Practical guides on buying, selling, and valuing businesses in Los Angeles — written by a broker who does this every day.
How businesses are valued, what drives multiples up or down, and why professional valuations matter.
Read article →SDE multiples by industry, what buyers are willing to pay, and how to maximize your sale price.
Read article →The 10 key drivers that buyers pay premium for — and how to strengthen them before you list.
Read article →The three main methods, earnings multiples, asset-based, and market comparables, and when each applies.
Read article →The true owner benefit of a small business, how it's calculated and why buyers value on it.
Read article →The profitability metric used to value larger businesses, how it's calculated and how it differs from SDE.
Read article →The key difference is owner compensation, which metric applies to your business, and why it matters.
Read article →The expenses added back to profit to reveal true earnings, legitimate vs. aggressive, and why buyers scrutinize them.
Read article →EBITDA normalized for one-time and owner-discretionary items to show true ongoing earning power.
Read article →Adjusting financials to show true ongoing performance, the process behind SDE and Adjusted EBITDA.
Read article →Why buyers pay for earnings, not top-line revenue, and why margin, not size, drives value.
Read article →The intangible value above tangible assets, brand, customers, reputation, and how it's valued and taxed.
Read article →Most small businesses sell for 2x-4x SDE and mid-market for 3x-7x EBITDA, what drives the multiple, by industry.
Read article →Owner dependency, customer concentration, declining revenue, messy books, the value killers, and how to fix them.
Read article →A practical 1-3 year plan, reduce owner dependency, build recurring revenue, and clean up financials.
Read article →See your business through a buyer's eyes, verified earnings, a risk-based multiple, financing math, and return.
Read article →Ideally annually or every few years, plus before a sale or major change, and why regular valuations pay off.
Read article →Three years of tax returns and financials, year-to-date figures, add-back detail, a preparation checklist.
Read article →Differences in add-backs, multiples, and data, and how to spot a broker inflating the number to win your listing.
Read article →When a second opinion helps, broker opinions vs. formal appraisals, and how to compare without chasing the highest.
Read article →Pricing on revenue, trusting online calculators, mishandling add-backs, and emotional pricing, and how to avoid them.
Read article →A step-by-step guide to selling your business in the LA market — from valuation to closing escrow.
Read article →The complete step-by-step process from the decision to sell through closing escrow.
Read article →Everything to do 1-3 years before listing — financials, operations, legal, staffing, and more.
Read article →Business timing vs. market timing, peak value signals, and why waiting for "perfect" often backfires.
Read article →Realistic timelines by stage, what speeds deals up, and what causes them to stall.
Read article →A complete checklist, financial records, legal and corporate documents, the lease, contracts, and operations.
Read article →Blind profiles, NDAs, buyer screening, and controlled information release, the system that protects your business.
Read article →Generally not until the deal is done, why, plus when and how to tell your team.
Read article →Usually not until after closing, how to handle key accounts, contract consents, and the transition.
Read article →The LOI, due diligence, financing, the purchase agreement, escrow, and closing, from offer to done.
Read article →What the buyer examines, what you provide, and how to come through with your deal intact.
Read article →The transition period, seller-note payments, the non-compete, escrow holdbacks, and your next chapter.
Read article →Overpricing, poor preparation, bad timing, and breaking confidentiality, and how to avoid each.
Read article →An honest look at what it takes, the risks of going it alone, and when FSBO actually works.
Read article →Overpricing, poor financials, owner dependency, and weak marketing, the top reasons, and how to fix them.
Read article →Clean financials, recurring revenue, low owner dependency, and diversified customers, sell to match.
Read article →It's about terms, not just price, know your walk-away, use the levers, and negotiate from strength.
Read article →Yes, but valued differently, on assets, revenue, or turnaround potential. Who buys, and how to position it.
Read article →The full step-by-step process, from defining your criteria to financing, due diligence, and closing.
Read article →What first-time buyers need to know about choosing, financing, and safely closing on a business.
Read article →Down payment, closing costs, working capital, and reserves, and how SBA and seller financing change the math.
Read article →How a seller note works, why buyers and sellers use it, typical terms, and how it fits with SBA loans.
Read article →Financial, legal, and operational checks, the full document checklist, and what to do when problems surface.
Read article →What an SBA 7(a) loan finances, requirements, ~10% down, the process and timeline, and how to get approved faster.
Read article →Messy financials, customer concentration, owner dependency, and evasive sellers, what each warning sign means.
Read article →The avoidable errors that derail buyers, from shopping without financing to running out of cash after closing.
Read article →The essential questions about financials, why the owner is selling, customers, and operations, plus the answers that should worry you.
Read article →Compare risk, cost, financing, and speed to profit, and which path fits your goals.
Read article →It's about more than price, seller financing, earnouts, transition, allocation, and using leverage.
Read article →Brand support, costs and royalties, control, financing, and resale value compared.
Read article →The reality: truly zero-down is rare, but low-money-down deals through standby seller notes are achievable.
Read article →The P&L, balance sheet, and cash flow, how to get from net income to SDE, and the red flags to watch for.
Read article →Typically six months to a year, the timeline stage by stage, and what speeds it up or slows it down.
Read article →Durable cash flow, low owner dependency, diversified customers, growth upside, and the right price and structure.
Read article →Cash flow, leverage, debt paydown, and returns, plus the risks of acquisition investing and how to start.
Read article →Roll-ups, portfolios, and vertical integration, when you're ready for a second, and how to finance and manage them.
Read article →The two-phase model, economics, and who it's for, raising capital to find, acquire, and run a business.
Read article →The dealbreakers that should end a deal, distinguishing them from cold feet, and how to walk away the right way.
Read article →The complete guide: programs, what they finance, rates and terms, the ~10% down payment, eligibility, and costs.
Read article →The go-to loan for buying a business, what it finances, amounts and terms, and 7(a) vs. 504.
Read article →What lenders look for in you and the business, credit, experience, cash flow, guarantees, and collateral.
Read article →Generally a ~10% equity injection, part of which a standby seller note can cover. How the down payment works.
Read article →How long an SBA loan takes, typically 60-90 days, the timeline stage by stage, and how to speed approval.
Read article →Eligible for-profit operating companies vs. the industries the SBA excludes, and the decisive cash-flow test.
Read article →How a seller note works with an SBA loan, standby rules, and how it counts toward your equity injection.
Read article →Messy financials, weak cash flow, a low valuation, and lease issues, the pitfalls that stall deals, and how to avoid them.
Read article →The full checklist, personal financial statement, tax returns, business financials, and the deal documents.
Read article →Get pre-qualified, buy clean financials, use a Preferred Lender, organize documents, and respond quickly.
Read article →Who must sign, what personal liability and collateral mean, why it's required, and how to think about the risk.
Read article →How veterans can use SBA financing to buy a business, available benefits, and why military experience is an asset.
Read article →That they take forever, need perfect credit, or require huge down payments, the reality behind each misconception.
Read article →The common reasons, whether to appeal or reapply, trying another lender, and alternative financing paths.
Read article →The guarantee fee, lender fees, valuation, legal and escrow costs, and how many can be financed into the loan.
Read article →Types of buyers, how broker networks work, and why confidential marketing beats going public.
Read article →BizBuySell, broker networks, confidential listings — where buyers actually look and how to reach them.
Read article →What brokers actually do, the real risks of going it alone, and when representation pays for itself.
Read article →Valuation, confidential marketing, buyer screening, negotiation, and deal management, the full role explained.
Read article →From valuation to closing and transition, the full step-by-step process a broker runs on your behalf.
Read article →Success-based commissions (around 10% for small businesses), the Lehman scale, and retainers, explained.
Read article →Experience, valuation approach, fees, marketing, buyer network, and who handles your deal, what to ask.
Read article →Experience, honesty, discretion, buyer network, negotiation skill, and deal management, how to recognize one.
Read article →Blind profiles, marketplaces, buyer databases, and direct outreach, all while protecting confidentiality.
Read article →Financial capacity, financing readiness, experience, and intent, why buyer screening protects you.
Read article →The broker learns your business and goals, discusses valuation and process, and reviews the agreement.
Read article →What each means, and why an exclusive listing with a broker you trust is usually the better choice.
Read article →What an LOI is, what it does, where it fits in the deal, and why it's mostly non-binding.
Read article →Price and structure, contingencies, exclusivity, transition, and timeline, the essential components.
Read article →Keep it clear and focused, balance specificity with flexibility, and mark the binding provisions.
Read article →Vague terms, unclear binding language, mishandled exclusivity, and rushing, the errors that derail deals.
Read article →How the no-shop clause works, why buyers want exclusivity, and what's a fair period for sellers.
Read article →Deal terms are usually non-binding, but exclusivity and confidentiality bind, why the distinction matters.
Read article →Working capital, inventory true-ups, earnouts, and holdbacks, why the final price can differ.
Read article →Negotiate the whole deal, know your priorities, use leverage, and keep momentum, for buyers and sellers.
Read article →Not automatically, evaluate the terms, buyer quality, and financing, but a strong first offer can be your best.
Read article →A complete checklist, financial, legal, operational, employee, lease, and tax items to verify before buying.
Read article →Reconciling financials to tax returns, verifying add-backs, and testing revenue quality, how buyers confirm the numbers.
Read article →Entity standing, liens, contracts and assignability, litigation, licenses, and IP, what attorneys review.
Read article →The roster, compensation, key-employee retention, worker classification, and liabilities, verifying the team.
Read article →Remaining term, options, assignability, and rent, why the lease can make or break a location-dependent deal.
Read article →Verifying tax compliance, uncovering liabilities, clearances, and avoiding successor liability.
Read article →Unverifiable earnings, undisclosed liabilities, lease problems, and a dishonest seller, what ends deals.
Read article →Renegotiating, holdbacks and indemnities, adjusted terms, or walking away, how issues get resolved.
Read article →Rushing, trusting the seller's numbers, skipping advisors, and re-trading in bad faith, how to run diligence right.
Read article →Poor preparation, hiding problems, slow responses, and inflated add-backs, how sellers survive buyer scrutiny.
Read article →How the neutral escrow holder holds funds, coordinates conditions, and protects both buyer and seller.
Read article →Preparation, responsiveness, the right team, and a planned transition, the playbook for a smooth close.
Read article →The liability and tax differences, and why buyers usually prefer asset sales in small-business deals.
Read article →The purchase agreement, bill of sale, assignments, promissory note, and non-compete, what each one does.
Read article →Final documents are signed, funds are disbursed, and ownership transfers, what to expect when a deal closes.
Read article →Typically a few weeks to a couple of months, what financing, clearances, and licenses do to the timeline.
Read article →What escrow fees cover, who pays (often split), typical amounts, and the other closing costs to budget for.
Read article →Financing, lease and landlord issues, license transfers, and tax clearances, the delays, and how to avoid them.
Read article →How business-email-compromise scams work, why you must verify wiring instructions by phone, and what to do if targeted.
Read article →Common causes, what happens to the deposit, whether it can be revived, and how to protect yourself.
Read article →Building wealth by buying a business instead of starting one, the models, why it works, and how to start.
Read article →Acquiring multiple businesses in one industry to build scale and capture multiple arbitrage.
Read article →How PE firms buy, improve, and sell businesses, and what selling to private equity means for an owner.
Read article →Patient, long-term capital that buys and holds, what family offices want and how they differ from PE.
Read article →The structure serious acquirers use to own a portfolio, liability protection, tax efficiency, and capital allocation.
Read article →Semi-passive ownership is achievable with the right business and management, the realistic picture.
Read article →Cash flow, leverage, and reinvestment compounding over time, plus structures to pass wealth to the next generation.
Read article →Start years early, know your options, maximize value, and plan taxes, so you exit on your terms.
Read article →Part of the price tied to future performance, why they're used, how they're structured, and the dispute risk.
Read article →Delivering the business with normal working capital, the peg, the true-up, and how it's negotiated.
Read article →Dividing the price across asset classes for tax, why buyers and sellers have opposing preferences.
Read article →Why the seller agrees not to compete, typical scope and duration, enforceability, and California's rules.
Read article →How the seller helps hand off the business, duration, scope, compensation, and why they protect value.
Read article →Stay bonuses, retention agreements, timing and communication, keep the team that makes the business valuable.
Read article →Start years early, deal structure and allocation, installment sales, and strategies to keep more of your proceeds.
Read article →HVAC companies sell for 2.5x-5x SDE. How recurring maintenance contracts and technician retention drive the multiple.
Read article →Plumbing businesses sell for 2x-4.5x SDE. Why service and repair work commands more than new construction.
Read article →Restaurants sell for 1.5x-3x SDE, or ~25-40% of sales. Why the lease is often worth more than the profit.
Read article →Med spas sell for 3x-6x SDE. How memberships, injector retention, and the medical director structure set the price.
Read article →Contractors sell for 2x-4x SDE plus assets and backlog. How CSLB licensing and bonding capacity affect the deal.
Read article →Manufacturers sell for 3x-6x EBITDA plus assets. Why customer concentration is the number-one swing factor.
Read article →Gyms and studios sell for 2x-3.5x SDE. How recurring membership revenue and churn determine value.
Read article →Roofers sell for 2.5x-5x SDE. Why recurring maintenance beats storm-chasing, and how warranties factor in.
Read article →Auto shops sell for 2x-3.5x SDE — and the real estate is often the bigger prize. How to structure the deal.
Read article →Dental practices sell for 60-85% of collections, or 4x-7x EBITDA for DSO buyers. How payer mix and associates drive value.
Read article →Bakeries sell for 2x-3x SDE. Why wholesale and B2B accounts are worth more than a retail-only counter.
Read article →Childcare centers sell for 2.5x-4x SDE, often plus real estate. How enrollment and licensed capacity drive value.
Read article →Dry cleaners sell for 2x-3x SDE, but environmental (perc) liabilities and commercial accounts can swing the price.
Read article →Ecommerce sells for 2.5x-4x SDE, with strong DTC brands reaching 4x-5x+. How brand ownership and channel mix drive value.
Read article →Landscapers sell for 2x-3.5x SDE. Why recurring maintenance contracts beat one-time design-build work.
Read article →RCFEs and assisted living are valued on occupancy, EBITDA or cap rate, and real estate. How payer mix drives the price.
Read article →Chiropractic practices sell for 60-75% of collections, or 1.5x-3x SDE. How owner dependency and cash-wellness models matter.
Read article →Cleaning companies sell for 2x-4x SDE. Why recurring commercial janitorial contracts are worth more than residential.
Read article →Printers sell for 2x-3.5x SDE plus equipment. Why packaging, signage, and wide-format beat commodity print.
Read article →Franchise units resell for 2.5x-4x SDE, adjusted for brand strength, royalties, and remaining term. What buyers pay for.
Read article →The process plus California's rules on escrow, seller disclosure, employment law, sales tax, and capital gains.
Read article →The buyer's guide to California, escrow and bulk-sale rules, license transfers, employment diligence, and financing.
Read article →How the seller's permit, local licenses, professional licenses, and ABC liquor licenses transfer in a sale.
Read article →What sellers must disclose, material facts, financial accuracy, and why transparency protects you from liability.
Read article →Bulk-sale law, notice to creditors, licensed escrow holders, and the typical California closing timeline.
Read article →Final pay and PTO payout, Cal-WARN, at-will rehiring, wage-and-hour risk, and successor considerations.
Read article →Tax on tangible assets, the occasional-sale rules, successor liability, and the CDTFA tax-clearance certificate.
Read article →Landlord consent, assignment vs. sublease, personal guarantees, and why the lease can make or break your deal.
Read article →The federal requirements plus California factors, licensing, lease terms, environmental review, and higher prices.
Read article →California taxes gains as ordinary income, how allocation, installment sales, and planning affect what you keep.
Read article →Local market insight for Valencia, Newhall, Saugus, and Canyon Country, plus the steps to sell for full value.
Read article →Local guidance for Thousand Oaks, Simi Valley, Oxnard, Camarillo, and Ventura, and how to sell for top value.
Read article →The local market, what to look for across the SCV, financing, and the California steps to close.
Read article →Home services, healthcare, and essential recurring-revenue businesses, and what makes them strong acquisitions here.
Read article →How businesses are valued here, SDE and EBITDA multiples, industry ranges, and local factors that move your price.
Read article →Buyer types, confidential marketing, and broker networks, why the right buyers, not the most, get deals done.
Read article →Every business is different. Let's have a confidential conversation about your specific situation.
Talk to MartinConfidential business sales and acquisitions from main street through the lower middle market. Serving Los Angeles, Ventura, San Bernardino, Riverside, Orange, and San Diego counties.