Acquisitionstation.com is a web-based business brokerage and consultation firm based in San Diego, California and was started in 2014 by Ryan Sorensen. A professional having sold over $3M worth of web-based businesses over 75 transactions in the last 4 years, Ryan and his team is dedicated to making transactions safe, comfortable, and most importantly profitable, for every client they work with.
Acquisitionstation.com specializes in all online business types including content/ads, affiliate, e-Commerce, SaaS, software products, information products, forums, directories, and others.
We have contact with buyers with budgets from $10k-$1M+ with interests in practically every business type and industry vertical.
Mendocino County, CA
Are you an aspiring chef, restaurant manager or sommelier with good business sense?
Do you have a dream/desire of owning your own successful restaurant?
Ever wanted to live in a beautiful & quaint coastal town?
If you find these questions intriguing and you have a little cash to invest into your dream ($100,000 minimum) I can help make it a reality.
I’m looking for an individual or team with a vision, talent and passion and a lot of drive.
I know you. You were me 8 years ago. Let me explain:
In late October of 2005 I was on vacation on the Mendocino coast. I saw a beautiful thriving ocean community and came across a property that was for sale (B&B farmhouse that I figured I could do some catering out of and open for family style dinners on the weekends). When I returned home I called the realtor to inquire how much they were asking for the said property. I learned it was already in escrow (this was a blessing!). The agent offered to show me some other properties and I headed on a road trip back to coast. I told the realtor my idea was a B&B because I knew I could live there (which was a must as I would be selling the homestead), run an inn, do catering and maybe do dinners or breakfast covers somehow to generate more income. I didn’t have access to much cash but I knew if I sold my house and picked up everything and moved I could come up with $110,000. So here I was sitting in a real estate office getting ready to go see some inns when the agent mentioned a restaurant was for sale with a few buildings on the property and maybe creatively I could make it work. She showed me the restaurant and immediately I asked for P&L’s as I saw my dream in front of me. I also saw that I could consolidate a lot of unused office space and I could turn a 700 sq. ft. out building/office into a one bedroom owner's unit. I’m excited!!!! My mind was made up but I needed to at least see the other properties. Following a day of real estate hunting I was on my way back home just waiting to get my hands on those P&L’s. The P&L’s arrived the next day and were not impressive to say the least. The plus side was 1.3m – 1.5m in revenue every year. The down side was no profit for as far back as I could see, 5+ years. I have good business sense and after looking and looking my conclusion was mismanagement. I knew I could make money off that revenue, so I did pro forma after pro forma -- being as conservative as possible with the worst case scenarios. What I came up with was that I would at least make as much money as I was currently making as an executive chef but would be working for myself, and in the best case scenario I would be earning more. On January 1, 2006 I put in an offer and after a little negotiation we came to a deal. Now the real crazy begins….the SBA loan process AND I need to sell my house to make this all work. Long story short, four months later my house sold, the SBA loan was approved and escrow closed May 25, 2006. Things have turned out better than I could have ever dreamed and in the past eight years my life has changed dramatically. I would love to find someone to take on the dream of owning an incredible restaurant. If this is you (the “me” from 8 years ago) and you’re serious, I can get you there. I know the steps it takes and I will lead you through it. Throughout my career, I’ve had some incredible people help me along the way. Now it’s my turn to pay it forward.
BUYERS AGENT 4% Commission
Ukiah (CPA), CA
Fort Bragg (CPA), CA
Redwood Valley, CA
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