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3/12/07

SBA Loan Tip: Cash Flow Based Loans & Work Experience



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Today's SBA Loan Tip: Getting Approval On Cash Flow Based Loans With Direct Industry Experience - Borrowers need to have either direct industry experience of the business they are buying or have provable working skill sets that shows they can not only operate the business successfully but make it grow in the future. A great way to demonstrate this is to write a short comprehensive " mini business plan" (5-8 pages) that outlines your knowledge not only about the business your are purchasing but also about the industry it is in. Cash flow based financing can be achieved if the loan package is presented correctly to specialty lenders.

Today's Featured SBA Loan Pre-Qualified Business Opportunities:

1. Long Beach, Los Angeles County, California based trucking/distributor business for sale - Subject company is a successful fast growing trucking/distribution facility located in Long Beach, CA. Servicing world wide companies such as Oakley, Wet Seal, Mervyn's, Wal-Mart, Coca-Cola, Ryder, Macy's, Nordstrom's, NYK, Evergreen, NBSF, Nissin Foods, CH Robertson, Heineken, Smurfit-Stone, Oriental Air, And Gale Triangle to name a few. The business is located in an expandable 46,000 sq. ft. warehouse and 9,000 sq. ft. office. Year over year the company has proven its ability to increase its gross sales and net profits while maintaining and creating new business relationships.

Product and service information

The company provides excellent timely trucking/distribution services throughout the united states. Services mainly consist of 30% drayage, 35% local, and 35% line haul. Furthermore they provide the following services: LTL-Local, TL-Local, air freight pick ups, goh, drayage, LTL/TL (48 consecutive states), warehousing, pick/pack, consolidate, storage, transload, crossdock, and same day services.

Facility and equipment

The warehouse is strategically located near Long Beach ports and in the heart of Southern California. The 9,000 sq. ft. office is currently 30% utilized with the ability to grow and expand. In addition the 46,000 sq. ft. has 12 loading docks and sufficient parking space for incoming containers, trucks, and loads. The company owns 9 tractors and 15 trailers and 4 bobtails. Deal Structure: Price: $2,750,000, Adjusted Net: $550,000. For details go to: http://www.bizben.com/listings/92114.php

2. Massachusetts based digital imaging center opportunity for sale - This is not your father's 1-hour photo. From the beginning in 1989, the owners of this digital imaging center have stayed on the cutting edge of digital imaging. The highest quality images can be produced on archival quality photo paper not printed on your laser or ink jet paper which will fade within 1 year.

Customers can go into the store or up load digital images for quick printing and pick up. Framing, matting, retail sales of quality frames and albums and more. Services include film and slide processing as well as old photo copying (digital & print).

A unique service that could be expanded for substantial profit is image processing and distribution for federal and state organizations. this center caters to advanced amateurs as well as the family and commercial photographer. This business is fully equipped, and the value of this equipment is included in the asking price. The Noritsu processor would cost $135,000 alone! the Noritsu CT computers and impak film scanner would cost $20,000 new.

The store location is on a busy route and within 1/4 mile of a major state highway off ramp. The Mass. executive office of transportation states that over 27,000 cars per day pass this area. The owner is willing to stay for an appropriate time to teach the new owner everyting, however, the buyer should be savvy to this high tech industry. Deal Structure: Price: $285,000, Adjusted Net: $121,749. For details go to: http://www.usabizmart.com/businesses/111076.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.

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Posted at 9:44 pm in SBA Loans

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