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3/14/07

SBA Funding Tip: Pre-qualify For A Larger Business Loan



sba financing
Today's SBA Funding Tip: Pre-qualify For A Larger Business Loan - If you are buying a business and need a loan for more than $300,000 but less that $5,000,000 you should pre-qualify. It will help in your negotiations. You will know what you can borrow ahead of time. If you have good personal credit, use our pre-qualification form at http://www.bizbuyfinancing.com/prequalifynow.php

Today's Featured SBA Pre-Qualified Businesses For Sale:

1. Central Illinois, Illinois based liquor store business for sale - Location, location, location. This 2600 sq ft store is right on the corner of a very busy 4 lane road in the a high traffic area of town (population about 90k) people. At the stop light. Nice customer mix in a nice area of town. No bullet proof glass at this store. Hours are 8:00 a.m. - midnight. Store was a former gas station and does sell about 10k gallons of gas per month. Liqour licencse just renewed, new compressor unit for 10 door walk in cooler. Nice security and alram system. Lottery is about $12k/mos. This is store is about 3 hours south of chicago. Owner may help finanance with $300 down plus inventory. Deal Structure: Price: $799,000, Adjusted Net: Call/Email. For details go to: http://www.usabizmart.com/businesses/112894.php

2. Jacksonville, Duval County, Florida based motorcycle sales company for sale - Been in business 28 years. Excellent location. Real estate included. Motorcycle sales and accessories business selling a variety of popular brands such as Triumph, Ducati, Kymco Motorcycle and Artic cat and Elton ATV’s. A wide selection of these cycles as well as accessories and clothing offer the consumer many choices. This shop has been in business for 28 years and enjoys an excellent reputation of service and repair. Currently located on a major highway with excellent visibility, this is a destination point for both new and repeat customers. In northeast florida, near ocean, beaches and resorts. Business nets over $246,000.

Real Estate: $1,200,000 Included
FF&E: $122,000 Included
Inventory: $225,000 Included
Year Established: 1979
Number Of Employees: 8ft 2pt
Reason For Selling: Other Interests
Deal Structure: Price: $1,825,000, Adjusted Net: $246,141. For details go to: http://www.usabizmart.com/businesses/112841.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 9:37 pm in SBA Loans

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