Cash flow
Call/Email
Revenue
$900,000
Down
$350,000
Posting: 285441 | Available | 5/9/24
For sale is a very clean and nice liquor and wine shop at city of Torrance with nice ample parking space. It is in a safe location and busy street in a mini shopping center. The size is about 2,100 sq ft. for a rent/lease of $6,100 plus NNN ($800).
Asking Price
$550,000
Cash flow
Call/Email
Revenue
$1,080,000
Down
$200,000
Posting: 284863 | Available | 5/9/24
This is a mid-size Latino supermarket with meat, produce, a hot-deli, a bakery, and adding check cashing business (big potential). All fixtures and equipments are all most brand new. It is surrounded by many residential and apartment areas. It is in a Hispanic population.
Asking Price
$399,000
Cash flow
$130,000
Revenue
$700,000
Down
Call/Email
Posting: 278425 | Available | 5/9/24
A long, well-established bakery with good potential is located in a big shopping center in the South Bay. The business is half absentee-run but remains profitable, boasting a loyal base of repeating customers. Its prime location in the South Bay adds to its appeal.
Asking Price
$200,000
Cash flow
N/A
Revenue
$480,000
Down
$79,000
Posting: 286509 | Available | 5/9/24
Since its establishment in 2010, the business has been under the current owner's stewardship for one and a half years. Situated in a large shopping center, it benefits from being anchored by numerous franchise retailers, attracting significant vehicular and foot traffic.
Asking Price
$79,000
Cash flow
$180,000
Revenue
$720,000
Down
Call/Email
Posting: 286507 | Available | 5/9/24
A well-established smoke shop, located in a great shopping center near Arcadia and Duarte, is currently a steady and profitable business. The owner is planning to retire. The gross sales amount to $60,000 a month, making this a good opportunity for potential buyers.
Asking Price
$185,000
Cash flow
$277,000
Revenue
$2,290,000
Down
Call/Email
Posting: 286503 | Available | 5/9/24
Auto Desert is an established business specializing in pre-owned vehicles from inexpensive transportation to luxury vehicles. Their inventory changes daily, offering a wide selection of pre-owned vehicles. Financing is available through their expansive network of finance providers.
Asking Price
$849,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$25
Posting: 286060 | Available | 5/9/24
For sale is a branded and independent gas station doing over 100k gallons and over 100k store sales. No lotto or lottery. One small commercial lot adjacent to the gas station is also included, good for making car wash or add QSR. It is on a major exit off freeway 101 at a busy intersection.
Asking Price
$5,900,000
Cash flow
N/A
Revenue
$250,000
Down
Call/Email
Posting: 286030 | Available | 5/9/24
This Asian Hispanic grocery is a well-established independent store, specializing in Asian-Hispanic products a business known for its resilience even during economic downturns. Presently, it operates under absentee management. It is a strategic location at a bustling intersection.
Asking Price
$900,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285295 | Available | 5/9/24
Opportunities like this in the heart of the hugely popular Riviera Village area of Redondo Beach rarely come up. The existing business is designated as a snack shop, but it could potentially be converted to a restaurant or cafe. Great for delis, juice shops, baked goods and so much more.
Asking Price
$170,000
Cash flow
$207,000
Revenue
$704,000
Down
Call/Email
Posting: 286488 | Available | 5/8/24
A convenience market offering beer & wine along with various products such as bread, sandwiches, sundries, sodas, and tobacco is available. The operating hours are from 8 am to 6 pm daily, with closure on Mondays. This business has been established for 90 years.
Asking Price
$498,000
Cash flow
$191,000
Revenue
$641,586
Down
Call/Email
Posting: 286487 | Available | 5/8/24
Looking to own a slice of chocolate paradise in a vibrant coastal community in the heart of Orange County? Established in 2006 and under ownership since 2012 this chocolate store is famous for its gourmet chocolate and handmade caramel apples, fudge, and dipped strawberries.
Asking Price
$595,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285546 | Available | 5/8/24
The Hopland Superette opened to the community in 1957. It has been a hub for the town ever since. Located directly on Highway 101 with a peak hourly car count of over 1400 vehicles the building has amazing visibility. The local post office is the sole tenant of the building and brings a steady flow
Asking Price
$3,400,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286462 | Available | 5/8/24
This is the time to own a gun store! With Los Angeles crime on the rise, consumers are seeking to purchase guns and ammunition to protect themselves. Here is a unique opportunity to acquire a new, fully licensed gun and ammunition shop, located in a high-traffic area.
Asking Price
$350,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286458 | Available | 5/8/24
We are delighted to offer this car wash business opportunity in Los Angeles County. This opportunity includes a 100-foot tunnel, making it a rare chance to purchase an operating express car wash. Additionally, it features an additional C-store/waiting area, detail shop, and lube facility.
Asking Price
$750,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$500,000
Posting: 286457 | Available | 5/8/24
The owner has been running an absentee-operated flooring business for over 20 years. They are now offering to sell only the inventory at a discounted price and are also giving away the business for free. The seller claims that the inventory is approximately $1.8 million.
Asking Price
$1,500,000
Cash flow
$503,738
Revenue
$3,339,900
Down
Call/Email
Posting: 286453 | Available | 5/8/24
Now is your chance to acquire your very own motorcycle dealership complete with its own service shop and exclusive motorcycle brands. Nestled in the vibrant heart of Los Angeles, this establishment has reigned as the premier full-service motorcycle hub for nearly two decades.
Asking Price
$1,250,000
Cash flow
250,000 on tax
Revenue
1,7 M
Down
$270,000
Posting: 286466 | Available | 5/8/24
The seller wants to retire. The operating hours are short, from 8:00 am to 8:00 pm, except on Sundays when it's from 10:00 am to 8:00 pm. The property includes a free-standing building with plenty of parking space, totaling 5,700 square feet. The rent is $4,100 per month, including NNN.
Asking Price
$670,000
Cash flow
Call/Email
Revenue
$1,200,000
Down
$750,000
Posting: 286016 | Available | 5/8/24
The liquor store and property with the rental income next to the liquor store. It is all employee-run. There are limited liquor stores in the area. It has good margins, and no competition around if adding EBT can increase monthly sales.
Asking Price
$2,750,000
Cash flow
$160,000
Revenue
$1,000,000
Down
Call/Email
Posting: 284181 | Available | 5/8/24
A very successful and award-winning independent toy shop in the Boston area. This business is a full-service toy store based in the Boston area, providing a great selection of quality toys, games, puzzles and creative activities for kids and kids-at-heart.
Asking Price
$360,000
Cash flow
$300,000
Revenue
Call/Email
Down
Call/Email
Posting: 277906 | Available | 5/8/24
This is a liquor store for sale. This liquor store is located in a busy intersection. The size of the liquor store is 2,500 sq. ft and rent is $6,000 including CAM. The monthly sale is $60,000. There is extra income from check cashing ($10,000 commission) and a food truck that is doing $50,000/m.
Asking Price
$450,000
Cash flow
$103,736
Revenue
$602,709
Down
Call/Email
Posting: 285841 | Available | 5/8/24
Is your son or daughter attending UCSB? Offset the cost of their education with the profits from this near campus business! This is a long-established liquor store with repeat customers.
Asking Price
$349,000
Cash flow
Call/Email
Revenue
$700,000
Down
Call/Email
Posting: 286434 | Available | 5/6/24
This is a liquor store market for sale in Humboldt county currently doing $140k in inside sales at 40% margins. It is a large 8,000 sq ft. store with a lot of potential. The store has a 3-bedroom apartment attached to the property.
Asking Price
$1,950,000
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
$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
Call/Email
Down
Call/Email
Posting: 285845 | Available | 5/6/24
This is a liquor store market for sale in Santa Clara county currently doing $140k sales per month with very high margins. The store is 5,500 sq ft. with additional income from lottery $4,000 per month.
Asking Price
$130,000,000
Cash flow
$60,000
Revenue
$192,000
Down
$35,000
Posting: 283097 | Available | 5/6/24
For sale is a fully equipped dry cleaner (plant) in a heavy-traffic shopping center. It is next to a national chain grocery supermarket and bank. They have a Hydro Carbon 60lb, Sankosha shirts machine. The current owners have owned this business for 13 years.
Asking Price
$35,000
Cash flow
$79,582
Revenue
$946,806
Down
$125,000
Posting: 281196 | Available | 5/6/24
Discover the premier school uniform supplier serving Bay Area schools since the 80s! This business provides top-quality uniforms, exceptional service, and competitive prices. Whether you visit their store, attend their mobile sale events, or shop online, you'll experience superior customer care.
Asking Price
$250,000
Cash flow
$298,965
Revenue
$1,869,538
Down
$100,000
Posting: 286426 | Available | 5/5/24
This popular garden nursery has been serving the Monterey Bay area for 37 years as a local, independent, family-owned business. The business is a destination for many gardening enthusiasts in Monterey Bay as well as many in the Greater San Francisco Bay Area.
Asking Price
$830,000
Cash flow
Call/Email
Revenue
$351,239
Down
$125,000
Posting: 286450 | Available | 5/21/24
Opportunity to own a premier upscale franchised fitness studio in East Bay an established business in a health-conscious community with growth potential. What sets this facility apart is its state-of-the-art facilities with top-of-the-line fitness equipment, a fully operational business.
Asking Price
$125,000
Total Investment
$69,000
Min Liquid Cash
$59,000
Net Worth
N/A
Posting: 285583 | Available | 5/19/24
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
$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
Total Investment
$543,000
Min Liquid Cash
$200,000
Net Worth
$200,000
Posting: 284007 | Available | 5/22/24
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
$200,524
Revenue
$1,314,394
Down
$285,000
Posting: 285041 | Available | 5/23/24
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
Call/Email
Revenue
$4,500,000
Down
Call/Email
Posting: 285309 | Available | 5/22/24
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
$50,000
Revenue
$380,000
Down
$154,900
Posting: 284866 | Available | 5/18/24
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
Call/Email
Revenue
$960,000
Down
Call/Email
Posting: 286537 | Available | 5/19/24
A rare opportunity exists to own a well-established liquor store with gas, operating on a large commercial-zoned real estate lot with short operating hours. The monthly rent from two rental properties amounts to $6,250.
Asking Price
$2,600,000
Cash flow
$126,303
Revenue
$1,749,051
Down
$500,000
Posting: 280756 | Available | 5/21/24
Price Reduced. This is a locally owned pet food and farm supply store with a knowledgeable staff with deep roots in the local farm and pet community. Wide variety of pet food including wet, dry, and fresh products for dogs + cats and also feed and bedding for chickens, goats, horses, etc.
Asking Price
$500,000
Cash flow
$174,802
Revenue
$759,686
Down
$300,000
Posting: 278351 | Available | 5/21/24
This iconic 40 acre property produces award winning Pinot Noir and Gris for sale through the onsite tasting room or online through their 1000+ member wine club. The main building, patio and surrounding gardens may be rented. The best escape for birders, hikers, city folk or anyone who loves wine!
Asking Price
$300,000
Cash flow
$235,715
Revenue
$1,320,000
Down
$25
Posting: 284079 | Available | 5/22/24
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
$74,842
Revenue
$142,544
Down
$125,000
Posting: 280801 | Available | 5/22/24
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
Cash flow
$175,000
Revenue
$525,000
Down
$300,000
Posting: 276123 | Available | 5/23/24
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
$350,574
Revenue
$3,578,262
Down
$200,000
Posting: 285442 | Available | 5/18/24
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
Cash flow
$180,000
Revenue
$720,000
Down
$450,000
Posting: 255696 | Available | 4/15/24
For sale is a well-established liquor store in Corona, Riverside County for many years. It's remodeled, has high margins, and a strong median income area. It's in a good location, with no competition nearby.
Asking Price
$450,000
Cash flow
$50,000
Revenue
$140,000
Down
$100,000
Posting: 265223 | Available | 10/10/23
Red Rabbit Clothing, Jewelry, and gifts is centrally located in the picturesque town of Idyllwild Ca. They carry an assortment of women's casual clothing, unique accessories, gifts, and jewelry items.
Asking Price
$100,000
Cash flow
$60,000
Revenue
$156,000
Down
Ask
Posting: 268736 | Available | 7/24/21
The current owner has been running this outstanding business for 25 years and is ready to retire. This is a great opportunity for an aggressive owner operator to take over this well organized cleaner and take it to the next level. This cleaner has an outstanding reputation. Loyal clients.
Asking Price
$125,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 281299 | Available | 5/1/24
For sale is a branded Marathon gas station doing 60k gallons and 40k store sales. It is a crisp 2,200 sq. ft store with ample parking, beer & wine that is 100% employee-run. It is in a small town and friendly community with a negligible crime rate.
Asking Price
$599,000
Cash flow
Call / Email
Revenue
Call / Email
Down
$150,000
Posting: 281230 | Available | 6/16/23
Liquor Store in Stanislaus County | Lor Rent | Long Lease Available | Located on the Main Road | Residential Area Near the Store
Asking Price
$450,000
Cash flow
Call/Email
Revenue
$1,800,000
Down
Call/Email
Posting: 278724 | Available | 5/23/24
This Fair Trade certified and certified Organic coffee wholesale roaster business is generating $1,800,000 a year in revenue. It delivers to 300 + restaurants and cafes in the Bay Area. The name, menu, recipe, trademark, website, and logo are included in the sale
Asking Price
$4,000,000
Cash flow
Call/Email
Revenue
$1,680,000
Down
$950,000
Posting: 285899 | Available | 4/29/24
For sale is a freestanding liquor and wine with craft beer store with great front parking without any competition. It is surrounded by many residential and apartments and all around and very safe area and high-end mid residential locations. Most of the time it is all employee-run.
Asking Price
$1,750,000
Cash flow
Call/Email
Revenue
$451,600
Down
$160,000
Posting: 279971 | Available | 4/2/24
Price reduction! This is a well-established grocery market for sale in a nice neighboring area with heavy traffic and good profit. The total sales are about 1.2 million per year approximately. It is 2,210 sq ft. and very easy to operate in the busy strip shopping center. The owner needs to retire.
Asking Price
$469,000
Cash flow
Call/Email
Revenue
$692,176
Down
Call/Email
Posting: 283088 | Available | 4/3/24
For sale is a market with commercial kitchen and ABC License in standalone location, in an area of high-end homes, one block from favorite local beaches. High traffic count and full kitchen including hood and grease trap. Premises are 2,098 SF with a great lease in place at $2,800 per month.
Asking Price
$350,000
Cash flow
Call / Email
Revenue
$1,020,000
Down
$560,000
Posting: 275025 | Available | 9/22/22
Absentee-run, 6-day open liquor store with wine tasting bar in Orange for sale. Invested more than $600,000. Store size: 4100 sq. ft. Full kitchen, wine bar, and deli. Opened before the pandemic. Sales are increasing. Current monthly sales are $85,000. 1 full, 10 part-time employees. 7+10 year lease
Asking Price
$580,000
Cash flow
$192,000
Revenue
$1,360,000
Down
$35
Posting: 274854 | Available | 10/16/22
Liquor and wine shop for sale in North Los Angeles County, CA. The shop has been established for over 30 years and 4 years for the current owner. 2 full time employees and owner works. Semi Absentee run. Business Been SBA Pre-Qualified For Business Purchase Financing. Lease is 5+5 years available.
Asking Price
$900,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 286282 | Available | 4/26/24
This a type 21 ABC license for sale in the county of Stanislaus County. Issued to retail stores. Authorizes the sale of beer, wine and distilled spirits for consumption off the premises where sold.
Asking Price
$350,000
Cash flow
$1,810,598
Revenue
$8,133,641
Down
Call/Email
Posting: 277562 | Available | 7/19/23
This is a high-profit women's apparel company with large, retail customers for sale. This is a unique opportunity to acquire a long-established, women's clothing wholesaler with loyal, repeat customers in place. The company designs and wholesales various woman's apparel in regular and plus sizes.
Asking Price
$5,500,000
Cash flow
Call / Email
Revenue
$120,000
Down
Call / Email
Posting: 269637 | Available | 8/31/21
Long Beach flower shop for sale. Cash to loan.
Asking Price
$350,000
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
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
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
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
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
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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.
Since 2011 we have completed an additional 850+ transactions and in total since 1996 when I founded Restaurant Realty Company, we have completed over $1,000,000,000 (billion) of business and real estate transactions.
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In my experience working with the "right banks and financial institutions" repayment ability sometimes overrules collateral pledged by someone needing financing for a business purchase or a down payment. Peter Siegel, MBA - BizBen's ProBuy, ProSell Lead Facilitator explores this important topic.
Should owners who offer a business for sale reveal to prospective buyers any income that is not recorded in the books? This is a controversial topic with arguments both for and against. Most business sales intermediaries believe if you don't pay tax on it, you can't claim it. Some sellers disagree.
Most business acquisition financing strategies involve borrowing money to meet the purchase price. But an entirely different approach, equity sharing, is sometimes pursued if borrowed money is not wanted, or is not available to complete the purchase. Peter Siegel, MBA - BizBen.com covers this topic.
Buying a small to mid-sized business can be a confusing and/or frustrating process for many buyers. Statistics show that over 80% of all buyers never end up buying a business. The ProBuy Program assists potential buyers with the process of finding, evaluating & buying a small to mid-sized business.
Peter Siegel, MBA 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.
With the multitude of factors that come into play when deciding the appropriate time to inform your employees that your business is for sale, I do not offer a standard or general answer. When sellers consult me as to my opinion on when it is the right time, I like to review the major issues that...
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.
