Todays SBA Commercial Loan Tip: Using Retirement Funds as
business financing to purchase a business - Sometimes people mistakenly think that money in IRAs and 401(k) plans is untouchable until retirement. You can invest retirement funds in a business without distributions, penalties and taxes.
Todays Listings - SBA Commercial Loan Qualified:1. Denver, Denver County, Colorado based
restaurant business for sale - Restaurant in historic mountain town, close to Denver: This is an upscale restaurant in a great little town catering to locals and tourists. Summer is huge in town and close proximity to I – 70 makes a perfect ski traffic stop. Upscale without being pretentious, quality food and a great atmosphere have been established. There is a patio out back and they do have a liquor license. Current owner nets over $138,000. Business in located in Colorado mountains, 35 minutes from Denver. Deal Structure: Price: $200,000, Adjusted Net: $138,809. For details go to: http://www.usabizmart.com/businesses/119630.php
2. West Palm Beach, Palm Beach County, Florida based
landscape service company for sale - This 28-year old commercial landscaping business with reputation for integrity and impeccable service. Firm specializes in golf course, hotel and high-end residential landscape installation and tree moving services in south Florida and the Bahamas. Modern fleet of equipment. Experienced management staff in place. Typically >$3m of in-process work. Includes 5-acres of land w/bldg and 20-acre working nursery. Seller will finance property. Revenue ahead of 2006 thru June 2007. Sale price includes the real estate valued at $2.6M. Deal Structure: Price: $6,500,000, Adjusted Net: $741,055. For details go to: http://www.usabizmart.com/businesses/119620.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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