Cash flow
$550,000
Revenue
$1,200,000
Down
Call/Email
Posting: 286176 | Available | 4/18/24
For sale is a boba and tanghulu dessert shop franchise located in San Francisco County, CA. This is an excellent location located in a busy shopping mall, a high-foot-traffic area. The brand new shop opened in 2023, and it is easy to operate with the owner not working.
Asking Price
$850,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$195,000
Posting: 286177 | Available | 4/17/24
A well-established absentee-run boba tea shop is for sale. It is located in a busy center in the North County coastal area close to Walmart with high visibility that is near the ocean and receives tourists' foot traffic and city offices. The shopping center has a Tesla charge station,
Asking Price
$195,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286154 | Available | 4/16/24
For sale in Downtown San Francisco, California is an American breakfast restaurant. It is on a busy street and the owner will be retiring. The price is $170,000.
Asking Price
$170,000
Cash flow
Call/Email
Revenue
$550,000
Down
Call/Email
Posting: 285448 | Available | 4/16/24
Established for 14 years under current ownership, this retail food business offers a diverse range of products without the need for production facilities. The organization operates solely in the retail sector, serving a clientele comprising 100% retail customers.
Asking Price
$25,500
Cash flow
Call/Email
Revenue
$779,000
Down
Call/Email
Posting: 285450 | Available | 4/16/24
The business has been established for 15 years under the current owner, operating in the retail sector. It offers various products including food items, with a focus on retail sales and non-production services (no hood). The facility includes essential equipment.
Asking Price
$49,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286145 | Available | 4/16/24
This attractively designed bakery & cafe is an excellent location in a very desirable city in Contra Costa County. The retail store portion in front has an open airy feeling with large glass windows and is nicely appointed with attractively designed display units with seating.
Asking Price
$195,000
Cash flow
$221,832
Revenue
$1,377,481
Down
Call/Email
Posting: 286143 | Available | 4/16/24
In business since 1970 and operated by the present owners for the past 28 years, this iconic breakfast, lunch, and dinner restaurant seating 60 with its separate ABC Type 47 full liquor bar seating a further 50 is for sale.
Asking Price
$645,000
Cash flow
$132,900
Revenue
$730,000
Down
$325,000
Posting: 282971 | Available | 4/16/24
For sale is a bustling cafe situated on one of Los Angeles' most high-traffic thoroughfares, offering an exceptional opportunity to acquire a well-established breakfast and lunch venue that has thrived for over 17 years.
Asking Price
$325,000
Cash flow
$144,000
Revenue
$372,000
Down
Call/Email
Posting: 285104 | Available | 4/16/24
This is an employee-only cafeteria located inside the Budweiser beer factory. Cafeteria sales are $22,000 and vending machine sales are $9,000. It is a very profitable business where you pay $275 per month to the franchise headquarters, pay for ingredients, and do not have to pay rent/utilities.
Asking Price
$265,000
Cash flow
On Request
Revenue
$600,000
Down
$1,150,000
Posting: 283793 | Available | 4/11/24
This California based two location Cafe 1/2 business is in prominent areas of Southern California and was started 11 years ago with one location. The other location is practically brand new, starting just over one year ago. Specializing in European fare crepes, sandwiches, salads, and pastries.
Asking Price
$1,150,000
Cash flow
$45,000
Revenue
$100,000
Down
$139,000
Posting: 284708 | Available | 4/11/24
This NorCal restaurant is a California Sole Proprietorship and has been in operation for only 1 year. Freshly renovated, this eatery is known for their amazing made from scratch pizzas, salads, cakes, and wraps and located next a railroad so they play of the railroad theme in the decor/menu names.
Asking Price
$139,000
Cash flow
$70,000
Revenue
$413,330
Down
$170,000
Posting: 284622 | Available | 4/11/24
For sale is a profitable & low rent 5-day breakfast and lunch restaurant. It comes with hood and large walk-in cooler. Their breakfast & lunch menu consists of breakfast burritos, hamburgers, teriyaki bowls & plates, gourmet salads, healthy wraps, hot & cold sandwiches, and more.
Asking Price
$170,000
Cash flow
$106,000
Revenue
$563,389
Down
$100,000
Posting: 285145 | Available | 4/11/24
An exceptional chance presents itself to acquire a flourishing gourmet coffee and sandwich shop situated in a sought-after shopping center. Boasting a remarkable 35 years of operation, the owner is now preparing for retirement. The location is prime, nestled within a highly desirable shopping hub.
Asking Price
$295,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 270675 | Available | 4/10/24
Located in Santa Barbara, this highly profitable cafe is a bustling scene for breakfast, brunch, and lunch and throughout the day for coffee, tea, and homemade pastries. The diverse menu boasts custom-made sandwiches and soups, delicious entrees, and daily house-made baked goods.
Asking Price
$449,000
Cash flow
Call/Email
Revenue
$400,000
Down
Call/Email
Posting: 283852 | Available | 4/10/24
For sale is a cozy coffee shop with inviting and comfortable atmosphere that encourages patrons to linger, relax, and enjoy their coffee, excellent pastries, sandwiches, salads & more. It is a beautiful, established neighborhood cafe with lots of future potential.
Asking Price
$198,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 274792 | Available | 4/9/24
For sale is a restaurant cafe in Santa Barbara, CA. It is at a high-traffic downtown Santa Barbara location! It is 883 sq. ft(sidewalk tables possible) and rent is $5,000 per month. The lease ends on 2/28/2025 and it was established in 1994.
Asking Price
$249,000
Cash flow
$200,000
Revenue
$1,400,000
Down
All Cash
Posting: 286042 | Available | 4/8/24
The business located in the beautiful Historical Old Town of Orange is very profitable! Its success can be attributed to several factors, including its prime location, high traffic area, and proximity to the circle. The area boasts great visibility, street access, and favorable demographics.
Asking Price
$450,000
Cash flow
Call/Email
Revenue
$432,000
Down
Call/Email
Posting: 285508 | Available | 4/8/24
For sale is a well-established 5-day brunch cafe in the community. Open 6:00 am to 2:00 pm Mon thru Fri. Currently, the restaurant's monthly sale is about $36,000. It's a good size of 2,000 sq. ft with a good rent of $2,650 including NNN and plenty of parking spaces.
Asking Price
$185,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 274213 | Available | 4/5/24
Price lowered. For sale is a Hong Kong-style cafe. This cafe is located across from a high school. The cafe is 1,300 sq. ft and is good as a take-out restaurant. The rent is $320 a month. There's a type 1 hood 16 ft long and a walk-in cooler. The next owner can add more menus or change the concept.
Asking Price
$135,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 280188 | Available | 4/3/24
This is a cafe for asset sale. The price is for a quick sale. There is no competition around. This cafe is located between 15th and 16th Street and has lots of offices in an industrial area (some apartments are there). The seller spent over $150,000 to remodel and change equipment. It is up to code.
Asking Price
$55,000
Cash flow
$77,459
Revenue
$419,845
Down
Call/Email
Posting: 283472 | Available | 4/2/24
This is a cafe for sale on Polk Street in San Francisco's bustling Polk Gulch neighborhood. This stretch of Polk Street is packed with a diverse array of businesses that bring steady foot and vehicle traffic to the area seven days a week.
Asking Price
$99,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 277832 | Available | 4/1/24
For sale is a cafe in an office building with a very attractive rent, way lower than the market rate. Rent is only $1,600 including water, garbage, and utilities. It has been there almost 7 years with very little increase. There is no hood. Business hours are Monday through Thursday, 8am-1:30pm.
Asking Price
$100,000
Cash flow
Call/Email
Revenue
$480,000
Down
Call/Email
Posting: 281976 | Available | 4/1/24
This is an American breakfast and lunch restaurant for sale. This restaurant is located in the little behind of busy shopping center. The size is about 1,900 sq ft. and the rent is $6,000 including CAM (water and garbage are included). The next owner could keep the menu or bring your menu.
Asking Price
$189,999
Cash flow
$144,000
Revenue
$692,000
Down
$240,000
Posting: 261025 | Available | 3/30/24
This is an absentee-run coffee shop at an excellent corner location. They have a stable income and it is near Balboa Pier, Newport Beach. The absentee owner works 5-12 hours per week. 4+5 year long-term lease. They've had the current owner for 6 years. It is an easy operation. Rare opportunity.
Asking Price
$499,000
Cash flow
$152,000
Revenue
$816,000
Down
$250,000
Posting: 283029 | Available | 3/29/24
This flower shop and cafe venture has firmly established itself as the neighborhood's premier destination for exquisite floral arrangements, as well as a diverse selection of coffee, tea, sandwiches, and more. Operating seamlessly from Mon-Wed (10am - 5pm), Thur-Sat (9am - 5pm).
Asking Price
$250,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 282284 | Available | 3/27/24
This coffee shop is a well-established, long-running business with big potential to expand and grow. This is your chance to become your own boss and work your own hours in the heart of Los Angeles. The interior is unique and modern with an outside patio. Profitable business!
Asking Price
$250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285849 | Available | 3/26/24
This is a Subway sandwich shop. The buyer has to convert it into another concept. It is located at a busy shopping center, facing a busy street. It has easy access with plenty of parking. There is a Type 2 hood (can be upgraded Type 1) and grease trap inside. All equipment is included in the sale.
Asking Price
$80,000
Cash flow
$120,000
Revenue
$1,278,000
Down
$449,000
Posting: 285255 | Available | 3/26/24
Nestled in the vibrant heart of Santa Monica, this esteemed cafe offers a unique dining experience that draws locals and visitors alike. Known for its exceptional blend of cosmopolitan flair and intimate ambiance, this establishment has become a beloved staple within the community.
Asking Price
$449,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282529 | Available | 3/11/24
This well-equipped 1,400 sq. ft coffee shop has a cozy interior and an inviting atmosphere. It offers indoor and outdoor seating areas and has a capacity of over 30. The coffee shop creates a welcoming environment for customers to relax, socialize, or work, while enjoying their favorite coffee.
Asking Price
$79,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281491 | Available | 10/4/23
This is a beautiful Italian-style cafe and gelateria that features craft beers and wines on tap. The daily fare includes panini, soups, delectable salads, espresso, and an array of gelato. Guests dine in the open and casually elegant dining room, airy patio, or private nooks.
Asking Price
$199,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286145 | Available | 4/16/24
This attractively designed bakery & cafe is an excellent location in a very desirable city in Contra Costa County. The retail store portion in front has an open airy feeling with large glass windows and is nicely appointed with attractively designed display units with seating.
Asking Price
$195,000
Cash flow
Call/Email
Revenue
$687,094
Down
Call/Email
Posting: 285193 | Available | 2/15/24
An inviting breakfast and lunch cafe nestled in the heart of San Francisco's South Financial District. The cafe has a sleek and contemporary design aesthetic, characterized by modern industrial elements, creating a welcoming atmosphere for diners to enjoy their meals.
Asking Price
$135,000
Cash flow
Call/Email
Revenue
$200,000
Down
Call/Email
Posting: 284309 | In Contract | 12/15/23
This is a cute boba shop for sale in Placerville near El Dorado High School, Union Mine High School and Ponderosa High School. They have a super cute ambiance inside. It is approximately 1,100 square ft with 20 seats. Placerville is one of the best destinations in Northern California for outdoors.
Asking Price
$120,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 282237 | Available | 8/16/23
5-Day Cafe in Hgh-Rise in Long Beach downtown on the ground floor. They have extra storage using free and patio. Surrounded by many corporate offices, Government offices, a big hotel next door, and a lot of condos across the street.
Asking Price
$159,000
Cash flow
$132,900
Revenue
$730,000
Down
$325,000
Posting: 282971 | Available | 4/16/24
For sale is a bustling cafe situated on one of Los Angeles' most high-traffic thoroughfares, offering an exceptional opportunity to acquire a well-established breakfast and lunch venue that has thrived for over 17 years.
Asking Price
$325,000
Cash flow
$24,000
Revenue
$120,000
Down
Call/Email
Posting: 283934 | Available | 1/30/24
Price reduced! This attractive cafe-deli in North County Coastal Area is now available for an asset sale at $50,000 plus inventory. The 1,840 sq ft. space, complete with a patio, offers a great opportunity in a thriving business park. The monthly rent is $3,100.
Asking Price
$50,000
Cash flow
$60,000
Revenue
$360,000
Down
Call/EMail
Posting: 284390 | Available | 12/21/23
This profitable bakery/cafe, located in the ever-popular North Hollywood, offers a wide selection of fresh food, including delicious breakfast burritos, croissants, French pizza, giant bagels with fresh toppings, French churros, puffs, and much more. The seller's retirement is a great opportunity.
Asking Price
$65,000
Cash flow
Call/Email
Revenue
$605,000
Down
Call/Email
Posting: 284630 | Available | 1/11/24
For sale is a charming main street coffee house in Old Town La Quinta. Main Street Coffee, a locally owned and operated coffee house offering an exceptional experience. Renowned for its great coffee, chai teas, and diverse beverage selection, it also serves breakfast sandwiches and baked goods.
Asking Price
$325,000
Cash flow
Call/Email
Revenue
$1,600,000
Down
Call/Email
Posting: 281983 | Available | 2/20/24
For sale is a thriving hookah lounge and cafe, a rare opportunity in Orange County, CA. Conditional Use permits for Hookah, Beer and Wine. Approx 1.6M gross for 2023. Perfect blend of culture, relaxation, and exquisite flavors. Opportunity to expand menu. Excellent net income
Asking Price
$800,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282147 | Available | 3/18/24
For sale is a well-established and famous cafe in Seal Beach Community. It is 3,000 sq ft. plus a spacious patio. There is a full kitchen, walk-in cooler, grease interceptor, and bar. The current rent is about $11,000 including NNN. It has an ABC-47 hard liquor license.
Asking Price
$149,000
Cash flow
N/A
Revenue
N/A
Down
$149,000
Posting: 281502 | Available | 7/5/23
Exciting Short Hours Cafe in San Mateo County. Turnkey 1000sq.ft, Excellent location in a high-tech campus.Loyal customer base Low operational expenses. Huge upside potential. Modern beautiful cafe, recently remodeled new FF&E. Offers delicious breakfast/lunch. Absentee with PT employees.
Asking Price
$149,000
Cash flow
$57,600
Revenue
$158,000
Down
$95,000
Posting: 281057 | Available | 6/5/23
This is an excellent 5-day cafe restaurant on the second floor of the huge medical building and the majority of the customers who come here work inside the building.
Asking Price
$95,000
Cash flow
Call/Email
Revenue
$36,000
Down
$69,000
Posting: 282732 | Available | 9/8/23
For sale is a cafe in a class-A office building in a key area of San Mateo. It is located near a lagoon, so it is perfect for outdoor seating. The current owner is absentee, as he has 2 other businesses. This is a terrific buy for an owner/operator.
Asking Price
$69,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285849 | Available | 3/26/24
This is a Subway sandwich shop. The buyer has to convert it into another concept. It is located at a busy shopping center, facing a busy street. It has easy access with plenty of parking. There is a Type 2 hood (can be upgraded Type 1) and grease trap inside. All equipment is included in the sale.
Asking Price
$80,000
Cash flow
Call/Email
Revenue
$779,000
Down
Call/Email
Posting: 285450 | Available | 4/16/24
The business has been established for 15 years under the current owner, operating in the retail sector. It offers various products including food items, with a focus on retail sales and non-production services (no hood). The facility includes essential equipment.
Asking Price
$49,000
Cash flow
Call/Email
Revenue
$630,000
Down
$190,000
Posting: 285360 | Available | 2/26/24
An exquisite franchise donut and coffee shop now available for sale in a great location in Tarrant County. This is a perfect opportunity for an operator to build upon its past success and to be part of a great brand, without having to go through the typical startup challenges.
Asking Price
$190,000
Cash flow
$185,227
Revenue
$911,725
Down
Call/Email
Posting: 277434 | Available | 4/3/23
This profitable, well-established juice bar and cafe is located in a busy shopping center in a high-earning demographic in SF Bay Area City. This is a turn-key opportunity with all of the equipment in place. The space is vibrant and bright with a beachy feel that draws you in.
Asking Price
$325,000
Cash flow
Call/Email
Revenue
$420,000
Down
Call/Email
Posting: 269822 | Available | 2/19/24
This restaurant was established a long time and the seller has been operating it for the last 20 years. The seller claims the annual net income is $180,000. The payroll is $8,000 per month. PG&E and other expenses are $2,000 per month. The lease is 5 years with a 5 years option.
Asking Price
$299,000
Cash flow
Call/Email
Revenue
$1,242,393
Down
Call/Email
Posting: 285127 | Available | 2/13/24
This niche cafe has placed itself in its own league. Their unique entertainment, group event, and retail niche generate a large portion of their total sales. The Berkeley students, families, and fun-seekers alike love this cafe. Their sales doubled within the past 2 years.
Asking Price
$350,000
Cash flow
$123,000
Revenue
$495,000
Down
Call/Email
Posting: 283607 | Available | 1/10/24
For sale is a super busy, small, coffee shop/cafe. It is open 8AM-3PM, 4 days only! You can see the potential if you open for 5 or 6 days, watch your sales volume jump. A beer & wine license is included. It has a low rent of only $1,640/month. Where can you find that?
Asking Price
$275,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 276784 | Available | 7/10/23
For sale is a deli and cafe in San Diego County. It is a small but cozy cafe to come by for a deli and drink. It is easy to operate, and great location for breakfast and lunch for nearby businesses. It is 320 square feet for $1,450/month (including water and CAM).
Asking Price
$165,000
Cash flow
$77,459
Revenue
$419,845
Down
Call/Email
Posting: 283472 | Available | 4/2/24
This is a cafe for sale on Polk Street in San Francisco's bustling Polk Gulch neighborhood. This stretch of Polk Street is packed with a diverse array of businesses that bring steady foot and vehicle traffic to the area seven days a week.
Asking Price
$99,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 274213 | Available | 4/5/24
Price lowered. For sale is a Hong Kong-style cafe. This cafe is located across from a high school. The cafe is 1,300 sq. ft and is good as a take-out restaurant. The rent is $320 a month. There's a type 1 hood 16 ft long and a walk-in cooler. The next owner can add more menus or change the concept.
Asking Price
$135,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$195,000
Posting: 286177 | Available | 4/17/24
A well-established absentee-run boba tea shop is for sale. It is located in a busy center in the North County coastal area close to Walmart with high visibility that is near the ocean and receives tourists' foot traffic and city offices. The shopping center has a Tesla charge station,
Asking Price
$195,000
Cash flow
$50,000
Revenue
$50,000
Down
$35,000
Posting: 285458 | Available | 3/1/24
For sale is a coffee and sandwich inside a city and private building. It is open 5 days a week so it is easy to operate. For 9 years it has been operated by the present owner. No rent.
Asking Price
$35,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 277832 | Available | 4/1/24
For sale is a cafe in an office building with a very attractive rent, way lower than the market rate. Rent is only $1,600 including water, garbage, and utilities. It has been there almost 7 years with very little increase. There is no hood. Business hours are Monday through Thursday, 8am-1:30pm.
Asking Price
$100,000
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
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
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
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
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
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
Looking to buy restaurant businesses? Check out these tips first to avoid getting blindsided when you buy restaurants. Peter Siegel, MBA with BizBen.com discusses this topic.
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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.
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Demonstrating sufficient cash flow to cover a business acquisition loan is key to getting a lender's approval. But buyer must be knowledgeable. Support a business acquisition loan with the target company's cash flow. And know how to determine the actual cash flow amount. Peter Siegel, MBA explains.
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 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.
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.
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!
There are many myths associated with the process of selling a small business and some of them can actually cause deals to fall through. Don't let your sale be compromised, be aware of these common misconceptions related to the process of selling. Peter Siegel, MBA with BizBen explores this topic.
Only 30% of all small businesses for sale that are put on the market overall are sold! A surprising statistic to most business owners, agents, and brokers trying to sell a small business! If however you follow the strategies (BizBen Protocol Method) in this blog post you should see success!
As an Advisor On BizBen I talk to many California business owners, business buyers, brokers, and agents on a daily basis about valuing California small to mid-sized businesses. Many key factors go into this analysis including market demand, history of earnings, and even how the deal is structured.
One of the most difficult challenges when purchasing a small business is expressed by this prospective buyer of a liquor store who is told by the seller that there is more money being made than shows up on the books. Should the buyer accept that statement by the seller & go ahead with the purchase?
Buyers search for an absentee business, wanting to collect profits generated by a successful enterprise without having to stand at the sales counter or cash register, without having to cook, operate equipment or talk to customers. Peter Siegel, MBA offers his intake on absentee run businesses.
Being an Entrepreneur has its perks, it can also be challenging. You need to make sure you're ready for the challenge. Here's a list of 10 important questions to get you started when buying a business. Peter Siegel, MBA (BizBen Founder) reviews this topic for business buyers of small businesses.
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.
You've found your dream business. You've called/emailed/texted the broker or owner; you've tried to reach out again via phone/email/text. However you're not getting a response and it's getting frustrating. How to get brokers/owners to return your calls/emails/texts - what key strategies to utilize.
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.
The latest BizBen.com survey of Business Brokers and Agents outlined what it takes to be a top ten percent performer in the business brokerage industry. From good communication to utilizing your resources, these traits are something to take note of and put into practice to be successful.
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.
Should business opportunity offering include the real estate? There are no right or wrong answers to the question about whether the seller of a business should include the real property, or sell the company only and continue on as the landlord/lady. Peter Siegel With BizBen.com explores this issue.
Often business buyers actions cause a deal to tank but they never know why. Peter Siegel with the BizBen ProBuy Program discusses what mistakes business buyers make in the search process to buy a business with some of the best business brokers and recent sellers on BizBen about this topic.
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.
