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Inc's 10 Questions to ask before Buying a Business
May 26, 2011 by Michael Davidson
I just read an interesting Article from Inc., entitled 10 Questions to ask before Buying a Business. Many experts are predicting that a huge wave of businesses will become available over the next decade or so as baby boomers look to sell. As the economy continues its climb into a full-blown recovery (we hope), it just might be the perfect time for you to fulfill that lifelong dream of buying a business. If you can find the right business that is the right fit for you, I think this is a great time to buy! Overall, I think it's a pretty good list. When we create a Confidential Business Review (CBR), we try to address these questions up front before you even meet with the owner. Some of the questions not asked by Inc., which we think are important include: Can you as a new owner successfully run and operate this business? If not, the other questions don't really matter.
May 17, 2011 by Dan Munter
Dan Munter just launched a new listing: https://www.bizex.net/listing/316 Wholesale Insurance broker Asking: $550,000 * Gross: $3,025,062 * Net: $285,438 This business specializes in providing wholesale insurance brokerage services to a variety of retail insurance brokers across the United States of America in the Specialty Financial Products niche areas of Directors & Officers Liability, Employment Practices Liability, Errors & Omissions Liability and Comprehensive General Liability/Errors & Omissions Liability Insurance for Nursing Homes and other Long-Term Care Facilities. The company has a roster of approximately sixty retail insurance brokerage operations with whom they do business. Additionally, Quorum Risk has contracts with approximately forty-five insurers, with whom they place this business. Both sets of relationships have been built over two and a half decades and remain strong to this day.
Business & Office Supply Store
May 16, 2011 by Robert Dean
Robert Dean just launched a new listing: https://www.bizex.net/listing/360 Business & Office Supply Store Asking: $695,000 * Gross: $1,184,354 * Net: $217,613 Successful Office Supply business for sale has been in business for over 36 years and is located in a very Prime retail area on a very busy street. The Real Estate is also available for purchase. This business has excellent B to B accounts and services many of the major companies throughout the greater Los Angeles area. Revenue streams include their many Corporate Accounts, a full-service website, and their up-scale Retail Store. This business is very well established, highly respected and has been very successful in serving the Los Angeles area. The company specializes in Office Supplies, Office Furniture, Stationery, Computer Products & Equipment, Personalized Gifts and much more. They are a one-stop supplier with an online catalog with over 25,000 products. Wonderful Location, high foot traffic and high traffic count.
Franchise Family Steakhouse with Beer and Wine
May 13, 2011 by Mina Singson-Brightman
Mina Singson just launched a new listing: https://www.bizex.net/listing/369 Franchise Family Steakhouse with Beer and Wine Asking: $179,000 * Gross: $760,000 * Net: $100,000 25 year old Family Restaurant with over $750,000 in sales!! This is a national franchise restaurant with Beer and Wine License. Spacious dining area can sit 186 customers. Owner- ABSENTEE business. Restaurant can be continued as a franchise or change the concept to suit your own. More than $150,000 worth of improvements and assets included in the sale. Buy this business now for only $179,000. Call Mina Singson at 310-882-2200 x 125 now 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
Re-Opening Mail & Business Center
May 12, 2011 by Arthur Kessler
Arthur B. Kessler just launched a new listing: https://www.bizex.net/listing/368 Re-Opening Mail & Business Center Asking: $89,500 * Gross: $366,695 * Net: $76,168 Grand Re-Opening of this very successful mail and business center franchise located in an upscale, busy Ventura County beach city. Franchisor is selling this mail and business center as prior franchisee has chosen a different career path. Super low price includes all upgrades and equipment required by this award winning franchisor. The business has a history of success at this location with excellent foot and vehicle traffic. If you re-open, market and work at this business you will make a good living and will double the value over what you are paying. This is a super opportunity for someone willing to put in retail hours. Interested parties please register at www.bizex.net and contact Arthur Kessler or Shelli Margolin at 310 882-2200.
May 10, 2011 by
Kendric Foultz, CBB just launched a new listing: https://www.bizex.net/listing/365 L.A. Pilates Asking: $130,000 * Gross: $210,645 * Net: $60,000
Equipment Leasing Repos & Reseller
May 10, 2011 by Dan Munter
Dan Munter just launched a new listing: https://www.bizex.net/listing/367 Equipment Leasing Repos & Reseller Asking: $695,000 * Gross: $997,619 * Net: $216,402
What Is a Typical Restaurant Business Worth?
May 06, 2011 by Shelli Margolin
http://www.ehow.com/info_8360777_typical-restaurant-business-worth.html
Truck Fleet Maintenance & Repair
May 03, 2011 by John DeGolyer
John DeGolyer just launched a new listing: https://www.bizex.net/listing/357 Truck Fleet Maintenance & Repair Asking: $145,000 * Gross: $413,129 * Net: $82,763 Truck repair shop specializing in preventative maintenance and and fleet management services to small and medium sized businesses. This shop has been in business in the same place since 1986, with a number of long term customers. Located in Long Beach close to major freeways.The shop itself has room for expansion with 15,000 sq ft of yard. The business comes with an extensive inventory of parts and specialty equipment. The mechanics have been with the business for years and have a great deal of experience and knowledge. Environmental concerns and tests with the property have been addressed and all business permits are in order. This is a perfect shop for someone looking to break into the business or a company looking to expand. The current owner is willing to help train and advise a new owner.
April 27, 2011 by
Kendric Foultz, CBB just launched a new listing: https://www.bizex.net/listing/364 ISO Aerospace Machining Asking: $450,000 * Gross: $600,000 * Net: $150,000
Booming Transportation/Limo Service w/ Hotel Accounts
April 25, 2011 by Mina Singson-Brightman
Mina Singson just launched a new listing: https://www.bizex.net/listing/362 Booming Transportation/Limo Service w/ Hotel Accounts Asking: $330,000 * Gross: $280,000 * Net: $150,000 Profitable chauffeured ground transportation service to locals and tourists around Los Angeles and Orange County . This business was established over 6 years ago with the goal of providing the everyday person with luxurious, professional transportation for the price of a taxi!! This Limo/Transportation service is the preferred chauffered transportation for Hotels, Airline Companies and Hospital in Long Beach and Seal Beach area. Company has very good web presence and 24/7 online reservation system. Fleet includes a stretch limousine and Mercedes Benz, among others. These are all included in the asking price. Extremely easy to manage. Low overhead. Business is relocatable.
April 25, 2011 by
Kendric Foultz, CBB just launched a new listing: https://www.bizex.net/listing/363 Westside Cellphones Asking: $55,000 * Gross: $133,000 * Net: $35,000 Cell phone store for sale in a very desirable area of westside Los Angeles. This business is situated in a high traffic retail zone that attracts a lot of consumers. The business has been established for about seven years and has great write ups on Yelp, etc. At one point the business had revenue of over $500,000, but the economy and other factors have depressed sales the last couple of years. Here is your chance to pick up a well known business with great reputation on the cheap and build it back up to its former glory. Get in now and enjoy the cool summer months working in an attractive setting in one of the most desirable areas of town. For more information go to www.bizex.net and "register" as a buyer or you may contact Kendric Foultz directly at 310-968-2369.
Set Construction for Film, video,trade shows
April 20, 2011 by Stuart Gross
Stuart Gross just launched a new listing: https://www.bizex.net/listing/354 Set Construction for Film, video,trade shows Asking: $349,000 * Gross: $843,272 * Net: $161,000
Venice Beach Boardwalk Fast Food Deli
April 18, 2011 by Mina Singson-Brightman
Mina Singson just launched a new listing: https://www.bizex.net/listing/361 Venice Beach Boardwalk Fast Food Deli Asking: $45,000 * Gross: $160,000 * Net: $50,000 Busy! Busy! Busy!! This fast food beach business enjoys high foot traffic from Venice Beach locals and tourists all year round. This is a window/walk-up type of business with easy to prepare menu. Selling delicious and healthy food to go. Convenient for hungry customers who are out to enjoy a nice day at the beach. No seating. Amazingly low rent at $2600 which includes all utilities and insurance. Located at a big fast food complex with a shared kitchen, refrigeration and storage. So easy to manage and run. This location also deliivers to neighboring offices and businesses. Tons of potential for new owner. Seller has to attend to family issues and would like new owner to enjoy peak spring and summer sales.
Highly In Demand Medical Practice - SBA Loan Pre-Approved
April 17, 2011 by Mina Singson-Brightman
Mina Singson just launched a new listing: https://www.bizex.net/listing/359 Highly In Demand Medical Practice - SBA Loan Pre-Approved Asking: $175,000 * Gross: $465,000 * Net: $270,000 Highly in demand OB-Gyn practice in upper-middle class city of Arcadia, which has a shortage of Ob-Gyn practitioners. Agressively low priced and SBA Pre-approved. Take over this growing practice which has 32 years of goodwill. Doctor sees 2-5 new patients everyday and has steady flow of referrals. 2500 active patients and thousands more in patient records. Located at a sought-after medical building which has a conveniently accessible Out-patient Surgery center nearby. Medical building currently has 100% occupancy and a wait-list for new tenants. Doctor is retiring. This is a great opportunity for new doctors or experienced physicians/medical facility managers who want to establish their own private or group practice.
Best Location South Bay Beach Restaurant
April 08, 2011 by Mina Singson-Brightman
Mina Singson just launched a new listing: https://www.bizex.net/listing/355 Best Location South Bay Beach Restaurant Asking: $89,000 * Gross: $0 * Net: $0 Highly desirable location in Hermosa Beach, surrounded by the hippest bars, shops and beach scene. Just a few steps away from the sand. There is a strong demand for good restaurants and places to hang out on this street. Neighborhood is always bustling year round, day and night. Restaurant is frequented by mid-high income locals and tourists and has very good Yelp reviews. Seats 30 and has plenty of potential. A turnkey operation, with full kitchen. Seller has family emergency and has to leave the country. Very motivated. Get this business now before the beach gets packed again and make tons of profit!!! Please contact Mina Singson at 310-734-6769 or msingson@bizex.net for more information. For quicker response, register and complete the Confidentiality Agreement at www.bizex.net
Shelli Margolin Joins BizEx Business Brokers in Marina Del Ray
March 22, 2011 by Shelli Margolin
MARINA DEL REY, California (March 22, 2011) BizEx is pleased to announce that Shelli Margolin has joined our business broker team. Shelli brings to BizEx a solid background in business sales and acquisitions. She specializes in selling restaurants, retail, professional services, business services and the personal services industry. Shelli comes to BizEx with direct and unique experience working with small business owners. In addition to her experience as a business broker, she has over 15 years in local government providing business assistance and consultation in the areas of permitting, financing, expansion and transitioning of ownership. Her inside knowledge of permit processing for restaurants and liquor licenses is particularly helpful in the sale of restaurants and other businesses.
Santa Ana Mail & Business Center
March 22, 2011 by Shelli Margolin
Shelli Margolin just launched a new listing: https://www.bizex.net/listing/347 Santa Ana Mail & Business Center Asking: $35,000 | Gross: $156,710 | Net: $16,719 Why reinvent the wheel! Buying an existing franchise offers a better chance of success than buying a new franchise. This business was opened in 1993 so you have 17 years of success that has established a customer base and a presence in the Santa Ana. Current owner bought the business last year. Due to family illness and other obligations, the owner cannot devote substantial time to the business. Come in as the owner operator; get the benefit of excellent training by this award winning Franchisor and grow along with a recovering economy. Interested parties please register as a buyer atwww.bizex.com then contact Shelli Margolin at 310 882-2200 ext. 128 or Arthur Kessler at 310-882-2200 ext. 126
March 17, 2011 by Michael D
New Business for sale "Cigarettes and Cigars" Details: https://www.bizex.net/listing/348
March 14, 2011 by Michael D
New Business for sale "Northwest Valley Jewelers" Details: https://www.bizex.net/listing/346
A Strategic Business Sale Case Study
December 03, 2010 by
A strategic business sale takes place when the buyer finds additional value in the business for sale than the average financial buyer is able to identify. Most small businesses for sale, if positioned correctly, will attract a number of possible buyers. But in some cases the business for sale in question might be so specialized in its market as to require a very unique buyer. I recently brokered the sale of a specialized jewelry design and manufacturing business that posed this very challenge. The only viable buyers for this business were well known by the seller. These prospects did not know that owner was interested in selling his business and it was my job to keep it that way until we had secured enough general interest in the opportunity.
Assessing the Assets of Your Business
July 06, 2010 by Robert Dean
If you are thinking about selling your business, it would be greatly beneficial to catalog all of your assets in order to help with a successful sale. A business's value is calculated in part by its list of assets. The more you can substantiate your asset value, the more it will increase the business value. Assets are different in every business, and one asset may be more or less important depending on the business and industry. Make sure that you write down and understand how all of your assets contribute to the success of the business. Some of the assets that a seller needs to address include: Equipment: Is the equipment old or new? What condition is it? What's the replacement value? Trade name, Trademarks, & Patents: Does your name and product represent value to your customers? Inventory: How much inventory do your have? What condition is it in? What's the value? Customer & Database Contacts: How many contacts do you have? How many are repeat customers?
5 Essential Items to Sell Your Business Quickly
June 03, 2010 by Dan Munter
As a business broker and as a former business owner, I know that the decision to sell a business is not easy. But once it is made, I know that usually the seller wants to sell it as soon as possible. I always tell a seller to pretend that they are the buyer looking at buying their business. What would they need to see to decide to buy the business? From my experience and my logic, I have come up with a list of 5 items that really facilitate the selling process. 1) Have credible P&Ls for the past 3 years. 2) Have financial records to verify the value of the inventory and FF&E 3) Make sure that the key employees will stay employed 4) Make sure that the landlord is willing to lease for reasonable terms 5) Make sure that the key customers will continue to buy services or products.
May 27, 2010 by
What do you do as a business owner if your business is in an impossible situation and is taking you down with it? Depending on the ownership structure, you may be able sell it in what essentially looks like a real estate short sale or otherwise known as a pro rata escrow.
Qualifying A Buyer For Your Business
May 12, 2010 by Robert Dean
When selling a business, you want the most qualified person to purchase your company. Finding the right buyer is the key to a smooth sales transaction, and will also contribute to the continued success and growth of the company. When qualifying a buyer, you want someone who is both financially capable, and also someone who has the business knowledge & experience to take the company to the next level. Business Brokers will look at many aspects of the buyer in order to qualify them. The key is to make sure that they are the right fit for the company. In regard to their business experience, a broker will examine several factors, including: Educational Background Have they owned a business General Management Experience Marketing & Sales Experience Operational Experience Inventory Management Do their skills compliment the company Communication & Customer Service skills
