Cash flow
$177,652
Revenue
$749,000
Down
Call/Email
Posting: 285629 | Available | 3/12/24
This is a 29-year-old electrical contractor providing repair & maintenance services. The business location is in an exceptional SoCal industrial location. The electrical contracting industry is a $173 billion business. The sale price includes four trucks, 70 ft ladder, and a 30 ft cherry picker.
Asking Price
$198,500
Cash flow
$352,715
Revenue
$1,074,031
Down
Call/Email
Posting: 283580 | Available | 3/5/24
This plumbing contractor business, currently headquartered in Marin County, California, has been serving the Bay Area for over half of a century. The company specializes in plumbing solutions and offers a diverse range of services.
Asking Price
$649,000
Bldg Size
800 Sq.Ft
Typical Floor Size
Call / Email
Year Built
1949
Posting: 283422 | Available | 3/4/24
For sale is a 1.3-acre heavy industrial use property with a house/office on-site ready for all of your heavy industrial use needs. All functioning utilities work with an extra septic tank if you want to add an office trailer or another office building.
Asking Price
$550,000
Cash flow
$558,488
Revenue
$1,888,364
Down
Call/Email
Posting: 282731 | Available | 2/27/24
This civil engineering design and consulting company serves the greater Southern California area. They have a stellar reputation among architects, tract home developers, commercial developers, and even high-end single-family homeowners.
Asking Price
$1,799,000
Cash flow
$194,133
Revenue
$1,000,521
Down
Call/Email
Posting: 270440 | Available | 2/27/24
This established HVAC company has a great reputation! It has been established for 27 years. The company primarily works with residential customers. Their vehicles are well maintained. Plenty of opportunities for growth, as work is turned down on a weekly basis. Gross Rev: 1M; Cash Flow: 194K
Asking Price
$850,000
Cash flow
Call/Email
Revenue
$104,000
Down
Call/Email
Posting: 277432 | Available | 2/27/24
For sale is one of the few essential businesses. It is a top pool service route with 50 top accounts. It is open 4 days a week with room for expansion. There is a $6,320 monthly recurring billing, plus repairs and maintenance income. No experience is necessary. Excellent training and backup.
Asking Price
$84,000
Cash flow
$195,684
Revenue
$724,020
Down
$399,000
Posting: 285359 | Available | 2/26/24
This is a profitable home theater and automation company serving DFW for over 20 years, is now available for sale. The company specializes in designing, building, and installing a wide array of home solutions including home theaters, media rooms, golf simulators, home automation, and lighting.
Asking Price
$399,000
Cash flow
$80,000
Revenue
$286,184
Down
$135,000
Posting: 273276 | Available | 2/16/24
This specialty maintenance firm has provided post-construction cleaning services to general contractors (60%-70% of the business), architects, and upscale homeowners in the greater Los Angeles area for over 12 years. The majority of the company's business is now recurring and referral based.
Asking Price
$135,000
Posting: 275411 | Available | 2/14/24
A buyer is seeking an established plumbing business that has been in operation for at least 15+ years. The business should have gross sales in the range of $1million to $3 million annually. We represent a very successful buyer who is looking to expand his current operation.
Cash flow
$196,280
Revenue
$1,194,901
Down
Call/Email
Posting: 285155 | Available | 2/14/24
This is a great opportunity to get involved and monetize in the construction industry, which is booming, especially in Florida. Additionally, flooring is a great sector and nicely diversified due to the demand being driven by both new construction and the R&R (remodeling & renovation) market.
Asking Price
$799,000
Cash flow
$314,442
Revenue
$1,251,118
Down
Call/Email
Posting: 279054 | Available | 2/8/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$1,400,000
Cash flow
$30,296,906
Revenue
$178,182,423
Down
Call/Email
Posting: 281689 | Available | 2/7/24
The business is a highly regarded lath and plaster company operating in the Los Angeles area. They specialize in both exterior and interior lath and plaster applications for residential and commercial projects.
Asking Price
$450,000
Cash flow
$140,000
Revenue
$529,494
Down
$375,000
Posting: 285039 | Available | 2/6/24
This greater Dallas area emergency response and restoration firm specializes in water an fire damage, mold remediation and reconstruction. They work with insurance adjustors, homeowner associators, residential property managers as well as plumbing contractors.
Asking Price
$550,000
Bldg Size
5,430 Sq.Ft
Typical Floor Size
5,430 Sq.Ft
Year Built
1980
Posting: 284938 | Available | 1/31/24
The owner is running the business for a contractors' supplier. The lot size is 5,849 sq ft. It sits in a block from a very busy road near freeway with high visibility form street has own parking. The building has a loft for extra storage room not in the record when they bought it.
Asking Price
$2,400,000
Cash flow
Call/Email
Revenue
$5,370,323
Down
Call/Email
Posting: 284843 | Available | 1/24/24
Become a partner and run your own solar sales franchise opportunity with one of the nation's leading solar companies. This opportunity comes with 10 fully trained work-staff salesmen, minimal startup fees, and a full book of business with over 20,000 warm leads.
Asking Price
$2,000,000
Cash flow
$111,889
Revenue
$1,058,084
Down
Call/Email
Posting: 284836 | Available | 1/24/24
Founded in 1978, this thriving flooring business with 45 years of success has established itself as a staple in the industry. With a consistent stream of contractors, designers, and customers relying on their impeccable flooring solutions, Their reputation drives steady word-of-mouth referrals.
Asking Price
$217,000
Cash flow
$151,000
Revenue
$423,000
Down
Call/Email
Posting: 279784 | Available | 1/24/24
This profitable, top-ranked residential plumbing company has been in SFV for over 30 years! Recommended by the city of Burbank in local area moms' clubs, and it has 100's of satisfied and active customers. It is home based, owner operated all tools and supplies including truck included in the sale.
Asking Price
$310,000
Cash flow
$272,023
Revenue
$1,426,206
Down
Call/Email
Posting: 282460 | Available | 1/22/24
Established over 20 years, this service and repair plumbing business generates over $1mm in sales with 85% customer retention. This business operates out of a 2,000 sq ft. building including a warehouse and is centrally located in East San Diego County.
Asking Price
$599,000
Cash flow
$1,385,000
Revenue
$5,800,000
Down
Call/Email
Posting: 284700 | Available | 1/16/24
For close to 50 years, commercial general contractors and developers have relied upon this company to design and build the best in high-end pools. Superb name-recognition and reputation has kept their customers coming back as their first-choice contractor.
Asking Price
$5,000,000
Cash flow
Call/Email
Revenue
$723,000
Down
Call/Email
Posting: 282935 | Available | 1/12/24
This is an established business with repeating loyal customers since 1972 and positive cash flow. They specialize in frameless glass shower doors, windows, and mirror installation. The sale conveys, misc. small hand tools, office furniture with computers, hardware, and glass inventory.
Asking Price
$174,900
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281337 | Available | 1/8/24
Class B - General Building Contractor. This construction company is an S Corporation with a Class B - General Building Contractor license that can be relocated anywhere in California. The buyer will need an RMO or RME.
Asking Price
$85,000
Cash flow
$225,000
Revenue
$1,000,000
Down
Call/Email
Posting: 271615 | Available | 12/11/23
For sale is this SBA qualified established drywall & painting contractor with 12 employees & an excellent reputation with great reviews online. This business is home-based in Central Orange County and is relocatable. The owner does the estimating and the bookkeeping, and has workers to do the jobs.
Asking Price
$400,000
Cash flow
$375,767
Revenue
$3,024,963
Down
Call/Email
Posting: 281681 | Available | 11/15/23
This firm is one of Santa Clara County's most trusted civil engineering firms. Optional real estate for sale as well. The owner will remain on as an employee for up to 1 year for a smooth transition. The business is pre-approved with the SBA for 5% down and 5% seller carry on full standby.
Asking Price
$1,250,000
Cash flow
$1,211,382
Revenue
$8,405,796
Down
Call/Email
Posting: 283282 | Available | 11/15/23
This well-established metal supply company takes pride in offering swift, friendly, & reliable same or next-day delivery services. Operating in an industry known to thrive even during economic downturns, the business has maintained its high-visibility location at the intersection of major freeways.
Asking Price
$6,200,000
Cash flow
$2,750,000
Revenue
$19,363,000
Down
Call/Email
Posting: 283551 | Available | 10/26/23
This commercial and industrial construction general contractor was founded in 2006 after the founder determined that the construction general contractor that he was working for was on a path to being sold. The Company was extremely successful and grew substantially under his leadership.
Asking Price
$11,000,000
Cash flow
$4,158,196
Revenue
$26,183,000
Down
Call/Email
Posting: 280653 | Available | 10/20/23
This established landscape and construction business is providing quality landscape and construction services throughout Southern California since 2002. They are striving to bring the highest standards of professionalism, service, and quality to every job.
Asking Price
$11,000,000
Cash flow
N/A
Revenue
N/A
Down
$30,000
Posting: 283455 | Available | 10/20/23
Selling all assets utilized for the operation of a structural concrete business with Seller financing on great terms. Must be relocated. Fantastic chance to become an Owner!
Asking Price
$320,000
Cash flow
$210,000
Revenue
$2,000,000
Down
Call/Email
Posting: 283377 | Available | 10/16/23
Iconic 62-year-old Specialty Machine Shop. 2nd generation owner. Company utilizes highly specialized machining and tooling to perform extreme accuracy of dimensions and flatness. AS-9100 and ISO9002 along with ITAR Registration. Long term client base.
Asking Price
$739,000
Cash flow
$180,000
Revenue
$550
Down
Call/Email
Posting: 274482 | Available | 5/19/24
Top brand blinds, shades, shutters, etc retail. Easy to operate profitable and potential business even without advertisements or marketing. Ideal location on a high-traffic major street and the hub of Silicon Valley. Increasing sales yearly with many repeat & new customers. Price was lowered.
Asking Price
$200,000
Cash flow
$427,741
Revenue
$2,899,885
Down
$1,200,222
Posting: 278295 | Available | 5/21/24
New lower price! This company has over 40 years of experience in California's landscape construction and maintenance sectors. This company's stellar reputation and lengthy client list have enabled it to be an industry go to company. The business has concentrated on offering a wide variety.
Asking Price
$1,200,000
Cash flow
$65,000
Revenue
$150,000
Down
$175,000
Posting: 283193 | Available | 4/19/24
This millwork company is a California Sole Proprietorship that has been in operation since 1976, under ownership of the founder. Specializing in custom millwork and cabinetry for the restaurant and bar industry, the business needed no marketing as they are the go-to for several high-end restaurants.
Asking Price
$175,000
Cash flow
Call/Email
Revenue
$600,000
Down
Call/Email
Posting: 286041 | Available | 4/8/24
This online sales business is a one-stop shop, offering a wide range of products in the categories of tools, hardware, toys, and pet supplies. Whether you're a professional tradesperson, a DIY enthusiast, or a pet owner, this business has got you covered.
Asking Price
$1,500,000
Cash flow
Call / Email
Revenue
$10,000,000
Down
Call / Email
Posting: 277083 | Available | 12/13/22
Well established leader in contractor demolition. Concrete demolition and excavation company with more than 30 years of exceptional business track record vetting buyers. 10 million+ in annual sales. Buildings, roads, bridges, runways, and general construction projects with over a 35-year record.
Asking Price
$10,000,000
Cash flow
$249,243
Revenue
$413,345
Down
$669,000
Posting: 286455 | Available | 5/15/24
Civil engineering firms or individuals with PEs who are looking to establish their own firm will find this rare opportunity very attractive. It offers the chance to acquire an established, profitable civil engineering firm with a stellar portfolio of completed projects.
Asking Price
$669,000
Cash flow
$300,000
Revenue
$1,201,731
Down
$30
Posting: 283279 | Available | 5/19/24
(Price reduced) Great opportunity to acquire an established Machine Shop with 27 years of successful operation. Located in the San Francisco Bay Area market, this shop comes equipped with CNC millings, many other machines, and various tools, catering to a range of precision manufacturing needs.
Asking Price
$445,000
Cash flow
$80,000
Revenue
$286,184
Down
$135,000
Posting: 273276 | Available | 2/16/24
This specialty maintenance firm has provided post-construction cleaning services to general contractors (60%-70% of the business), architects, and upscale homeowners in the greater Los Angeles area for over 12 years. The majority of the company's business is now recurring and referral based.
Asking Price
$135,000
Cash flow
$314,260
Revenue
$907,753
Down
Call/Email
Posting: 283188 | Available | 4/2/24
Breez Construction is celebrating 20 years in business! They specialize in concrete, retainment, engineered walls, heavy equipment, flood control, and underground utilities. They also build new construction both residential and commercial, tenant improvements, and remodels.
Asking Price
$10,000,000
Cash flow
$564,000
Revenue
$4,656,752
Down
$200,000
Posting: 285865 | Available | 3/27/24
This established, highly profitable wastewater and septic service business in the upscale East Bay area of Los Angeles presents a unique opportunity. With a loyal customer base and a diversified service portfolio, this acquisition guarantees immediate return on investment and a smooth transition.
Asking Price
$1,850,000
Cash flow
$210,000
Revenue
$2,000,000
Down
Call/Email
Posting: 283377 | Available | 10/16/23
Iconic 62-year-old Specialty Machine Shop. 2nd generation owner. Company utilizes highly specialized machining and tooling to perform extreme accuracy of dimensions and flatness. AS-9100 and ISO9002 along with ITAR Registration. Long term client base.
Asking Price
$739,000
Cash flow
$352,715
Revenue
$1,074,031
Down
Call/Email
Posting: 283580 | Available | 3/5/24
This plumbing contractor business, currently headquartered in Marin County, California, has been serving the Bay Area for over half of a century. The company specializes in plumbing solutions and offers a diverse range of services.
Asking Price
$649,000
Cash flow
$325,000
Revenue
$500,000
Down
$1,285,000
Posting: 281972 | Available | 4/11/24
This Northern California-based window and door screen manufacturer and installer is a California Sole Proprietorship and was formed 14 years ago and has been under the same ownership since inception. The seller possesses a C61 Limited Specialty License D-52 Window Coverings.
Asking Price
$1,285,000
Cash flow
$148,141
Revenue
$339,142
Down
Call/Email
Posting: 282940 | Available | 5/2/24
This Central Coast landscaping company, located slightly North of Santa Barbara, has been successfully operating since 1998. This professional and quality landscaping company specializes in landscape design & installations, stonework, landscape maintenance, gardening, brush trimming, hauling & more.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
$374,479
Down
$220,000
Posting: 274939 | Available | 3/7/23
This Tuolumne County landscaping business has been in operation since 1984 and provides landscape maintenance services to a variety of clients. This turnkey business offers a well-trained staff and loyal customer base, providing an excellent opportunity for a prospective investor.
Asking Price
$220,000
Cash flow
$363,954
Revenue
Call/Email
Down
Call/Email
Posting: 286207 | Available | 4/19/24
With good cash flow, longevity and an award-winning reputation, this turn-key commercial millworks and cabinetry business is poised for a new owner to step in and take the reins.
Asking Price
$1,199,000
Cash flow
$558,488
Revenue
$1,888,364
Down
Call/Email
Posting: 282731 | Available | 2/27/24
This civil engineering design and consulting company serves the greater Southern California area. They have a stellar reputation among architects, tract home developers, commercial developers, and even high-end single-family homeowners.
Asking Price
$1,799,000
Cash flow
Call/Email
Revenue
$250,000
Down
$199,000
Posting: 284705 | Available | 5/8/24
This Northern California based Ready to Assemble (RTA) cabinet supplier is a California Limited Liability Company and was established in 2003 and has been under current ownership since 2022. This company specializes in high quality pre-assembled cabinets that are manufactured in the US only.
Asking Price
$199,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 280509 | Available | 3/15/24
Established in 2004. Specializing in granite and stone installation. The seller will consider assisting buyers in obtaining a C-54 license. Serves Fresno, Clovis, Madera, Coarsegold, Oakhurst, Fowler, Selma, Lemoore, Kingsburg, Hanford, Visalia, Bass Lake, Auberry, Shaver, & Huntington Lake.
Asking Price
$299,000
Cash flow
1,000,000 plus
Revenue
Call/Email
Down
Call/Email
Posting: 257529 | Available | 3/14/23
After 25 years of estatablished business sell to retire and focus on real estate development projects. 2023 on track to show over $1,000,000 in owner benifit. Company includes $400K of hard asset, and Land with house for sale or lease/option.
Asking Price
$4,000,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 277570 | Available | 4/30/24
This is a well-established and cash-flowing landscaping/retail nursery business, with an over 24-year presence in the community, specializing in water gardening, landscaping, pond supplies, and installation, fountains, and aquatic plants and fish. The go-to water gardening supplier in the region.
Asking Price
$1,270,000
Cash flow
$221,684
Revenue
$1,113,349
Down
Call/Email
Posting: 277079 | Available | 2/12/23
This specialty commercial flooring contractor boasts a highly scalable concept crafted to be the foundation of a regional or national market leader, a proven method to install a flooring service and product superior to its competitors, and an internally developed bidding, budgeting, and scheduling.
Asking Price
$1,100,000
Cash flow
$95,910
Revenue
$35,145
Down
Call/Email
Posting: 285922 | Available | 4/1/24
Our client is revolutionizing on-site clean energy. While addressing an existential problem for the world, it will do so with attention to the aesthetics and environmental harmony of its design.
Asking Price
$2,000,000
Cash flow
$316,390
Revenue
$2,406,911
Down
$636,750
Posting: 285715 | Available | 3/19/24
This Northern California based concrete polishing, water proofing and coating company is a California Sub-Chapter S Corporation that has been in operation for the past 21 years, under the ownership of the founder. This is an absentee owner business.
Asking Price
$849,000
Cash flow
Call/Email
Revenue
$104,000
Down
Call/Email
Posting: 277432 | Available | 2/27/24
For sale is one of the few essential businesses. It is a top pool service route with 50 top accounts. It is open 4 days a week with room for expansion. There is a $6,320 monthly recurring billing, plus repairs and maintenance income. No experience is necessary. Excellent training and backup.
Asking Price
$84,000
Cash flow
$300,000
Revenue
Call/Email
Down
Call/Email
Posting: 285492 | Available | 5/6/24
Selling to a motivated buyer who wants to increase business. The seller wants fewer responsibilities but would like to be an employee/RMO for the new buyer. They do a large amount of remodeling for homeowners. It includes: Kitchen, flooring, bathrooms. Owner now is able to include concrete pouring.
Asking Price
$699,000
Cash flow
$71,461
Revenue
$247,444
Down
Call/Email
Posting: 277811 | Available | 8/19/23
This business resurfaces unsightly and ordinary concrete with a beautiful half-inch layer of natural river rock and epoxy. With sales of a quarter million dollars in 2021 and a healthy net profit, the company has a proven 17-year track record. A constant stream of referrals by satisfied customers.
Asking Price
$350,000
Cash flow
Call/Email
Revenue
$5,370,323
Down
Call/Email
Posting: 284843 | Available | 1/24/24
Become a partner and run your own solar sales franchise opportunity with one of the nation's leading solar companies. This opportunity comes with 10 fully trained work-staff salesmen, minimal startup fees, and a full book of business with over 20,000 warm leads.
Asking Price
$2,000,000
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
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
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.
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
What is your goal in 5 years? Do you want to become a business owner? Buying a business can be an exciting, safe opportunity to gain financial freedom. But how to buy the right business? This article will walk you through the process of buying a business.
To start a business or try something new, starting a franchise business is a great option. In this blog, we'll break down everything you need to know about buying a franchise in simple, easy-to-understand terms. This guide is for business owners, whether experienced or new.
Some entrepreneurs believe it's better to start a business from scratch rather than buy an existing enterprise. While this may be good advice in some cases, usually it's not the best strategy. Here are five tips to help a buyer make the right decision from Peter Siegel, MBA On BizBen.
First impressions are critical when selling a business - ask any potential business buyer. Peter Siegel, Founder Of BizBen explains why all potential small business sellers need to make sure that first impression is a good one.
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.
In my experience working with the "right banks and financial institutions" repayment ability sometimes overrules collateral pledged by someone needing financing for a business purchase or a down payment. Peter Siegel, MBA - BizBen's ProBuy, ProSell Lead Facilitator explores this important topic.
Should owners who offer a business for sale reveal to prospective buyers any income that is not recorded in the books? This is a controversial topic with arguments both for and against. Most business sales intermediaries believe if you don't pay tax on it, you can't claim it. Some sellers disagree.
Most business acquisition financing strategies involve borrowing money to meet the purchase price. But an entirely different approach, equity sharing, is sometimes pursued if borrowed money is not wanted, or is not available to complete the purchase. Peter Siegel, MBA - BizBen.com covers this topic.
Buying a small to mid-sized business can be a confusing and/or frustrating process for many buyers. Statistics show that over 80% of all buyers never end up buying a business. The ProBuy Program assists potential buyers with the process of finding, evaluating & buying a small to mid-sized business.
Peter Siegel, MBA discusses buyers who want to buy a business or franchise know about asking the seller to provide part of the financing with a carry-back note. Many business buyers need some cash to help fund the down payment and for working capital. Here are four ideas about how to get that money.
With the multitude of factors that come into play when deciding the appropriate time to inform your employees that your business is for sale, I do not offer a standard or general answer. When sellers consult me as to my opinion on when it is the right time, I like to review the major issues that...
What are actual adjusted net earnings (cash flow) of a small business being purchased with business acquisition SBA Loan financing? That's an important amount that lenders need to know. Peter Siegel, MBA (BizBen.com, SBALoanAdvisors.com Founder) reviews this important concept with BizBen Blog users.
Selling a business is hard enough but using the wrong word, text, and strategy can really delay or outright kill a campaign to sell a small business successfully. Peter Siegel, MBA Founder of BizBen.com shares what words, phrases, and strategies work (and not) when selling a small business online.
The unfortunate truth is that approximately 50% of all small business sales transactions fall through. While failed transactions can happen for a variety of reasons, Peter Siegel, MBA (BizBen Founder & Lead Advisor) discusses the most common reason deals fall through; unrealistic asking prices.
The use of add backs & sellers discretionary cash is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains.
Owners should keep the fact that they want to sell their small business confidential. Before releasing information to prospective buyers, buyers should commit to confidentiality in writing & should understand why it is important. Peter Siegel, MBA a ProBuy and ProSell Advisor with BizBen explains.
First the dreaded statistic: 80% of all business buyers looking to buy a small business never end up doing so! Peter Siegel, MBA BizBen.com Founder & ProBuy Director) covers successful tactics & strategies all business buyers of small to mid-sized businesses should utilize now to buy a business.
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.
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.
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.
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!
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.
