Todays SBA Tip: Computing Adjusted Net Income For SBA Loan Financing Is Different Than Your Basic Cash Flow - Computing adjusted net income for SBA loan financing purposes is very different that what a business broker or owner would utilize to sell a small to mid-sized business. Most business brokers and owners are very aggressive on "add-backs" to compute adjusted net income to justify a higher price on the business being sold. However, SBA lenders typically utilize the basic add-backs since they are more conservative that business brokers and small business owners. In doing so the price of the business is also adjusted in th eyes of many SBA lenders.
Todays Featured Business Purchase Loan Pre-Qualified Business Listings For Sale
1. Mesquite, Clark County, Nevada based
landscaping service company for sale - This landscaping business located in rural community. Complete C5-C-10 license required owner willing to act in consulting/ limited partner capacity for a limited time. Seller is open to all offers.
This is a home based business, the seller is active, with 10 full time employees. Deal Structure: Price: $245,000, Adjusted Net: $200,000. For details go to: http://www.usabizmart.com/businesses/119107.php
2. Northern California based
reinforced steel products mfg opportunity for sale - Manufacturer, wholesale and installation of reinforcing steel metal products. Own an icon in this industry. With over 30 years in business, and incredibly clean books and records, they have it dialed in. This business doesnt advertise, all business is through referrals and repeat business. They provide the steel wholesale, and also do installations. The seller has the procedures and systems in place to operate this business. The seller oversees the business and handles the bids for the projects; he has foremen in place both in the shop and on each of the 6-9 crews in the field. Deal Structure: Price: $1,340,514, Adjusted Net: $402,488. For details go to: http://www.bizben.com/listings/76157.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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