Status: Off The Market
Posting ID: 280357
Call / Email
Asking Price
NOTE: This BizBen Posting #280357 Well Established Psychiatry Practice Opportunity in Los Angeles is currently INACTIVE Today (Either: It's In Escrow, It's Sold, or Is Off The Market Temporarily) - Please See Today's ACTIVE Postings below that match this posting's attributes. For your convenience there are also helpful links below to assist you in your search to buy or sell a small to mid-sized business that matches your criteria. Thank you for using BizBen.com.
Attributes:
Cash flow
$192,000
Revenue
$635,000
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Posting: 285953 | Available | 7/26/24
Established almost 30 years ago, this gynecology medical office is a leader in women's reproductive health, offering specialized care in Integrative & Functional Medicine. With a stellar reputation, it offers a perfect opportunity for a CA-licensed obstetrician/gynecologist.
Asking Price
$350,000
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Posting: 284070 | Available | 5/10/24
Here's your chance to acquire a thriving Home Health Agency in Los Angeles, California. With impressive revenue figures, full Medicare census, prestigious contracts, and accreditation, this agency is primed for success.
Asking Price
$1,800,000
Cash flow
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Revenue
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$50,000
Posting: 285040 | In Contract | 3/14/24
We have an amazing opportunity to acquire a low cost ($50,000) fully licensed home health agency located in Burbank (Los Angeles County). The seller is in the healthcare industry, and she had initially intended to operate this agency but is now selling it.
Asking Price
$50,000
Cash flow
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Posting: 287265 | Available | 6/23/24
For sale is a hospice with a provider. The license is over five years old, and the provider has been active for over thirty-six months. Recertification with ACHC has been completed.
Asking Price
$4,000,000
Cash flow
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Revenue
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Down
$350,000
Posting: 287062 | Available | 6/12/24
We have a business opportunity to acquire an accredited hospice agency in the City of Palmdale (Los Angeles County). What makes this agency unique? (1) it is past its 36-year rule mandate (42 CFR ; 424.550); (2) it is past its 5-year licensing rule (AB 2673). Price negotiable!
Asking Price
$350,000
Cash flow
N/A
Revenue
N/A
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Posting: 287616 | Available | 7/25/24
Established and operational Hospice Care Agency for sale located in the city of Glendale, CA. CDPH licensed and fully accredited by JACHO (Joint Commission). Provider number (PTAN) was issued in May 2022. Located in the Downtown district of Glendale, CA.
Asking Price
$349,000
Cash flow
Call/Email
Revenue
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Down
$45,000
Posting: 284732 | Available | 3/14/24
We have a licensed home health agency ready to be taken through the accreditation phase of the home health process. The seller recently opted to reduce the price. The agency is located in North Hollywood (LA County) with the initial licensing date being June of 2023.
Asking Price
$45,000
Cash flow
$514,000
Revenue
$790,000
Down
$600,000
Posting: 268831 | Available | 7/16/24
Over three decades in business, this medical practice has over 4,600 chars and a great reputation. Its current location has been in a larger medical building since 2014. It has 3 exam rooms, 2 consultation rooms, one EKG room, and one procedure room. The lease lasts until June 2024.
Asking Price
$1,200,000
Cash flow
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Revenue
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Posting: 278899 | Available | 3/14/24
We have a skilled home health agency that is licensed and accredited that is currently operational and billing with no billing issues. This agency is located in Burbank (Los Angeles County) having received its CDPH License in August 2019 and its ACHC accreditation on June 2020.
Asking Price
$235,000
Cash flow
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Revenue
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Posting: 287180 | Available | 6/19/24
For sale is a brand new Hospice Agency located in the neighborhood of Pasadena, Los Angeles County: Health Department licensed (CDPH License), ACHC accredited, The provider number (PTAN) is in hands and ready for billing! Asking price - $400,000.
Asking Price
$400,000
Cash flow
$27,568
Revenue
$157,650
Down
$255,250
Posting: 281165 | Available | 12/23/23
This is an excellent opportunity to obtain a working Home Health Care Agency in the Glendale/Burbank area of San Fernando Valley of Los Angeles County. DHS License and ACHC accredited Medicare Provider License and CDPH license. According to the seller, the Agency was established 3 years ago.
Asking Price
$255,250
Cash flow
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Revenue
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Posting: 286953 | Available | 7/16/24
New home health agency that is licensed and accredited that is ready to bill with no billing issues. This agency is located in Glendale (Los Angeles County) having received its CDPH License in August 2021 and its ACHC accreditation on March 2024.
Asking Price
$140,000
Cash flow
$520,000
Revenue
$1,800,000
Down
$1,250,000
Posting: 287648 | Available | 7/20/24
If you are looking for a skilled home health agency that has managed care contracts in place where referrals come to you versus you having to search for referrals, we have an excellent opportunity for you to enter the skilled home health space.
Asking Price
$1,250,000
Cash flow
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Revenue
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Down
$250,000
Posting: 283043 | Available | 3/14/24
If you are looking for an operating clean skilled home health agency that is past its 36-month rule criteria, our Tarzana-based agency (Los Angeles County) is a perfect fit. The agency is currently being run by an experienced healthcare team that for licensing purposes has kept a 2 patient census.
Asking Price
$250,000
Cash flow
N/A
Revenue
N/A
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Posting: 287142 | Available | 6/18/24
By owner, a brand new Home Health Agency is for sale and ready to operate. Agency includes, CDPH license issued on 7/2022, ACHC accreditation issued on 8/2023, Medicare PTAN enrollment with effective date on 8/2023. Furnished 2-room office is located in a clean, well maintained office.
Asking Price
$160,000
Cash flow
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Revenue
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Posting: 284809 | Available | 1/23/24
This rehabilitation center focuses on aiding individuals in overcoming alcohol and drug addiction. They offer personalized treatment plans, counseling services, and various therapeutic activities within a supportive and structured environment, emphasizing holistic healing and sustained recovery.
Asking Price
$250,000
Cash flow
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Revenue
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Posting: 285522 | Available | 5/2/24
For sale is a hospice agency located in the San Fernando Valley Area, Los Angeles County. It is Health Department licensed (CDPH License). It was originally licensed in 2020 and it is Joint Commission Accredited.
Asking Price
$350,000
Cash flow
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Revenue
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Posting: 287207 | Available | 6/20/24
For sale is a brand new DHS hospice license that has never been operated. It can be relocated, and 100% of the shares can be transferred to the new owner. The GSA includes the following counties: LA, Ventura, San Bernardino, Riverside, and Orange County.
Asking Price
$300,000
Cash flow
N/A
Revenue
N/A
Down
$150,000
Posting: 279586 | Available | 6/25/24
Home Health Care Agency-Brand New-Never Operated-Fully Licensed By CDPHS-Accredited By ACHC-Medicare Provider In Place-Ready To Bill -Licensed To Do Business In 5 different counties (LA-Orange-Ventura-Sun Bernardino-Riverside)-Relocatable.
Asking Price
$150,000
Cash flow
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Revenue
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Down
$180,000
Posting: 285054 | Available | 3/14/24
Are you ready to take the reigns of a ready to bill skilled home health agency in Pasadena, California (Los Angeles County)? Look no further! Situated in the heart of Pasadena, this well-established home health business enjoys proximity to renowned healthcare facilities and a vibrant community.
Asking Price
$180,000
Cash flow
N/A
Revenue
N/A
Down
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Posting: 279595 | Available | 3/14/24
We have an Accreditation Commission for Health Care (ACHC) home health agency ready to bill. The agency was begun in December 2018 and it received its initial CDPH (California Department of Public Health) license in August 2019.
Asking Price
$220,000
Cash flow
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Revenue
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Posting: 283213 | Available | 6/19/24
For sale is a brand new Home Health Agency located in the neighborhood of Van Nuys, Los Angeles County. The asking price is $145,000. It is Health Department licensed (CDPH License) and is ACHC accredited, The provider number (PTAN) is in hands and ready for billing! The tie-in notice is ready.
Asking Price
$145,000
Cash flow
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Revenue
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Down
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Posting: 286643 | Available | 7/24/24
For sale is an established and operational outpatient hospice care agency for sale located in Van Nuys/ North Hollywood, CA accredited by JACHO (Joint Commission) with triannual survey recently passed in May of 2024, so it is good for 3 years. Medicare/Medi-cal provider in good standing.
Asking Price
$500,000
Cash flow
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Revenue
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Down
$190,000
Posting: 286365 | Available | 5/1/24
The Home Health Care Agency has been in operation for 4.5 years, with current accreditation from the California Department of Public Health and ACHC. The agency holds Medicare and Medi-Cal provider numbers, demonstrating its compliance with healthcare standards.
Asking Price
$190,000
Cash flow
$234,610
Revenue
$380,319
Down
$600,000
Posting: 285592 | Available | 3/9/24
An amazing opportunity to work with and to acquire a turn-key professional hand therapy clinic located in a prime location with a complete book of business. Our seller is a licensed Occupational Therapist who is a Certified in Hand Therapy (CHT).
Asking Price
$600,000
Cash flow
Call/Email
Revenue
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Down
$30,000
Posting: 285511 | Available | 3/5/24
Low price! This is an opportunity to purchase a Home Health Agency in the city of Santa Clarita. What makes this agency unique? This agency allows the buyer the opportunity to bypass the wait time and initial capital expenditure in starting an agency from scratch. This agency is not accredited.
Asking Price
$30,000
Cash flow
Call / Email
Revenue
$1,000,000
Down
$248,000
Posting: 285939 | Available | 5/14/24
This home health care agency is well-established, real turnkey, fully licensed and accredited, and can operate in several different counties. The agency has several contracts with insurance companies and professional medical staff will remain & work for new ownership.
Asking Price
$248,000
Cash flow
$535,000
Revenue
$2,300,000
Down
$1,400,000
Posting: 285779 | In Contract | 3/21/24
We have an excellent opportunity to acquire an existing legacy Joint Commission accredited and operating home health agency located in Los Angeles County. This agency is a perfect fit for anyone looking to scale their current operation or those looking at entering the home health market.
Asking Price
$1,400,000
Cash flow
N/A
Revenue
N/A
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Posting: 283934 | Available | 7/20/24
Price reduced! This attractive cafe-deli in North County Coastal Area is now available for an asset sale at $40,000 plus inventory. The 1,840 sq ft. space, complete with a patio, offers a great opportunity in a thriving business park. The monthly rent is $3,100.
Asking Price
$40,000
Cash flow
$1,200,000
Revenue
$1,140,000
Down
$550,000
Posting: 286780 | Available | 7/24/24
It is located between downtown LA and Koreatown, the biggest advantage is that there is no competition, so profits and net income are very high. The cost of rent is $2,805 for 2,600 sq ft. + basement. (additional reason why profits are high). It is a relatively safe place.
Asking Price
$1,050,000
Cash flow
$325,000
Revenue
$500,000
Down
$1,285,000
Posting: 281972 | Available | 7/23/24
This Northern California-based window and door screen manufacturer and installer is a California Sole Proprietorship and was formed 14 years ago and has been under the same ownership since inception. The seller possesses a C61 Limited Specialty License D-52 Window Coverings.
Asking Price
$1,285,000
Cash flow
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Revenue
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Posting: 285056 | In Escrow | 7/25/24
Experience the epitome of elegance and refinement at our renowned establishment, where breathtaking views, exquisite dining, and a romantic ambiance converge to create an unparalleled dining experience. It is recognized as the Inland Empire's premier destination for romance and ambiance.
Asking Price
$2,500,000
Cash flow
$180,000
Revenue
$550,000
Down
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Posting: 274482 | Available | 7/20/24
Top brand blinds, shades, shutters, etc retail. Easy to operate profitable and potential business even without advertisements or marketing. Ideal location on a high-traffic major street and the hub of Silicon Valley. Increasing sales yearly with many repeat & new customers. Price was lowered.
Asking Price
$200,000
Cash flow
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Revenue
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Posting: 286916 | Available | 7/20/24
For sale is a Pomona hand car wash, a full-service 100% hand car wash. It is at a great location, situated less than 1/2 mile from a major off-ramp of the 10 freeway. This is the favorite place for car lovers to wash their vehicles.
Asking Price
$749,000
Cash flow
$316,390
Revenue
$2,406,911
Down
$636,750
Posting: 285715 | Available | 7/24/24
This Northern California based concrete polishing, water proofing and coating company is a California Sub-Chapter S Corporation that has been in operation for the past 21 years, under the ownership of the founder. This is an absentee owner business.
Asking Price
$849,000
Cash flow
N/A
Revenue
N/A
Down
Cash Only
Posting: 287355 | Available | 7/25/24
For sale is a Rest-Fast Food franchise in an excellent location in West Los Angeles. This "New Concept Asset Sale" features a 1,000 square foot space with a fully equipped kitchen and POS system. It is situated in a busy shopping center at the intersection of a main thoroughfare. NEW PRICE $125k
Asking Price
$125,000
Cash flow
Call/Email
Revenue
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Down
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Posting: 278573 | Available | 7/20/24
For sale is an established agency in Aiken County South Carolina with a great business climate. The agency has an excellent retention ratio of 90% + and a very profitable loss ratio. The agency consists of preferred auto/homeowners with a great opportunity to grow in cross-sales.
Asking Price
$833,000
Cash flow
$40,450
Revenue
$506,249
Down
$100,000
Posting: 286130 | Available | 7/22/24
Asset Sale Opportunity: Unlock the door to your culinary dreams with this enticing opportunity! Nestled in the heart of Sacramento this charming restaurant is now available for acquisition. Boasting a warm ambiance and a reputation for exquisite cuisine.
Asking Price
$100,000
Cash flow
$590,250
Revenue
$1,900,000
Down
$3,250,000
Posting: 287327 | Available | 7/24/24
This two location Northern California based Montessori School is a California Sub-Chapter S Corporation that has been in operation for the past 33 years. They have two separate locations, each owned by the Seller and service from 18 months old to 6 years old.
Asking Price
$6,500,000
Cash flow
$219,950
Revenue
$219,950
Down
$2,900,000
Posting: 283295 | Available | 7/20/24
This Silverlake restaurant and bar with liquor, onsite parking, and excellent street visibility boasts what may arguably be the most coveted outdoor patio in the area. The venue has 3 dining areas that open into an adjacent bar and outdoor patio. The corner property is included!
Asking Price
$2,900,000
Cash flow
$120,000
Revenue
$468,000
Down
$20,000
Posting: 287325 | Available | 7/21/24
Are you ready to step into a thriving educational business with over two decades of excellence? This highly successful preschool and daycare in El Dorado County could be yours!
Asking Price
$400,000
Cash flow
$366,458
Revenue
$1,630,397
Down
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Posting: 287415 | Available | 7/23/24
Great opportunity to own an short hours, well established, high visibility, Beer & Wine Market with large Commercial zoned Real Estate Lot.
Asking Price
$3,000,000
Cash flow
$236,000
Revenue
$2,296,440
Down
$800,000
Posting: 287179 | Available | 7/25/24
These two Wienerschnitzel / Tastee Freez Franchise restaurants are for sale as a package for $710K. Each restaurant includes both drive-thru and inside dining. The two Buildings are listed separately for $1,680,000. The total cost of the buildings and the restaurants is $2,390,000.
Asking Price
$2,390,000
Cash flow
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Revenue
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Down
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Posting: 285746 | Available | 7/25/24
A dog grooming shop, established in 1968 with the same owner, is located in an upscale neighborhood with a lot of foot traffic and Mountain View. This fully remodeled salon offers full-service grooming for dogs and cats. The shop spans 1,250 sq ft.
Asking Price
$125,000
Cash flow
$1,500,000
Revenue
$2,600,000
Down
$7,000,000
Posting: 286210 | Available | 7/23/24
This Northern Californian Towing and Storage Company is a Californian Limited Liability Company that has been in business for the past 32 years under the same ownership. They operate out of one main location with 3 storage facilities and provide full-service towing capabilities.
Asking Price
$7,000,000
Cash flow
On Request
Revenue
$600,000
Down
$1,035,000
Posting: 283793 | Available | 7/23/24
This California based two location Cafe 1/2 business is in prominent areas of Southern California and was started 11 years ago with one location. The other location is practically brand new, starting just over one year ago. Specializing in European fare crepes, sandwiches, salads, and pastries.
Asking Price
$1,035,000
Cash flow
$145,000
Revenue
$550,000
Down
$20
Posting: 287440 | Available | 7/24/24
House of Dog offers a comprehensive range of services to meet the unique needs of every dog, including daycare, overnight boarding, grooming, and behavior training. Our team of dedicated experts ensures that each dog receives personalized care tailored to their individual needs.
Asking Price
$700,000
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
$29,668
Revenue
$227,651
Down
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Posting: 287411 | Available | 7/23/24
Attractive opportunity to acquire short hours, easy operations, Postal, Mailbox, and Shipping Franchise. Please note, that this desirable Postal Franchise is located in a premium trade area on a major busy street, providing subject business with a steady volume of vehicle as well as foot traffic.
Asking Price
$100,000
Cash flow
Call/Email
Revenue
$580,765
Down
$375,000
Posting: 285964 | Available | 7/22/24
For sale is a one-stop shop for all vehicle repair needs. It is well-established and 40 years old. This auto mechanic shop is repair pal certified with napa auto care and accepts Carmax extended insurance. They have a repeat customer base with a great reputation.
Asking Price
$375,000
Cash flow
$200,000
Revenue
$1,046,000
Down
$181,250
Posting: 284627 | Available | 7/23/24
New Pricing! These are ten FedEx home & ground delivery routes for sale for $725,000. Currently grossing at $1,046,000 + and has estimated adjusted cash flow of $200,000 + per year. This includes 10 FedEx delivery vehicles that are worth an estimated $313,000 and 11 employees (FT & PT) in place.
Asking Price
$725,000
Cash flow
N/A
Revenue
$366,653
Down
N/A
Posting: 284324 | Available | 7/22/24
This is a high-end nail & massage salon for sale in Central San Diego. It is a beautiful salon in a great location with an excellent reputation. Debt-free turnkey business ready for the right owner operator.
Asking Price
$99,000
Cash flow
$500,000
Revenue
$3,000,000
Down
$1,200,000
Posting: 275102 | Available | 7/24/24
For sale is a very popular Sushi & Teppan Grill restaurant with a full cocktail license. This trendy and well-established venue is located in the heart of South Orange County. Since 2005, this lively restaurant with a club vibe has been attracting customers and serving drinks on weekends.
Asking Price
$1,200,000
Cash flow
$633,475
Revenue
$2,004,536
Down
Call/Email
Posting: 286231 | Available | 7/23/24
This well drilling and pump service business is an excellent opportunity to own a profitable California agriculture based business currently serving the central region. The company currently has a 3 month backlog on permitted jobs and 2 month waitlist with two drilling rigs running 5 days a week.
Asking Price
$1,900,000
Cash flow
$555,095
Revenue
$1,881,638
Down
$1,043,000
Posting: 283919 | Available | 7/23/24
This well-known franchise specializes in a wide variety of services, including signs, printing, copying, direct mail and mailing services, graphic design, marketing services, promotional products, etc.
Asking Price
$1,490,000
Cash flow
$225,000
Revenue
$570,000
Down
$250,000
Posting: 286212 | Available | 7/23/24
From injectables, to Platelet-Rich Plasma Therapy, they set the bar high in all that they do. They offer custom-tailored treatment plans and take the time to listen to their client's individual needs.
Asking Price
$500,000
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
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
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
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
Financing a business purchase, or getting cash for a down payment can take many forms. Hopefully the options listed below will give you some ideas where you can find the money to buy a California business!
A potential small business owner/seller asks the question: I have a preschool and am thinking about selling it but my lease is ending soon. What would be the best thing to do? Do I renew the contract or do I act the landlord to sign a contract to the new buyer? and is it a good time to sell?
The likelihood of selling a business is often determined by external factors in the marketplace. Here are eight influences on how easy, or difficult it might be when selling a small business. Peter Siegel discusses these factors in a BizBen.com article.
One of the strategies for selling your business to a very cautious buyer is to relate the price to performance of the company in the months after the buyer takes over. Peter Siegel with BizBen.com explains this strategy.
Don't buy a laundry business before reading these 5 tips to maximize your investment. You'll soon be able to buy a laundry with confidence! Peter Siegel, MBA with BizBen.com discusses this topic.
The three most widely used sources of funds for financing business purchase assets are buyer's cash, seller financing, and SBA bank loans. Peter Siegel, MBA with BizBen.com and an SBA loan consultant & placement specialist explains the differences between them.
Since 2011 we have completed an additional 850+ transactions and in total since 1996 when I founded Restaurant Realty Company, we have completed over $1,000,000,000 (billion) of business and real estate transactions.
The following list is broken down as follows. Stage 1 -- Items you need to do before you sign a purchase contract. Stage 2 -- Items you need to complete after you sign a purchase contract, and Stage 3 -- Items you need to do in order to close escrow.
I have found over the years that the biggest obstacle in getting a deal done is the landlord. The landlord either makes the sale and/or lease of the business possible or prevents the transaction from moving forward.
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.
Before you buy a dry cleaners small business, read these critical tips about this industry. Discover why a dry cleaner needs to be "green" to be profitable. Peter Siegel, MBA (BizBen ProBuy, ProSell Program Advisor) explores this topic and other helpful strategies on buying a dry cleaning store.
Laundromats undeniably represent a fantastic business opportunity. They offer high returns and require minimal hours, making them an attractive investment. Even during severe economic downturns, laundromats prove resilient as they provide an essential life service, but why do laundromats fail?
For Laundromat investors looking to enter the industry, these are challenging times. This significant industry that is surging due to "smarter" equipment, cleaner spaces, more staff, & the larger payback for offering a better customer experience. But, brokers & sellers have unrealistic valuations.
The coin-operated laundry business has undergone significant changes, evolving beyond its traditional model. Laundromats are now transforming into comprehensive "laundry businesses." This shift reflects a broader approach that goes beyond mere self-service coin-operated machines.
Chuck Post hosts these live FREE online webinars on Buying A Card or Coin Laundry. These webinars occur every Weds at Noon. Have your questions ready for an open and honest discussion about both the Pro & Cons of the Vended Laundry Business. RSVP or for more info phone Chuck at 619-227-5711 direct.
Laundry buyers and investors should expect both challenging times and opportunities for success in 2022 and 2023. Chuck Post, Laundry Industry Advisor explores growth opportunities, equipment advances, industry challenges and trends all laundromat buyers and investors should know about.
Chuck Post, a leading laundry expert with over 37 years of developing laundries, retooling, and rebranding hundreds of existing laundries, tells investors how to search, find, evaluate, and do good laundry due diligence laundries for acquisition. A must read for new investors & current operators.
Utility rates are on the rise. I am getting calls from laundry owners complaining of the costs, asking for ideas. So what is the answer? What is the best approach in combating these costs? Chuck Post, laundry consultant discusses strategies for keeping coin laundry utility costs under control.
The laundry business offers all of those rewards of business ownership, with much fewer headaches than with most other businesses. However buyer beware - Chuck Post, laundry broker and consultant covers several mistakes many first time laundry buyers commit when buying a California laundromat.
When investing in a laundry business, there are two methods. One is preferred, but the other is far more common. If you are considering entering into a new industry, like most now entering the laundry industry, you want to have a good understanding of both opportunities. Chuck Post explores both.
Coin operated laundry for sale (also referred to as a laundromat), which typically can yield a 20% to 30% profit (before taxes, interest, depreciation and amortization) on gross revenues to the owner. Peter Siegel, MBA with BizBen.com discusses this topic on buying small to mid-sized laundromats.
Many Californians want to buy a coin laundry because it's a business that doesn't require full time owner attention and because, as an all cash business, the owner is always paid before the service is provided. But there are a few misconceptions about the business and a buyer should have the facts.
Laundromats and coin operated Laundromats are popular choices among business buyers as they often can be successfully run as an absentee run business. You need to be strategic about when you sell your Laundromat so you don't get taken to the cleaners by a buyer and so that you maximize your profits.
Are you thinking of selling your California vending route? More business buyers than ever before are looking to buy such a business. Peter Siegel, MBA with BizBen.com discusses tips for selling your vending route.
Buying a professional service business, like a dental practice, is one of the most profitable ventures you can enter into if you are considering becoming a small business owner. In this blog, Peter Siegel, MBA discusses six things you need to know about buying a successful dental practice or office.
Entrepreneurs who think they want to buy a towing business need to have some idea of what to look for when examining businesses for sale in this industry. The assets, including tow trucks and perhaps the property where towed vehicles are stored, determine much of the value of this kind of company.
Buying a day care for sale is a dream for many people. Here, you'll learn how to successfully negotiate the purchase of a day care for sale to make that dream a reality. Peter Siegel with BizBen.com covers this topic.
There are several things to consider when placing a value on a preschool. Businesses that are regarded as leading preschools in their area can go for premium prices so know what you have so a potential buyer can't take advantage of your lack of knowledge. Peter Siegel with BizBen.com explains.
How does the laundromat business look as we enter this changing environment? Is it still as easy to operate a laundry and be profitable? Is it still the American Dream Business that it has been known to be? Yes, but… Chuck Post, Laundry Advisor & Consultant initiates this BizBen Discussion post.
We are finding that many laundry buyers and investors are not being given true light to selected elements of value or there are inconsistencies in the interpretation of these elements of value. This common error needs to be addressed. In this BizBen Discussion we address many of those factors.
Chuck Post a laundry consultant, specialty broker, buyer representative & due diligence advisor starts this discussion on why it's important to have an exit strategy in mind while buying a laundromat! He & others explain why this concept is so important for buyers especially in the laundry business.
However all the laundry listings are asking 4X to 5X multiple for an asking price! Is this reasonable, standard? We are are looking buy either a coin or a card laundry and want to pay a "fair" price. What factors go into valuing a laundry business these days? Multiple Advisors answer this question.
When buying an Elderly Care Home what should potential buyers always ask the broker or owner before proceeding? Find out in this Discussion on BizBen. Items buyers of elderly care homes will want to know more about why the seller is moving on, average length of stay, placement fees paid, etc.
A business buyer asks about the viability and purchase of a home health care service and about the future of this industry - Peter Siegel, MBA takes on this question with other ProIntermediaries & Advisors on BizBen regarding the home health care industry and it's future for potential buyers.
I would like to start this discussion and see what other BizBen Users feel about (and possible contribute to this list via a comment and replies below) what items/questions/information buyers should be thinking about during the due diligence and buying process of manufacturing related businesses.
Is a dog grooming business for you? Business broker Joe Ranieri ponders this question with BizBen viewers and answers this question along with other intermediaries and advisors. Some replies cover: brick and mortar vs. mobile, licenses & certifications, maintaining and growing a clientel, etc.
The only time to get an exact and accurate inventory count, and valuation, is at the time the business is being transferred. To do so beforehand, would mean that any merchandise sold after inventory is taken, but before close of escrow - Peter Siegel, MBA with BizBen & others discuss this topic.
Buying a liquor store can present some major challenges to business buyers - a recent client on the BizBen ProBuy Program relates to Peter Siegel, MBA what the major challenges may be when searching for and buying a Californa liquor store business. I welcome other Advisors to weigh in on this topic.
Buying a gas station can be a profitable business. From my experience, here are the pros & cons of buying a gas station that I share with BizBen ProBuy Buyers when they come to me to to get pre-qualified for financing to buy a gas station (with or without real estate). I discuss all these factors.
How much money should you expect to make when buying an automatic car wash? Peter Siegel, MBA (BizBen ProBuy Program Director and Business Purchase Financing Expert) explains with other brokers, intermediaries, and advisors info on this topic.
This is a hard question to answer specifically without any knowledge of the business. What kind of car wash it is (auto, self-serve, or full service)?, How many bays does the car wash have? Is there any other streams of revenue? We discuss this topic regarding car washes on this BizBen Discussion.
Before purchasing a car wash (quick serve or full serve) you must understand that the industry as a whole will provide you with plenty of competition. More importantly, depending on what your interests are, you will identify what type of car wash you want. We discuss this all in this Discussion.
Doing due diligence when buying any type of business is extremely important. Regardless of what type of business you are buying there are certain things you will always look at such as, financials, equipment, legal issues etc. We take a look at several angles for optimal gas station due diligence.
In this Discussion, we define financing options available to potential restaurant buyers when purchasing a small to mid-sized restaurant business (with or without real estate). When it comes to financing a restaurant purchase, potential restaurant buyers have several options to choose from.
Buying a 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.
Ice cream shops are a favorite with buyers of small businesses, but many times don't know what to look for when seeking a purchase of a shop. Joe Ranieri and other intermediaries and advisors share their experience and expertise to potential ice cream shop owners. Explore these tips to learn more.
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.
