Todays Franchise Loans Tip: Choose Financing With A Lender Who Knows Your Industry - All lending institutions are not equal. Some have biases or likes/dislikes for certain types of businesses. Try to find one who has done business with companies like the one you want to buy. So if you are buying an Internet business for sale, try to work with a lender who is more technically savvy. Choose a lender that has funded an Internet business in the past. This will improve your chances of getting approved. The reason most small business borrowers choose to find a SBA loan is because the amount of collateral required is lower.
Todays Featured Businesses For Sale For Franchise Loans:
1. Los Angeles County, California based
jewelry store with real estate opportunity for sale - Due to severe health problems - the owner must sell immediately. He is willing to entertain all qualified offers - and will work with the buyer to ensure a smooth transition. This opportunity should not be missed. In addition to owning the 6,000 sq.ft. building, this jewelry store has a number of different revenue streams that make it very stable and profitable, as it has been for many years. Having been owned by the same family for 31 years, most of the clientele is repeat, and many of the customers are multi-generational families. Seller is able to keep cost of goods sold to a minimum having learned the tricks of the trade from his father, which he will in turn pass on to a new buyer. This is a perfect opportunity for a small family to own and run, or for someone who knows and understands the industry. Price includes 700,000 in inventory, 150,000 in accounts receivable, 30,000 in FF&E, 1 million in land, and business is based on a multiple of the 250,000 in seller’s discretionary earnings, which means the buyer is only actually paying 300k for the business itself! With this recent price reduction this business will go fast. Deal Structure: Price: $2,350,000, Adjusted Net: $300,000. For details go to: http://www.bizben.com/listings/103150.php
2. Richmond, Richmond County, Virginia based
repair service business for sale - Well established, profitable, & growing sales - service - repair business; focuses primarily on fully manufactured compatible toner cartridges, and printer and fax service and repair. Deal Structure: Price: $1,500,000, Adjusted Net: $150,000. For details go to: http://www.usabizmart.com/businesses/120096.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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