Todays Acquisition Financing Tip: Answer These Questions Before Seeking Financing To Purchase A Business - Before you decide to buy that business, answer these questions about getting a loan:
- How much money do you need? Be as exact but plan in a little extra for unforseen expenses.
- What do you need the money for? Detail how the money will help your business and why it's a good risk.
- What will you do with the money? You usually need it to buy assets, to pay off debts, or to pay operating expenses.
- When and how you will repay the loan? Figure out the term and show the performance of the business to show that you can repay the loan in the specified timeframe.
- What if you don't get the loan? Make a backup plan or and be sure to think what you will do if you don't get the loan.
Todays Featured SBA Pre-Qualified Business Opportunities For Sale:
1. Portland, Multnomah County, Oregon based equipment rental service company for sale - Established 55 years, growing industrial equipment rental company with long term employees of seven years plus. Two owners work part time with a total of 20 hours per week.
No marketing plan in place so growth could easily be achieved through outside sales campaign. Large commercial projects in Oregon City in progress, valued at over 600 million - new owners could easily capitalize on these projects.
Sale price includes the real estate valued at $1.0m. seller & SBA lending candidate available. Deal Structure: Price: $2,500,000, Adjusted Net: $234,106. For details go to: http://www.usabizmart.com/businesses/119456.php
2. Tampa, Hillsborough County, Florida based art gallery business for sale - This 3,000 sq. ft. world renowned art gallery and custom frame shop, located in one of Tampa's most affluent areas, has been bridging art and the community since 1981. Representing some of the world’s top artists, with established long standing relationships with both the artist and their publishers, works from such notables as Alvar, Sunol, Pino, Viktor Shvaiko, Charles Fazzino, Sam Parks and Macolm Farley are presented. Limited collectors prints from Mary Grand Pre’; and harry potter are also represented. Specializing in custom framing is also an integral part of this business and has become an ever increasing profit center. This business not only comes with over $200,000 in inventoried art and framing supplies, it boast an international mail list of over 10,000 qualified clients including corporations, celebrities, and national sports figures. With an impressive cash flow, this is the perfect opportunity for the buyer who is truly an aficionado of the art world. Deal Structure: Price: $375,000, Adjusted Net: $100,626. For details go to: http://www.usabizmart.com/businesses/119440.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.
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