Business Loans Tip: Using Retirement Funds as Business Capital

Today's Business Loans Tip: Using Retirement Funds as Business Capital - Sometimes people mistakenly think that money in IRAs and 401(k) plans is untouchable until retirement. You can invest retirement funds in a business without distributions, penalties and taxes.

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

1.  Los Angeles, California based casino party production service for sale - Here is your chance to own the largest and most prestigious casino party production company of its kind in existence. Established 47 years ago, this company is the premier player in the largest market in the United States and now is available for acquisition.

Their clients include hundreds of fortune 500 companies as well as hundreds of well known charitable organizations and well known celebrities. The building is approximately 8000 sq. feet, of which a 2000 sq. foot penthouse is located on the second floor. In addition to the extensive inventory of gaming tables and accessories a fleet of eight 14 foot cube trucks is included.

There is so much more but not enough space to truly describe this unique turn key operation so call us for more information. The building is also available for separate purchase price of $1,800,000.The Owners Are Motivated And Will Look At All Reasonable Offers. Deal Structure: Price: $975,000, Adjusted Net: $270,000. For details go to: http://www.bizben.com/listings/65950.php

2.  Covington, Georgia based video game route service for sale - The owner established this terrific cash business in 1988, and has increased revenue and profitability each year. The business places revenue generating games in various businesses such as sports bars, restaurant, convenience stores, etc. and services each location weekly, biweekly or monthly. The business has approximately 280 games in 48 locations. The locations of the games are within a 60-mile radius of home base, and are efficiently serviced with the company’s one employee. In 2004 and 2005 the revenue was $200,400 and $265,129 respectively. The year-to-date annualized projections are: Revenue $320,000 and a seller’s discretionary cash - $267,000.

The current owner will commit to the time necessary to transition the business and teach the new owner the nuances of a route cash business. Deal Structure: Price: $999,000, Adjusted Net: $270,000. For details go to: http://www.bizben.com/listings/65950.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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