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3/21/07

SBA 7a Loan Tip: Conserve Your Cash



business financing
Today's SBA 7a Loan Tip: Conserve Your Cash - Even if you have enough cash to finance a business, you could still look into financing. Why? Cash is the lifeblood of your business. If you use all of your cash paying for the business you may be short-handed later. You won't be in as strong of a position to get a SBA loan at that point.

Today's Businesses Pre-Qualified And Ready For SBA 7a Loan:

1. El Monte, Los Angeles County, California based car wash business for sale - Business includes car wash, details, c-store and rental income. Average monthly sale is about 56,000 and net operating income is more than 20,000 a month. All sales and profits are verifiable. This sale is for business only. But you may be able to buy the real property next year. Land size is 18,073 s.f. and building is 2,138 s.f. Deal Structure: Price: $1,350,000, Adjusted Net: $240,000. For details go to:  http://www.bizben.com/listings/90230.php

2. San Diego, California based restaurant/bar opportunity for sale - Casual dining steakhouse with full liquor license. If you’ve been searching for the right ‘turn-key’ restaurant opportunity; loyal customer base, full liquor license, great food, great rent factor, and makes money from day one … check this listing out. This original family owned restaurant is where community pride dominates. The restaurant is an official certified angus beef ® restaurant and features Starbuck’s® coffees and teas. With its full liquor license, it also features a wide variety of beer, wine, and premium brand cocktails to compliment the outstanding food. The location is currently open for lunch every day, dinner nightly, as well as, breakfast on saturday and sunday. Serving only the best beef!  Only 8% of all beef can earn the distinctive certified angus beef ® brand.  There are less than 100 locations is San Diego, out of over 7000 that are licensed to sell certified angus beef®; this location is only one of two licensed in valley center. The locations surrounding population is approximately 20,000 and can provide a great platform for your business if you take care of your existing loyal customers. Deal Structure: Price: $445,000, Adjusted Net: $134,300. For details go to: http://www.usabizmart.com/businesses/114880.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 9:42 pm in SBA Loans

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