Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285889 | Available | 5/13/24
This is a gated auto repair shop with Smog Star and a brake & lamp station since 1990. It is located on a corner with great visibility. Equipment and tools are included in the sale. The new owner can take it over and start to make money immediately.
Asking Price
$220,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 285421 | Available | 5/9/24
For sale 8 bays mechanic shop with smog check and repairs. (Assets Sale) It is located in Escondido, CA. Rent is only $3,600 per month. The building size is about 4,700 SQ/FT. The lease is 11 years (asset sale). It has 8 bays and the asking price is $75,000.
Asking Price
$75,000
Cash flow
$108,820
Revenue
$236,000
Down
$100,000
Posting: 278952 | Available | 5/9/24
This auto body paint and repair shop has been established for 20 years, situated in a free-standing building on a high-traffic avenue with high visibility. This business can be a good acquisition for an auto body shop business that needs more production capacity at a reasonable price.
Asking Price
$100,000
Cash flow
$228,516
Revenue
$669,854
Down
Call/Email
Posting: 284082 | Available | 5/8/24
This Burlington & Camden County, very-profitable, 5-bay full-service auto repair and transmission repair shop, in Central New Jersey is available for sale due to the relocation of the owner. They expertly perform engine repairs, brake, and air conditioner repairs, transmission, clutch, and more.
Asking Price
$599,000
Cash flow
$181,871
Revenue
$455,875
Down
Call/Email
Posting: 281865 | Available | 5/8/24
This very profitable auto repair shop is available for sale so the seller can work closer to his North Jersey home. He has operated the business profitably for 16 years with a long commute and now has other interests.
Asking Price
$450,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$325,000
Posting: 286432 | Available | 5/6/24
A very successful specialty auto repair franchise is located in South Santa Clara County. The seller has been in business for more than 12 years, and the building occupies approximately 8,000 square feet. The seller, who is retiring, is willing to train the buyer for one month.
Asking Price
$325,000
Cash flow
$292,483
Revenue
$1,133,750
Down
$80,000
Posting: 282827 | Available | 5/6/24
This is an 18-year established family-owned business performing general automotive repairs in Yolo County. The business specializes in engine diagnostics, vehicle maintenance, steering & suspension, tires, AC diagnostics and general repairs of domestic & imported vehicles.
Asking Price
$800,000
Cash flow
$164,000
Revenue
$693,511
Down
Call/Email
Posting: 280853 | Available | 5/3/24
This is an established auto repair in South Orange County located next to the 5 Freeway. They have a great customer base with 5-star Google and Yelp ratings. They have a long history of profitability.
Asking Price
$299,000
Cash flow
Call/Email
Revenue
$17,900,000
Down
$25,000
Posting: 286393 | Available | 5/3/24
Auto parts and repair shop for sale in beautiful Shingletown CA. Great opportunity to own your own profitable well-established turn-key shop. The owner is retiring after 30 years. The purchase price does not include real estate. The owner will finance. Call the listing agent for more information.
Asking Price
$200,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282561 | Available | 5/2/24
This automotive repair shop is located on a bustling street in the heart of San Lorenzo, CA. This certified business has built and maintained a reputation of outstanding service. They do full service and repair shop for domestic and foreign automobiles, including a certified smog check station.
Asking Price
$65,000
Cash flow
Call/Email
Revenue
$120,000
Down
Call/Email
Posting: 284893 | Available | 5/2/24
This is a high-quality, ASE-certified auto repair shop for sale in Fremont. The shop is clean and roomy. This is not your typical tech shop where it is dirty and messy with parts. There are shared parking spaces with another auto shop next to it. It is approximately 2,400 square feet with 7 bays.
Asking Price
$150,000
Cash flow
$81,000
Revenue
$443,000
Down
$260,000
Posting: 285904 | Available | 5/1/24
Body Shop, which has been established for 41 years, is the premier auto body shop in Riverside, CA, providing superior auto body services since 1982. The shop specializes in various automotive services ranging from expert collision repair and undetectable color matching.
Asking Price
$260,000
Cash flow
$88,000
Revenue
$175,000
Down
$165,000
Posting: 285885 | Available | 5/1/24
This established mobile truck and trailer repair service, with a history spanning over 60 years, is now on the market. The current proprietor, having dedicated 47 years to its operation, is seeking retirement and looking to pass on the business.
Asking Price
$165,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285085 | Available | 4/30/24
For sale is an established, family-owned automotive repair and service shop located in the city of Santa Clara, California. The business has been thriving for almost 10 years. The shop has 5,000+sq ft. for auto repair. The owner works with one employee.
Asking Price
$275,000
Cash flow
$1,812,384
Revenue
$3,815,000
Down
$3,694,000
Posting: 284702 | Available | 4/30/24
This exceptional opportunity presents the chance to own a thriving, high-production luxury auto body, and paint shop in the bustling heart of Los Angeles. Established and reputable, this full-service collision repair center specializes in luxury vehicles, offering top-tier painting, wrapping, etc.
Asking Price
$3,694,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281479 | Available | 4/30/24
This is an 18-year-established auto body shop for sale in the San Francisco Tenderloin District. They do auto body restoration, collision repair, paint, restoration, paint services, rust repair, classic cars, dents, repair, frame straightening, and hail damage repair.
Asking Price
$55,000
Cash flow
$304,975
Revenue
$1,168,332
Down
$50,000
Posting: 283471 | Available | 4/29/24
Never more than now is a great time to own an auto service business. With new car inventory scarce, striking workers, and the highest used car values in decades, people are holding on to their used cars longer. Translation, more cars to fix, and maintenance. It has had the same owner since 1983!
Asking Price
$499,000
Cash flow
$304,800
Revenue
$1,653,000
Down
Call/Email
Posting: 286328 | Available | 4/29/24
For sale is a 26 year old auto repair business located in prime area of South Orange County. It is 13,000 sq ft with 22 ft ceilings. There is additional outdoor parking for 35 cars. They are increasing revenue year after year with clean financials.
Asking Price
$851,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$8,000
Posting: 286315 | Available | 4/28/24
This 2-bay garage is available for a mechanic shop or smog center as part of the successful Chevron station. All utilities are included in the rent. It's a 5-year lease. Rent is $4,000, which includes all utilities. 2 hoists and compressors are included. There's plenty of parking available.
Asking Price
$8,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286280 | Available | 4/26/24
A family-owned and operated auto repair business is for sale in Sunnyvale, CA, one of the major cities within California's high-tech area, known as Silicon Valley. This shop is ASE certified and services all makes and models, including BMW, Mercedes, and Volkswagen.
Asking Price
$120,000
Cash flow
$341,997
Revenue
$800,606
Down
$5,500,000
Posting: 283990 | Available | 4/24/24
For sale is a comprehensive, built-out and turn-key truck services center. There is approximately 4.5 acres of real estate included. It is in a major north-south travel corridor. Their FDOT average daily traffic count is 18,400.
Asking Price
$5,500,000
Bldg Size
1,347 Sq.Ft
Typical Floor Size
Call / Email
Year Built
Call / Email
Posting: 286250 | Available | 4/24/24
Discover the potential of this former Gas Station property on busy Willow Pass Road. The fuel tanks and equipment have been removed, and there are no environmental issues just endless possibilities! You could turn it into a bustling retail spot or use the existing building for different businesses.
Asking Price
$1,500,000
Cash flow
$120,000
Revenue
$252,000
Down
$300,000
Posting: 285764 | Available | 4/23/24
An auto repair shop with a history spanning 39 years is prominently located on a major high-traffic boulevard in an auto center building. The shop specializes in Brakes and Alignment; a new owner could add tires, mufflers, smog check, or make it a full-service auto repair.
Asking Price
$300,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284169 | Available | 4/22/24
This is a great gas station with market and mechanic shop. It is located in Alameda County between I-580 and I-880. The owner claims an average of 40,000 gallons at a $1.40 margin that seller will proof that. The market does $20,000 at 35% margin. The mechanic shop is leased for monthly rent $5,000.
Asking Price
$3,300,000
Cash flow
$220,000
Revenue
$935,000
Down
Call/Email
Posting: 286195 | Available | 4/19/24
Built on a foundation of loyal clientele, the business excels in delivering swift and competitive repairs. Its strategic location within an automotive commerce hub has facilitated an impressive 15% growth over the past year. The business offers a comprehensive range of repair services, from routine.
Asking Price
$525,000
Cash flow
Call/Email
Revenue
$240,000
Down
$85,000
Posting: 285686 | Available | 4/19/24
For sale is a well-established auto repair shop in the city of San Bernardino. The owner finally wants to retire after 14 years working at the same location. Its size is about 1,400 sqft with 3 bays and lots of parking space. The current rent is just $1,910. All the tools are included in the sale.
Asking Price
$84,000
Cash flow
N/A
Revenue
N/A
Down
$449,000
Posting: 285308 | Available | 4/19/24
Burbank body shop, for an asset sale, is a hard to find body and paint shop. Established and reputable, this full-service collision repair center specializes in luxury vehicles, offering top-tier painting, and mechanical repairs. Strategically located on a busy avenue in L.A.
Asking Price
$449,000
Cash flow
$197,304
Revenue
$998,000
Down
$30
Posting: 281656 | Available | 4/18/24
A new owner is needed for a turnkey auto repair/smog check shop. It has great cash flow and includes all inventory and FF&E. It's well-equipped and maintained with devoted clients in place. The revenue is $998,000/year. The cash flow is $197,304/year. The business has clean financials.
Asking Price
$330,000
Cash flow
$200,000
Revenue
$900,000
Down
$345,000
Posting: 254833 | Available | 10/20/23
Price lowered fr $395k. For sale is a well-established hybrid auto repair shop with great customer reviews. This is a great investment opportunity for those seeking a profitable and reputable repair shop! It is located in the heart of the densely populated Miramar and Mira Mesa area.
Asking Price
$345,000
Cash flow
$600,000
Revenue
$4,600,000
Down
$4,600,000
Posting: 283364 | Available | 4/11/24
This Northern California full-service performance and maintenance facility services and repairs Audi, Volkswagen and Porsche vehicles. They also have another division that provides innovative Jeep and truck accessories. This company has been in operation for 17 years (since 2006).
Asking Price
$4,600,000
Cash flow
$650,000
Revenue
$1,650,000
Down
$350,000
Posting: 279681 | Available | 4/15/24
These don't come around for us but about once every couple of years. And, if we lived closer, we'd buy it ourselves ��no joke. This is truly THE DEAL OF THE YEAR on a highly profitable, full service, clean, automotive repair business (franchise).
Asking Price
$1,600,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$1,000,000
Posting: 285286 | Available | 2/21/24
This state-of-the-art express car wash and car care center was recently converted to an express car wash and opened up about Early 2022. The sellers spent over $1.1 million on the conversion, adding state-of-the-art equipment including 18 vacuums.
Asking Price
$3,677,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 282399 | Available | 3/25/24
For sale is a Sinclair gas station with a snack and mechanic shop. The auto repair shop is rented month to month and is willing to remain at $6,000 monthly rent. The auto repair tenant is willing to sign a long-term lease. The station is presumed doing about 50 to 60K gallons/m of fuel.
Asking Price
$4,900,000
Cash flow
$120,000
Revenue
$360,000
Down
$150,000
Posting: 278915 | Available | 3/23/23
For sale or for lease is an auto repair and body shop. Its size is 1,200 + 750 sq ft. and the lot size is 7,000 sq ft. It comes with 4 hoists and 2 bays. The monthly receipts are $30,000 a month, net $10,000 a month, and the price is $150,000. If you lease rent will be $12,500. The lease is 2+5.
Asking Price
$150,000
Cash flow
$170,000
Revenue
$964,000
Down
Call/Email
Posting: 283886 | Available | 11/16/23
For sale is a successful auto repair shop located in one of Central California's finest communities. They do everything except body, paint and upholstery work. This is an excellent opportunity with more upside potential.
Asking Price
$449,000
Cash flow
Call/Email
Revenue
$120,000
Down
Call/Email
Posting: 284893 | Available | 5/2/24
This is a high-quality, ASE-certified auto repair shop for sale in Fremont. The shop is clean and roomy. This is not your typical tech shop where it is dirty and messy with parts. There are shared parking spaces with another auto shop next to it. It is approximately 2,400 square feet with 7 bays.
Asking Price
$150,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 285421 | Available | 5/9/24
For sale 8 bays mechanic shop with smog check and repairs. (Assets Sale) It is located in Escondido, CA. Rent is only $3,600 per month. The building size is about 4,700 SQ/FT. The lease is 11 years (asset sale). It has 8 bays and the asking price is $75,000.
Asking Price
$75,000
Cash flow
N/A
Revenue
N/A
Down
$449,000
Posting: 285308 | Available | 4/19/24
Burbank body shop, for an asset sale, is a hard to find body and paint shop. Established and reputable, this full-service collision repair center specializes in luxury vehicles, offering top-tier painting, and mechanical repairs. Strategically located on a busy avenue in L.A.
Asking Price
$449,000
Cash flow
$167,034
Revenue
$1,751,819
Down
$297,000
Posting: 272357 | Available | 2/15/22
Long established Tire & Service Center in a prime location in a medium sized town in San Diego North County with a total of seven neighborhoods that range in size and density. The population is over 20,000 with a wide demographic and active community. Selling tires & service for any budget & vehicle
Asking Price
$495,000
Cash flow
$304,800
Revenue
$1,653,000
Down
Call/Email
Posting: 286328 | Available | 4/29/24
For sale is a 26 year old auto repair business located in prime area of South Orange County. It is 13,000 sq ft with 22 ft ceilings. There is additional outdoor parking for 35 cars. They are increasing revenue year after year with clean financials.
Asking Price
$851,000
Cash flow
$190,185
Revenue
$1,107,280
Down
$60,000
Posting: 282465 | Available | 4/15/24
This is an award-winning classic car restoration gem in Sacramento County! They have had consistent earnings even through Covid with 2022 SDE at $267,970. Focusing on 1950s-1975 domestic vehicles, their expertise in quality restorations results in vehicles that both look and perform great.
Asking Price
$600,000
Cash flow
$292,483
Revenue
$1,133,750
Down
$80,000
Posting: 282827 | Available | 5/6/24
This is an 18-year established family-owned business performing general automotive repairs in Yolo County. The business specializes in engine diagnostics, vehicle maintenance, steering & suspension, tires, AC diagnostics and general repairs of domestic & imported vehicles.
Asking Price
$800,000
Cash flow
$181,871
Revenue
$455,875
Down
Call/Email
Posting: 281865 | Available | 5/8/24
This very profitable auto repair shop is available for sale so the seller can work closer to his North Jersey home. He has operated the business profitably for 16 years with a long commute and now has other interests.
Asking Price
$450,000
Cash flow
$1,812,384
Revenue
$3,815,000
Down
$3,694,000
Posting: 284702 | Available | 4/30/24
This exceptional opportunity presents the chance to own a thriving, high-production luxury auto body, and paint shop in the bustling heart of Los Angeles. Established and reputable, this full-service collision repair center specializes in luxury vehicles, offering top-tier painting, wrapping, etc.
Asking Price
$3,694,000
Cash flow
$201,877
Revenue
$924,521
Down
Call/Email
Posting: 279695 | Available | 6/29/23
This auto repair and service business was founded in 1984. Originally a Porsche specialty shop, over time (in the late '90s) they branched out to all German makes and models. This is an essential service that continues to do well, even in tough times (i.e. the pandemic).
Asking Price
$248,000
Cash flow
$358,700
Revenue
$982,600
Down
Call/Email
Posting: 283496 | Available | 1/4/24
For over 35 years, this auto repair business has been servicing the numerous communities of the High Desert. This is a very profitable full-service shop with the opportunity for the buyer to purchase the real property. Additionally, the business provides a wide range of fleet maintenance services.
Asking Price
$750,000
Cash flow
$77,000
Revenue
$500,000
Down
$20
Posting: 283521 | Available | 2/29/24
This is a well-established, top brand full-service automotive repair franchise resale (not a start-up) with an incredibly good reputation and unprecedented national recognition. Located in Oakland. Extensive Training/Support provided. No experience in automotive is needed or required.
Asking Price
$170,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285085 | Available | 4/30/24
For sale is an established, family-owned automotive repair and service shop located in the city of Santa Clara, California. The business has been thriving for almost 10 years. The shop has 5,000+sq ft. for auto repair. The owner works with one employee.
Asking Price
$275,000
Cash flow
$180,000
Revenue
$540,000
Down
Call/Email
Posting: 280169 | Available | 6/27/23
For sale is an auto repair and maintenance with free drop-off/pick-up services. Why pay more? We beat any written estimates by 10% or more. They do tune-up specials, brakes, transmission services, oil changes, and filters. They do fully synthetic oil change specials.
Asking Price
$160,000
Cash flow
Call/Email
Revenue
Call/Email
Down
All Cash
Posting: 286047 | Available | 4/8/24
The automotive repair business is a single shop with two bays and two lifts. It does not provide services for smog checks or alignments. The operation is managed by one individual, with the assistance of a part-time helper. Monthly revenue typically ranges between $15,000 and $20,000.
Asking Price
$110,000
Cash flow
$148,248
Revenue
$1,010,052
Down
Call/Email
Posting: 280935 | Available | 3/21/24
The most recognized name in the muffler service and repair business, Midas is poised to take advantage of the growing used car market and remain an industry leader. Go with a winner, Midas. Imagine a 42% return on your money and pride of ownership!
Asking Price
$350,000
Cash flow
$190,185
Revenue
$1,107,280
Down
Call/Email
Posting: 282396 | Available | 3/26/24
This is a rare opportunity to own a classic car restoration gem in Sacramento County! Specializes in reviving 1950s-1975 domestic vehicles. Strong earnings, great team, SBA preapproved. Builds cars that look great and run well. Fantastic opportunity for any car enthusiast with a good business sense.
Asking Price
$600,000
Cash flow
$341,000
Revenue
$1,900,000
Down
$544,000
Posting: 283275 | Available | 1/4/24
Being offered for sale is a very profitable tire and auto service business located on a heavily traveled highway in Los Angeles County. The spacious facility is the anchor in an attractive auto plaza occupying 3,800 square feet. The shop features a large showroom and 4 bays.
Asking Price
$544,000
Cash flow
$101,200
Revenue
$260,000
Down
$169,000
Posting: 277241 | Available | 4/16/24
For sale is a well-established auto repair shop with a history spanning 31 years, prominently located on a major high-traffic boulevard in an auto center building. The shop benefits from its 2,800 square-foot unit that offers excellent visibility, easy access, and ample parking.
Asking Price
$169,000
Cash flow
$81,000
Revenue
$443,000
Down
$260,000
Posting: 285904 | Available | 5/1/24
Body Shop, which has been established for 41 years, is the premier auto body shop in Riverside, CA, providing superior auto body services since 1982. The shop specializes in various automotive services ranging from expert collision repair and undetectable color matching.
Asking Price
$260,000
Cash flow
$197,304
Revenue
$998,000
Down
$30
Posting: 281656 | Available | 4/18/24
A new owner is needed for a turnkey auto repair/smog check shop. It has great cash flow and includes all inventory and FF&E. It's well-equipped and maintained with devoted clients in place. The revenue is $998,000/year. The cash flow is $197,304/year. The business has clean financials.
Asking Price
$330,000
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
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
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
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
I am 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 you are looking at California smog shops with the idea of buying one in order to have your own business, you'll be pleased to know this type of company can be quite profitable if operated properly. To get the best return on your investment in this business, plan to work as the test technician.
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.
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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.
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.
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.
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.
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!
Many times when buying a business there are reasons why buying stock or buying assets is the better business decision. We explore these options on the BizBen Blog Post of which option may be better depending on the circumstances of the buyer (and seller) involved in the transaction taking place.
Many business owners fail to maximize their business' value because they don't have a proper strategy in place to do so. Failure to maximize your businesses value will make it harder to attract the most qualified buyers. Have a plan that ensures your business is as attractive & valuable as possible.
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.
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.
Depending on the type of business being sold, a month-to-month situation can be severely detrimental to the value of the business. Peter Siegel, MBA Founder of BizBen (and Lead Facilitator at BizBen) explores the issue of month to month leases in this blog/article.
Throughout the recession, it was very difficult to get approved for business purchase financing. If you are considering incorporating some alternative funding sources in your next small business acquisition, here is what you need to know to protect yourself and your investment.
Using an earn out can benefit both buyer & seller of a business purchase. A recent question by a buyer in the BizBen ProBuy Program about the best way to structure a business earn out prompted me to ask a panel of BizBen Resources how they would deal with the buyers question on earn out structures.
In this month's Business Buyer survey for BizBen.com, we asked participants in our ProBuy Program and 250 other random business buyers what they look for and avoid when looking at a business for sale postings online. Of the 20 potential posting characteristics we asked about, 8 stood out.
In my opinion and experience, an LOI may very well be appropriate for lower middle market transactions of $5,000,000 or more; but, for deals less than that an Asset Purchase Agreement ("APA") with contingencies on the actions of the buyer (and seller) is much more efficient and effective.
80% of all California business buyers never end up buying a business! Many factors contribute to this statistic, but by following the points below and utilizing the ProBuy Method of buying a business you should be successful in locating a business that interests you and completing the transaction!
You have a strong entrepreneurial spirit. You know you want to be a small business owner. Now what? Do you buy an existing business or start one from scratch? An existing business can save a lot of time and effort. I will share with you some of the advantages of buying an existing business.
Showing your business when selling is one of the most important steps in the sale process & how it is done will greatly affect the selling price. There are two areas to be concerned with, how the business looks & how you react to the prospective buyer.
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.
