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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
$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
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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
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
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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
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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
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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
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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
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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
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
N/A
Revenue
N/A
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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
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Revenue
$470,000
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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
$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
$180,000
Revenue
$1,210,000
Down
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Posting: 276399 | Available | 3/18/23
For sale is an SBA pre-approved, highly-profitable national sandwich franchise. Loan payments are estimated at approximately $5k per month (4% of revenues) for a fixed 10-year loan at 9% interest. It has strong demographics where the business is located with excellent traffic.
Asking Price
$496,000
Posting: 275827 | Available | 12/31/22
Sandwich, quick serve franchise or independent wanted to buy. Experienced buyers. Adjusted Net Income-$200,000+. I am looking for a sandwich or quick serve restaurant or multi units to be operated by a family with many years of multi-unit experience and financially qualified that is relocating.
Cash flow
$204,000
Revenue
$840,000
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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
$103,363
Revenue
$411,355
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Posting: 273673 | Available | 12/2/22
This is Subway sandwich fast food franchise for sale in Antioch, CA. Subway is the leading choice for people seeking quick, nutritious meal options that the whole family can enjoy. Franchisor requires sufficient net worth and liquidity, and the buyer must live in the area. Total inventory is $3,000.
Asking Price
$299,000
Cash flow
$72,000
Revenue
$456,000
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Posting: 277179 | Available | 10/30/22
For sale is a Subway Sandwich franchise location. This is a great opportunity to own this world-famous sub sandwiches at this great location. This is the place where you can trust the quality and freshness of sandwiches. The quality and taste of the food are always consistently delicious.
Asking Price
$299,000
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
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Revenue
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Posting: 261636 | Available | 7/3/22
Best sub sandwiches franchise. Made from high quality ingredients. This is a great place to come grab a quick healthy food and there are lots of options to choose from. This is a well known and one of the fastest growing franchises.
Asking Price
$169,000
Cash flow
$120,000
Revenue
$450,000
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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
$60,000
Revenue
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Posting: 257261 | Available | 10/19/20
The location is great in Woodland Hills and Open 6 days only. The premiere sandwich shop in Woodland Hills. You can taste the quality difference in their sandwich versus other places. This is the place where you can trust the quality and freshness of sandwiches. Run by owner for 25 year.
Asking Price
$175,000
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
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Posting: 284105 | Available | 6/12/24
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
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Revenue
$425,842
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Posting: 286752 | Available | 6/14/24
This established and profitable deli has been in operation for over 19 years with an excellent reputation and a loyal customer base. Currently only open Monday- Friday 8am to 3 pm only. New owners can expand hours to increase sales and profit. Ideal for owner-operators.
Asking Price
$179,000
Cash flow
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Revenue
$53,771
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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
$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
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Revenue
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Posting: 261636 | Available | 7/3/22
Best sub sandwiches franchise. Made from high quality ingredients. This is a great place to come grab a quick healthy food and there are lots of options to choose from. This is a well known and one of the fastest growing franchises.
Asking Price
$169,000
Cash flow
$60,000
Revenue
Call
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Posting: 257261 | Available | 10/19/20
The location is great in Woodland Hills and Open 6 days only. The premiere sandwich shop in Woodland Hills. You can taste the quality difference in their sandwich versus other places. This is the place where you can trust the quality and freshness of sandwiches. Run by owner for 25 year.
Asking Price
$175,000
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All Cash
Posting: 276684 | Available | 5/30/24
This Togo's Sandwich franchise is for sale, and is located in a busy neighborhood shopping center. This store is located near 3 schools. The monthly rent is $7,800 including CAM and everything else. The size is 2,000 sq. ft. A potential buyer can change it or keep the concept. There is no hood.
Asking Price
$119,999
Cash flow
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Revenue
$384,000
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Posting: 280726 | Available | 5/16/24
For sale is a well-established and famous sandwich shop surrounded by office buildings and apartment complexes in Irvine. It is located in the small street shopping center. The current owner opens the store for lunch only on weekdays. There is NO HOOD, but it has two restrooms for ABC license.
Asking Price
$150,000
Cash flow
$138,000
Revenue
$2,100,000
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Posting: 270117 | Available | 4/22/24
This donut shop has been freshly and entirely renovated recently and most of the fixtures and equipment have been upgraded. This place is definitely a hidden gem and this donut shop has been there for over 3 decades with lots of loyal customers
Asking Price
$245,000
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
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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
$72,000
Revenue
$240,000
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Posting: 286831 | Available | 5/29/24
This is an opportunity to own your own business. This establishment is well known in the community as one of the best tasting eatery. Owner is planning to retire. Rent is at $3,000 per month. The lease ends 2/28/2025. It can be easily extended. It has short business hours from 10-2 Mon-Sat.
Asking Price
$75,000
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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
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Revenue
$300,000
Down
$99,000
Posting: 286303 | Available | 5/29/24
The location is great, situated on the first floor of a high-rise building complex near OC airport, offering 1,350 sqft of space. The rent is $3,500, which includes utilities. Additionally, they offer coffee, sandwiches, snacks, and more, with operating hours from 7:30 am to 3:00 pm.
Asking Price
$99,000
Cash flow
$231,903
Revenue
$1,780,399
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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
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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
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Posting: 270224 | Available | 5/10/24
A recently remodeled meat market with a full kitchen and beer & wine license is currently for sale. The sale includes both the commercial property and the business itself, all included in the asking price. This presents an excellent opportunity for an owner-operator.
Asking Price
$1,890,000
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
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Posting: 284795 | Available | 6/6/24
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
$50,000
Cash flow
$180,000
Revenue
$805,043
Down
$375,000
Posting: 286572 | Available | 6/13/24
This sub shop is located next to Starbucks in a large mall surrounded by national brand tenants such as Starbucks, Wendy's, Robeks Juice, and many more across this shopping center.
Asking Price
$375,000
Cash flow
N/A
Revenue
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
$180,000
Revenue
$1,210,000
Down
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Posting: 276399 | Available | 3/18/23
For sale is an SBA pre-approved, highly-profitable national sandwich franchise. Loan payments are estimated at approximately $5k per month (4% of revenues) for a fixed 10-year loan at 9% interest. It has strong demographics where the business is located with excellent traffic.
Asking Price
$496,000
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
$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
$120,000
Revenue
$480,000
Down
$200,000
Posting: 285853 | Available | 6/14/24
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 $480,000 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
$200,000
Cash flow
Call/Email
Revenue
$123,160
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Posting: 286249 | Available | 6/10/24
Do not miss this unique opportunity to own a grab-n-go or stay-n-sit cafe and sandwich shop. Owned and operated by the seller this North County San Diego business resides in affluent business park that has a captive audience, loyal customer base and great reviews. The cafe/shop is fully equipped.
Asking Price
$75,000
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
Call/Email
Revenue
$280,000
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Posting: 287131 | Available | 6/14/24
Apong's Philly Steak is a family-owned and operated restaurant located in busy Cathedral City a prime location. Their menu is more than Philly Steak offering a unique blend of Filipino and western flavors, combining traditional Filipino cuisine with a touch of western influence.
Asking Price
$70,000
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
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
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
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
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
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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Restaurant franchise offerings are among the most popular of the business types potential business buyers seek. What many would-be owners don't realize is that there are specific tips for buying fast food or restaurant franchises that don't necessarily apply to independent restaurants for sale.
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.
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.
Often business buyers actions cause a deal to tank but they never know why. Peter Siegel with the BizBen ProBuy Program discusses what mistakes business buyers make in the search process to buy a business with some of the best business brokers and recent sellers on BizBen about this topic.
In my opinion and experience, an LOI may very well be appropriate for lower middle market transactions of $5,000,000 or more; but, for deals less than that an Asset Purchase Agreement ("APA") with contingencies on the actions of the buyer (and seller) is much more efficient and effective.
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.
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.
Peter Siegel, MBA discusses buyers who want to buy a business or franchise know about asking the seller to provide part of the financing with a carry-back note. Many business buyers need some cash to help fund the down payment and for working capital. Here are four ideas about how to get that money.
With the multitude of factors that come into play when deciding the appropriate time to inform your employees that your business is for sale, I do not offer a standard or general answer. When sellers consult me as to my opinion on when it is the right time, I like to review the major issues that...
What are actual adjusted net earnings (cash flow) of a small business being purchased with business acquisition SBA Loan financing? That's an important amount that lenders need to know. Peter Siegel, MBA (BizBen.com, SBALoanAdvisors.com Founder) reviews this important concept with BizBen Blog users.
Selling a business is hard enough but using the wrong word, text, and strategy can really delay or outright kill a campaign to sell a small business successfully. Peter Siegel, MBA Founder of BizBen.com shares what words, phrases, and strategies work (and not) when selling a small business online.
The unfortunate truth is that approximately 50% of all small business sales transactions fall through. While failed transactions can happen for a variety of reasons, Peter Siegel, MBA (BizBen Founder & Lead Advisor) discusses the most common reason deals fall through; unrealistic asking prices.
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.
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.
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.
