New BizEx Business For Sale: Desert Pets and More Kendric Foultz, CBB just launched a new listing: http://www.bizex.net/listing/657 Desert Pets and More Asking: $199,950 * Gross: $555,000 * Net: $130,000 Business for sale is a long established profitable pet store and grooming facility. The business is well staffed and the owner is willing to train [...]
New BizEx Business For Sale: Desert Pets and More Kendric Foultz, CBB just launched a new listing: http://www.bizex.net/listing/657 Desert Pets and More Asking: $199,950 * Gross: $555,000 * Net: $130,000 Business for sale is a long established profitable pet store and grooming facility. The business is well staffed and the owner is willing to train the buyer in all areas necessary to keep the operation running smoothly The owner has another similar business that is demanding too much of his time to do this one justice so he has decided the best thing for all concerned is to sell to an owner operator who will give the business what it needs. For more information please visit www.bizex.net and “register” as a buyer or you may contact Kendric Foultz directly at 310-968-2369. Kendric Foultz, CBB Email: kfoultz@bizex.net Office: (310) 882-2200 ext 102 Blog: http://www.bizex.net/blog Web: http://www.bizex.net/business-broker/kendric-foultz BizEx.net | Lic# 01484102 | 4551 Glencoe Ave., Suite 210, Marina del Rey, CA 90292 | Phone: (310) 882-2200 | Toll-Free: (888) 60-BIZEX | Fax: (310) 882-2201 | Web: www.BizEx.net
New BizEx Business For Sale: SoCal Dairy Queen Kendric Foultz, CBB just launched a new listing: http://www.bizex.net/listing/653 SoCal Dairy Queen Asking: $200,000 * Gross: $200,000 * Net: $65,000 Business for sale is a newly remodeled Dairy Queen in Southern California. This established business has operated from its location for the past 13 years. The owner [...]
New BizEx Business For Sale: SoCal Dairy Queen Kendric Foultz, CBB just launched a new listing: http://www.bizex.net/listing/653 SoCal Dairy Queen Asking: $200,000 * Gross: $200,000 * Net: $65,000 Business for sale is a newly remodeled Dairy Queen in Southern California. This established business has operated from its location for the past 13 years. The owner has gotten rent reductions and added an additional franchise to the mix to make this a very attractive opportunity for a franchise buyer. Business has been run absentee so a full time working owner should be able to increase and improve the business. For more information please go to www.bizex.net and register as a buyer or you may call Kendric Foultz directly at 310-968-2369. Kendric Foultz, CBB Email: kfoultz@bizex.net Office: (310) 882-2200 ext 102 Blog: http://www.bizex.net/blog Web: http://www.bizex.net/business-broker/kendric-foultz BizEx.net | Lic# 01484102 | 4551 Glencoe Ave., Suite 210, Marina del Rey, CA 90292 | Phone: (310) 882-2200 | Toll-Free: (888) 60-BIZEX | Fax: (310) 882-2201 | Web: www.BizEx.net
New BizEx Business For Sale: MMA Retail Shop Kendric Foultz, CBB just launched a new listing: http://www.bizex.net/listing/459 MMA Retail Shop Asking: $35,000 * Gross: $250,000 * Net: $24,000 Retail specialty sporting goods business for sale in the Los Angeles area. This business focuses on a very popular and growing self defense niche. It has very [...]
New BizEx Business For Sale: MMA Retail Shop
Kendric Foultz, CBB just launched a new listing: http://www.bizex.net/listing/459
MMA Retail Shop Asking: $35,000 * Gross: $250,000 * Net: $24,000
Retail specialty sporting goods business for sale in the Los Angeles area. This business focuses on a very popular and growing self defense niche. It has very little direct competition and customers come from miles around to purchase the high quality merchandise. The business is located on a high traffic street and has excellent signage. It has only been open approximately a year and a half and has been profitable from the start. The business boasts a data base of over 1,500 customers and has a current POS system. There is a modest website, but no attempt as of yet to build an online business. Owner has priced this to move as he has other interests and needs to free up his time. For more information please go to www.bizex.net and “register” as a buyer or you may contact Kendric Foultz directly at 310-968-2369.
Kendric Foultz, CBB Email: kfoultz@bizex.net Office: (310) 882-2200 ext 102 Blog: http://www.bizex.net/blog Web: http://www.bizex.net/business-broker/kendric-foultz
BizEx.net | Lic# 01484102 | 4551 Glencoe Ave., Suite 210, Marina del Rey, CA 90292 | Phone: (310) 882-2200 | Toll-Free: (888) 60-BIZEX | Fax: (310) 882-2201 | Web: www.BizEx.net
Knowing what a business buyer wants is the key to selling your business and getting the best price for it. In this market climate, most buyers are looking for two things, a cash flowing business and a deal. Here are a few things that a business buyer is gong to want to know that will [...]
Knowing what a business buyer wants is the key to selling your business and getting the best price for it. In this market climate, most buyers are looking for two things, a cash flowing business and a deal. Here are a few things that a business buyer is gong to want to know that will allow the buyer to asses the situation and determine if yours is the right business for them.
• Is the business currently producing an income for the owner?
• Is the business seller retiring and fully funded his or her retirement plans? • Does the sale of the business only represent a small part of the retirement portfolio?
• Is the business debt free?
• Do the financials show that the depreciation schedules are completely exhausted?
Affirmative answers to these questions tell the business buyer that the business is making enough money for their needs and you are indeed in a financial position to sell your business and sell it within the constraints of the marketplace.
Another thing that a buyer is going to want to know about is your plan for the future. Nobody wants to get to the closing table only to have the owner decide that he or she wants to keep the business. Equally, nobody wants to buy a business only to find out that you’re going to open a competing business. This is why buyers like sellers that are clearly of retirement age and means. If your business is complex or highly personal in nature, a buyer may require that you stay involved in the business for a period of time to provide a seamless transition. If you have dreams of selling your business and moving to the Caribbean, this might be achievable. You may only have to adjust your time line a bit.
Now that you know some of the keys to attracting a buyer for your business, the next step is to find the right buyer for your business. To do that you’re going to want someone to help you who understands business buyers.
Kendric Foultz is a certified business broker with decades of experience in deal making and working with business buyers and sellers. Feel free to give him a call regarding your business related issues at 310-968-2369.
By Kendric Foultz CBB, BizEx Business Broker Profile 310-882-2200 Ext 102New BizEx Business For Sale: Valley Tack and Saddle Kendric Foultz, CBB just launched a new listing: http://www.bizex.net/listing/449 Valley Tack and Saddle Asking: $165,000 * Gross: $300,000 * Net: $75,000 Equestrian retail supply business for sale in Los Angeles County is an established niche business that was profitable right through the recession and is ready [...]
New BizEx Business For Sale: Valley Tack and Saddle
Kendric Foultz, CBB just launched a new listing: http://www.bizex.net/listing/449
Valley Tack and Saddle Asking: $165,000 * Gross: $300,000 * Net: $75,000
Equestrian retail supply business for sale in Los Angeles County is an established niche business that was profitable right through the recession and is ready for a new owner. This seasoned business is over 10 years old and going strong. The founder owner is ready for a life change and needs to let go to move on to the next phase. This is an ideal business for the avid rider type or someone who could benefit from owning this type of business. The current owner, who is an avid horse rider, has benefited tremendously from owning this business. All business matrix are very solid. Rent as a function of revenue is right at 10%. The business has strong overall margins and has a well trained staff. The owner is committed to the ongoing success of the business and will make sure that you have all the training and tools necessary to be successful. If you are into the horse scene this could be the ideal business for you. For more information please go to www.bizex.net and register as a buyer or you may contact Kendric Foultz directly at 310-968-2369.
Kendric Foultz, CBB Email: kfoultz@bizex.net Office: (310) 882-2200 ext 102 Blog: http://www.bizex.net/blog Web: http://www.bizex.net/business-broker/kendric-foultz
BizEx.net | Lic# 01484102 | 4551 Glencoe Ave., Suite 210, Marina del Rey, CA 90292 | Phone: (310) 882-2200 | Toll-Free: (888) 60-BIZEX | Fax: (310) 882-2201 | Web: www.BizEx.net
New BizEx Business For Sale: Valley Liquor Kendric Foultz, CBB just launched a new listing: http://www.bizex.net/listing/450 Valley Liquor Asking: $150,000 * Gross: $300,000 * Net: $65,000 Liquor store for sale in the east end of the Conejo Valley of Los Angeles County. This store is approximately 2,000 sqft and has been established for almost 30 [...]
New BizEx Business For Sale: Valley Liquor
Kendric Foultz, CBB just launched a new listing: http://www.bizex.net/listing/450
Valley Liquor Asking: $150,000 * Gross: $300,000 * Net: $65,000
Liquor store for sale in the east end of the Conejo Valley of Los Angeles County. This store is approximately 2,000 sqft and has been established for almost 30 years. The current owner is highly motivated as he also owns a franchise restaurant that needs his full time attention. This long established business has a HUGE upside for a savvy buyer. This has nothing to do with the business itself, but with a new business that will be opening nearby. Call for details regarding this development. Seller is looking for a quick transaction so be aggressive and you could get a great deal. For more information go to www.bizex.net and “register” as a new buyer or you may contact Kendric Foultz directly at 310-968-2369.
Kendric Foultz, CBB Email: kfoultz@bizex.net Office: (310) 882-2200 ext 102 Blog: http://www.bizex.net/blog Web: http://www.bizex.net/business-broker/kendric-foultz
BizEx.net | Lic# 01484102 | 4551 Glencoe Ave., Suite 210, Marina del Rey, CA 90292 | Phone: (310) 882-2200 | Toll-Free: (888) 60-BIZEX | Fax: (310) 882-2201 | Web: www.BizEx.net
New BizEx Business For Sale: Beachside Restaurant and Night Club Kendric Foultz, CBB just launched a new listing: http://www.bizex.net/listing/437 Beachside Restaurant and Night Club Asking: $600,000 * Gross: $500,000 * Net: $0 Bar and restaurant , night club business for sale in the south bay area. If you are looking for a 9,000 sqft prime [...]
New BizEx Business For Sale: Beachside Restaurant and Night Club
Kendric Foultz, CBB just launched a new listing: http://www.bizex.net/listing/437
Beachside Restaurant and Night Club Asking: $600,000 * Gross: $500,000 * Net: $0
Bar and restaurant , night club business for sale in the south bay area. If you are looking for a 9,000 sqft prime location night club, then look no further. This opportunity is looking for a new owner to take full advantage of the location and surrounding amenities. Current owner is moving out of the state and needs to sell. Sale includes all liquor license, entertainment license, fully equipped kitchen, and all the assets of the currently operating business. The location has plenty of covered parking and is located in a vibrant area of town. The possibilities are limitless for an operator with vision and knowledge of the bar, restaurant, night club industry. To learn more please log on to www.bizex.net and register as a buyer or you may contact Kendric Foultz directly at 310-968-2369 for more information.
Kendric Foultz, CBB Email: kfoultz@bizex.net Office: (310) 882-2200 ext 102 Blog: http://www.bizex.net/blog Web: http://www.bizex.net/business-broker/kendric-foultz
BizEx.net | Lic# 01484102 | 4551 Glencoe Ave., Suite 210, Marina del Rey, CA 90292 | Phone: (310) 882-2200 | Toll-Free: (888) 60-BIZEX | Fax: (310) 882-2201 | Web: www.BizEx.net
Almost nothing is as upsetting to a business owner than listing their business for sale and then having it sit on the market for months with no activity on it! “What is wrong, why haven’t you sold my business” you ask the business broker. The answer might be complex or very simple. The best thing [...]
Almost nothing is as upsetting to a business owner than listing their business for sale and then having it sit on the market for months with no activity on it! “What is wrong, why haven’t you sold my business” you ask the business broker. The answer might be complex or very simple. The best thing to do as a business seller is to ask yourself a basic question. “Does this offering make sense? Would I buy my own business as presented?”
Put yourself in the Buyer’s shoes and price your business accordingly. First of all the asking price and terms have to make financial sense relative to the historical earnings of the business along with future positive outlook for the business and its industry. In a great many cases, it’s the asking price that is preventing the sale. Next take a look at the terms. If the business has been approved for SBA financing then terms shouldn’t be a problem. If the sale doesn’t qualify for outside financing and the seller wants more than 50% down payment then you are likely to have a problem. Ask the business broker to show how the business would cash flow for a new owner.
Goodwill will likely be the most valuable element of your business. A credible Confidential Business Review will substantiate the value to a Buyer and increase the likelihood of getting a reasonable offer. Make sure that the business broker has been able to create a Confidential Business Review of the business that paints an accurate picture of what is going on with your operation. There should not be any significant gaps that would cause a serious buyer to wonder why relevant information is not included. That is one of the best ways to turn off a good buyer. While no two businesses are exactly the same, they do share many common elements and the buyers want to compare these elements from business to business.
Finally, make sure you’re getting the word out to the right buyer. Have a complete understanding of what the business broker is doing to market your business. Sometimes an owner will know of something that would help the marketing efforts of the broker and should let the broker know right away. This might be something like a particular trade journal or industry conference. Don’t forget that this is a team effort.
By Kendric Foultz CBB, BizEx Business Broker Profile 310-882-2200 Ext 102New BizEx Business For Sale: Los Angeles Power Wash Kendric Foultz, CBB just launched a new listing: http://www.bizex.net/listing/427 Los Angeles Power Wash Asking: $115,000 * Gross: $125,000 * Net: $80,000 Los Angeles based service business for sale. Want to work for yourself and make $100,000/year? Here is the opportunity you’ve been waiting for. This is [...]
New BizEx Business For Sale: Los Angeles Power Wash
Kendric Foultz, CBB just launched a new listing: http://www.bizex.net/listing/427
Los Angeles Power Wash Asking: $115,000 * Gross: $125,000 * Net: $80,000
Los Angeles based service business for sale. Want to work for yourself and make $100,000/year? Here is the opportunity you’ve been waiting for. This is a ten year old service business that has about 75 stable customers that have been with the company for years. The owner does not work full time and is already making $80,000. A new owner should be able to grow this up to at least $100,000 working full time and even larger if desired. This business can be run out of your home and has very little overhead. The owner is moving out of the state for family reasons and needs to sell this gem so that he can move on. He is very motivated and has priced this with terms to move quickly. For more information please go to www.bizex.net and register as a buyer or you may contact Kendric Foultz directly at 310-968-2369.
Kendric Foultz, CBB Email: kfoultz@bizex.net Office: (310) 882-2200 ext 102 Blog: http://www.bizex.net/blog Web: http://www.bizex.net/business-broker/kendric-foultz
BizEx.net | Lic# 01484102 | 4551 Glencoe Ave., Suite 210, Marina del Rey, CA 90292 | Phone: (310) 882-2200 | Toll-Free: (888) 60-BIZEX | Fax: (310) 882-2201 | Web: www.BizEx.net
Kendric Foultz, CBB just launched a new listing: http://www.bizex.net/listing/403 Malibu Tree Service Asking: $399,000 * Gross: $600,000 * Net: $150,000 Tree trimming business for sale has been established in the Ventura and Los Angeles county markets for many years. Owner is retiring and relocating to the East Coast. This business has a well known name [...]
Kendric Foultz, CBB just launched a new listing: http://www.bizex.net/listing/403
Malibu Tree Service Asking: $399,000 * Gross: $600,000 * Net: $150,000
Tree trimming business for sale has been established in the Ventura and Los Angeles county markets for many years. Owner is retiring and relocating to the East Coast. This business has a well known name in the industry and much of the business is from repeat customers. There is plenty of room for a young new owner to grow the business as the current owner grew the business to the level that satisfied his person needs and no more. The business can be run from a home office and currently maintains a very reasonably priced lot to locate its vehicles and tools. The business has been steady for the last several years and should show organic growth as the economy improves and neglected trees require maintenance. The owner claims an SDE of between $150k and $200k depending on the year. This is currently a pure service business and requires no inventory. This could be an opportunity for someone in the landscaping business to add another dimension to their current operation. The business utilizes a small staff and then hires out the labor as required to satisfy the demand. If you would like more information please go to www.bizex.net and “register” or you may contact Kendric Foultz directly at 310-968-2369.
Kendric Foultz, CBB Email: kfoultz@bizex.net Office: (310) 882-2200 ext 102 Blog: http://www.bizex.net/blog Web: http://www.bizex.net/business-broker/kendric-foultz
