SBA Loan Information Tip: Start Early And Be Prepared To Get A SBA Loan

Today's SBA Loan Information Tip: Start Early And Be Prepared To Get A SBA Loan - Each loan is unique with its own nuances and complexities. Once a loan is approved, it can take 30-60 days to fund. BizBuyFinancing is experienced in getting SBA loans. But you can dramatically speed-up the process. Pre-qualify so you know what you can expect to borrow. Then prepare and supply all of the necessary documentation up front.

Today's Pre-Qualified Listings For Buyers Financing A Business Purchase:

1. Marina del Rey, Los Angeles County, 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

2. South Carolina based wholesale distributor opportunity for sale - This well established wholesale distributor is one of the largest of its type between Atlanta and Charlotte. Established in 1981, it is known for providing outstanding service at reasonable prices utilizing company-owned trucks for delivery. Sales growth was 5% in 2006 and ytd 2007 numbers indicate expected growth of 10% or more for the current year. This business has momentum that a new owner can build on!

The current owner seeks to sell due to other business interests. The business has a good, long term lease situation in a facility well equipped to handle the operations. An experienced general manager and long term employees would be expected to stay on for a new owner, making for a smooth transition.

An independent, third party valuation placed the value at $1.45 million in early 1996 and the company has seen substantial sales and profit growth since that time. Estimated owner¢s cash flow for 2007 is over $400K. With sales growing and costs declining, this is a great time to take advantage of being the dominant supplier in a growing market! Deal Structure: Price: $1,400,000, Adjusted Net: $303,426. For details go to: http://www.usabizmart.com/businesses/117058.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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