New BizEx Business For Sale: Class Reunion Services Stuart Gross just launched a new listing: http://www.bizex.net/listing/633 Class Reunion Services Asking: $1,150,000 * Gross: $2,337,000 * Net: $371,660 This 30 year old high school reunion business for sale is the oldest largest and most successful company in the nation. It is a full service manager and [...]
New BizEx Business For Sale: Class Reunion Services Stuart Gross just launched a new listing: http://www.bizex.net/listing/633 Class Reunion Services Asking: $1,150,000 * Gross: $2,337,000 * Net: $371,660 This 30 year old high school reunion business for sale is the oldest largest and most successful company in the nation. It is a full service manager and producer of these events. They will produce 250 – 300 events per year all over the country. This business has survived and adapted to the changes in social media. There is still a lot of room for continued growth.They have a very valuable data base of 2.6 million names and addresses and it grows by 250,000 per year. They send 500,000 pieces of direct mail each year and reach 1 million eyeballs. There is room for significant growth for a buyer who wants to expand the offering to other types of events. The owners have had a successful 13 year tenure and are moving on to philanthropic projects they wish to pursue. Excellent books and records. For information about this business opportunity please contact Stuart Gross at 310 882 2200 ext 118 or at sgross@bizex.net. Please register as a buyer at www.bizex.net Stuart Gross Email: sgross@bizex.net Office: (310) 882-2200 ext 118 Blog: http://www.bizex.net/blog Web: http://www.bizex.net/business-broker/stuart-gross 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: European Mobile Carrier Content Provider Stuart Gross just launched a new listing: http://www.bizex.net/listing/639 European Mobile Carrier Content Provider Asking: $23,000,000 * Gross: $11,601,000 * Net: $4,345,691 This business is a fast growing tech media company which provides services for delivering content over mobile carriers in a highly monetizable system. They [...]
New BizEx Business For Sale: European Mobile Carrier Content Provider Stuart Gross just launched a new listing: http://www.bizex.net/listing/639 European Mobile Carrier Content Provider Asking: $23,000,000 * Gross: $11,601,000 * Net: $4,345,691 This business is a fast growing tech media company which provides services for delivering content over mobile carriers in a highly monetizable system. They have proprietary technology and process. Partners already in place in Europe, and other regions. In their second revenue generating year 2012 they had revenues of over 15Million in US dollars and an excellent bottom line. they are now in 5 European countries and plan to be in 11 countries in 2013. The business has very high growth and high and increasing margins. The business is ready to go worldwide. Most of management will stay on board. Complete information packages are available. Only highly qualified buyers please.To inquire about this business opportunity contact Stuart Gross (media, and technology business specialist) at 310 882 2200 ext 118 or at sgross@bizex.net Stuart Gross Email: sgross@bizex.net Office: (310) 882-2200 ext 118 Blog: http://www.bizex.net/blog Web: http://www.bizex.net/business-broker/stuart-gross 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: Established Direct Mail Advertising Business Stuart Gross just launched a new listing: http://www.bizex.net/listing/617 Established Direct Mail Advertising Business Asking: $239,000 * Gross: $429,000 * Net: $103,559 Established direct mail coupon advertising and printing services business for sale with great growth potential. This 14 year old business sells targeted direct mail [...]
New BizEx Business For Sale: Established Direct Mail Advertising Business Stuart Gross just launched a new listing: http://www.bizex.net/listing/617 Established Direct Mail Advertising Business Asking: $239,000 * Gross: $429,000 * Net: $103,559 Established direct mail coupon advertising and printing services business for sale with great growth potential. This 14 year old business sells targeted direct mail advertising and promotional discount offers to local businesses. This is a tried and true business model that is easy to run, home based or office based. The business was larger and used to provide all services in-house including design, printing, and mailing but now outsources all of those services. The business may be expanded as much as the new owner is willing. This could be a simple and profitable small business or a national franchise. They currently serve specific areas of northern Los Angeles County and parts of Ventura County. They have a well-established sales model and format, provable customer ROI, a high level of customer satisfaction and a recurring and renewing customer base – 80% renewals. They have a better format and are more cost effective than most of their competition. The owner needs capital for other ventures but he is willing to stay on as a commission only sales person to open additional territories if the new owner chooses. To inquire about this business opportunity contact Stuart Gross (media, marketing and advertising business specialist) at 310 882 2200 ext 118 For fastest response go to www.BizEx.net and register as a buyer. Stuart Gross Email: sgross@bizex.net Office: (310) 882-2200 ext 118 Blog: http://www.bizex.net/blog Web: http://www.bizex.net/business-broker/stuart-gross 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: TV Post Production and Editing Facility in L.A. Stuart Gross just launched a new listing: http://www.bizex.net/listing/407 TV Post Production and Editing Facility in L.A. Asking: $750,000 * Gross: $1,800,000 * Net: $200,000 14 year old Los Angeles TV Post-production Company in $million + facility for sale. They provide editorial and [...]
New BizEx Business For Sale: TV Post Production and Editing Facility in L.A.
Stuart Gross just launched a new listing: http://www.bizex.net/listing/407
TV Post Production and Editing Facility in L.A. Asking: $750,000 * Gross: $1,800,000 * Net: $200,000
14 year old Los Angeles TV Post-production Company in $million + facility for sale. They provide editorial and finishing services for television, online and other media platforms including color correction, titling, graphics, and audio mixing and machine room services including dubbing and other deliverables. They offer a full menu of technical procedures including closed captioning, QC, file encoding/transcoding, digital dailies, I/O (to and from tape), etc. They also provide creative editorial and can handle complete finishing needs on most projects. Sellers are a seasoned management and creative team and are willing to stay on board. They have always relied on word of mouth and client referral – Ideal buyer to help develop marketing and sales to fill their large capacity shop (estimated capacity of the facility as is, 8Million in revs plus room for expansion). Perfect acquisition for synergistic buyer.The 20,000 sq. ft. facility offers versatile space which also provides office space rentals for production companies. Infrastructure is excellent and facility is well appointed for high end clients. The financial numbers are in EBITDA. For information please call Stuart Gross at 310 924 5384 or email to sgross@bizex.net
Stuart Gross Email: sgross@bizex.net Office: (310) 882-2200 ext 118 Blog: http://www.bizex.net/blog Web: http://www.bizex.net/business-broker/stuart-gross
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: Car and Limosine Service for Sale Stuart Gross just launched a new listing: http://www.bizex.net/listing/430 Car and Limosine Service for Sale Asking: $250,000 * Gross: $335,000 * Net: $102,055 Car and Limousine service for portal to portal reservation only in the Los Angeles area. This long standing service business for sale [...]
New BizEx Business For Sale: Car and Limosine Service for Sale
Stuart Gross just launched a new listing: http://www.bizex.net/listing/430
Car and Limosine Service for Sale Asking: $250,000 * Gross: $335,000 * Net: $102,055
Car and Limousine service for portal to portal reservation only in the Los Angeles area. This long standing service business for sale has a large customer base and has more demand than the current owner can service. This excellent brand in local transport is ripe for expansion. He has active Web addresses and an effective web presence that along with a solid reputation drives his business to overflow. The owner is 70 years old and ready to retire. He operates as a home business so there is very little overhead. A new owner could add vehicles and drivers to accommodate the overflow that is sent to other vendors every day. Consistent revenues and lond standing customer base make for a stable business.
Stuart Gross Email: sgross@bizex.net Office: (310) 882-2200 ext 118 Blog: http://www.bizex.net/blog Web: http://www.bizex.net/business-broker/stuart-gross
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: California Dating & Matchmaking Services Stuart Gross just launched a new listing: http://www.bizex.net/listing/173 California Dating & Matchmaking Services Asking: $2,250,000 * Gross: $2,000,000 * Net: $500,000 California Matchmaking and Dating services business for sale with offices in Los Angeles, Orange County, Sacramento and the San Francisco Bay area. The company [...]
New BizEx Business For Sale: California Dating & Matchmaking Services
Stuart Gross just launched a new listing: http://www.bizex.net/listing/173
California Dating & Matchmaking Services Asking: $2,250,000 * Gross: $2,000,000 * Net: $500,000
California Matchmaking and Dating services business for sale with offices in Los Angeles, Orange County, Sacramento and the San Francisco Bay area. The company is a 15 year old premium dating service for busy professionals. It is the leading introduction matchmaking service for singles in California. The Business is profitable healthy, growing rapidly and poised for expansion. They provide a range of services designed to enable its members to meet like-minded individuals according to their preferences and profiles. The Market for dating service is extremely large. There are more than 110 million single adults in the U.S., of which more than 40% have used or explored online services. The online matchmaking business currently generates roughly $900 million of revenues per year.
This is an excellent opportunity for an entrepreneurial buyer to build a significantly large business from a relatively small acquisition. An experienced turnaround team in the dating and matchmaking industry has just completed a restructuring and revitalization of the organization. They have developed new and highly effective marketing and advertising programs. They generate more than $5 in new business for every $1 spent on advertising. New locations can be opened for about 50k and historically have reached break-even in about 3 months. This is a tremendous opportunity for franchising and/or national expansion for the right buyer. The management is willing to stay on if a new owner chooses. Interested parties should register as a buyer online at www.BizEx.net and call Stuart Gross at 310-882-2200 ext. 118 for more details on this exciting opportunity.
Stuart Gross Email: sgross@bizex.net Office: (310) 882-2200 ext 118 Blog: http://www.bizex.net/blog Web: http://www.bizex.net/business-broker/stuart-gross
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
Are you the owner of a small or medium-size business in the creative of media industry who dreams of “getting out” and retiring, writing a memoir, or simply getting away from it all? Thinking about selling your business? In today’s economic climate, selling your media or creative business can be a complicated and daunting experience. [...]
Are you the owner of a small or medium-size
business in the creative of media industry who dreams of “getting
out” and retiring, writing a memoir, or simply getting away
from it all? Thinking about selling your business? In today’s economic
climate, selling your media or creative business can be a
complicated and daunting experience.
The skills and knowledge you acquired by running a successful
business are not necessarily the same skills you will need to sell it.
Here are 10 things to consider:
1. Am I REALLY ready to sell my business? One of the most
important questions a buyer has is, “Why are you selling?”
Selling your company is a life-changing event, with both
positive and negative effects on your financial condition.
Your mental and physical health may also be affected. You
need to know if you will have enough money, moving forward,
to live the way you choose. It is a very big decision. …And you
need to be able to answer the question for potential buyers as
well as for yourself.
2. Can I sell my business to a new owner? Is it transferable?
If I go, can someone else take my place? It’s not just your
creative skills that may need to be transferred; it is also the
relationships that mean business for your business. Can a
new buyer do what you do and maintain and attract business?
You may need to stay on board for a while to make a transition
work properly. Sometimes the choice to stay on helps you to
build the financial base you will eventually need to retire.
3. What effect will the process have on my clients, my employees,
and my daily operations? There are some real challenges
in the process of selling a business. It is important to keep
your confidential information from the public. You must make
sure that the impending sale does not create concern and
problems with your employees and your clients. Your relationship
with your landlord, if you have one, needs to be
handled with care. During the process of meeting, qualifying
and negotiating with buyers and the complexities of a sale,
you must still be able to keep your focus on the continuing
operation of running your business.
4. What is my business really worth? Valuation of a creative/
media/entertainment business is based on several key factors:
A. How much money can a buyer expect to earn after
taking over?
B. What are the barriers to entry that might stop the buyer
from starting his own similar company?
C. What is the value of your assets, equipment, inventory,
improvements etc.?
D. What are the risks and growth opportunities of
the business?
For businesses under $10 million, the multiple of earnings
method is the most common basis. The adjusted earnings of
the business is multiplied by a general index for that industry
and type of business, and then adjusted by financing issues,
growth potential, inventory, asset value, etc. A well-priced
business is critical to buyer attraction and critical for the
seller in getting the value he has built.
5. Should I use a broker? Once you decide to sell the business,
whether or not you use a business broker should be a priority
consideration. In the media related and creative businesses,
any representative you choose must have industry experience.
A great deal of knowledge, work and time goes into valuing,
promoting, marketing, qualifying buyers, negotiating, financing,
completing a transaction and effectively transferring the
operation of a business.
A broker who understands, or has been in your industry will
realize that they are seeking a truly special kind of buyer.
He should have the ability to find and attract that buyer. A
broker who is active in the industry will already be working
with active buyers and can identify potential strategic buyers
for the business.
Well marketed, priced and negotiated deals may often net
the seller more than if he pursued and arranged for the company’s
sale by himself.
6. What kind of buyer is capable of taking over this business?
Ideally, you want a buyer who is genuinely interested in this
business, one who has the skills necessary to run it, and the
financial wherewithal to make this purchase.
Because the “right buyer” at the right price will sometimes be
a one of a kind find, you must be prepared with all of the information
that a qualified buyer will demand. The good buyer
will be asking lots of questions – this is perfectly normal and
necessary. The “right buyer” will respect your confidentiality,
and will agree to sign a “Non-Disclosure Agreement.” However,
the “unqualified buyer” can become a very expensive waste
of time.
7. How do I market the business? The first thing to be done
is to compile a complete information package, which should
include the history of the business, description of the industry,
competition, clientele, marketing, opportunities/threats, products
and services, etc. It should also include at least three
years of financial information and analysis of discretionary
earnings, equipment and inventory.
The normal process for marketing a business is to post it for
sale on the plethora of listing sites on the Internet, to contact
known buyers interested in this kind of business, or to go
directly to targeted strategic buyers who may include competitors,
related businesses or aggregators in that industry.
8. How do I make a deal? These negotiations are based on a
balance between the buyer’s perceived value of the business,
(his or her potential, earnings, ROI, future value, the ability to
pay for the business or operate the business, earning a living
wage and paying off financing if any) and the seller’s perceived
value (does the purchase price replace my salary, is it
enough to give up a business I have built, is it worth more to
the buyer than it is to me?)
Negotiations require objectivity, an understanding of your own
valuation and a willingness to structure a win/win situation.
Often third parties such as business brokers can take the
emotional spin out of the deal making.
9. What about financing? A business acquisition can be done
in any combination of cash, seller financing, bank financing,
earn outs, etc. Earn outs are typical in deals where the seller
and buyer need to cooperate to make the future earnings
happen.
10. Structuring the ACTUAL SALE. How does the seller go about
with the transfer of the business assets, including inventory,
equipment, goodwill, intellectual property, brand equity, customer
data bases, etc., into a new or existing entity for the
buyer? There are many ways to accomplish the actual sale,
but for most small and medium sized businesses the process
can be done in California through an Asset Purchase Agreement.
As such, all of the assets are transferred to the buyer
in an escrow process, which is usually as manageable as the
sale of a home. If you need to sell the actual entity as in a
stock sale, you will need quite a bit more guidance.
The sale of your business, especially one that you have built and
run for a long time, is a life-changing event. The business is
usually the most valuable thing the seller owns. The purchaser
is often using his life savings or leveraging his possessions to
make this happen. This is serious business and should be given
its due care and consideration. You need to be guided by your
trusted advisors and be prepared for all of the exigencies of the
process. At best, it can be the financial realization of a life’s work.
____
Stuart Gross is a media business sales
& acquisitions expert with more than 30
years of experience in business, film and
television production, entertainment, and
media. As founder of Harmony Pictures,
Gross executed one of the industry’s
first IPOs for a television commercial
production company.
He can be contacted at sgross@bizex.net. 310 882 2200 Ext.118
Stuart Gross just launched a new listing: http://www.bizex.net/listing/412 Nail Spa Franchise in High End West Side Location – Exclusive Clientele Asking: $145,000 * Gross: $535,000 * Net: $42,000 This beautifully designed and appointed nail spa has custom services designed to meet the expectations of their discriminating clients. The franchise is among the first of 5 [...]
Stuart Gross just launched a new listing: http://www.bizex.net/listing/412
Nail Spa Franchise in High End West Side Location – Exclusive Clientele Asking: $145,000 * Gross: $535,000 * Net: $42,000
This beautifully designed and appointed nail spa has custom services designed to meet the expectations of their discriminating clients. The franchise is among the first of 5 in carriage trade locations around LA. This is a ground floor opportunity to buy in to a newly started location (by the franchise founder), up and running, profitable and growing operation. The franchise has excellent marketing. Very reasonable royalties and all the support you need to run a successful business. We are looking for a very special service oriented owner operator who wants to be in on this orriginal franchise. All locations are profitable. The franchise will train you and support your operational and growth efforts. This rare opportunity is far more cost effective and promises a better ROI than starting a new franchise. The founder has taken it past the pain, risk and expense of start-up and is offering an excellent deal for the right buyer. This is a beautiful business you can be proud of.
Stuart Gross Email: sgross@bizex.net Office: (310) 882-2200 ext 118 Blog: http://www.bizex.net/blog Web: http://www.bizex.net/business-broker/stuart-gross
Stuart Gross just launched a new listing: http://www.bizex.net/listing/379 Learning, Tutoring, Supplemental Education Centers in 3 Franchises Asking: $295,000 * Gross: $1,032,318 * Net: $110,000 Learning, Tutoring, Supplemental Education Centers in 3 Franchises This is an excellent opportunity to own an established three-center, rewarding K-12 Learning Center business, the centers teach learning skills and offer tutoring [...]
Stuart Gross just launched a new listing: http://www.bizex.net/listing/379
Learning, Tutoring, Supplemental Education Centers in 3 Franchises
Asking: $295,000 * Gross: $1,032,318 * Net: $110,000
Learning, Tutoring, Supplemental Education Centers in 3 Franchises
This is an excellent opportunity to own an established three-center, rewarding K-12 Learning Center business, the centers teach learning skills and offer tutoring and SAT/ACT exam preparation. This is a national franchise. The business model, operating, and marketing systems are proven and successful over many years of operation. The new owner-operator may, but does not have to have an educational background or specific prior experience. The top qualities for owner success are good business and management sense, the desire to help kids succeed academically, and the ability to relate to parents and teachers. The Franchisor will emerse you in a comprehensive training program to fully orient you to the business, the educational methods, and the marketing program. Included: - Facilities – Attractive, bright, clean and modern retail facilities in high-traffic areas. - Curricula — Significant inventory (literally several hundred pieces) of both nationally recognized and proprietary curricula, in excellent condition, along with instructional details and training
- Furniture and office equipment includes all desks, tables, computers, copier, office furniture, bookshelves, etc. - Operating and marketing plan – The program, including enrollment and instructional plan, is highly credible, well established, and endorsed by educators and parents. - Training and support – You will receive a formal 4-week training program to thoroughly orient you to the business as well as receive mentoring support from seller beyond that point if needed. - Staff and student continuity This is an ideal business for either an educator, or a business-minded individual with a passion for education. For more information please contact Stuart Gross at 310 924 5384
Stuart Gross Email: sgross@bizex.net Office: (310) 882-2200 ext 118 Blog: http://www.bizex.net/blog Web: http://www.bizex.net/business-broker/stuart-gross
Stuart Gross just launched a new listing: http://www.bizex.net/listing/354 Set Construction for Film, video,trade shows Asking: $349,000 * Gross: $843,272 * Net: $161,000 This exciting creative and fast paced business builds sets and key props for the photographic, film, video and trade show industries. Most of their clients are either photographers, art directors, set designers, directors, [...]
Stuart Gross just launched a new listing: http://www.bizex.net/listing/354
Set Construction for Film, video,trade shows Asking: $349,000 * Gross: $843,272 * Net: $161,000
This exciting creative and fast paced business builds sets and key props for the photographic, film, video and trade show industries. Most of their clients are either photographers, art directors, set designers, directors, production companies or trade show producers. They construct, deliver, install and store the sets used for photo/video “shoots” and shows. They have a lot of repeat clients. Nearly half of the 70 clients per year are repeat business. They have a small staff and use freelance skilled set construction people on a project by project basis. The business is profitable, growing and quite manageable. The owner does not do a lot of marketing and relies mostly on word of mouth (and a little bit of presence in trade resource books) so there are many opportunities and ways to expand the business and plenty of room for growth. The owner is moving into related fields of design and photography and will probably end up being a client of the business. The shop is located in Downtown LA which is central but the particular local is not a critical issue for the continued operation of the business. The business occupies about 40% more space than necessary and significant savings (up to $40,000/year) could be made by sub renting space to related businesses or moving in 2 years which would be quite simple, inexpensive and not very disruptive. The ideal owner should have some creative and construction experience. The business comes with the two necessary truck vehicles and all of the tools and equipment necessary. If you are interested in more information about this business opportunity for sale, please call: Stuart Gross at 310 882 2200 ext 118 or email at sgross@bizex.net – or register as a buyer at Bizex.net and please remember to select this listing
Stuart Gross Email: sgross@bizex.net Office: (310) 882-2200 ext 118 Blog: http://www.bizex.net/blog Web: http://www.bizex.net/business-broker/stuart-gross
By Stuart Gross, Read My Profile
