Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284316 | Available | 12/15/23
A Hospice agency in Dallas, Texas, is available for sale. This established agency has an office in Fort Worth, a clean license, and is ready to bill immediately with a PTAN in hand. It holds CHAP Accreditation and covers Region 3, including various counties.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284313 | Available | 12/15/23
A combined Home Health and Hospice agency in Texas, close to Dallas, available for sale. Both Home Health and Hospice services are 100% Medicare. Has little to no census for both services, and holds ACHC Accreditation. This is a statewide agency covering the entire state of Texas.
Asking Price
$399,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284311 | Available | 12/15/23
A Las Vegas, Nevada hospice is available. Its office is located in Henderson and is ready to bill Medicare immediately. Comes with a clean provider number, no census, and holds CHAP accreditation, covering all of Clark County. CHOW assistance was provided by the seller's consultant.
Asking Price
$350,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282409 | Available | 11/30/23
An exceptional opportunity awaits with the sale of a Hospice business in Texas. This clean and ready-to-operate agency is 100% Medicare certified, allowing immediate billing. With the flexibility to relocate the business to any desired location, this sale offers a unique chance.
Asking Price
$300,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282412 | Available | 11/30/23
A remarkable opportunity awaits with the sale of an established Hospice business in Texas. This Hospice is fully Medicare certified, equipped with CHAP accreditation, and has the added advantage of Medicaid. With a current census of 5 patients, this Hospice offers a strong foundation.
Asking Price
$500,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 279942 | Available | 11/29/23
A brand new startup hospice in San Diego, CA is up for sale! With Medicare and Medical capabilities, this hospice is ready to start billing immediately upon closing and has never been billed before. CHAP accreditation ensures quality care, and there are no CAP issues or census.
Asking Price
$399,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284051 | Available | 11/28/23
A remarkable opportunity is available with the sale of an established Hospice business in Los Angeles, California. Operational since 2015, this business is not subject to selling restrictions or affected by the 36-month or 5-year rules. It covers a strategic area, including LA County/San Fernando.
Asking Price
$300,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284043 | Available | 11/28/23
Established Hospice business in Oregon. Comes with a clean Medicare Provider Number, ready for immediate billing. With Medicare acceptance, ACHC accreditation, and coverage in several counties, it is well-positioned for continued success.
Asking Price
$295,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 281881 | Available | 7/31/23
Unique and incredible Home Health and Hospice Franchising Agency available in Minnesota. With a total revenue of $1,000,000 in 2022 and a well-balanced payer mix, this franchise holds immense potential for growth and expansion.
Asking Price
$750,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 277528 | Available | 7/28/23
This home health agency is for sale in the Sunland Tujunga, California area. The company has been operating since 2017, has a current census of 28, and is fully staffed. The total projected revenue for 2022 is $700,000.
Asking Price
$349,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 274602 | Available | 7/28/23
This is a hospice agency for sale in Las Vegas, Nevada. The company has potential for growth and is ready to bill Medicare immediately. They have their PTAN in hand. This opportunity is for a clean Medicare provider number. It is a Medicare-certified hospice with CHAP accreditation.
Asking Price
$450,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 274601 | Available | 7/28/23
This is a hospice Agency for sale in Las Vegas, Nevada. The company is ready to bill Medicare immediately with PTAN in hand. This opportunity is for a clean Medicare provider number. It is a Medicare-certified hospice with CHAP accreditation. The owner will put staff in place.
Asking Price
$450,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$239,000
Posting: 281622 | In Contract | 7/13/23
Update: 12/15/2023 - In contract. This pristine 6-bed congregate home is nestled in the Skyline Ranch community in Apple Valley (San Bernardino County). The facility is approximately a 10-minute drive from Highway 15 with plenty of eateries, grocery stores, and other venues along the way.
Asking Price
$239,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 286391 | Available | 5/8/24
A well-established hospice agency in Ventura County, California. This reputable agency has been providing compassionate end-of-life care since 2017, and has garnered a stellar reputation in the community and beyond. Accredited by the Joint Commission.
Asking Price
$449,000
Cash flow
N/A
Revenue
N/A
Down
$139,000
Posting: 285773 | Available | 5/8/24
This hospice (first license only) is located in Long Beach, CA, away from the saturated valley. It is ready to call for the final survey, read for the 'ready letter'. It has an amazing office space with three private rooms and incredibly low rent! It has a secure office building complex.
Asking Price
$139,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285867 | Available | 5/8/24
This is a hospice agency for sale in Burbank, Los Angeles County, California, with first license only. It must pass the second survey. The price is $175K.
Asking Price
$175,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284051 | Available | 11/28/23
A remarkable opportunity is available with the sale of an established Hospice business in Los Angeles, California. Operational since 2015, this business is not subject to selling restrictions or affected by the 36-month or 5-year rules. It covers a strategic area, including LA County/San Fernando.
Asking Price
$300,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284313 | Available | 12/15/23
A combined Home Health and Hospice agency in Texas, close to Dallas, available for sale. Both Home Health and Hospice services are 100% Medicare. Has little to no census for both services, and holds ACHC Accreditation. This is a statewide agency covering the entire state of Texas.
Asking Price
$399,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282409 | Available | 11/30/23
An exceptional opportunity awaits with the sale of a Hospice business in Texas. This clean and ready-to-operate agency is 100% Medicare certified, allowing immediate billing. With the flexibility to relocate the business to any desired location, this sale offers a unique chance.
Asking Price
$300,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284315 | Available | 2/7/24
A Dallas-based Hospice agency is available for sale, featuring a brand-new status and readiness to bill Medicare immediately. The agency is 100% Medicare certified, has no census, holds ACHC Accreditation, and covers Region 3 - Metroplex.
Asking Price
$249,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 274601 | Available | 7/28/23
This is a hospice Agency for sale in Las Vegas, Nevada. The company is ready to bill Medicare immediately with PTAN in hand. This opportunity is for a clean Medicare provider number. It is a Medicare-certified hospice with CHAP accreditation. The owner will put staff in place.
Asking Price
$450,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282412 | Available | 11/30/23
A remarkable opportunity awaits with the sale of an established Hospice business in Texas. This Hospice is fully Medicare certified, equipped with CHAP accreditation, and has the added advantage of Medicaid. With a current census of 5 patients, this Hospice offers a strong foundation.
Asking Price
$500,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285522 | Available | 5/2/24
For sale is a hospice agency located in the San Fernando Valley Area, Los Angeles County. It is Health Department licensed (CDPH License). It was originally licensed in 2020 and it is Joint Commission Accredited.
Asking Price
$350,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284382 | Available | 12/20/23
Hospice, currently based in Texas available for acquisition. 100% Medicare certified, providing a clean agency that's ready to bill immediately. No current revenue or census, offers a fresh start for new ownership. The accreditation was obtained on 9/16/2021, and the PTAN was issued on 10/15/2021.
Asking Price
$300,000
Cash flow
N/A
Revenue
N/A
Down
$165,000
Posting: 279586 | Available | 3/4/24
Home Health Care Agency-Brand New-Never Operated-Fully Licensed By CDPHS-Accredited By ACHC-Medicare Provider In Place-Ready To Bill -Licensed To Do Business In 5 different counties (LA-Orange-Ventura-Sun Bernardino-Riverside)-Relocatable.
Asking Price
$165,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$239,000
Posting: 281622 | In Contract | 7/13/23
Update: 12/15/2023 - In contract. This pristine 6-bed congregate home is nestled in the Skyline Ranch community in Apple Valley (San Bernardino County). The facility is approximately a 10-minute drive from Highway 15 with plenty of eateries, grocery stores, and other venues along the way.
Asking Price
$239,000
Cash flow
Call/Email
Revenue
$1,000,000
Down
$650,000
Posting: 283751 | Available | 3/14/24
We have a great opportunity to acquire a ready to bill, clean Joint Commission (JC) accredited hospice agency in Las Vegas, Nevada (Clark County)! This agency was started in 2018 and it received its ACHC accreditation in October of 2019. The sale price is negotiable!
Asking Price
$650,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285906 | Available | 5/4/24
For sale is a DHS hospice license. It is brand new, has never been operated,can transfer 100% shares to new owner. It can be relocated. There will be assistance available for CHOW, CHOL, accreditation and/or operation if needed.
Asking Price
$155,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$400,000
Posting: 285669 | Available | 3/15/24
We have an excellent opportunity to acquire an existing ACHC-accredited hospice located in Orange County. This agency is a perfect fit for anyone looking to scale their current operation or those looking at entering the hospice market. No 3-year rule!
Asking Price
$400,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 274602 | Available | 7/28/23
This is a hospice agency for sale in Las Vegas, Nevada. The company has potential for growth and is ready to bill Medicare immediately. They have their PTAN in hand. This opportunity is for a clean Medicare provider number. It is a Medicare-certified hospice with CHAP accreditation.
Asking Price
$450,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284314 | Available | 1/30/24
A hospice located near Dallas, Texas, is available for sale. This hospice is approved for Medicare billing and has Medicaid pending. It has a clean record with no census, holds Joint Commission accreditation, and covers Region 3 and parts of Region 7.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286003 | Available | 4/5/24
Newly established Colorado Springs Hospice. Newly acquired license, ACHC accreditation, PTAN in hand. Potential for partnership offers additional avenues for growth and expansion. Medicare certified and in the process of Medicaid enrollment. Covers all of Colorado. 36-month rule does not apply.
Asking Price
$310,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284379 | Available | 12/20/23
This is a brand new hospice based in Irving, Texas. This hospice comes with a clean provider number, is ready to bill Medicare immediately, and is CHAP accredited. It currently has no census and no revenue, offering a fresh start for a new owner. The agency covers the entire state of Texas.
Asking Price
$225,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 285759 | Available | 3/21/24
A new Hospice located in Houston Texas, is currently for sale. Established in 2022. Certifications: Medicare Certification, Accreditation: CHAP 2023. Census: None. Billing Number: PTAN ready for Billing. Cap Status: Absolutely No Cap, Not subjected to the 36-Month rule.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284368 | Available | 12/20/23
A hospice agency in Dallas, Texas, with an office in Fort Worth, is available for sale. This agency boasts a clean license and a PTAN (Provider Transaction Access Number) is expected within 90 days by December. It holds CHAP (Community Health Accreditation Partner) accreditation and covers Region 3.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284043 | Available | 11/28/23
Established Hospice business in Oregon. Comes with a clean Medicare Provider Number, ready for immediate billing. With Medicare acceptance, ACHC accreditation, and coverage in several counties, it is well-positioned for continued success.
Asking Price
$295,000
Cash flow
$635,000
Revenue
$8,840,000
Down
Call/Email
Posting: 285758 | Available | 3/21/24
Hospice located in Houston Texas, is currently for sale. This hospice has excellent financial performance. It was established in 2018. Started operations in 2021, Passed and completed ADR in 2022. Accreditation: ACHC and recently renewed survey Dec. 2023. Census: Over 20, Absolutely no Cap.
Asking Price
$1,500,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284316 | Available | 12/15/23
A Hospice agency in Dallas, Texas, is available for sale. This established agency has an office in Fort Worth, a clean license, and is ready to bill immediately with a PTAN in hand. It holds CHAP Accreditation and covers Region 3, including various counties.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
$350,000
Down
Call/Email
Posting: 286219 | Available | 4/22/24
The property is licensed for a 6-bed Residential Elderly Care home, approved for 6 non-ambulatory residents, with a hospice waiver for 4 residents. It is located on a corner lot in a very good residential neighborhood across from the park. The property is being sold for $1,578,000.
Asking Price
$1,578,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 279942 | Available | 11/29/23
A brand new startup hospice in San Diego, CA is up for sale! With Medicare and Medical capabilities, this hospice is ready to start billing immediately upon closing and has never been billed before. CHAP accreditation ensures quality care, and there are no CAP issues or census.
Asking Price
$399,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 279595 | Available | 3/14/24
We have an Accreditation Commission for Health Care (ACHC) home health agency ready to bill. The agency was begun in December 2018 and it received its initial CDPH (California Department of Public Health) license in August 2019.
Asking Price
$220,000
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
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
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
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
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
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
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.
Using an earn out can benefit both buyer & seller of a business purchase. A recent question by a buyer in the BizBen ProBuy Program about the best way to structure a business earn out prompted me to ask a panel of BizBen Resources how they would deal with the buyers question on earn out structures.
In this month's Business Buyer survey for BizBen.com, we asked participants in our ProBuy Program and 250 other random business buyers what they look for and avoid when looking at a business for sale postings online. Of the 20 potential posting characteristics we asked about, 8 stood out.
In my opinion and experience, an LOI may very well be appropriate for lower middle market transactions of $5,000,000 or more; but, for deals less than that an Asset Purchase Agreement ("APA") with contingencies on the actions of the buyer (and seller) is much more efficient and effective.
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.
80% of all California business buyers never end up buying a business! Many factors contribute to this statistic, but by following the points below and utilizing the ProBuy Method of buying a business you should be successful in locating a business that interests you and completing the transaction!
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.
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.
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.
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.
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!
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.
An often overlooked aspect of selling (or buying) a small business is taking back-up offers during the entire process of selling (or buying) a business. Most sellers (or buyers) don't realize that over fifty percent of all deals/contracts fall out escrow or contract for one reason or another.
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.
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.
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.
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!
Peter Siegel, MBA - BizBen.com & SBALoanAdvisors.com Founder discusses the difference between a hands on owner and an absentee owner. It covers why someone would want to be an absentee owner and then goes on to discuss the pros and cons of buying an absentee run small to mid-sized business.
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.
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.
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.
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.
When buying an Elderly Care Home what should potential buyers always ask the broker or owner before proceeding? Find out in this Discussion on BizBen. Items buyers of elderly care homes will want to know more about why the seller is moving on, average length of stay, placement fees paid, etc.
A business buyer asks about the viability and purchase of a home health care service and about the future of this industry - Peter Siegel, MBA takes on this question with other ProIntermediaries & Advisors on BizBen regarding the home health care industry and it's future for potential buyers.
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.
