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Raj Parikh CBB, CBI, MBA's Profile Details



I have spent the past 15 years as a Business Broker, Owner & Developer. I have extensive experience and deep knowledge in many different industries. I specialize in brokering Business Opportunities across many industries all across Southern California. I am CBB & CBI certified.


Name:
Raj Parikh CBB, CBI, MBA
Company:
NAI Capital - Business Brokerage Division
License:
01962451
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Established in 2017, this transportation company has grown to approx. $5M anticipated 2019 revenue. The company initially stated with 5 trucks and a mom-and-pop style operation to 18 trucks today with a structure and management in place. This company is a prime candidate for acquisition.   Posting #: 257478   Posted by: Raj Parikh CBB, CBI, MBA.
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100% help run. The profits reflected is by substituting the manager. In 2018, manager's salary was approximately $32.5K. The manager had 3 assistant managers whose wages were approx. $61K combined, this has not been used as an add-back, however, the seller believes that this amount can be reduced.   Posting #: 258562   Posted by: Raj Parikh CBB, CBI, MBA.
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About the Business: 100% help run. The profits reflected is by substituting the manager. In 2018, manager's salary was approximately $51K. Easy to operate. This well-known chain is based out of Southern California and is known for its health focused menu and has managed to differentiate itself.   Posting #: 258563   Posted by: Raj Parikh CBB, CBI, MBA.
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The company was recently awarded approximately $10M+ contract to be performed over the span of 2 years. The company bids on projects on an ongoing basis and the new buyer can expect to take over ongoing and potential future project/s upon purchase.   Posting #: 248376   Posted by: Raj Parikh CBB, CBI, MBA.
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Raj has spent the past 15 years as a Business Broker, Owner & Developer. He has extensive experience and deep knowledge in many different industries. He specializes in brokering Business Opportunities across many industries all across Southern California. I am CBB certified.
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Are business buyers too impulsive and impatient about initial asking prices? I feel buyers of businesses should first explore the small to mid-sized business being sold and then come to some conclusion on a potential price to offer - I would like to see what others have to say about this topic. Contributor: Raj Parikh CBB, CBI, MBA


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