Cash flow
$74,842
Revenue
$142,544
Down
$125,000
Posting: 280801 | Available | 4/17/24
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
$1,178,996
Revenue
$9,353,623
Down
Call/Email
Posting: 276133 | Available | 4/16/24
The presented opportunity is for one of northern California's most well-established and successful Powersports dealerships, serving the California Powersports community for over 50 years. The business represents several of the most desired brands in the marketplace. Turnkey and semi-absentee.
Asking Price
$3,650,000
Cash flow
$116,000
Revenue
$244,740
Down
Call/Email
Posting: 286108 | Available | 4/12/24
Incredible opportunity awaits to own a successful watersports rental business nestled in one of South OC's most prestigious beach communities.
Asking Price
$295,000
Cash flow
$536,792
Revenue
$2,645,176
Down
Call/Email
Posting: 272590 | Available | 4/11/24
This Northern California-based company is a California Sub-Chapter S Corporation and has been in business for 77 years and under current ownership for the last 25 years, serving the local community with all types of sporting goods needs. Specializing in snowboarding, skateboarding, and more.
Asking Price
$2,499,000
Cash flow
$150,000
Revenue
$675,000
Down
$319,000
Posting: 280606 | Available | 4/11/24
This Northern California-based Physical Therapy Clinic is a California S-Corporation that has been family owned and locally operated for over 30 years. They provide physical therapy, aquatic therapy, senior services, and sports therapy and recovery.
Asking Price
$425,000
Cash flow
$87,163
Revenue
$135,042
Down
Call/Email
Posting: 272375 | Available | 4/9/24
This is a unique opportunity to own an established sporting goods store in Santa Barbara. It is near the beach and a popular campground. Ideal for selling bikes, skateboards & water sports equipment. The store was established in 2004 and has been owned since 2010. The owner wants to retire early.
Asking Price
$89,000
Cash flow
$144,000
Revenue
$360,000
Down
$230,000
Posting: 285338 | Available | 4/6/24
For sale is a golf repair & authorized dealer store with high net income in Long Beach. Business hours are from 10-6pm and Sat 10-4pm. Sunday closed. It is an easy operation. The same owner wants to retire after 36 years operating. Rare opportunity inventory needs to be paid by the buyer separately.
Asking Price
$230,000
Cash flow
$95,000
Revenue
$525,000
Down
Call/Email
Posting: 285993 | Available | 4/4/24
Made In USA! This longtime family-run business manufactures products for motorsports or other vehicle users. Highly efficient operations incorporate computer-aided design work with hands-on quality manufacturing. Well-equipped workshop with extensive list of FF&E.
Asking Price
$450,000
Cash flow
Call/Email
Revenue
$1,300,000
Down
Call/Email
Posting: 281252 | Available | 4/1/24
Sellers estimate approx. 20 million dollars in parts, engines, transmissions, and generators. This business finds & purchases used engines, generators, transmissions, parts etc... for yachts, commercial charters, tugboats, and watersports operators.
Asking Price
$3,500,000
Cash flow
$15,200
Revenue
$79,279
Down
$200,000
Posting: 282804 | Available | 3/26/24
This is a full operational martial arts studio (including ongoing membership contracts) with recurring income from students ready and waiting for their new master. The lease expires October 31, 2024, can be renewed or studio can be re-located.
Asking Price
$200,000
Cash flow
Call/Email
Revenue
$2,419,000
Down
Call/Email
Posting: 284875 | Available | 3/14/24
Price Reduced to $1,180,000 while performance improved! Large outdoor store in a busy and centrally located shopping center selling to those who find their passion in the mountains, on the water, up a trail, or down a snowy slope. It has been in almost 40 years in business.
Asking Price
$1,180,000
Cash flow
Call/Email
Revenue
$122,800
Down
$49,000
Posting: 281181 | Available | 3/7/24
This is a well-known independent gymnastics school offering recreational gymnastics training programs to preschool-age kids with quality standards. It is a member of USA Gymnastics equipped with highly experienced instructors. The school is located in a medium-income area off the 210 freeway.
Asking Price
$49,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284250 | Available | 2/27/24
The next generation of casual cruising. Call it a scooter, call it a cruiser, call it a longboard x BMX hybrid, the Zeeo rides smooth, fast, and stable for riders of all skill levels. There is no other recreational product that delivers on ease of use from the first push like the Zeeo. Its unique.
Asking Price
$199,000
Cash flow
$60,000
Revenue
$150,000
Down
$170,000
Posting: 285358 | Available | 2/26/24
This 30+ years sport eyewear company now ready for a new owner! The business specializes in golf eyewear that many professional and amateur golfers have been using for decades, including PGA and LPGA. The business wholesales to pro shops across the country and sells products online.
Asking Price
$170,000
Cash flow
$206,950
Revenue
$569,260
Down
Call/Email
Posting: 281591 | Available | 1/20/24
This is a unique opportunity to acquire a physical therapy practice in South Bay! The practice offers orthopedic, balance therapy, adolescent orthopedics, geriatric care, and post-op care. The practice is on the first floor and has free, easily accessible parking, less than 10 feet away!
Asking Price
$330,000
Cash flow
$108,000
Revenue
$701,000
Down
Call/Email
Posting: 284701 | Available | 1/16/24
Aquatic Dreams in Modesto is a local scuba diving shop and training center. They have an indoor climate-controlled and heated pool for year-round use. Approximately $450K of inventory is included in the business's asking price. This is a retirement sale.
Asking Price
$500,000
Cash flow
$129,556
Revenue
$1,326,255
Down
$1,295,000
Posting: 284571 | Available | 1/8/24
This celebrated Southern California based high performance sport and work boat manufacturer boasts nearly 60 years of goodwill. The second-generation family-owned company's watercrafts, which are between 20 and 42 feet in length, are fixtures in the professional diving, fishing, surfing, & research.
Asking Price
$1,295,000
Cash flow
Call / Email
Revenue
$1,632,000
Down
All Cash
Posting: 277746 | Available | 1/3/24
This great restaurant and bar is a relaxed, spacious eatery offering pub grub staples plus breakfast, sports on TV, beers & cocktails. Ideally located on a very busy city street, this location provides exceptionally high exposure to vehicular traffic.
Asking Price
$499,000
Cash flow
Call or Email
Revenue
Call/Email
Down
All Cash
Posting: 282174 | Available | 12/21/23
Bait and tackle Shop business for sale in the Fairfield area. Business reports good profit, easy operation, and is a good sized store with a backroom & walk-in freezer too. It has low rent & long lease is available. Inventory is separate.
Asking Price
$239,000
Cash flow
$220,000
Revenue
$1,200,000
Down
Call/Email
Posting: 283335 | Available | 10/12/23
This lacrosse-focused online community wants to capitalize on the continued rapid expansion of lacrosse seeing double-digit annual growth. It is on pace to be the next major US professional sport and be featured in the 2028 Olympics.
Asking Price
$1,000,000
Cash flow
$138,000
Revenue
$2,249,000
Down
Call/Email
Posting: 282791 | Available | 9/11/23
Well Known, #1 Bike Shop in bike-friendly East Bay City - Great potential for further growth. This premier bike shop in the bustling downtown area is a great business opportunity to take advantage of this city's many wonderful attributes.
Asking Price
$574,500
Cash flow
$92,000
Revenue
$242,122
Down
$275,000
Posting: 282649 | Available | 9/5/23
Get Wet Scuba, a well-established and successful business in the scuba diving industry, is now available for sale. With a solid reputation, Get Wet Scuba presents a unique opportunity for an aspiring entrepreneur or an existing company looking to expand its portfolio.
Asking Price
$275,000
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
$187,480
Revenue
$289,257
Down
Call/Email
Posting: 278998 | Available | 5/23/23
This is a unique opportunity to acquire a profitable jet ski repair company in Los Angeles County. The Company provides installation and repair services for jet skis, motorcycles, ATVs, and more. The business has an established reputation for quality service and honest customer care.
Asking Price
$290,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 276243 | Available | 5/2/23
A manufacturer of the most exclusive advanced golf simulation screen system is available. It has a patented design and fully self-contained golf simulators (Trackman, Foresight, and Uneekor Flight). It does custom design and installation, custom screen design, wall and ceiling protection, and more.
Asking Price
$3,250,000
Cash flow
$820,385
Revenue
$1,534,719
Down
Call / Email
Posting: 273978 | Available | 9/13/22
Exceptional turnkey opportunity to own a lifestyle/leisure business in the golf world. Golf nuts around the country have increased the # of rounds during and coming out of the Covid pandemic, and this business has enjoyed great growth prior to, during, and coming out of the Covid pandemic,
Asking Price
Call / Email
Cash flow
$14,200
Revenue
$36,900
Down
Call
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
$74,842
Revenue
$142,544
Down
$125,000
Posting: 280801 | Available | 4/17/24
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 or Email
Revenue
Call/Email
Down
All Cash
Posting: 282174 | Available | 12/21/23
Bait and tackle Shop business for sale in the Fairfield area. Business reports good profit, easy operation, and is a good sized store with a backroom & walk-in freezer too. It has low rent & long lease is available. Inventory is separate.
Asking Price
$239,000
Cash flow
Call / Email
Revenue
$1,632,000
Down
All Cash
Posting: 277746 | Available | 1/3/24
This great restaurant and bar is a relaxed, spacious eatery offering pub grub staples plus breakfast, sports on TV, beers & cocktails. Ideally located on a very busy city street, this location provides exceptionally high exposure to vehicular traffic.
Asking Price
$499,000
Cash flow
$206,950
Revenue
$569,260
Down
Call/Email
Posting: 281591 | Available | 1/20/24
This is a unique opportunity to acquire a physical therapy practice in South Bay! The practice offers orthopedic, balance therapy, adolescent orthopedics, geriatric care, and post-op care. The practice is on the first floor and has free, easily accessible parking, less than 10 feet away!
Asking Price
$330,000
Cash flow
$1,178,996
Revenue
$9,353,623
Down
Call/Email
Posting: 276133 | Available | 4/16/24
The presented opportunity is for one of northern California's most well-established and successful Powersports dealerships, serving the California Powersports community for over 50 years. The business represents several of the most desired brands in the marketplace. Turnkey and semi-absentee.
Asking Price
$3,650,000
Cash flow
$150,000
Revenue
$675,000
Down
$319,000
Posting: 280606 | Available | 4/11/24
This Northern California-based Physical Therapy Clinic is a California S-Corporation that has been family owned and locally operated for over 30 years. They provide physical therapy, aquatic therapy, senior services, and sports therapy and recovery.
Asking Price
$425,000
Cash flow
$92,000
Revenue
$242,122
Down
$275,000
Posting: 282649 | Available | 9/5/23
Get Wet Scuba, a well-established and successful business in the scuba diving industry, is now available for sale. With a solid reputation, Get Wet Scuba presents a unique opportunity for an aspiring entrepreneur or an existing company looking to expand its portfolio.
Asking Price
$275,000
Cash flow
Call/Email
Revenue
$1,300,000
Down
Call/Email
Posting: 281252 | Available | 4/1/24
Sellers estimate approx. 20 million dollars in parts, engines, transmissions, and generators. This business finds & purchases used engines, generators, transmissions, parts etc... for yachts, commercial charters, tugboats, and watersports operators.
Asking Price
$3,500,000
Cash flow
Call/Email
Revenue
$2,419,000
Down
Call/Email
Posting: 284875 | Available | 3/14/24
Price Reduced to $1,180,000 while performance improved! Large outdoor store in a busy and centrally located shopping center selling to those who find their passion in the mountains, on the water, up a trail, or down a snowy slope. It has been in almost 40 years in business.
Asking Price
$1,180,000
Cash flow
Call/Email
Revenue
$122,800
Down
$49,000
Posting: 281181 | Available | 3/7/24
This is a well-known independent gymnastics school offering recreational gymnastics training programs to preschool-age kids with quality standards. It is a member of USA Gymnastics equipped with highly experienced instructors. The school is located in a medium-income area off the 210 freeway.
Asking Price
$49,000
Cash flow
$129,556
Revenue
$1,326,255
Down
$1,295,000
Posting: 284571 | Available | 1/8/24
This celebrated Southern California based high performance sport and work boat manufacturer boasts nearly 60 years of goodwill. The second-generation family-owned company's watercrafts, which are between 20 and 42 feet in length, are fixtures in the professional diving, fishing, surfing, & research.
Asking Price
$1,295,000
Cash flow
$95,000
Revenue
$525,000
Down
Call/Email
Posting: 285993 | Available | 4/4/24
Made In USA! This longtime family-run business manufactures products for motorsports or other vehicle users. Highly efficient operations incorporate computer-aided design work with hands-on quality manufacturing. Well-equipped workshop with extensive list of FF&E.
Asking Price
$450,000
Cash flow
$187,480
Revenue
$289,257
Down
Call/Email
Posting: 278998 | Available | 5/23/23
This is a unique opportunity to acquire a profitable jet ski repair company in Los Angeles County. The Company provides installation and repair services for jet skis, motorcycles, ATVs, and more. The business has an established reputation for quality service and honest customer care.
Asking Price
$290,000
Cash flow
$108,000
Revenue
$701,000
Down
Call/Email
Posting: 284701 | Available | 1/16/24
Aquatic Dreams in Modesto is a local scuba diving shop and training center. They have an indoor climate-controlled and heated pool for year-round use. Approximately $450K of inventory is included in the business's asking price. This is a retirement sale.
Asking Price
$500,000
Cash flow
$87,163
Revenue
$135,042
Down
Call/Email
Posting: 272375 | Available | 4/9/24
This is a unique opportunity to own an established sporting goods store in Santa Barbara. It is near the beach and a popular campground. Ideal for selling bikes, skateboards & water sports equipment. The store was established in 2004 and has been owned since 2010. The owner wants to retire early.
Asking Price
$89,000
Cash flow
$536,792
Revenue
$2,645,176
Down
Call/Email
Posting: 272590 | Available | 4/11/24
This Northern California-based company is a California Sub-Chapter S Corporation and has been in business for 77 years and under current ownership for the last 25 years, serving the local community with all types of sporting goods needs. Specializing in snowboarding, skateboarding, and more.
Asking Price
$2,499,000
Cash flow
$116,000
Revenue
$244,740
Down
Call/Email
Posting: 286108 | Available | 4/12/24
Incredible opportunity awaits to own a successful watersports rental business nestled in one of South OC's most prestigious beach communities.
Asking Price
$295,000
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
Call/Email
Down
Call/Email
Posting: 284250 | Available | 2/27/24
The next generation of casual cruising. Call it a scooter, call it a cruiser, call it a longboard x BMX hybrid, the Zeeo rides smooth, fast, and stable for riders of all skill levels. There is no other recreational product that delivers on ease of use from the first push like the Zeeo. Its unique.
Asking Price
$199,000
Cash flow
$60,000
Revenue
$150,000
Down
$170,000
Posting: 285358 | Available | 2/26/24
This 30+ years sport eyewear company now ready for a new owner! The business specializes in golf eyewear that many professional and amateur golfers have been using for decades, including PGA and LPGA. The business wholesales to pro shops across the country and sells products online.
Asking Price
$170,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 276243 | Available | 5/2/23
A manufacturer of the most exclusive advanced golf simulation screen system is available. It has a patented design and fully self-contained golf simulators (Trackman, Foresight, and Uneekor Flight). It does custom design and installation, custom screen design, wall and ceiling protection, and more.
Asking Price
$3,250,000
Cash flow
$14,200
Revenue
$36,900
Down
Call
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
$138,000
Revenue
$2,249,000
Down
Call/Email
Posting: 282791 | Available | 9/11/23
Well Known, #1 Bike Shop in bike-friendly East Bay City - Great potential for further growth. This premier bike shop in the bustling downtown area is a great business opportunity to take advantage of this city's many wonderful attributes.
Asking Price
$574,500
Cash flow
$220,000
Revenue
$1,200,000
Down
Call/Email
Posting: 283335 | Available | 10/12/23
This lacrosse-focused online community wants to capitalize on the continued rapid expansion of lacrosse seeing double-digit annual growth. It is on pace to be the next major US professional sport and be featured in the 2028 Olympics.
Asking Price
$1,000,000
Cash flow
$15,200
Revenue
$79,279
Down
$200,000
Posting: 282804 | Available | 3/26/24
This is a full operational martial arts studio (including ongoing membership contracts) with recurring income from students ready and waiting for their new master. The lease expires October 31, 2024, can be renewed or studio can be re-located.
Asking Price
$200,000
Cash flow
$144,000
Revenue
$360,000
Down
$230,000
Posting: 285338 | Available | 4/6/24
For sale is a golf repair & authorized dealer store with high net income in Long Beach. Business hours are from 10-6pm and Sat 10-4pm. Sunday closed. It is an easy operation. The same owner wants to retire after 36 years operating. Rare opportunity inventory needs to be paid by the buyer separately.
Asking Price
$230,000
Cash flow
$820,385
Revenue
$1,534,719
Down
Call / Email
Posting: 273978 | Available | 9/13/22
Exceptional turnkey opportunity to own a lifestyle/leisure business in the golf world. Golf nuts around the country have increased the # of rounds during and coming out of the Covid pandemic, and this business has enjoyed great growth prior to, during, and coming out of the Covid pandemic,
Asking Price
Call / Email
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
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
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
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
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.
A business buyer in our ProBuy Program searching to buy a business asked me to sum up what I though the biggest mistakes business buyers make when they search for and bought a small business. I asked ProIntermediaries on BizBen their thoughts on the matter and received a diverse response.
Buying a small to mid-sized business can be a confusing and/or frustrating process for many buyers. Statistics show that over 80% of all buyers never end up buying a business. The ProBuy Program assists potential buyers with the process of finding, evaluating & buying a small to mid-sized business.
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.
