Lee Petsas a Southern California business broker writes about his experiences relating to when to tell employees the business is for sale or has been sold. Contributor: Lee Petsas
Lee Petsas has been selling businesses with UBI Business Brokers in Southern CA since 1981. In 1999 he became the Owner and Broker for UBI. He has been approved multiple times by Courts as an Expert Witness in the area of Business Valuations.
Long established, about 40 years, well known sports bar with type 42 ABC, Beer & Wine license. Free standing building with easy entrance and ample parking. Very easy to operate with a single employee per shift. Large fixed bar, TVs all around for sports lovers, two (2) pool tables and vending games Posting #: 264698 Posted by: Joe Sales.
Just opened. large restaurant with great visibility on a Major Blvd. on route 66. Nice area, border of Claremont. The place is new inside, new electronic menu boards, televisions, POS system, dual mirrored cook line (2 identical side by side cook lines, grills, fryer, etc.), lots of storage. Posting #: 264157 Posted by: Joe Sales.
Absentee run. Located in the entrance of a very large shopping center. Busy location with all the major national retail tenants. Monthly gross sales $140,000. Monthly Net Profit $28,000. Monthly Gross $160,00. Long term lease or purchase real estate for additional sum. Completely Remodeled in 2012.
Posting #: 258492 Posted by: Joe Sales.
This Business is for clients who want Lash Extensions done in a beautiful manner. The client has an experience that would be similar to a high end Spa. Each client receives a Eyelash Extension Agreement and Consent Form. Clients retention at 97%. The Seller would like to stay as an employee.
Posting #: 261076 Posted by: Joe Sales.
This franchise is in Orange County CA. The Seller is willing to waive the Franchise Fee and make it more affordable to purchase the business. The business is a popular, international personal training center franchise. They specialize in 30-minute weight loss boot camps that challenge the body. Posting #: 264261 Posted by: Joe Sales.
Great bar, restaurant nightclub in the heart of main street. Absentee owner does not work here. Great location for your concept or keep the current one. Across the street from the beach & pier. Must see to appreciate. This desirable location is management run, (seller does not work here). Posting #: 258126 Posted by: Joe Sales.
Freestanding Restaurant building with a Drive-thru in use. Clean building. Business has been in operation for about 40 years. Well established. Well up kept building and equipment. All in good shape. 1 owner works full time here. Plenty of parking. Good Street exposure. Industrial Location. Posting #: 259459 Posted by: Joe Sales.
Neat Clean beer bar (& SOJU) on a very busy corner on a main street. Great visibility with lot & street parking in this high density location close to the water & ship yards. Multiple TVs for sports & entertainment, as well as a great sound system. A favorite of locals (lots of longshoremen). Posting #: 265724 Posted by: Joe Sales.
Lee Petsas, a Southern California business broker addresses how he handles potential business buyers when they request information on a business for sale listing. He gives his strategies and tips for handling and directing business buyer inquiries. Contributor: Lee Petsas
Established freight shipping and trucking company with an excellent reputation for regional dedicated trucking. This is a niche business that has capitalized on the recent change in consumer spending. Business has seen tremendous growth. Great for a new buyer to continue its success. Posting #: 264874 Posted by: Joe Sales.
International Pizza franchise with well-known brand recognition. Located in a busy shopping center surrounded by national anchors. Established since 1996 owner has owned since 2008. When they took over in 2008, they did a complete remodel to the restaurant. Spending thousands of dollars in updating Posting #: 257358 Posted by: Joe Sales.
7-Eleven Franchise. Business owner only supplies and pays for employees and equipment maintenance contract of $1,972 per month that covers everything. Franchisor provides all inventory and even does the ordering, accounting, utilities, and all other operating expenses. Posting #: 262936 Posted by: Joe Sales.
Very good looking Sports Bar and Grill located in a Major Vons Shopping center. End Cap unit with nice patio off the end. Upper income neighborhood with lots of newer homes and more under construction. Full liquor type 47 ABC license. 24 Tap Glycol Beer system. Full kitchen Posting #: 265979 Posted by: Joe Sales.
Big, beautiful drive-thru restaurant. This store is 18 years old and has been one of the higher volume burger drive-thru restaurants in the ie for the full 18 years. Very well established and known. The building, interior and equipment are top notch and all well maintained. Posting #: 265935 Posted by: Joe Sales.
A properly prepared purchase agreement is of foremost importance in any business purchase. Lee Petsas, a Southern California business broker defines what should be in a purchase agreement when buying a business. Contributor: Lee Petsas
There are a handful of key asset categories in allocating or breaking down the purchase price allocation of a business sale. The allocation is required to complete the transaction. Lee Petsas, a Southern California business broker reviews this topic in detail for buyers and sellers of businesses. Contributor: Lee Petsas
Due to the current state of the credit markets and bank financing, seller financing when selling a California small business is more important then ever in a business sale. Lee Petsas, Southern California business broker walks us through the nuances of owner carry notes - seller financing. Contributor: Lee Petsas
Lee Petsas, a Southern California business broker explores: How much consideration should I give as deposit? Are Deposits refundable and when? Cashing deposits & opening escrow, Return of deposit to buyer, Why do we take a deposit from buyers when preparing & executing a purchase agreement contract? Contributor: Lee Petsas
