Cash flow
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Revenue
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Posting: 286238 | Available | 5/16/24
Historic restaurant and bar, East of Alpine. This stand-alone 4,500 sq. ft building with a patio and full kitchen equipped with an A1 hood. Keep it as is or explore new concepts. ABC type 47 license available separately. Unlimited potential for menu expansion, live entertainment, and marketing.
Asking Price
$199,000
Cash flow
N/A
Revenue
N/A
Down
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Posting: 285637 | Available | 5/12/24
This is a great opportunity to get into the bar business. This establishment has been around for over a decade. The neighborhood bar is located in a vibrant setting surrounded by multiple restaurants and other bars. This bar is known for creative and fun cocktails. A local iconic spot with regulars.
Asking Price
$399,999
Cash flow
$219,950
Revenue
$219,950
Down
$2,900,000
Posting: 283295 | Available | 5/12/24
This Silverlake restaurant and bar with liquor, onsite parking, and excellent street visibility boasts what may arguably be the most coveted outdoor patio in the area. The venue has 3 dining areas that open into an adjacent bar and outdoor patio. The corner property is included!
Asking Price
$2,900,000
Cash flow
Call/Email
Revenue
$1,400,000
Down
Call/Email
Posting: 286622 | Available | 5/17/24
This is amazing potential to own the land, property, bar & restaurant currently generating $1.4 million in sales revenues with 5,830 sq ft of usable space. In addition, there is 1,124 sq ft of office/storage plus a 1,150 sq ft prior rented commercial unit bringing in an annual rental income of $45K.
Asking Price
$4,800,000
Cash flow
Call/Email
Revenue
Call/Email
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Call/Email
Posting: 286621 | Available | 5/17/24
Look no further! This restaurant is a dream opportunity for a passionate entrepreneur. Recently remodeled and situated in a high-traffic area in Orange County with excellent visibility and convenient access. Fully equipped with top-notch equipment, a stylish interior, and a well-trained staff.
Asking Price
$490,000
Cash flow
Call/Email
Revenue
$1,300,000
Down
Call/Email
Posting: 286578 | Available | 5/15/24
This is an American restaurant and sports bar for sale in Redwood City. They are one of The Peninsula's best restaurants and feature Redwood City's best burger and best ribs. The bar features only local craft beers. They have 16 beer taps and rotate them frequently.
Asking Price
$450,000
Cash flow
Call/Email
Revenue
Call/Email
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Call/Email
Posting: 286577 | Available | 5/15/24
Established in 2021, The Salty Seal has swiftly become the go-to spot for locals and tourist alike, offering a unique fusion of sports, entertainment, delicious food, and craft brews. It is surrounded by a hub of shops, attractions, hotels, and residences.
Asking Price
$795,000
Cash flow
$179,000
Revenue
$1,300,000
Down
Call/Email
Posting: 286576 | Available | 5/15/24
Here is a beautifully designed bar and restaurant in a nice location in downtown Salinas, California. The owners have created a brilliant foundation for an experienced restaurant/bar operator. A strong well-established catering business is included, operated out of the restaurant's kitchen.
Asking Price
$349,000
Cash flow
$360,000
Revenue
$2,200,000
Down
$450,000
Posting: 285177 | Available | 5/14/24
A Mediterranean salad, sandwich, and cocktail bar located near Acadia, is currently available for sale. This business presents a rare opportunity, boasting Hard Liquor licenses #47 and #51. It operates under absentee ownership. This is an easy operation. The store size is 2,500 sq ft.
Asking Price
$939,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 284587 | Available | 5/13/24
Experience the epitome of upscale entertainment and entrepreneurial opportunity with this remarkable venue nestled in the heart of San Francisco's vibrant Polk Corridor and trendy Nob Hill neighborhood. This extraordinary offering comprises a meticulously designed event space. With Type 48 license.
Asking Price
$3,700,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 283195 | Available | 5/13/24
This is a fantastic wine bar w/ bites location with a newly zoned patio for sale in the heart of Oakland's city hall plaza. The well-designed wine bar-bistro style space resides within this stunning historic triangular building at 102 Frank Ogawa Plaza.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
$1,100,000
Down
$350,000
Posting: 286101 | Available | 5/13/24
For sale is a nightclub in Rancho Cucamonga with a #47 license for sale. It also comes with an entertainment license for live bands. It has low rent and is in a busy traffic area. This would be a good space for Korean karaoke or dinner with hard liquor for golfers.
Asking Price
$350,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286524 | Available | 5/10/24
This beautifully appointed restaurant is located in prime downtown Hermosa Beach. Live entertainment is permitted. There is a separate private office, a fully-equipped kitchen, a Type 47 liquor license, and large bar area with 12 tap tower. There is potential to add an outdoor dining deck.
Asking Price
$425,000
Cash flow
$152,600
Revenue
$840,000
Down
$250,000
Posting: 281774 | Available | 5/10/24
This is a restaurant with a hookah cocktail bar, located in the famous NoHo Arts District which is the center of entertainment in LA. It has been established for 18 years, 3 years with the present owner. The building size is 2,100 SF, completely remodeled and upgraded with a modern touch.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285873 | Available | 5/9/24
This extremely well-known and well established bar/club in Chula Vista has been a staple of the community for years, bringing in huge crowds of locals and tourists on a nightly basis. Right on one of the busiest corners in Chula Vista with abundant signage. It has a Type 48 liquor license.
Asking Price
$499,000
Cash flow
Call/Email
Revenue
$1,080,000
Down
Call/Email
Posting: 286500 | Available | 5/9/24
For sale is a great and famous sports bar in La Habra. It is has a great space of 7,500 sq ft. with a party area for teams/groups and game area for kids. It has a great rent of $1,530 including NNN with plenty of parking spaces in the lot. its current monthly sale is $90,000+ with many potentials.
Asking Price
$600,000
Cash flow
Call/Email
Revenue
Call/Email
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Call/Email
Posting: 286463 | Available | 5/8/24
This place has what every business wants & that is location, location, location, right in the heart of historic & downtown Petaluma. It has an open kitchen with a 12' type 1 hood, a separate bar area, a large dining room and plenty of outdoor dining.
Asking Price
$120,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286459 | Available | 5/8/24
Opportunity to purchase a historical destination! The Silver Dollar Saloon is one of Marysville's oldest historical landmarks. Built in the mid 1800's, it stands still in testament of the beautiful craftsmanship of years gone by, and is now the ultimate historical dining experience.
Asking Price
Call/Email
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286465 | Available | 5/8/24
A restaurant and bar, complete with a Type 47 Full Liquor License, is available for sale in the South Bay Area. Specifically Gardena, Los Angeles County, California.
Asking Price
$269,000
Cash flow
Call/Email
Revenue
$1,200,000
Down
$250,000
Posting: 286243 | Available | 5/8/24
A vibrant pizza restaurant and full bar conveniently located in San Mateo County. Offering delicious handcrafted pizzas made with the finest ingredients alongside a selection of cocktails and spirits in a newly built bar area. The bar and restaurant have separate entrances.
Asking Price
$695,000
Cash flow
Call/Email
Revenue
$1,100,000
Down
Call/Email
Posting: 286438 | Available | 5/7/24
Nestled within the tranquil embrace of the Trinity mountains lies a culinary marvel awaiting discovery: the meticulously reimagined Restaurant and Bar. Dating back to 1974, this cherished establishment underwent a visionary transformation in 2015, courtesy of its passionate stewards.
Asking Price
$650,000
Cash flow
Call/Email
Revenue
$2,100,000
Down
Call/Email
Posting: 285248 | Available | 5/7/24
For sale is a high-volume, profitable, rustic restaurant with a hard liquor license. This Franchise opportunity is introduced as a turn-key operation where you don't have to reinvent the wheel. It has come with solid sales exceeding $2,000,000 consistently for the last three years.
Asking Price
$150,000
Cash flow
$133,888
Revenue
$642,190
Down
$525,000
Posting: 286431 | Available | 5/6/24
This cozy and intimate lounge offers a relaxed environment for those seeking a low-key night out in the city. With its soft lighting, comfortable seating, and warm atmosphere, it's an ideal spot to unwind with friends or enjoy a drink.
Asking Price
$525,000
Cash flow
$30,653
Revenue
$1,943,524
Down
$525,000
Posting: 286430 | Available | 5/6/24
This bar with a full kitchen is located in the greater Santa Monica area. The bar is widely considered to be the best in the area and is known for its menu offerings and convivial atmosphere.
Asking Price
$525,000
Cash flow
$277,223
Revenue
$4,353,723
Down
Call/Email
Posting: 284569 | Available | 5/6/24
This is a well-known themed sports bar franchise with a strong following. It has an attractive themed location catering to sports fans and featuring large screen TVs throughout, serving a wide array of casual dining specialties including wings and burgers.
Asking Price
$995,000
Cash flow
$110,000
Revenue
$1,100,000
Down
$70,000
Posting: 286416 | Available | 5/4/24
This fantastic Mexican bar & grill restaurant has a 47 hard liquor license, operates 100% absentee run, experiences heavy traffic in a huge shopping center area, with an annual sale of $1,100,000 and an annual profit of $110,000. Additionally, it features a sport bar and an 800 sqft beautiful patio.
Asking Price
$250,000
Cash flow
$150,000
Revenue
$1,800,000
Down
Call/Email
Posting: 284501 | Available | 5/3/24
This is a long-established American restaurant with a full bar, patio and strong revenue of $1.8m a year, and low rent factor of 8%. The space is 2,500 sq ft. and the rent is $12,500 with 9 years left on the lease. This is an absentee run business and an owner operator can increase the bottom line.
Asking Price
$375,000
Cash flow
$160,435
Revenue
$1,232,233
Down
Call/Email
Posting: 283656 | Available | 5/2/24
Extremely attractive Mexican family restaurant with full liquor and a community favorite for over 40 years! Offering an incredible lease through 2042, with only 2% annual increases every five years. An expansive remodel was completed in 2022 with new equipment, flooring, new lighting & much more!
Asking Price
$299,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286238 | Available | 5/16/24
Historic restaurant and bar, East of Alpine. This stand-alone 4,500 sq. ft building with a patio and full kitchen equipped with an A1 hood. Keep it as is or explore new concepts. ABC type 47 license available separately. Unlimited potential for menu expansion, live entertainment, and marketing.
Asking Price
$199,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 285637 | Available | 5/12/24
This is a great opportunity to get into the bar business. This establishment has been around for over a decade. The neighborhood bar is located in a vibrant setting surrounded by multiple restaurants and other bars. This bar is known for creative and fun cocktails. A local iconic spot with regulars.
Asking Price
$399,999
Cash flow
$219,950
Revenue
$219,950
Down
$2,900,000
Posting: 283295 | Available | 5/12/24
This Silverlake restaurant and bar with liquor, onsite parking, and excellent street visibility boasts what may arguably be the most coveted outdoor patio in the area. The venue has 3 dining areas that open into an adjacent bar and outdoor patio. The corner property is included!
Asking Price
$2,900,000
Cash flow
Call/Email
Revenue
$6,000,000
Down
Call/Email
Posting: 285275 | Available | 2/20/24
Elevate your business portfolio with this lucrative opportunity to join a small chain of highly successful bar and grill franchises. With annual sales surpassing $6 million and a proven track record of excellence, this multi-unit franchise offers a seamless entry into the world of hospitality.
Asking Price
$1,500,000
Cash flow
Call/Email
Revenue
$2,100,000
Down
Call/Email
Posting: 285248 | Available | 5/7/24
For sale is a high-volume, profitable, rustic restaurant with a hard liquor license. This Franchise opportunity is introduced as a turn-key operation where you don't have to reinvent the wheel. It has come with solid sales exceeding $2,000,000 consistently for the last three years.
Asking Price
$150,000
Cash flow
$179,000
Revenue
$1,300,000
Down
Call/Email
Posting: 286576 | Available | 5/15/24
Here is a beautifully designed bar and restaurant in a nice location in downtown Salinas, California. The owners have created a brilliant foundation for an experienced restaurant/bar operator. A strong well-established catering business is included, operated out of the restaurant's kitchen.
Asking Price
$349,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 280883 | Available | 3/30/24
This is a 3,137 rentable sq. ft. bar & lounge space, with a ventless hood kitchen previously licensed to sell full liquor to go, as well as on-premises consumption. This is fully built-out with high-end finishes and fully equipped on the lower level of the marketplace with a dedicated entry.
Asking Price
Call/Email
Cash flow
$85,000
Revenue
$600,000
Down
$170,000
Posting: 286113 | Available | 4/12/24
An outstanding opportunity to own a well-established pizza franchise that has been a staple in the community for over 34 years. This beloved location is renowned for its repeat customers and strong local presence. The restaurant is designed like a sports bar, complete with multiple TVs.
Asking Price
$170,000
Cash flow
$251,700
Revenue
$1,417,400
Down
Call/Email
Posting: 276703 | Available | 4/4/24
For sale is a famous and profitable restaurant with type 47 liquor license near the beach. With a mix of tourists and locals, there is not much competition for group dining. It is a freestanding building with ample parking spaces. It has a reasonable monthly rent of $8,300 for 4,800 sq ft.
Asking Price
$449,000
Cash flow
Call/Email
Revenue
$900,000
Down
Cash Only
Posting: 277755 | Available | 3/11/24
For sale is a bar established for 20-plus years with first-class remodeling completed. The new owner put in a nice kitchen and a full first-class remodel. It is 1 of only 3 bars within 5 miles of the Marine Base. The new owner is moving out of the area. It is run by management.
Asking Price
$600,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286194 | Available | 4/19/24
The location offers superior visibility with great sightlines from passing traffic as well as excellent walkability and foot traffic. The surrounding area includes popular neighboring bars, restaurants, and retail which bring in both daytime and nighttime customers.
Asking Price
$159,000
Cash flow
$160,435
Revenue
$1,232,233
Down
Call/Email
Posting: 283656 | Available | 5/2/24
Extremely attractive Mexican family restaurant with full liquor and a community favorite for over 40 years! Offering an incredible lease through 2042, with only 2% annual increases every five years. An expansive remodel was completed in 2022 with new equipment, flooring, new lighting & much more!
Asking Price
$299,000
Cash flow
$307,452
Revenue
$1,020,000
Down
Call/Email
Posting: 285684 | Available | 3/17/24
This restaurant has a lot of potential as it is located in a plaza with a lot of foot traffic. This restaurant has customers who come to the restaurant and customers who come to the bar, so I think business will be good regardless of which concept the new owner uses.
Asking Price
$449,000
Cash flow
Call/Email
Revenue
$2,493,775
Down
Call/Email
Posting: 286125 | Available | 4/14/24
A fantastic free-standing building with plenty of parking is located in the best area, on a busy street, with the same owner for 50 years. All help is run by 40 employees, and it features a full bar. The space is approximately 4500 sq ft and operates 7 days a week.
Asking Price
$450,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285076 | Available | 3/19/24
Profitable restaurant in prime location in Eastlake. This 4,700 SF restaurant is beautifully designed with a large indoor dining area, a full bar, and a partially covered outdoor dining area. They have a standout end-cap with ample parking and excellent co-tenants in a well-known center.
Asking Price
$299,000
Cash flow
$23,234
Revenue
$561,616
Down
$295,000
Posting: 284154 | Available | 12/4/23
This style restaurant and bar offers a buyer an unbelievable location and at an attractive lease rate from which to launch their own concept, or to build upon its already proven concept.
Asking Price
$295,000
Cash flow
$205,175
Revenue
Call/Email
Down
Call/Email
Posting: 283744 | Available | 4/16/24
This offering for one of the oldest bars in the area is a once in a lifetime opportunity. Real estate is also available separately. It has been owned by the same family for 3 generations. It is located in Saratoga, Santa Clara County, California. It is for sale by the owner.
Asking Price
$500,000
Cash flow
Call/Email
Revenue
$900,000
Down
Call/Email
Posting: 283824 | Available | 5/2/24
This is a high-volume Asian restaurant for sale in Concord. It has been established for many years in the city of Concord with a type 47 hard liquor license. There is a bar area to the left to serve cocktails and liquor drinks. The average gross sale a year is $800,000- $900,000.
Asking Price
$250,000
Cash flow
$109,000
Revenue
$720,000
Down
$375,000
Posting: 286051 | Available | 4/8/24
A long-established cocktail bar is located in a nice area with low rent with a 10-year lease. It has an outside patio, seller has spent $100,000 in capital improvements to improve the business. It is a 2-story facility with 2 pool tables so it is very spacious! Seller financing available.
Asking Price
$675,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 278429 | In Escrow | 8/30/23
This is a great opportunity to purchase a fixturized restaurant in desirable Bressi Ranch. This is a highly rated 4.5-star restaurant averaging $90,000 a month in sales. It is equipped with a large walk-in cooler, beer cooler, and full bar with 14 taps. It is in a highly trafficked neighborhood.
Asking Price
$395,000
Bldg Size
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Typical Floor Size
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Year Built
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Posting: 285891 | Available | 3/28/24
This is a beautiful restaurant bar & lounge in a popular, affluent area of San Francisco surrounded by numerous eating and drinking establishments. In addition to a large bar and a full kitchen, there is a sizable-heated patio for dining, events, private parties and cozy dates.
Asking Price
Call/Email
Cash flow
Call/Email
Revenue
$1,245,000
Down
Call/Email
Posting: 284971 | Available | 3/13/24
Restaurant and Bar with a 47 ABC Liquor License and two patios. Located on a main street in Huntington Beach. Thousands of visitors and local residents walk by and drive by the restaurant daily going to the beach or visiting other restaurants and retailers. Sales volume is $103,750 per month.
Asking Price
575,000+ Inv
Cash flow
$277,223
Revenue
$4,353,723
Down
Call/Email
Posting: 284569 | Available | 5/6/24
This is a well-known themed sports bar franchise with a strong following. It has an attractive themed location catering to sports fans and featuring large screen TVs throughout, serving a wide array of casual dining specialties including wings and burgers.
Asking Price
$995,000
Cash flow
Call/Email
Revenue
$2,700,000
Down
Call/Email
Posting: 284645 | Available | 1/11/24
Inherit the $1.5mm in long term bank debt, pay a landlord security deposit, escrow closing costs and take over this establishment with $2.7mm in 2023 sales revenues with original build out costs of $2.5mm. The sale includes 2 bars both with ABC Type 47 hard liquor licenses.
Asking Price
$0
Cash flow
Call/Email
Revenue
$3,890,645
Down
Call/Email
Posting: 285887 | Available | 3/28/24
There is a great restaurant for sale in the greater Palm Springs area. This restaurant is located in a prime location, close to many attractions in the area. It is known for its excellent food, impeccable service, and inviting ambiance. The restaurant features a spacious dining area.
Asking Price
$1,500,000
Cash flow
Call/Email
Revenue
$1,205,584
Down
Call/Email
Posting: 284983 | Available | 4/29/24
An opportunity awaits with the sale of this Mexican restaurant and bar in Santa Rosa. It is fully-equipped and ready for a seamless transition. Step into a business situated in a prime location within a popular shopping center, surrounded by premier stores and bustling businesses.
Asking Price
$295,000
Cash flow
$530,000
Revenue
$4,500,000
Down
Call/Email
Posting: 253164 | In Escrow | 1/12/24
This is an SBA approved, semi-absentee owned, well-established, turnkey and high-profit upscale restaurant and bar in a unique location are for sale. The restaurant was established in 2006, seller will provide clean books, verifiable financials, and provable cash flow.
Asking Price
$1,495,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 272720 | Available | 3/1/24
De La Vina Lounge in Santa Barbara California, now for lease. Also available, FF&E to purchase for $50,000 and a Type-48 On-Sale General Public Premises for $400,000. This upscale 'dive bar', was recently remodeled. It comes with a strong and loyal customer base and excellent reviews.
Asking Price
$6,300
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
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.
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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
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.
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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.
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.
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.
