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French cafe for sale

For Sale-Beautiful French Bakery and Cafe in AZ

Maricopa County, AZ

Asking Price: $150,000
Cash Flow: $67,398
Gross Revenue: $260,454
EBITDA: N/A
FF&E: $46,450
Inventory: $4,141
Rent: $4,000/Month
Established: 2014

Business Description

Small French bakery and cafe in prime location with ample parking. Over $220k in annual sales since opening the doors! Rights to sell: pastries, desserts, gelato, chocolate, wine and champagne, coffee, tea and soft drinks.


Detailed Information

  • Inventory: Included in asking price
  • Real Estate: Leased
  • Building SF: 800
  • Lease Expiration: N/A
  • Employees: 1 PT
  • Furniture, Fixtures, & Equipment (FF&E): Included in asking price
  • Facilities: 800sf beautifully decorated with outdoor patio seating
  • Competition: Although in a food court, unique and only French bakery.
  • Growth & Expansion: Adding new products.
  • Support & Training: In order to provide for a smooth transition to a Buyer, the Seller will provide up to 2 weeks of training.
  • Reason for Selling:Other Business Interest/New non-restaurant opportunity.

Lisa Riley
480-686-9031
Lisa@LINKBusiness.com

To Learn more about this Business please fill out our NDA and we’ll get in touch with you with more information.

https://na3.docusign.net/Member/PowerFormSigning.aspx?PowerFormId=9969bfab-1be2-4440-9827-0420e6c771c5&env=na3&v=2

Martin Luther King day 2019

Today on the anniversary of Dr. Martin Luther King Jr.’s assassination, below are 3 of his inspirational quotes. These remind us that it is up to us to have courage to act upon our own dreams, no matter what our dreams.

“Faith is taking the first step even when you don’t see the whole staircase.”

“If you can’t fly then run, if you can’t run then walk, if you can’t walk then crawl, but whatever you do you have to keep moving forward.” 

“No person has the right to rain on your dreams.”

Long Tenured Auto Service and Repair – with RE – AZ (Phoenix Metro)

  • Asking Price:$1,100,000
  • Gross Revenue:$1,140,982
  • BITDA:N/A
  • F&E:$176,565

  • Cash Flow:$125,705
  • Inventory:$45,000
  • Real Estate:$1,100,000
  • Established:N/A

Business Description

FYE PROMOTION PRICE CUT: Close by March 31 -ASKING PRICE $1.1MFYE is March 31 for this business. Price reduced by $99,000; goes back up April 1. 

SBA Pre-Approved, RE Appraisal and Phase 1 & 2 completed and CLEAN in 2017 and 2018. Bank has complete file.

Are you looking for an independent tire and full-service center with sales of more than $1,000,000 over the past several years and a 30+ year history? This long-established family business has supported multiple generations and will afford an owner/operator an outstanding salary after debt service. Well established with more than 3 decades of goodwill, excellent reputation for customer service and long-term clientele. 

26 Service Bays, 13 Lifts and a Pit Rack. Positive Reviews. Great Reputation!


Detailed Information

  • Inventory: Included in asking price
  • Real Estate: OwnedIncluded in asking price
  • Building SF: 18,375
  • Employees: 8
  • Furniture, Fixtures, & Equipment (FF&E): Included in asking priceFacilities:Business occupies 2 lots plus owns a third attached lot (currently under lease) for a total of 35,200 ± sf (0.8± acre). 18,375± sf of covered space for offices, vehicle maintenance, repair and storage. It has 26 indoor and outdoor service bays!
  • Competition:Other shops in the Phoenix Metro region.Growth & Expansion:Significant growth potential exists through additional advertising, marketing and promoting the business to the major employers and fleets in the nearby industrial and commercial areas. The facility could easily support additional techs to handle growth and further service diversity. Service calls, fleet acquisition and offering towing service will create significant potential growth.
  • Financing: with SBA funding
  • Support & Training: In order to provide for a smooth transition to a Buyer, the Seller will provide up to 3 weeks of training at 20 hours per week. The Seller will also provide reasonable ongoing telephone consultation for a 3-month period at no charge.
  • Reason for Selling: Retirement

WANT TO EARN MORE $$$$$ in 2019?

With an Active Real Estate License

Refer a Business Owner & SOLD Business = $$$!

Over $2 Billion in completed business sales since 1996!

Attend Open House to find out How Much $$$!

4:00—5:30pm Monday, Feb. 11 or
4:00—5:30pm Thursday, Feb. 21

>>10 minute presentations @ 4:15pm and 5:00pm<<

Spaces are limited, to reserve your spot, please RSVP:
infophx@linkbusiness.com or 480-686-8062

Alternate Plans

Should I Pass My Company to MY Child/Children?

Building A Legacy

Many business owners nearing retirement want to pass their business to their children. You have spent blood, sweat, tears and probably years to build your company with hope that you are building a legacy to pass on to the next generation.
Your child/children may want your company, but are they prepared to run it and keep the success that you have built? Have they been in an important prominent role within the company? The most successful predecessor is the person or persons that have close knowledge of the company and the intimate running of your business.
One of the most important rules of passing on your business to your children is:

“Don’t Force Them to Take Over”.

If it is not their passion or aptitude, the chances of continuing the business success is very unlikely. As a Business Broker with Link Business, I have heard this story many times. “I passed my business to my kids and then had to take back over when they ran it to the ground.” Passing your business to an unprepared or reluctant child will only cause animosity within your family. You are all better off to sell to an outside source and continue to build your legacy with the proceeds of the sale.

When Your Children or Others Are Your Buyer

The best success of handing down or transferring ownership of your business that you built as a legacy for your family is to choose the predecessor wisely. What if you have many family members working in the company, how do you decide who will proceed you in position at the helm? It is not recommended to pass your business on based on seniority or birth order but choose the person who knows the business and has the skill level to continue the growth you have set. This may or may not be a child, it could possibly be a grandchild, other family member, or employee who has shown great aptitude and shared ideas for the future of the business.
At this point, you may wish to involve your family. Be honest and up front from the beginning. Give everyone in the family an opportunity to air their views and concerns in order to make the transaction as transparent as possible. You want your predecessor to start out with the full support of others within the company, not animosity.
Now that you decided on the person to take over and buy the business, you can retire or move on to your next opportunity. Now What? First start off with working with a third party to determine the value of the company. According to Lisa Riley, Designated Broker with LINK Business-Phoenix, “Most business owners do not know what their business is worth…many overestimating its value based on blood, sweat, tears and years!” It is in the best interest of your company and the successfulness of the business going forward, that your buyer, be it family or third party, not pay more than your company is worth. If the business cannot afford to pay for the debt burden and continue to prosper, it is not good for all parties. By getting a third party involved, it takes the personal feelings out and makes the transaction a business transaction. It is said to “Spend a nickel to get a hundred dollars”. Spend the money to hire someone to represent you in the transaction, be it a Business Broker or Business Appraiser. By utilizing a good Business Broker such as myself, I will be by your side through the whole transaction from the beginning of finding a value to the end at escrow and even through the transition of ownership. With more than 15 years’ experience with business transactions, I can help make Selling Your Business as smooth as possible.

There Will Be Challenges

There will always be challenges and minefields along the way. Prepare for these in advance by being honest and up front. Write out a business plan or plan of attack as part of the Buy / Sale Agreement. How much will you, the previous owner, be involved? Where will the company go and how will it get there? Spell out expectations for both parties and be flexible when the business is changing, because it will change.
Having a third party, family member or even a work associate buy your business can be difficult for both parties. Knowing to expect adversity in advance is always helpful. Know that if you start out with a good open relationship that is what will be reflective going forward. If you have an estranged relationship to start, it probably isn’t going to get any better in the future.

Why Utilize A Business Broker

Having a third party is imperative in order to have the transaction be a business deal and not a family squabble. The principal value of a Business Broker is to act as a guide and buffer between the buyer and the seller. As your Broker, I can say certain things to a buyer, be it one of your family members or a stranger, and to You in order to have a productive discussion. With over 25 years of management and customer communication experience, I bring my A-game to make sure that each issue is addressed in a timely and thorough manner. I will relay what has to happen to have the deal complete and steer compromises on both sides.
There are many options to consider when you are deciding if ‘I Should Pass my Company to My Child/Children’. Most importantly, keep in mind what is important to you and to the success of your company. Let’s explore your options and map out a plan!
Contact Linda Now for a Complimentary Analysis on Your Business at (480) 648-8940, Linda.Rehak@LINKBusiness.com, or infophx@LINKBusiness.com.

Fitness & Wellness Studio Franchise – AZ

Gross Revenue: $463,229
EBITDA: $100,564
FF&E: $100,000
Inventory: $3,000
Lease Rate: $20 /SF/Year
Established: 2013

Business Description

Profitable and Growing Fitness Studio! SBA Pre-Approved!Don’t miss out on a chance to own this top-rated individualized guided fitness and nutrition gym. The gym has exciting and modern facilities with state-of-the-art equipment with a full complement of professional and highly educated fitness instructors providing high value client programs. Client testimonials attest to the fact that the studio has earned a reputation for providing exceptional results, at lower cost, for a growing and loyal client base. The studio has won multiple awards over the years. On site is a manager/trainer, administrative assistant, and 3 personal trainers. This gym comes with an excellent website and reviews. 

Are you a qualified buyer, yet lack the financial wherewithal to purchase? If yes, this business would qualify for an SBA loan.


Detailed Information

  • Inventory: Included in asking price
  • Real Estate: Leased
  • Building SF: 1,363
  • Lease Expiration: 5/31/2023
  • Employees: 5
  • Furniture, Fixtures, & Equipment (FF&E): Included in asking price
  • Facilities: Located in an Affluent Area, the studio has modern, clean accommodations, with a long-term lease, renewable for additional years.
  • Competition: Personal trainer fitness gym. Unique system targets affluent individuals, baby boomers and professionals.
  • Growth & Expansion: Only operating at 80% capacity. Add multiple franchises.
  • Support & Training: Both Seller and Franchiser are set on training. In order to provide for a smooth transition to a Buyer, the Seller will provide up to 4 weeks at up to 20 hours per week.
  • Reason for Selling:Opening another franchise nearer owners’ residence – well away from location.
  • Franchise: This business is an established franchise
  • Listing: PH00131

For more information click here and fill out NDA and Buyer Forms.

Selling Your HVAC Company in Arizona

With warm temperatures almost year-round, Phoenix is a literal hotbed of potential clients for HVAC companies. Phoenix is the 6th most populous city in the nation and there are more than 4.5 million people in the metro area, creating plenty of room for competitors in the HVAC space. All these factors make buying an HVAC company a solid investment for entrepreneurs — and that makes selling your HVAC business for a decent price possible.

Sellers who have owned their companies for a while and are looking to make a change, either in their own career or for retirement, should take certain steps to make the most of such an opportunity. Here are four steps to take if you’re planning to sell your HVAC company in Phoenix or anywhere in the state of Arizona.

1. Consider the Existing Market

First, consider whether the existing market in your area is likely to continue supporting your business. Phoenix has plenty of potential customers a new HVAC business owner can market to, but that might not be the case in a rural area.

Second, consider the state of your competition. Is a larger company honing in on the territory, or is a competitor positioned to grow rapidly and take over a large chunk of the market?

These types of factors help you understand how to best position your company for a sale. If there are plenty of customers and your client list is thriving, you might sell to an entrepreneur who wants to get into the business or to a competitor who wants to grow. If your customer list is dwindling but you have the best techs and processes in the area, competitors might want to buy the business for those assets.

2. Prepare for Due Diligence

No matter who buys your HVAC company, you’ll need to present paperwork to support due diligence. Buyers will want to see documentation such as financial records, licenses, information about your staff and inventory. You can expedite a sales transaction by having all this information organized before you even put your company on the market.

3. Make a Plan for Yourself

Many people decide to sell a business or retire from a career without a solid plan for themselves. The result can be unpleasant feelings of ennui or even mental and physical health concerns that crop up suddenly as you find yourself spending days more aimlessly. While there’s nothing wrong with relaxing after running an HVAC business for years, make sure you have a plan for yourself to avoid some of the potential negatives. Plans might include:

  • Traveling now that you’re not encumbered by a business
  • Taking up new hobbies or learning new skills
  • Taking an exciting new step in your career by working for someone else in a different niche
  • Buying or starting a completely different company — if the thrill of building a business from the ground up is what keeps you going

4. Consult with Professionals

Finally, consult with professionals to ensure everything goes smoothly with the sale of your HVAC company. You might want to consider speaking with:

  • An accountant, who can help you get your business books in order and invest the proceeds of the sale to fund the next step in your career or life
  • A lawyer, who can ensure all your paperwork is in order and help mitigate any legal risks that might arise from selling a company
  • A broker, who can help you find the right buyer, facilitate the sale confidentially and get the best price for your company

The brokers at LINK Business Phoenix are ready to help, with an existing network of buyers to make the sales process even faster. Contact Linda Rehak or LINK Business Phoenix at (480) 686-8062 by phone or email at infophx@linkbusiness.com to get in touch with a professional business broker.

Fitness Studio in Phoenix Metro – North Valley

Maricopa County, AZ

  • Asking Price: $50,000
  • Cash Flow: $45,079
  • Gross Revenue: $213,509
  • EBITDA: N/A
  • FF&E: $37,709
  • Inventory: N/A
  • Established: 2013

Business Description

2019 Resolution-New Opportunity to Own Your Business!Don’t miss out on a chance to own this top-rated studio. The studio has exciting and modern facilities with state-of-the-art equipment with professional fitness instructors providing high value client experiences. Client testimonials attest to the fact that the studio has earned a reputation for providing exceptional results for drop-ins in addition to a long-term and loyal client base. On site are 7 part-time instructors and 4 front desk staff, about half have been there since day 1!

This gym comes with an excellent website and reviews.

Seller Financing Available for Qualified Buyer.


Detailed Information

  • Employees:11
  • Furniture, Fixtures, & Equipment (FF&E):Included in asking price
  • Facilities:Great location with plenty of parking. 1383 SF. Monthly rent: $2881+ $900NNN. Lease expiration 4/30/2023.
  • Competition:Other fitness studios.
  • Growth & Expansion:Add more classes.
  • Support & Training:In order to provide for a smooth transition to a Buyer, the Seller will provide Up to 2 weeks at up to 20 hours per week.
  • Reason for Selling:Other Non-Fitness Industry Opportunities.

To learn more about this opportunity please fill out our NDA and information sheets and we’ll be in contact. https://na3.docusign.net/Member/PowerFormSigning.aspx?PowerFormId=8abbe195-bf9f-4b29-9576-015f65d4fde4&env=na3&v=2

NATIONAL SANGRIA DAY

December 20 is National Sangria Day. It is observed by enjoying a well-mixed sangria. Sangria is a beverage made with wine and sweetened with fresh fruit and fruit juices. Other ingredients can include herbs, spices, carbonation, and liquor.

Here at LINK Business-Phoenix we want to extend a warm greeting to all the Sangria drinkers out there.

Contact us if you are interested in selling your business. We can provide an opinion of value based on today’s market conditions.

for great Sangria try this recipe:

Easy Sangria Recipe – Isabel Eats {Easy Mexican Recipes}

Calling Great Business Owners. We Have Buyers

Business Owners Making $100,000-$400,000 – We Have Buyers

The Phoenix metropolitan area has had one of the fastest growing economies in the United States for the past 10 years. The value of goods and services produced in the Phoenix metro area was $187.4 billion in 2008, and its economy has continued to grow steadily since. The outlook is particularly bright for prosperous small businesses with owners earning between $100,000 and $400,000 per year. Business owners in Phoenix will need to consider the following factors to make the sale of their business a smooth, profitable experience:

  • Pricing
  • Bookkeeping
  • Timing
  • Seller’s Remorse

Pricing

Establishing the asking price on a business is more complex than appraising the value of a house because many more factors are involved. Setting the price too high scares off buyers and causes the business to remain on listings until it gets stale. On the other hand, setting the price too low means you leave money on the table.  LINK Business Phoenix brokers have experience preparing an opinion of value for the business owner. 

It’s also important to be carefully consider advice from outsider advisers such as accountants, lawyers and relatives who are not actively involved in buying and selling businesses in Phoenix. They may mean well, but rarely are able to accurately estimate the value of your business.

Bookkeeping

Accurate bookkeeping may not always occur while operating a business, but it’s essential for selling one. Virtually all prospective buyers will want to look over the books before they will make an offer. Many buyers will need to take out a loan, and banks will also need to see the books before approving the loan. Furthermore, a red flag may go up with the IRS when a business’s tax returns don’t match up with its profit and loss statements. A business broker will also need to review these records to estimate a business’s current value.

Timing

Choosing the right time to sell a business is critical to obtaining the best price. Ideally, both the economy and the business itself will be doing well when an owner decides to sell. In practice, however, owners often wait until sales and profits begin to decline before deciding they want out. This situation can dramatically reduce the sale price.

Another scenario to avoid is attempting to sell a new business that hasn’t started to make a profit yet. These owners often feel their business has great potential, but buyers will be more interested in a proven business that’s already making money. Additionally, banks generally require a business to have been operating for at least three years before they will approve a loan. They will also require the business to be making enough of a profit to service the loan and pay the new owner a reasonable salary.

Seller’s Remorse

Seller’s remorse is common with small businesses that have a sole owner whose identity is intertwined with their business. The roller coaster process and other uncertainties can make owners question their decision to sell. The key to dealing with this challenge is to ensure that this is what you want to do and remind yourself of all the reasons why you want to sell. It’s also important to avoid getting emotionally involved when a buyer tries to get you to sell at a lower price. Bear in mind that buyers pay what the value of the business is worth to them.

Business owners have a lot to deal with when trying to sell a business. These challenges include negotiating the best price while preventing employees, clients/customers, and suppliers from finding out about a possible sale. An experienced LINK Business-Phoenix broker can handle many of these issues, allowing an owner to focus on running the business until it’s sold.

The brokers at LINK Business Phoenix are ready to help. Contact LINK Business Phoenix at (480) 686-8062 by phone or email at infophx@linkbusiness.com to get in touch with a professional business broker.