Todays SBA Funding Tip: Do Not Be Fooled By Many SBA Lenders Pre-Approval Process - Many business buyers responding to business brokers and agents listings see that the listing is "SBA Pre-Approved". Most of the time this means that the business broker has given a sales person or "Business Development Officer" at a bank the adjusted net income (from the brokers or agents calculations!) and some other basic facts. There are over 32 different SBA loan factors that go into deciding whether a deal is SBA financable. It is always best to work with a consulting firm like BizBuyFinancing to get the best financing for any deals you may be working on.
Todays Listings Pre-Qualified For Business Loan:
1. Hudson, Summit County, Ohio based
exercise service business for sale - Nationally well-known and profitable exercise company. This company offers group strength training exercise classes at companies, recreation centers, dance studios, and community centers throughout Northeast Ohio. Since 1984 this business has built a tremendous reputation. This is an easy to learn and easy to operate turnkey business that is easily re-locatable to anywhere in the U.S. There is a huge opportunity to take this company to the next level by setting up classes in new cities throughout the country. Sale includes 9 federally registered, incontestable trademarks, several copyrights and other intellectual property rights, brand name products, portable phone numbers, beautifully designed company web sites, and administrative programming. Seller will train new owner and provide 6 full months of email consultation included in the purchase price. Great opportunity to own your own business and work from home! Verifiable earnings of 169,683. Deal Structure: Price: $549,000, Adjusted Net: $169,683. For details go to: http://www.usabizmart.com/businesses/118736.php
2. Essex County, New Jersey based
health care facility opportunity for sale - Well established boarding home 4 buildings, 3 story brick, located in an intercity area. Long term tenants. Administer patients taken medication. Near walking distance to many churches, and shops. 5 surveillance cameras. Can view by internet. 4 brick buildings interconnected w/ fence back yard. State paid over $300k to connect buildings 50 beds, 7 bathrooms, 1 private, 4 d/r, 2 l/r, kitchen, storage/pantry, office, smoke room. Medicare provides for nurse, doctor. Pharmaceutical reps provide sample medications. Churches provide food, clothing. Breakdown of sales average $600 p/m rental. $330 p/m per tenant energy reimbursement. Deal Structure: Price: $1,600,000, Adjusted Net: $211,303. For details go to: http://www.usabizmart.com/businesses/118718.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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