Todays Franchise Financing Tip: Get A Franchise Loan Through The SBA - A franchisor may help you obtain a loan from a bank, but you may still be eligible for an SBA (Small Business Administration) guaranty on that loan. Contact your bank and local SBA office. If it isn't already done, register the franchise with the SBA's registry of franchises. This can help speed up the process. Todays Featured Businesses Pre-Qualified By Business Lenders For SBA Loan:
1, Orange County, California based
sweeping service business for sale - Serving a regional market for more than 50 years. Repeat customers. established and profitable service company, serving a regional market for more than 50 years. Repeat customers - owner retiring. Description: The company is a sweeping service to, paving contractors, builders, construction companies, municipalities, public facilities, and airport and freeway projects. With excellently maintained equipment, superior dispatch, maintenance and loyal driver personnel the company consistently provides its owners stable revenue and profits. Equipment and inventory is valued at $450,000. Combination sba and seller financing is available; an absentee owner may run this company. Favorable market trends - the company sees continued stable income due to robust commercial construction spending in Southern California. This opportunity will be attractive to the corporate investor with existing holdings in complementary construction trades or an entrepreneurial owner / operator that is seeking an established company, with a strong regional presence, experienced employees and providing excellent returns. Reason for sale - the current owner has reached retirement age. He will provide transition, training and consultation for new ownership. Real estate - the business currently operates in an 8,000 square foot facility and the seller is requesting new ownership to relocate the business. Terms of sale - the company will evaluate offers of various financial structures each evaluated on its merits in relation to other proposals. The seller will consider carrying a portion of the purchase price for pre-qualified financially capable purchasers and offers should include a considerable cash component. To protect the seller’s business interests, all buyers must submit verification of financial capacity and complete a confidentiality agreement prior to receiving information about the company. Deal Structure: Price: $1M, Adjusted Net: $400K. For details go to: http://www.bizben.com/listings/105411.php
2. Passaic County, New Jersey based
convenience store company for sale - Location, location, dynamite location! Own your business in your own building. Store does large cigarette, bill paying and many other incomes. Rental income $16,800 with potential to receive $48,000 more rental income. Great opportunity for a buyer to take over extremely profitable business from seller who is under pricing for quick sale. Income from cigarettes over $520,000. Lottery income $31,200. cigarette promotion $4,000. Located in the stony road section of Paterson. Possibility of buyer getting cigarette jobbers license. No competition. Sells over 600 cartons weekly. Deal Structure: Price: $939,000, Adjusted Net: $153,135. For details go to: http://www.usabizmart.com/businesses/119022.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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