Company: Team Spirit Realty
Phones: 310-259-5306 Cell , 310-259-5306 Text
Business brokerage services in the LA and Orange County areas. I use three different offices -Torrance, Buena Park, and Irvine.
Business brokerage services in the LA and Orange County areas. I use three different offices -Torrance, Buena Park, and Irvine.
For sale is a well-established and famous Korean bibimbap place at Culver City shopping mall where it is busy all the time. Its monthly sales are about $75,000+. Its rent is $22,000 including NNN, electricity, and storage. It is easy to operate and manage as it is absentee-owned. Posting #: 285565 Posted by: Cheong Won.
Great Location in the affluent community. The average monthly sale is about $55,000. Its size is about 1,750 sqft with rent $8,300 including NNN. Recently remodeled with Long Hood, Walk-in Cooler & Grease Trap. Absentee Owner. Posting #: 290760 Posted by: Cheong Won.
For sale is a well-established franchise store. The monthly net sales are $65,500 and the net profit is $12,000+. It is semi absentee at a good location. Its current rent is about $8,545 including NNN. Posting #: 286641 Posted by: Cheong Won.
Great Location with other national brand restaurants in the fast-growing area. Absentee Owner.. Annual sale is about $850,000+. Posting #: 290736 Posted by: Cheong Won.
Great and well-established sushi restaurant with 4.3 stars on Yelp! Currently, the store opens for 6 days a week and its monthly sale is currently around $75,000. Its size is about just 1,750 sq ft. with a great rent of $7,700 including NNN and with plenty of parking space. Beer/Wine License. Posting #: 289823 Posted by: Cheong Won.
For sale is a well-established and famous Korean restaurant in the busy Korean community of Buena Park/Fullerton. The current monthly sale is over $55,000. It is an all-day busy location. Posting #: 282097 Posted by: Cheong Won.
This is an urgent sale of a Vietnamese fusion restaurant, popular among the younger generation. The current monthly sales exceed $65,000, and the restaurant occupies a 2,000-square-foot space. The rent is $11,750, which includes NNN. The facility is equipped with a full kitchen. Posting #: 290102 Posted by: Cheong Won.
For sale is a well-established and famous business in a great location with a current monthly sale of $70,000. The business operates 5.5 days a week and occupies 1,360 square feet. Rent is $5,700, including NNN, and the establishment holds a beer and wine license. Posting #: 288479 Posted by: Cheong Won.
For sale is a great and well-established sushi restaurant in the affluent and dynamic community of Fountain Valley. It has a great rent of $3,950 including NNN for 1,300+ sq ft. with plenty of parking spaces in the lot. its current monthly sale is $65,000 with open 5.5 days a week. Beer/Wine. SBA. Posting #: 281611 Posted by: Cheong Won.
Asset Sale. Well-established Asian restaurant in the busy shopping center with national brand restaurants. Its size is great 1,000+ sq ft and its rent of $3,000 including NNN. The restaurant has a hood and ABC license. Convertible to Korean. Posting #: 289703 Posted by: Cheong Won.
Asset Sale. Famous Korean Style Fried Chicken. Newly Remodeled. Good Location in the food court. Rent $4,900. All equipment & fixtures are near new. Great Chance for owner operator. Posting #: 292325 Posted by: Cheong Won.
Famous Mexican Restaurant. Newly Remodeled recently. Its monthly sale is about $160,000 with great rent of $4,000. Posting #: 292276 Posted by: Cheong Won.
Famous Teppan restaurant located in the regional shopping center. Average monthly sale is about $160,000 with the rent of $21,000. Semi-Absentee Owner. Posting #: 292275 Posted by: Cheong Won.
Famous Sushi Restaurant in the community shopping center. Its monthly sale is about $80,000 with good rent of $6,400. Beer/Wine License. Clean & Well maintained Restaurant Posting #: 292274 Posted by: Cheong Won.
For sale is an Asian Dessert Shop. Its size is about 1,200 sqft. Its rent is about $6,300 including NNN. Hood, Walk-in Cooler & Grease Trap. The buyer can convert it into other menu with the landlord's approval. Posting #: 292273 Posted by: Cheong Won.
For sale is a great and well-established Korean restaurant in the affluent and dynamic Valley community of Los Angeles. It has a great rent of $9,000 including NNN with plenty of parking spaces in the lot. its current monthly sale is $120,000. Its location is in the busy area. Posting #: 286499 Posted by: Cheong Won.
For sale is a sushi restaurant at a great location in the affluent Simi Valley. The current monthly sale is $85,000. 2,000 sqft, Rent $9,800 including NNN. Beer/Wine License. SBA Loan available. Posting #: 291108 Posted by: Cheong Won.
Great Location in the busy major supermarket of Northridge. The current monthly sale is $16,000. The operator pays 36% of the sale for rent, all utilities and franchise fee. Posting #: 291109 Posted by: Cheong Won.
Great Location in the center of Koreatown of Buena Park/Fullerton area. Its rent is about $5,900. It serves coffee, soft drinks and Korean snacks. Posting #: 291111 Posted by: Cheong Won.
This is an asset sale located in a prime location on Wilshire Boulevard in Koreatown. The space is 950 square feet, with a rental cost of $4,000 per month, including utilities. It is ideal for serving coffee, drinks, or desserts. Please note, there is no hood installed in the space. Posting #: 290101 Posted by: Cheong Won.
Great Location in Little Tokyo of Los Angeles downtown. Its current monthly sale is about $25,000. Its size is about 900 sqft with extra storage space with 13 ft long hood & grease trap. Great for brunch to-go joint. Posting #: 290590 Posted by: Cheong Won.
Great Location on Wilshire in Koreatown. Its size is about 1,200 sqft with 10 ft long hood. Great for brunch to-go & catering joint. Its rent is only $5,000 including utilities. Posting #: 290591 Posted by: Cheong Won.
For sale is a well-established sushi restaurant in the community that has 4.6 stars on Yelp! Currently, the restaurant is open 5.5 days a week with an A La Carte Menu. It is a good size of 1,800 sq ft. with a great rent of $1,800 including NNN and plenty of parking spaces. Posting #: 283144 Posted by: Cheong Won.
For an asset sale. This property is in a good location in K-town, Los Angeles, with a size of 1,250 square feet. The rent is $5,500, including NNN. A hood and grease trap are already installed, making it ideal for any fast food or fusion menu. Posting #: 290057 Posted by: Cheong Won.
For sale is an asset-sale fast-food joint in a good location. The space is equipped with a 14-foot hood, a walk-in cooler, and a grease trap, making it ideal for a Mexican, American, or fusion quick-service restaurant. The property is 840 square feet with a patio, and the rent is only $4,500. Posting #: 289994 Posted by: Cheong Won.
Great Location in the busy shopping center in Chino Hills. The average monthly sale is about $57,000. Its size is about 1,800 sqft with rent $7,300 including NNN. Recently remodeled with Long Hood, Walk-in Cooler & Grease Trap. Posting #: 291518 Posted by: Cheong Won.
This is an urgent sale of American Brunch Cafe located in the affluent community of Rancho Cucamonga. The current monthly sales is about 35,000 with absentee owner. It size is about 1,250 sqft plus spacious enclosed patio. The rent is $9,500, which includes NNN. Posting #: 290179 Posted by: Cheong Won.
For sale is a great and well-established Korean tofu restaurant in the dynamic Koreatown of Los Angeles. It has a great rent of $7,000 including NNN with plenty of parking spaces in the lot. its current monthly sale is $90,000. Its location is in the busy area. Posting #: 289206 Posted by: Cheong Won.
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.
ServingAll 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
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingAll California
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.
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.
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.
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.
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.
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.
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.
