You may have heard of BizBen.com, and you’re wondering if it’s a legitimate website for buying or selling franchises and businesses. BizBen is a well-known and respected online portal for buying and selling businesses, and it has been in operation for over two decades. Thousands of people have used the site to buy or sell a business, so you can be assured that you’re in good hands. In this video, we’ll discuss what BizBen is all about, as well as how it can help you buy or sell a franchise or business, primarily in California.

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00:00 Introduction
00:40 BizBen Website
01:47 BizBen History
02:12 BizBen Content
02:53 ProBuy Program
03:44 ProSell Program
04:03 Differences between California and Florida
05:01 Conclusion
05:41 Subscribe!

#BizBenLegit #VettedBiz

In today’s video, we’re going to go through if BizBen is legit for California franchises and businesses for sale. We’re going to go through everything you need to know about the BizBen website and see if it could be a good resource for you if you’re looking to buy an existing franchise or buy a business for sale. So, BizBen‘s been around now for 26 years, and it’s mostly focused on existing businesses for sale. About 10% of those listings are franchises. So last we checked there are about 326 franchises for sale listed on bizben.com.

Most of those franchises for sale are in the state of California as is the case with pretty much all 95% of the listings on BizBen being California base franchises, or more likely than not independent, non-franchise businesses. They currently have 3,812 businesses for sale. Of those, 3,700 are based in California. So 95%-plus of the opportunities that you’ll find on BizBen are California businesses.

So at Vetted Biz, again, we have business listings, franchise listings, our business for sale listings are more Florida-focused. So BizBen is a great complement if you’re looking to get a business on the West Coast. BizBen was founded by Peter Siegel in 1994. And it appears now it’s onto the second generation of the Siegel family, which is quite impressive as very few businesses last past 10 years. Nonetheless, being able to bring in the second generation, his son, into the business. And we’re going to go through a few of the content items that BizBen provides prospective business buyers, as well as business sellers.

So they do host a weekly webinar and podcast largely including some of the leading business brokers in California and other key advisors as guests. There are all different types of ways that you can advertise on the website for those business brokers, franchise brokers that are interested in potentially listing their businesses. They also offer custom banner advertising and featured info footers starting at $250.

Don’t worry, I’m not advertising. I don’t get any compensation from BizBen for the recording of this video. We just have been getting a lot of inquiries from the community at Vetted Biz as well as our clients and prospective clients at our sister company, Visa Franchise. They do offer a ProBuy Program for buyers, which is a six-month program designed for buyers who want to work with BizBen throughout the entire buying process.

So they get initial coaching, prequalified business purchase financing, and referrals to other professionals that can help them along the way. And they even have a buy posting listing what you’re looking for. Essentially getting that team aligned, the transactional attorney, escrow, sales services, everything that you need to buy a business principally in the state of California, that’s their focus.

They’ve listed and have worked on hundreds of thousands of businesses. So I imagine that knowledge base is compound where they can deliver some good service to prospective buyers. And then for the sellers, they have a ProSell Program for sellers and intermediaries, which seems like a good Kickstarter campaign for those new brokers that maybe are just starting up or it’s their first couple of years that need more support as they grow their business brokerage practice.

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