Todays Business Finance Tip: Business financing A Hurdle For Most Buyers - It may be tough to find a buyer who has or can borrow the cash needed to buy a business. That's why most businesses are sold with seller financing. Get the loan agreement in writing and consider getting an attorney to write up the papers. Just because you ran the business profitably, doesn't mean the new owner will also. Protect your loan by getting as much collateral as you can to protect your loan.
Todays Featured Small Businesses For Business Finance Purchasing:
1. Utah based
transportation service company for sale - For over 20 years, this company has been providing transportation services to public and private educational institutions in the intermountain west. The company is currently into its second year of new ten year contracts and has recently replaced the majority of its vehicle fleet. The company enjoys tremendous profit margins, with historical ebitdas near 50% of revenues. The conservative ownership has not actively pursued growth opportunities and yet the company continues to grow at or above 10% annually. The family-owned company’s founder is seeking retirement, while his operationally active son is interested in partnering with a buyer who can leverage the company’s strong past to achieve an even stronger future. Deal Structure: Price: $9,600,000, Adjusted Net: $1,723,028. For details go to: http://www.usabizmart.com/businesses/120696.php
2. Antelope Valley, Los Angeles County, California based
car wash & c-store opportunity for sale - Opportunity to own this beautiful 8 year old car wash with convenience store. Business is located on a very busy boulevard near numerous new housing projects, and franchises. Owner is retiring and says submit your offer! The lease has 23 years left with a 10 year option on large lot. Sale price includes FF&E of 525k and inventory of 26k. Deal Structure: Price: $1,900,000, Adjusted Net: $200,000. For details go to: http://www.bizben.com/listings/81481.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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