Status: Off The Market
Posting ID: 236950
Call / Email
Asking Price
NOTE: This BizBen Posting #236950 Vending Service in San Francisco 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
$355,012
Revenue
$1,246,100
Down
Call/Email
Posting: 286473 | 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
$1,050,000
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
$304,277
Revenue
$1,084,191
Down
Call/Email
Posting: 284405 | 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
$800,000
Cash flow
$215,498
Revenue
$777,123
Down
Call/Email
Posting: 281458 | 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. Business has seen double digit organic growth since inception.
Asking Price
$550,000
Cash flow
$336,436
Revenue
$1,356,798
Down
Call/Email
Posting: 285623 | 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
$1,025,000
Cash flow
$230,000
Revenue
$1,545,000
Down
$225,000
Posting: 284637 | Available | 5/17/24
Acquire a profitable operation from a tenured contractor with 20 years of experience in the FedEx Ground space! Only 50 daily miles per route! Highly desirable Low Mileage Routes, Close to the Terminal with an enviable 6-day/week operation. Fleet Value at $490K more than 50% of purchase price!
Asking Price
$900,000
Cash flow
$353,129
Revenue
$1,417,865
Down
Call/Email
Posting: 280333 | Available | 2/29/24
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
$1,300,000
Cash flow
$214,642
Revenue
$755,052
Down
Call/Email
Posting: 283975 | Available | 3/14/24
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
Call/Email
Revenue
$104,000
Down
Call/Email
Posting: 277432 | Available | 2/27/24
For sale is one of the few essential businesses. It is a top pool service route with 50 top accounts. It is open 4 days a week with room for expansion. There is a $6,320 monthly recurring billing, plus repairs and maintenance income. No experience is necessary. Excellent training and backup.
Asking Price
$84,000
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
$136,484
Revenue
$515,903
Down
Call/Email
Posting: 286376 | Available | 5/23/24
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
$450,000
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
$473,302
Revenue
$1,688,600
Down
Call/Email
Posting: 286743 | Available | 5/24/24
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
$1,400,000
Cash flow
$368,642
Revenue
$1,325,060
Down
Call/Email
Posting: 284180 | Available | 2/3/24
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
$1,200,000
Cash flow
$280,000
Revenue
$400,000
Down
Call/Email
Posting: 285514 | Available | 4/16/24
Unlock the gateway to lucrative investment in Los Angeles, California with our exclusive 130-unit ATM portfolio. This unparalleled opportunity boasts strategically positioned ATMs, meticulously located for optimal efficiency in cash replenishment routes.
Asking Price
$1,200,000
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
$449,157
Revenue
$1,509,739
Down
Call/Email
Posting: 283105 | Available | 2/8/24
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
$1,300,000
Cash flow
$455,989
Revenue
$1,716,314
Down
Call/Email
Posting: 286744 | Available | 5/24/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Business has seen double digit organic growth since inception.
Asking Price
$700,000
Cash flow
$360,189
Revenue
$1,257,574
Down
Call/Email
Posting: 285672 | Available | 3/15/24
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
$251,281
Revenue
$925,346
Down
Call/Email
Posting: 280859 | 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. Business has seen double digit organic growth since inception.
Asking Price
$850,000
Cash flow
$141,428
Revenue
$515,751
Down
Call/Email
Posting: 277810 | 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. The business has seen double-digit organic growth since its inception.
Asking Price
$495,000
Cash flow
$645,389
Revenue
$2,489,986
Down
Call/Email
Posting: 284528 | Available | 1/6/24
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
$1,850,000
Cash flow
$328,325
Revenue
$1,221,883
Down
Call/Email
Posting: 279655 | Available | 5/23/24
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
$1,025,000
Cash flow
$472,511
Revenue
$1,796,777
Down
Call/Email
Posting: 286579 | Available | 5/15/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each business, which is comprised of multiple routes, comes with (1) truck and (1) experienced driver already in place for each route.
Asking Price
$1,450,000
Cash flow
$170,000
Revenue
$875,000
Down
$163,000
Posting: 286407 | Available | 5/6/24
Secure a foothold in the FedEx network with a compact operation, boasting a 2021 and 2022 fleet. It is eligible for SBA financing. Work in a recession-resistant industry where weekly pay is guaranteed. Straightforward business model - simply manage your fleet and team of drivers.
Asking Price
$650,000
Cash flow
$368,986
Revenue
$1,305,980
Down
Call/Email
Posting: 284111 | 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
$1,300,000
Cash flow
$309,669
Revenue
$811,505
Down
Call/Email
Posting: 285731 | Available | 3/20/24
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
$625,000
Cash flow
$235,000
Revenue
$1,740,000
Down
$210,000
Posting: 286256 | Available | 5/21/24
Work in a recession-resistant industry where weekly pay is guaranteed. Straightforward business model - simply manage your fleet and team of drivers. No accounts receivable. No rental space required. No inventory required. No marketing required. Steady, predictable revenue.
Asking Price
$875,000
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
Cash flow
$300,000
Revenue
$1,000,000
Down
$195,000
Posting: 282003 | Available | 4/30/24
This is a body shop for sale with 5,500 sq ft. It has been in business for 16 years. They can park 25 cars inside and outside. They have a full spray booth with a permit. Operation hours are from Monday through Friday 8 AM to 5 PM. There are 4 full-time employees with reasonable rent.
Asking Price
$195,000
Cash flow
$225,000
Revenue
$820,000
Down
$320,000
Posting: 284926 | Available | 3/4/24
For sale is an auto body & frame repair shop 38 years in business. The original owner is retiring. It is profitable, well-established, real turnkey, and has long-term employees & loyal customers. 10,000 SF (fully licensed and bonded) facility with a spray booth. The parking lot can hold 20 cars.
Asking Price
$320,000
Cash flow
$507,000
Revenue
$642,000
Down
Call/Email
Posting: 281085 | Available | 6/6/23
This established, diversified independent agency, appointed by top P&C, Standard and Non-Standard, Auto, Health, and Home Carriers, is offering its Agency or Book of Business. Of the 2700 policies, the P&C distribution is approximately Homeowners -25%, Auto -70%, Commercial -5%, and Healthcare.
Asking Price
$3,100,000
Cash flow
$1,000,000
Revenue
$2,100,000
Down
$3,600,000
Posting: 274543 | Available | 3/14/23
For sale is a high cash flow business. It is in a nice area with a big acre lot. It has high revenues and machine wash. It has been long established in an upscale area. Come to our office for additional information and proof of funds. Address will not be provided over the phone or email.
Asking Price
$8,900,000
Cash flow
$262,000
Revenue
$757,807
Down
Call/Email
Posting: 286631 | Available | 5/19/24
This auto repair shop in Santa Clarita is in an extremely desirable area, with constant pass-by traffic. This profitable shop stays busy considering its great location and well established goodwill, and loyal customer base. This shop has been around for over a decade and continues to be a leader.
Asking Price
$574,750
Cash flow
$140,577
Revenue
$151,319
Down
Call/Email
Posting: 277788 | Available | 2/13/24
There is a lot more to car leasing and buying than having excellent negotiation skills and a basic knowledge of dealership operations. This business was founded to not just take the stress out of this process but to turn it into a fun experience where clients get exactly the vehicle.
Asking Price
$120,000
Cash flow
N/A
Revenue
N/A
Down
$200,000
Posting: 285420 | Available | 4/2/24
This is an incredible opportunity to own a thriving Star Certified smog test & repair shop. The shop is a full-service auto repair facility with state-of-the-art tools and equipment that has been operating in The Painter Auto Center location since 2000.
Asking Price
$200,000
Cash flow
$293,632
Revenue
$998,638
Down
Call/Email
Posting: 279063 | 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
$1,000,000
Cash flow
$750,000
Revenue
$1,350,000
Down
$30
Posting: 247765 | Available | 10/22/20
This store sales express car wash with property. This express car wash is running by 100% employee. Please, call/email qualified customer only.
Asking Price
$8,250,000
Cash flow
Call/Email
Revenue
$1,200,000
Down
$2,500,000
Posting: 286179 | Available | 4/17/24
For sale is a gas station business & property with a car wash with high volume gas. The market is located in a great location. It is open 24/7. The property is 25k sq ft. and the building is 1,900 sq ft.
Asking Price
$7,900,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283258 | Available | 3/25/24
For sale is a Chevron station (business only) exclusively offered by ICOA. It pumps 133,000/m (gas & diesel) at 60 ct and the snack shop is doing $30-35K/m (mostly cigarettes), so it has a high net profit. Rent is just over $19,000 (including CAM charges).
Asking Price
$1,600,000
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
$90,000
Revenue
$360,000
Down
Call/Email
Posting: 281536 | Available | 11/4/23
For over 30 years, this wholesale auto part store has been located in South Los Angeles, Los Angeles County, California. It is approximately 2,500 sq ft. It is open Monday through Friday 8:30 am to 5:00 pm, and Saturday 8:30 am-2:30 pm. The owner is running the business by himself.
Asking Price
$49,000
Cash flow
$54,718
Revenue
$633,753
Down
$54,718
Posting: 284333 | Available | 12/17/23
This auto repair shop in the Diamond Bar has an outstanding location on a very busy street. There is plenty of parking and room for vehicles. The profitable shop stays busy based on its great location and well-established customer base. There are 6 bays, 5 lifts, and 1 alignment rack.
Asking Price
$89,850
Cash flow
$228,000
Revenue
$938,300
Down
$1,000,000
Posting: 284510 | Available | 3/9/24
For sale is a well-established carwash business with big potential. It is a 100% owner-absentee business in the Long Beach area. The previous seller run the business very actively and used to make $93k per month 4 years ago. The current seller has no time to run this business. 1 mil cash down only
Asking Price
$1,200,000
Bldg Size
Call / Email
Typical Floor Size
Call / Email
Year Built
Call / Email
Posting: 283820 | Available | 11/12/23
For sale is one of the lowest priced car washes that includes real estate. It is well-run and is profitable year-over-year. You can operate it as is or potentially convert to Flex or Express. The two bay vehicle service centers can be rented for additional income or used for additional space.
Asking Price
$3,245,000
Cash flow
$120,000
Revenue
$252,000
Down
$300,000
Posting: 285764 | Available | 4/23/24
An auto repair shop with a history spanning 39 years is prominently located on a major high-traffic boulevard in an auto center building. The shop specializes in Brakes and Alignment; a new owner could add tires, mufflers, smog check, or make it a full-service auto repair.
Asking Price
$300,000
Cash flow
$2,200,000
Revenue
$5,000,000
Down
$8,000,000
Posting: 277451 | Available | 3/2/23
For sale are 2 full-service car washes with branded gas stations. It is in a nice upscale area with busy traffic. It is in a fast-growing community. All management is operated. There is lots of potential for experienced operators. Both sites are close to each other and need to be sold concurrently.
Asking Price
$23,300,000
Cash flow
$894,312
Revenue
$15,609,469
Down
Call/Email
Posting: 284898 | Available | 3/21/24
This gas station has convenient access and excellent visibility and this property boosts exponential growth and an impressive track record of success. This is an excellent and rare opportunity for you to own this well-established, organized, and outstanding gas station with real estate.
Asking Price
$9,900,000
Cash flow
$95,000
Revenue
$210,000
Down
$150,000
Posting: 285560 | Available | 3/7/24
This well-established body shop business is in a free-standing building on a major boulevard in Azusa. The building size is 2,925 SF, the lot size is 5,050 SF, and the rent is $5,000/MO with a new 3-year lease plus 3 3-year option in place.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
$400,000
Down
Call/Email
Posting: 281322 | Available | 8/19/23
This is a wrecking yard located in a very desirable industrial place in Los Angeles County. The owner claims the yard has over 450 cars and its gross is about $400,000/year. One employee with a low rent of $5,000/m. The owner buys salvage cars in auction, dismantles, and sells parts.
Asking Price
$400,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 271022 | Available | 6/20/23
It is estimated that the marketplace for connected cars and automobile data is will reach $400BN by 2030. There are currently ~280MM registered automobiles in the US today with ~65MM of them being connected cars. The Company has created a process that while working with 3rd party Co
Asking Price
$745,000
Cash flow
$600,000
Revenue
$2,500,000
Down
$250,000
Posting: 285942 | Available | 5/16/24
Discover an unparalleled opportunity in the automotive industry with this Auto Body & Paint. Situated in Lancaster, California, their state-of-the-art high-volume body shop boasts exceptional reviews and a thriving business since its establishment in 2015.
Asking Price
$899,000
Cash flow
$300,000
Revenue
$725,054
Down
Call/Email
Posting: 286632 | Available | 5/19/24
This auto repair shop in Newhall is in an extremely desirable area, with constant pass-by traffic. This profitable shop stays busy considering its great location and well established goodwill, and loyal customer base. This shop has been around for almost 20 years and continues to be a leader.
Asking Price
$675,750
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286691 | Available | 5/21/24
This is an established auto body business for sale in Sherman Oaks, Los Angeles County, California! The monthly rent is $8,000.00 and the asking price is $199,000.
Asking Price
$199,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$8,000
Posting: 286315 | Available | 4/28/24
This 2-bay garage is available for a mechanic shop or smog center as part of the successful Chevron station. All utilities are included in the rent. It's a 5-year lease. Rent is $4,000, which includes all utilities. 2 hoists and compressors are included. There's plenty of parking available.
Asking Price
$8,000
Cash flow
$838,201
Revenue
$2,842,154
Down
Call/Email
Posting: 286745 | Available | 5/24/24
FedEx Ground Routes for Sale: Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each business, which is comprised of multiple routes, comes with (1) truck and (1) experienced driver already in place for each route.
Asking Price
$2,895,000
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
Entrepreneurs who think they want to buy a towing business need to have some idea of what to look for when examining businesses for sale in this industry. The assets, including tow trucks and perhaps the property where towed vehicles are stored, determine much of the value of this kind of company.
To be successful in buying a small business you must be able to look objectively at the company and determine whether or not it is a business that will be able to grow into the future. The key to long term survival is when a business is able to change and grow along with the needs of their consumer.
Even without meaning to be dishonest, sellers or brokers talking to someone who wants to buy a small business often make statements that are not true. And sometimes what is said is known to be a lie. The buyer is smart to carefully evaluate what they hear - six untrue statements sometimes told.
Lee Petsas, a Southern California business broker addresses how he handles potential business buyers when they request information on a business for sale listing. He gives his strategies and tips for handling and directing business buyer inquiries.
Looking to buy a California gas station? Consider these five questions first before buying a gas station, saving lots of money & headaches. Peter Siegel, MBA and Founder of BizBen.com and BizBen's Top Advisor for the BizBen ProBuy and ProSell Programs discusses this topic of buying CA gas stations.
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.
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.
Each day, more than 10,000 Baby Boomers turn 62. Around this age, Americans, many of which are small business owners, start to think about their exit strategy from the workforce. For a small business owner, the process can be complex and their decision to retire has an impact on many others.
If you are looking at California smog shops with the idea of buying one in order to have your own business, you'll be pleased to know this type of company can be quite profitable if operated properly. To get the best return on your investment in this business, plan to work as the test technician.
In The New Economy that we are buying and selling and businesses in, finding funding can be the most challenging part of a sale. Many buyers will have limited funding and need to finance a good portion of the sale but what happens when a buyer has NO money? Peter Siegel with BizBen explains how.
Owners often ask agents to sell business offerings for them. It's usually more difficult than selling houses when working to find a buyer for a business, to satisfy contingencies and close escrow. Business sales intermediaries either agents or brokers may want large fees, but often are worth it.
There are a handful of key asset categories in allocating or breaking down the purchase price allocation of a business sale. The allocation is required to complete the transaction. Lee Petsas, a Southern California business broker reviews this topic in detail for buyers and sellers of businesses.
One of the most popular business searches (and eventual business purchase) on BizBen is the self serve and full service car wash. Peter Siegel, MBA (ProBuy & ProSell Programs Director) with BizBen.com reflects on three types of car wash models and what buyers should look for in a car wash purchase.
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.
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.
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.
Due to the current state of the credit markets and bank financing, seller financing when selling a California small business is more important then ever in a business sale. Lee Petsas, Southern California business broker walks us through the nuances of owner carry notes - seller financing.
A properly prepared purchase agreement is of foremost importance in any business purchase. Lee Petsas, a Southern California business broker defines what should be in a purchase agreement when buying a business.
Choosing a business broker to sell your business can be crucial to the success of it selling. A broker who you have an exclusive listing agreement with, which I recommend vs. open listing, will essentially be your partner during the listing term in getting your business sold. Joe Ranieri explains.
First, we must define, who are the Millennials? The exact years are up for debate, but Millennials were born during approximately between 1981-1986, which today would be between 22 and 37 years of age. Joe Ranieri looks at what these buyers are looking for and what qualities they seek in businesses.
Some entrepreneurs believe it's better to start a business from scratch rather than buy an existing enterprise. While this may be good advice in some cases, usually it's not the best strategy. Here are five tips to help a buyer make the right decision from Peter Siegel, MBA On BizBen.
First impressions are critical when selling a business - ask any potential business buyer. Peter Siegel, Founder Of BizBen explains why all potential small business sellers need to make sure that first impression is a good one.
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.
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.
Buying a gas station can be a profitable business. From my experience, here are the pros & cons of buying a gas station that I share with BizBen ProBuy Buyers when they come to me to to get pre-qualified for financing to buy a gas station (with or without real estate). I discuss all these factors.
How much money should you expect to make when buying an automatic car wash? Peter Siegel, MBA (BizBen ProBuy Program Director and Business Purchase Financing Expert) explains with other brokers, intermediaries, and advisors info on this topic.
This is a hard question to answer specifically without any knowledge of the business. What kind of car wash it is (auto, self-serve, or full service)?, How many bays does the car wash have? Is there any other streams of revenue? We discuss this topic regarding car washes on this BizBen Discussion.
Before purchasing a car wash (quick serve or full serve) you must understand that the industry as a whole will provide you with plenty of competition. More importantly, depending on what your interests are, you will identify what type of car wash you want. We discuss this all in this Discussion.
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.
Can a seller of a small business back out of an ongoing escrow? Probably, yes, it all depends how far along the escrow is, which will dictate how messy things will get for both owner & buyer. Joe Ranieri (Southern California Business Broker) gives his feedback with others on this BizBen Discussion.
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.
Changing hands of business ownership can seem both exciting and daunting to all parties involved, but it's important that a smooth transition occurs to maintain or achieve success of the business. Here are some tips I recommend ensuring things go smoothly when buying a California small business.
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.
Should small business owners/sellers or brokers/agents give potential buyers direct access to past company tax returns and financials (profit & loss statements) either before or pre the due diligence process? Multiple ProIntermediaries and ProAdvisors discuss this topic on this BizBen Discussion.
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.
Overpricing is the number one mistake sellers and their brokers make when putting businesses on the market. Even profitable, well-managed businesses can get buried under a bad number. Brian Loring (Los Angeles County Business Broker) discusses "the tangible trap" and how to avoid it when selling.
A huge part of any exit strategy is properly planning for that moment in time when employees find out the business is for sale or, preferably, has been sold. Your workers have been kept in the dark for as long as possible. Some won't be a bit surprised. Others may be devastated.
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.
