Turn daily sales into an earnings file
Reconcile point-of-sale reports with bank deposits and tax records. Separate ordinary expenses from supportable owner adjustments.
Unreported cash does not support a defensible price. Show the income a buyer and lender can verify from the records.
Review the lease and approvals early
A neighborhood shop depends on its premises. Check assignment, remaining term, renewal options and whether the landlord will release your personal guarantee.
Long Beach business licensing and health approval need their own review when ownership changes. Selling the equipment does not settle permission to operate.
Settle what is included
List equipment, inventory, deposits, gift-card obligations and any brand or digital assets. Explain which items are owned outright and which are leased or financed.
A qualified buyer should know how staff training and opening routines will be handed over. Put the agreed transition in writing before closing.