Todays Financing SBA Loan Tip: Get Collateral For The Loan - Banks want to see evidence that they can get their money (or at least parts of it) back, even if you cannot pay. This may be your personal or business assets. Collaterol can be your house, receivables, investments, and other things that have value and could be sold to cover all or part of the loan. If you don't have collateral you'll need a co-signer. A co-signer will use their collateral in case you default on paying the loan back.
Todays Featured Opportunities For Sale Pre-Qualified For Business Acquisition Financing:
1. Nassau County, Nassau County, New York based
pharmacy opportunity for sale - Established since 1980 pharmacy and surgical supplies store offer prescription and non-prescription drugs, surgical supplies and other convenient items. Store fills between 50 to 70 prescriptions per day. Business open 5 1/2 days from M-F 9.30 am - 6.30pm & sat 9.30am-2pm. Buyer must have NY state pharmacy license.
General Information
Facilities: Pharmacy located in large medical building next to the hospital in Nassau County. Occupies 1000 sq. ft. rent $5,000 includes tax. 9 years lease + 5 year renewal options. Ample parking. Deal Structure: Price: $495,000, Adjusted Net: $240,000. For details go to: http://www.usabizmart.com/businesses/119889.php
2. San Diego, California based
chinese restaurant business for sale - This full service, authentic Chinese cuisine restaurant has been in this location for 32 years. With high, stable revenues, this very well known establishment has a very large following of local repeat guests making this restaurant a great buy. Same owner for past 32 years is looking to retire and pass on this great establishment which owns a full liquor license to be transferred to new owner. Very centrally located this restaurant is located in a high traffic shopping center and attracts large take-out orders and a very busy weekend lunch and dinner crowd. Deal Structure: Price: $350,000, Adjusted Net: $172,237. For details go to: http://www.bizben.com/listings/100444.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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