Status: Off The Market
Posting ID: 264874
Call / Email
Asking Price
NOTE: This BizBen Posting #264874 Freight Shipping And Trucking Company - Niche Firm in Riverside County 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
$233,504
Revenue
$817,600
Down
Call/Email
Posting: 285621 | Available | 3/12/24
Well-established and highly profitable FedEx Linehaul routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$700,000
Cash flow
$297,904
Revenue
$1,231,756
Down
Call/Email
Posting: 284164 | Available | 4/30/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,150,000
Cash flow
$180,248
Revenue
$1,123,529
Down
Call/Email
Posting: 285999 | Available | 4/5/24
FedEx Linehaul Routes For Sale: Well-established and highly profitable FedEx Linehaul routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place
Asking Price
$150,000
Cash flow
$620,000
Revenue
$3,060,000
Down
$587,500
Posting: 285072 | Available | 2/9/24
For sale are 19 FedEx P&D Routes, with 28 Delivery Vehicles. Hit the ground running with nearly 11,000 stops per week! Newer fleet - average age of 2019. Plenty of spare trucks; more are available for purchase.
Asking Price
$2,350,000
Cash flow
$452,716
Revenue
$1,615,895
Down
Call/Email
Posting: 286319 | Available | 4/29/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,150,000
Cash flow
$1,091,927
Revenue
$293,537
Down
Call/Email
Posting: 284001 | Available | 1/20/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$900,000
Cash flow
$302,357
Revenue
$925,283
Down
Call/Email
Posting: 283973 | Available | 2/10/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$850,000
Cash flow
$392,908
Revenue
$1,396,658
Down
Call/Email
Posting: 286475 | Available | 5/8/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,175,000
Cash flow
$3,219,970
Revenue
$11,959,283
Down
Call/Email
Posting: 279780 | Available | 10/17/23
Well-established and highly profitable FedEx Linehaulroutes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$12,000,000
Cash flow
$202,549
Revenue
$746,432
Down
Call/Email
Posting: 285474 | Available | 3/3/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$600,000
Cash flow
$428,000
Revenue
$1,514,191
Down
Call/Email
Posting: 280021 | Available | 10/12/23
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since inception.
Asking Price
$1,375,000
Cash flow
$558,566
Revenue
$1,960,238
Down
Call/Email
Posting: 285705 | Available | 3/19/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,650,000
Cash flow
$325,688
Revenue
$1,229,907
Down
Call/Email
Posting: 283979 | Available | 2/10/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,000,000
Cash flow
$261,836
Revenue
$931,906
Down
Call/Email
Posting: 284480 | Available | 1/3/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$650,000
Cash flow
$476,400
Revenue
$1,633,950
Down
Call/Email
Posting: 280926 | Available | 2/9/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$1,650,000
Cash flow
$524,453
Revenue
$1,863,521
Down
Call/Email
Posting: 282069 | Available | 2/9/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$1,800,000
Cash flow
$730,927
Revenue
$2,830,043
Down
Call/Email
Posting: 283133 | Available | 2/7/24
Well-established and highly profitable FedEx Linehaul routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$2,600,000
Cash flow
$487,619
Revenue
$1,829,301
Down
Call/Email
Posting: 285732 | Available | 4/25/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$925,000
Cash flow
$2,673,790
Revenue
$11,566,788
Down
Call/Email
Posting: 276941 | Available | 4/11/24
This Nevada-based specialized trucking company is a Nevada Limited Liability Company and was established in 1980 as a 1-truck tow company and now has a fleet of over 50 vehicles. They provide heavy haul transportation, excavation removal, asphalt & dirt hauling, water truck usage, and many more.
Asking Price
Call/Email
Cash flow
$393,445
Revenue
$2,177,297
Down
Call/Email
Posting: 280328 | Available | 3/19/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,300,000
Cash flow
$633,484
Revenue
$2,262,577
Down
Call/Email
Posting: 283130 | Available | 4/25/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,900,000
Cash flow
$249,089
Revenue
$825,525
Down
Call/Email
Posting: 278526 | Available | 2/2/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$800,000
Cash flow
$317,865
Revenue
$1,079,917
Down
Call/Email
Posting: 283138 | Available | 10/1/23
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,000,000
Cash flow
$353,544
Revenue
$1,179,153
Down
Call/Email
Posting: 286479 | Available | 5/8/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$975,000
Cash flow
$2,197,087
Revenue
$9,717,098
Down
Call/Email
Posting: 283084 | Available | 3/19/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$9,000,000
Cash flow
$293,613
Revenue
$1,313,659
Down
Call/Email
Posting: 285730 | Available | 3/20/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$650,000
Cash flow
$235,146
Revenue
$906,675
Down
Call/Email
Posting: 285760 | Available | 3/21/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$700,000
Cash flow
$266,700
Revenue
$938,052
Down
Call/Email
Posting: 284038 | Available | 4/25/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$675,000
Cash flow
$196,800
Revenue
$480,000
Down
$520,000
Posting: 286461 | Available | 5/14/24
GB Laundry Brokers is currently offering a spacious laundromat spanning 4,063 sq ft in Sacramento CA. The laundromat is on a very busy street with ample parking, and a loyal customer base. This location has a lot of potential for growth with the right operator.
Asking Price
$1,300,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$125,000
Posting: 286454 | Available | 5/15/24
Established in October 2023, this Sacramento Area towing venture is experiencing steady growth. Ideal for existing operators or aspiring entrepreneurs, it offers a turnkey solution with pre-existing marketing strategies, a functional website, and efficient lead generation systems.
Asking Price
$125,000
Cash flow
$167,697
Revenue
$545,484
Down
Call/Email
Posting: 283567 | Available | 5/15/24
This is a well-established sheet metal fabrication business specializing in mail order vintage car replacement parts. Business has a strong online presence. Catalogs are available both online and in print. Owners are ready to retire after operating the business since 1994.
Asking Price
$480,000
Total Investment
$543,000
Min Liquid Cash
$200,000
Net Worth
$200,000
Posting: 284007 | Available | 5/15/24
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
Call/Email
Revenue
Call/Email
Down
$10,000
Posting: 286567 | Available | 5/14/24
For sale is an upscale full-service modern hair salon with in the heart of Downtown Alhambra. This salon has 10 stations and 3 shampoo bowls. The salon offers precision haircuts, custom coloring, re-texturizing straight and curly hair, and updos. Individual room for lash extensions, massage& waxing
Asking Price
$65,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286238 | Available | 5/16/24
Historic restaurant and bar, East of Alpine. This stand-alone 4,500 sq. ft building with a patio and full kitchen equipped with an A1 hood. Keep it as is or explore new concepts. ABC type 47 license available separately. Unlimited potential for menu expansion, live entertainment, and marketing.
Asking Price
$199,000
Cash flow
$91,624
Revenue
$161,933
Down
Call/Email
Posting: 283581 | Available | 5/15/24
For sale is this home-based cleaning business that's ready for its next owner. With an impressive 14-year track record, this cleaning business has built a stellar reputation in San Diego. Trust and credibility are already established, setting you up for success from day one.
Asking Price
$170,000
Cash flow
$52,612
Revenue
$268,777
Down
$125,000
Posting: 283393 | Available | 5/18/24
For sale is a boutique facial spa located in Contra Costa County. Centrally located in town and a staple of the community, the spa is renowned for its service & dedication to customer care. Owners are looking to retire & pass the baton to an owner who will put as much dedication into the business.
Asking Price
$125,000
Cash flow
$336,271
Revenue
$603,248
Down
Call/Email
Posting: 285968 | Available | 5/16/24
This highly profitable med spa weight loss clinic can be run by a skilled nurse practitioner or physician assistant. Services include weight loss, laser hair removal, and skin rejuvenation. This MedSpa offers the latest in cosmetic procedures.
Asking Price
$749,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285056 | Available | 5/16/24
Experience the epitome of elegance and refinement at our renowned establishment, where breathtaking views, exquisite dining, and a romantic ambiance converge to create an unparalleled dining experience. It is recognized as the Inland Empire's premier destination for romance and ambiance.
Asking Price
$2,500,000
Cash flow
$235,715
Revenue
$1,320,000
Down
$25
Posting: 284079 | Available | 5/16/24
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
N/A
Revenue
N/A
Down
$139,000
Posting: 285773 | Available | 5/14/24
This hospice (first license only) is located in Long Beach, CA, away from the saturated valley. It is ready to call for the final survey, read for the 'ready letter'. It has an amazing office space with three private rooms and incredibly low rent! It has a secure office building complex.
Asking Price
$139,000
Total Investment
$100,000
Min Liquid Cash
$80,000
Net Worth
$100,000
Posting: 284068 | Available | 5/15/24
S.A.M offers individuals and companies of all sizes the opportunity to fulfill a passion for nurturing young minds while running a profitable and rewarding business. Our program uses the two-pillared approach of Classroom Engagement and Worksheet Reinforcement.
Franchise Fee
$25,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285746 | Available | 5/17/24
A dog grooming shop, established in 1968 with the same owner, is located in an upscale neighborhood with a lot of foot traffic and Mountain View. This fully remodeled salon offers full-service grooming for dogs and cats. The shop spans 1,250 sq ft.
Asking Price
$125,000
Cash flow
$384,000
Revenue
$732,000
Down
N/A
Posting: 286371 | Available | 5/19/24
For sale is a high-volume location in a beautiful vacation destination city. It is 8 years old and is already one of the highest volume locations in Northern Ca. With ample parking, loyal customers, and is the only laundromat in town! Serious inquiries only.
Asking Price
$1,800,000
Cash flow
call/email
Revenue
$1,051,340
Down
$160,000
Posting: 282462 | Available | 5/20/24
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286142 | Available | 5/14/24
Award Winning Aveda Salon is for sale. The salon and spa is located in the vibrant, sought-after neighborhood of Ocean Beach, San Diego.
Asking Price
$130,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284105 | Available | 5/15/24
This is an absentee-run Subway franchise for sale in a busy shopping centre near Safeway. There is a lot more potential for more profits/sales with an owner-operator. This store was recently remodeled. Subway is the world's largest sub sandwich chain with more than 40,000 locations.
Asking Price
$120,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285604 | Available | 5/16/24
For sale is a brand-new home health care agency located in Fresno, CA. We have an Accreditation Commission for Health Care (ACHC) home health agency. This home health care agency is fully licensed by California DPHS-Accredited by ACHC-Medicare Provider, and ready to bill.
Asking Price
$375,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 286166 | Available | 5/17/24
A brand new home health agency is available for sale. The sale includes the initial state license approved by CDPH. The license is fully transferable and is approved for the following counties: LA, Orange, San Bernardino, Ventura, Riverside, and San Diego.
Asking Price
$60,000
Cash flow
Call/Email
Revenue
$1,000,000
Down
Call/Email
Posting: 286054 | Available | 5/16/24
For sale is a Mexican restaurant that is located inside a major shopping center with a supermarket anchor. No other Mexican restaurants in the complex & cannot open a new Mexican restaurant according to our lease agreement. There is plenty of parking. It has a beer & wine license.
Asking Price
$439,900
Cash flow
Call/Email
Revenue
$525,000
Down
Call/Email
Posting: 285786 | Available | 5/17/24
This established pizza business is known for its premium pizzas and commitment to quality. While the current owner prioritizes quality over quantity, there's ample room for a new owner to convert to their own vision. It is a prime location in a shopping center with high visibility.
Asking Price
$245,000
Cash flow
$82,216
Revenue
$731,213
Down
$150,000
Posting: 283846 | Available | 5/18/24
This charming breakfast and lunch restaurant caters to your taste buds for breakfast and lunch. In business for 25 years and nestled in the heart of a rustic marina, this restaurant is a cozy and inviting space that exudes a warm, rustic ambiance. Our menu features a delectable array of dishes.
Asking Price
$150,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 285637 | Available | 5/18/24
This is a great opportunity to get into the bar business. This establishment has been around for over a decade. The neighborhood bar is located in a vibrant setting surrounded by multiple restaurants and other bars. This bar is known for creative and fun cocktails. A local iconic spot with regulars.
Asking Price
$399,999
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
$851,672
Revenue
$3,430,536
Down
Call/Email
Posting: 284146 | In Contract | 5/17/24
With a successful track record for over 25 years, this business has provided janitorial and cleaning services to over 150 recurring clients throughout San Diego County. Consistently generates over $3million in recurring revenue year over year with impressive profit margins between 26-27%.
Asking Price
$3,500,000
Cash flow
$2,853
Revenue
$127,532
Down
$110,000
Posting: 283433 | Available | 5/18/24
This wellness store is derived from the owner's dedication and passion for supplements and CBD. He has a well-researched, deep understanding of the health benefits of natural remedies which has led to products that help support and maintain the body's overall health. With a variety of products.
Asking Price
$110,000
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
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
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
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
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
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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!
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.
