Address: 46560 Fremont Blvd # 111, Fremont, CA 94538, USA
Phone: +15104909705
Sunday: Closed
Monday: 9AM–6PM
Tuesday: 9AM–6PM
Wednesday: 9AM–6PM
Thursday: 9AM–6PM
Friday: 9AM–6PM
Saturday: Closed
Zayante Market
Mission Peak Broker has done a very good job in selling my store in a fast time. they are very professional.
GOODY HUT
Harry Sidhu sold our business last month . We couldn’t have asked for anything more from a business agent than what he gave us. Harry is highly professional, responsive and very knowledgeable. I have worked with him on a number of business transactions and he is by far one of the most diligent specialists I have partnered with. I would highly recommend Mission Peak brokers to anyone looking to buy or sell a business !
Deshdeep Takhar
Harry Sidhu at Mission Peak Brokers was a true professional. He brought in multiple buyers during the sale of our business. Any questions I had were promptly answered and all my concerns were taken care of. Will definitely use his services again
Sim Gill
It was a pleasure working with Harry Sidhu in the purchase of our new business. He is a great negotiator and works to ensure that everyone is satisfied. He is well versed in the legal language making sure there are no surprises for the clients. Harry is not just helpful during the process but also after the deal has been done making sure all the client's needs/conditions are met. we will definitely be working with him again in the future.
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We have sold hundreds of businesses. Check out our Done Deals section on our website at missionpeakbrokers.com. To date, we have sold over $270,000,000 in assets.
Business Brokers help their clients buy or sell a business. Selling a business is a complex transaction and involves numerous steps to complete a business sale. Typically, there are a variety of government agencies involved and a number of allied professionals such as lenders, attorneys, accountants, industry specialists, etc. Business Brokers will prepare business valuations to determine the likely selling price of a business. They will obtain all necessary business & financial records. The Business Broker will secure financing. They will prepare marketing materials to promote the business sale. The Broker will qualify/vet prospective business buyers. Business Brokers negotiate and manage deal-making, due diligence, escrow, and the orderly transfer of the business.
Small businesses are valued either on a cash flow model or asset based model. If your business is profitable, congratulations! We use the Seller's Discretionary Earnings formula which is what is used by the Small Business Administration (SBA) and most small business lenders. This formula essentially figures the average cash flow for the business over 3-5 years and then multiplies that amount based on comparable businesses sold. The business that are NOT profitable, we use an asset based formula. The asset based formula essentially involves an appraisal of the business assets at fair market value. We offer complimentary business valuations. Contact us if you would like more information on valuing your business. We can be reached at missionpeakbrokers.com/contact
Typically, small business buyers will get a Small Business Administration (SBA) loan. If the borrower does not qualify for some reason, the business seller may offer seller financing with a reasonable deposit. Another option for homeowners is to get a Home Equity Line of Credit (HELOC) and use some of the property equity for the purchase. We have also seen some clients borrow against their 401K. Check out the "Financing" section on our website missionpeakbrokers.com for more information. Call us to explore your financing options and learn more about the process.
To get an SBA loan, you will need to explore whether you want a fixed-rate or variable rate loan, terms and conditions that are available. We have a wide network of SBA lenders and depending on your needs, we can recommend the right lender for your interests. To get the loan, you will need to complete an SBA loan application and organize your financial records (tax returns, P&L statements, etc.) and business records (corporation documents, lease, etc.). We have a 99% loan closure rate, so we are experts at determining what applications will be accepted and how to optimize an applicant's chances of securing financing.
We broker business loans for the purchase and expansion of small businesses (under $5 million) and loans for the purchase of commercial real estate. We also help clients get commercial loans for construction projects like building or reconstructing gas stations. Additionally, we help clients secure refinancing for existing commercial loans. Call us for more information on how we can assist you with your financing needs.
We have been in business since 2004.
Yes. Business Brokers must have a real estate license in the state of California because most business sales involve a commercial property lease transfer. Some business sales also include commercial property sale.
Business Brokers are typically paid on commission which is a percentage of the sales price.
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