What do we do?
- Real Estate Asset Acquisitions and Sales
- Business Brokerage
- Site Development
- Commercial Leasing
At Troop Business Services, our brokerage and staff serves in helping small and mid market businesses “confidentially” package their assets & goodwill for sale, provides guidance in due diligence, formulates strategy, and “confidentially” promotes our listings locally, nationally, and around the world . Our real estate broker specialists provide exceptional guidance in the sale, lease or acquisition of commercial properties. Business acquisition specialists, assist in finding qualified buyers that have the resources needed to acquire those business opportunities. We work within our industry and seek the fastest, most efficient and professional method of providing successful business sales, mergers or acquisitions.
Sell or Buy a Business
Experts at Preparing Businesses For Sale, No-Cost Valuations and Lease Modifications Troop Business Services Division prepares small, mid-sized and large businesses for sale by confidentially packaging the business and providing guidance throughout the sales process. With our proven marketing strategies we find qualified buyers that have the resources needed to acquire those business opportunities.
Why Troop Business Services brokerage Division?
At Troop, our Business Services division will ensure our clients the highest standards of professionalism and knowledge of our certified agents. We will maintain and continually educate our agents to ensure our clients of our unique market niche.
Troop Business Services works closely with Troop Commercial and Residential agents to ensure seamless multiple transactions which may occur from a sale of a business. We all specialize in our own area of expertise, however, our cross marketing and staff integrates knowledge and manpower needed to accommodate the overall needs of our clients. In most any business transaction there is a lease or multiple lease assumptions, or new lease options which will be required.
Troop Commercial has the knowledge. Maybe a commercial building purchase or maybe a strip mall owner who is managed by our Troop commercial division can utilize our services to fill voids in the occupancy rate of their properties. Cross marketing means full service to our clients.
What is a Business Brokerage?
Business Brokerage is a profession made up of people with varied backgrounds who professionally assist privately owned business sellers and buyers, sell or buy a business.
A Certified Business Broker offers significant service to the marketplace. We create a network and channel for which the public can actively sell and buy businesses with the highest standards of professionalism and confidence. We serve the public by creating and bring to light the hidden values and assets of small to moderate size business. We serve as an intermediary dedicated to our customers, while maintaining communications and an accurate timely flow of information between all parties in a transaction.
Certified Business Brokers work on a code of ethics which makes every attempt to protect all parties within a transaction from fraud, misrepresentation, and any unethical practices. The public’s best interest and those parties involved within any business sale or acquisition is always paramount.
- Tenant Sourcing through Business Brokerage Simi Valley - Direct tenant sourcing through a professional California Certified Business Brokerage Simi Valley is a pro-active method and additional resource to complement conventional marketing of vacancies. Case in point: A conventional listing of a 2,000 square foot space in a busy center vs promoting a 2,000 square foot fixtured store identified to a specific target market […]
Direct tenant sourcing through a professional California Certified Business Brokerage Simi Valley is a pro-active method and additional resource to complement conventional marketing of vacancies. Case in point: A conventional listing of a 2,000 square foot space in a busy center vs promoting a 2,000 square foot fixtured store identified to a specific target market and end user. Those fixtured assets are worth money and the ability to promote pro-actively and directly to an end user brings us results you don’t find utilizing conventional methods. We use alternative advertising to CoStar, AIR, and Loopnet.
“Business Brokerage Simi Valley” marketing can provide outside the box results while using our data base and marketing tools to those specific end user tenants.
We are not suggesting conventional marketing be taken off the table; What we are suggesting is that a secondary method of promotion by a Certified Business Broker be coordinated to run simultaneously on those fixtured spaces. Our channel of promotion and our data base of buyers seeking to purchase specific type business opportunities and fixtured space may give a business buyer the ability to lease what they need for less. In turn, think of the asset savings in not having to demo and the potential recoupment of back rents through key allowance monies, or fixture sell off.
Essentially, any fixtured store, salon, professional space, or restaurant is a great candidate for direct tenant acquisition through our Commercial Business Brokerage Simi Valley. We become a tenant rep and a conduit to work on a co brokerage fee with the listing agent, or directly with the asset management.
Please do not hesitate to contact me for any future opportunities
- Avoid Commercial Property Financing Mistakes – Ask business brokerage ventura county - Avoid Mistakes, Get the Financing You Need to Acquire a Commercial Property – ask a business brokerage ventura county A commercial real estate mortgage is unlike other business loans, including residential property loans. Not only do the loan terms vary significantly, but the whole process is more complicated. At Troop Business services our business brokerage ventura county […]
Avoid Mistakes, Get the Financing You Need to Acquire a Commercial Property – ask a business brokerage ventura county
A commercial real estate mortgage is unlike other business loans, including residential property loans. Not only do the loan terms vary significantly, but the whole process is more complicated.
At Troop Business services our business brokerage ventura county has experience mortages. Here is what we advice:
The length of payment, for example, varies by almost 20 years. A conventional residential home loan is payable for a period of 30 years, but a commercial loan typically has a 10-year payout because it is considered high risk.
When it comes to evaluation of whether or not a debtor has the capacity to pay the mortgage, loan providers look at a property’s ability to generate income instead of a property owner’s personal gross income.
With such differences, it is not a surprise that mistakes are made in securing a commercial real estate mortgage. If you can avoid committing the same blunders, you can breeze through the loan process. So what should you keep an eye out when acquiring a commercial real estate mortgage?
Common Mistakes to Avoid When Securing Financing
- Hiring a non-specialized lawyer
- Not consulting business brokerage ventura county
It is important that the lawyer you hire understands general business practices and the process of acquiring a loan for a commercial property. Agreements on this side of the real estate market can be lengthy and complicated, which someone inexperienced in the field can easily wreck. They could also overlook important matters that would not have escaped a lawyer specializing in commercial real estate.
- Failing to keep documentation organized
Applying for commercial property financing often requires a voluminous quantity of information, which lenders will review to help them analyze which application package to grant you. Imagine how they would react if you present them with disorganized supporting documents. Remember that lenders are often running against the clock on the approval process and disorganized paperwork will only cause major delays.
The least you can do is to arrange documents properly and accordingly to shorten the review process. Make sure to submit detailed information about the financial prospects of your business, how you plan to use and pay for the building, and other important property information. It is important that the report is produced by third-party processors.
- Having inadequate cash reserves
- Choosing another business brokerage ventura county
Remember that lenders are in the business of lending and getting back money owed, so they will look for details that guarantee the security of their interests, such as liquid assets, cash, and cash equivalents. If they find that you don’t have the strength to service the loan, your application for financing may be rejected. So make sure that you have at least six months’ worth of loan payments in your coffers before you apply for a mortgage.
If your loan application is for a multi-tenant property, you may also need to set aside the money needed to pay for the cost of replacing tenants that move out. You also need to prepare for a 20% down payment and a loan-to-value ratio of 80%. If the business climate is strong, however, you may only need to pay a downpayment of 10%.
- Using the wrong lender
Do you always get your business loan from a bank or your favorite lender? You might not be able to use either of them when applying for a commercial real estate mortgage. Lending on commercial properties is a different industry from general business lending, so check first if your bank or go-to lender can provide the financing you need. Otherwise, tap into alternative financing resources, such as the Wall Street conduit debt or life insurance companies.
Due to the complicated and complex nature of securing a commercial property mortgage, it is wise to choose a property wisely before you decide to pluck it off the market and apply for a loan. It is best to choose commercial properties that are capable of generating significant income-over-debt ratio so there’s no doubt in a lender’s mind that you can pay off the loan.
Check out property designs with income-generating features or an overall look that sells. You want every square inch of the property you choose to be worth something. Most importantly, tap into commercial real estate experts for advice to help you make a profitable decision.
- The best business brokerage ventura county has to offer explains the logistics of intermediaries. - The best business brokerage ventura county has to offer explains the logistics of intermediaries. Public and Private based 3P.L.’s, Supply Chain Mgt, and Transportation companies are on the constant lookout to optimize expense while improving efficiencies and expanding services, reduction of risk, and increasing the bottom line. We are a confidential intermediary which can provide […]
The best business brokerage ventura county has to offer explains the logistics of intermediaries.
Public and Private based 3P.L.’s, Supply Chain Mgt, and Transportation companies are on the constant lookout to optimize expense while improving efficiencies and expanding services, reduction of risk, and increasing the bottom line.
We are a confidential intermediary which can provide opportunities in expansion, downsizing, or formulating an exit strategy by focusing on:
• Acquisition of “service based” asset and non asset companies.
• Expansion of Assets thru acquisition, partnership, association, or merger.
• Maximizing profits through the “spin off” of fringe or non-essential business segments which are costly to other operations.
• Marketing the confidential sale of your business.
If 2014 is your year to consider a change, or to take a pro-active approach to expansion or downsizing, we would like to speak with you. I personally have 20 years of ownership experience in 3P.L. Transportation, international and national supply chain management and product fulfillment to Big Box Stores, Warehouse Clubs, Ecommerce, and wholesale pick n pack operations.
Thanks for you time, and please do not hesitate to US for a confidential consultation. Our business brokerage ventura county is always ready to assist.
Randall J. Barondess, MA, C.B.B.
CMA Logistics & Welle / 3K Industries
European and Far East Operations
- BUSINESS PURCHASE, SALE OPPORTUNITIES ABOUND IN CHANGED ECONOMY, SAYS BUSINESS BROKERAGE VENTURA COUNTY - WESTLAKE VILLAGE, CA – In a rapidly changing economy, a business brokerage ventura county observes two powerful forces. Mid-management corporate professionals caught in downsizing seeking cash flow, and business owners burdened by the fiscal strains of their companies – are converging to present unprecedented small to mid-size business opportunities, an area business brokerage specialist reports. […]
WESTLAKE VILLAGE, CA – In a rapidly changing economy, a business brokerage ventura county observes two powerful forces. Mid-management corporate professionals caught in downsizing seeking cash flow, and business owners burdened by the fiscal strains of their companies – are converging to present unprecedented small to mid-size business opportunities, an area business brokerage specialist reports.
Randall J. Barondess, director of Troop Business Brokerage/Commercial Real Estate in Westlake Village, CA, says objectively evaluating the prospects for the sale or purchase of a business is critical to this process. Troop Business Brokerage helps companies package themselves for sale, and assists potential buyers find the right company to fit their needs.
“In the past year, there has been a major increase in mid-management corporate professionals who have lost jobs because of the economic downturn and need cash flow. Concurrently, there are numerous people who own businesses, are having trouble, or are burned out, many facing long leases. Acquiring businesses that are objectively evaluated can be a viable alternative for both parties,” Barondess said. He added that the influx of immigrants has intensified this demand.
Barondess, leader of a top business brokerage ventura county, emphasized that there are three key factors he uses to evaluate businesses. He calls them the “Three S’s’. They are:
° STEADY – Those businesses reflecting no more than 7%-10% variance in fiscal quarters from year-to-year, with no more than a 10%-12% annualized
change of gross revenue.
° SUBSTANTIAL – Changes in business conditions, employees, equipment, other hard assets, lease or options, cost of goods, and comparatives to industry
standards. Abnormalities in these areas must be viewed as red flag for further due diligence.
° SUSTAINED – Market share, continuity of product or services, personnel, methods of accounting, inventories, condition of premises and equipment are all
essential in establishing realistic values for a business.
Another area where Barondess helps small to mid-size businesses is realizing “phantom assets”. “These include under market rate leases, goodwill, location and pass-by traffic,” he said. He noted that if business real estate is part of a company’s assets, Troop Business Brokerage/Commercial Real Estate will handle the disposition or re-lease of the property to the new business owner. More advice can be found from business brokerage ventura county leadership from Barondess .
“People need to understand that they need an objective view of their property. Many of them don’t realize that if they run their business to live on, the business is running them. But, if they run it to capitalize on it for retirement or to make money, then they’re running the business for the right reason. We analyze businesses in this light before we market them,” Barondess concluded.
He concluded by noting that Troop Business Brokerage represents many businesses in the small to mid-market arena. EBITDA and SDE (Sellers Discretionary Earnings) analysis “is part of our service and essential to successful transactions,” Barondess said. Troop also represents many qualified investors seeking good cash flow opportunities, he added. Barondess can be reached at (805) 990-9940.
- LEGIONS OF MID MANAGEMENT MANAGERS WITHOUT JOBS CHANGING FACE OF BUSINESS BROKERAGE - WESTLAKE VILLAGE, CA – Business brokerage ventura county finds millions of mid-level management people who have lost their jobs in the past 12 months but who are fully qualified to run a business are changing the face of the business brokerage industry, according to the top official of Troop Business Brokerage. “Downsizing has had a […]
WESTLAKE VILLAGE, CA – Business brokerage ventura county finds millions of mid-level management people who have lost their jobs in the past 12 months but who are fully qualified to run a business are changing the face of the business brokerage industry, according to the top official of Troop Business Brokerage.
“Downsizing has had a dramatic impact on countless, capable individuals. Either they can throw up their hands, or become entrepreneurs. Now it’s getting back to basics for these people. Making their own livelihoods is the answer,” said Randall Barondess director of Westlake Village, CA-based Troop Business Brokerage.
To provide guidance to these prospective entrepreneurs, Barondess announced that Troop Business Brokerage is venturing outside the box of traditional business brokerage with a fresh marketing approach aimed at going directly to the public through radio. Business brokerage ventura county finds fully qualified to Buy or Sell a Business. Our business are changing the face of the business brokerage industry
“We’re committed to providing future business owners & sellers with tips on how to go about acquiring or selling their own business opportunities,” Barondess said.
To underline that he announced that beginning November he will host a prime drive time radio show in Ventura County aired from 8 a.m. to 10 a.m. Monday through Friday over Gold Coast Broadcasting’s “Business Connection” on KKZZ, AM 1400.
“Instead of our business brokerage agents relying solely on knocking on doors, we have decided to adapt to changing needs and communicate directly with the thousands of potential and existing clients every day, five days a week. In addition to being broadcast & streaming live, our strategic relationship with www.bizben.com will provide access to more than 90,000 targeted listeners on a weekly basis. Barondess said.
He added that the program’s weekly segments will include “The Committee” discussions on buying and selling by industry segment, “Pitch the listing spotlight”, “The deal killers”, “Wall street meets main street”, “Posturing your business for sale”, and “Small Business Lending”- Navigating the S.B.A., In addition to insights from Barondess, the show will feature daily co-hosts drawn from the industry and Certified Business Brokers at Troop Business Services.
“Now is also the time for small and mid-size businesses to reinvent themselves with the many talented new entrepreneurs entering the market,” Barondess said.
- TROOP BUSINESS SERVICES LAUNCHES ‘THE COMMITTEE’ SERIES OF EDUCATIONAL POD CAST BUSINESS REPORTS - THOUSAND OAKS, CA, Dec. 15, 2009 – If you’re among the growing legions of individuals seeking to position a business for sale or buy a business to counter this challenging economy, don’t make a move until you consult “The Committee”. That’s the invitation of Troop Business Services of Westlake Village, CA which this month (Dec.) […]
THOUSAND OAKS, CA, Dec. 15, 2009 – If you’re among the growing legions of individuals seeking to position a business for sale or buy a business to counter this challenging economy, don’t make a move until you consult “The Committee”.
That’s the invitation of Troop Business Services of Westlake Village, CA which this month (Dec.) launched “The Committee”, a weekly series of business reports offering advice on the sale and acquisition of small, mid-sized and large businesses. Sponsored by BizBen.com, “The Committee” is presented in POD CAST format posted in MP3 audio files accessible via www.TroopBusiness.com.
“The Committee comprises a panel of certified business brokers hosting industry specialists in frank discussions concerning all facets of business with an emphasis on sales and acquisitions,” said Randall Barondess, director of Troop Business Services, who hosts the POD CASTS. “We are here to help main street business,” Barondess stated.
Barondess revealed that the initial POD CAST features guest speaker Mike Frawley, chief deputy district attorney in the Ventura County District Attorney’s office, and Rodd Feingold, a California Certified Business Broker, concerning “very controversial topics.”
Subsequent POD CASTS will feature a four-segment series on coin operated Laundromats, five segments on restaurants, and two segments on buyer/seller remorse.
Other planned series will be on Credit Card Merchant services which will include a segment on Credit Card Fraud, Insurance, Small Business Finance, and Small Business Administration (SBA) issues.
These will be complemented by programming and recording on most major industry segments and other issues concerning business acquisition, positioning business opportunities to sell, leasing, tenant representation, and forecasting the short and long-term business outlook.
“The overriding benefit of this business POD CAST series is that listeners can access programs at their leisure and re-visit individual segments of particular interest to them as their schedules allow. Additionally, they can look forward to a broad cross-section of programs featuring diverse business opportunities”, Barondess said.
- GABULOUS, ‘GROUNDBREAKING’ FREE CONSUMER VOIP SERVICE, SEEKS BUYER OR JOINT VENTURE PARTNER FOR ITS PATENT PENDING TECHNOLOGY, OWNER ANNOUNCES - WESTLAKE VILLAGE, CA, July 7, 2009 – GABULOUS.COM, the inventors of what it terms a “groundbreaking” free consumer Voice Over Internet Protocol (VOIP) telecommunications service supported by relevant advertising information, is seeking a buyer or joint venture partner for its patent pending technology, announces Phil Shapiro, the owner. “The groundbreaking GABULOUS.COM technology brings free VOIP […]
WESTLAKE VILLAGE, CA, July 7, 2009 – GABULOUS.COM, the inventors of what it terms a “groundbreaking” free consumer Voice Over Internet Protocol (VOIP) telecommunications service supported by relevant advertising information, is seeking a buyer or joint venture partner for its patent pending technology, announces Phil Shapiro, the owner.
“The groundbreaking GABULOUS.COM technology brings free VOIP service to consumers via an ad based, non-intrusive delivery system. Consumers will get exactly what they want – free phone service, discounts and coupons on their favorite goods and services. With over 24 million current VOIP subscribers nationwide, and a projected double digit yearly growth, this represents the next big play in the technology sector,” Shapiro said.
Among key features of the GABULOUS.COM VOIP service are patent pending proprietary technology, “seamless integration of relevant advertisers, friendly and intuitive consumer interface, and an elastic revenue model allowing for affiliate and other ancillary revenue sources. This service will also be able to be private labeled for use by any large consumer based organization who wishes to offer its project to its customer and or subscriber base,” Shapiro stated.
Randall J. Barondess, C.B.B., director of Troop Business Services Division of Westlake Village, CA, who represents the ownership, said they seek to either sell their patent rights, enter into a partial sale, secure venture capital for build out, or participate in a joint venture for an inventor/employment-equity contract. Asking purchase price is $30 million (U.S. Patent & Trade Office #20070274483).
Barondess said that GABULOUS.COM will provide “a unique VOIP service that combines community, content, commerce and culture in a way never before seen. Meanwhile, it will deliver what people have been starving for – relevant ad information, free VOIP services, and discounts and coupons for their favorite products. The system will feature the newest, most advanced and reliable broadband VOIP technology combined with a sophisticated advertising model designed to generate revenue, promote user loyalty, and advertiser penetration.”
A full executive summary, business plan, ramp up, and system drawings are available, Barondess said. He added that GABULOUS.COM plans a “soft launch” of its VOIP service as a Beta in Winter, 2010, followed by the launching of the production version of the site in mid-2011.
July 2009 See it at Yahoo Finance