Today's Business Loan Financing Tip: Make Sure The Business Broker Or Seller Can Provide Decent Tax Returns Early In The Process - It comes up all the time. Business brokers, agents, and sellers/owners have no idea what is on the tax returns. By the time the seller has received the tax returns for financing considerations - a lot of time is wasted due to the tax returns don't show adequate cash flow for debt service. It's amazing how many business brokers and agents don't collect, don't investigate the numbers on tax returns before putting it on the market to sell! Buyers - before you make an offer on a business purchase, make sure the tax returns are ready - and try and get a copy of them before you make an offer.
Today's Featured SBA Pre-Qualified Businesses For Sale:
1. Texas based
restaurants with real estate opportunity for sale - Two concepts, four locations in three cities, the first concept- 0riginating 1990 - a casual, festive and lively Tex-Mex atmosphere providing exceptional, made from scratch Tex-Mex food offering generous portions at a good value with friendly efficient service.
Concept two is best described as 'texican hacienda dining' providing upscale Mexican food featuring steaks and seafood in a unique hacienda buildout in a free-standing building. This concept also provides a 1,200 sf patio with outdoor fireplace.
Both concepts provide economic options for customers with the same high quality food. Both concepts participate in guestmetrics, an American Express partner, providing the ability to capture information from the POS detailing insight to customer's habits to customize orders and pay online, curbside takeout or drive thru and book catering & banquet /meeting rooms for special events.
These concepts provide a unique investment opportunity. The acquisition is unique because not only the cash flow of the restaurants, but the land, building and assets of the business, and particularly the intellectual property are available. This investment provides established business practices that include comprehensive, structured processes for food costing, accounting, operations management, employee manual, menus, recipes and labor controls via hot schedules - a web based solution.
One location includes a lease of warehouse/office space 8,900 sf for $1,800/mo. Locations are in highly visible locations with access to main thoroughfares - three with destination shopping centers. Locations provide well-lit ample parking with clean and appetizing appearance of the establishments. Average sales per person is $13.50 with $9/pp lunch and $15/pp for dinner. Management team willing to stay on with new owner.
Note: Two store openings in 2005 lead to higher sales. In 2007, comp sales at each location are increasing. Deal Structure: Price: $9,600,000, Adjusted Net: $1,322,000. For details go to: http://www.usabizmart.com/businesses/114382.php
2. Bellingham, Whatcom County, Washington based
business to business manufacturer company for sale - This business has taken advantage of the constant need for its products by clients large and small. You can build on what this owner has accomplished with sales skills, creativity and a sense of fun. the owners and the franchisor will teach you everything you need to know about selling designing and producing the product. You will soon see the results of your work everywhere you go.
The owner works 40 to 50 hours during the week – few weekends. This is a great business, providing everything a small business can: financial rewards, flexibility, satisfaction and fun.
If you don’t already live in Bellingham, you should consider taking a look at moving to the #1 rated place to live in the United States. A university town with close access to mountains and ocean, world-class snow sports, hiking, sailing and much more Bellingham is truly one of a kind. When you want to go urban, Bellingham is located an hour and a half from Seattle and one hour from Vancouver, BC, two cities famous for tourism and things to do. Deal Structure: Price: $524,900, Adjusted Net: $160,000. For details go to: http://www.usabizmart.com/businesses/118432.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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