Today's Commercial Business Financing Tip: Financing A Hurdle For Most Buyers - It may be tough to find a buyer who has or can borrow the cash needed to buy a business. That's why most businesses are sold with seller financing. Get the loan agreement in writing and consider getting an attorney to write up the papers. Just because you ran the business profitably, doesn't mean the new owner will also. Protect your loan by getting as much collateral as you can to protect your loan.
Today's Featured Small Businesses Pre-Qualed For SBA Loans:
1. Houston County, Texas based
supermarket with real estate for sale - Well established, neighborhood supermarket located in northeast houston at a busy intersection in a high-traffic area surrounded by a large residential community. This business is an excellent opportunity for an owner operator. This store sells lottery tickets. It does not offer money orders, but is in an excellent location for the new buyer to set up check cashing and money orders.
The facility is 9,200 sq. ft. and the price includes a rental space of 4,300 sq ft, currently occupied by a beauty supply shop with a rental income of $3,500 a month. Deal Structure: Price: 1,600,000, Adjusted Net: 253,634, Down Payment: Negotiable. For details go to: http://www.usabizmart.com/businesses/114135.php
2. San Bernardino, Riverside County, California based
electrical service business for sale - Electrical services business - specializes in lighting and design. Businesses' operations include lighting, design, and installation for commercial and industrial projects.
This Southern California based business has been established over 13 years and shows strong sales growth.
Owner is seeking to retire.
Disclaimer: information has been provided by the seller(s). Broker has not verified this information and makes no representation as to its accuracy. Prospective buyer(s) should rely upon their own verification and that of their financial and legal advisors of this information. Deal Structure: Price: $1.3M, Adjusted Net: $525K. For details go to: http://www.bizben.com/listings/87438.php
* Note: These businesses have been business pre-qualified only - buyers of these businesses will also have to be pre-qualified - before SBA loan business purchase financing may be obtained. Approximately 32 different factors (buyer/seller info) are evaluated in the SBA loan process for business purchase loan financing.Technorati Tags:
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