Cash flow
$120,000
Revenue
$900,000
Down
Call/Email
Posting: 286115 | Available | 4/12/24
For sale is a fast-casual breakfast, lunch and dinner, hamburger shop netting on average $10k/mo fully absentee. The restaurant was around for over 30 years with legacy customers and long-time employees (i.e. lifers) making this a very easy business to operate.
Asking Price
$399,000
Cash flow
N/A
Revenue
N/A
Down
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Posting: 283280 | Available | 4/12/24
For sale is a 5-day-open sandwich shop with a hood and grill on Wilshire Blvd in the city of Los Angeles. It is a ground-floor location with high visibility from the street. It was professionally built, as their full kitchen has a hood, grill, and beautiful patio. It is surrounded by many offices.
Asking Price
$189,000
Cash flow
$104,281
Revenue
$810,524
Down
Call/Email
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
$229,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285965 | Available | 4/3/24
Huge growth opportunity to increase sales by increasing hours, prices, and marketing. Huge opportunity for a more dedicated owner-operator. Currently, absentee-operated. Established business located downtown with busy foot traffic; located near SJSU. The store is recovering nicely from COVID.
Asking Price
$130,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
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
N/A
Revenue
N/A
Down
Call/Email
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284902 | Available | 4/1/24
This is a famous fast-food sandwich brand located at a busy intersection by the major freeway. The business is surrounded by other major brand names, motels, and offices in the same and adjoining centers providing a steady volume of traffic. Ongoing training and support will be provided.
Asking Price
$50,000
Cash flow
$100,000
Revenue
$500,000
Down
Call/Email
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
Call/Email
Revenue
$128,000
Down
$30,000
Posting: 283689 | Available | 3/27/24
For sale is an Italian pizzeria & sandwich shop located in nice shopping center. Rent is $2,600/month, annual sales are $100,000. The owner has a job and works 40 hours/week. established in 1979. The shop is closed on Mondays and Tuesdays. It currently needs an owner-operator. 29K Down/Owner Carry.
Asking Price
$55,000
Cash flow
$120,000
Revenue
$520,000
Down
$215,000
Posting: 285853 | Available | 3/26/24
For sale is a high-volume deli and sandwich shop. It is employee-run and located in a very busy San Diego area. Gross sales are bout $520,000 annually. Rent is only $3,000 per month for 1,300 sq ft. and a lease of 6 years (+ options). The deli has a 6-foot hood.
Asking Price
$215,000
Cash flow
Call/Email
Revenue
$662,200
Down
Call/Email
Posting: 281173 | Available | 3/26/24
Over 48 years of long-standing deli and cafe franchise with a large presence throughout the Bay Area. Their sandwiches, soups, and salads are made with fresh, quality ingredients.
Asking Price
$185,000
Cash flow
Call/Email
Revenue
$600,000
Down
Call/Email
Posting: 284986 | Available | 3/20/24
Discover a golden franchise prospect in Redding, CA! This renowned opportunity offers a well-established brand, a long-term, pre-negotiated lease, and over $300,000 in build-out included with the sale, the heavy lifting is already handled! A prime sandwich haven awaits!
Asking Price
$100,000
Cash flow
$70,000
Revenue
$655,000
Down
$120,000
Posting: 283475 | Available | 3/19/24
This is a high-quality and fresh Submarine Sandwich franchise in Escondido. This long-established sub-shop is in its current location in a busy strip center with anchor tenants for decades. The shop enjoys great reviews and is considered by many to offer the best-tasting submarine sandwiches.
Asking Price
$180,000
Cash flow
Call/Email
Revenue
$468,000
Down
Call/Email
Posting: 284470 | Available | 3/11/24
Subway is an American multinational restaurant franchise that specializes in submarine sandwiches, wraps, salads, and drinks. With 20,603 locations in more than 100 countries and territories, Subway is the largest single-brand restaurant chain and the largest restaurant operation in the world.
Asking Price
$199,000
Cash flow
$76,140
Revenue
$622,773
Down
Call/Email
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
Down
Call/Email
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
Call / Email
Revenue
Call / Email
Down
Call / Email
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
$120,000
Revenue
$312,000
Down
Call/Email
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
Call/Email
Down
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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
$117,600
Revenue
$468,000
Down
Call/Email
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
Call/Email
Revenue
Call/Email
Down
Call/Email
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
Call/Email
Revenue
Call/Email
Down
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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
Call/Email
Revenue
Call/Email
Down
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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
Call/Email
Revenue
Call/Email
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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
Call/Email
Revenue
$300,000
Down
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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
Call/Email
Revenue
$900,000
Down
Call/Email
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
Call/Email
Revenue
Call/Email
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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
Call/Email
Revenue
Call/Email
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Posting: 284105 | Available | 5/22/24
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
$350,000
Down
Call/Email
Posting: 284218 | Available | 4/26/24
This is a well-established and famous cafe in the medical buildings in the affluent Newport Beach. It is open 5 days a week, Monday-Friday 7:30 am to 3:00 pm, and closed on all Holidays. Its current monthly sales are about $27-30,000. Its size is about 1,200 sq ft with a storage room.
Asking Price
$75,000
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
Call/Email
Revenue
$662,200
Down
Call/Email
Posting: 281173 | Available | 3/26/24
Over 48 years of long-standing deli and cafe franchise with a large presence throughout the Bay Area. Their sandwiches, soups, and salads are made with fresh, quality ingredients.
Asking Price
$185,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 282237 | Available | 8/16/23
5-Day Cafe in Hgh-Rise in Long Beach downtown on the ground floor. They have extra storage using free and patio. Surrounded by many corporate offices, Government offices, a big hotel next door, and a lot of condos across the street.
Asking Price
$159,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 283280 | Available | 4/12/24
For sale is a 5-day-open sandwich shop with a hood and grill on Wilshire Blvd in the city of Los Angeles. It is a ground-floor location with high visibility from the street. It was professionally built, as their full kitchen has a hood, grill, and beautiful patio. It is surrounded by many offices.
Asking Price
$189,000
Cash flow
Call/Email
Revenue
$98,000
Down
Call/Email
Posting: 282306 | Available | 5/23/24
This is a family-owned banh mi shop for sale in downtown Stockton. It is a new addition to downtown Stockton, so this lunch spot is as authentic as it is fresh. Enjoy sandwiches, spring rolls, rice plates, vermicelli, smoothies, and specialty Vietnamese drinks. There is no hood or grease trap.
Asking Price
$65,000
Cash flow
Call/Email
Revenue
$468,000
Down
Call/Email
Posting: 284470 | Available | 3/11/24
Subway is an American multinational restaurant franchise that specializes in submarine sandwiches, wraps, salads, and drinks. With 20,603 locations in more than 100 countries and territories, Subway is the largest single-brand restaurant chain and the largest restaurant operation in the world.
Asking Price
$199,000
Cash flow
Call/Email
Revenue
$1,500,000
Down
Call/Email
Posting: 286437 | Available | 5/6/24
For sale is a busy walk-up traffic location, offering succulent BBQ's, Burgers and Salads, pouring craft beers and specialty cocktails. This high-profile corner location bar/restaurant has to be seen to be fully appreciated. An ABC Type 47 Hard Liquor license is included.
Asking Price
$300,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
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
$76,140
Revenue
$622,773
Down
Call/Email
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
Call/Email
Revenue
$564,000
Down
Call/Email
Posting: 286398 | Available | 5/3/24
Subway is an American multinational restaurant franchise that specializes in submarine sandwiches, wraps, salads, and drinks. With 20,603 locations in more than 100 countries and territories, Subway is the largest single-brand restaurant chain, and the largest restaurant operation in the world.
Asking Price
$375,000
Cash flow
$227,809
Revenue
$2,245,978
Down
Call/Email
Posting: 283528 | Available | 5/17/24
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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283086 | Available | 5/13/24
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
$185,000
Cash flow
$364,346
Revenue
$2,724,595
Down
Call/Email
Posting: 286187 | Available | 5/23/24
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
$60,000
Revenue
$150,000
Down
Call/Email
Posting: 286073 | Available | 5/10/24
This is a nice location with a full hot kitchen in Huntington Beach "Surf City". It has easy hours and is perfect for someone who also wants to do catering on the weekends. It has had the same owner for 20 years. It is open 8am-3pm Mon-Fri (closed on weekends). Rent is $1,643 per month.
Asking Price
$59,000
Cash flow
Call/Email
Revenue
$53,771
Down
Call/Email
Posting: 286375 | Available | 5/2/24
Unlock the door to your dream of business ownership with a thriving Deli/Cafe business nestled in San Anselmo. Beyond its quaint facade lies a bustling hub where every cup of coffee tells a story and each dish served is made with fresh local ingredients.
Asking Price
$90,000
Cash flow
$362,000
Revenue
$1,770,000
Down
$690,000
Posting: 286448 | Available | 5/7/24
The Rib Co. is a favorite BBQ spot in the valley. They are known for having the tastiest ribs in the area but they also specialize in hand-cut choice steaks, seafood, sandwiches, salads, burgers, and chicken.
Asking Price
$690,000
Cash flow
$104,281
Revenue
$810,524
Down
Call/Email
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
$229,000
Cash flow
Call/Email
Revenue
$240,000
Down
Call/Email
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
$231,903
Revenue
$1,780,399
Down
Call/Email
Posting: 274272 | Available | 5/17/24
This high-volume Fatburger/Buffalo Cafe is located on a street with heavy foot traffic near commercial businesses and universities. Fatburger is a quick casual, take-out & sit-down hamburger chain founded in 1952. It features freshly prepared, cooked-to-order food prepared in full view of guests.
Asking Price
$895,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
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
$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
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285965 | Available | 4/3/24
Huge growth opportunity to increase sales by increasing hours, prices, and marketing. Huge opportunity for a more dedicated owner-operator. Currently, absentee-operated. Established business located downtown with busy foot traffic; located near SJSU. The store is recovering nicely from COVID.
Asking Price
$130,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
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
$800,000
Down
$50,000
Posting: 285362 | Available | 5/8/24
The owner is motivated for a quick sale! This opportunity will not last long. For sale is 2 turn key sandwich franchise restaurants. Located in Dana Point. One location is a new build out less than 5 years ago.
Asking Price
$130,000
Cash flow
$70,000
Revenue
$655,000
Down
$120,000
Posting: 283475 | Available | 3/19/24
This is a high-quality and fresh Submarine Sandwich franchise in Escondido. This long-established sub-shop is in its current location in a busy strip center with anchor tenants for decades. The shop enjoys great reviews and is considered by many to offer the best-tasting submarine sandwiches.
Asking Price
$180,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 279957 | Available | 5/15/24
This sub sandwich shop is in a great high visibility location in a busy shopping center and is surrounded by other popular businesses. The shop has been in operation for 30 years and has sold over 1.5 million sub sandwiches in that time!
Asking Price
$199,000
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
The 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 multitude of factors that come into play when deciding the appropriate time to inform your employees that your business is for sale, I do not offer a standard or general answer. When sellers consult me as to my opinion on when it is the right time, I like to review the major issues that...
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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.
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!
Many times when buying a business there are reasons why buying stock or buying assets is the better business decision. We explore these options on the BizBen Blog Post of which option may be better depending on the circumstances of the buyer (and seller) involved in the transaction taking place.
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.
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.
