Today's SBA Loan Eligibility Tip: Strengths Can Make Up For Deficiencies - As long as you don't have too many weaknesses, your strengths can help you secure the funding you need to buy a business. For example, insufficient cash for a down payment can be overcome with solid cash flow and collateral when
applying for a SBA loan to buy a business. Weak collateral can be overcome with good cash flow plus you applicable business experience.
Today's Featured Pre-Qualified Listings For SBA Loan Eligibility:
1. San Diego, San Diego County, California based
Japanese fast food franchise for sale - This Japanese fast food franchise is located in the heart of UTC. It is surrounded by UCSD, Scripps hospital, LJCD, UHS, and several large/small corporations. The business is 7 years old and current owners have had it for 2.5 years. It is a profitable, safe and turn-key operation. The current owners work as managers and spend 5-6 hours/day supervising during lunch hourse. There is a great deal of catering/deliveries and the walk-in business is continually increasing. Advertising is primarily done in the ucsd newspaper, frequent customer cards, and local coupons. There are 13 part time employees. Owners are motivated because they are relocating; therefore, all offers are encouraged. All financial documents will be provided to buyer at time of offer. Please do not speak to employees; sale of business is confidential. Deal Structure: Price: $550,000, Adjusted Net: $160,000. For details go to: http://www.bizben.com/listings/92040.php
2. Tampa, Hillsborough County, Florida based
adult day care service for sale - Private-for profit comprehensive senior service center. Licenses include adult day care, homemaker companion, respite, escort and personal care. Coordination of other services is physical therapy, speech-therapy and support groups. Clients include alzheimer’s, dementia and frail and elderly clients served. A financially qualified buyer with marketing and sale skills can consolidate and spread this concept all over the state and eventually make a national franchise. Deal Structure: Price: $2,000,000, Adjusted Net: $323,110. For details go to: http://www.usabizmart.com/businesses/111476.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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