Cash flow
$403,371
Revenue
$1,264,609
Down
$1,500,000
Posting: 285940 | Available | 4/23/24
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: 284030 | In Escrow | 4/22/24
For sale is a fully operating boutique motel in the city of Coalinga in Central California - in Fresno County near Highway 198 and Interstate 5. There are twenty-four rooms including the manager's unit. There is a newer roof, dual pane windows + owned solar panels.
Asking Price
$975,000
Cash flow
$72,676
Revenue
$437,092
Down
Call/Email
Posting: 274644 | Available | 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
Call/Email
Revenue
Call / Email
Down
Call/Email
Posting: 279046 | Available | 4/12/24
This turnkey event venue business is located in beautiful California wine country. The business allows for work from home, and is an opportunity for a buyer interested in a lifestyle business! The asking price of $4,250,000 includes the real estate of $4,000,000.
Asking Price
$4,250,000
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
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
$314,812
Revenue
$1,232,808
Down
Call/Email
Posting: 280396 | Available | 2/18/24
For sale is this popular historic (circa 1859) boutique hotel, restaurant & bar with patio dining and including the owner's entirely separate detached 2-bedroom apartment. This is a hotel & restaurant business and a home all in one. The lot size is over 11,500 sq. ft.
Asking Price
$2,300,000
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
$325,139
Revenue
$1,185,220
Down
Call/Email
Posting: 277306 | 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
$1,000,000
Cash flow
$453,042
Revenue
$1,614,539
Down
Call/Email
Posting: 280928 | 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
$1,400,000
Cash flow
$115,000
Revenue
$280,000
Down
$1,300,000
Posting: 284446 | Available | 12/28/23
Discover the potential of this 34-room motel, strategically located on a bustling main street. Featuring easy operations and a value-add proposition, the property includes a building that can be converted into additional rooms.
Asking Price
$1,300,000
Cash flow
$448,442
Revenue
$591,300
Down
$480,000
Posting: 284057 | Available | 11/28/23
This 54-room independent hotel presents a rare investment opportunity, showcasing impressive revenue growth, strategic management approaches, and attractive investment metrics. With a prime location in Kansas, this property is poised for continued success.
Asking Price
$2,400,000
Cash flow
$465,967
Revenue
$1,229,769
Down
$2,900,000
Posting: 283740 | Available | 11/7/23
This newly renovated 75+ room Texas Inn with solid revenue streams is situated on a generous 1.5+ acre plot and offers small and mid-sized investors an affordable entry into a market that's got nowhere to go but up.
Asking Price
$3,999,999
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
$95,000
Revenue
$380,855
Down
$100,000
Posting: 269952 | Available | 6/9/22
Gun Instructions 80%/Bullet Sales 20% for sale in Burlingame All classes are offered 7 days a week. Customers will receive a complete education in firing and safety of firearms. This may be individuals, family members or professionals required to have knowledge of the use and safety of weapons
Asking Price
$175,000
Cash flow
$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
$403,371
Revenue
$1,264,609
Down
$1,500,000
Posting: 285940 | Available | 4/23/24
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
$448,442
Revenue
$591,300
Down
$480,000
Posting: 284057 | Available | 11/28/23
This 54-room independent hotel presents a rare investment opportunity, showcasing impressive revenue growth, strategic management approaches, and attractive investment metrics. With a prime location in Kansas, this property is poised for continued success.
Asking Price
$2,400,000
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
$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
$453,042
Revenue
$1,614,539
Down
Call/Email
Posting: 280928 | 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
$1,400,000
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
$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
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
$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
Cash flow
$115,000
Revenue
$280,000
Down
$1,300,000
Posting: 284446 | Available | 12/28/23
Discover the potential of this 34-room motel, strategically located on a bustling main street. Featuring easy operations and a value-add proposition, the property includes a building that can be converted into additional rooms.
Asking Price
$1,300,000
Cash flow
$325,139
Revenue
$1,185,220
Down
Call/Email
Posting: 277306 | 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
$1,000,000
Cash flow
Call/Email
Revenue
Call / Email
Down
Call/Email
Posting: 279046 | Available | 4/12/24
This turnkey event venue business is located in beautiful California wine country. The business allows for work from home, and is an opportunity for a buyer interested in a lifestyle business! The asking price of $4,250,000 includes the real estate of $4,000,000.
Asking Price
$4,250,000
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
$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: 284030 | In Escrow | 4/22/24
For sale is a fully operating boutique motel in the city of Coalinga in Central California - in Fresno County near Highway 198 and Interstate 5. There are twenty-four rooms including the manager's unit. There is a newer roof, dual pane windows + owned solar panels.
Asking Price
$975,000
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
Cash flow
$465,967
Revenue
$1,229,769
Down
$2,900,000
Posting: 283740 | Available | 11/7/23
This newly renovated 75+ room Texas Inn with solid revenue streams is situated on a generous 1.5+ acre plot and offers small and mid-sized investors an affordable entry into a market that's got nowhere to go but up.
Asking Price
$3,999,999
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
$314,812
Revenue
$1,232,808
Down
Call/Email
Posting: 280396 | Available | 2/18/24
For sale is this popular historic (circa 1859) boutique hotel, restaurant & bar with patio dining and including the owner's entirely separate detached 2-bedroom apartment. This is a hotel & restaurant business and a home all in one. The lot size is over 11,500 sq. ft.
Asking Price
$2,300,000
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
$95,000
Revenue
$380,855
Down
$100,000
Posting: 269952 | Available | 6/9/22
Gun Instructions 80%/Bullet Sales 20% for sale in Burlingame All classes are offered 7 days a week. Customers will receive a complete education in firing and safety of firearms. This may be individuals, family members or professionals required to have knowledge of the use and safety of weapons
Asking Price
$175,000
Cash flow
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
$72,676
Revenue
$437,092
Down
Call/Email
Posting: 274644 | Available | 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
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
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
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
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
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
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
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.
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.
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.
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.
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.
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.
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.
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...
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!
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.
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.
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.
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.
Most owners know that when choosing a broker to help sell your business, it's good to find out about his or her background and maybe get some references of people who've worked with the professional. Before signing a listing agreement, it helps to know these extra things about the business broker.
With the economy in growth mode, many owners of small companies who are ready to retire or invest in another enterprise would be smart to offer their business for sale. But some insist on hanging on as owner just a little bit longer. And that might be a mistake. Three reasons people make this error.
Unlike a traditional brick and mortar business, selling a home business requires more finesse on the part of the seller. You really need to do your due diligence and prepare the business to be sold in order to make it attractive to a buyer. Here are my tips to achieving a successful sale.
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.
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.
Approaching business owners directly to see if they want to sell can sometimes work well for business buyers searching to buy a small business. Another way is to broadcast your search criteria via the BizBen ProBuy Program to all brokers, agents, and intermediaries who are selling a small business.
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.
Despite challenges in the business for sale marketplace, some of the brokers who make a living by facilitating a deal between buyer and seller are known to stand in the way of a completed transaction because of some outdated ideas. Too bad they put greed ahead of the needs of their clients.
The idea to have a buying a business checklist follows the adage that it's always useful to start with a plan when searching to buy a small business for sale. Peter Siegel, MBA Founder of BizBen.com and top advisor of the BizBen ProBuy Program suggests six items for all business buyers to utilize.
The key to finding the ideal business broker or agent and selling a small business is asking the right questions and getting the right answers back! Peter Siegel, MBA with BizBen & several top business brokers and agents in California (ProIntermediaries) contribute to this topic to assist sellers.
Peter Siegel, MBA - BizBen.com & SBALoanAdvisors.com Founder discusses the difference between a hands on owner and an absentee owner. It covers why someone would want to be an absentee owner and then goes on to discuss the pros and cons of buying an absentee run small to mid-sized business.
Peter Siegel, MBA - Lead Advisor with the BizBen.com ProSell Program discusses critical steps to prepare a small to mid-sized business including: which documents will be needed, key advisors to have involved, pricing the business, and how to attract the right business buyers to your listing.
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.
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.
