Today's Acquisition Financing Tip: Answer These Questions Before Seeking Financing To Purchase A Business - Before you decide to buy that business, answer these questions about getting a loan:
- How much money do you need? Be as exact but plan in a little extra for unforseen expenses.
- What do you need the money for? Detail how the money will help your business and why it's a good risk.
- What will you do with the money? You usually need it to buy assets, to pay off debts, or to pay operating expenses.
- When and how you will repay the loan? Figure out the term and show the performance of the business to show that you can repay the loan in the specified timeframe.
- What if you don't get the loan? Make a backup plan or and be sure to think what you will do if you don't get the loan.
Today's Featured SBA Pre-Qualified Business Opportunities For Sale:
1. Klamath, Del Norte County, California based vacation resort opportunity for sale - Divorce forces sale of dream property vacation cabins, market, liquor store.
Woodland Villa Country Cabins and market woodlandvilla.com klamathusa.com. Google Klamath CA Redwoods Vacation and see why.
This property has the best internet ranking of all Klamath CA vacation spots; This could be why we run a 92% occupancy during the season. Read on...
Located in the giant redwood forest of Northern California and less than 5 minutes from the Klamath river and or the beaches of the Pacific Ocean. The business and property are situated on 8 big tree covered acres and has approximately 630 feet of frontage on hwy. 101 zoned commercial recreational. The property is a mufti faceted business. It includes a full service market with beer wine and liquor and deli, espresso bar, movie rentals, pizzas to go, bait and tackle, propane filling station and the only lotto system for 20 miles plus an ATM. The market also offers several custom, house branded products such as smoked salmon, smoked salmon jerky and custom roasted coffee under the label of "Klamath USA".
Additionally the market offers a gift shop which sells a multitude of items including indian jewelry, local arts and crafts, redwood carvings and live redwood burls. Many of these items are also sold on the Klamath USA web site.
The rental portion of the property has 22 residential rental units plus 1 commercial store. At present only 13 units are producing the income not including the owners quarters. Of the 13 units 4 are monthly rentals for year round residents. The other 9 units are devoted to vacation rentals and are rented by the night for up to a 14-day stay. These units are advertised throughout the area and are described and pictured on our web site at klamathusa.com. Deal Structure: Price: $1,350,000, Adjusted Net: $249,600. For details go to: http://www.bizben.com/listings/93067.php
2. Arkansas based cabinet shop business for sale - Absolutely gorgeous cabinet shop fully loaded with very new and meticulously maintained equipment. Located on 3 acres with year round running water on back property line and quiet country setting only 11 min from a large city and new construction under way all around. Way under utilized facility with more work than the owner is willing to do. Excellent wood storage that is out of the way and yet easily accessible to staff. Too much equipment to list! If you like cabinet shops. You gotta see this! Comes with a 2 year old home.
Ask for pictures! Deal Structure: Price: $614,000, Adjusted Net: $102,900. For details go to: http://www.usabizmart.com/businesses/115380.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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