Todays Business Loan Financing Tip: Tapping Into Existing Retirment Funds For SBA Loan Financing To Buy A Business -
Retirement Funds/Plans - Many buyers have built up sizeable amounts in their work 401K and retirement plans. There is a way to tap this money tax free - put it into a "special trust" that then buys the business for you. Many corporate refuges/individuals coming out of corporate America are going this route now when buying a small to mid-sized business. Approximately 30% of our clients now utilize this strategy for down payments and working capital with SBA financing when they buy a business.
Todays Featured SBA Pre-Qualified Business Listings For Purchase:
1. Kern County, California based
steak house business for sale - Top of the line steakhouse, 372 seat capacity serving only dinner as well as banquets and catering special events. Award winning menu with a full bar and top of the line wine list serving the public seven days a week. High quality foods, high traffic location and stand-out reputation. The business may be sold in conjunction with the sale of the real estate. Deal Structure: Price: $2,500,000, Adjusted Net: $533,354. For details go to: http://www.bizben.com/listings/66665.php
2. Denver, Colorado based
signage/graphics service opportunity for sale - Opened in 1997 and located on the North side of Denver, this full service signage & graphics design company's product and services offer a wide range of custom design and manufacturing of signs for commercial and residential clients and can be produced in as little as 24 hours. Known and respected for its exactness, quick turnaround and innovative design, this company has been successful by exceeding it s clients expectations.
The business operates as a franchisee of a nationally known franchise operation and does business within a protected territory. The company's focus is on customer service, thereby differentiating itself from other commodity based low cost providers. This approach has allowed the business to develop long term relationships that set it apart from its competition.
The seller will provide necessary training and support during the transition in addition to the support provided by the corporate franchiser. The books are very clean, the earnings consistent, and therefore the opportunity should qualify for SBA bank financing with approximately 20% down from a qualified buyer. All details on this listing will be provided with a signed NDA and buyer qualification profile. Deal Structure: Price: $265,000, Adjusted Net: $100,000. For details go to: http://www.usabizmart.com/businesses/118707.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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