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Recommended Businesses
Los Angeles, California
Restaurant - Beautiful, Elegant, Seats 76
$ 499,000
Confidential listing - beautiful, elegant yet casual gem, seats 76. (no photo due to confidentiality) highly acclaimed and very popular with fantastic reviews. Over half million dollars in decor renovations. Gorgeous 14-seat marble bar. Full 47 liquor cup with 1 am closing. Must see. $1 mil yearly gross serving dinner only, could easily double that by offering lunch, weekend brunch, late-night menu, and effective marketing. Selling due to owner's private life circumstances interfering with proper management. Serious buyers only!
Tarzana, California
Restaurant - Asset Sale
$ 325,000
*rent: $3,450 Gross *lease to july 2020 but maybe best to negotiate new lease terms. *1,800 s.f *small patio *80 seats * 2 handicapped bathrooms *parking: 10 *ample parking in the street *8 full time employees Although it is an ASSET SALE, the ask price does include: *business names, *urls , phone and fax numbers, *type 47 liquor license , *goodwill, *full dining rooms and kitchen equipments valued at over $150,000. *list of extensive equipment on demand. *excellent demographics in affluent neighborhood. *neighborhood retailers: California Pizza Kitchen, Whole foods, Starbucks, Banks, Hotels, Restaurants, Retail stores, etc. * easy access to the 101 freeway. * traffic count: over 49,000 cars/day.
Long Beach, California
Womens Boutique
$ 48,000
CF : $ 65,000
This store has been arguably the most popular women's boutique on 2nd street since established in affluent Belmont Shore in 1996. It has built up a very loyal local following over the last 14 years, and also caters to tourists and visitors to the nearby Long Beach convention center. The business association in Belmont Shore is very active and conducts many special events and attractions on 2nd Street, which draw tourists from throughout Southern California. The boutique carries exclusive labels and better priced items of trendy clothing, shoes, accessories, and jewelry. Inventory turnover is very high in this busy, high-volume store. The boutique's prime corner location provides excellent street visibility and tremendous foot traffic from the people strolling along the street to shop and dine at the many fine restaurants. The store operates from a gorgeous 1,450 square foot space, which features a 14 foot high ceiling, crystal chandeliers, and a spectacular 56 linear feet of window frontage. It features a fanciful, themed interior that garners constant compliments from impressed customers. The racks and fixtures are unique, antique looking--all custom built for the store. It features 5 changing rooms, an employee break nook, office, and ample backroom storage, plenty of space for all supplies, extra fixtures, holiday decorations, and back stock for at least 20 styles of shoes. The boutique currently employs 4 superb part-time sales people, and can easily be run by an owner or hired manager. The ideal buyer for this business should be trend savvy and have a passion for fashion. The elderly owner is selling the boutique to raise cash for renovations on a commercial property he recently purchased. A retired CPA, he was forced to take over the business in 2000 from his brother, who became disabled at that time. Now, he himself is downsizing his business affairs after a recent heart attack. The business has a much greater profit potential if energized by a younger, more passionate owner/operator. Lease expires in 2012 with an option to extend for another 4 years at the same rental rate. Inventory is not included in sales price, but can be purchased at cost at buyer's option. Training on operations, buying, and all vendor sources included.
Encinitas, California
Acupuncture Service - Medical Practice
$ 134,599
CF : $ 80,000
Unique opportunity to own a lucrative, half-cash practice in the gorgeous Southern California coastal community of Encinitas. Acupuncture Continuum Inc. (Acupuncture Continuum), currently the acupuncture practice of Karen Sulger, L.Ac., is in north San Diego County just a few minutes from the beach. Perfectly located with very low rental costs, the beautiful practice serves the area's highly health conscious and affluent population. Acupuncture Continuum is well established and enjoys a sterling reputation for clinical efficacy. With nearly 25 years in the area, the practice also maintains strong relationships with referring MDs, particularly in the medical complex from which it operates. Even in the midst of Covid, return business remains consistent and there is a steady influx of new patients. The opportunity to run an abundant practice drawing from a major metropolitan area is available now. Imagine making close to $200,000 per year, working three days per week and with plenty of time off for vacation. No additional marketing necessary the established reputation of this 23-year-old practice maintains a steady flow of new patients and loyal return patients. Low overhead (including very low rent), years of records, substantial cash clientele and consistent patient flow mean that a new owner can expect to keep costs low. Add more hours, hire associates, and/or expand marketing, and you have the chance to add even more success to an already prosperous practice. Whether you are fresh out of school or an experienced clinician, Acupuncture Continuum offers the chance to hit the ground running. This is a turn-key opportunity to run a successful practice in one of the most sought-after, tranquil, prosperous areas in the country. Call or email today, come by and spend some time at the clinic, and see for yourself. As the new owner, you could be thriving in just a few short months. The Setting The City of Encinitas is located 25 miles north of San Diego and is part of the greater San Diego Metropolitan Area. It has a population of just over 60,000, with easy access to over 3 million others who live in San Diego County. Recently named among the twenty best surf towns in the world by National Geographic, Encinitas wears its surf history proudly. Located along six miles of pristine Pacific Ocean coastline, the town is an unspoiled reminder of the historic Highway 101 beach culture. With the perfect climate year-round, the city is a very popular weekend outing and a great place to live. Locals find all they need from the city's eclectic downtown, with its unique and dynamic blend of San Diego's top surf shops, amazing restaurants, coffeehouses and record stores. Kids love nearby Legoland theme park, Sea Life Aquarium, and San Diego Zoo and Wildlife Park. The clinic is located in a large medical office complex, easily accessible from the freeway. The well-designed office consists of a good-sized lobby and reception area; four treatment rooms (possible to set up a fifth); a staff office area; ample shelving for the extensive herbal apothecary and storage, and a bathroom. The space is modern and tastefully decorated, and each treatment room has its own speakers for music, a floor heater, and dimmable lighting. The most Covid-wary patients have the option to enter and exit one of the treatment rooms through its own dedicated entrance, bypassing the reception completely. Parking is free and easy here. The decades-old practice maintains longstanding relationships with nearby health providers and the local community from which it receives many referrals. Patient Demographics Ms. Sulger describes the clinic's clientele as 'absolutely wonderful,' she is grateful for the way the clinic has attracted such warm, caring and conscientious people. While the current owner treats a very wide range of conditions, she also has three specialty areas: (1) fertility and women's health concerns, (2) pain, and (3) facial rejuvenation. Most of the current patient load consists of professionals between the ages of 25 and 70. There has been a substantial uptick in fertility patients during Covid, as more couples are trying to conceive at this time. The clinic has averaged between 40-50 patient visits per week and has over twenty years of patient files. Overhead costs remain low, with about half of patients paying in full at the time of their visit, with the remainder using insurance. Typically, patients are from communities within 25 miles of the office. Given the practice's long history in the area, most are referred by word-of-mouth and local allied practitioners, while some come through insurance panels and the clinic's strong online presence (all 5-star reviews on Yelp and top-of-page in Google and Google Maps search engine optimization (SEO) has been a steady priority, and these SEO efforts have paid off). The current owner is also happy to provide years of past calendars to prove consistent patient volume. Modalities Utilized Treatments currently consist of acupuncture, cupping and moxa, as well as herbal medicine and supplements. In addition to using standard acupuncture and traditional Chinese medical techniques, Ms. Sulger also uses the Richard Tan Balance Method and Master Tung points for pain and orthopedic conditions. That said, clients seek the practice because it is known for clinical efficacy; they are not usually seeking a specific style of acupuncture or needling. Income and Expenses The following income and expense summaries are derived from an average of income and adjusted* expenses from 2017-2019. Note that Ms. Sulger has office hours only three days per week and takes up to three weeks off per year. Income Average gross yearly revenue: $190,400+ ($15,860+/mo) Expenses Average adjusted expenses: $102,918 yearly ($8,576/mo) *Adjusted expenses are the net expenses that a new owner would have to take on in order to run the business at the same level of revenue as the current owner. Net Profit: Average $87,491 per year (~$7,290/month) Pricing and Terms $139,500 OBO. The price is based on a conservative professional valuation of just over $140,000, with an average yearly gross of about $190,000 for the past several years. The owner's motivation to sell in a timely fashion (due to her impending retirement) has allowed her to generously factor in a potential discount for attrition and start-up costs on change of ownership. She expects the right person will retain her patients and transition smoothly, making this a great opportunity for the buyer. The purchase will be structured as an asset purchase agreement and may be drawn up between buyer and seller (preferred) or by attorneys, at the discretion and by agreement of both parties. Approval of the buyer is subject to a credit check, and loans from medical practice brokers, banks, or the Small Business Administration (SBA) may be available to finance the transaction depending on the buyer's creditworthiness. Upon purchase, the new owner will receive all patient records, furniture and equipment, the large herbal inventory and high-tech Covid safety equipment (including a UV air sanitizer and HEPA air purifier). The current owner will also transfer to the new owner all clinic-related intellectual property, including the clinic phone number, website, claimed Yelp and Facebook pages, AcuBase EHR and billing system, MailChimp email system, email list, and clinic-related financials. The practice currently employs one part-time office manager who expertly bills insurance, markets, schedules and performs many other office tasks. She is an exceptional worker and may be willing to stay on with the practice at the discretion of the new owner. The landlord is willing to transfer the lease (which is amazingly below-market), and the current owner will facilitate interaction with the landlord in order to secure favorable lease terms. Currently the owner has three month-to-month part-time subletters that reduce the monthly rent even further. A future owner could keep the subletters on or choose to take on the entirety of the rent (which is incredibly low) to expand their own practice. The current owner's goal is to surrender the practice by the end of March 2021. She would be willing to stay on for a limited time to assist in the transition and make introductions to the clientele, if so desired by the new owner, at no additional cost. Opportunities for Growth While the current practice nets a healthy return (even working part-time), a motivated buyer could significantly increase their income upon acquisition through a number of simple changes. * Work more hours. The current owner has office hours only three days per week, so there is plenty of room to expand business hours. There are also part-time subletters whose space could be taken back as needed, all of which would increase revenue. * Bring on other practitioners. In addition to or in lieu of working more hours, the practice could easily support at least two or more providers, either as contractors or as employees. * Reduce office manager hours. The current office manager expertly runs the office on the three days that the current owner works. The new owner could opt to take on some of her tasks to reduce payroll costs and increase net income. * Expand marketing efforts. The practice has an excellent web presence, sends monthly emails to its email list, and keeps up relationships with physicians and other healthcare workers. There is room to do much more such as networking with even more MDs and promoting highly profitable facial rejuvenation but the clinic has been busy enough that these resources have not often been leveraged. * Improve online presence. Blogging, enhancing the website, cultivating a social media presence, implementing pay-per-click, and increasing the frequency of email marketing all hold great potential to increase awareness of the clinic and thereby generate mor
Huntington Beach, California
Healthy Food Restaurant - Great Area
Call/Email
A Healthy Food Restaurant that located in crowded Plaza, near Trader Joe Market, BOA bank, UPS store and many busy salons. We offer very reasonable price during this time due to family matters which we cannot afford to run the business any longer.
Los Angeles County, California
Salon And Spa
$ 39,000
CF : $ 27,000
If you are looking for a well-established salon and day spa with a loyal clientele, look no further! This spa is located in a popular center at a major intersection with local businesses creating a constant flow of foot traffic! This lovely spa has 6 hair stations, 6 hair dryers, and 4 shampoo bowls, 1 nail station, 1 spa pedicure chair, and 2 comfortable treatment rooms with adjustable state-of-the-art beds to pamper its clients with facials, waxing and massages. A wide range of services are offered to its clients that are comparable to, or exceed, the services offered at larger spas. These services include hair styling, and coloring, Brazilian Blowouts, manicures, pedicures, permanent make-up, wedding hair styling and make-up, waxing, facials, microdermabrasion, as well as Swedish and deep tissue massage. The spa practically runs itself with its long-term and reliable employees, including 1 part-time and 4 full-time hair stylists, 1 full-time aesthetician, 1 part-time massage therapist, and 1 part-time receptionist. Six of the employees are on a commission basis, and 1 is on a rental basis. Over the years, many women, men and families have become loyal clients. Even the walk-in customers return again to receive the great hair styling services from the experienced stylists! There is opportunity to grow the business by advertising the spa, and promoting the services at local wedding shows. The website is an opportunity that could also be expanded by a new owner. The current owner would like to sell so that she can work part-time, to allow her to spend more time with her family. She would like to keep working in the spa to continue her tradition of providing exceptional customer service for her clients.
Los Angeles, California
Carpet And Furniture Cleaning Service
$ 500,000
CF : $ 100,000
Long-Established Carpet And Furniture Cleaning Company With Loyal Employees And Clients. Well-Known Brand. Consistent Money-Earner For The Family. Serves A Broad Variety Of Clients; Personal Homes, Estates, Offices, Commercial Buildings, Hotels, Stores. Recognized By Various Rating Services For Quality And Customer Satisfaction. Offers' Green' Products And Services. Owned By A Husband/Wife Team. With The Husband's Passing Three Years Ago, The Widow Has Decided To Sell The Business. She Will Assist In The Transition. The Company Has Consistently Provided The Family With Net Income Of 100 - 140K. Revenue Is Steady At ~ 800K. Many Growth Avenues Have Not Be Pursued By The Sellers. Sale Includes Trucks, Inventory, Brand, Ongoing Client And Employee Relationships. Asking Price Is 500K. Terms Will Be Condsidered.
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PBI Laundry Consulting
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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If you are looking to Buy or Sell your Business/Commercial Real Estate or any Investment property all over California then please contact me. A name you can depend on....Knowledgeable - Approachable - Trustworthy - Hard Working - Excellent Service - Excellent Results.
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