Financing SBA Tip: Buying A Business With Real Estate

Todays Financing SBA Tip: Buying A Business With Real Estate Helps With Cash Flow Based Financing Deals - Buying the real estate with the business also helps in that purchasing the real estate helps reduce the risk of only buying the business by itself. If you have the chance to purchase the real estate with the business and you have the down payment (10%-15%) for it - it is always better, i.e. the terms, interest rate, and length of the loan will always be better if their is real estate involved with the business purchase. We always advise our BizBuyFinancing clients to purchase the real estate if it is available, and we have never had an unhappy client return upset for doing so!

Todays Opportunities Pre-Qualified For A Loan To Buy A Business:

1. Compton, Los Angeles County, California based auto body shop with real estate business for sale - Body shop with real estate included. 6,500 sq ft building on a 21,780 lot. Broker has comparables on real estate that come close to the full asking price. Business has a extra large heated spraybooth. All equipment is included. Does both automobiles and commercial vehicles such as fire engines and city buses. Possible use would be a tow truck storage yard. Deal Structure: Price: $1,200,000, Adjusted Net: Call/Email. For details go to: http://www.bizben.com/listings/86072.php

2. Las Vegas, Clark County, Nevada based commercial linen company for sale - This is a great opportunity to own a rapidly expanding business that services many of the major hotel/casinos here in Las Vegas. The seller has grown the business from the ground up by providing fast, thorough linen service, and seller will introduce buyer to his clients and contacts. All business is done via written contracts with automatic renewals. The physical plant has been expanded several times in order to keep up with the rapid growth of the business, and is currently negotiating to add another 3,000 square feet to accommodate new machinery needed in order to meet the demand. First quarter goss sales for 2007 are up 12% over the same period last year, and seller has just signed two new contracts that will kick in during the 3rd quarter of the year with an estimated value of $10 million over the 5 year life of the contracts.

***Potential Buyers Will Need To Be Pre-Qualified***

Leased location of 8000 sq-ft with a total rent of $6271.00 seller is active in the business 40 ft / 2 pt. leasehold improvements $81000.00. Deal Structure: Price: $3,300,000, Adjusted Net: $645,000. For details go to:  http://www.usabizmart.com/businesses/117987.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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