Cash flow
N/A
Revenue
N/A
Down
$69,000
Posting: 286246 | Available | 4/24/24
Seize the opportunity to acquire a prime location in North Orange County, perfect for continuing with the existing Pho Express or launching a new food concept. Situated in a bustling shopping center on a high-traffic street, this 900 sq ft space offers the ideal setting for culinary innovation.
Asking Price
$69,000
Cash flow
$100,000
Revenue
$620,000
Down
Call/Email
Posting: 285595 | Available | 4/11/24
Gross sales are $660,000 per year. Net income $100,000 per year. Rent is $5,800 per month for 1,300 square feet currently, an absentee owner.
Asking Price
$280,000
Cash flow
$240,000
Revenue
$1,400,000
Down
Call/Email
Posting: 285366 | Available | 4/8/24
Well-established for over 26 years is this Vietnamese & French restaurant located in a busy shopping center on Euclid Street. They current husband & wife owners have many restaurants & bars, but unfortunately the wife has serious health issues and has to sell this restaurant to reduce her stress.
Asking Price
$415,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284710 | Available | 4/5/24
This is an Asian cafe for sale. This cafe is located in busy Chinatown. The size of the cafe is 1,500 sq ft. and rent is $6,600. There's a fully equipped kitchen with 14 feet hood and walk-in cooler. Bring your menu. This is an asset sale since then no financial information will be available.
Asking Price
$149,999
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 280230 | Available | 4/3/24
This is a famous Dalat restaurant near SJSU in Downtown San Jose. It is a remodeled restaurant. There are lots of yummy foods for a lot of regular customers. It is 2,000 sq ft. for up to 70 customers on a big lot size with plenty of free parking.
Asking Price
$49,000
Cash flow
Call/Email
Revenue
Call / Email
Down
Call/Email
Posting: 267875 | Available | 3/17/24
For sale is a branded banh mi shop in the San Francisco Saigon district. They serve sandwiches, baked goods, Vietnamese desserts, coffee/baguettes, and other Asian delights. The shop is part of the Tenderloin district. Little Saigon includes a 2-block stretch of Larkin Street packed with Vietnamese.
Asking Price
$80,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 273152 | Available | 3/17/24
This hidden gem in El Segundo is located in a very nice complex. Two businesses for sale in one address. They serve specialty doughnuts and Korean-style corn dogs, and boba tea. Adjacent to the mochi donuts is the Vietnamese restaurant serving pho and other delicious menu items.
Asking Price
$168,000
Cash flow
$200,000
Revenue
$700,000
Down
Call/Email
Posting: 280956 | Available | 3/17/24
This is a large Asian restaurant for sale in Natomas of Sacramento County. It is located near two major freeways, the Sacramento International Airport, Walmart, In n Out Burger, and Downtown making this area a prime location for visitors and locals.
Asking Price
$399,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282841 | Available | 3/17/24
This is an Asian-inspired dessert shop for sale in Sacramento county. They serve drinks and snacks including authentic Vietnamese Che and coffees, boba milk teas, Pandan waffles and real fruit smoothies. It is located near INTEL, high school, Starbucks and other retailers. Sales are $20,000/month.
Asking Price
$200,000
Cash flow
Call / Email
Revenue
$340,000
Down
Call/Email
Posting: 284139 | Available | 3/17/24
This is a boba tea and snack + pho restaurant for sale in Rocklin shopping plaza shared with Safeway supermarket. The store has an inviting environment and that open-airy feeling. The room is brightly lit and basked in sunlight. The decor is cute but not overdone. It is approximately 1,200 sq ft.
Asking Price
$125,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284192 | Available | 3/13/24
This is a branded boba tea and snack shop for sale in the Little Saigon district in Oakland near Clinton park. They serve milk teas, slushies, iced teas, flavored lemonade, Vietnamese sandwiches, popcorn chicken, snacks, fried squid, and ice cream cones. There is a 7-foot type 1 hood.
Asking Price
$65,000
Cash flow
Call/Email
Revenue
$98,000
Down
Call/Email
Posting: 282306 | Available | 3/13/24
This is a family-owned banh mi shop for sale in downtown Stockton. It is a new addition to downtown Stockton, so this lunch spot is as authentic as it is fresh. Enjoy sandwiches, spring rolls, rice plates, vermicelli, smoothies, and specialty Vietnamese drinks. There is no hood or grease trap.
Asking Price
$65,000
Cash flow
Call/Email
Revenue
$250,000
Down
Call/Email
Posting: 285594 | Available | 3/10/24
This is an established, family-owned Vietnamese restaurant for sale in the San Francisco Financial District. The San Francisco Financial District is where you will find offices for some of our largest businesses such as corporate headquarters, law firms, insurance companies, real estate firms, etc.
Asking Price
$120,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$150,000
Posting: 285444 | In Contract | 3/1/24
For sale is a Vietnamese restaurant in strip center of busy Mira Mesa Blvd. Rent is $4,200 plus NNN by 1,100 sf. The lease has 2 years left, but you may sign a new lease with landlord. There's a fully equipped kitchen type 1 hood, unit cooler/freezer. It is a good location for different concepts.
Asking Price
$150,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 285335 | Available | 2/24/24
For an asset sale is a corner location, free-standing building including a completely remodeled ,5100 square feet space on a 1-acre lot. The property boasts 65 parking spaces and a seating capacity of 200. It was renovated in 2020 with permits. Currently operating as a South East Asian restaurant.
Asking Price
$268,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$150,000
Posting: 284772 | Available | 1/21/24
For sale is a restaurant with beer & wine and a prime location in Towne Center @ Fontana, anchored by many known brand names such as LA Fitness & Costco. This is a great opportunity for restaurateurs to establish their own concept with low set-up costs.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 268159 | Available | 1/18/24
This is a family-owned Vietnamese restaurant for sale in outer Richmond of San Francisco. It is located in a Clement Street neighborhood close to movie theaters, cafes, and restaurants. It is minutes from Golden Gate Bridge and Baker Beach. The lease is $4200. The gross income a month is $27,000.
Asking Price
$75,000
Cash flow
Call/Email
Revenue
$600,000
Down
Cash Only
Posting: 283769 | Available | 1/9/24
For an asset sale is a restaurant that is located close to Cal poly Pomona. It is nicely updated and decorated. It is 1,628 sq ft. and has seating for 24. It is currently serving Vietnamese food but the buyer can change the concept. You must see this location. Rent is $4,750 plus $1,487 NNN.
Asking Price
$55,000
Posting: 282011 | Available | 1/3/24
The owners of these restaurant chain stores are expanding, So they are looking to buy 2 more Asian restaurants to convert to their restaurant, on the East side of Interstate 80, around the Vallejo Costco. There should be a full kitchen and the size of the restaurant shall be around 2,500 sq ft.
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284239 | Available | 12/9/23
For sale is a newly remodeled restaurant at an excellent location in San Jose. They do catering and have an established customer base. It is ideal for a Chinese or Vietnamese Menu. This is the perfect location for the restaurant to thrive on a to-go business plan and has ample space.
Asking Price
$200,000
Cash flow
Call/Email
Revenue
$1,200,000
Down
$350,000
Posting: 283930 | In Escrow | 11/20/23
The average gross sales are $106k a month from the seller's description. The financials only show for serious buyers. A beer & wine permit is included. It has a fully equipped kitchen such as type 1 hood, walk-in cooler, walk-in freezer, and large grease trap of 1,500 gallons.
Asking Price
$350,000
Cash flow
$120,000
Revenue
$760,000
Down
$140,000
Posting: 269809 | Available | 8/29/23
For sale is a Thai restaurant with beer and wine license. This is a good space for a Vietnamese pho restaurant as there is an exclusive lease contract for a pho restaurant in the mall. It is open 6 days a week. They have a 13-year-old history. The store size is 1,600 sq ft. Good rent condition.
Asking Price
$270,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281508 | Available | 8/28/23
This is a family-owned Vietnamese restaurant for sale in San Francisco outer Richmond. This absolute gem in this neighborhood is serving authentic Vietnamese food. It is located in the SF Richmond central on Geary. It is approximately 2,600 sq ft. with 75 seating. The lease amount is $7,500.
Asking Price
$130,000
Cash flow
Call/Email
Revenue
$600,000
Down
Call/Email
Posting: 270374 | Available | 8/28/23
This is an authentic Vietnamese restaurant for sale in Salinas near Walmart, MOD Pizza, Jack in the Box, and other retail establishments. The restaurant was built 3 years ago and converted into a restaurant with a high ceiling and ADA restroom. It is operated by a husband and wife duo.
Asking Price
$200,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 279634 | In Escrow | 8/28/23
This is an authentic Vietnamese restaurant for sale in the Outer Mission/Daly City neighborhood. It is a hidden gem close to highway 280, is the 7-Eleven convenience store. The interior is clean with a nice ambiance with 2 ADA restrooms. There is another ADA entrance for handicapped persons.
Asking Price
$180,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 277139 | Available | 8/28/23
This is an established vegan restaurant for sale in an Antioch shopping center. This is a hidden gem in a strip mall next to a nail salon. The owner serves Thai, Vietnamese, and Chinese cuisines--all plant-based. There are a lot of good reviews on Yelp. The size is approximately 2,000 sq ft.
Asking Price
$135,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 278029 | Available | 8/21/23
These 8 restaurants have been run by employees. These eight restaurants are located in busy areas in Los Angeles County. Five restaurants are freestanding and two are end-caps. These American-style Vietnamese food restaurants are phenomenal.
Asking Price
$1,500,000
Cash flow
$240,000
Revenue
$1,400,000
Down
Call/Email
Posting: 285366 | Available | 4/8/24
Well-established for over 26 years is this Vietnamese & French restaurant located in a busy shopping center on Euclid Street. They current husband & wife owners have many restaurants & bars, but unfortunately the wife has serious health issues and has to sell this restaurant to reduce her stress.
Asking Price
$415,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 285335 | Available | 2/24/24
For an asset sale is a corner location, free-standing building including a completely remodeled ,5100 square feet space on a 1-acre lot. The property boasts 65 parking spaces and a seating capacity of 200. It was renovated in 2020 with permits. Currently operating as a South East Asian restaurant.
Asking Price
$268,000
Cash flow
Call/Email
Revenue
$600,000
Down
Cash Only
Posting: 283769 | Available | 1/9/24
For an asset sale is a restaurant that is located close to Cal poly Pomona. It is nicely updated and decorated. It is 1,628 sq ft. and has seating for 24. It is currently serving Vietnamese food but the buyer can change the concept. You must see this location. Rent is $4,750 plus $1,487 NNN.
Asking Price
$55,000
Cash flow
Call/Email
Revenue
$250,000
Down
Call/Email
Posting: 285594 | Available | 3/10/24
This is an established, family-owned Vietnamese restaurant for sale in the San Francisco Financial District. The San Francisco Financial District is where you will find offices for some of our largest businesses such as corporate headquarters, law firms, insurance companies, real estate firms, etc.
Asking Price
$120,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 280230 | Available | 4/3/24
This is a famous Dalat restaurant near SJSU in Downtown San Jose. It is a remodeled restaurant. There are lots of yummy foods for a lot of regular customers. It is 2,000 sq ft. for up to 70 customers on a big lot size with plenty of free parking.
Asking Price
$49,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284192 | Available | 3/13/24
This is a branded boba tea and snack shop for sale in the Little Saigon district in Oakland near Clinton park. They serve milk teas, slushies, iced teas, flavored lemonade, Vietnamese sandwiches, popcorn chicken, snacks, fried squid, and ice cream cones. There is a 7-foot type 1 hood.
Asking Price
$65,000
Cash flow
Call/Email
Revenue
Call / Email
Down
Call/Email
Posting: 267875 | Available | 3/17/24
For sale is a branded banh mi shop in the San Francisco Saigon district. They serve sandwiches, baked goods, Vietnamese desserts, coffee/baguettes, and other Asian delights. The shop is part of the Tenderloin district. Little Saigon includes a 2-block stretch of Larkin Street packed with Vietnamese.
Asking Price
$80,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 273152 | Available | 3/17/24
This hidden gem in El Segundo is located in a very nice complex. Two businesses for sale in one address. They serve specialty doughnuts and Korean-style corn dogs, and boba tea. Adjacent to the mochi donuts is the Vietnamese restaurant serving pho and other delicious menu items.
Asking Price
$168,000
Cash flow
Call/Email
Revenue
$600,000
Down
Call/Email
Posting: 270374 | Available | 8/28/23
This is an authentic Vietnamese restaurant for sale in Salinas near Walmart, MOD Pizza, Jack in the Box, and other retail establishments. The restaurant was built 3 years ago and converted into a restaurant with a high ceiling and ADA restroom. It is operated by a husband and wife duo.
Asking Price
$200,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 278029 | Available | 8/21/23
These 8 restaurants have been run by employees. These eight restaurants are located in busy areas in Los Angeles County. Five restaurants are freestanding and two are end-caps. These American-style Vietnamese food restaurants are phenomenal.
Asking Price
$1,500,000
Cash flow
N/A
Revenue
N/A
Down
$69,000
Posting: 286246 | Available | 4/24/24
Seize the opportunity to acquire a prime location in North Orange County, perfect for continuing with the existing Pho Express or launching a new food concept. Situated in a bustling shopping center on a high-traffic street, this 900 sq ft space offers the ideal setting for culinary innovation.
Asking Price
$69,000
Cash flow
$120,000
Revenue
$760,000
Down
$140,000
Posting: 269809 | Available | 8/29/23
For sale is a Thai restaurant with beer and wine license. This is a good space for a Vietnamese pho restaurant as there is an exclusive lease contract for a pho restaurant in the mall. It is open 6 days a week. They have a 13-year-old history. The store size is 1,600 sq ft. Good rent condition.
Asking Price
$270,000
Cash flow
Call/Email
Revenue
$98,000
Down
Call/Email
Posting: 282306 | Available | 3/13/24
This is a family-owned banh mi shop for sale in downtown Stockton. It is a new addition to downtown Stockton, so this lunch spot is as authentic as it is fresh. Enjoy sandwiches, spring rolls, rice plates, vermicelli, smoothies, and specialty Vietnamese drinks. There is no hood or grease trap.
Asking Price
$65,000
Cash flow
$100,000
Revenue
$620,000
Down
Call/Email
Posting: 285595 | Available | 4/11/24
Gross sales are $660,000 per year. Net income $100,000 per year. Rent is $5,800 per month for 1,300 square feet currently, an absentee owner.
Asking Price
$280,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 277139 | Available | 8/28/23
This is an established vegan restaurant for sale in an Antioch shopping center. This is a hidden gem in a strip mall next to a nail salon. The owner serves Thai, Vietnamese, and Chinese cuisines--all plant-based. There are a lot of good reviews on Yelp. The size is approximately 2,000 sq ft.
Asking Price
$135,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 268159 | Available | 1/18/24
This is a family-owned Vietnamese restaurant for sale in outer Richmond of San Francisco. It is located in a Clement Street neighborhood close to movie theaters, cafes, and restaurants. It is minutes from Golden Gate Bridge and Baker Beach. The lease is $4200. The gross income a month is $27,000.
Asking Price
$75,000
Cash flow
$200,000
Revenue
$700,000
Down
Call/Email
Posting: 280956 | Available | 3/17/24
This is a large Asian restaurant for sale in Natomas of Sacramento County. It is located near two major freeways, the Sacramento International Airport, Walmart, In n Out Burger, and Downtown making this area a prime location for visitors and locals.
Asking Price
$399,000
Cash flow
Call/Email
Revenue
$1,200,000
Down
$350,000
Posting: 283930 | In Escrow | 11/20/23
The average gross sales are $106k a month from the seller's description. The financials only show for serious buyers. A beer & wine permit is included. It has a fully equipped kitchen such as type 1 hood, walk-in cooler, walk-in freezer, and large grease trap of 1,500 gallons.
Asking Price
$350,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281508 | Available | 8/28/23
This is a family-owned Vietnamese restaurant for sale in San Francisco outer Richmond. This absolute gem in this neighborhood is serving authentic Vietnamese food. It is located in the SF Richmond central on Geary. It is approximately 2,600 sq ft. with 75 seating. The lease amount is $7,500.
Asking Price
$130,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$150,000
Posting: 284772 | Available | 1/21/24
For sale is a restaurant with beer & wine and a prime location in Towne Center @ Fontana, anchored by many known brand names such as LA Fitness & Costco. This is a great opportunity for restaurateurs to establish their own concept with low set-up costs.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282841 | Available | 3/17/24
This is an Asian-inspired dessert shop for sale in Sacramento county. They serve drinks and snacks including authentic Vietnamese Che and coffees, boba milk teas, Pandan waffles and real fruit smoothies. It is located near INTEL, high school, Starbucks and other retailers. Sales are $20,000/month.
Asking Price
$200,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$150,000
Posting: 285444 | In Contract | 3/1/24
For sale is a Vietnamese restaurant in strip center of busy Mira Mesa Blvd. Rent is $4,200 plus NNN by 1,100 sf. The lease has 2 years left, but you may sign a new lease with landlord. There's a fully equipped kitchen type 1 hood, unit cooler/freezer. It is a good location for different concepts.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 279634 | In Escrow | 8/28/23
This is an authentic Vietnamese restaurant for sale in the Outer Mission/Daly City neighborhood. It is a hidden gem close to highway 280, is the 7-Eleven convenience store. The interior is clean with a nice ambiance with 2 ADA restrooms. There is another ADA entrance for handicapped persons.
Asking Price
$180,000
Cash flow
Call / Email
Revenue
$340,000
Down
Call/Email
Posting: 284139 | Available | 3/17/24
This is a boba tea and snack + pho restaurant for sale in Rocklin shopping plaza shared with Safeway supermarket. The store has an inviting environment and that open-airy feeling. The room is brightly lit and basked in sunlight. The decor is cute but not overdone. It is approximately 1,200 sq ft.
Asking Price
$125,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284710 | Available | 4/5/24
This is an Asian cafe for sale. This cafe is located in busy Chinatown. The size of the cafe is 1,500 sq ft. and rent is $6,600. There's a fully equipped kitchen with 14 feet hood and walk-in cooler. Bring your menu. This is an asset sale since then no financial information will be available.
Asking Price
$149,999
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284239 | Available | 12/9/23
For sale is a newly remodeled restaurant at an excellent location in San Jose. They do catering and have an established customer base. It is ideal for a Chinese or Vietnamese Menu. This is the perfect location for the restaurant to thrive on a to-go business plan and has ample space.
Asking Price
$200,000
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
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
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 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
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
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
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
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.
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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.
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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.
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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.
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.
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.
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.
