Today's Business Lender Tip: What Lenders Look For - If you need a business loan, a lender will look at many factors. The most basic factor is cash flow. They will want to see that you have enough to cover the expense of the business plus enough to live on. They also want to know your work experience related to the business you are buying. A credit score of at least 600 is also important as are growing revenues or adjusted net income of the business you want to buy.
Today's Featured SBA Pre-Qualified Business For Sale Opportunities:
1. Sacramento, Sacramento County, California based
car wash business for sale - Gorgeous full service car wash. Complete remodel grand re-opening july of 2007. Extremely high traffic area (50,000 cars per day) with great demographic support in a very well established "old money" neighborhood. High barriers of entry due to local government restrictions are all overcome. This is a well thought out one acre site in a spectacular location. The new owner will have a "like new" full service car wash upon completion.
Additional Details:
- Business located in a very busy affluent area with "old money" clients.
- Deli and gift shop provide the best waiting facilities in the area.
- 1.0 acres of land with on an extremely high traffic count corridor.
- Modern state of the art equipment list available upon request.
- The rebuild will include a remodel of the wait area and gift shop, construction of the new exterior and roof, the addition of two remote drb pos systems for the service writers.
- 650 square foot managers office with two offices downstairs.
- This is an opportunity to enter the market for less than it would take to build.
- This establishment has had a successful 15 year history in this location.
Deal Structure: Price: $4,000,000, Adjusted Net: Call/Email. For details go to: http://www.bizben.com/listings/101932.php
2. Las Vegas, Clark County, Nevada based
jewelry store company for sale - Easy to operate, solid and long time established retail business. Current owner is absentee--management is stable and in place. Busy, prime location at the heart of one of Las Vegas's largest and busiest malls. Specializes in gold jewelry (necklaces, bracelets, rings, wedding bands, brand name watches etc.)--so no special knowledge of diamonds and gemstones is required. Ranked as one of the mall's top stores based on gross sales per sq. ft. Established since the late 80's has shown stable income ever since. Owner operator should increase the net income to approx. $255,000 (add back management salary). Deal Structure: Price: $400,000, Adjusted Net: $218,117. For details go to: http://www.usabizmart.com/businesses/111127.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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