Todays SBA Funding Tip: Your SBA Loan May Not Come All At Once - Just because you've been approved for a SBA loan for your business doesn't mean your lender will give you the full amount immediately. You may have to use a purchase orders or invoice before you can get all the funds. They may give you a checck to purchase what you need. Some may even want to see a canceled check before the loan funds are released. Have some reserves in hand in case you have to float the money. Todays Featured SBA Pre-Qualified Businesses For Sale:
1. Virginia based custom
furniture manufacturing business for sale - This old established business serves a niche market by providing specialized custom made quality furniture that has beaten out the competition for the past thirty years. Owner wants to retire but sells reluctantly. Owner is willing to stay on to facilitate a successful transition for the new buyer.
Gross Sales $2,100,000
Furniture, Fixture, Equipment & Leasehold Improvements $200,000
Owners Cash Flow (Sde) $200,000
Asking Price $675,000 (Includes $200K Inventory)
Down Payment $675,000
Building Type Industrial
Current Monthly Rent Plant1 & Showroom $11,800 Includes Cam
Current Monthly Rent Plant2 $3.042
Total Square Footage (Plants And Showroom) 14,000
Business Established 1978
Employees 2 Sales, 2 Office Staff, 11 In Fabrication/ Installation
Business Hours M-F 9am-6pm, Sat 9am-5pmshowroom Is Open On
Sundays 12noon – 5pm
CC:FS/222. Deal Structure: Price: $675,000, Adjusted Net: $200,000. For details go to: http://www.usabizmart.com/businesses/117470.php
2. Las Vegas, Clark County, Nevada based
beauty salon listing for sale - A salon with style! Located inside a secure office park on a lease that has no charges for cam, electric, gas, water or security! Only rent and phone expenses! 29 station = 12 + 4 private hair, 10 + 1 private nail, 2 esthetician. many stylists have been there over 10 years. Newly renovated, well maintained, with a fun environment. Must see, will appreciate!
leased location of 3,671 square feet with a total rent of $7,344. Seller is active in business. $83,500 leasehold improvements. $2,097 inventory and $82,336 equipment and fixtures included. Deal Structure: Price: $230,000, Adjusted Net: $115,077. For details go to: http://www.usabizmart.com/businesses/119338.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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