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Posting: 285500 | Available | 3/5/24
This is a burger and cheesesteak restaurant for sale in Downtown Oakland. It is located close to a federal building, and civic center. The neighborhood is very nice and right in front of this office building is a walkway area with places to go for lunch, not just Starbucks.
Asking Price
$75,000
Cash flow
$127,136
Revenue
$837,749
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Posting: 277344 | Available | 3/4/24
For sale is an established franchise that is an attractive dual-brand location off the interstate. It has good rent and is a great owner-operator opportunity. Togo's is an established, 40-year-old regional quality sandwich brand with nearly 275 locations. Credit must exceed 650 and $105K liquid min.
Asking Price
$345,000
Cash flow
$76,140
Revenue
$622,773
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Posting: 285487 | Available | 3/4/24
For sale is a national franchise in the prime location of South West San Diego! This store boasts reasonable rent and has been remodeled to meet the latest brand requirements, ensuring a fresh and inviting atmosphere for customers. Ideal for an entrepreneur looking to run their own business.
Asking Price
$157,000
Cash flow
$72,000
Revenue
$372,000
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Posting: 285481 | Available | 3/3/24
For sale is a part-time business (since 2019) that serves American food, sandwiches, wraps, and salads. It is located in a business building/park area. There is no hood or gas. The owner works 10 hours a week. They do online orders and pickup only (Sat and Sun).
Asking Price
$199,000
Cash flow
$50,000
Revenue
$50,000
Down
$35,000
Posting: 285458 | Available | 3/1/24
For sale is a coffee and sandwich inside a city and private building. It is open 5 days a week so it is easy to operate. For 9 years it has been operated by the present owner. No rent.
Asking Price
$35,000
Cash flow
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Revenue
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Posting: 276670 | Available | 2/28/24
For sale is a popular and well established cafe serving breakfast and lunch just off of Union Square. They have a Type 41 beer and wine license. Kitchen has a type 1 hood and walk-in cooler. The area gets tons of foot traffic. It is 1,700 square feet with a great lease.
Asking Price
$125,000
Cash flow
Call/Email
Revenue
$1,200,000
Down
$50,000
Posting: 285362 | Available | 2/26/24
The owner is motivated for a quick sale! This opportunity will not last long. For sale is 3 turn key sandwich franchise restaurants. Located in Beach cities in south OC. One location is a new build out less than 6 years ago. There is an office space in one location.
Asking Price
$200,000
Cash flow
$120,000
Revenue
$312,000
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Posting: 285317 | Available | 2/22/24
For sale is a 2,200 square foot sandwich shop with a capacity for 40 people, located in a mixed-use area. The shop benefits from high traffic and offers the potential to operate seven days a week. Rent is $3,610 plus $665 for NNN expenses, and the premises include two restrooms.
Asking Price
$180,000
Cash flow
Call / Email
Revenue
$332,103
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Posting: 220751 | Available | 2/21/24
Great Business Opportunity in Roseville! Quiznos Sub on sale prime location, Surrounded by popular businesses & close to Denio's Farmers Market in Roseville; has high visibility, 1700 Sq Ft. LOW RENT, Franchise contract with Quiznos ending, Have the option to convert to Indian or Chinese Restaurant
Asking Price
$89,900
Cash flow
Call/Email
Revenue
$480,000
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Posting: 284190 | Available | 2/12/24
This franchise is known for freshly baked bread, served warm, deli-style sandwiches features an array of top-quality meats, artisan cheese, and fresh produce topped with delectable house spread. This restaurant offers the ultimate in casual dining in an old-time style establishment.
Asking Price
$199,000
Cash flow
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Revenue
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Posting: 285088 | Available | 2/9/24
Want to be your own boss? The Sandwich Spot is now looking for owners in the Las Vegas area. A popular California brand we are now looking for highly motivated, energetic individuals to join our team in the greater Las Vegas Area!!
Asking Price
100,000 to 350,000K
Cash flow
$100,000
Revenue
$450,000
Down
$50
Posting: 285020 | Available | 2/6/24
For sale is a newer-remodeled Subway with good sales and net profits that has been operating for over 30 years by the same family. It has great income especially for an owner/operator family while also in a good neighborhood (schools nearby). Owners looking to retire or willing to have partners.
Asking Price
Reduced
Cash flow
$117,600
Revenue
$468,000
Down
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Posting: 284891 | Available | 1/29/24
This employee-operated sandwich restaurant, a hidden gem in Santa Clarita, offers unparalleled and scrumptious sandwiches made from high-quality ingredients. With a focus on sub and giant club sandwiches, it presents a great opportunity for an owner-operator to take this well-established business.
Asking Price
$365,000
Cash flow
Call/Email
Revenue
$600,000
Down
$199,000
Posting: 280008 | Available | 1/25/24
A well-established, fully upgraded in 2023 to a new look, Togo's Sandwiches Franchise is in the most active location in Alameda County, California. The current menu serves sandwiches, salads, chips, and drinks, fully staffed with high-quality employees. The absentee owner is doing exceptionally.
Asking Price
$199,000
Cash flow
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Revenue
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Posting: 284795 | Available | 1/23/24
An absentee owner is now selling a turn-key Subway Franchise restaurant for sale, boasting impressive rounded sales of $400,000 plus. Strategically located, in a busy retail shopping center with high foot traffic. The 1,200 SQ FT premises offer stability and room for growth.
Asking Price
$75,000
Cash flow
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Revenue
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Posting: 284797 | Available | 1/23/24
This is a fantastic opportunity to take over this running coffee & hot sandwich shop with great potential. This is a great space for maximizing Uber Eats & Door Dash. The store is ready to be a neighborhood favorite!
Asking Price
$165,000
Cash flow
$57,886
Revenue
$754,000
Down
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Posting: 280174 | Available | 1/20/24
Price reduced to $198,000 and the SBA may finance this successful Franchise to well-qualified buyers with 15% down ($30,000 only) for this established, highly successful deli franchise located in an extremely enviable Plaza in Sacramento. This is an upscale franchise deli with 40+ locations.
Asking Price
$198,000
Cash flow
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Revenue
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Posting: 284568 | Available | 1/8/24
This national franchise store is located in a busy intersection and shopping center in Los Angeles. It is surrounded by highly populated areas namely supermarkets, parks, and universities. The business employees are 5 part-time employees and open 7 days a week.
Asking Price
$55,000
Cash flow
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Posting: 283086 | Available | 1/3/24
Be your own boss for this great business opportunity! This has been well-established since 2015 with a great Yelp rating. This sandwich deli is open 5 days a week, 8 am-3 pm. Gross is 28-32k/month. The kitchen includes a hood and stove top/grill and there is low monthly rent.
Asking Price
$210,000
Cash flow
$195,000
Revenue
$477,000
Down
$250,000
Posting: 281735 | Available | 12/12/23
This business has existed for the last 40 years in the center location of San Jose. This is the first restaurant and grocery store ever opened in the Bay area. It has a great customer base. The hood size is 12 feet. The seller may carry a note, or partnership depending on the terms and conditions.
Asking Price
$250,000
Cash flow
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Revenue
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Posting: 284116 | Available | 12/1/23
This is a breakfast & lunch cafe for sale. They sell American and Korean sandwiches and breakfast food. They are open 5 days a week (closed on weekends) from 6am-3:30pm. They have excellent Yelp reviews. The owner has owned it for 10 years but wants to retire.
Asking Price
$149,000
Cash flow
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Revenue
$300,000
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Posting: 283192 | Available | 11/14/23
For asset sale is an existing Subway franchise sandwich shop that could be converted to any kind of restaurant. It's located in Fremont, California (Alameda County) for only $90,000.
Asking Price
$90,000
Cash flow
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Revenue
$900,000
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Posting: 282518 | Available | 11/3/23
This is a multi-unit Subway franchise restaurant in Tulare county. Both locations were remodeled a few months ago. They are absentee-run. There is a lot more potential for more profits/sales with an owner-operator. For rent, one is $2,914 and the other is $2,564.18 per month including CAM.
Asking Price
$639,000
Cash flow
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Posting: 279669 | Available | 10/8/23
For sale is a sandwich shop that is open 5 days a week. There is a hood and grill with a grease trap. The monthly average is $35,000. Rent is $2,370 including NNN. There is one owner plus 3 helpers. Payroll is$8,000. It was remodeled and invested around $100,000. There are all new FF&E.
Asking Price
$149,000
Cash flow
$203,692
Revenue
$1,544,036
Down
$210,000
Posting: 282838 | Available | 9/15/23
This well-established Subway franchise boasts three thriving locations strategically situated in Orange County's high-traffic areas. One of the branches is housed in a bustling strip center with enduring anchor tenants, ensuring a consistent flow of customers over the years.
Asking Price
$395,000
Cash flow
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Posting: 282534 | Available | 9/1/23
Nestled in a spacious 1,200 sq ft. unit, this well-established deli has been serving delighted customers and generating impressive monthly profits. With a dedicated team of two employees, this business runs like a well-oiled machine, ensuring a smooth transition for the new owner.
Asking Price
$180,000
Cash flow
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Posting: 267331 | Available | 8/18/23
This is a sandwich shop for sale in Aliso Viejo, Orange County. It is located within a business complex. It has short hours and is easy to operate. It has a low rent. It spent 20 years with the previous owner. The seller wants to relocate. It is open from Monday through Friday.
Asking Price
$15,000
Cash flow
N/A
Revenue
N/A
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Posting: 282274 | Available | 8/18/23
The location is central with lots of traffic and foot traffic. The dining room and kitchen are very spacious for a sandwich shop-2200 sq. ft. The kitchen is well equipped including a large storage room. Recently replace the compressor for the freezer.
Asking Price
$59,000
Cash flow
$475,000
Revenue
$3,000,000
Down
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Posting: 267141 | Available | 4/23/24
For sale are two bagel and sandwich shops that are available. They are in excellent commercial areas that have a hospital and residents that are high and middle-income. 2022 Year to Date made approximately $3 Million / Pandemic approximately $2.7 million plus 2020.
Asking Price
$1,675,000
Cash flow
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Posting: 279669 | Available | 10/8/23
For sale is a sandwich shop that is open 5 days a week. There is a hood and grill with a grease trap. The monthly average is $35,000. Rent is $2,370 including NNN. There is one owner plus 3 helpers. Payroll is$8,000. It was remodeled and invested around $100,000. There are all new FF&E.
Asking Price
$149,000
Cash flow
$24,000
Revenue
$120,000
Down
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Posting: 283934 | Available | 4/19/24
Price reduced! This attractive cafe-deli in North County Coastal Area is now available for an asset sale at $40,000 plus inventory. The 1,840 sq ft. space, complete with a patio, offers a great opportunity in a thriving business park. The monthly rent is $3,100.
Asking Price
$40,000
Cash flow
N/A
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N/A
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Posting: 285245 | Available | 4/1/24
This shop has low rent and is priced to sell! This is a fantastic opportunity for a low-rent hot sandwich shop with great potential. They have ample working space in the kitchen, plentiful seating, and tons of parking. This is a great space for maximizing Uber Eats & Door Dash.
Asking Price
$70,000
Cash flow
$195,000
Revenue
$477,000
Down
$250,000
Posting: 281735 | Available | 12/12/23
This business has existed for the last 40 years in the center location of San Jose. This is the first restaurant and grocery store ever opened in the Bay area. It has a great customer base. The hood size is 12 feet. The seller may carry a note, or partnership depending on the terms and conditions.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
$403,000
Down
$115,000
Posting: 275633 | Available | 5/21/23
This sandwich shop features outdoor seating in a popular shopping center surrounded by major retailers. The franchise offers one of the finest training programs in the industry as well as ongoing support for owners and an amazing advertising program. The store is off of a major highway.
Asking Price
$190,000
Cash flow
$100,000
Revenue
$500,000
Down
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Posting: 276889 | Available | 3/27/24
This is a great opportunity for an owner-operator. Currently, it is absentee owner operated. This established business is located in downtown San Jose with busy foot traffic. The store is recovering very nicely after its closure during the pandemic. There is plenty of room for growth.
Asking Price
$199,000
Cash flow
$108,000
Revenue
$621,000
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Posting: 261456 | Available | 7/27/22
The food is extremely delicious and this is definitely a place to get a quick bite. This place is definitely a hidden gem and a local treasure and a relatively undiscovered gem in Ventura. The food is so flavorful and absolutely amazing and second to none. The food is the top quality.
Asking Price
$169,000
Cash flow
$106,000
Revenue
$563,389
Down
$100,000
Posting: 285145 | Available | 4/11/24
An exceptional chance presents itself to acquire a flourishing gourmet coffee and sandwich shop situated in a sought-after shopping center. Boasting a remarkable 35 years of operation, the owner is now preparing for retirement. The location is prime, nestled within a highly desirable shopping hub.
Asking Price
$295,000
Cash flow
$275,000
Revenue
$1,165,000
Down
$195,000
Posting: 260768 | Available | 9/15/20
Breakfast & lunch city of Berkeley heavy foot traffic. Seating 30 people inside 10 people outside, rent $ 8450, per month including NNN. Lease 5+5 option. 1650 square feet full size of kitchen, seller claim annually sale $1,165. Open 7;30 till 6 pm 7 days a week. Seller claim take home $ 275,000.
Asking Price
$195,000
Cash flow
$180,000
Revenue
$1,000,000
Down
$499,000
Posting: 272705 | Available | 4/7/23
For sale is an absentee-run, busy, and successful sandwich restaurant. It was established 14 years ago at a corner location. It is open every day from 11am-9pm (Fri & Sat until 10pm). It there are 2 floors and each floor is 800 sq ft. The rent is $4,500 per month. The lease is 10-years + 5-years.
Asking Price
$499,000
Cash flow
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Revenue
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Posting: 285500 | Available | 3/5/24
This is a burger and cheesesteak restaurant for sale in Downtown Oakland. It is located close to a federal building, and civic center. The neighborhood is very nice and right in front of this office building is a walkway area with places to go for lunch, not just Starbucks.
Asking Price
$75,000
Cash flow
Call/Email
Revenue
$470,000
Down
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Posting: 278080 | Available | 8/3/23
For sale at a great price, 8-year-old location is an established Deli Delicious franchise. The location is one of the busiest shopping centers in the city. The gross total annual sales are approximately $470,000 for 2022. Rent is $4,155 a month including NNN charges. There is a long lease left.
Asking Price
$75,000
Cash flow
$227,809
Revenue
$2,245,978
Down
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Posting: 283528 | Available | 3/22/24
For sale is a multi-unit (2) Jimmy John's franchise with strong sales and low rents. Jimmy John's is the largest sandwich chain specializing in delivery and is part of the Inspire Brands Family. Founded in 1983, Jimmy John's has grown to more than 2,800 in 43 states.
Asking Price
$900,000
Cash flow
$57,886
Revenue
$754,000
Down
Call/Email
Posting: 280174 | Available | 1/20/24
Price reduced to $198,000 and the SBA may finance this successful Franchise to well-qualified buyers with 15% down ($30,000 only) for this established, highly successful deli franchise located in an extremely enviable Plaza in Sacramento. This is an upscale franchise deli with 40+ locations.
Asking Price
$198,000
Cash flow
$365,402
Revenue
$2,728,987
Down
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Posting: 286187 | Available | 4/18/24
Located in a busy shopping mall with neighbors including nationally recognized retailers. Super Chix prides itself on being a premium counter-casual, cooked-to-order, never-frozen crispy and grilled chicken sandwiches, tenders, and fresh hand-cut and seasoned fries.
Asking Price
$1,100,000
Cash flow
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Revenue
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Posting: 284105 | Available | 4/15/24
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
$204,000
Revenue
$840,000
Down
Call / Email
Posting: 269812 | Available | 12/27/22
This is a great opportunity for an aggressive owner-operator to take over this well-established and outstanding burger business and take it to the next level. The burgers here are exceptional and amazingly delicious and they are always consistently fresh and out of this world and second to none.
Asking Price
$450,000
Cash flow
$144,000
Revenue
$692,000
Down
$240,000
Posting: 261025 | Available | 3/30/24
This is an absentee-run coffee shop at an excellent corner location. They have a stable income and it is near Balboa Pier, Newport Beach. The absentee owner works 5-12 hours per week. 4+5 year long-term lease. They've had the current owner for 6 years. It is an easy operation. Rare opportunity.
Asking Price
$499,000
Cash flow
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Revenue
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Posting: 284623 | Available | 4/2/24
This is a fantastic opportunity to buy into the #1 sandwich franchise. These businesses are clean, training is given, and you receive the support expected from a top franchise. This store is particularly unique as it is situated inside Sacramento State University...
Asking Price
$310,000
Cash flow
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Posting: 284568 | Available | 1/8/24
This national franchise store is located in a busy intersection and shopping center in Los Angeles. It is surrounded by highly populated areas namely supermarkets, parks, and universities. The business employees are 5 part-time employees and open 7 days a week.
Asking Price
$55,000
Cash flow
N/A
Revenue
N/A
Down
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Posting: 282274 | Available | 8/18/23
The location is central with lots of traffic and foot traffic. The dining room and kitchen are very spacious for a sandwich shop-2200 sq. ft. The kitchen is well equipped including a large storage room. Recently replace the compressor for the freezer.
Asking Price
$59,000
Cash flow
Call/Email
Revenue
$240,000
Down
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Posting: 286214 | Available | 4/20/24
The rent is super low at $1,700 per month, which includes CAM and utilities such as power, water, trash, security, and more. It is easy to run and open five days a week, from Monday through Friday, from 8 AM to 3 PM. The establishment includes a cafe, lottery, and cigarette license.
Asking Price
$99,000
Cash flow
$120,000
Revenue
$450,000
Down
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Posting: 268565 | Available | 6/28/21
Same owner operating 30 years. Very Busy major Street. Open M to F, 9-5 only. If new owner extend working hours earns more. Monthly gross $35,000-40,000, Owner + 3 employees. Well established business & major street plus office building. Owner Retire.
Asking Price
$200,000
Cash flow
$104,281
Revenue
$810,524
Down
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Posting: 286090 | Available | 4/10/24
This is a fantastic chance to acquire a thriving sandwich franchise business with a leased location in the prime area of Hollywood. Situated in a bustling center alongside renowned brand-name tenants, this location benefits from their proximity to key landmarks and attractions.
Asking Price
$299,000
Cash flow
$140,000
Revenue
$640,000
Down
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Posting: 276890 | Available | 7/28/23
For sale is a newly built, 100% absentee-operated Togo's Sandwich franchise location in San Jose. It is an established business located in a busy foot-traffic shopping center. The current owner has not increased the product prices recently. They have owned it since March 2014.
Asking Price
$400,000
Cash flow
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Revenue
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Posting: 282534 | Available | 9/1/23
Nestled in a spacious 1,200 sq ft. unit, this well-established deli has been serving delighted customers and generating impressive monthly profits. With a dedicated team of two employees, this business runs like a well-oiled machine, ensuring a smooth transition for the new owner.
Asking Price
$180,000
Cash flow
Call/Email
Revenue
Call/Email
Down
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Posting: 276012 | Available | 3/17/24
This is an absentee-run Subway franchise for sale in Fairfield shopping centre near Safeway, vacant Sharetea, Wells Fargo, UPS store. The seller will provide combo reports last 5 years to qualified buyers after the NDA is signed. It is approximately 1,200 sq ft with a low rent of $3,700.
Asking Price
$150,000
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
I am the Founder Of BizBen.com. I consult daily with intermediaries, business buyers, owner/sellers & advisors daily about buying and selling California small to mid-sized businesses. Contact me today about joining & utilizing BizBen, consultations, & advisory services.
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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
For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
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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.
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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.
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I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a business evaluation & SWOT analysis for your business anywhere in the USA.
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The key to successfully selling your deli or any other business for that matter is preparation. Being prepared to sell your deli restaurant could mean the difference between closing a deal and not. With BizBen offering many deli sales, here are 5 tips to help you get prepared to sell your deli.
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With the economy in growth mode, many owners of small companies who are ready to retire or invest in another enterprise would be smart to offer their business for sale. But some insist on hanging on as owner just a little bit longer. And that might be a mistake. Three reasons people make this error.
Unlike a traditional brick and mortar business, selling a home business requires more finesse on the part of the seller. You really need to do your due diligence and prepare the business to be sold in order to make it attractive to a buyer. Here are my tips to achieving a successful sale.
The latest BizBen.com survey of Business Brokers and Agents outlined what it takes to be a top ten percent performer in the business brokerage industry. From good communication to utilizing your resources, these traits are something to take note of and put into practice to be successful.
The use of add backs & sellers discretionary cash is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains.
Owners should keep the fact that they want to sell their small business confidential. Before releasing information to prospective buyers, buyers should commit to confidentiality in writing & should understand why it is important. Peter Siegel, MBA a ProBuy and ProSell Advisor with BizBen explains.
First the dreaded statistic: 80% of all business buyers looking to buy a small business never end up doing so! Peter Siegel, MBA BizBen.com Founder & ProBuy Director) covers successful tactics & strategies all business buyers of small to mid-sized businesses should utilize now to buy a business.
Approaching business owners directly to see if they want to sell can sometimes work well for business buyers searching to buy a small business. Another way is to broadcast your search criteria via the BizBen ProBuy Program to all brokers, agents, and intermediaries who are selling a small business.
SBA large loan expert and advisor Peter Siegel, MBA (BizBen.com & SBALoanAdvisors.com Founder) shares his views and experience for getting the right SBA loan for larger deals, getting deals professionally prequalified & analyzed, and getting that loan through underwriting with fewer complications!
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.
Despite challenges in the business for sale marketplace, some of the brokers who make a living by facilitating a deal between buyer and seller are known to stand in the way of a completed transaction because of some outdated ideas. Too bad they put greed ahead of the needs of their clients.
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.
The idea to have a buying a business checklist follows the adage that it's always useful to start with a plan when searching to buy a small business for sale. Peter Siegel, MBA Founder of BizBen.com and top advisor of the BizBen ProBuy Program suggests six items for all business buyers to utilize.
The key to finding the ideal business broker or agent and selling a small business is asking the right questions and getting the right answers back! Peter Siegel, MBA with BizBen & several top business brokers and agents in California (ProIntermediaries) contribute to this topic to assist sellers.
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 - BizBen.com & SBALoanAdvisors.com Founder discusses the difference between a hands on owner and an absentee owner. It covers why someone would want to be an absentee owner and then goes on to discuss the pros and cons of buying an absentee run small to mid-sized business.
Peter Siegel, MBA - Lead Advisor with the BizBen.com ProSell Program discusses critical steps to prepare a small to mid-sized business including: which documents will be needed, key advisors to have involved, pricing the business, and how to attract the right business buyers to your listing.
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.
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.
Buying a small to mid-sized restaurant can have many pitfalls, and potential restaurant buyers should know how to avoid getting burned! Several restaurant advisors weigh in with (Peter Siegel, MBA at BizBen) and discuss tips for buying a restaurant in California.
Was chatting with a potential buyer of a restaurant in our BizBen ProBuy Program and he asked me what he should look for in due diligence when he finally did find a restaurant he was interested in. Peter Siegel, MBA with BizBen and others on BizBen explore this topic.
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.
