Today's Business Purchase Financing 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 loan at that point.
Today's Featured SBA Loan Financing Pre-Qualified Business For Sale:
1. Florida based
nurse staffing service listing for sale - The company was established 3+ years ago by an experienced nursing team. It provides travel positions, local, per diem, and permanent placement nurses mostly to hospital clients and is licensed in Florida. Standing contracts are in place in a multitude of Florida counties. The company holds an impeccable licensure record and maintains an excellent reputation both in the field and in the communities it serves. The core staff is comprised of management / office personnel which support daily operations. Labor is done by an ever growing team of expereinced nurses.
The company’s 2006 financial statement supports sales of over $3,630,000, with an owner benefit of 15-20%. The weekly sales have little seasonable factors. 72% of the sales are within 30 days, and 20% are within 60 days, and 8% are within 90 days.
The administrative and satellite offices are open Monday through Friday, with an on-call staff available 24 hours per day. The company leases its office space and is afforded ample parking space for employees and contractors. The current owner(s) will train for 60 days to insure a smooth transition. Seller(s) must approve of all buyers before information will be released. No information will be released without (1) a provable financial statement (from a bank, stockbroker, or other financial institution), (2) a resume/company profile, and (3) a confidentiality agreement. There is no financing available by the seller(s). Deal Structure: Price: $3,300,000, Adjusted Net: $560,000. For details go to: http://www.usabizmart.com/businesses/116751.php
2. Marina del Rey, California based
durable products wholesale distributor business for sale - The business serves primarily as a wholesale distributor of herbal products, including cigarettes, other smokeable products, pills, raw extracts and herbs, cleansing products, vaporizers and related accessories.
The primary markets in which the business participates includes the tobacco industry, the smoke shop industry and to a lesser extent, the adult market. The business caters primarily to a target market group end user in the 18 to 35 age range. The herbal cigarettes (made of vegetables and herbs), are tobacco and nicotine free and hence are believed to eliminate addiction. Accordingly, these products are targeted toward those seeking to quit the use of tobacco. Thus, although the business does not promote the sale of these tobacco-free herbal cigarettes as a safer alternative to tobacco cigarettes, they contain no additives or nicotine and hence are believed to reduce and/or eliminate addiction.
Competition: There are few significant competitors due to the relatively unique niche market served. The favorable business strategy includes maintaining a unique and well diversified and quality product mix targeted directly to its loyal customer base, providing a competitive pricing structure, offering superior customer service and building additional business through its excellent reputation. In addition, the business enjoys a significant amount of repeat business from past customers due to its longevity in the marketplace. The other competitive advantage of the business includes substantial name recognition which is constantly maintained through advertising and attendance at tradeshows.
Potential For Growth: For the fiscal year ended september, 2006 (compared to the preceding period ended september, 2005), sales increased by seventy (70) percent and seller’s discretionary cash flow increased by nearly five hundred (500) percent. This increase is attributable to the introduction of new products into the business product line which were aggressively marketed directly to the business wholesale customers and at various tradeshows.
Facilities / Location: The business occupies 1,247 square feet of office, administrative, and warehouse space. In addition, the business also maintains warehouse space on a month-to-month basis to store pallets of inventory. Lease expiration date: october 30, 2007. Option: New follow on lease available to buyer. Monthly Rent: $1,665.
Year Established: 1994
Number Of Employees: 4
Days And Hours Of Operation: Mon - Fri, 9am - 5pm
Relocatable: Yes.
Deal Structure: Price: $495,000, Adjusted Net: $255,386. For details go to: http://www.bizben.com/listings/91465.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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