Todays Financing Tip: Seller Financing Can Provide Extra Security - Having the seller finance part of the business purchase can be smart for businesses buyers. If the seller is invested in the business after they leave they will care more about its success. It also helps them stay honest because what hurts you as the buyer could hurt them. It's a way for the sale to be more of a partnership with potential benefits for both sides.
Todays Featured SBA Pre-Qualified Business Opportunities For Sale:
1. Orange County, California based
sweeping service business for sale - Established and profitable service company, serving a regional market for more than 50 years. Repeat customers - owner retiring. Description: The company is a sweeping service to, paving contractors, builders, construction companies, municipalities, public facilities, and airport and freeway projects. With excellently maintained equipment, superior dispatch, maintenance and loyal driver personnel the company consistently provides its owners stable revenue and profits. Equipment and inventory is valued at 450,000. Combination SBA and seller financing is available; An absentee owner may run this company. Favorable market trends - the company sees continued stable income due to robust commercial construction spending in southern California. This opportunity will be attractive to the corporate investor with existing holdings in complementary construction trades or an entrepreneurial owner / operator that is seeking an established company, with a strong regional presence, experienced employees and providing excellent returns. Reason for sale - the current owner has reached retirement age. He will provide transition, training and consultation for new ownership. Real estate - the business currently operates in an 8,000 square foot facility that is owned by the seller. After the sale and a reasonable transition period, the seller would like the buyer to relocate the business because the seller has alternative uses for the building. The seller believes the business can be run in a smaller facility (2,000 to 4000 ft) with yard space resulting in significant lease savings. Terms of sale - the company will evaluate offers of various financial structures each evaluated on its merits in relation to other proposals. The seller will consider carrying a portion of the purchase price for pre-qualified financially capable purchasers and offers should include a considerable cash component. Deal Structure: Price: 1M, Adjusted Net: 280K. For details go to: http://www.bizben.com/listings/105411.php
2. New Jersey based
food processing service company for sale - Our client is successfully operating a food processing / manufacturing plant by purchasing the original foods from regional farmers, processing and delivering them via an owned truck fleet to ne regional distributors or major retailers. The company operates in a market niche with a competitive advantage. There is a substantial asset base with very little financial leverage, providing a viable defense against pricing swings in the (commodity) market. Twenty four acres of land, with attractive buildings, highly sophisticated equipment, and a vehicle park consisting of 16 vehicles makes this a very attractive asset investment proposition. Over the last forty years, the seller has positioned the company to weather pricing swings in the market, and projects a twenty percent sales increase for this fiscal year. SD cash flow has been ranging between $390,000 and $550,000 for the past three years. The facility is pre-qualified on a SBA lending base, and with only a $350k down payment, a buyer operator will obtain an attractive 70% return on down payment as owner benefit, after debt service. A third party valuation for the business is in place. Please note that the assumption of $450k in a/p is more than offset by $750k a/r, essentially reducing the asking price by $300k. There is a loyal, rural employee basis with five plus years of average employment that will stay, and the owner’s son, intimately familiar with the business, might consider long-term employment. *** all data based on signed tax returns *** Deal Structure: Price: $2,490,000, Adjusted Net: $400,000. For details go to: http://www.usabizmart.com/businesses/120630.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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