Cash flow
$200,000
Revenue
$900,000
Down
$900,000
Posting: 285790 | Available | 4/15/24
For sale in Mission Hills, San Diego, is a thriving liquor store situated in a prime location. Originally a pizza shop that also offered a selection of liquor, beer, and wine, this establishment underwent a complete renovation in 2021, resulting in a modern and inviting space.
Asking Price
$900,000
Total Investment
$69,000
Min Liquid Cash
$59,000
Net Worth
N/A
Posting: 285583 | Available | 4/15/24
Own your very own Quick Mart convenience store. It is better than a 7-Eleven and Circle K. There are no monthly fees and no franchise fees, just a one-time payment of $99,999. Training to run your store usually takes just 3 days. Business opportunity fee: $20,000 included in $99K.
Franchise Fee
$0
Cash flow
$200,000
Revenue
$1,400,000
Down
$350,000
Posting: 285647 | Available | 4/18/24
Situated in the vibrant West Hollywood area, this hot location boasts a 100% absentee-run operation with a high margin of 45%. Previously achieving monthly sales of $120,000 in 2023, which surged to $200,000 per month during the pandemic, this establishment operates from 10:00 am to 12:00 am.
Asking Price
$900,000
Cash flow
$360,000
Revenue
$2,200,000
Down
$650,000
Posting: 285646 | Available | 4/18/24
For sale is a hot location that is absentee-run with a high margin of 45%. They used to sell $180,000/month (off sale $90,000 & online sale $90,000). Their open hours are from 9am-2am. It is 3,000+ sq ft. with upstairs. They have a new lease (5+5 years) and rent is $9,200 including NNN.
Asking Price
$1,600,000
Cash flow
$70,000
Revenue
$300,000
Down
Cash
Posting: 285704 | Available | 4/18/24
For sale is a liquor store that is open 6 days a week (Sun & holiday closed). They have short hours from 8:00am-7:30pm , 8:00am-6:00pm (Saturday). The opening hours can be extended. It is a liquor store with big potential, so the best for beginners. No Lottery, No EBT, No ATM, NO check cashing.
Asking Price
$79,000
Cash flow
$108,000
Revenue
$516,000
Down
$50
Posting: 286178 | Available | 4/17/24
Located on the Westside of Long Beach, the establishment has short open hours from 9 am to 8 pm and holds a clean ABC license. The owner, who has been the same since 2013, is tired and in need of a break. Despite this, the business benefits from reasonable rent at $3,900 per month.
Asking Price
$250,000
Cash flow
$240,000
Revenue
$1,000,000
Down
Call/Email
Posting: 285183 | Available | 4/15/24
Located in a predominantly Latino neighborhood characterized by high foot traffic, this store boasts a substantial volume of business. With a remarkably low monthly rent of $2,800, the opportunity for profit is substantial. The potential to accept EBT could further increase revenue streams.
Asking Price
810,000 (Reduced)
Cash flow
$78,000
Revenue
$600,000
Down
$299,000
Posting: 286135 | Available | 4/15/24
This well-established liquor store is ideally situated in the vibrant neighborhood of Koreatown. It boasts a loyal customer base from the surrounding community. After 12 years of successful operation and hands-on management alongside dedicated employees, the current owner has decided to retire.
Asking Price
$299,000
Cash flow
$180,000
Revenue
$720,000
Down
$450,000
Posting: 255696 | Available | 4/15/24
For sale is a well-established liquor store in Corona, Riverside County for many years. It's remodeled, has high margins, and a strong median income area. It's in a good location, with no competition nearby.
Asking Price
$450,000
Cash flow
call
Revenue
$960,000
Down
$300,000
Posting: 286102 | Available | 4/12/24
This is a freestanding liquor with parking spaces in the back, front, and street. It has been under current ownership for over 15 years and is run by all employees. It has heavy traffic and behind it are many residential areas. Adding more business hours and check cashing can increase potential.
Asking Price
$640,000
Cash flow
Call/Email
Revenue
$900,000
Down
$350,000
Posting: 285441 | Available | 4/9/24
For sale is a very clean and nice liquor and wine shop at city of Torrance with nice ample parking space. It is in a safe location and busy street in a mini shopping center. The size is about 2,100 sq ft. for a rent/lease of $6,100 plus NNN ($800).
Asking Price
$550,000
Cash flow
$180,000
Revenue
$720,000
Down
N/A
Posting: 277866 | Available | 4/9/24
This is a long-time established liquor store for sale. It has very clean wooden shelves including a camera system, including metal gates from the outside for safety. It is in a nice and safe neighborhood area with heavy traffic. There are two bar locations in the same block.
Asking Price
$349,000
Cash flow
$154,000
Revenue
$490,000
Down
$275,000
Posting: 286045 | Available | 4/8/24
The liquor store is a retail business that primarily sells prepackaged liquors, wines, beers, and lotto tickets. It is situated in a great area with a long lease and a spacious size, near Fountain Valley and adjacent to Mile Square Park. With the right buyer, it is possible to secure an SBA loan.
Asking Price
$299,000
Cash flow
$300,000
Revenue
$1,800,000
Down
$990,000
Posting: 268152 | Available | 4/6/24
For sale is an absentee-run liquor store in Long Beach. Currently manager have been operated 18 years. SBA loan is possible for qualified buyers. They have a low rent of $5,691 + NNN per month with a. long term lease. Monthly average sales are $150,000+. The current owner doesn't work in the store.
Asking Price
$1,250,000
Cash flow
Call/Email
Revenue
$1,320,000
Down
$750,000
Posting: 286016 | Available | 4/5/24
The liquor store and property with the rental income next to the liquor store. It is all employee-run. There are limited liquor stores in the area. It has good margins, and no competition around.
Asking Price
$3,050,000
Cash flow
Call/Email
Revenue
$1,425,000
Down
$30
Posting: 286000 | Available | 4/5/24
High-volume liquor store with a great location. Located on a busy street. It has a wide selection of products, from fresh produce to beer and wine. The store also has a great income, making it a great investment for anyone looking to start their own business.
Asking Price
$1,245,000
Cash flow
Call/Email
Revenue
$1,385,000
Down
$30
Posting: 285980 | Available | 4/4/24
This high-traffic liquor store with a QSR that serves dinner & drinks. It is a great place to shop for all your food and liquor needs. It has very low rent. It is open 7 days a week from 8am to 10pm.
Asking Price
$1,299,500
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284448 | Available | 4/3/24
This well-established liquor store is strategically located in a high-traffic area, ensuring consistent visibility and foot traffic. The store offers a wide and curated selection of premium liquors, wines, and spirits, catering to a diverse customer base with varying tastes and preferences.
Asking Price
$190,000
Cash flow
$300,000
Revenue
Call/Email
Down
Call/Email
Posting: 277906 | Available | 4/3/24
This is a liquor store for sale. This liquor store is located in a busy intersection. The size of the liquor store is 2,500 sq. ft and rent is $6,000 including CAM. The monthly sale is $60,000. There is extra income from check cashing ($10,000 commission) and a food truck that is doing $50,000/m.
Asking Price
$450,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285080 | Available | 4/2/24
For sale is a neighborhood convenience store with beer and wine with liquor, in Fremont, a busy populated location with $125,000 gross sales per month. There is a Lotto + ATM+ Bitcoin for additional income and it is 5,000 square feet. An inventory of $300,000 is not included in the purchase price.
Asking Price
$1,050,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 275127 | Available | 4/2/24
For sale is this neighborhood convenience store with beer and wine, in Orangevale, which is a busy good location with $55,000 in gross sales per month. There is Lotto and an ATM for additional income and it is 1,700 square feet. This C-store is in a populated neighborhood. Not SBA qualified.
Asking Price
$345,000
Cash flow
$192,000
Revenue
$1,032,000
Down
$35
Posting: 285909 | Available | 3/30/24
This is a busy liquor store in the South Bay area for sale! There is enough room to add up more inventory to increase sales. The rent is reasonable and it makes very good extra income from the lottery and scratcher. The reason to sell are due to the health issues of the retiring owner.
Asking Price
$575,000
Cash flow
Call/Email
Revenue
$960,000
Down
$800,000
Posting: 285901 | Available | 3/29/24
For sale is a liquor store with property. A 2 bedroom 1 bath house is included in the back. They have good parking space on the side of the property with easy street parking. It is in a mixed area near LAX airport with no ABC conditions. They have Lotto and accept EBT. It is around 2,600 sq ft.
Asking Price
$3,200,000
Cash flow
Call/Email
Revenue
$1,680,000
Down
$950,000
Posting: 285899 | Available | 3/29/24
For sale is a freestanding liquor and wine with craft beer store with great front parking without any competition. It is surrounded by many residential and apartments and all around and very safe area and high-end mid residential locations. Most of the time it is all employee-run.
Asking Price
$1,750,000
Cash flow
Call/Email
Revenue
$960,000
Down
$750,000
Posting: 282154 | Available | 3/29/24
For sale is a liquor and wine shop with parking space in a good part of West Los Angeles. It must be a cash purchase only. Other information will be provided later. 100% Employees run with 2 full time and 1 part time. Great safe location with the parking lot back of the liquor store.
Asking Price
$750,000
Cash flow
Call/Email
Revenue
$804,000
Down
$400,000
Posting: 284981 | Available | 3/29/24
Established for over 21 years, this liquor and check cashing business, including the property, is up for sale as the owner is looking to retire. Spanning 1,600 sq. ft., the property features front parking for 3 cars, making it easily accessible. Currently operating 8-9 pm with no ABC conditions.
Asking Price
$1,199,000
Cash flow
Call/Email
Revenue
$1,920,000
Down
$950,000
Posting: 284862 | Available | 3/29/24
This is a liquor store with a size of 5,800 sq ft., including upstairs and a big storage room in the back of the property. The upstairs is a 2 bed 1 bath (potential to rent out). There is great front parking space and easy to get in and out. There is a big back storage room for stocking inventory.
Asking Price
$3,499,000
Cash flow
$240,000
Revenue
$1,260,000
Down
$500,000
Posting: 284360 | Available | 3/29/24
For sale is a liquor store and property that can get potential rental income from the back side of the liquor. It has a great parking lot on the side and back of the store and it is usually run by employees with 1 manager. It is located inside the neighborhood with limited competition.
Asking Price
$2,495,000
Total Investment
$69,000
Min Liquid Cash
$59,000
Net Worth
N/A
Posting: 285583 | Available | 4/15/24
Own your very own Quick Mart convenience store. It is better than a 7-Eleven and Circle K. There are no monthly fees and no franchise fees, just a one-time payment of $99,999. Training to run your store usually takes just 3 days. Business opportunity fee: $20,000 included in $99K.
Franchise Fee
$0
Cash flow
$200,000
Revenue
$900,000
Down
$900,000
Posting: 285790 | Available | 4/15/24
For sale in Mission Hills, San Diego, is a thriving liquor store situated in a prime location. Originally a pizza shop that also offered a selection of liquor, beer, and wine, this establishment underwent a complete renovation in 2021, resulting in a modern and inviting space.
Asking Price
$900,000
Cash flow
$72,000
Revenue
$720,000
Down
Ask
Posting: 266972 | Available | 3/18/21
Has been there for many decades and this market property is a historic building in San Pedro. Motivated seller is offering this well established business with the food permit, very reasonable rent. Asking price $269,000. Gross sales are $720,000 yr. Net profit is approx $ 72,000 yr. 3,500 sq ft.
Asking Price
$269,000
Cash flow
$240,000
Revenue
$1,440,000
Down
$1,250,000
Posting: 282019 | Available | 2/22/24
For sale is a liquor store - its size is more than 4,500 sq. ft and the lot size is more than 7,000 sq. ft. The total net sales income after all expenses is about $240,000 / year.
Asking Price
$3,750,000
Cash flow
Call / Email
Revenue
$1,600,000
Down
Call / Email
Posting: 273967 | Available | 6/27/22
This store sales liquor store with property for sale in Los Angeles, CA. This building is a free standing with big parking lot. Monthly sales revenue is around $135,000.The Lottery income is over 50,000/year. Asking price is $2.35million. All of this information was given by the seller.
Asking Price
$2,350,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 270583 | Available | 2/13/23
It is reduced for quick sale. This is a long-established convenience market in the affluent Mid-County region of Santa Cruz County with high traffic counts in areas of nice homes and schools. It is corporate-owned, with a straight percentage lease an off-site liquor license.
Asking Price
250,000 + Inv
Cash flow
Call / Email
Revenue
$1,200,000
Down
$600,000
Posting: 274030 | Available | 5/13/22
Rare opportunity to buy a high volume liquor store with real estate in Concord area. Beautiful corner lot on a very busy intersection. The lot is approx 11,000 sq. ft and building is 2400 sq. ft. The store has its own parking. Store does about 100k/m at 28%. Buyer must have at least 600k.
Asking Price
$2,350,000
Cash flow
$72,000
Revenue
$780,000
Down
Call / Email
Posting: 272149 | Available | 8/17/22
Liquor store located with huge residential neighborhood, currently 100% employee running, loyal customers, Low rent, rare opportunity to own a well maintained store in North Orange County. Average monthly sale : 65,000. Overall profit margin: 32%.
Asking Price
$380,000
Cash flow
$180,000
Revenue
$1,920,000
Down
Ask
Posting: 276833 | Available | 11/2/22
7-Eleven is one of the world's biggest and the most popular retail chains of convenience stores and 7-Eleven's top priority has always been to give customers the most convenient experiences possible to consistently meet their needs. 7-Even aims to be a one-stop shop for consumers
Asking Price
$420,000
Cash flow
Call/Email
Revenue
$1,680,000
Down
$950,000
Posting: 285899 | Available | 3/29/24
For sale is a freestanding liquor and wine with craft beer store with great front parking without any competition. It is surrounded by many residential and apartments and all around and very safe area and high-end mid residential locations. Most of the time it is all employee-run.
Asking Price
$1,750,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$20
Posting: 278074 | Available | 2/12/24
For sale is a brand-new gas station with a convenience store. It opened last year 2023. It is available for purchase including the real estate property and a hard liquor license. The store size is 4,200 sq ft. The drive-thru QSR is 900 sq ft. and is leased for $3,500 per month.
Asking Price
$6,000,000
Cash flow
$480,000
Revenue
$1,100,000
Down
$450,000
Posting: 278175 | Available | 12/12/23
For sale is a highly profitable liquor store in the Bay Area. Rent is $5,500 including NNN and water, but not garbage. They also have a net profit check cashing of $10,000/m, a net commission lotto of $3,000/m, a food truck net income of $40,000/m, and their net profit is $400,000/yr.
Asking Price
$450,000
Cash flow
$120,000
Revenue
$720,000
Down
$30
Posting: 273180 | Available | 5/8/22
Liquor store for sale Compton, CA. It has been established for over 20 years and over 10 years for the current owner. 1 full time, 1 part time. Semi abstentee. 2+5 years plus 3yrs extension available, 1900 sq. ft. Can increase sale by adding more inventory and owner's direct management.
Asking Price
$330,000
Cash flow
Call/Email
Revenue
$1,425,000
Down
$30
Posting: 286000 | Available | 4/5/24
High-volume liquor store with a great location. Located on a busy street. It has a wide selection of products, from fresh produce to beer and wine. The store also has a great income, making it a great investment for anyone looking to start their own business.
Asking Price
$1,245,000
Cash flow
Call/Email
Revenue
$900,000
Down
$350,000
Posting: 285441 | Available | 4/9/24
For sale is a very clean and nice liquor and wine shop at city of Torrance with nice ample parking space. It is in a safe location and busy street in a mini shopping center. The size is about 2,100 sq ft. for a rent/lease of $6,100 plus NNN ($800).
Asking Price
$550,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 274317 | Available | 4/23/23
This California Type 21 Off-Sale Liquor License gives the licensee privileges to sell beer, wine and distilled spirits, in package form for consumption off the retail establishments premises. Minors are allowed to be on the premises; however, the purchaser must be of legal age to purchase alcohol.
Asking Price
$125,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 275705 | Available | 8/13/22
Well-managed beer a wine market for sale. Profit $15,000/month. Gross sales 65,000/month lease term 10yr plus 5yr option. Rent $3,500 under current ownership over 20 years. Great neighbors and great parking space. This is a great opportunity for a first-time buyer or experienced buyer. Absentee run.
Asking Price
$350,000
Cash flow
Call/Email
Revenue
$746,000
Down
$210,000
Posting: 285486 | Available | 3/4/24
This is a business opportunity with vacant land and a commercial building. Build your dream home in Redwood Estates! This listing includes 5 parcels of land, 1 commercial building, and a business. Utilities (water & electric) are available on the street for Vacant Lands.
Asking Price
$700,000
Cash flow
$230,000
Revenue
$1,080,000
Down
$250,000
Posting: 280275 | Available | 4/19/23
Easy Operation - Money maker - No competition. A well-established liquor store with little to no competition in Sonoma County is up for sale. The store does about 90k/m in sales excluding the lotto.
Asking Price
$600,000
Cash flow
Call/Email
Revenue
$900,000
Down
$300,000
Posting: 285032 | Available | 2/6/24
For sale is a liquor and wine shop that has been under the current ownership for over 17 years at the same location. It is in a high-end area with many residential buildings behind the store. There is only street parking. There is no competition in the area and also no EBT at the location.
Asking Price
$575,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 277077 | Available | 2/7/24
For sale is a Type 21 Off-Sale General Liquor License in San Mateo County, California. A California Type 21 liquor license is one of the most popular liquor licenses. The California Alcoholic Beverage Control (ABC) describe it as an off-sale general liquor license.
Asking Price
$40,000
Cash flow
Call/Email
Revenue
$600,000
Down
Call/Email
Posting: 284066 | Available | 3/1/24
This is a good liquor store that has potential and an ample parking lot. The rent is $3,500/month It is semi-absentee run.
Asking Price
$265,000
Cash flow
Call / Email
Revenue
Call / Email
Down
$500,000
Posting: 277051 | Available | 10/24/22
For sale is a liquor and grocery store doing about $150k/month in store sales plus about 10k gallon/m at almost a $1/gallon margin. The profit from gas pays the rent. There is a laundromat on the premises that if remodeled can bring in additional income. This business has almost no competition.
Asking Price
$1,250,000
Cash flow
Call/Email
Revenue
$1,056,000
Down
$498,000
Posting: 282398 | Available | 8/24/23
This is an upscale liquor store with a wine bar and tasting area in Orange County for sale. They have a full kitchen with a hot grill. It is absentee-run. They have a long-term lease for 6 plus 10 years and clean financial records. They serve excellent private wine parties starting at $2,000.
Asking Price
$498,000
Cash flow
$154,000
Revenue
$490,000
Down
$275,000
Posting: 286045 | Available | 4/8/24
The liquor store is a retail business that primarily sells prepackaged liquors, wines, beers, and lotto tickets. It is situated in a great area with a long lease and a spacious size, near Fountain Valley and adjacent to Mile Square Park. With the right buyer, it is possible to secure an SBA loan.
Asking Price
$299,000
Cash flow
$120,000
Revenue
$700,000
Down
$35
Posting: 285012 | Available | 2/5/24
For sale is a rare liquor store in north OC, this store has been operated by 100% employees. The owner has some family issue and wants move to another location. This store has good parking space and is also a very good size to add up more inventory. The rent is very reasonable with long lease terms.
Asking Price
$390,000
Cash flow
Call / Email
Revenue
$850,000
Down
$125,000
Posting: 276891 | Available | 10/16/22
For sale is a well-established liquor store in a busy residential area with the seller willing carry most of the purchase price. With SBA rates headed towards 10%, the seller is willing to carry for less. The monthly sales are $70,000, the rent is $3,500 per month. The buyer would only $125,000 down
Asking Price
$350,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 276343 | Available | 9/18/22
Good for a first-time buyer or who is looking for a second location to 100% help run the store. . Gross sales are $50,000. Lotto 48,000/annually. The lease has a 10 year/5 year option. The current owner has run it for over 20 years. The rent is $4,000.
Asking Price
$265,000
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
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
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
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
A business buyer in the BizBen ProBuy Program asks how to handle the inventory amount in the purchase price of a business. Other questions answered in this article: Do you add the inventory value to the business value? Should the owner be expected to take back a note for the value of the inventory?
Unlike many small businesses, due to strict regulations there are many steps that you must take before you can consider buying a liquor store. Peter Siegel with BizBen discusses the seven steps will put you on the right track to buy a liquor store legally.
Does Location matter when purchasing a liquor store for sale? Some experts believe that while it is still important, location is not AS important in the liquor store business as it is with other retail businesses. I think there is a case for both sides of the argument. Let's find out who is right.
The process for making a liquor license transfer used to take approximately 55-70 days, but now because of labor shortages and work protocols, it can be up to 3 months in California, for example. The longer an escrow is open, the greater the chance of having it fall out of escrow.
Buying a liquor store? First, ask yourself these three critical questions to find out if owning a liquor store is right for you. Questions like hands on vs absentee ownership, inventory turnover, licensing issues. Peter Siegel, MBA (BizBen ProBuy & ProSell Program Lead Advisor) explores this topic.
When on your search to buy liquor store businesses, consider additional ways that you may use the location to generate additional revenue streams. Peter Siegel, MBA with BizBen.com discusses buying California liquor stores.
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 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.
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 - 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.
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.
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.
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.
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.
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.
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.
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.
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!
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.
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.
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 only time to get an exact and accurate inventory count, and valuation, is at the time the business is being transferred. To do so beforehand, would mean that any merchandise sold after inventory is taken, but before close of escrow - Peter Siegel, MBA with BizBen & others discuss this topic.
Buying a liquor store can present some major challenges to business buyers - a recent client on the BizBen ProBuy Program relates to Peter Siegel, MBA what the major challenges may be when searching for and buying a Californa liquor store business. I welcome other Advisors to weigh in on 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.
