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6/4/07

Business Purchase Finance Tip: Reduce Financial Risk



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Today's Business Purchase Finance Tip: Reduce Financial Risk - An established business is usually much easier to find financing for than a new business. It's less risky too. Most likely the business also has established credibility with a bank. This will be to your advantage.

Today's Featured SBA Prequalified Business Opportunities For Sale

1.  Sarasota, Manatee County, Florida based medical equipment sales, rental, and lease service business for sale - A very well established home medical equipment company in a major market. The company sells, rents or leases equipment and stocks a wide variety of product durable and non durable. Due to the reason the seller is planning to retire and has another important and successful business that demands his time he has made no additional attempts to continue to build this company. There are a good number of ways for the company to grow. This is a very good opportunity for a single owner with or without experience or a buyer who already ownes or manages a similar company to take over. This should be considered by either as an outstanding acquisition opportunity. The company has been unusually heavy in staff because it has been for the most part absentee owner managed. The number of employees indicated herein is what it should be properly staffed not what it has been for the last many years. Deal Structure: Price: $850,000, Adjusted Net: $215,094. For details go to: http://www.usabizmart.com/businesses/117296.php

2.  Southern California based ice cream and yogurt manufacturing and distribution company for sale - Branded ice cream & yogurt - manufacturing & distribution company, Southern California.

Real estate available. This 18-year old company has unique product/customer niches. Primary institutional customers are school districts in S. CA and Las Vegas where it is sole source as its fat-free products meets the schools’ strict nutrition requirements. High margin direct retail channel for its established brand name products. Also a distributor for several consumer name brands. State-of-the art, highly-automated manufacturing equipment; products delivered with its own delivery trucks.

Due to high gross margins and low operating expenses, the company is an efficient cash-generator. Production could be tripled from current one-shift operation adding significant incremental net income. Well positioned for numerous sales and distribution opportunities: New school districts throughout CA and other states as well as direct retail and grocery stores and distributing other products through its channels. A commitment from a major retail chain currently under negotiation could add 90% in new revenues.

Ideal Buyer: A sales/marketing focused person/team experienced in manufacturing, marketing and distribution of food products. Pre-approved for SBA financing.

General Information:

Year Established: 1989

Employees: Monthly payroll of 32,000 including 18 outsourced employees.

Facility: 33,000 sq. ft. of land with a 7,500 sq. ft. facility. business owner also owns the real estate. Will lease facility to new owner for 8,000/month or will sell the re at its appraised value of 1,900,000.

Price Includes: Furniture, fixtures, equipment, tenant improvements of 551,000. Inventory of 15,000 not included.

Reason For Selling: Owner relocating.

Asking Price: 1,450,000.

Gross Revenues: 1,528,000.

Seller’s Discretionary Earnings: 251,200.

Disclaimer: The above information is provided by the seller. Neither sunbelt business brokers of riverside nor its agents have confirmed, verified or audited any information provided by the seller and the broker makes no representation as to its completeness, accuracy or reliability. Due diligence efforts are the responsibility of the buyer. Broker encourages buyer to engage competent legal, accounting and other professional service providers to evaluate this business. Deal Structure: Price: $1,450,000, Adjusted Net: $251,200. For details go to: http://www.bizben.com/listings/97264.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 9:46 pm in SBA Loans

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