Cash flow
$200,000
Revenue
$600,000
Down
Call/Email
Posting: 275386 | Available | 2/19/23
This wholesale bakery with a retail front has been in business for over 30 years. It is absolutely the best location in West Hollywood on a major shopping plaza with great parking and major anchor businesses there. There are lots of wholesale accounts and retail customers. It is 1,750 sq. ft.
Asking Price
$219,000
Cash flow
$500,000
Revenue
$16,000,000
Down
Call/Email
Posting: 277894 | Available | 2/4/23
For sale is a well-established import & wholesale party favors company. It has been in business since 1992. The owners want to retire after 30+ years of the same business. The business is still growing year after year with a potentially high-profit margin. The seller owns the office and warehouse.
Asking Price
$4,000,000
Cash flow
$176,000
Revenue
$1,300,000
Down
Call / Emaill
Posting: 276657 | Available | 1/23/23
For sale is a wholesale-only craft/decor company. This is for a unique & niche market. The seller will train the buyer for a few months until familiar with the business. The seller wants to retire after 35 years in this same business. They have a well-established clientele. They have high-profit.
Asking Price
$999,000
Cash flow
$300,000
Revenue
3M
Down
$895,000
Posting: 277631 | Available | 12/1/22
Present owner has operating this business 23 years. Very easy operating and good profit. Lots of potential for active buyer. Training will be included. Approximately $400,000 in inventory. Minimum 20% and plus margin on it. Over 9.000 sqft warehouse and low rent of $8,000 per month.
Asking Price
$895,000
Cash flow
$301,000
Revenue
$1,555,000
Down
Ask
Posting: 275317 | Available | 8/17/22
This is well established and very successful commercial wholesale bakery with the property. The current owner has been running this wholesale bakery for 23 years and there are very loyal clientele and this is amazing opportunity for an owner-operate or family run business.
Asking Price
$3,400,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 274397 | Available | 8/2/22
Turn Key Specialty Water Company. Established sales channels which are comprised of Airports, retail, online, customer direct, gas stations and supermarkets. Manufactured in California using nanotechnology for purity with unmatched proprietary formulas that utilizes oxygenated alkaline and hemp
Asking Price
Call / Email
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 263831 | Available | 3/26/22
This young turn-key company manufactures hand sanitizers in gel and liquid form. 2020 sales have been 3.5M+/. Major retailers have additional PO's ready to be placed. Profit margin currently in the 40% range. 1 year contracts in place with the well known national retailers. Online sales presence.
Asking Price
$3,500,000
Cash flow
$329,000
Revenue
Call / Email
Down
Call / Email
Posting: 271883 | Available | 1/18/22
The owner of a premium 20 + - acre olive farm with a desire to retire, has made a unique special opportunity for the savvy investor! This great revenue generating farm in Northern California includes a 25,000 sq. ft. production and packaging facility. Company website growing retail sales.
Asking Price
$1,349,000
Cash flow
Call
Revenue
Call
Down
$5,000
Posting: 256629 | Available | 10/5/21
This is an asset sale, no books or P&L. The sale prices is less than the assets which include tees, yoga pants, hoodies and hundreds of rhinestone heat transfer. Two websites plus domain names (lagarments.com is valued over $2,000 alone).
Asking Price
$5,000
Cash flow
Call
Revenue
$980,000
Down
Call
Posting: 261589 | Available | 10/1/21
LOWER PRICE & INCLUDES INVENTORY. Room to grow servicing the Antelope Valley with quality merchandise and 420 supplies for the grower. Offering a long Ten Year History of great relationships, trust, and dozens of five star Google reviews. 245,000 plus inventory, assumable lease through August 2024.
Asking Price
$149,950
Cash flow
Ask
Revenue
$200,000
Down
$225,000
Posting: 267687 | Available | 5/28/21
This is not a retail business but a wholesale bakery. The current owner has been running this unique bakery wholesale for 23 years with lots of loyal customers. They have such a large variety of treat and cookie combinations no other company has and this is the family owned company.
Asking Price
$225,000
Cash flow
$98,107
Revenue
$310,311
Down
$290,000
Posting: 256990 | Available | 5/24/21
This 10 year old cannabidiol (CBD) company specializes in cream, gel, liquid and capsule health care products. The chemist and engineer driven company formulates its own products in its laboratory and then produces them offsite. Its product line includes trademarked names.
Asking Price
$290,000
Cash flow
Call / Email
Revenue
Call / Email
Down
$150,000
Posting: 263729 | Available | 5/24/21
This company manufactured and distributed a proprietary, innovative homeopathic supplement that is designed to support the user's alertness, mental focus and productivity. With over $1.2Ml invested to date, they have created a new and natural way to boost your energy.
Asking Price
$150,000
Cash flow
$248,900
Revenue
$399,000
Down
$400,000
Posting: 263312 | Available | 10/22/20
Highly profitable plumbing supply company with significant expansion potential. Located in a quaint Northern California town, this opportunity presents a unique set of parameters to live in a rural community and grow a business to the next level. Loyal repeat customers with limited other choices.
Asking Price
$749,000
Cash flow
$75,000
Revenue
$250,000
Down
Call
Posting: 252230 | Available | 10/19/20
Available for sale is an iconic Southern California wholesale and retail distributor of hard to find vintage automotive parts Volkswagen cars. The business has made a wise investment in setting up overseas manufacturing of certain difficult to replace parts, emblems, and keys.
Asking Price
$99,000
Cash flow
300,000 plus
Revenue
$730,720
Down
Call / Email
Posting: 276160 | Available | 3/12/24
This profitable water purification supplies and services business serves the technical, hospital, medical, and dialysis industries of north/central California and western Nevada, including companies like Tesla. Established in 1997. Annual sales are projected to well exceed $600,000 in 2022.
Asking Price
$899,000
Cash flow
$350,574
Revenue
$3,578,262
Down
$200,000
Posting: 285442 | Available | 4/20/24
For sale is California Co with its distribution center located in the Southwest US. It has been established for 24 years. They sell hardware products for consumers and professionals. They are a distributor/manufacturer of premium products that are sold online and through big box retailers.
Asking Price
$1,295,000
Cash flow
$180,000
Revenue
$550
Down
Call/Email
Posting: 274482 | Available | 4/21/24
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
Bldg Size
na
Typical Floor Size
0 Sq.Ft
Year Built
Call / Email
Posting: 285800 | Available | 3/22/24
For sale is a distribution business with new product offerings readily available. They have a proven business model in the distribution segment. Distinct competitive advantage by offering customers better availability, higher quality product at a competitive price.
Asking Price
$440,000
Cash flow
$300,000
Revenue
3M
Down
$895,000
Posting: 277631 | Available | 12/1/22
Present owner has operating this business 23 years. Very easy operating and good profit. Lots of potential for active buyer. Training will be included. Approximately $400,000 in inventory. Minimum 20% and plus margin on it. Over 9.000 sqft warehouse and low rent of $8,000 per month.
Asking Price
$895,000
Cash flow
Call/Email
Revenue
$12,000
Down
$9,850,000
Posting: 283407 | Available | 10/17/23
Our client offers a disruptive line of transparent antiviral masks and respirators that improve protection without compromising comfort, compliance, and human connectivity. These reusable and disposable product lines include detachable protective eye shields, clip-on temple bars, lenses, etc.
Asking Price
Call/Email
Cash flow
Call/Email
Revenue
$1,000,000
Down
Call/Email
Posting: 284584 | Available | 1/9/24
This store specializes in retail/wholesale and imports for store display equipments. There is not much competition. All items never go out of style and sell consistently. The store owner has rented a 7,000 sq ft. warehouse. The sales price includes inventory of $250,000.
Asking Price
$175,000
Cash flow
$56,608
Revenue
$283,039
Down
$119,400
Posting: 279450 | Available | 7/6/23
Yissy's Ice Cream is an ice cream distributor selling wholesale to businesses and retailing at our warehouse location. We distribute only the highest quality products. All of our products and processes exceed the State of California health and safety Standards. Our warehouse is open to the public.
Asking Price
$199,000
Cash flow
$535,676
Revenue
$691,531
Down
Call/Email
Posting: 283117 | Available | 1/15/24
his highly profitable wholesale floral arrangement business, with exponential year-over-year growth! The business provides beautiful, artisanal, handmade floral arrangements to affluent, gourmet and natural grocery stores.
Asking Price
$1,000,500
Cash flow
$99,754
Revenue
$373,581
Down
Call/Email
Posting: 284804 | Available | 4/12/24
This business is an artisan line of small-batch specialty skincare & wellness products that include teas, tonics, spice blends and herbal supplements. The business offers a variety of bath, body and skin care product lines. Great growth potential! Company cash flow: $99,754 Gross revenue: $373,581
Asking Price
$575,000
Cash flow
$209,081
Revenue
$680,660
Down
Call/Email
Posting: 285439 | Available | 4/4/24
This award-winning, profitable, and well-established artisanal retail and wholesale bakery comes fully equipped with a state-of-the-art kitchen, built out by a classically trained French pastry chef. It is chock-full of hard-to-find, high-end European-style commercial equipment.
Asking Price
$487,000
Cash flow
$395,000
Revenue
$2,100,000
Down
$350,000
Posting: 276028 | Available | 10/11/23
This 30-year-old industrial cleaning distribution business has two locations to service Orange, San Bernardino, and Riverside Counties. This company boasts over 650 customers with 7 employees, two customer service locations, and trucks to operate the business.
Asking Price
$1,500,000
Cash flow
Call/Email
Revenue
$533,150
Down
Call/Email
Posting: 285847 | Available | 3/26/24
This business is three apparel brands that create and customize fun t-shirts for various ages and sizes. The designs are currently sold to gift shops, theme parks, zoos, and aquariums with 95% of revenue coming from B2B.
Asking Price
$125,000
Cash flow
$4,641,633
Revenue
$47,660,513
Down
Call
Posting: 283896 | Available | 11/16/23
ProNova Partners exclusively represents a company that has grown over three generations from a single delivery vehicle to a HACCP Certified facility containing over $13MM+ in assets doing $47,000,000+ in top line revenue spread across their wholly-owned fleet of vehicles. The CEO's 100% shareholder.
Asking Price
$45,000,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$100
Posting: 285876 | Available | 3/28/24
Detech Inc. dba Detech Fire & Security provides a wide range of facility systems solutions, with an emphasis on certified inspections & testing of fire / life safety systems for non-residential buildings of all types in accordance with code-enforced requirements as mandated by the AHJ.
Asking Price
Call/Email
Cash flow
$301,000
Revenue
$1,555,000
Down
Ask
Posting: 275317 | Available | 8/17/22
This is well established and very successful commercial wholesale bakery with the property. The current owner has been running this wholesale bakery for 23 years and there are very loyal clientele and this is amazing opportunity for an owner-operate or family run business.
Asking Price
$3,400,000
Cash flow
$90,000
Revenue
$360,000
Down
Call/Email
Posting: 281536 | Available | 11/4/23
For over 30 years, this wholesale auto part store has been located in South Los Angeles, Los Angeles County, California. It is approximately 2,500 sq ft. It is open Monday through Friday 8:30 am to 5:00 pm, and Saturday 8:30 am-2:30 pm. The owner is running the business by himself.
Asking Price
$49,000
Cash flow
$1,211,382
Revenue
$8,405,796
Down
Call/Email
Posting: 283282 | Available | 11/15/23
This well-established metal supply company takes pride in offering swift, friendly, & reliable same or next-day delivery services. Operating in an industry known to thrive even during economic downturns, the business has maintained its high-visibility location at the intersection of major freeways.
Asking Price
$6,200,000
Cash flow
$127,190
Revenue
$1,345,673
Down
Call/Email
Posting: 281442 | Available | 3/19/24
Enter the highly profitable outdoor recreational product space for hunters and anglers with an acquisition of this leading product importer/distributor. Included in the sale are strong transferable supply chain relationships with overseas manufacturers; loyal transferable wholesale accounts.
Asking Price
Call/Email
Cash flow
$416,000
Revenue
$2,734,107
Down
$1,908,000
Posting: 284881 | Available | 4/9/24
Established in 1978, this renowned manufacturer and distributor specializes in replacement parts and accessories for vintage vehicles. As the current owner seeks retirement, this thriving business presents a unique opportunity for acquisition.
Asking Price
$1,908,000
Cash flow
$300,000
Revenue
$1,200,000
Down
$350,000
Posting: 283210 | Available | 12/20/23
Re-seller of used Restaurant Equipment for the last 22 years. All sales are done in the online marketplace. Great Markups running from 300 - 600%. Very profitable business. Open Monday-Friday. Closed Weekends. Price includes $400-$500,000 of merchandise priced at the seller's cost!
Asking Price
$495,000
Cash flow
$248,900
Revenue
$399,000
Down
$400,000
Posting: 263312 | Available | 10/22/20
Highly profitable plumbing supply company with significant expansion potential. Located in a quaint Northern California town, this opportunity presents a unique set of parameters to live in a rural community and grow a business to the next level. Loyal repeat customers with limited other choices.
Asking Price
$749,000
Cash flow
Call
Revenue
Call
Down
$5,000
Posting: 256629 | Available | 10/5/21
This is an asset sale, no books or P&L. The sale prices is less than the assets which include tees, yoga pants, hoodies and hundreds of rhinestone heat transfer. Two websites plus domain names (lagarments.com is valued over $2,000 alone).
Asking Price
$5,000
Cash flow
$292,000
Revenue
$760,000
Down
Call/Email
Posting: 278585 | Available | 11/29/23
For sale is a great opportunity to own a well-established wedding accessories business of over 30 years specializing in manufacturing veils, sashes, and other hair accessories. The business does wholesale as well as retail of bridal accessories. It has a major online existence nationally as well.
Asking Price
$599,000
Cash flow
$636,304
Revenue
$898,964
Down
Call/Email
Posting: 281750 | Available | 7/22/23
100% of the reported gross income for this business is recurring revenue from SAAS products! This very profitable distribution company bills itself as a Technology Strategy & Advisory practice helping its customers to build exceptional business value from technology.
Asking Price
$2,300,000
Cash flow
Call/Email
Revenue
$360,000
Down
Call/Email
Posting: 282975 | Available | 11/20/23
Opportunity to build an existing meal prep business or bring your own concept. Perfect for ice cream, tea, and other dessert concepts. Located in a great location. This location is in an affluent part of the South Bay Area, California.
Asking Price
$50,000
Cash flow
$35,000
Revenue
$225,000
Down
$65,000
Posting: 285073 | In Escrow | 2/8/24
This is a great opportunity to be your own boss with a low cost of entry and an opportunity to grow the business. The owner works 15 days per month. It has been established for 27 years and this has great potential to get more new accounts and develop website-online sales.
Asking Price
$65,000
Cash flow
$600,000
Revenue
$6,000,000
Down
$1,000,000
Posting: 284814 | Available | 1/23/24
For sale is a highly profitable distribution business servicing retailers in the East Bay that is up for sale. It does 6M in annual sales to about 350 customers at a margin of 20% and the overhead costs are about 40k-45k/m. The net income is 600k.
Asking Price
$1,500,000
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
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
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
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
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 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.
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.
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.
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.
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.
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.
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!
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.
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.
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.
Buying a small to mid-sized business can be a confusing and/or frustrating process for many buyers. Statistics show that over 80% of all buyers never end up buying a business. The ProBuy Program assists potential buyers with the process of finding, evaluating & buying a small to mid-sized business.
Peter Siegel, MBA - 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.
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.
Peter Siegel, MBA - BizBen Founder & Director of the ProBuy/ProSell Programs explores why earnest money deposits when opening escrow (and bulk sale) serve several important purposes when buying or selling a small business in California. For Buyers not offering a realistic deposit may be a problem.
Successful sellers of small businesses need a game plan to sell their California small business for maximum price and for the best terms. Peter Siegel, MBA discusses these seller strategies with BizBen Blog readers based on his experience as the lead Advisor with the ProSell Program on BizBen.com.
What are actual adjusted net earnings (cash flow) of a small business being purchased with business acquisition SBA Loan financing? That's an important amount that lenders need to know. Peter Siegel, MBA (BizBen.com, SBALoanAdvisors.com Founder) reviews this important concept with BizBen Blog users.
Selling a business is hard enough but using the wrong word, text, and strategy can really delay or outright kill a campaign to sell a small business successfully. Peter Siegel, MBA Founder of BizBen.com shares what words, phrases, and strategies work (and not) when selling a small business online.
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.
