How to Find Good Deals on BizBuySell - STEP BY STEP

[@LeoLandaverde]

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[@manavmohindra9238]

Thank you so much! This was a great video. I am 20 years old and have 100k saved up. I am working towards 200k and continue and I will definitely start looking for profitable existing businesses. I will definitely keep you in mind when I find a good business to get your experience and knowledge. Thanks Leo

[@LeoLandaverde]

That’s impressive

[@stevenburton7922]

Leo , do you partner in real-estate HUD apartment acquisition.?

[@LeoLandaverde]

Hi Steve, no I don’t. I am only involved in business acquisitions

[@stephaniatucker4038]

Hello, one man show? Who will run it? Do you put your own management team in to be an owner investor?

[@LeoLandaverde]

Depends on the size of the business. I encourage people to find businesses big enough to eventually run with a general manager. What types of businesses are you looking at?

[@stephaniatucker4038]

@@LeoLandaverde manufacturing, this will be my first deal. I have one now. Waiting on business information to go through it. I signed NDA. It was ok. I read it.

[@stephaniatucker4038]

@@LeoLandaverde I would like to have someone in place to be able to run it. Like the management already there etc.

[@gibbylee87]

Hello Leo; what’s the general percentage a broker charges for a publicly listed business in Central California and does CA have any ethical guidelines of contacting the owner IG directly, when they do have a broker?

[@LeoLandaverde]

It depends on the situation brokerage charge anywhere from 8% to 12% on the purchase value of the business. The higher, the purchase price, the lower the percentage. It is unethical for any buyer to try to circumvent the broker and deal with the owner directly. Not only it will cost you the sale, but you’ll be blacklisted by the brokerage firm, which is something you do not wanna do.

[@HandsOnRealEstate]

I’d love to do you have a Calendly link? I’m looking to buy a property that does 3 million in ebida Or 20 million in revenue

[@LeoLandaverde]

Yes, I do. Please email me your contact information to [e-mail] and let’s chat

[@Theseasonedloser]

Where are you located

[@LeoLandaverde]

California and Texas. Where are lookin lg to buy a business?

[@uknownx9238]

so if its more than 3x the cashflow then it might not cover the debt?

[@LeoLandaverde]

not necessarily but it is a good rule of thumb without taking a deeper dive. In most cases 3X SDE will have a healthy post debt service cash flow which is what we want. What types of businesses are you looking at?

[@uknownx9238]

@@LeoLandaverde Thanks for the response! Im kinda interested in the digital markerting space but I see a lot of them selling, not sure if that business model is dying or what.

[@LeoLandaverde]

model is not dying. Your approach would have to be more of an off-market approach. Catch the sellers before they engage brokers. Email me your contact info and let's chat. My email [e-mail]

[@Invest4Cashflow]

🎉🎉🎉thanks 🎉🎉🎉🎉

[@LeoLandaverde]

Awesome! Any takeaways from my video?

[@edgalarza2657]

I am looking into a gas station for 399k cash flow 125k. Where can I get funding to acquire this business

[@LeoLandaverde]

That’s awesome. Before I introduce you to any lenders, I need to ask you a bunch of questions. Please email your contact information to [e-mail].

[@Zee-yh4ow]

750 to 2 million sheesh

[@Mystories806]

Looool 3X, 3.5X to buy a business I don’t think could be good or fair

[@LeoLandaverde]

Thanks for watching. So what would you think would be fair?

[@Mystories806]

@@LeoLandaverde the fair price is that I made directly with the seller .. you are smart enough to understand what I mean

[@NoNo-zf6tz]

​@@Mystories806 you literally don't make sense