Cash flow
Call/Email
Revenue
$300,000
Down
Call/Email
Posting: 283192 | Available | 11/14/23
For asset sale is an existing Subway franchise sandwich shop that could be converted to any kind of restaurant. It's located in Fremont, California (Alameda County) for only $90,000.
Asking Price
$90,000
Cash flow
$283,605
Revenue
$724,000
Down
Call/Email
Posting: 276373 | Available | 5/30/23
Dairy Queen Franchise available in Bermuda Dunes. Great location in a busy shopping center that is anchored by Stater Brothers Market. This is an established business of 17 and has many regular returning customers. This is a great opportunity to be your own boss!
Asking Price
$495,000
Cash flow
Call/Email
Revenue
$403,000
Down
$115,000
Posting: 275633 | Available | 5/21/23
This sandwich shop features outdoor seating in a popular shopping center surrounded by major retailers. The franchise offers one of the finest training programs in the industry as well as ongoing support for owners and an amazing advertising program. The store is off of a major highway.
Asking Price
$190,000
Cash flow
$180,000
Revenue
$576,000
Down
$90,000
Posting: 277471 | Available | 3/29/23
This franchise sushi bar is inside a marine base of the Yucca valley area. There is no rent or utility. The buyer needs approval from the franchisor so they charge a franchise fee. $4,500 for 5 years and the 2-week training fee is $1,500 and given to 64% of the monthly receipts every 4 weeks.
Asking Price
$90,000
Cash flow
$180,000
Revenue
$1,210,000
Down
Call/Email
Posting: 276399 | Available | 3/18/23
For sale is an SBA pre-approved, highly-profitable national sandwich franchise. Loan payments are estimated at approximately $5k per month (4% of revenues) for a fixed 10-year loan at 9% interest. It has strong demographics where the business is located with excellent traffic.
Asking Price
$496,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$20
Posting: 256544 | Available | 3/9/23
This is a Del Taco famous franchise business opportunity with property for sale. The free-standing building with a drive facility is doing over $1.3 million plus business annually. The lot size is approximately 30,000 sq ft. It is the second leading brand in the fast-growing Mexican QSR category.
Asking Price
$2,400,000
Cash flow
N/A
Revenue
$279,066
Down
Call/Email
Posting: 277999 | Available | 2/12/23
This Whittier quick service venue boasts a versatile layout with solid street visibility and freeway access. The venue, which is located in a corner location on a popular throughfare, can be rebranded as any number of similar or alternate quick service concepts.
Asking Price
$70,000
Cash flow
$90,000
Revenue
$494,300
Down
Call / Email
Posting: 276437 | Available | 1/25/23
This is a rare opportunity for a new owner-operator to take over this long-established ice cream store. The franchise agreement is signed until 5/31/2025. There is huge potential to grow the business even further with an owner-operator. Currently has increased sales (annual estimated $478,000+).
Asking Price
$350,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Please call
Posting: 278500 | Available | 1/23/23
Very popular and growing franchise food restaurant. 5 months young, current sales 60K per month and increasing.
Asking Price
$450,000
Cash flow
Call / Email
Revenue
$600,299
Down
Please call
Posting: 278498 | Available | 1/23/23
Very popular fast growing around the country franchise food restaurant, one year young with sales increasing.
Asking Price
$400,000
Cash flow
$220,000
Revenue
$1,003,943
Down
$200,000
Posting: 278459 | Available | 1/20/23
Very Popular Flourishing Fast Food Franchise Restaurant. The sales in 2022 were $1,003,943 with a high profit margin.
Asking Price
$650,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 278458 | Available | 1/20/23
This is a very popular fast-food franchise, and sales have been increasing. It is brand new, just 3 months old. The sales in 2022 October started with $45K/mo and already crossed $60K+/mo. Per seller, it will cross 100K sales/month in the future. The store size is 1,850 sq. ft. Rent is $8,200.
Asking Price
$400,000
Cash flow
Call / Email
Revenue
$2,595,232
Down
Call / Email
Posting: 277015 | Available | 11/28/22
For sale are 4 units of Long John Silver's franchises. There are new fryers, new exhaust systems, and new HVAC in 2020. There is upgraded security and back-of-house technology in 2021 with parking lot upgrades in 2022. There was a plumbing & HVAC replacement in 2019. $50k each unit.
Asking Price
50,000 Each
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 261636 | Available | 7/3/22
Best sub sandwiches franchise. Made from high quality ingredients. This is a great place to come grab a quick healthy food and there are lots of options to choose from. This is a well known and one of the fastest growing franchises.
Asking Price
$169,000
Cash flow
$80,000
Revenue
$500,000
Down
50% Max
Posting: 254550 | Available | 10/5/20
Annual Sales: approximately $500,000. Net: approximately $80,000+. Size: approx. 2,000 sq. ft. Rent: $7,200 including NNN. Lease: 5 years plus option.
Asking Price
$270,000
Cash flow
Call/Email
Revenue
$662,200
Down
Call/Email
Posting: 281173 | Available | 3/26/24
Over 48 years of long-standing deli and cafe franchise with a large presence throughout the Bay Area. Their sandwiches, soups, and salads are made with fresh, quality ingredients.
Asking Price
$185,000
Cash flow
$169,766
Revenue
$769,645
Down
$150,000
Posting: 282090 | Available | 3/20/24
This is a long established Franchise Pizza Restaurant located in a BUSY San Francisco Area. They have many loyal dine-in customers in addition to their Corporate and School Caterings. They also serve Pasta, Salads, and Wings. Experienced Team in place. Franchise Training and Support available.
Asking Price
$150,000
Cash flow
$55,200
Revenue
$552,000
Down
$169,000
Posting: 282855 | Available | 4/11/24
Price reduced! For sale is a delicious Papa John's pizza franchise located in the Pomona area. It is fully equipped with everything you need. There is a large walk-in refrigerator too. It has a low rent of only $3,800/month, NNN included, and a lease of 5 years + a 5 year option.
Asking Price
$189,000
Cash flow
$231,903
Revenue
$1,780,399
Down
Call/Email
Posting: 274272 | Available | 3/22/24
This high-volume Fatburger/Buffalo Cafe is located on a street with heavy foot traffic near commercial businesses and universities. Fatburger is a quick casual, take-out & sit-down hamburger chain founded in 1952. It features freshly prepared, cooked-to-order food prepared in full view of guests.
Asking Price
$895,000
Cash flow
$36,000
Revenue
$264,000
Down
$169,000
Posting: 269369 | Available | 4/16/24
For sale is a Tutti Frutti Frozen Yogurt franchise. It's been established for over 8 years and the current owner has operated for over 3 years. It's a turnkey business that is help run and the owners work one day a week to drop off some merchandise. This business is a licensee and has no royalty.
Asking Price
$169,000
Cash flow
N/A
Revenue
N/A
Down
$29,500
Posting: 277107 | Available | 4/18/24
Exclusive licensing opportunity for the only "Walk Around" Handmade Pizza product in the food service industry! Sold in well-known venues like Disneyland, San Diego Zoo, Sports stadiums, Grand Prix, Breweries, Fairs, specific territories, and much more. Let us set up a meeting with the Licensor!
Asking Price
$29,500
Cash flow
$180,779
Revenue
$1,082,692
Down
Call/Email
Posting: 282280 | Available | 4/22/24
For sale is a high-volume end-cap Baja Fresh franchise located conveniently off the freeway! Baja Fresh Mexican Grill opened its first restaurant in 1990 featuring all-fresh, traditional fire-grilled favorites, with handmade and farm-fresh ingredients. Today, Baja Fresh is owned by Kahala Brands.
Asking Price
$455,000
Cash flow
Call/Email
Revenue
$600,000
Down
$199,000
Posting: 280008 | Available | 1/25/24
A well-established, fully upgraded in 2023 to a new look, Togo's Sandwiches Franchise is in the most active location in Alameda County, California. The current menu serves sandwiches, salads, chips, and drinks, fully staffed with high-quality employees. The absentee owner is doing exceptionally.
Asking Price
$199,000
Cash flow
$324,000
Revenue
$2,320,000
Down
Call/Email
Posting: 283353 | Available | 3/22/24
It had a strong pandemic recovery with a long-term lease. This opportunity is a turnkey opportunity! Denny's Inc. has over 1,600 quality full-service Denny's restaurants across the United States. 1 million dollars net worth with at least $500K liquid. Restaurant experience required.
Asking Price
$885,000
Cash flow
Call/Email
Revenue
$403,000
Down
$115,000
Posting: 275633 | Available | 5/21/23
This sandwich shop features outdoor seating in a popular shopping center surrounded by major retailers. The franchise offers one of the finest training programs in the industry as well as ongoing support for owners and an amazing advertising program. The store is off of a major highway.
Asking Price
$190,000
Cash flow
$120,000
Revenue
$588,000
Down
Call/Email
Posting: 276834 | Available | 4/4/24
For sale is a profitable dessert store franchise located in a very busy area near a college. It is very well-established and maintained. The rent is $6,884 for 999 sq ft. and the lease term is 6+3 years. The monthly gross is $49,000 and the net income is $10,000.
Asking Price
$239,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 278458 | Available | 1/20/23
This is a very popular fast-food franchise, and sales have been increasing. It is brand new, just 3 months old. The sales in 2022 October started with $45K/mo and already crossed $60K+/mo. Per seller, it will cross 100K sales/month in the future. The store size is 1,850 sq. ft. Rent is $8,200.
Asking Price
$400,000
Cash flow
$220,000
Revenue
$1,003,943
Down
$200,000
Posting: 278459 | Available | 1/20/23
Very Popular Flourishing Fast Food Franchise Restaurant. The sales in 2022 were $1,003,943 with a high profit margin.
Asking Price
$650,000
Cash flow
Call/Email
Revenue
$409,000
Down
$115,000
Posting: 284656 | Available | 2/20/24
Edible Arrangements is a well established brand and franchise. They provide a variety of products for every occasion. They offer fresh handcrafted fruit and treats to celebrate all of life's milestones. It is at a great location.
Asking Price
$115,000
Cash flow
Call / Email
Revenue
$2,595,232
Down
Call / Email
Posting: 277015 | Available | 11/28/22
For sale are 4 units of Long John Silver's franchises. There are new fryers, new exhaust systems, and new HVAC in 2020. There is upgraded security and back-of-house technology in 2021 with parking lot upgrades in 2022. There was a plumbing & HVAC replacement in 2019. $50k each unit.
Asking Price
50,000 Each
Cash flow
$90,000
Revenue
$494,300
Down
Call / Email
Posting: 276437 | Available | 1/25/23
This is a rare opportunity for a new owner-operator to take over this long-established ice cream store. The franchise agreement is signed until 5/31/2025. There is huge potential to grow the business even further with an owner-operator. Currently has increased sales (annual estimated $478,000+).
Asking Price
$350,000
Cash flow
Call/Email
Revenue
$468,000
Down
Call/Email
Posting: 284470 | Available | 3/11/24
Subway is an American multinational restaurant franchise that specializes in submarine sandwiches, wraps, salads, and drinks. With 20,603 locations in more than 100 countries and territories, Subway is the largest single-brand restaurant chain and the largest restaurant operation in the world.
Asking Price
$199,000
Cash flow
$64,430
Revenue
$786,684
Down
Call/Email
Posting: 281436 | Available | 3/26/24
This poke franchise specializes in exceptionally great demand for healthy and fresh food. It is located in a high foot traffic area along with a major grocery store, other businesses, parks, and trails. It is absentee run and if the buyer is involved, it may further enhance the business production.
Asking Price
$169,000
Cash flow
$159,471
Revenue
$783,922
Down
Call/Email
Posting: 282742 | Available | 1/22/24
For sale is a profitable Nekter juice bar franchise with training and support! Offering unique juices, handmade smoothies, and fresh fruit acai bowls. Situated in a high-traffic area near parks, schools, and various businesses. An excellent opportunity for entrepreneurs, featuring low rent.
Asking Price
$549,000
Cash flow
N/A
Revenue
$279,066
Down
Call/Email
Posting: 277999 | Available | 2/12/23
This Whittier quick service venue boasts a versatile layout with solid street visibility and freeway access. The venue, which is located in a corner location on a popular throughfare, can be rebranded as any number of similar or alternate quick service concepts.
Asking Price
$70,000
Cash flow
$108,585
Revenue
$683,807
Down
Call/Email
Posting: 283634 | Available | 2/2/24
This is a well-established profitable global franchise. If you looking for a business that doesn't need an expensive experienced cook, hood, grease trap, or someone getting hurt from the heat and yet still makes money plus unlimited potential to grow this is it, "Edible Arrangements".
Asking Price
$300,000
Cash flow
$180,000
Revenue
$576,000
Down
$90,000
Posting: 277471 | Available | 3/29/23
This franchise sushi bar is inside a marine base of the Yucca valley area. There is no rent or utility. The buyer needs approval from the franchisor so they charge a franchise fee. $4,500 for 5 years and the 2-week training fee is $1,500 and given to 64% of the monthly receipts every 4 weeks.
Asking Price
$90,000
Cash flow
$80,000
Revenue
$500,000
Down
50% Max
Posting: 254550 | Available | 10/5/20
Annual Sales: approximately $500,000. Net: approximately $80,000+. Size: approx. 2,000 sq. ft. Rent: $7,200 including NNN. Lease: 5 years plus option.
Asking Price
$270,000
Cash flow
$178,000
Revenue
$972,000
Down
Call/Email
Posting: 281532 | Available | 3/11/24
This franchise restaurant is a counter-service chain offering a range of Philly-style cheesesteaks, loaded fries & lemonades. With over 700 locations in 46 U.S. states and in 17 countries, it can be found in retail shopping centers, airports, strip centers, and Army & Air Force bases worldwide.
Asking Price
$299,000
Cash flow
N/A
Revenue
N/A
Down
$199,000
Posting: 277590 | Available | 5/2/24
For sale is a restaurant, newly built. It has a full kitchen with new equipment. Seller's build-out cost was $700K+. There is a Beer & Wine (Type 41) license. This is an asset sale. New menu conversion is possible with the landlord's consent.
Asking Price
$199,000
Cash flow
N/A
Revenue
$4,572,187
Down
Call/Email
Posting: 280098 | Available | 3/22/24
This is an opportunity to purchase 5+ Papa Johns franchise units. It has certified managers in place and the locations are in close proximity to each other. It has great opportunity for growth.
Asking Price
$1,900,000
Cash flow
$1,870,288
Revenue
$9,993,448
Down
Call/Email
Posting: 276473 | Available | 3/22/24
This is a 6-store package with 2 fee properties available (not included in purchase price). Burger King is the 2nd largest hamburger chain in the world and has built its brand identity on its flagship Whopper Sandwich and flame-grilled cooking. Most all BK restaurants are open seven days a week.
Asking Price
$7,500,000
Cash flow
$200,000
Revenue
$1,305,000
Down
Call/Email
Posting: 279959 | Available | 3/22/24
This Denny's franchise is absentee-run and has an attractive rent. It currently has limited hours, from 6:30 am to 10 pm. Denny's Inc. has over 1,600 quality full-service Denny's restaurants across the United States. You need a 1 million dollars net worth with at least $500K liquid.
Asking Price
$550,000
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
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
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
I am 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
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
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 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
Many California small business investors want to buy a restaurant. People always need to eat; there should be plenty of business. And some buyers think there is prestige to owning a popular eating establishment. But it isn't an easy purchase. Here's what not to do when planning to buy a restaurant.
Restaurant franchise offerings are among the most popular of the business types potential business buyers seek. What many would-be owners don't realize is that there are specific tips for buying fast food or restaurant franchises that don't necessarily apply to independent restaurants for sale.
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.
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.
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.
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.
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.
There are companies who specialize in purchasing Business Notes (of course at a discount). You can sell all or part of your note. Peter Siegel, MBA BizBen Founder and ProBuy & ProSell Lead discusses this entire process in his latest article on selling your business note after you sell your business.
A question sellers ask: how do I sell my business without getting sued, isn't a subject just for discussions with lawyers. A seller can take some precautions to reduce potential legal problems. Peter Siegel, MBA Founder Of BizBen and BizBen.com's ProBuy and ProSell Programs discusses this topic.
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.
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.
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.
