Cash flow
$535,676
Revenue
$691,531
Down
Call/Email
Posting: 283117 | Available | 1/15/24
his highly profitable wholesale floral arrangement business, with exponential year-over-year growth! The business provides beautiful, artisanal, handmade floral arrangements to affluent, gourmet and natural grocery stores.
Asking Price
$1,000,500
Cash flow
Call/Email
Revenue
$7,500,000
Down
Call/Email
Posting: 269994 | Available | 1/12/24
For sale is a tight and clean wholesale/retail owner-run operation in San Diego County, CA. They have a huge database of repeated loyal smoke shop owners who come in and pick the merchandise up and pay on the spot. It is well-established and has been profitable for over 28 years.
Asking Price
$1,499,000
Cash flow
Call/Email
Revenue
$1,000,000
Down
Call/Email
Posting: 284584 | Available | 1/9/24
This store specializes in retail/wholesale and imports for store display equipments. There is not much competition. All items never go out of style and sell consistently. The store owner has rented a 7,000 sq ft. warehouse. The sales price includes inventory of $250,000.
Asking Price
$175,000
Cash flow
$58,469
Revenue
$485,986
Down
Call/Email
Posting: 284521 | Available | 1/5/24
Unlock the opportunity to own a well-established food distribution business. For years, this company has served as a trusted food wholesaler in delivering top-quality products to a diverse clientele, including restaurants, cafes, and retail outlets in Santa Cruz, Santa Clara and Monterey counties.
Asking Price
$199,995
Cash flow
$341,000
Revenue
$1,900,000
Down
$544,000
Posting: 283275 | Available | 1/4/24
Being offered for sale is a very profitable tire and auto service business located on a heavily traveled highway in Los Angeles County. The spacious facility is the anchor in an attractive auto plaza occupying 3,800 square feet. The shop features a large showroom and 4 bays.
Asking Price
$544,000
Cash flow
$300,000
Revenue
$1,200,000
Down
$350,000
Posting: 283210 | Available | 12/20/23
Re-seller of used Restaurant Equipment for the last 22 years. All sales are done in the online marketplace. Great Markups running from 300 - 600%. Very profitable business. Open Monday-Friday. Closed Weekends. Price includes $400-$500,000 of merchandise priced at the seller's cost!
Asking Price
$495,000
Cash flow
$519,390
Revenue
$3,620,497
Down
$1,650,000
Posting: 277604 | Available | 11/14/23
This acclaimed wholesale bakery with a retail component is a category leader when it comes to the accolades and media attention bestowed upon it. The wholesale side of the business generates nearly $3M in annual revenues, while the retail side contributes nearly $1M in revenues.
Asking Price
$1,550,000
Cash flow
$114,000
Revenue
$434,000
Down
Call/Email
Posting: 283570 | Available | 10/27/23
For sale is a quality and healthy snack distribution business with territory in MA, NH, and RI. It is a flexible and simple business model with current cash flow from existing clients. This is a franchise but there are no royalties and low overhead with this model. They have a low client turnover.
Asking Price
$135,000
Cash flow
$395,000
Revenue
$2,100,000
Down
$350,000
Posting: 276028 | Available | 10/11/23
This 30-year-old industrial cleaning distribution business has two locations to service Orange, San Bernardino, and Riverside Counties. This company boasts over 650 customers with 7 employees, two customer service locations, and trucks to operate the business.
Asking Price
$1,500,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282556 | In Contract | 9/2/23
Under Contract - Fire Fighter Support Services Company One division operates as an emergency service provider for and supplies equipment, water trucks and operators to Cal-Fire and United States Forest Service (USFS) for operations on wildland fires on.
Asking Price
$110,000
Cash flow
Call/Email
Revenue
$1,800,000
Down
Call/Email
Posting: 278724 | Available | 8/30/23
This Fair Trade certified and certified Organic coffee wholesale roaster business is generating $1,800,000 a year in revenue. It delivers to 300 + restaurants and cafes in the Bay Area. The name, menu, recipe, trademark, website, and logo are included in the sale. Seller financing negotiable!
Asking Price
$4,000,000
Cash flow
$636,304
Revenue
$898,964
Down
Call/Email
Posting: 281750 | Available | 7/22/23
100% of the reported gross income for this business is recurring revenue from SAAS products! This very profitable distribution company bills itself as a Technology Strategy & Advisory practice helping its customers to build exceptional business value from technology.
Asking Price
$2,300,000
Cash flow
$56,608
Revenue
$283,039
Down
$119,400
Posting: 279450 | Available | 7/6/23
Yissy's Ice Cream is an ice cream distributor selling wholesale to businesses and retailing at our warehouse location. We distribute only the highest quality products. All of our products and processes exceed the State of California health and safety Standards. Our warehouse is open to the public.
Asking Price
$199,000
Cash flow
$3,030,000
Revenue
$19,500,000
Down
Call/Email
Posting: 280367 | Available | 7/2/23
This is a stocking distributor of communications products & equipment used in voice, data, and security installations. Caters to commercial, industrial, communication, government, and OEM industries. Headquartered in Southern California. The seller will exit gradually or might stay on indefinitely.
Asking Price
$13,000,000
Cash flow
$450,256
Revenue
$2,658,627
Down
Call/Email
Posting: 279759 | Available | 3/17/23
Proudly made in the USA. The manufacturer of This architectural product is marking its 20th season in business. This custom-engineered fiberglass product is sold and installed in the entire Gulf Atlantic region from the Deep South to Texas.
Asking Price
$1,115,000
Cash flow
$200,000
Revenue
$600,000
Down
Call/Email
Posting: 275386 | Available | 2/19/23
This wholesale bakery with a retail front has been in business for over 30 years. It is absolutely the best location in West Hollywood on a major shopping plaza with great parking and major anchor businesses there. There are lots of wholesale accounts and retail customers. It is 1,750 sq. ft.
Asking Price
$219,000
Cash flow
$500,000
Revenue
$16,000,000
Down
Call/Email
Posting: 277894 | Available | 2/4/23
For sale is a well-established import & wholesale party favors company. It has been in business since 1992. The owners want to retire after 30+ years of the same business. The business is still growing year after year with a potentially high-profit margin. The seller owns the office and warehouse.
Asking Price
$4,000,000
Cash flow
$300,000
Revenue
3M
Down
$895,000
Posting: 277631 | Available | 12/1/22
Present owner has operating this business 23 years. Very easy operating and good profit. Lots of potential for active buyer. Training will be included. Approximately $400,000 in inventory. Minimum 20% and plus margin on it. Over 9.000 sqft warehouse and low rent of $8,000 per month.
Asking Price
$895,000
Cash flow
$301,000
Revenue
$1,555,000
Down
Ask
Posting: 275317 | Available | 8/17/22
This is well established and very successful commercial wholesale bakery with the property. The current owner has been running this wholesale bakery for 23 years and there are very loyal clientele and this is amazing opportunity for an owner-operate or family run business.
Asking Price
$3,400,000
Cash flow
$329,000
Revenue
Call / Email
Down
Call / Email
Posting: 271883 | Available | 1/18/22
The owner of a premium 20 + - acre olive farm with a desire to retire, has made a unique special opportunity for the savvy investor! This great revenue generating farm in Northern California includes a 25,000 sq. ft. production and packaging facility. Company website growing retail sales.
Asking Price
$1,349,000
Cash flow
Call
Revenue
Call
Down
$5,000
Posting: 256629 | Available | 10/5/21
This is an asset sale, no books or P&L. The sale prices is less than the assets which include tees, yoga pants, hoodies and hundreds of rhinestone heat transfer. Two websites plus domain names (lagarments.com is valued over $2,000 alone).
Asking Price
$5,000
Cash flow
Call / Email
Revenue
Call / Email
Down
$150,000
Posting: 263729 | Available | 5/24/21
This company manufactured and distributed a proprietary, innovative homeopathic supplement that is designed to support the user's alertness, mental focus and productivity. With over $1.2Ml invested to date, they have created a new and natural way to boost your energy.
Asking Price
$150,000
Cash flow
$248,900
Revenue
$399,000
Down
$400,000
Posting: 263312 | Available | 10/22/20
Highly profitable plumbing supply company with significant expansion potential. Located in a quaint Northern California town, this opportunity presents a unique set of parameters to live in a rural community and grow a business to the next level. Loyal repeat customers with limited other choices.
Asking Price
$749,000
Cash flow
$180,000
Revenue
$550
Down
Call/Email
Posting: 274482 | Available | 4/28/24
Top brand blinds, shades, shutters, etc retail. Easy to operate profitable and potential business even without advertisements or marketing. Ideal location on a high-traffic major street and the hub of Silicon Valley. Increasing sales yearly with many repeat & new customers. Price was lowered.
Asking Price
$200,000
Cash flow
$350,574
Revenue
$3,578,262
Down
$200,000
Posting: 285442 | Available | 4/27/24
For sale is California Co with its distribution center located in the Southwest US. It has been established for 24 years. They sell hardware products for consumers and professionals. They are a distributor/manufacturer of premium products that are sold online and through big box retailers.
Asking Price
$1,295,000
Cash flow
$500,000
Revenue
$16,000,000
Down
Call/Email
Posting: 277894 | Available | 2/4/23
For sale is a well-established import & wholesale party favors company. It has been in business since 1992. The owners want to retire after 30+ years of the same business. The business is still growing year after year with a potentially high-profit margin. The seller owns the office and warehouse.
Asking Price
$4,000,000
Bldg Size
na
Typical Floor Size
0 Sq.Ft
Year Built
Call / Email
Posting: 285799 | Available | 3/22/24
For sale is a distribution business with new product offerings readily available. They have a proven business model in the distribution segment. Distinct competitive advantage by offering customers better availability, higher quality product at a competitive price.
Asking Price
$400,000
Cash flow
$196,280
Revenue
$1,194,901
Down
Call/Email
Posting: 285155 | Available | 2/14/24
This is a great opportunity to get involved and monetize in the construction industry, which is booming, especially in Florida. Additionally, flooring is a great sector and nicely diversified due to the demand being driven by both new construction and the R&R (remodeling & renovation) market.
Asking Price
$799,000
Cash flow
$300,000
Revenue
$1,200,000
Down
$350,000
Posting: 283210 | Available | 12/20/23
Re-seller of used Restaurant Equipment for the last 22 years. All sales are done in the online marketplace. Great Markups running from 300 - 600%. Very profitable business. Open Monday-Friday. Closed Weekends. Price includes $400-$500,000 of merchandise priced at the seller's cost!
Asking Price
$495,000
Cash flow
$3,030,000
Revenue
$19,500,000
Down
Call/Email
Posting: 280367 | Available | 7/2/23
This is a stocking distributor of communications products & equipment used in voice, data, and security installations. Caters to commercial, industrial, communication, government, and OEM industries. Headquartered in Southern California. The seller will exit gradually or might stay on indefinitely.
Asking Price
$13,000,000
Cash flow
$64,000
Revenue
$411,000
Down
$99,000
Posting: 283024 | Available | 2/2/24
This is a long-established wholesale distribution, bar and restaurant supply company for sale. The majority of the established client list is located in Contra Costa County. The warehouse is currently rented month by month. A new lease may be available for the buyer or move to a new location!
Asking Price
$99,000
Cash flow
$248,900
Revenue
$399,000
Down
$400,000
Posting: 263312 | Available | 10/22/20
Highly profitable plumbing supply company with significant expansion potential. Located in a quaint Northern California town, this opportunity presents a unique set of parameters to live in a rural community and grow a business to the next level. Loyal repeat customers with limited other choices.
Asking Price
$749,000
Cash flow
$209,081
Revenue
$680,660
Down
Call/Email
Posting: 285439 | Available | 4/4/24
This award-winning, profitable, and well-established artisanal retail and wholesale bakery comes fully equipped with a state-of-the-art kitchen, built out by a classically trained French pastry chef. It is chock-full of hard-to-find, high-end European-style commercial equipment.
Asking Price
$487,000
Cash flow
$424,000
Revenue
$1,700,000
Down
$1,170,000
Posting: 285982 | Available | 4/4/24
Trusted by airlines and MROs in North America, Europe, and Asia, the company supplies aircraft parts from nose to tail win tip to wing tip. As an ASA-100 accredited supplier, the company provides top-quality aircraft parts worldwide with excellent customer service.
Asking Price
$1,300,000
Cash flow
$114,000
Revenue
$434,000
Down
Call/Email
Posting: 283570 | Available | 10/27/23
For sale is a quality and healthy snack distribution business with territory in MA, NH, and RI. It is a flexible and simple business model with current cash flow from existing clients. This is a franchise but there are no royalties and low overhead with this model. They have a low client turnover.
Asking Price
$135,000
Bldg Size
na
Typical Floor Size
0 Sq.Ft
Year Built
Call / Email
Posting: 285798 | Available | 3/22/24
For sale is an automotive parts distributor that has a proven business model in the distribution segment. Distinct competitive advantage by offering customers better availability, higher quality product at a competitive price. Proprietary software system optimized specifically for this business.
Asking Price
$703,000
Cash flow
$190,000
Revenue
$800,000
Down
Call/Email
Posting: 284718 | Available | 1/17/24
This Company is a casket distributor that proudly sells products crafted in the USA with many customizable options provided. This regional one-stop shop for caskets and accessories serves a broad portion of West Virginia, with the potential to further expand both geographically and the customer base
Asking Price
$800,000
Cash flow
$636,304
Revenue
$898,964
Down
Call/Email
Posting: 281750 | Available | 7/22/23
100% of the reported gross income for this business is recurring revenue from SAAS products! This very profitable distribution company bills itself as a Technology Strategy & Advisory practice helping its customers to build exceptional business value from technology.
Asking Price
$2,300,000
Cash flow
$535,676
Revenue
$691,531
Down
Call/Email
Posting: 283117 | Available | 1/15/24
his highly profitable wholesale floral arrangement business, with exponential year-over-year growth! The business provides beautiful, artisanal, handmade floral arrangements to affluent, gourmet and natural grocery stores.
Asking Price
$1,000,500
Cash flow
Call / Email
Revenue
Call / Email
Down
$150,000
Posting: 263729 | Available | 5/24/21
This company manufactured and distributed a proprietary, innovative homeopathic supplement that is designed to support the user's alertness, mental focus and productivity. With over $1.2Ml invested to date, they have created a new and natural way to boost your energy.
Asking Price
$150,000
Cash flow
$58,469
Revenue
$485,986
Down
Call/Email
Posting: 284521 | Available | 1/5/24
Unlock the opportunity to own a well-established food distribution business. For years, this company has served as a trusted food wholesaler in delivering top-quality products to a diverse clientele, including restaurants, cafes, and retail outlets in Santa Cruz, Santa Clara and Monterey counties.
Asking Price
$199,995
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282556 | In Contract | 9/2/23
Under Contract - Fire Fighter Support Services Company One division operates as an emergency service provider for and supplies equipment, water trucks and operators to Cal-Fire and United States Forest Service (USFS) for operations on wildland fires on.
Asking Price
$110,000
Cash flow
$130,000
Revenue
$700,000
Down
Cash Only
Posting: 285446 | Available | 3/1/24
Introducing a well-established wholesale dry cleaner & shirt plant located in North Orange County. It is located in the large major shopping center area, the cleaner is open for 5 and half days. It is easily run and an experienced manager runs the business with tens of full time employees.
Asking Price
$279,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 279016 | Available | 3/17/24
This is an Asian distribution warehouse for sale in North San Jose minutes to H-Mart supermarket, Starbucks, restaurants, and shopping center. Approximately 46,000 sq ft of warehouse with 13 roll-up doors, 2 trucks, 5 walk-in coolers, 4 forklifts, 8 pallet jacks, and 4 electric pallet jacks.
Asking Price
$20,000,000
Bldg Size
na
Typical Floor Size
0 Sq.Ft
Year Built
Call / Email
Posting: 285800 | Available | 3/22/24
For sale is a distribution business with new product offerings readily available. They have a proven business model in the distribution segment. Distinct competitive advantage by offering customers better availability, higher quality product at a competitive price.
Asking Price
$440,000
Cash flow
$127,190
Revenue
$1,345,673
Down
Call/Email
Posting: 281442 | Available | 3/19/24
Enter the highly profitable outdoor recreational product space for hunters and anglers with an acquisition of this leading product importer/distributor. Included in the sale are strong transferable supply chain relationships with overseas manufacturers; loyal transferable wholesale accounts.
Asking Price
Call/Email
Cash flow
$450,256
Revenue
$2,658,627
Down
Call/Email
Posting: 279759 | Available | 3/17/23
Proudly made in the USA. The manufacturer of This architectural product is marking its 20th season in business. This custom-engineered fiberglass product is sold and installed in the entire Gulf Atlantic region from the Deep South to Texas.
Asking Price
$1,115,000
Cash flow
$519,390
Revenue
$3,620,497
Down
$1,650,000
Posting: 277604 | Available | 11/14/23
This acclaimed wholesale bakery with a retail component is a category leader when it comes to the accolades and media attention bestowed upon it. The wholesale side of the business generates nearly $3M in annual revenues, while the retail side contributes nearly $1M in revenues.
Asking Price
$1,550,000
Cash flow
$300,000
Revenue
3M
Down
$895,000
Posting: 277631 | Available | 12/1/22
Present owner has operating this business 23 years. Very easy operating and good profit. Lots of potential for active buyer. Training will be included. Approximately $400,000 in inventory. Minimum 20% and plus margin on it. Over 9.000 sqft warehouse and low rent of $8,000 per month.
Asking Price
$895,000
Cash flow
$200,000
Revenue
$600,000
Down
Call/Email
Posting: 275386 | Available | 2/19/23
This wholesale bakery with a retail front has been in business for over 30 years. It is absolutely the best location in West Hollywood on a major shopping plaza with great parking and major anchor businesses there. There are lots of wholesale accounts and retail customers. It is 1,750 sq. ft.
Asking Price
$219,000
Cash flow
$341,000
Revenue
$1,900,000
Down
$544,000
Posting: 283275 | Available | 1/4/24
Being offered for sale is a very profitable tire and auto service business located on a heavily traveled highway in Los Angeles County. The spacious facility is the anchor in an attractive auto plaza occupying 3,800 square feet. The shop features a large showroom and 4 bays.
Asking Price
$544,000
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
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
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
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
I am 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
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.
Avoiding the obvious mistakes when selling a small business is important if you want to sell your business. Peter Siegel, Director of BizBen and the BizBen ProSell Program discusses what fatal mistakes business owners should avoid when selling their small to mid-sized California business.
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.
Only 30% of all small businesses for sale that are put on the market overall are sold! A surprising statistic to most business owners, agents, and brokers trying to sell a small business! If however you follow the strategies (BizBen Protocol Method) in this blog post you should see success!
As an Advisor On BizBen I talk to many California business owners, business buyers, brokers, and agents on a daily basis about valuing California small to mid-sized businesses. Many key factors go into this analysis including market demand, history of earnings, and even how the deal is structured.
One of the most difficult challenges when purchasing a small business is expressed by this prospective buyer of a liquor store who is told by the seller that there is more money being made than shows up on the books. Should the buyer accept that statement by the seller & go ahead with the purchase?
The economy has started to repair itself since the recession. While things may never be what they were in the past, the economy and small businesses have started to gain some form of momentum again. If you are considering buying a small to mid-size business consider these recession proof businesses.
Buyers search for an absentee business, wanting to collect profits generated by a successful enterprise without having to stand at the sales counter or cash register, without having to cook, operate equipment or talk to customers. Peter Siegel, MBA offers his intake on absentee run businesses.
Being an Entrepreneur has its perks, it can also be challenging. You need to make sure you're ready for the challenge. Here's a list of 10 important questions to get you started when buying a business. Peter Siegel, MBA (BizBen Founder) reviews this topic for business buyers of small businesses.
Most business acquisition financing strategies involve borrowing money to meet the purchase price. But an entirely different approach, equity sharing, is sometimes pursued if borrowed money is not wanted, or is not available to complete the purchase. Peter Siegel, MBA - BizBen.com covers this topic.
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.
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.
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.
With the multitude of factors that come into play when deciding the appropriate time to inform your employees that your business is for sale, I do not offer a standard or general answer. When sellers consult me as to my opinion on when it is the right time, I like to review the major issues that...
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!
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.
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.
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.
First impressions are critical when selling a business - ask any potential business buyer. Peter Siegel, Founder Of BizBen explains why all potential small business sellers need to make sure that first impression is a good one.
Most owners know that when choosing a broker to help sell your business, it's good to find out about his or her background and maybe get some references of people who've worked with the professional. Before signing a listing agreement, it helps to know these extra things about the business broker.
With the economy in growth mode, many owners of small companies who are ready to retire or invest in another enterprise would be smart to offer their business for sale. But some insist on hanging on as owner just a little bit longer. And that might be a mistake. Three reasons people make this error.
Unlike a traditional brick and mortar business, selling a home business requires more finesse on the part of the seller. You really need to do your due diligence and prepare the business to be sold in order to make it attractive to a buyer. Here are my tips to achieving a successful sale.
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.
The use of add backs & sellers discretionary cash is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains.
Owners should keep the fact that they want to sell their small business confidential. Before releasing information to prospective buyers, buyers should commit to confidentiality in writing & should understand why it is important. Peter Siegel, MBA a ProBuy and ProSell Advisor with BizBen explains.
Approaching business owners directly to see if they want to sell can sometimes work well for business buyers searching to buy a small business. Another way is to broadcast your search criteria via the BizBen ProBuy Program to all brokers, agents, and intermediaries who are selling a small business.
In my experience working with the "right banks and financial institutions" repayment ability sometimes overrules collateral pledged by someone needing financing for a business purchase or a down payment. Peter Siegel, MBA - BizBen's ProBuy, ProSell Lead Facilitator explores this important 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.
Valuing a small business is not guess work. It's not what some other businesses of the same type may have or may not have been sold for, it's not even what a business owner "feels" they want or deserve. It is a formula based on many factors. Peter Siegel, MBA from BizBen & others discuss this topic.
