Total Debt Service Payments Should Be Computed Before You Buy A Business

Today's SBA Loan Tip For Business Purchase Loans, SBA Financing:

Debt Service Payments Should Be Computed Before You Buy A Business

Debt service payments should be computed on SBA loan financing or a commercial loan before you take the final steps in a purchase agreement. It always amazes me how many business buyers (even with the assistance of business brokers) don't compute the SBA loan payment due monthly on the debt service they will have. Many times the debt service is larger than the adjusted net income presented by the business broker, agent, or seller! That is why a Pre-Qualification before the search process begins is a wise idea for business buyers.

Today's Featured SBA Pre-Qualified Businesses For Sale:

1.  Southern California, based Aerospace Service Opportunity For Sale - Has Provided The Highest Quality Management Systems In This Industry.. For Over 60 Years This Company Has Provided The Highest Quality Management Systems In This Industry. The Company Is Extremely Profitable And Has Much Upside. The Owner Wishes To Retire, But Will Stay On For Up To 12 Months To Provide For A Seamless Transition. Long Loyal Tenured Employee’s In Place. The Company Provides Its Service To The Aerospace Industry As Well As A Large Commercial Customer Base. It Provides The Following; Tubing And Sheet Metal Fabrication 1/16 To 6’’ Diameters. Up To 2” Square Complete, Assemblies Bending, Expanding, Flaring, Roll Forming, Punching, Stamping, Swaging, Coiling, Extrusions And Rod Forming, Pressure Testing, Plus Over The Counter Sheet Metal And Tubing Fitting. Presently Sales Are Repeat With Business Coming In From Yellow Pages Advertising. Adding A Sales Department Will Help Increase Business To The Next Level. Included Is Over 1,000,000 In Tooling Plus Over 500,000 In Inventory. Deal Structure: Price: 2,750,000, Adjusted Net: 525,000. For details go to:  http://www.bizben.com/listings/87564.php

2.  Raleigh/Durham, North Carolina based Food Wholesaler Business For Sale - Food Wholesaler Raleigh/Durham Area W/Real Estate. This Company Has Evolved Into An Integrated Wholesale And Distribution Company That Operates Eight Trucks In Three States. The Company Has Between 1100-1300 Customers That Consist Of: Convenience Stores Grocery Stores Grills & Restaurants. The Company Offers Their Customers A Wide Variety Of Quality Products & Has Trademarked A Name For Their Internal Products. The Company Provides Clients With The Following Items: Meats - Pork, Beef, Chicken, Sausage & Turkey Salads - Cole Slaw & Potato Salad Frozen Items Pizza, Burritos, Etc. Deal Structure: Price: 1,250,000, Adjusted Net: 250,000. For details go to:  http://www.usabizmart.com/businesses/110988.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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