The Biz Blog - 39435

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Tea, Coffee and Dessert Lounge

June 01, 2012 by Mina Singson-Brightman

New BizEx Business For Sale: Tea, Coffee and Dessert Lounge Mina Singson just launched a new listing: https://www.bizex.net/listing/524 Tea, Coffee and Dessert Lounge Asking: $59,000 * Gross: $0 * Net: $0 Extra ordinary tea selections and desserts. Owner is dessert and tea specialist who concocted unique recipes for this store. Located in a busy shopping center with well-known dimsum restaurant and other retail stores. This store was a Starbucks location and has outdoor seating. Starbucks moved to a bigger location down the street. Has plenty of free parking and very good street frontage. All equipments and the recipe are included in the sale. For $59,000, this is a steal! Owners are having partnership issues and need to sell soon. Very motivated. Contact Mina Singson (Restaurant/Bar Broker) at 310-882-2200 x 125 for more information. For faster response, please register and complete NDA at www.bizex.net.

Thinking About Selling Your Business? Get Prepared

May 31, 2012 by Mina Singson-Brightman

If you are thinking about selling your business, then preparation is the key to getting the best possible selling price at the best terms. How soon do I need to prepare to sell my business? Having a good exit strategy in your business plan is prudent. Successful businesses keep a current business plan on file all the time, which includes a great exit strategy. This may not be a priority for new entrepreneurs, or owners of flourishing businesses but keep in mind that an exit strategy is just as good as an expansion strategy. Investors, banks and other sources of growth funds will look at the same information that the buyers review. An exit strategy emphasizes those elements of a business that constitute value to the market. By having an exit plan in place and in mind, a smart business owner will naturally focus on the growth of their business. So to answer the question, how soon do I need to prepare to sell my business? The answer is, NOW. Where do I begin?

Fast-Growing Top Franchise Shipping/Logistics Co

May 12, 2012 by Mina Singson-Brightman

New BizEx Business For Sale: Fast-Growing Top Franchise Shipping/Logistics Co Mina Singson just launched a new listing: https://www.bizex.net/listing/501 Fast-Growing Top Franchise Shipping/Logistics Co Asking: $599,000 * Gross: $4,600,000 * Net: $150,000 LOW-RISK **** SEMI-ABSENTEE **** FRANCHISE BUSINESS. Business is SBA Loan Pre-approved - needs qualified buyer with downpayment. This is a franchise of a top U.S. trucking firm that operates on a non-asset based business model, which means rather than having the company buy and maintain its own trucks, they work with subcontractors in the United States, Mexico and Canada. The company is guaranteed to receive their commission every week and is not burdened with factoring or accounts receivables. In line to be a government certified agency which is expected to further boost sales. Revenue is constantly on the rise. Company has not yet reached full potential. Has plenty of room for growth.

Famous Hollywood Fastfood Restaurant w/Beer & Wine

May 09, 2012 by Mina Singson-Brightman

New BizEx Business For Sale: Famous Hollywood Fastfood Restaurant w/Beer & Wine Mina Singson just launched a new listing: https://www.bizex.net/listing/503 Famous Hollywood Fastfood Restaurant w/Beer & Wine Asking: $359,000 * Gross: $750,000 * Net: $180,000 A favorite destination spot in Hollywood for locals and tourists. This beloved restaurant has been in business for over 35 years and under the same ownership for 24 years!! A true gem along the famous Walk of the Stars, with at least half of the client base from repeat customers. Has 4-star rating on Yelp. Sales are stable and owner can show records. 2011 gross sales is 750,000. 2012 sales are already up and continue to improve. Owner only oversees the business and spends a few hours a day at the restaurant. Retirement is the reason for the sale. Easy transition to new owner. Has ABC Type 41 license for beer and wine. 2 ventillation hoods and plenty of kitchen equipments included in the sale. Spacious prep area and storage.

Wholesale Bakery w/ Montana Ave. Retail Bakery

May 03, 2012 by Mina Singson-Brightman

New BizEx Business For Sale: Wholesale Bakery w/ Montana Ave. Retail Bakery Mina Singson just launched a new listing: https://www.bizex.net/listing/500 Wholesale Bakery w/ Montana Ave. Retail Bakery Asking: $900,000 * Gross: $2,550,000 * Net: $300,000 Fast growing premier wholesale manufacturer of cakes, pastries and specialty breads. For over 15 years, this company delivers freshly made baked products to hotels, coffee shops, retail outlets and restaurants in Southern California. Current owner took over the business 6 years ago and has been building the sales since then. This wholesale bakery business has fought the recession with strong sales and increasing number of customers every year. They have over 230 commercial accounts. The company is under-marketed and has not yet even reached other areas of California (such as San Diego, Santa Barbara, Central California, etc.)

OB-GYN Practice w/ Plenty of Room for Growth

April 26, 2012 by Mina Singson-Brightman

New BizEx Business For Sale: OB-GYN Practice w/ Plenty of Room for Growth Mina Singson just launched a new listing: https://www.bizex.net/listing/498 OB-GYN Practice w/ Plenty of Room for Growth Asking: $99,000 * Gross: $235,000 * Net: $63,000 SBA Pre-Approved OB-Gyn Practice. Priced aggressively to sell immediately. Solid medical practice with over 3000 active patients! Established 13 years ago, this practice continues to grow and has a lot of room for expansion. Doctor is affliated with 2 major hospitals in Thousand Oaks. Asking for only $99,000. Price includes an EMR software that is fully paid. Cost of this software alone is $50,000. Doctor will relocate out of state and is highly motivated. This is a great opportunity for new doctors or experienced physicians who want a promising private practice. Call Mina Singson now at 310-882-2200 x 125 or Jered Chapman at ext 129 for more information. For faster response, please register and complete NDA at www.bizex.net.

Busy Hollywood Yogurt Business

April 13, 2012 by Mina Singson-Brightman

New BizEx Business For Sale: Busy Hollywood Yogurt Business Mina Singson just launched a new listing: https://www.bizex.net/listing/492 Busy Hollywood Yogurt Business Asking: $175,000 * Gross: $0 * Net: $0 Unbeatable location in the heart of Hollywood walk of stars!! Heavy foot traffic all-year round from tourists and locals. Close to the hottest Hollywood nightclubs and bars, which also makes this the ideal place as a late night stop. Owner operates until 3 am during weekends. Does not have major yogurt competition in the surrounding areas. Has lots of space at 1700 sf. Also offers outdoor seating. There are 5 new yogurt machines and owner will give 1 year warranty on the machines. Take over this easy to manage store with plenty of upside potential. Owner is motivated and will look at all reasonable offers.

Popular International Yogurt, Ice Cream Franchise

March 30, 2012 by Mina Singson-Brightman

New BizEx Business For Sale: Popular International Yogurt, Ice Cream Franchise Mina Singson just launched a new listing: https://www.bizex.net/listing/487 Popular International Yogurt, Ice Cream Franchise Asking: $75,000 * Gross: $190,000 * Net: $25,000 International Ice Cream Franchise for only $75,000!!!! Asking price includes a walk-in freezer, walk-in refrigerator, ice cream machine/maker, blast freezer and many more. To build a new franchise store similar to this one, it will cost at least $250,000. Semi absentee business with sales growing in 2012. The only ice cream, yogurt and cake place in town. Located in busy shopping center surrounded by restaurants, banks and offices. This ice cream franchise has been serving up the finest ice cream, cakes, smoothies and shakes for 20 years. It ranks higher than its competitor in local and international rankings, according to Entrepreneur.com

Franchise Ice Cream, Yogurt Store in Upscale Area

March 06, 2012 by Mina Singson-Brightman

New BizEx Business For Sale: Franchise Ice Cream, Yogurt Store in Upscale Area Mina Singson just launched a new listing: https://www.bizex.net/listing/476 Franchise Ice Cream, Yogurt Store in Upscale Area Asking: $73,000 * Gross: $220,000 * Net: $36,000 National Franchise Ice Cream, Smoothie and Frozen Yogurt store at a major neighborhood shopping strip anchored by Albertson's,Rite Aid, etc. This store has been in the same location for 9 years and has weathered through the recession. Owner sees sales going up in recent months with little marketing. Corner location with good street visibility. High income neighborhood. Close to schools and wealthy households. Has inside seating and outside patio seating.

Redondo Beach Pier Fastfood w/ Kitchen

February 25, 2012 by Mina Singson-Brightman

New BizEx Business For Sale: Redondo Beach Pier Fastfood w/ Kitchen Mina Singson just launched a new listing: https://www.bizex.net/listing/472 Redondo Beach Pier Fastfood w/ Kitchen Asking: $78,000 * Gross: $0 * Net: $0 Very low rent at prime South Bay Pier location. $820/month RENT ONLY!! First time on the market since being built 8 years ago. Business has been good for owners but family issues force sale of the business. This fastfood business has a walk-in refrigerator, hood ventillation, sink, prep area,shelving units and its own restroom. It is all ready to go for only $78,000 asking price. What a steal! Inside seats 8, outside can seat 8 more people. Ideally located at the busy area of the Pier, near famous bar that draws crowds all year round. Close to parking garage which brings plenty of foot traffic. You can't go wrong with this fastfood location with the low monthly overhead.

Self-Serve Yogurt Near School

February 03, 2012 by Mina Singson-Brightman

New BizEx Business For Sale: Self-Serve Yogurt Near School Mina Singson just launched a new listing: https://www.bizex.net/listing/446 Self-Serve Yogurt Near School Asking: $50,000 * Gross: $0 * Net: $0 You will love this clean and well-designed self-serve yogurt store that offers a variety of flavors and toppings to their customers. An amazing deal offered for only $50,000, which includes 5 yogurt machines, walk-in refrigerator and other kitchen equipments. Turn-key operation that is ready for the new owner to take over immediately. The location can be converted into another type of business such as coffee and juice bar, gelato store, sandwich bar, etc. Plenty of possibilities. Children and parents frequent this place for their refreshing dessert cravings. Ideally located at a shopping complex with plenty of parking and neighboring retail stores and restaurants.

High Profit Liquor Store with Low Rent

January 24, 2012 by Mina Singson-Brightman

New BizEx Business For Sale: High Profit Liquor Store with Low Rent Mina Singson just launched a new listing: https://www.bizex.net/listing/455 High Profit Liquor Store with Low Rent Asking: $275,000 * Gross: $565,000 * Net: $140,000 Recession-proof liquor business. Steal this liquor store located in a safe and good neighborhood with plenty of loyal customers. Unbeatable monthly rent of $2000 only. First time for business to be on the market. Seller built this store 6 years ago and has been growing the business. Owner bought property in another state and wants to move with his family. Store also sells Lotto and cigarettes and offers Bill Pay. New owner may add Check Cashing, Money Transfer, etc. More potential for growth. Priced right for immediate sale. Call for this business now.Contact Mina Singson now at 310-882-2200 x 125 or email: msingson@bizex.net. For faster response, please complete the Buyer's Profile and NDA at www.bizex.net.

Easy Vending Air & Water Machines, Public Payphone

January 10, 2012 by Mina Singson-Brightman

New BizEx Business For Sale: Easy Vending Air & Water Machines, Public Payphone Mina Singson just launched a new listing: https://www.bizex.net/listing/451 Easy Vending Air & Water Machines, Public Payphone Asking: $175,000 * Gross: $117,000 * Net: $70,000 Wow what a steal! 20 year old profitable vending company. First time on the market due to retirement and health issues. Seller owns 44 Air & Water Machines located in gas stations all over the counties of Los Angeles, Ventura and Orange County. Apart from these equipments, there are valuable long-term contracts with some location owners that will be transferred to the new owner. Also included in the sale are 210 Public Payphones found in nursing homes, liquor and convenience stores, shopping centers, etc. Owner stopped getting new locations for these vending machines in the past years due to health issues. But there is a lot of room for expansion for new operator.

Prime Beach Ice Cream and Dessert Location

December 07, 2011 by Mina Singson-Brightman

New BizEx Business For Sale: Prime Beach Ice Cream and Dessert Location Mina Singson just launched a new listing: https://www.bizex.net/listing/445 Prime Beach Ice Cream and Dessert Location Asking: $119,000 * Gross: $284,000 * Net: $0 Unbeatable Beach location for ice cream and dessert. Retailers are waiting in line to get a spot in this downtown beach area surrounded by upscale bars, restaurants, clothing stores and multi-million dollar homes. Steps to the beach and busy year-round. This ice cream shop makes fresh ice cream and desserts in-house. Has built in walk-in freezer and refrigerator and spacious working area in the back. Plenty of metered parking in the building and on the street. Contact Mina Singson now at 310-882-2200 x 125 or email: msingson@bizex.net for more information. For faster response, please register at www.bizex.net.

How to Value a Restaurant or Bar that is not Showing Profit

November 03, 2011 by Mina Singson-Brightman

How much money is a restaurant worth? Does it have any value if the restaurant is not turning a profit or barely breaking even? Restaurants, coffee shops or bars are valuable even if they are not showing a profit. These kinds of businesses are valued through the replacement value technique which assumes a buyer pays the seller a price that is not dependent on the income value to benefit from the existing investment in the restaurant facility, the lease and the location. In other words, the buyer is starting a restaurant business at a discount and will pay for the right to avoid spending hundreds of thousands or even millions and avoid all the delays and city regulations in building a new restaurant Here is what a restaurant –seller has to say when he received an offer on his business.

Beach Restaurant/Bar with Amazing Ocean Views

October 04, 2011 by Mina Singson-Brightman

New BizEx Business For Sale: Beach Restaurant/Bar with Amazing Ocean Views Mina Singson just launched a new listing: https://www.bizex.net/listing/425 Beach Restaurant/Bar with Amazing Ocean Views Asking: $159,000 * Gross: $0 * Net: $0 Beach restaurant/bar with outstanding ocean views!!! Restaurant has outdoor seating and private areas perfect for romantic meals or intimate get-togethers. Hard to get Type 41 alcohol license allows the owner to offer a variety of wines and beer to their customers. Restaurant has 9 designated parking spots in the building and plenty of street parking also available. Steps to the beach in an exclusive beach community. Seats 40. Fully equiped kitchen. A rare opportunity to buy a restaurant at an affordable price at this location.Contact Mina Singson now at 310-882-2200 x 125 or email: msingson@bizex.net. For faster response, please complete the Buyer's Profile and NDA at www.bizex.net.

Big Established Meat Market w Fast Food, Check Cashing, Beer & Wine in Stand Alone Property

September 21, 2011 by Mina Singson-Brightman

Mina Singson just launched a new listing: https://www.bizex.net/listing/421 Big Established Meat Market w Fast Food, Check Cashing, Beer & Wine in Stand Alone Property Asking: $175,000 * Gross: $1,200,000 * Net: $60,000 Huge established Mexican Meat Market with Kitchen for Fast food service and plenty of space to add other businesses. Operating for 50 years in east Los Angeles. 35-40 free onsite parking for customers. Selling fresh meat and poultry, vegetables, several isles of grocery items. Also selling Beer and Wine and has Tobacco (Cigarette) license. Has vending machines. This location offers check cashing services and accepts WIC and food stamp. There is a wide kitchen in the market with ventillation hood and other kitchen equipments. Great area for a small fast food which the current owner is not utilizing. The front of the market has space for outside seating or additional retail space to sell clothing, accessories or toy merchandises.

Buying a Restaurant or Bar and the Transfer of Liquor License

September 08, 2011 by Mina Singson-Brightman

When we list a restaurant or bar for sale with Alcoholic Beverage Control (ABC) license, we generally get significant buyer activities on them.  For buyers of such businesses who do not understand how a liquor license is transferred, here is an overview. The number of retail liquor licenses, especially Type 47 (full liquor license for restaurants) and Type 48 (full liquor license for bars and nightclubs) that can be issued in a county is restricted.  The limited supply of liquor licenses and the lengthy process to get an ABC license approved make businesses with permit to sell alcohol highly desirable and valuable. When buying a business with beer and wine or full liquor license, the transfer of ABC license from one person or entity to another person or entity is called a “person-to-person” transfer. Generally, this is how it works:

Coffee, Tea,Smoothie & Specialty Drinks Franchise

September 02, 2011 by Mina Singson-Brightman

Mina Singson just launched a new listing: https://www.bizex.net/listing/416 TrulyRoasted Coffee, Tea,Smoothie & Specialty Drinks Franchise Asking: $149,000 * Gross: $225,000 * Net: $60,000 A neighborhood favorite in this South Bay beach community known for its delightful choices of tea, coffee, juice slush, sandwiches and baked goods, not to mention the friendly staff, clean and warm environment and the Free WI-FI service!! Locals love going to this place and end up staying for a while. Unlike other franchises that charge a percentage of the sales, this franchise opportunity only charges a flat monthly fee which leaves the owner more profit to take home. And more flexibility on their menu. Situated in a shopping center with little major competition in the area. There are no Starbucks,Jamba Juice or the likes nearby which makes this a local hub for coffe and beverage-loving customers. Owner-absentee business.

Stand Alone Liquor Store, Grocery, Lotto & Snack Bar

August 23, 2011 by Mina Singson-Brightman

Mina Singson just launched a new listing: https://www.bizex.net/listing/413 Stand Alone Liquor Store, Grocery, Lotto & Snack Bar Asking: $279,000 * Gross: $650,000 * Net: $90,000 Desirable Liquor Store/Grocery with Snack Bar in a stand alone building at the heart of a high density area in Bakersfield, CA. Just like a 7-11 but only run independently. This convenience market sells hard liquor, beer and wine, cigarette, snacks, vegetables, etc. Business also sells Lotto tickets.Has an ATM Machine and serve freshly cooked snacks such as burritos, chimichangas, etc. Have plenty of room for expansion to offer other goods and services such as Money order, coffee and donuts and more. Located close to hospitals, motels, government building, the convention center and train station. This is a 3000SF building with plenty of onsite parking. Buy this profitable business for only $279,000!! Real estate is also available for sale at $960,000 (for property only) asking price.

Intimate Beverly Hills Restaurant w/ Plenty of Upgrades

August 09, 2011 by Mina Singson-Brightman

Mina Singson just launched a new listing: https://www.bizex.net/listing/410 Intimate Beverly Hills Restaurant w/ Plenty of Upgrades Asking: $95,000 * Gross: $0 * Net: $0 This Beverly Hills restaurant won't last!! Priced to sell immediately at only $95,000. Also has potential for beer and wine license. Cozy setting with a lot of interior upgrades. Nestled amidst million dollar homes, exclusive apartment buildings and expensive hotels. Restaurant has seating capacity for 28 people. Equipped with a full kitchen, including hood and grease receptacle. Owners are having partnership issues and are motivated to sell. Buy this business now. Call Mina Singson at 310-882-2200 x 125 or email: msingson@bizex.net. For faster response, please complete Buyer's Profile and Confidentiality Agreement at www.bizex.net Mina Singson Email: msingson@bizex.net Office: (310) 882-2200 ext 125 Blog: https://www.bizex.net/blog Web: https://www.bizex.net/business-broker/mina-singson

Santa Monica Patesserie Cafe

August 04, 2011 by Mina Singson-Brightman

Mina Singson just launched a new listing: https://www.bizex.net/listing/409 Santa Monica Patesserie Cafe Asking: $119,000 * Gross: $0 * Net: $0 Very exclusive patesserie location on Montana Ave. in Santa Monica serving delicious desserts, breads, designer cakes, specialty tea and coffee products. Seller has own factory and makes these heavenly treats using their own recipe and vendor sources. This bakery is fast gaining popularity among locals and tourists. Has outside seating and good street visibility. 4.5 star rating on Yelp, Citysearch , and other major food blog websites. Buy this business now. Call Mina Singson at 310-882-2200 x 125 or email: msingson@bizex.net. For faster response, please complete Buyer's Profile and Confidentiality Agreement at www.bizex.net Mina Singson Email: msingson@bizex.net Office: (310) 882-2200 ext 125 Blog: https://www.bizex.net/blog Web: https://www.bizex.net/business-broker/mina-singson

UCLA Village Self-Serve Yogurt and Patesserie

July 06, 2011 by Mina Singson-Brightman

Mina Singson just launched a new listing: https://www.bizex.net/listing/394 UCLA Village Self-Serve Yogurt and Patesserie Asking: $199,000 * Gross: $240,000 * Net: $70,000 Self-serve frozen yogurt and patesserie in an unbeatable location in Westwood Village. Very high foot traffic from students, professionals and residents from Westwood, Wilshire financial district and West Sunset Blvd/Bel Air areas. This business is set-up to be easily ran by owner. Known for its healthy serving of Kosher and gluten-free yogurt. Also serving delicious cakes and pastries. Has indoor and outdoor seating. Offers free wi-fi to customers. Retail space is 855 Sf but owner can also occupy mezzanine area as additional storage or office space at no extra rental cost. Buy this business now. Call Mina Singson at 310-882-2200 x 125 or email msingson@bizex.net for more information. For faster response, please register and complete Confidentiality Agreement at www.bizex.net

Easy to Manage Coin Laundry

July 05, 2011 by Mina Singson-Brightman

Mina Singson just launched a new listing: https://www.bizex.net/listing/391 Easy to Manage Coin Laundry Asking: $79,000 * Gross: $0 * Net: $0 Self-generating Coin Laundry business. Operating with very little management needed. Owner opens the doors in the morning and let it collect sales by itself until closing time. Included in the sale are: 27 Washers 19 Dryers Soap Vending Machines Coin Changer Television Hampers Plenty of onsite free parking. Now is the time to take over this business. Huge potential for new owner to increase income by adding Fluff and Fold services, currently not offered by owner. Buy this business now. Call Mina Singson at 310-882-2200 x 125 or email msingson@bizex.net for more information. For faster response, please register and complete Confidentiality Agreement at www.bizex.net Mina Singson Email: msingson@bizex.net Office: (310) 882-2200 ext 125 Blog: https://www.bizex.net/blog Web: https://www.bizex.net/business-broker/mina-singson

Sports Bar w/ Live Entertainment

June 24, 2011 by Mina Singson-Brightman

Mina Singson just launched a new listing: https://www.bizex.net/listing/388 Sports Bar w/ Live Entertainment Asking: $150,000 * Gross: $840,000 * Net: $0 Check out the only Sports Bar in this affluent city by the hills of West San Fernando Valley!! Close to Malibu and Million Dollar Homes. Comes with Full Liquor License (Type 47), and Live Entertainment permit. The spacious sports bar has brand new flat screen TVs and stage for live music. 5000 Sf includes a large capacity kitchen, bar, dining area and indoor patio. Over 1000 sf more of outdoor seating overlooking canyon views. This is the only restaurant/sports bar in the area. Has busy lunch crowd and even busier evening crowd. Plenty of onsite parking. Long lease. Priced to sell. Absentee-operated. Buy this business now. Call Mina Singson at 310-882-2200 x 125 or email msingson@bizex.net for more information. For faster response, please register and complete Confidentiality Agreement at www.bizex.net

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations