Cash flow
$156,000
Revenue
$914,000
Down
Call/Email
Posting: 284289 | Available | 12/13/23
This retail package store located in a Publix anchored shopping center. The business has been in the same location for 13 years and has seen steady revenue growth. The business is currently run with an absentee owner and has a full time manager in place.
Asking Price
$450,000
Cash flow
Call/Email
Revenue
$380,000
Down
Call/Email
Posting: 278721 | Available | 10/27/23
This is a super long time gift basket business! They have been serving the Bay Area in addition to national and international sales for over 20 years! It is a great location brick-and-mortar storefront with a super lease and terms, an additional storage room on the top floor, fantastic baskets, etc.
Asking Price
$335,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283346 | Available | 10/13/23
Unique opportunity to acquire a Fully TurnKey Retail Cannabis Storefront Business in San Francisco, CA. This license is located strategically in between the Financial District and Union Square District in one of the major markets for cannabis consumption in California.
Asking Price
$499,000
Cash flow
$50,000
Revenue
$140,000
Down
$100,000
Posting: 265223 | Available | 10/10/23
Red Rabbit Clothing, Jewelry, and gifts is centrally located in the picturesque town of Idyllwild Ca. They carry an assortment of women's casual clothing, unique accessories, gifts, and jewelry items.
Asking Price
$100,000
Cash flow
Call/Email
Revenue
$1,762,563
Down
Call/Email
Posting: 283211 | Available | 10/4/23
This is a great opportunity to take over a well-known and respected home improvement retailer. It is fully turn-key. This business is ready for a new owner with experience and expertise to come in and drive sales. With inventory, you cannot find in other similar stores.
Asking Price
$949,999
Cash flow
Call/Email
Revenue
$1,050,000
Down
$450,000
Posting: 280561 | Available | 10/2/23
Fashion Fix womenswear boutique in Palm Springs Village is on the market. Fashion Fix carries unique and trendy designs for women of all ages & sizes. They are dedicated to providing an excellent shopping experience for all their customers with a one-on-one customer experience.
Asking Price
$399,000
Cash flow
$36,000
Revenue
$379,212
Down
Call/Email
Posting: 283070 | Available | 9/27/23
This is a tremendous opportunity for someone with a creative/artistic side who wants to own and operate their own business. This specific shop has been in business for over 20 years and is always busy.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282810 | Available | 9/13/23
For sale is Specialty Candles, a candle manufacturer producing highly attractive inventory for 20 years. They are delivering over 240 different titles, 40 titles are in Spanish. Each candle comes with instructions how to use, where to place, what to do with the ashes.
Asking Price
$200,000
Cash flow
$35,000
Revenue
$139,000
Down
$76,000
Posting: 280567 | Available | 8/22/23
'The Elephant Walk Home Store' is located in the beautiful historic 'La Plaza' in the heart of downtown Palm Springs. This store carries a variety of unique gifts, home decor, jewelry, accessories, and clothing. This store is a perfect place to shop for visitors and locals looking for a gift.
Asking Price
$76,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 282119 | Available | 8/9/23
Unique Opportunity of multiple retail spaces for lease in a supermarket food court in Little Saigon Orange County. One of the shops available for restaurants 2800-3000 sq ft, has newer full kitchen equipment including a walk-in freezer inside the walk-cooler, a long hood, and more.
Asking Price
Call/Email
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 273204 | Available | 8/5/23
They offer a vast array of new and previously owned firearms, that also includes a variety of consignment firearms. They serve the needs of a broad customer base including sports men and women, collectors, law enforcement, military, and general firearms enthusiasts.
Asking Price
$1,100,000
Cash flow
$81,000
Revenue
$429,000
Down
Call / Email
Posting: 263626 | Available | 8/3/23
Music Box & Clock Shoppe is the perfect store to visit for your personal and gift shopping. This store is celebrating over 28 seasons and over that time they feel they have touched many people's lives in different ways. Their customers are like family.
Asking Price
$119,000
Cash flow
$38,650
Revenue
$475,000
Down
Call/Email
Posting: 281714 | Available | 7/19/23
Newly Established Retail Pharmacy with all major PBMs located on busy Glendale's street!
Asking Price
$248,800
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 280657 | Available | 5/10/23
Helen Lyall, owner of Helen Lyall Clothes for Women, a touted boutique that opened in the Riverfront complex in downtown Napa in 2010 after 35 successful years of running her women's clothing store on Georgia Street in Vallejo.
Asking Price
$299,000
Cash flow
NA - Lease
Revenue
N/A - Lease
Down
Call/Email
Posting: 280592 | Available | 5/6/23
Retail space for lease. This 1756 sq ft end cap is a perfect location for regional & national retail users seeking high visibility, and abundant natural light. It used to be a formal Check Cashing store space. Lease: $2.05 / sq ft -- NNN: $0.50/ sq ft.
Asking Price
N/A - Lease
Cash flow
Break Even
Revenue
$396,000
Down
Cash
Posting: 276887 | Available | 11/14/22
This beer and wine market is located in a nice neighborhood. Plenty of front parking. The current owner has another job and cannot run this business. Used to be a Circle K location. Employee run, absentee owner. Reasonable asking price. Monthly gross: $33,000.
Asking Price
$85,000
Cash flow
$184,440
Revenue
$600,000
Down
$200,000
Posting: 275835 | Available | 8/18/22
Beachfront gift shop, well-established. One of the busiest spots in San Diego. Rare opportunity for sale. Year-round successful business. About 75 % margin on sales revenue. Please text or email (do not call) -- I will reply in 30 minutes if text or email.
Asking Price
$399,900
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 263995 | Available | 6/17/22
This is an opportunity to own one of the largest collections of antique plumbing fixtures and parts in the United States - at a discounted price! The inventory ranges from beautiful, turn-of-the-century clawfoot tubs and rib-cage showers, to beautifully decorated China toilets and sinks!
Asking Price
$349,000
Cash flow
$95,000
Revenue
$380,855
Down
$100,000
Posting: 269952 | Available | 6/9/22
Gun Instructions 80%/Bullet Sales 20% for sale in Burlingame All classes are offered 7 days a week. Customers will receive a complete education in firing and safety of firearms. This may be individuals, family members or professionals required to have knowledge of the use and safety of weapons
Asking Price
$175,000
Cash flow
$216,000
Revenue
$720,000
Down
Ask
Posting: 261638 | Available | 4/26/22
If you need any kind of gardening service and machinery, this is the place to go and they carry all the highest quality brands and have an excellent selection of lawn mower equipment and they provide great repair service. They repair on all your gardening equipment, full service including parts,
Asking Price
$259,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 269835 | Available | 10/4/21
Stable. Since 2000, DoughMain located in Thousand Oaks has been serving the community with retail and on line presence for the distribution retail & on line sales of Body Detox, Bowls, Bubblers, Dab Rigs, E-Cigs, E-Nails, E-Rigs, Bangers, CBD +, Drug Tests, and many other items.
Asking Price
$199,950
Cash flow
Call
Revenue
$980,000
Down
Call
Posting: 261589 | Available | 10/1/21
LOWER PRICE & INCLUDES INVENTORY. Room to grow servicing the Antelope Valley with quality merchandise and 420 supplies for the grower. Offering a long Ten Year History of great relationships, trust, and dozens of five star Google reviews. 245,000 plus inventory, assumable lease through August 2024.
Asking Price
$149,950
Cash flow
$91,864
Revenue
$280,000
Down
$100,000
Posting: 268762 | Available | 9/29/21
High performance Motorcycle Shop- Dyno-jet tuning, repair and parts business in North County San Diego in busy location. 32 years in business in same location, established clientele'. Turnkey sale with everything needed to continue and grow the business, including $30k in inventory and training by s
Asking Price
$120,000
Cash flow
$216,000
Revenue
Call / Email
Down
Call / Email
Posting: 268739 | Available | 7/31/21
This is a profitable business and this is a rare opportunity to own this great business to make money. This lawnmower shop has everything you need for the lawnmowers and one shop stop. Shop carries all the highest quality brands.
Asking Price
$380,000
Cash flow
$251,000
Revenue
$972,000
Down
Call
Posting: 268282 | Available | 6/27/21
This lawnmower shop carries all the highest quality brands. They repair small engines, lawn mowers, chainsaws, trimmers, weeders and tune-ups. They sell used (secondhand) and new lawn mowers. This is absolutely awesome shop.
Asking Price
$499,000
Cash flow
$248,900
Revenue
$399,000
Down
$400,000
Posting: 263312 | Available | 10/22/20
Highly profitable plumbing supply company with significant expansion potential. Located in a quaint Northern California town, this opportunity presents a unique set of parameters to live in a rural community and grow a business to the next level. Loyal repeat customers with limited other choices.
Asking Price
$749,000
Cash flow
$75,000
Revenue
$250,000
Down
Call
Posting: 252230 | Available | 10/19/20
Available for sale is an iconic Southern California wholesale and retail distributor of hard to find vintage automotive parts Volkswagen cars. The business has made a wise investment in setting up overseas manufacturing of certain difficult to replace parts, emblems, and keys.
Asking Price
$99,000
Cash flow
$200,524
Revenue
$1,314,394
Down
$285,000
Posting: 285041 | Available | 4/18/24
This greater Silverlake/Glendale area market combines a carefully curated assortment of natural and organic wines, beers, spirits and beverages, food, merchandise and home goods with organic produce, breads and specialty provisions sourced locally to ensure freshness.
Asking Price
$285,000
Cash flow
$251,000
Revenue
$972,000
Down
Call
Posting: 268282 | Available | 6/27/21
This lawnmower shop carries all the highest quality brands. They repair small engines, lawn mowers, chainsaws, trimmers, weeders and tune-ups. They sell used (secondhand) and new lawn mowers. This is absolutely awesome shop.
Asking Price
$499,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 280657 | Available | 5/10/23
Helen Lyall, owner of Helen Lyall Clothes for Women, a touted boutique that opened in the Riverfront complex in downtown Napa in 2010 after 35 successful years of running her women's clothing store on Georgia Street in Vallejo.
Asking Price
$299,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 263995 | Available | 6/17/22
This is an opportunity to own one of the largest collections of antique plumbing fixtures and parts in the United States - at a discounted price! The inventory ranges from beautiful, turn-of-the-century clawfoot tubs and rib-cage showers, to beautifully decorated China toilets and sinks!
Asking Price
$349,000
Cash flow
Call/Email
Revenue
$380,000
Down
Call/Email
Posting: 278721 | Available | 10/27/23
This is a super long time gift basket business! They have been serving the Bay Area in addition to national and international sales for over 20 years! It is a great location brick-and-mortar storefront with a super lease and terms, an additional storage room on the top floor, fantastic baskets, etc.
Asking Price
$335,000
Cash flow
$81,000
Revenue
$429,000
Down
Call / Email
Posting: 263626 | Available | 8/3/23
Music Box & Clock Shoppe is the perfect store to visit for your personal and gift shopping. This store is celebrating over 28 seasons and over that time they feel they have touched many people's lives in different ways. Their customers are like family.
Asking Price
$119,000
Cash flow
Call/Email
Revenue
$552,000
Down
Call/Email
Posting: 285086 | Available | 4/11/24
Discover a unique opportunity in the specialty bedding market. Step into a world of opportunity with this well-established luxury mattress store. This store isn't just a business; it's a platform fully equipped with a curated selection of renowned mattress brands and sleep accessories.
Asking Price
$105,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285896 | Available | 3/29/24
This is a long-established retail store has been offering Sonoma County and beyond iconic festival wear from all over the world for 20+ years. The store occupies a corner space on the busy downtown corridor.
Asking Price
$65,000
Cash flow
$248,900
Revenue
$399,000
Down
$400,000
Posting: 263312 | Available | 10/22/20
Highly profitable plumbing supply company with significant expansion potential. Located in a quaint Northern California town, this opportunity presents a unique set of parameters to live in a rural community and grow a business to the next level. Loyal repeat customers with limited other choices.
Asking Price
$749,000
Cash flow
$285,943
Revenue
$1,339,460
Down
Call/Email
Posting: 277803 | Available | 4/1/24
This is a 100% rare opportunity to acquire a legacy business selling one-of-a-kind, pre-owned watches! This profitable business has many repeat customer, is completely turn-key and has an excellent reputation. The Business is fully staffed with experienced and knowledgeable employees.
Asking Price
$735,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 273204 | Available | 8/5/23
They offer a vast array of new and previously owned firearms, that also includes a variety of consignment firearms. They serve the needs of a broad customer base including sports men and women, collectors, law enforcement, military, and general firearms enthusiasts.
Asking Price
$1,100,000
Cash flow
Call/Email
Revenue
$1,050,000
Down
$450,000
Posting: 280561 | Available | 10/2/23
Fashion Fix womenswear boutique in Palm Springs Village is on the market. Fashion Fix carries unique and trendy designs for women of all ages & sizes. They are dedicated to providing an excellent shopping experience for all their customers with a one-on-one customer experience.
Asking Price
$399,000
Cash flow
Call/Email
Revenue
$1,762,563
Down
Call/Email
Posting: 283211 | Available | 10/4/23
This is a great opportunity to take over a well-known and respected home improvement retailer. It is fully turn-key. This business is ready for a new owner with experience and expertise to come in and drive sales. With inventory, you cannot find in other similar stores.
Asking Price
$949,999
Cash flow
$38,650
Revenue
$475,000
Down
Call/Email
Posting: 281714 | Available | 7/19/23
Newly Established Retail Pharmacy with all major PBMs located on busy Glendale's street!
Asking Price
$248,800
Cash flow
Call/Email
Revenue
$63,900
Down
$29,000
Posting: 283537 | Available | 4/2/24
Located in the greater La Quinta area, this exceptional apothecary shop is now available for sale, offering a unique opportunity for individuals passionate about aromatherapy and natural wellness.
Asking Price
$29,000
Cash flow
$128,248
Revenue
$535,833
Down
$50,000
Posting: 278443 | Available | 3/18/24
This 3-in-1 home & garden retail and maintenance business with an online presence has been established since 1996. In 2022, the gross sales were broken down into 20% installations, 34% maintenance, and 46% retail. It offers installation and ongoing maintenance services for ponds. Excellent earnings!
Asking Price
$350,000
Cash flow
$34,265
Revenue
$215,422
Down
Call/Email
Posting: 285143 | Available | 2/13/24
This unique and beloved business was established in July 1999 and underwent a change in ownership in 2020 in California. They cater to an ever growing community of local British Ex-pats and enthusiasts all around Los Angeles county.
Asking Price
$110,000
Cash flow
$156,000
Revenue
$914,000
Down
Call/Email
Posting: 284289 | Available | 12/13/23
This retail package store located in a Publix anchored shopping center. The business has been in the same location for 13 years and has seen steady revenue growth. The business is currently run with an absentee owner and has a full time manager in place.
Asking Price
$450,000
Cash flow
$80,000
Revenue
$200,000
Down
Call/Email
Posting: 276433 | Available | 3/4/24
This optical store and lab - optician - has been in business since 2002, under the same ownership. The store is 850 square feet at a rent of approximately $1,600 per month, the landlord will be open to negotiating a new lease for the buyer. Seller plans on retiring but will provide transition help.
Asking Price
100,000 + Inv
Cash flow
$218,000
Revenue
$1,040,000
Down
$870,000
Posting: 285882 | Available | 3/28/24
While numerous internet online stores are short-lived, this one has been around for more than 20 years. This online hobby craft store is enjoying a dedicated, loyal hobbyist customer base with stable profits - now, the owner would like to retire and spend more time with family.
Asking Price
$870,000
Cash flow
$367,571
Revenue
$1,350,000
Down
$1,600,000
Posting: 277815 | Available | 4/11/24
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
$1,600,000
Cash flow
$368,000
Revenue
$1,158,458
Down
Call/Email
Posting: 280651 | Available | 1/16/24
This is a rare opportunity to acquire a renowned and much-loved Los Angeles landmark business. The owners are retiring after 40 successful years. For four decades this marketplace has remained profitable throughout numerous economic cycles.
Asking Price
$399,950
Cash flow
$91,864
Revenue
$280,000
Down
$100,000
Posting: 268762 | Available | 9/29/21
High performance Motorcycle Shop- Dyno-jet tuning, repair and parts business in North County San Diego in busy location. 32 years in business in same location, established clientele'. Turnkey sale with everything needed to continue and grow the business, including $30k in inventory and training by s
Asking Price
$120,000
Cash flow
Break Even
Revenue
$396,000
Down
Cash
Posting: 276887 | Available | 11/14/22
This beer and wine market is located in a nice neighborhood. Plenty of front parking. The current owner has another job and cannot run this business. Used to be a Circle K location. Employee run, absentee owner. Reasonable asking price. Monthly gross: $33,000.
Asking Price
$85,000
Cash flow
$95,000
Revenue
$380,855
Down
$100,000
Posting: 269952 | Available | 6/9/22
Gun Instructions 80%/Bullet Sales 20% for sale in Burlingame All classes are offered 7 days a week. Customers will receive a complete education in firing and safety of firearms. This may be individuals, family members or professionals required to have knowledge of the use and safety of weapons
Asking Price
$175,000
Cash flow
$93,051
Revenue
$354,045
Down
Call/Email
Posting: 271565 | Available | 4/16/24
The presented acquisition opportunity is for a highly reputable shipping, packaging, and mail-box rental store that has been established for 20 years within the high-income community in which it serves. It is trusted for being the 'go to' place for crating items which require extra care.
Asking Price
$340,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 282119 | Available | 8/9/23
Unique Opportunity of multiple retail spaces for lease in a supermarket food court in Little Saigon Orange County. One of the shops available for restaurants 2800-3000 sq ft, has newer full kitchen equipment including a walk-in freezer inside the walk-cooler, a long hood, and more.
Asking Price
Call/Email
Cash flow
$424,565
Revenue
$1,090,904
Down
Call/Email
Posting: 278929 | Available | 4/15/24
This company has been an educational material supplier for over 30 years! They have a diverse product line and high quality of their products. There is very limited competition in this market and schools create a large demand for their products. Gross $1,090,904 Cash Flow $424,565
Asking Price
$1,150,000
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
ServingNationwide - All Areas
I am the Founder Of BizBen.com. I consult daily with intermediaries, business buyers, owner/sellers & advisors daily about buying and selling California small to mid-sized businesses. Contact me today about joining & utilizing BizBen, consultations, & advisory services.
ServingNationwide - All Areas
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
I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a business evaluation & SWOT analysis for your business anywhere in the USA.
ServingNationwide
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
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
A business buyer in the BizBen ProBuy Program asks how to handle the inventory amount in the purchase price of a business. Other questions answered in this article: Do you add the inventory value to the business value? Should the owner be expected to take back a note for the value of the inventory?
Californians who buy smoke shops can enjoy profitability if the businesses are chosen carefully. Despite the anti-smoking movement, enterprises that sell cigarettes, cigars and smoking paraphernalia serve a market that remains substantial. But it's important to understand your purchase options.
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.
This webinar is designed for business buyers, owner/sellers, business brokers, agents, and advisors who can benefit on the latest information and strategies on procuring large SBA loans to buy or sale a "large" small business - typically priced between $500K to $10M. Peter Siegel, MBA is the host.
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.
80% of all California business buyers never end up buying a business! Many factors contribute to this statistic, but by following the points below and utilizing the ProBuy Method of buying a business you should be successful in locating a business that interests you and completing the transaction!
Demonstrating sufficient cash flow to cover a business acquisition loan is key to getting a lender's approval. But buyer must be knowledgeable. Support a business acquisition loan with the target company's cash flow. And know how to determine the actual cash flow amount. Peter Siegel, MBA explains.
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 this month's Business Buyer survey for BizBen.com, we asked participants in our ProBuy Program and 250 other random business buyers what they look for and avoid when looking at a business for sale postings online. Of the 20 potential posting characteristics we asked about, 8 stood out.
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.
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!
There are many myths associated with the process of selling a small business and some of them can actually cause deals to fall through. Don't let your sale be compromised, be aware of these common misconceptions related to the process of selling. Peter Siegel, MBA with BizBen explores this topic.
Only 30% of all small businesses for sale that are put on the market overall are sold! A surprising statistic to most business owners, agents, and brokers trying to sell a small business! If however you follow the strategies (BizBen Protocol Method) in this blog post you should see success!
As an Advisor On BizBen I talk to many California business owners, business buyers, brokers, and agents on a daily basis about valuing California small to mid-sized businesses. Many key factors go into this analysis including market demand, history of earnings, and even how the deal is structured.
One of the most difficult challenges when purchasing a small business is expressed by this prospective buyer of a liquor store who is told by the seller that there is more money being made than shows up on the books. Should the buyer accept that statement by the seller & go ahead with the purchase?
Buyers search for an absentee business, wanting to collect profits generated by a successful enterprise without having to stand at the sales counter or cash register, without having to cook, operate equipment or talk to customers. Peter Siegel, MBA offers his intake on absentee run businesses.
Being an Entrepreneur has its perks, it can also be challenging. You need to make sure you're ready for the challenge. Here's a list of 10 important questions to get you started when buying a business. Peter Siegel, MBA (BizBen Founder) reviews this topic for business buyers of small businesses.
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.
You've found your dream business. You've called/emailed/texted the broker or owner; you've tried to reach out again via phone/email/text. However you're not getting a response and it's getting frustrating. How to get brokers/owners to return your calls/emails/texts - what key strategies to utilize.
Using an earn out can benefit both buyer & seller of a business purchase. A recent question by a buyer in the BizBen ProBuy Program about the best way to structure a business earn out prompted me to ask a panel of BizBen Resources how they would deal with the buyers question on earn out structures.
The latest BizBen.com survey of Business Brokers and Agents outlined what it takes to be a top ten percent performer in the business brokerage industry. From good communication to utilizing your resources, these traits are something to take note of and put into practice to be successful.
You have a strong entrepreneurial spirit. You know you want to be a small business owner. Now what? Do you buy an existing business or start one from scratch? An existing business can save a lot of time and effort. I will share with you some of the advantages of buying an existing business.
Showing your business when selling is one of the most important steps in the sale process & how it is done will greatly affect the selling price. There are two areas to be concerned with, how the business looks & how you react to the prospective buyer.
Should business opportunity offering include the real estate? There are no right or wrong answers to the question about whether the seller of a business should include the real property, or sell the company only and continue on as the landlord/lady. Peter Siegel With BizBen.com explores this issue.
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.
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.
Valuing a small business is not guess work. It's not what some other businesses of the same type may have or may not have been sold for, it's not even what a business owner "feels" they want or deserve. It is a formula based on many factors. Peter Siegel, MBA from BizBen & others discuss this topic.
