Financing SBA Tip: Determine The Terms Of A Sale

Today's Financing SBA Tip: Determine The Terms Of A Sale - The "terms" of a sale is the amount of the down payment and the amount financed. Most  businesses sell with one-third or less down and the owner finances the balance. The more you ask for as a downpayment, the lower the asking price will be.

Today's Featured Business For Sale Opportunities That Are SBA Pre-Qualified:

1.  San Bernardino, San Bernardino County, California based gas station with real estate opportunity for sale - Land over 50,000 sq. ft. and bldg. approx. 5,000 sq. ft. 5 years new! Gas 230,000@18c. C-store 100,000@45%. Car wash 15,000/mo. (projected since its new). Other income 12,000/mo.(rental, ATM, oil co. rebate, products rebate, etc). M. net 75,000. Deal Structure: Price: $7.9M, Adjusted Net: $960K. For details go to: http://www.bizben.com/listings/91229.php

2.  Houston, Harris County, Texas based mortgage brokerage business for sale - Mortgage brokerage firm located in North Houston. Approximately 80% of revenue are from origination of residental loans and 20% from origination of commercial loans. The business has a well-equipped office in a very nice proffesional building. Company has access to 30 lenders, average closing 12 - 13 loans per month with an average size of approximately $300,000.  Excellent reputation, well-known in area. Owner is semi-absentee. Manager is in place. Great opportunity to have your own  firm or add on to your existing mortgage brokerage. Please refer to CBB listing #6705hp. Deal Structure: Price: $400,000, Adjusted Net: $156,750. For details go to:  http://www.usabizmart.com/businesses/118333.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: financing, small business

•Technorati  •del.icio.us  •Digg It  •Furl  •ma.gnolia  •Spurl  •Yahoo MyWeb