Status: Off The Market
Posting ID: 277697
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Asking Price
NOTE: This BizBen Posting #277697 Software Engineering and Award Winning Digital Mktg in Chicago is currently INACTIVE Today (Either: It's In Escrow, It's Sold, or Is Off The Market Temporarily) - Please See Today's ACTIVE Postings below that match this posting's attributes. For your convenience there are also helpful links below to assist you in your search to buy or sell a small to mid-sized business that matches your criteria. Thank you for using BizBen.com.
Attributes:
Cash flow
$468,000
Revenue
$837,750
Down
Call/Email
Posting: 285921 | Available | 4/1/24
The Company provides a leading suite of software and service solutions to support healthcare providers. Products and services included are Patient Assistance Program for Prescription Drugs Software (PAP), 'onshore' based Medical Billing, Credentialing, Collections and Denial Management Services,
Asking Price
$3,000,000
Cash flow
$50,000
Revenue
$300,000
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Posting: 280371 | Available | 5/25/23
This long-established Value-Added Reseller primarily serves small to medium businesses, both locally and online. Business offerings include computer repair, AS400 and peripherals, and barcode equipment.
Asking Price
$100,000
Cash flow
$14,200
Revenue
$36,900
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Posting: 273281 | Available | 5/6/22
Our client offers a NFT fantasy franchise sports platform, built on blockchain technology, that introduces true in-game ownership of franchises, teams, and players through the use of NFTs (Non-Fungible Tokens). Unique to our client, customers will own their franchise and their players indefinitely,
Asking Price
Call
Cash flow
$305,186
Revenue
$352,324
Down
$1,500,000
Posting: 286644 | Available | 5/20/24
This software company provides standardized surveys, analytics, and industry benchmarks for one specific industry however there is a tremendous opportunity for growth by using this software platform in many other industries.
Asking Price
$1,500,000
Cash flow
$369,787
Revenue
$626,300
Down
Call/Email
Posting: 282198 | Available | 9/25/24
An exceptional opportunity to acquire a leading International Early Childhood Development Company, renowned for its pioneering integration of digital content in early childhood education, with a strong emphasis on social, emotional, and intellectual development. Programs are offered in more than 20
Asking Price
$2,500,000
Cash flow
$1,970,838
Revenue
$2,738,419
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Posting: 281975 | Available | 9/1/23
Our client is a unified real estate property cloud-based software technology. The seller is the inventor of a patented lock/unlock, video access and building management platform. Our client is currently live in 170+ buildings nationwide, primarily in NY and NJ.
Asking Price
$10,000,000
Cash flow
$1,429
Revenue
$9,104
Down
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Posting: 288671 | Available | 9/30/24
This business was founded by a software engineer with 44 years of experience in Cable TV Billing, Subscriber Management, and Provisioning systems, developed a fully scalable Cable TV Billing/Authorization System. This software, licensed by companies such as Motorola Broadband & Shaw Communications.
Asking Price
$300,000
Cash flow
$154,270
Revenue
$84,915
Down
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Posting: 274048 | Available | 9/13/22
Our client is a software company that generates recurring revenue through its products and services. These include a mobile app development service along with the licensing of its proprietary, extremely user-friendly software platform for mobile app development.
Asking Price
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Cash flow
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Posting: 271022 | Available | 6/20/23
It is estimated that the marketplace for connected cars and automobile data is will reach $400BN by 2030. There are currently ~280MM registered automobiles in the US today with ~65MM of them being connected cars. The Company has created a process that while working with 3rd party Co
Asking Price
$745,000
Cash flow
$3,594
Revenue
$12,949
Down
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Posting: 283446 | Available | 10/18/23
Our client has an AI-driven web-based software that turbocharges the hiring processes. It also keeps hiring locally with job posters or ads attracting nearby talent to area employers posting job openings. Our client's app is user-friendly, fast, and easy for employers and potential employees.
Asking Price
$150,000
Cash flow
$380,000
Revenue
$750,000
Down
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Posting: 272848 | Available | 4/18/23
Our client is offering a unique and versatile anti-shoplifting technology for sale to the market. It is unlike any system currently in use. This technology is discrete, effective, and very economical to use and install. The product is electronic merchandise or article-surveillance technology.
Asking Price
$1,900,000
Cash flow
$4,189
Revenue
$15,941
Down
Call/Email
Posting: 289168 | Available | 10/30/24
Our client is offering a groundbreaking cyber defense software solution that addresses the ever-growing threats from cybercrime. Traditional approaches to data protection are no longer effective, and this revolutionary software breaks the cycle.
Asking Price
$2,500,000
Cash flow
$395,131
Revenue
$1,314,552
Down
Call/Email
Posting: 286587 | Available | 5/15/24
Our client is a niche Connector App Product Development business. It is undergoing rapid expansion and has a major client list. They are headquartered in Australia and seek to team up with a growth partner for continued expansion.
Asking Price
$3,000,000
Cash flow
$49,840
Revenue
$10,592
Down
Call/Email
Posting: 286995 | Available | 6/7/24
For sale is a Property Management Software Company that is easy to use and affordable. This software collects all tasks required of property managers into one central dashboard and automates the repetitive aspects including accounting.
Asking Price
$5,000,000
Cash flow
Call / Email
Revenue
$517,548
Down
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Posting: 272708 | Available | 3/4/22
Our client developed and operates a multi-market high-demand system capable of identifying criminal subjects in seconds. Access to the cloud-based software is subscription-based with packages ranging from $35,000 to $300,000 annually. The system generates recurring revenue from major retailers.
Asking Price
$5,000,000
Cash flow
$134,237
Revenue
$530,571
Down
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Posting: 289361 | Available | 11/14/24
Our Client provides tailored software development solutions, specializing in digital transformation for businesses of all sizes. Since its inception, this company has built a strong reputation by offering services in web development, mobile applications, analytics, and more.
Asking Price
$200,000
Cash flow
$9,280
Revenue
$1,595,000
Down
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Posting: 275838 | Available | 9/11/22
World leader in iris recognition tech with large USA production capacity. Multinational with robust record of selling tech products worldwide. Clients include UN, US Dept. of Homeland Security, Navy, Marines, govts. of India, Philippines, Kenya, and Northrop Grumman, InCadence and numerous others.
Asking Price
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Cash flow
$110,000
Revenue
$155,000
Down
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Posting: 290051 | Available | 1/6/25
Since 1984, The Company has provided dependable and low-cost reinsurance systems. With over 60 installations worldwide, the staff has unmatched experience in conversions and installations which boast a 100% success rate. From one user to one thousand, the software can be configured to size an
Asking Price
$350,000
Cash flow
$110,359
Revenue
$446,823
Down
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Posting: 289944 | Available | 12/20/24
Looking for a lucrative business opportunity in the technology industry? Look no further! This highly successful computer service business, is now available for acquisition.
Asking Price
$232,000
Cash flow
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Revenue
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Posting: 290200 | Available | 1/15/25
This is a very rare opportunity! The business provides industry-leading employee vacation, workforce scheduling, job bidding, and attendance solutions. Its customers are large companies and organizations with 200+ employees and complex employee management needs.
Asking Price
$400,000
Cash flow
$1,685,000
Revenue
$12,500,000
Down
Call/Email
Posting: 286119 | Available | 4/14/24
Established in 2008, this Company is dedicated to providing customers with fair market valuations for their cherished items, including rare coins, various precious metals, and a range of collectibles. With four retail locations in Chicago, they pride themselves on exceptional customer service.
Asking Price
$5,000,000
Cash flow
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Revenue
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Posting: 288514 | Available | 9/17/24
An Illinois visiting physician group is available, that is based in Chicago, and covers the entire state! It has the potential for growth, can accept Private Pay, and has a census of 320. The listing number is 22328834123.
Asking Price
$900,000
Cash flow
$170,000
Revenue
$875,000
Down
$163,000
Posting: 286407 | Available | 5/6/24
Secure a foothold in the FedEx network with a compact operation, boasting a 2021 and 2022 fleet. It is eligible for SBA financing. Work in a recession-resistant industry where weekly pay is guaranteed. Straightforward business model - simply manage your fleet and team of drivers.
Asking Price
$650,000
Cash flow
$754,496
Revenue
$1,903,219
Down
Call/Email
Posting: 280777 | Available | 1/24/25
Well-established and highly profitable FedEx Linehaul routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,600,000
Cash flow
$186,680
Revenue
$719,406
Down
Call/Email
Posting: 283419 | Available | 9/9/24
Well-established and highly profitable FedEx Linehaul routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$725,000
Cash flow
$388,572
Revenue
$976,465
Down
Call/Email
Posting: 281503 | Available | 1/24/25
Well-established and highly profitable FedEx Linehaul routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$800,000
Cash flow
$373,898
Revenue
$2,000,000
Down
Call/Email
Posting: 288197 | Available | 8/29/24
This Company provides a vibrant environment with live music, a modern American southern-inspired menu, and professional bar offerings that all continue to evolve. With a dedicated customer base and nestled in a busy part of town, this Restaurant has become a staple of the community.
Asking Price
$750,000
Cash flow
$730,927
Revenue
$2,830,043
Down
Call/Email
Posting: 283133 | Available | 6/25/24
Well-established and highly profitable FedEx Linehaul routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$2,600,000
Cash flow
$103,156
Revenue
$178,230
Down
$353,000
Posting: 289082 | Available | 1/20/25
This well-established fitness business, located in West Oakland near Baller Park, is dedicated to transforming lives through personalized training programs. With $70K in build-out costs, it offers a modern, well-equipped space focused on strength, conditioning, and overall wellness.
Asking Price
$353,000
Cash flow
$230,000
Revenue
$1,700,000
Down
$749,000
Posting: 285227 | Available | 1/19/25
This business offers a full and wide range of services for vehicles, including repair, overhaul or replacement of numerous items including brakes, fuel injectors, engines, transmissions, water pumps, air conditioning, drivelines, axles, timing belts, and the list goes on.
Asking Price
$749,000
Cash flow
$200,000
Revenue
$1,046,000
Down
$181,250
Posting: 284627 | Available | 1/19/25
New pricing! These are ten fedex home & ground delivery routes for sale for $725,000. Currently grossing at $1,046,000 + and has estimated adjusted cash flow of $200,000 + per year. This includes 10 fedex delivery vehicles that are worth an estimated $313,000 and 11 employees (ft & pt) in place.
Asking Price
$725,000
Cash flow
$500,000
Revenue
$3,000,000
Down
$1,490,000
Posting: 288544 | Available | 1/24/25
This company specializes in car audio and electronics, window tinting, safety & security, and led lighting. It was established in 2005 and has been under current ownership since inception.
Asking Price
$1,490,000
Cash flow
$215,000
Revenue
$675,000
Down
$300,000
Posting: 286778 | Available | 1/19/25
This Northern Nevada based Pizza Franchise is a Sub-Chapter S corporation and has been in operation for the past 9 years under current ownership. This franchise is one of the most popular in the area, allowing the creation of your own pizzas, including gluten free, and delivery available as well.
Asking Price
$589,000
Cash flow
$770,691
Revenue
$5,553,176
Down
$3,388,000
Posting: 284830 | Available | 1/22/25
This business is a leader in the catering industry, comprised of multiple divisions with recurring revenues and is poised for further growth in multiple areas in the hands of the right new owner. The business is brand-recognized with a well-established reputation and long-standing community.
Asking Price
$3,388,000
Cash flow
$367,571
Revenue
$1,350,000
Down
$1,260,000
Posting: 277815 | Available | 1/19/25
This Northern California non-surgical hair replacement company is a California S Corporation and was started more than 23 years ago, and under current ownership since inception. They offer hair loss prevention and regrowth products and treatment services, wigs and toppers, and more.
Asking Price
$1,400,000
Cash flow
$50,000
Revenue
$650,000
Down
$1,990,000
Posting: 288542 | Available | 1/24/25
Semi-Absentee Owned Mattress & Furniture Store - Real Estate Included - SC2201 Retail Businesses for Sale Primary Category: Furniture & Furnishings Stores for Sale
Asking Price
$1,990,000
Cash flow
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Revenue
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Posting: 290068 | Available | 1/19/25
Owner retiring! 20-year-old profitable smoke shop for sale. This is an opportunity to purchase a long-standing profitable smoke shop in San Joaquin county from the original owner. The business operates short hours from 10 AM to 8 PM . and 11 AM to 6 Pm on Sundays.
Asking Price
$100,000
Cash flow
$125,000
Revenue
$387,069
Down
Call/Email
Posting: 288911 | Available | 1/23/25
Located in beautiful Mount Laguna, this historical restaurant has been part of the community for many years. Current owner has been operating since 2020 as a European Cafe with fresh baked items. This restaurant has an A1 hood and Grease trap with a fully equipped kitchen.
Asking Price
$299,000
Cash flow
$58,469
Revenue
$485,986
Down
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Posting: 284521 | Available | 1/21/25
Own a simple, turnkey snack food distribution business. This company has served its customers by delivering and drop shipping top-quality products to local independent grocers, chain and convenience stores, delis, food service and independent snack route operators.
Asking Price
$169,000
Cash flow
$150,000
Revenue
$1,250,000
Down
$337,500
Posting: 277116 | Available | 1/19/25
This Northern California-based screen printing and embroidery company is a California Sub-Chapter S Corporation and was formed 25 years ago and has been servicing customers with their screen printing, embroidery, calendars, signs, and a large variety of various items.
Asking Price
$450,000
Cash flow
$78,094
Revenue
$385,489
Down
N/A
Posting: 289263 | Available | 1/20/25
PRICE REDUCED - MOTIVATED SELLER! Own a highly reputable, 20+ year landscape company known for transforming ordinary yards into beautiful retreats. This well-established business brings clients' visions to life with expertly crafted landscape design, pool installations, and custom outdoor kitchens
Asking Price
$250,000
Cash flow
Call/Email
Revenue
$531,528
Down
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Posting: 287408 | Available | 1/19/25
Great opportunity to own an attractive, well-established, high visibility, major busy street location, Circle-K Franchise. Location on a major busy street ensures a high volume of vehicle and foot traffic and a steady stream of clientele.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$290,000
Posting: 288923 | Available | 1/20/25
This is a liquor store newly constructed 2.5 years ago on the Monterey Peninsula in the middle of the pandemic. It is located in a neigborhood shopping center with a major grocery store, banking, restaurants, fast food service. It offers customers personal service of delivery.
Asking Price
$290,000
Cash flow
$590,250
Revenue
$1,900,000
Down
$3,250,000
Posting: 287327 | Available | 1/22/25
This two location Northern California based Montessori School is a California Sub-Chapter S Corporation that has been in operation for the past 33 years. They have two separate locations, each owned by the Seller and service from 18 months old to 6 years old.
Asking Price
$6,500,000
Cash flow
$400,000
Revenue
$1,100,000
Down
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Posting: 272547 | Available | 1/18/25
For sale is a professional service company providing written translation and oral interpretation services in 200 languages for clients worldwide: government agencies, NGOs, business entities, etc. The business has an extensive team of language experts and a broad client base, and operates virtually.
Asking Price
$1,495,000
Cash flow
$316,390
Revenue
$2,406,911
Down
$636,750
Posting: 285715 | Available | 1/22/25
This Northern California based concrete polishing, water proofing and coating company is a California Sub-Chapter S Corporation that has been in operation for the past 21 years, under the ownership of the founder. This is an absentee owner business.
Asking Price
$849,000
Cash flow
$180,000
Revenue
$800,000
Down
$1,990,000
Posting: 290061 | Available | 1/20/25
Auto Body & Painting Service Facility Turn-Key Opportunity with Real Estate. This trusted, family-owned auto body and painting facility has served the community for 36 years, earning a stellar reputation for quality craftsmanship, friendly service, and timely work.
Asking Price
$1,990,000
Cash flow
$113,000
Revenue
$690,000
Down
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Posting: 290282 | Available | 1/23/25
Sales average $55,000-60,000 monthly and are verifiable in Kwik point of sale and with online delivery companies.
Asking Price
$110,000
Cash flow
$74,842
Revenue
$142,544
Down
$125,000
Posting: 280801 | Available | 1/22/25
This female athleisure-activewear brand focuses on functional fitness clothing that celebrates each of its client's unique features. The brand delivers eco-responsible luxury and comfort designed for everything from high-powered workouts to afternoon dog walks and errands (and in between!).
Asking Price
$125,000
Cash flow
Call/Email
Revenue
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Posting: 286916 | Available | 1/22/25
For sale is a Pomona hand car wash, a full-service 100% hand car wash. It is at a great location, situated less than 1/2 mile from a major off-ramp of the 10 freeway. This is the favorite place for car lovers to wash their vehicles.
Asking Price
$590,000
Cash flow
Call/Email
Revenue
$711,513
Down
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Posting: 287050 | Available | 1/22/25
Renowned for its fresh, savory California cuisine with an Italian flair including seafood, steak, rack of lamb, pork chops and other delectable creations, this restaurant and bar offers a culinary experience that's worth the trip. Using seasonal, locally sourced ingredients.
Asking Price
$275,000
Cash flow
$100,000
Revenue
$800,000
Down
$499,000
Posting: 286865 | Available | 1/19/25
This Northern California based Custom Cabinet Manufacturer is a California Sub-Chapter S Corporation that has been in operation for the past 42 years. They have been creating beautiful factory direct cabinets since 1980.
Asking Price
$499,000
Cash flow
$210,926
Revenue
$2,132,608
Down
Call/Email
Posting: 288353 | Available | 1/19/25
Great opportunity to take over an established direct marketing agency (direct response and email) in the automotive industry and leverage several potential growth opportunities. Seller operated the business for over 40 years, and now works less than 10 hours per week and is looking to retire.
Asking Price
$500,000
Cash flow
$70,000
Revenue
$450,000
Down
$749,000
Posting: 285011 | Available | 1/19/25
This Northern California-based auto repair business is a California Sole Proprietorship that has been in operation for the past 41 years, since 1983, under ownership of the founder. Located in Northern California, they service customers in an approximate 30-mile radius from their location.
Asking Price
$749,000
Cash flow
$219,950
Revenue
$219,950
Down
$2,900,000
Posting: 283295 | Available | 1/22/25
This Silverlake restaurant and bar with liquor, onsite parking, and excellent street visibility boasts what may arguably be the most coveted outdoor patio in the area. The venue has 3 dining areas that open into an adjacent bar and outdoor patio. The corner property is included!
Asking Price
$2,900,000
Cash flow
Call/Email
Revenue
$53,771
Down
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Posting: 286375 | Available | 1/19/25
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
$74,000
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
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
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
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
Financing a business purchase, or getting cash for a down payment can take many forms. Hopefully the options listed below will give you some ideas where you can find the money to buy a California business!
A potential small business owner/seller asks the question: I have a preschool and am thinking about selling it but my lease is ending soon. What would be the best thing to do? Do I renew the contract or do I act the landlord to sign a contract to the new buyer? and is it a good time to sell?
The likelihood of selling a business is often determined by external factors in the marketplace. Here are eight influences on how easy, or difficult it might be when selling a small business. Peter Siegel discusses these factors in a BizBen.com article.
One of the strategies for selling your business to a very cautious buyer is to relate the price to performance of the company in the months after the buyer takes over. Peter Siegel with BizBen.com explains this strategy.
Don't buy a laundry business before reading these 5 tips to maximize your investment. You'll soon be able to buy a laundry with confidence! Peter Siegel, MBA with BizBen.com discusses this topic.
The three most widely used sources of funds for financing business purchase assets are buyer's cash, seller financing, and SBA bank loans. Peter Siegel, MBA with BizBen.com and an SBA loan consultant & placement specialist explains the differences between them.
Since 2011 we have completed an additional 850+ transactions and in total since 1996 when I founded Restaurant Realty Company, we have completed over $1,000,000,000 (billion) of business and real estate transactions.
The following list is broken down as follows. Stage 1 -- Items you need to do before you sign a purchase contract. Stage 2 -- Items you need to complete after you sign a purchase contract, and Stage 3 -- Items you need to do in order to close escrow.
I have found over the years that the biggest obstacle in getting a deal done is the landlord. The landlord either makes the sale and/or lease of the business possible or prevents the transaction from moving forward.
One avenue that has consistently shown promise and potential for budding entrepreneurs is the world of franchise businesses. Buying a franchise business offers individuals an opportunity to step into a proven business model, benefiting from an established brand, operational framework, and support.
Before you buy a dry cleaners small business, read these critical tips about this industry. Discover why a dry cleaner needs to be "green" to be profitable. Peter Siegel, MBA (BizBen ProBuy, ProSell Program Advisor) explores this topic and other helpful strategies on buying a dry cleaning store.
Laundromats undeniably represent a fantastic business opportunity. They offer high returns and require minimal hours, making them an attractive investment. Even during severe economic downturns, laundromats prove resilient as they provide an essential life service, but why do laundromats fail?
For Laundromat investors looking to enter the industry, these are challenging times. This significant industry that is surging due to "smarter" equipment, cleaner spaces, more staff, & the larger payback for offering a better customer experience. But, brokers & sellers have unrealistic valuations.
The coin-operated laundry business has undergone significant changes, evolving beyond its traditional model. Laundromats are now transforming into comprehensive "laundry businesses." This shift reflects a broader approach that goes beyond mere self-service coin-operated machines.
Chuck Post hosts these live FREE online webinars on Buying A Card or Coin Laundry. These webinars occur every Weds at Noon. Have your questions ready for an open and honest discussion about both the Pro & Cons of the Vended Laundry Business. RSVP or for more info phone Chuck at 619-227-5711 direct.
Chuck Post, a leading laundry expert with over 37 years of developing laundries, retooling, and rebranding hundreds of existing laundries, tells investors how to search, find, evaluate, and do good laundry due diligence laundries for acquisition. A must read for new investors & current operators.
The laundry business offers all of those rewards of business ownership, with much fewer headaches than with most other businesses. However buyer beware - Chuck Post, laundry broker and consultant covers several mistakes many first time laundry buyers commit when buying a California laundromat.
When investing in a laundry business, there are two methods. One is preferred, but the other is far more common. If you are considering entering into a new industry, like most now entering the laundry industry, you want to have a good understanding of both opportunities. Chuck Post explores both.
Laundry buyers and investors should expect both challenging times and opportunities for success in 2022 and 2023. Chuck Post, Laundry Industry Advisor explores growth opportunities, equipment advances, industry challenges and trends all laundromat buyers and investors should know about.
Utility rates are on the rise. I am getting calls from laundry owners complaining of the costs, asking for ideas. So what is the answer? What is the best approach in combating these costs? Chuck Post, laundry consultant discusses strategies for keeping coin laundry utility costs under control.
Coin operated laundry for sale (also referred to as a laundromat), which typically can yield a 20% to 30% profit (before taxes, interest, depreciation and amortization) on gross revenues to the owner. Peter Siegel, MBA with BizBen.com discusses this topic on buying small to mid-sized laundromats.
Many Californians want to buy a coin laundry because it's a business that doesn't require full time owner attention and because, as an all cash business, the owner is always paid before the service is provided. But there are a few misconceptions about the business and a buyer should have the facts.
Laundromats and coin operated Laundromats are popular choices among business buyers as they often can be successfully run as an absentee run business. You need to be strategic about when you sell your Laundromat so you don't get taken to the cleaners by a buyer and so that you maximize your profits.
Are you thinking of selling your California vending route? More business buyers than ever before are looking to buy such a business. Peter Siegel, MBA with BizBen.com discusses tips for selling your vending route.
Buying a professional service business, like a dental practice, is one of the most profitable ventures you can enter into if you are considering becoming a small business owner. In this blog, Peter Siegel, MBA discusses six things you need to know about buying a successful dental practice or office.
Entrepreneurs who think they want to buy a towing business need to have some idea of what to look for when examining businesses for sale in this industry. The assets, including tow trucks and perhaps the property where towed vehicles are stored, determine much of the value of this kind of company.
Buying a day care for sale is a dream for many people. Here, you'll learn how to successfully negotiate the purchase of a day care for sale to make that dream a reality. Peter Siegel with BizBen.com covers this topic.
There are several things to consider when placing a value on a preschool. Businesses that are regarded as leading preschools in their area can go for premium prices so know what you have so a potential buyer can't take advantage of your lack of knowledge. Peter Siegel with BizBen.com explains.
How does the laundromat business look as we enter this changing environment? Is it still as easy to operate a laundry and be profitable? Is it still the American Dream Business that it has been known to be? Yes, but… Chuck Post, Laundry Advisor & Consultant initiates this BizBen Discussion post.
We are finding that many laundry buyers and investors are not being given true light to selected elements of value or there are inconsistencies in the interpretation of these elements of value. This common error needs to be addressed. In this BizBen Discussion we address many of those factors.
Chuck Post a laundry consultant, specialty broker, buyer representative & due diligence advisor starts this discussion on why it's important to have an exit strategy in mind while buying a laundromat! He & others explain why this concept is so important for buyers especially in the laundry business.
However all the laundry listings are asking 4X to 5X multiple for an asking price! Is this reasonable, standard? We are are looking buy either a coin or a card laundry and want to pay a "fair" price. What factors go into valuing a laundry business these days? Multiple Advisors answer this question.
When buying an Elderly Care Home what should potential buyers always ask the broker or owner before proceeding? Find out in this Discussion on BizBen. Items buyers of elderly care homes will want to know more about why the seller is moving on, average length of stay, placement fees paid, etc.
A business buyer asks about the viability and purchase of a home health care service and about the future of this industry - Peter Siegel, MBA takes on this question with other ProIntermediaries & Advisors on BizBen regarding the home health care industry and it's future for potential buyers.
I would like to start this discussion and see what other BizBen Users feel about (and possible contribute to this list via a comment and replies below) what items/questions/information buyers should be thinking about during the due diligence and buying process of manufacturing related businesses.
Is a dog grooming business for you? Business broker Joe Ranieri ponders this question with BizBen viewers and answers this question along with other intermediaries and advisors. Some replies cover: brick and mortar vs. mobile, licenses & certifications, maintaining and growing a clientel, etc.
The only time to get an exact and accurate inventory count, and valuation, is at the time the business is being transferred. To do so beforehand, would mean that any merchandise sold after inventory is taken, but before close of escrow - Peter Siegel, MBA with BizBen & others discuss this topic.
Buying a liquor store can present some major challenges to business buyers - a recent client on the BizBen ProBuy Program relates to Peter Siegel, MBA what the major challenges may be when searching for and buying a Californa liquor store business. I welcome other Advisors to weigh in on this topic.
Buying a gas station can be a profitable business. From my experience, here are the pros & cons of buying a gas station that I share with BizBen ProBuy Buyers when they come to me to to get pre-qualified for financing to buy a gas station (with or without real estate). I discuss all these factors.
How much money should you expect to make when buying an automatic car wash? Peter Siegel, MBA (BizBen ProBuy Program Director and Business Purchase Financing Expert) explains with other brokers, intermediaries, and advisors info on this topic.
This is a hard question to answer specifically without any knowledge of the business. What kind of car wash it is (auto, self-serve, or full service)?, How many bays does the car wash have? Is there any other streams of revenue? We discuss this topic regarding car washes on this BizBen Discussion.
Before purchasing a car wash (quick serve or full serve) you must understand that the industry as a whole will provide you with plenty of competition. More importantly, depending on what your interests are, you will identify what type of car wash you want. We discuss this all in this Discussion.
Doing due diligence when buying any type of business is extremely important. Regardless of what type of business you are buying there are certain things you will always look at such as, financials, equipment, legal issues etc. We take a look at several angles for optimal gas station due diligence.
In this Discussion, we define financing options available to potential restaurant buyers when purchasing a small to mid-sized restaurant business (with or without real estate). When it comes to financing a restaurant purchase, potential restaurant buyers have several options to choose from.
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.
Ice cream shops are a favorite with buyers of small businesses, but many times don't know what to look for when seeking a purchase of a shop. Joe Ranieri and other intermediaries and advisors share their experience and expertise to potential ice cream shop owners. Explore these tips to learn more.
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.
