
Down
$350,000
Posting: 276028 | Available | 10/11/23
This 30-year-old industrial cleaning distribution business has two locations to service Orange, San Bernardino, and Riverside Counties. This company boasts over 650 customers with 7 employees, two customer service locations, and trucks to operate the business.
Asking Price
$1,500,000
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
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
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
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
I am 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
Before you buy a dry cleaners small business, read these critical tips about this industry. Discover why a dry cleaner needs to be "green" to be profitable. Peter Siegel, MBA (BizBen ProBuy, ProSell Program Advisor) explores this topic and other helpful strategies on buying a dry cleaning store.
The coin-operated laundry business has undergone significant changes, evolving beyond its traditional model. Laundromats are now transforming into comprehensive "laundry businesses." This shift reflects a broader approach that goes beyond mere self-service coin-operated machines.
A business buyer in the BizBen ProBuy Program asks how to handle the inventory amount in the purchase price of a business. Other questions answered in this article: Do you add the inventory value to the business value? Should the owner be expected to take back a note for the value of the inventory?
Trying to pick the best convenient stores for sale? Learn how to find convenient stores for sale with high traffic, profitable locations to maximize your investment. Peter Siegel Director of the ProBuy & ProSell Programs and BizBen Founder explores this issue regarding buying convenence stores.
Those seeking to buy gas station business opportunities need to know about five factors that can make this purchase particularly risky compared to other businesses.
Most people who think they want to buy a gas station don't realize that finding the right business to own in this industry and determining its fair price pose more complex problems than buying a fast food franchise, retail store or most types of businesses. There are many variables to consider.
The quickest way to sell a gas station is to first do preparatory tasks before even looking for a buyer. Owners often make the mistake of getting transaction experts to help sell their gas station without even collecting the right information and doing an internal analysis of their own.
Does Location matter when purchasing a liquor store for sale? Some experts believe that while it is still important, location is not AS important in the liquor store business as it is with other retail businesses. I think there is a case for both sides of the argument. Let's find out who is right.
Californians who buy smoke shops can enjoy profitability if the businesses are chosen carefully. Despite the anti-smoking movement, enterprises that sell cigarettes, cigars and smoking paraphernalia serve a market that remains substantial. But it's important to understand your purchase options.
People think of recycling and think of a facility that recycles trash. While this is true a large facility is expensive to open and operate. With that said, in this post, I will focus on 3 small business opportunities in the recycling industry that are more manageable for the average entrepreneur.
Californians who want to buy a mailbox and packaging store serving individuals as well as the growing market of small businesses can benefit from several profit centers as these enterprises offer a variety of services. It's a good idea to know some facts about the business before making an offer.
In an advanced, technologically savvy era, virtually anything can be done, purchased or explored via cyberspace. As the market continues to expand and flourish, eCommerce owners can continue to reap in the selling of their online businesses. Peter Siegel, MBA (BizBen Director) explores this topic.
When buying an eCommerce business several factors come into play: market position, competition, growth areas, recurring customer base factors and ratios, etc. On this BizBen blog post Peter Siegel, MBA (BizBen Director, Financing Expert) addresses some of these eCommerce factors for business buyers.
The process for making a liquor license transfer used to take approximately 55-70 days, but now because of labor shortages and work protocols, it can be up to 3 months in California, for example. The longer an escrow is open, the greater the chance of having it fall out of escrow.
When on your search to buy liquor store businesses, consider additional ways that you may use the location to generate additional revenue streams. Peter Siegel, MBA with BizBen.com discusses buying California liquor stores.
Buying a liquor store? First, ask yourself these three critical questions to find out if owning a liquor store is right for you. Questions like hands on vs absentee ownership, inventory turnover, licensing issues. Peter Siegel, MBA (BizBen ProBuy & ProSell Program Lead Advisor) explores this topic.
When seeking large SBA business acquisition financing loans, it helps to review seller's add backs (cash flow analysis) as a source of funding to service the debt. Peter Siegel, MBA - SBALoanAdvisors.com Founder covers this specific topic for business buyers, owner/sellers, agents, business brokers.
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.
What is your goal in 5 years? Do you want to become a business owner? Buying a business can be an exciting, safe opportunity to gain financial freedom. But how to buy the right business? This article will walk you through the process of buying a business.
The use of add backs & sellers discretionary cash is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains.
Owners should keep the fact that they want to sell their small business confidential. Before releasing information to prospective buyers, buyers should commit to confidentiality in writing & should understand why it is important. Peter Siegel, MBA a ProBuy and ProSell Advisor with BizBen explains.
Approaching business owners directly to see if they want to sell can sometimes work well for business buyers searching to buy a small business. Another way is to broadcast your search criteria via the BizBen ProBuy Program to all brokers, agents, and intermediaries who are selling a small business.
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.
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.
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!
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.
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.
The only time to get an exact and accurate inventory count, and valuation, is at the time the business is being transferred. To do so beforehand, would mean that any merchandise sold after inventory is taken, but before close of escrow - Peter Siegel, MBA with BizBen & others discuss this topic.
Buying a liquor store can present some major challenges to business buyers - a recent client on the BizBen ProBuy Program relates to Peter Siegel, MBA what the major challenges may be when searching for and buying a Californa liquor store business. I welcome other Advisors to weigh in on this topic.
Doing due diligence when buying any type of business is extremely important. Regardless of what type of business you are buying there are certain things you will always look at such as, financials, equipment, legal issues etc. We take a look at several angles for optimal gas station due diligence.
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.
