Status: Off The Market
Posting ID: 259249
Call / Email
Asking Price
NOTE: This BizBen Posting #259249 20 Fedex Routes in Tracy, San Joaquin County 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
$391,284
Revenue
$1,384,007
Down
Call/Email
Posting: 285619 | Available | 4/25/24
Well-established and highly profitable FedEx Ground 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
$900,000
Cash flow
$419,076
Revenue
$1,389,987
Down
Call/Email
Posting: 286607 | Available | 5/16/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each business, which is comprised of multiple routes, comes with (1) truck and (1) experienced driver already in place for each route.
Asking Price
$1,550,000
Cash flow
$489,256
Revenue
$1,670,143
Down
Call/Email
Posting: 286512 | Available | 5/10/24
Well-established and highly profitable FedEx Ground 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
$1,000,000
Cash flow
$267,044
Revenue
$946,671
Down
Call/Email
Posting: 281030 | Available | 2/8/24
Well-established and highly profitable FedEx Ground 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
$700,000
Cash flow
$473,344
Revenue
$1,601,784
Down
Call/Email
Posting: 280585 | Available | 2/8/24
Well-established and highly profitable FedEx Ground 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
$1,450,000
Cash flow
$555,005
Revenue
$1,833,352
Down
Call/Email
Posting: 280856 | Available | 2/9/24
Well-established and highly profitable FedEx Ground 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
$2,100,000
Cash flow
$311,090
Revenue
$1,206,855
Down
Call/Email
Posting: 285393 | Available | 4/11/24
Well-established and highly profitable FedEx Ground 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
$925,000
Cash flow
$584,952
Revenue
$2,103,589
Down
Call/Email
Posting: 281321 | Available | 8/2/23
Well-established and highly profitable FedEx Ground 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
$1,950,000
Cash flow
$2,673,790
Revenue
$11,566,788
Down
Call/Email
Posting: 276941 | Available | 4/11/24
This Nevada-based specialized trucking company is a Nevada Limited Liability Company and was established in 1980 as a 1-truck tow company and now has a fleet of over 50 vehicles. They provide heavy haul transportation, excavation removal, asphalt & dirt hauling, water truck usage, and many more.
Asking Price
Call/Email
Cash flow
$462,404
Revenue
$1,829,185
Down
Call/Email
Posting: 283003 | Available | 2/8/24
Well-established and highly profitable FedEx Ground 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
$1,300,000
Cash flow
$396,949
Revenue
$1,600,549
Down
Call/Email
Posting: 285323 | Available | 3/28/24
Well-established and highly profitable FedEx Ground 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
$750,000
Cash flow
$211,836
Revenue
$725,852
Down
Call/Email
Posting: 285676 | Available | 3/15/24
Well-established and highly profitable FedEx Ground 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
$650,000
Cash flow
$582,248
Revenue
$1,934,083
Down
Call/Email
Posting: 286478 | Available | 5/8/24
Well-established and highly profitable FedEx Ground 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
$1,575,000
Cash flow
$360,189
Revenue
$1,257,574
Down
Call/Email
Posting: 285672 | Available | 3/15/24
Well-established and highly profitable FedEx Ground 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
$1,000,000
Cash flow
$329,735
Revenue
$1,124,469
Down
Call/Email
Posting: 280781 | Available | 3/13/24
Well-established and highly profitable FedEx Ground 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
$1,000,000
Cash flow
$200,000
Revenue
$1,046,000
Down
$181,250
Posting: 284627 | Available | 5/14/24
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
$116,254
Revenue
$558,618
Down
Call/Email
Posting: 284161 | Available | 4/25/24
Well-established and highly profitable FedEx Ground 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
$350,000
Cash flow
$277,314
Revenue
$1,110,028
Down
Call/Email
Posting: 285326 | Available | 2/23/24
Well-established and highly profitable FedEx Ground 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
$650,000
Cash flow
$250,000
Revenue
$750,000
Down
All Cash
Posting: 286378 | Available | 5/2/24
This trucking company has been in operation for 25 years, with 30 trucks. In the past five years, it shifted to a smaller business model in preparation for retirement. Currently, it operates with a single truck driven by the owner and reports a net income of $250,000 per year on tax returns.
Asking Price
$125,000
Cash flow
$229,247
Revenue
$862,819
Down
Call/Email
Posting: 283421 | Available | 2/10/24
Well-established and highly profitable FedEx Ground 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
$1,000,000
Cash flow
$344,726
Revenue
$1,166,933
Down
Call/Email
Posting: 276935 | Available | 2/9/24
Well-established and highly profitable FedEx Ground 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
$1,250,000
Cash flow
$235,146
Revenue
$906,675
Down
Call/Email
Posting: 285760 | Available | 3/21/24
Well-established and highly profitable FedEx Ground 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
$700,000
Cash flow
$600,000
Revenue
$2,155,078
Down
Call/Email
Posting: 281813 | Available | 7/27/23
Diesel Service Shop, fully built out with mobile repair and exceptional service.
Asking Price
$3,000,000
Cash flow
$293,613
Revenue
$1,313,659
Down
Call/Email
Posting: 283104 | Available | 2/10/24
Well-established and highly profitable FedEx Ground 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
$650,000
Cash flow
$260,034
Revenue
$950,160
Down
Call/Email
Posting: 281862 | Available | 2/9/24
Well-established and highly profitable FedEx Ground 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
$925,000
Cash flow
$355,012
Revenue
$1,246,100
Down
Call/Email
Posting: 286473 | Available | 5/8/24
Well-established and highly profitable FedEx Ground 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
$1,050,000
Cash flow
$325,688
Revenue
$1,229,907
Down
Call/Email
Posting: 283979 | Available | 2/10/24
Well-established and highly profitable FedEx Ground 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
$1,000,000
Cash flow
$234,186
Revenue
$822,020
Down
Call/Email
Posting: 283974 | Available | 3/14/24
Well-established and highly profitable FedEx Ground 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
$550,000
Total Investment
$200,000
Min Liquid Cash
Call/Email
Net Worth
N/A
Posting: 284296 | Available | 5/14/24
More than just a business opportunity. Own a profitable business in one of the least saturated industries in the country even if you have no experience. The thousands of people who win law suits daily are all your potential customers.
Franchise Fee
Call/Email
Cash flow
$200,524
Revenue
$1,314,394
Down
$285,000
Posting: 285041 | Available | 5/16/24
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
Call/Email
Revenue
$4,500,000
Down
Call/Email
Posting: 285309 | Available | 5/15/24
Situated at a prime corner spot on a bustling main block in Los Angeles, this establishment resonates with rich global influences, creating a unique and inviting atmosphere. Boasting adaptable space accommodating up to 140 guests, the venue features timeless design elements.
Asking Price
$825,000
Cash flow
call/email
Revenue
$1,051,340
Down
$160,000
Posting: 282462 | Available | 5/13/24
A full-service electric contractor 65 years of experience serving Bay Area Customers. With projects ranging from ground-up to design-build, tenant improvements, seismic upgrades, historic renovations, remodeling & more.$30M approx projects pending 2023.12 Vehicles Included
Asking Price
$800,000
Cash flow
Call/Email
Revenue
$960,000
Down
Call/Email
Posting: 286537 | Available | 5/19/24
A rare opportunity exists to own a well-established liquor store with gas, operating on a large commercial-zoned real estate lot with short operating hours. The monthly rent from two rental properties amounts to $6,250.
Asking Price
$2,600,000
Cash flow
$175,000
Revenue
$525,000
Down
$300,000
Posting: 276123 | Available | 5/17/24
Must see a 100% wet cleaning plant located in West Hills near high-income Woodland Hills, Calabasas, and Bell Canyon. This is an 11 year-old, 1,200 sq. ft. plant, including shirt laundry. Most of the equipment is newer. No chemicals -- environmentally safe -- all work done in-house.
Asking Price
$500,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 285637 | Available | 5/18/24
This is a great opportunity to get into the bar business. This establishment has been around for over a decade. The neighborhood bar is located in a vibrant setting surrounded by multiple restaurants and other bars. This bar is known for creative and fun cocktails. A local iconic spot with regulars.
Asking Price
$399,999
Cash flow
$74,842
Revenue
$142,544
Down
$125,000
Posting: 280801 | Available | 5/15/24
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
$131,973
Revenue
$276,507
Down
$260,000
Posting: 285719 | Available | 5/18/24
This burgeoning Encino eatery is the quintessential 5-day deli opportunity that boasts solid earnings despite its abbreviated operating hours. The venue, which is known for its high foot traffic location and inviting atmosphere, provides a cozy space.
Asking Price
$225,000
Cash flow
$219,950
Revenue
$219,950
Down
$2,900,000
Posting: 283295 | Available | 5/19/24
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
Call/Email
Down
Call/Email
Posting: 283258 | Available | 3/25/24
For sale is a Chevron station (business only) exclusively offered by ICOA. It pumps 133,000/m (gas & diesel) at 60 ct and the snack shop is doing $30-35K/m (mostly cigarettes), so it has a high net profit. Rent is just over $19,000 (including CAM charges).
Asking Price
$1,600,000
Cash flow
$135,652
Revenue
$1,156,325
Down
Call/Email
Posting: 280676 | Available | 5/11/23
Retail Pharmacy in Westwood, near UCLA. Established in 1989. All major insurance contracts. Steady Revenue, the seller is retiring and motivated.
Asking Price
$385,000
Cash flow
$12,000
Revenue
$660,000
Down
$45
Posting: 278160 | Available | 2/3/24
This is a great beer & wine market for sale in a good neighborhood near the city of La Mirada. The asking price is $259,000. The gross sales are $55,000 per month and the rent is $2,600 per month.
Asking Price
$259,000
Cash flow
Call/Email
Revenue
$1,200,000
Down
Call/Email
Posting: 286495 | Available | 5/9/24
For sale is a grand scale, high volume, profitable Chinese restaurant that operates within a 6,000 square foot standalone building with super low rent.
Asking Price
$1,200,000
Cash flow
$151,000
Revenue
$423,000
Down
Call/Email
Posting: 279784 | Available | 1/24/24
This profitable, top-ranked residential plumbing company has been in SFV for over 30 years! Recommended by the city of Burbank in local area moms' clubs, and it has 100's of satisfied and active customers. It is home based, owner operated all tools and supplies including truck included in the sale.
Asking Price
$310,000
Cash flow
$306,000
Revenue
$2,349,716
Down
Call/Email
Posting: 279865 | Available | 7/26/23
This restaurant is located in a residential neighborhood of the east-central region of Los Angeles, northwest of downtown, bordered by Silver Lake to the west and Chinatown to the east boasting annual profits of $306,000. It has a menu full of American and European.
Asking Price
$750,000
Cash flow
$48,000
Revenue
$144,000
Down
Call/Email
Posting: 285156 | Available | 5/18/24
This is a mini-grocery market for sale as-is in Los Angeles County. The size is about 2,000 sq ft. The amount of rent is $1,300 per month. It is home-based. The asking price is $54,900 plus inventory. There is no beer or wine.
Asking Price
$54,900
Cash flow
$120,000
Revenue
$780,000
Down
Call/Email
Posting: 285983 | Available | 4/4/24
Here is a wonderful drive-thru beer market that has great potential and is at a good location in Los Angeles County. If any prospective buyer has experience or owns the same kind of business, this would be much better for them. Monthly sales are about $65,000.
Asking Price
$269,000
Cash flow
$216,000
Revenue
Call/Email
Down
$1,000,000
Posting: 272207 | Available | 9/7/23
For sale is an Italian restaurant with property and rental income from Subway. The building was built in 2007 with a beer and wine license in Los Angeles county. The lot size is 6,350 sq ft. The store size is 1,700 sq ft. The other store is 1,367 sq. ft. (national franchise store, Subway).
Asking Price
$3,250,000
Cash flow
Call/Email
Revenue
$650,000
Down
Call/Email
Posting: 286564 | Available | 5/14/24
For sale is a popular and delicious wings & beer restaurant with an ABC license included. It is easy to run as it is absentee. This is a great franchise opportunity with additional territories also available. It is only a 7% royalty.
Asking Price
$399,000
Cash flow
$168,000
Revenue
$840,000
Down
$320,000
Posting: 286226 | Available | 4/22/24
Due to the owner's move to another state, there is a quick sale. Consequently, the price has been reduced to $320,000, which includes an inventory valued at $70,000. The lease term is for 4+5 years with a rent of $6,000, including NNN. The estimated net operating profit (NOP) exceeds $14,000.
Asking Price
$320,000
Cash flow
$336,000
Revenue
$11,400,000
Down
$450,000
Posting: 285765 | Available | 4/22/24
The liquor store with extra income and very low rent at $2,805 gross lease with new 5years plus (1) five year option. The rent increase 3% each year on it. No competition near by it. Mostly all Hispanic customers and great net income after all expenses $25,000 to $30,000 per month.
Asking Price
$1,050,000
Cash flow
Call / Email
Revenue
$1,600,000
Down
Call / Email
Posting: 273967 | Available | 6/27/22
This store sales liquor store with property for sale in Los Angeles, CA. This building is a free standing with big parking lot. Monthly sales revenue is around $135,000.The Lottery income is over 50,000/year. Asking price is $2.35million. All of this information was given by the seller.
Asking Price
$2,350,000
Cash flow
$30,653
Revenue
$1,943,524
Down
$525,000
Posting: 286430 | Available | 5/6/24
This bar with a full kitchen is located in the greater Santa Monica area. The bar is widely considered to be the best in the area and is known for its menu offerings and convivial atmosphere.
Asking Price
$525,000
Cash flow
Call/Email
Revenue
$1,000,000
Down
Call/Email
Posting: 286010 | Available | 4/5/24
Japanese restaurant with Beer & Wine license in Torrance for Asset Sale. Price: $450,000 Size: 2,600sf plus 400sf patio. Seating: 48+ inside & 18+ outside Rent: $10,557 included NNN/mo. Lease: 3 years plus 5 years option or new long term Lease License: Beer & Wine 2 Kitchen hoods & grease trap
Asking Price
$450,000
Cash flow
N/A
Revenue
N/A
Down
$225,000
Posting: 284291 | Available | 4/30/24
This well-established liquor store, operating for over 35 years, is situated in a prime location on a busy boulevard in Los Angeles County. It currently runs as an absentee operation with the assistance of two employees. This is an asset sale.
Asking Price
$225,000
Cash flow
$100,000
Revenue
$650,000
Down
$80,000
Posting: 285767 | Available | 4/18/24
This convenience market, resembling a 7-11 style, has been owned by the seller for 16 years. With an average gross sales of $55,000 per month, it boasts a 35% margin, making it easy to run. The store, spanning 1,620 square feet, excludes meat and produce. Stable Revenues.
Asking Price
$145,000
Cash flow
$4,000,000
Revenue
$12,000,000
Down
Call / Email
Posting: 275498 | Available | 9/13/22
Founded in 2008, the Company is a custom software development company that designs, builds, and maintains mobile and web app designs for their clients. They build innovative digital products that put the user first across a multitude of different industries including healthcare, hospitality, etc.
Asking Price
$20,000,000
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
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
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
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
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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.
A problem owners encounter when offering a California business for sale is that not all so-called buyers are qualified to make the purchase. It's frustrating and costly to waste time showing non-qualified buyers the business. Here are ways to identify time wasters so the focus is on real buyers.
Each day, more than 10,000 Baby Boomers turn 62. Around this age, Americans, many of which are small business owners, start to think about their exit strategy from the workforce. For a small business owner, the process can be complex and their decision to retire has an impact on many others.
Looking to buy restaurant businesses? Check out these tips first to avoid getting blindsided when you buy restaurants. Peter Siegel, MBA with BizBen.com discusses this topic.
People think of recycling and think of a facility that recycles trash. While this is true a large facility is expensive to open and operate. With that said, in this post, I will focus on 3 small business opportunities in the recycling industry that are more manageable for the average entrepreneur.
Many California small business investors want to buy a restaurant. People always need to eat; there should be plenty of business. And some buyers think there is prestige to owning a popular eating establishment. But it isn't an easy purchase. Here's what not to do when planning to buy a restaurant.
Any deal when selling a business tends to have a life of its own. Joe Ranieri discusses a restaurant deal in Orange County that has had many twists and turns. This article shows what types of issues can and do come up when selling a business or in this case a restaurant.
Start-up costs are typically so high to build a restaurant from scratch that many current owners prefer to look for an existing restaurant that isn't doing so well and customize it as their own - second location. Joe Ranieri gives tips to restaurant owners buying a second location to expand.
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.
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.
The restaurant business is a tough business to be in, no one can dispute that, and so it's imperative that an owner's equipment is in good working condition. A new owner should make sure that the restaurant's equipment is in good working order before they close escrow. We discuss this topic.
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 seasonal small business restaurant can be challenging, but Joe Ranieri a business broker restaurant specialist and others in this BizBen Discussion review multiple ways to offset these factors and still get the most from buying and operating a small to mid-sized seasonal restaurant.
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.
What are some reasons a business that was previously on the market with another broker didn't sell? Every broker or agent understands that not every business they list will result in a sale. There can be many reasons small businesses don't sell and many are discussed on this BizBen Discussion post.
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.
My restaurant recently upgraded its beer with wine license to a full-service liquor license, and if I sell, how much can that increase my selling price? A Southern California restaurant broker specialist initiates this discussion and other advisors, business brokers, agents weigh in on 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.
Butcher shops, once a vestige, are increasingly becoming popular again in many metropolitan and suburban cities. In this Discussion Post on BizBen, Joe Ranieri (Orange County & LA County Business Broker) discusses various issues of buying a butcher shop and what that entails for business buyers.
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.
Can a seller of a small business back out of an ongoing escrow? Probably, yes, it all depends how far along the escrow is, which will dictate how messy things will get for both owner & buyer. Joe Ranieri (Southern California Business Broker) gives his feedback with others on this BizBen Discussion.
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.
Changing hands of business ownership can seem both exciting and daunting to all parties involved, but it's important that a smooth transition occurs to maintain or achieve success of the business. Here are some tips I recommend ensuring things go smoothly when buying a California small business.
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.
Should small business owners/sellers or brokers/agents give potential buyers direct access to past company tax returns and financials (profit & loss statements) either before or pre the due diligence process? Multiple ProIntermediaries and ProAdvisors discuss this topic on this BizBen Discussion.
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.
Overpricing is the number one mistake sellers and their brokers make when putting businesses on the market. Even profitable, well-managed businesses can get buried under a bad number. Brian Loring (Los Angeles County Business Broker) discusses "the tangible trap" and how to avoid it when selling.
A huge part of any exit strategy is properly planning for that moment in time when employees find out the business is for sale or, preferably, has been sold. Your workers have been kept in the dark for as long as possible. Some won't be a bit surprised. Others may be devastated.
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.
