Cash flow
$350,000
Revenue
$1,179,000
Down
All Cash
Posting: 284150 | Available | 12/4/23
Sales service repairs of communications with accounts of casinos, resorts, school districts, Also has its own repeater tower servicing OC, LA & inland empire. They are an authorized dealer for the major brands & sell & service their own proprietary brand, at a much higher margin. Training included.
Asking Price
$1,590,000
Cash flow
$1,564,000
Revenue
$3,330,000
Down
Call/Email
Posting: 283218 | Available | 11/16/23
Boasting a high recurring revenue profile and multi-year contracts, this mission critical communications firm provides best of breed comm's solutions primarily to nuclear power companies and state agencies. Over the past four decades the company has been a technology leader.
Asking Price
$10,000,000
Cash flow
$154,200
Revenue
$493,440
Down
$175,000
Posting: 281698 | Available | 11/4/23
For sale is a Metro by T Mobile store. It is one of the top 5 busiest throughout the 84 stores. About 3 years ago, there were 1,500 walk-in payment center customers a month. They get over $2.3 to $2.6 million in revenue including payment center activity. It has very high traffic.
Asking Price
$175,000
Cash flow
$471,956
Revenue
$2,342,458
Down
Call/Email
Posting: 283626 | Available | 10/31/23
The agency is a leading player in the field of lead generation, specializing in paid social advertising and strategic cold outreach. With an impressive track record, they are renowned for their unmatched expertise in LinkedIn marketing. Their team excels in crafting tailored strategies.
Asking Price
$1,600,000
Cash flow
$225,000
Revenue
$3,300,000
Down
Call/Email
Posting: 283241 | Available | 10/7/23
The Company is the global leader in off-the-shelf enabling tools, compliance, delivery and end user billing for the SMS SaaS customers. The company has strategically placed itself at the crux of regulatory compliance of SMS messaging and is seeking a supportive partner.
Asking Price
$5,000,000
Cash flow
$112,509
Revenue
$434,311
Down
Call/Email
Posting: 283212 | Available | 10/4/23
This custom sign shop was started in 1988 and they have grown over the years with the focus on being the professional sign business with a great reputation taking pride in the work they do. They fabricate, install, and repair all types of signs. They have a large customer base.
Asking Price
$285,000
Cash flow
$7,500
Revenue
$210,000
Down
Call/Email
Posting: 283012 | Available | 9/24/23
This one stop shop offers the private mail box rentals, packing, UPS, FedEx, DHL and USPS shipping services with the notary services and much much more. This mail box rental store is hands down the best in the area and all services for any mailing related things in one location.
Asking Price
$249,000
Cash flow
$170,000
Revenue
$890,000
Down
Call/Email
Posting: 279769 | In Contract | 8/22/23
Established in 1987, this communications company specializes in 2-way radios with a niche market in sales, installations, and repair. They are also an established manufacturer warranty repair center for its brands. They provide services to school districts, hospitals, ambulance companies, and more.
Asking Price
$280,000
Cash flow
$36,000
Revenue
$132,000
Down
$119,000
Posting: 282158 | Available | 8/12/23
This great one-stop shop offers private mail box rentals, packing, UPS, FedEx, DHL, U-haul, USPS, and much more. This mailbox location is definitely a hidden gem as they can pack, and ship anything to anywhere in the world and this place is so amazing.
Asking Price
$119,000
Cash flow
$3,030,000
Revenue
$19,500,000
Down
Call/Email
Posting: 280367 | Available | 7/2/23
This is a stocking distributor of communications products & equipment used in voice, data, and security installations. Caters to commercial, industrial, communication, government, and OEM industries. Headquartered in Southern California. The seller will exit gradually or might stay on indefinitely.
Asking Price
$13,000,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 280277 | Available | 4/19/23
Profitable cell phone repair business in Tarzana, CA. A dedicated client base and store are profitable. The owner is going into another area of business and is motivated to sell.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 274581 | Available | 3/15/23
This is a well-known franchise in one of the strongest and fastest-growing cities in the Upper Peninsula of Michigan. The owner is ready to retire and will fully cooperate with the transition. Why live in a big city when you can have a decent cost of living? This is a great place to raise a family.
Asking Price
$275,000
Cash flow
$1,445,000
Revenue
$8,218,000
Down
Call / Email
Posting: 275947 | Available | 9/25/22
Founded in 2007, the Company provides best of breed photography workshops for different genres of photography such as landscape, wildlife, cultural, travel, street, documentary, and many more styles, at different locations across the globe covering around 28 countries.
Asking Price
$12,000,000
Cash flow
$6,750
Revenue
$29,700
Down
Call
Posting: 273249 | Available | 6/23/22
Our client has an innovative blockchain platform that operates as a digital marketplace where users can create coins and smart contracts to trade assets, goods, and services using a digitally encrypted, peer-to-peer blockchain exchange system. With our client's platform, users can create, transact
Asking Price
$250,000
Cash flow
$14,200
Revenue
$36,900
Down
Call
Posting: 273281 | Available | 5/6/22
Our client offers a NFT fantasy franchise sports platform, built on blockchain technology, that introduces true in-game ownership of franchises, teams, and players through the use of NFTs (Non-Fungible Tokens). Unique to our client, customers will own their franchise and their players indefinitely,
Asking Price
Call
Cash flow
$10,000
Revenue
$12,000
Down
Call
Posting: 269403 | Available | 9/2/21
This well-established brand provides a unique, all-in-one web-based SaaS platform for generating dynamic QR codes with tracking and reporting capabilities, as well as a full featured website builder for developing custom mobile landing pages and micro-sites.
Asking Price
$115,000
Cash flow
$400,000
Revenue
$1,100,000
Down
Call/Email
Posting: 272547 | Available | 4/26/24
For sale is a professional service company providing written translation and oral interpretation services in 200 languages for clients worldwide: government agencies, NGOs, business entities, etc. The business has an extensive team of language experts and a broad client base, and operates virtually.
Asking Price
$1,495,000
Cash flow
$111,152
Revenue
$243,585
Down
Call/Email
Posting: 283296 | Available | 1/11/24
This is a postal store offering much more than just shipping and P.O. Boxes. In addition to FedEx, DHL, and USPS this location also offers Digital Mail Boxes, Certifix Live Scan, U-Haul rentals, purified drinking water, auto detailer water, and even more. This is a non-franchise postal store.
Asking Price
$300,000
Cash flow
$310,115
Revenue
$824,054
Down
Call/Email
Posting: 284671 | In Contract | 1/13/24
This shop established in 2004 does mailing, shipping, packaging, mailbox rental, copy, printing, and fax services, notary public services, live scan service, key copy service, passport photos, office supplies, and much more. The average cash flow is consistently $310K with a 38% profit margin.
Asking Price
$948,000
Cash flow
$112,509
Revenue
$434,311
Down
Call/Email
Posting: 283212 | Available | 10/4/23
This custom sign shop was started in 1988 and they have grown over the years with the focus on being the professional sign business with a great reputation taking pride in the work they do. They fabricate, install, and repair all types of signs. They have a large customer base.
Asking Price
$285,000
Cash flow
$422,000
Revenue
$1,335,000
Down
Call/Email
Posting: 285577 | Available | 3/8/24
This digital agency has been growing rapidly over the last 5 years, launched its first monetized SaaS product in 2023 and is looking for a growth partner to help take advantage of on-the-horizon opportunities. The Company primarily serves ecommerce clients.
Asking Price
$1,750,000
Cash flow
Call/Email
Revenue
$450,000
Down
Call/Email
Posting: 283841 | Available | 1/30/24
Step into a well-established sign manufacturing business in the heart of Orange County. With a robust history since 1984, this company shines with $450k in sales. This business specializes in high-quality custom architectural signage and has built a stellar reputation.
Asking Price
$149,000
Cash flow
$3,030,000
Revenue
$19,500,000
Down
Call/Email
Posting: 280367 | Available | 7/2/23
This is a stocking distributor of communications products & equipment used in voice, data, and security installations. Caters to commercial, industrial, communication, government, and OEM industries. Headquartered in Southern California. The seller will exit gradually or might stay on indefinitely.
Asking Price
$13,000,000
Cash flow
$225,000
Revenue
$3,300,000
Down
Call/Email
Posting: 283241 | Available | 10/7/23
The Company is the global leader in off-the-shelf enabling tools, compliance, delivery and end user billing for the SMS SaaS customers. The company has strategically placed itself at the crux of regulatory compliance of SMS messaging and is seeking a supportive partner.
Asking Price
$5,000,000
Cash flow
$83,000
Revenue
$373,000
Down
Call/Email
Posting: 284120 | Available | 3/8/24
For sale is a profitable sign and graphic company with state-of-the-art equipment. It is a turn-key business in Santa Clarita Valley and it is priced to sell! In business since 2012 servicing approximately 40% vehicle graphics, 40% vinyl/other signage & 20% large building signs.
Asking Price
$100,000
Cash flow
$14,200
Revenue
$36,900
Down
Call
Posting: 273281 | Available | 5/6/22
Our client offers a NFT fantasy franchise sports platform, built on blockchain technology, that introduces true in-game ownership of franchises, teams, and players through the use of NFTs (Non-Fungible Tokens). Unique to our client, customers will own their franchise and their players indefinitely,
Asking Price
Call
Cash flow
$1,320,000
Revenue
$1,440,000
Down
Call/Email
Posting: 285919 | Available | 4/4/24
Our client is a managed services provider, located in one of the most desirable locations in the United States. They focus on voice and data solutions, cloud services (including cloud web hosting), domain registration/management, and IP camera security. Their services include cloud-based circuit.
Asking Price
$4,875,000
Cash flow
$468,000
Revenue
$837,750
Down
Call/Email
Posting: 285921 | Available | 4/1/24
The Company provides a leading suite of software and service solutions to support healthcare providers. Products and services included are Patient Assistance Program for Prescription Drugs Software (PAP), 'onshore' based Medical Billing, Credentialing, Collections and Denial Management Services,
Asking Price
$3,000,000
Cash flow
$170,000
Revenue
$890,000
Down
Call/Email
Posting: 279769 | In Contract | 8/22/23
Established in 1987, this communications company specializes in 2-way radios with a niche market in sales, installations, and repair. They are also an established manufacturer warranty repair center for its brands. They provide services to school districts, hospitals, ambulance companies, and more.
Asking Price
$280,000
Cash flow
Call/Email
Revenue
$275,000
Down
$150,000
Posting: 283238 | Available | 3/15/24
This Silicon Valley based Mail Center Franchise has been in operation for 6 years under current ownership and is a California Limited Liability Company. They can provide local, national, and international shipping services. They do not have live scan or freight service.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$450,000
Posting: 285712 | Available | 3/20/24
For sale are 5 established cell phone business locations in 5 different cities, by a major provider, such as AT&T, Verizon, T Mobile, and Metro By T Mobile. The locations generate a net income of +/- $50,000-$60,000/m. You must have cell phone experience in the businesses to qualify!
Asking Price
1,350,000+ Inv
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285332 | Available | 2/23/24
This is an established postal franchise with good shipping and mailbox rental income. Located in a popular coastal community of San Diego this store has little competition and enjoys a steady stream of daily foot traffic, including loyal locals who rely on its services for all their postal needs.
Asking Price
$125,000
Cash flow
$36,000
Revenue
$140,000
Down
$45,000
Posting: 286316 | Available | 4/29/24
This great one-stop shop offers private mailbox rentals, packing, UPS, FedEx, USPS, and much more. This mailbox store is definitely a hidden and undiscovered gem. The store is the nicest, most professional, outstanding, and caring mailbox rental and shipping center.
Asking Price
$45,000
Cash flow
$350,000
Revenue
$1,179,000
Down
All Cash
Posting: 284150 | Available | 12/4/23
Sales service repairs of communications with accounts of casinos, resorts, school districts, Also has its own repeater tower servicing OC, LA & inland empire. They are an authorized dealer for the major brands & sell & service their own proprietary brand, at a much higher margin. Training included.
Asking Price
$1,590,000
Cash flow
$106,958
Revenue
$327,146
Down
Call/Email
Posting: 279369 | Available | 2/20/24
Don't miss the opportunity to own an established Postal Annex franchise. This profitable business is located in a popular shopping center, surrounded by well-known restaurants, retail establishments, and a grocery store which generates foot traffic and a loyal customer base.
Asking Price
$160,000
Cash flow
$180,530
Revenue
$513,000
Down
Call/EMail
Posting: 286204 | Available | 4/19/24
This is a great opportunity to acquire a well-known direct mail company in the Central Valley. The business has an extensive portfolio of businesses that advertise with them. After 32 years, the owner is ready to pass the baton and set up to retire.
Asking Price
$545,000
Cash flow
$471,956
Revenue
$2,342,458
Down
Call/Email
Posting: 283626 | Available | 10/31/23
The agency is a leading player in the field of lead generation, specializing in paid social advertising and strategic cold outreach. With an impressive track record, they are renowned for their unmatched expertise in LinkedIn marketing. Their team excels in crafting tailored strategies.
Asking Price
$1,600,000
Cash flow
$60,000
Revenue
$144,000
Down
$68,000
Posting: 284625 | Available | 4/11/24
For sale is an independent PO box, shipping, postal, mailbox and business service business in the South Bay. Services include UPS, DHL, FedEx, color copies, fax, virtual mailboxes, 240 P O boxes with 70% rented, key cutting, shredding, +++. It is approximately 1,000 sq. ft and is owner-operated.
Asking Price
$78,000
Cash flow
Call/Email
Revenue
$124,000
Down
Call/Email
Posting: 285994 | Available | 4/4/24
This is an independent store established for 30 years, fully equipped with 300+ P.O. boxes, shipping, postal, and USPS services. It offers FedEx, USPS, and UPS drop-off, P.O. mailboxes (300+ boxes with 163 rented), notary services, black & white copies, FAX, key cutting, laminating, and more.
Asking Price
$45,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 286071 | Available | 4/9/24
This Total by Verizon is the only TBV located in the city of Compton, it has a great store front located in an amazing plaza. One of many to be up for sale. Join the new leader in prepaid wireless.
Asking Price
$70,000
Cash flow
$65,000
Revenue
$150,000
Down
$225,000
Posting: 284706 | Available | 4/11/24
This San Joaquin Valley-based Mail Center Franchise is a California Limited Liability Company and has been in operation for 25 years and under current ownership since inception. They are very well established in the San Joaquin Valley and have a great reputation for providing mail center services.
Asking Price
$225,000
Cash flow
$1,445,000
Revenue
$8,218,000
Down
Call / Email
Posting: 275947 | Available | 9/25/22
Founded in 2007, the Company provides best of breed photography workshops for different genres of photography such as landscape, wildlife, cultural, travel, street, documentary, and many more styles, at different locations across the globe covering around 28 countries.
Asking Price
$12,000,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285290 | Available | 2/22/24
Postal franchise opportunity in North County San Diego! Situated within an affluent shopping center, this franchise has ample parking and steady foot traffic, drawing both local residents and regular patrons seeking postal services. Currently operated absentee, this presents a prime chance.
Asking Price
$90,000
Cash flow
$600,000
Revenue
Call/Email
Down
$450,000
Posting: 285714 | Available | 3/20/24
For sale are 5 established cell phone business locations in 5 different cities, by a major provider, such as AT&T, Verizon, T Mobile, and Metro By T Mobile. The locations generate a net income of +/- $50,000-$60,000/m. You must have cell phone experience in the businesses to qualify!
Asking Price
1,360,000+ Inv
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
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
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
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
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
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
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
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
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.
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.
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.
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.
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.
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!
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.
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 idea to have a buying a business checklist follows the adage that it's always useful to start with a plan when searching to buy a small business for sale. Peter Siegel, MBA Founder of BizBen.com and top advisor of the BizBen ProBuy Program suggests six items for all business buyers to utilize.
The key to finding the ideal business broker or agent and selling a small business is asking the right questions and getting the right answers back! Peter Siegel, MBA with BizBen & several top business brokers and agents in California (ProIntermediaries) contribute to this topic to assist sellers.
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.
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.
Peter Siegel, MBA - Lead Advisor with the BizBen.com ProSell Program discusses critical steps to prepare a small to mid-sized business including: which documents will be needed, key advisors to have involved, pricing the business, and how to attract the right business buyers to your listing.
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.
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.
Peter Siegel, MBA - BizBen Founder & Director of the ProBuy/ProSell Programs explores why earnest money deposits when opening escrow (and bulk sale) serve several important purposes when buying or selling a small business in California. For Buyers not offering a realistic deposit may be a problem.
Successful sellers of small businesses need a game plan to sell their California small business for maximum price and for the best terms. Peter Siegel, MBA discusses these seller strategies with BizBen Blog readers based on his experience as the lead Advisor with the ProSell Program on BizBen.com.
Avoiding the obvious mistakes when selling a small business is important if you want to sell your business. Peter Siegel, Director of BizBen and the BizBen ProSell Program discusses what fatal mistakes business owners should avoid when selling their small to mid-sized California business.
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?
The economy has started to repair itself since the recession. While things may never be what they were in the past, the economy and small businesses have started to gain some form of momentum again. If you are considering buying a small to mid-size business consider these recession proof businesses.
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.
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.
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.
