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Purchases Priced Between $400,000 And $5,000,000


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3/22/07

Small Business Financing Tip: Tax Returns Are Critical



business financing
Today's Small Business Financing Tip: Make Sure The Business Broker Or Seller Can Provide Decent Tax Returns Early In The Process - It comes up all the time. Business brokers, agents, and sellers/owners have no idea what is on the tax returns. By the time the seller has received the tax returns for SBA loan financing considerations - a lot of time is wasted due to the tax returns don't show adequate cash flow for debt service. It's amazing how many business brokers and agents don't collect, don't investigate the numbers on tax returns before putting it on the market to sell! Buyers - before you make an offer on a business purchase, make sure the tax returns are ready - and try and get a copy of them before you make an offer.

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

1. Bakersfield, Kern County, California based gas station/mart with real estate for sale - Great opportunity in Bakersfield to own a long established business in one of the hottest cities in California! This gas station is branded Chevron and it includes food mart, beer & wine license, Western Union, and ATM machine as well. All underground environmental are up-to-date/code. Real estate is included in the purchase price. This station has outstanding income and has high potential for excellent growth development. Located in an excellent part of bakersfield, this property is surrounded by many residents and commercials, and is right along side a busy intersection. This wonderful chance is hard to find so make an offer before it's too late! Deal Structure: Price: $1,550,000, Adjusted Net: Call/Email. For details go to: http://www.bizben.com/listings/92274.php

2. Tampa, Hillsborough County, Florida based vinyl fencing company for sale - High quality, full line producer of premium structure vinyl fencing constructed of high-tech polyvinyl compounds which offers the same application as wood fencing, but is maintenance free. Everything is custom fabricated at the company factory and installed by company authorized installers. The company produces products that utilize specific company techniques which offer a far better product than competition. The growth opportunities for this company are substantial. Deal Structure: Price: $1,400,000, Adjusted Net: $229,644. For details go to: http://www.usabizmart.com/businesses/111966.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 9:31 pm in SBA Loans

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