Cash flow
Call/Email
Revenue
$100,000
Down
$595,000
Posting: 287210 | Available | 7/23/24
This Northern Californian RV and Camping Cabin Park is a California Limited Liability Company and under current ownership for the past 6 years but has been in existence for the past 70 years! Located on the almost 8-acre property are 10 cabins, 16 full RV hookups, 5 dry RV spots, and 6 tent sites.
Asking Price
$595,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286793 | Available | 7/26/24
A 67-unit Days Inn motel is for sale in a great location in Gilroy. The property offers visibility and access from Highway 101 and is situated on a 1.5-acre parcel. The motel features an exterior corridor, a swimming pool, a spa, and a manager's unit.
Asking Price
$8,950,000
Cash flow
$35,000
Revenue
$80,000
Down
$75,000
Posting: 287693 | Available | 7/23/24
The Inventor of the Cosmoarium! Tahoe Star Tours is a Nevada Sole Proprietorship that has been in operation for the last 12 years. It was featured in Conde Nast Traveler, NY Times and Saturday Evening Post.
Asking Price
$125,000
Cash flow
$470,000
Revenue
$3,700,000
Down
Call/Email
Posting: 287354 | Available | 6/28/24
Born from a love of travel to exotic locales, the Seller has found a unique intersection between an exciting and a lucrative business. He has built a unique business that can be a scalable growth company or a lifestyle business. In this case, the Company plans, organizes, and leads dozens of tours.
Asking Price
$1,500,000
Cash flow
$325,139
Revenue
$1,185,220
Down
Call/Email
Posting: 277306 | Available | 6/25/24
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. The business has seen double-digit organic growth since its inception.
Asking Price
$1,000,000
Cash flow
$453,042
Revenue
$1,614,539
Down
Call/Email
Posting: 280928 | Available | 6/25/24
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. The business has seen double-digit organic growth since its inception.
Asking Price
$1,400,000
Cash flow
$403,371
Revenue
$1,264,609
Down
$1,500,000
Posting: 285940 | Available | 6/21/24
This business specializes in providing leisure tours and charters in distinctive vehicles, catering to a niche market. As a lifestyle business, they excel in curating unforgettable experiences for special events in their customers' lives. The job is highly desirable, there is low staff turnover.
Asking Price
$1,500,000
Cash flow
$54,000
Revenue
$216,000
Down
$129,000
Posting: 287098 | Available | 6/13/24
Fun! Plain, and simple. No creative or artistic skills are needed. Painting with a Twist is all about connecting with friends over a glass of wine, your favorite snacks, and a night of laughs. Oh, and you'll also learn how to paint!
Asking Price
$129,000
Cash flow
$420,205
Revenue
$1,175,226
Down
Call/Email
Posting: 287031 | Available | 6/10/24
Whale watching, fishing charters and more on the gorgeous Monterey Bay! If you love the ocean and want to make a living in one of the premiere coastal locations in the USA, this CA Central Coast ocean and marine business may be what you have been dreaming of. Includes 2 excellent boats.
Asking Price
$2,400,000
Cash flow
Call/Email
Revenue
$2,419,000
Down
Call/Email
Posting: 284875 | Available | 6/10/24
Chico Sports LTD in Chico, CA. Price drastically dropped to $646,000 which is Cost of Inventory. Seller now retiring. Premier outdoor store selling to those who find their passion in the mountains, on the water, up a trail, or down a snowy slope. Top brands of apparel and gear.
Asking Price
$646,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286925 | Available | 6/3/24
Located in Ensenada Mexico, The Devil's Gauntlet Pirate Ship is a fully operational Party Boat Tour business geared towards the tourist crowd that bombards Ensenada on a regular basis.
Asking Price
$2,950,000
Cash flow
$72,676
Revenue
$437,092
Down
Call/Email
Posting: 274644 | In Contract | 4/16/24
For sale is a colorful and unique component of Russian River history, The Guerneville 5 & 10. For 73 years, this fun store has served the visitors of this resort destination and the surrounding area. No trip to this beautiful region is complete without visiting this traditional 'Five & Dime store.
Asking Price
$320,000
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
$1,187,000
Revenue
$2,700,000
Down
$10,000,000
Posting: 285936 | Available | 4/2/24
Discover an exclusive off-market hotel investment! With a $16M price tag, this profitable gem has a 7.42% cap rate, NOI growth from $1.085M to $1.187M, and 94 luxurious rooms. Prime location, global brand affiliation. A rare, high-yield opportunity!
Asking Price
$16,000,000
Cash flow
$400,370
Revenue
$1,267,640
Down
$1,500,000
Posting: 285890 | Available | 3/29/24
This business specializes in providing leisure tours and charters in distinctive vehicles, catering to a niche market. As a lifestyle business, they excel in curating unforgettable experiences for special events in their customers' lives.
Asking Price
$1,500,000
Bldg Size
Call / Email
Typical Floor Size
Call / Email
Year Built
Call / Email
Posting: 285215 | Available | 2/16/24
For sale is a hotel franchise in Denver. It has 62 units in the nice, 3-story building. It is on a 1.6-acre lot. It is absentee-run. The annual gross sales are $2 million. The asking price is $8.8 million. Principals only! Contact by email.
Asking Price
8,8 M
Cash flow
$81,145
Revenue
$516,864
Down
Call/Email
Posting: 282850 | Available | 9/15/23
This business is a luxury recreation experience & rental company serving Southern California beaches since 2015. It is a turn-key business in a hot and fast growing space. It was started in Venice Beach, they provide service as far North as Oxnard Shores and as far South as Laguna Beach.
Asking Price
$150,000
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
20%-25% minimum
Posting: 279616 | Available | 3/9/23
Off-Market Hotel properties for Sale in California & out of California. Only serious buyers need to inquire by signing NDA & ready to provide proof of funds.
Asking Price
$10,000,000
Cash flow
$1,445,000
Revenue
$8,218,000
Down
Call / Email
Posting: 275947 | Available | 9/25/22
Founded in 2007, the Company provides best of breed photography workshops for different genres of photography such as landscape, wildlife, cultural, travel, street, documentary, and many more styles, at different locations across the globe covering around 28 countries.
Asking Price
$12,000,000
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
$57,000
Revenue
$740,000
Down
None Given
Posting: 177992 | Available | 4/16/12
*Well established Travel Agency--over 30 years in the Sacramento area. *ARC and IATAN certified. *Sellers of domestic and international airline tickets, cruises, tours, and packages for all destinations, including hotels, cars, custom itineraries and groups. *Galileo/Travelport reservation...
Asking Price
$35,000
Cash flow
Call/Email
Revenue
$100,000
Down
$595,000
Posting: 287210 | Available | 7/23/24
This Northern Californian RV and Camping Cabin Park is a California Limited Liability Company and under current ownership for the past 6 years but has been in existence for the past 70 years! Located on the almost 8-acre property are 10 cabins, 16 full RV hookups, 5 dry RV spots, and 6 tent sites.
Asking Price
$595,000
Cash flow
$470,000
Revenue
$3,700,000
Down
Call/Email
Posting: 287354 | Available | 6/28/24
Born from a love of travel to exotic locales, the Seller has found a unique intersection between an exciting and a lucrative business. He has built a unique business that can be a scalable growth company or a lifestyle business. In this case, the Company plans, organizes, and leads dozens of tours.
Asking Price
$1,500,000
Cash flow
Call/Email
Revenue
$2,419,000
Down
Call/Email
Posting: 284875 | Available | 6/10/24
Chico Sports LTD in Chico, CA. Price drastically dropped to $646,000 which is Cost of Inventory. Seller now retiring. Premier outdoor store selling to those who find their passion in the mountains, on the water, up a trail, or down a snowy slope. Top brands of apparel and gear.
Asking Price
$646,000
Cash flow
Call/Email
Revenue
Call/Email
Down
20%-25% minimum
Posting: 279616 | Available | 3/9/23
Off-Market Hotel properties for Sale in California & out of California. Only serious buyers need to inquire by signing NDA & ready to provide proof of funds.
Asking Price
$10,000,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286793 | Available | 7/26/24
A 67-unit Days Inn motel is for sale in a great location in Gilroy. The property offers visibility and access from Highway 101 and is situated on a 1.5-acre parcel. The motel features an exterior corridor, a swimming pool, a spa, and a manager's unit.
Asking Price
$8,950,000
Cash flow
$403,371
Revenue
$1,264,609
Down
$1,500,000
Posting: 285940 | Available | 6/21/24
This business specializes in providing leisure tours and charters in distinctive vehicles, catering to a niche market. As a lifestyle business, they excel in curating unforgettable experiences for special events in their customers' lives. The job is highly desirable, there is low staff turnover.
Asking Price
$1,500,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286925 | Available | 6/3/24
Located in Ensenada Mexico, The Devil's Gauntlet Pirate Ship is a fully operational Party Boat Tour business geared towards the tourist crowd that bombards Ensenada on a regular basis.
Asking Price
$2,950,000
Cash flow
$453,042
Revenue
$1,614,539
Down
Call/Email
Posting: 280928 | Available | 6/25/24
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. The business has seen double-digit organic growth since its inception.
Asking Price
$1,400,000
Cash flow
$54,000
Revenue
$216,000
Down
$129,000
Posting: 287098 | Available | 6/13/24
Fun! Plain, and simple. No creative or artistic skills are needed. Painting with a Twist is all about connecting with friends over a glass of wine, your favorite snacks, and a night of laughs. Oh, and you'll also learn how to paint!
Asking Price
$129,000
Cash flow
$72,676
Revenue
$437,092
Down
Call/Email
Posting: 274644 | In Contract | 4/16/24
For sale is a colorful and unique component of Russian River history, The Guerneville 5 & 10. For 73 years, this fun store has served the visitors of this resort destination and the surrounding area. No trip to this beautiful region is complete without visiting this traditional 'Five & Dime store.
Asking Price
$320,000
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
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
$1,187,000
Revenue
$2,700,000
Down
$10,000,000
Posting: 285936 | Available | 4/2/24
Discover an exclusive off-market hotel investment! With a $16M price tag, this profitable gem has a 7.42% cap rate, NOI growth from $1.085M to $1.187M, and 94 luxurious rooms. Prime location, global brand affiliation. A rare, high-yield opportunity!
Asking Price
$16,000,000
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
$420,205
Revenue
$1,175,226
Down
Call/Email
Posting: 287031 | Available | 6/10/24
Whale watching, fishing charters and more on the gorgeous Monterey Bay! If you love the ocean and want to make a living in one of the premiere coastal locations in the USA, this CA Central Coast ocean and marine business may be what you have been dreaming of. Includes 2 excellent boats.
Asking Price
$2,400,000
Cash flow
$325,139
Revenue
$1,185,220
Down
Call/Email
Posting: 277306 | Available | 6/25/24
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. The business has seen double-digit organic growth since its inception.
Asking Price
$1,000,000
Cash flow
$57,000
Revenue
$740,000
Down
None Given
Posting: 177992 | Available | 4/16/12
*Well established Travel Agency--over 30 years in the Sacramento area. *ARC and IATAN certified. *Sellers of domestic and international airline tickets, cruises, tours, and packages for all destinations, including hotels, cars, custom itineraries and groups. *Galileo/Travelport reservation...
Asking Price
$35,000
Cash flow
$1,050,000
Revenue
$2,677,478
Down
Call/Email
Posting: 280621 | Available | 5/8/23
Same owner for 36 years. Co. has an exclusive relationship with Uber-Black the luxury ride share Co., along with all other major ride-share apps. They lease vehicles to a team of private drivers. In addition, they service over 1,000 proprietary private loyal customers.
Asking Price
$2,490,000
Cash flow
$1,445,000
Revenue
$8,218,000
Down
Call / Email
Posting: 275947 | Available | 9/25/22
Founded in 2007, the Company provides best of breed photography workshops for different genres of photography such as landscape, wildlife, cultural, travel, street, documentary, and many more styles, at different locations across the globe covering around 28 countries.
Asking Price
$12,000,000
Cash flow
$400,370
Revenue
$1,267,640
Down
$1,500,000
Posting: 285890 | Available | 3/29/24
This business specializes in providing leisure tours and charters in distinctive vehicles, catering to a niche market. As a lifestyle business, they excel in curating unforgettable experiences for special events in their customers' lives.
Asking Price
$1,500,000
Bldg Size
Call / Email
Typical Floor Size
Call / Email
Year Built
Call / Email
Posting: 285215 | Available | 2/16/24
For sale is a hotel franchise in Denver. It has 62 units in the nice, 3-story building. It is on a 1.6-acre lot. It is absentee-run. The annual gross sales are $2 million. The asking price is $8.8 million. Principals only! Contact by email.
Asking Price
8,8 M
Cash flow
$35,000
Revenue
$80,000
Down
$75,000
Posting: 287693 | Available | 7/23/24
The Inventor of the Cosmoarium! Tahoe Star Tours is a Nevada Sole Proprietorship that has been in operation for the last 12 years. It was featured in Conde Nast Traveler, NY Times and Saturday Evening Post.
Asking Price
$125,000
Cash flow
$81,145
Revenue
$516,864
Down
Call/Email
Posting: 282850 | Available | 9/15/23
This business is a luxury recreation experience & rental company serving Southern California beaches since 2015. It is a turn-key business in a hot and fast growing space. It was started in Venice Beach, they provide service as far North as Oxnard Shores and as far South as Laguna Beach.
Asking Price
$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
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
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
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
One avenue that has consistently shown promise and potential for budding entrepreneurs is the world of franchise businesses. Buying a franchise business offers individuals an opportunity to step into a proven business model, benefiting from an established brand, operational framework, and support.
When you are looking to buy a motel, you must do your due diligence. As you know, not all businesses are worth what the owner is asking so it is important that you know what makes a good motel and understand how it should be priced. Here's what you need to know to choose the best motel for sale.
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.
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.
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.
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.
First impressions are critical when selling a business - ask any potential business buyer. Peter Siegel, Founder Of BizBen explains why all potential small business sellers need to make sure that first impression is a good one.
Some entrepreneurs believe it's better to start a business from scratch rather than buy an existing enterprise. While this may be good advice in some cases, usually it's not the best strategy. Here are five tips to help a buyer make the right decision from Peter Siegel, MBA On BizBen.
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 my experience working with the "right banks and financial institutions" repayment ability sometimes overrules collateral pledged by someone needing financing for a business purchase or a down payment. Peter Siegel, MBA - BizBen's ProBuy, ProSell Lead Facilitator explores this important topic.
Should owners who offer a business for sale reveal to prospective buyers any income that is not recorded in the books? This is a controversial topic with arguments both for and against. Most business sales intermediaries believe if you don't pay tax on it, you can't claim it. Some sellers disagree.
Most business acquisition financing strategies involve borrowing money to meet the purchase price. But an entirely different approach, equity sharing, is sometimes pursued if borrowed money is not wanted, or is not available to complete the purchase. Peter Siegel, MBA - BizBen.com covers this topic.
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.
Peter Siegel, MBA discusses buyers who want to buy a business or franchise know about asking the seller to provide part of the financing with a carry-back note. Many business buyers need some cash to help fund the down payment and for working capital. Here are four ideas about how to get that money.
With the multitude of factors that come into play when deciding the appropriate time to inform your employees that your business is for sale, I do not offer a standard or general answer. When sellers consult me as to my opinion on when it is the right time, I like to review the major issues that...
What are actual adjusted net earnings (cash flow) of a small business being purchased with business acquisition SBA Loan financing? That's an important amount that lenders need to know. Peter Siegel, MBA (BizBen.com, SBALoanAdvisors.com Founder) reviews this important concept with BizBen Blog users.
Selling a business is hard enough but using the wrong word, text, and strategy can really delay or outright kill a campaign to sell a small business successfully. Peter Siegel, MBA Founder of BizBen.com shares what words, phrases, and strategies work (and not) when selling a small business online.
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.
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!
Many times when buying a business there are reasons why buying stock or buying assets is the better business decision. We explore these options on the BizBen Blog Post of which option may be better depending on the circumstances of the buyer (and seller) involved in the transaction taking place.
Many business owners fail to maximize their business' value because they don't have a proper strategy in place to do so. Failure to maximize your businesses value will make it harder to attract the most qualified buyers. Have a plan that ensures your business is as attractive & valuable as possible.
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.
It is not uncommon for business Owner/Sellers to get uncomfortable when a potential Buyer requires a SBA loan to purchase the Seller's business. Often times Owner/Sellers will say "the Buyer is the one getting the loan; why am I the one under the microscope?" This blog post addresses this topic.
Depending on the type of business being sold, a month-to-month situation can be severely detrimental to the value of the business. Peter Siegel, MBA Founder of BizBen (and Lead Facilitator at BizBen) explores the issue of month to month leases in this blog/article.
Throughout the recession, it was very difficult to get approved for business purchase financing. If you are considering incorporating some alternative funding sources in your next small business acquisition, here is what you need to know to protect yourself and your investment.
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.
