Today's Business Acquisition Loans Tip: Owner Training After The Deal Is Closed Is Critical For Financing - Lenders require that their be a transition period between the past owner and the new buyer coming in to operate the business. Typically one to three months is the norm, but lenders always like more if possible. Buyers should insist on a training period/transition in their Letter Of Intent and Purchase Agreement if they are considering
business acquisition loan financing to buy a small to mid-sized business.
Today's Businesses Pre-Qualified And Ready For Business Acquisition Loans:
1. Northern California, California based steel products
manufacturer, wholesaler, and installer opportunity for sale - Manufacturer, wholesale and installation of reinforcing steel metal products. Own an icon in this industry. With over 30 years in business, and incredibly clean books and records, they have it dialed in. This business doesnt advertise, all business is through referrals and repeat business. They provide the steel wholesale, and also do installations. The seller has the procedures and systems in place to operate this business. The seller oversees the business and handles the bids for the projects; he has foremen in place both in the shop and on each of the 6-9 crews in the field. Deal Structure: Price: $1,340,514, Adjusted Net: $402,488. For details go to: http://www.bizben.com/listings/76157.php
2. Los Angeles, California based
travel & cruises business for sale - Well-known franchised travel agency for cruises and travel for sale in prominent area of los angeles. This is a very affluent community where the travel agency is located and on a major boulevard. They have a specialized POS system for travel. This is a great travel agency that continues to grow in area. Deal Structure: Price: $249,000, Adjusted Net: $87,000. For details go to: http://www.usabizmart.com/businesses/110750.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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