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10/22/07

Franchise Loans Tip: Changes In Sale Affect Loan



business loan
Todays Franchise Loans Tip: Changes In Sale Affect Loan - As you go through the process of selling a business there may be changes in the terms of the sale. These changes can affect the terms and conditions of the financing. It can also slow things down. Weigh the cost of waiting against the cost of making more changes.

Todays Featured SBA Business Loan Pre-Qualified Businesses For Sale:

1. North Carolina based child care center company for sale - This child care facility is licensed for 49 children and is operating at full capacity. In addition, the center participates in the "more at four" program which increases the enrollment. There are currently 18 children enrolled in this program.

The center owns two vans and picks up at 4 elementary schools. The center participates in the federal food program to offset food costs. There are 3 lead teachers, 3 assistants and some part-time subs plus an asst. Director/cook.

The center is rated at four-stars and the rates range from $130-150 per week and $90 for after-school care.

This center is very profitable and the prospects for continuing at full enrollment are excellent. The real estate valued at $240k, is available for lease or purchase. Deal Structure: Price: $385,000, Adjusted Net: $117,376. For details go to: http://www.usabizmart.com/businesses/121096.php

2. Dallas, Dallas County, Texas based Chinese restaurant business for sale - Summary description: Customers can enjoy fabulous meal at this elegant and clean traditional Chinese restaurant, either dine in, take out, or delivery whichever is convenient for the customers. If you get tired of Chinese food, you can always try the tasty Japanese sushi that is offered by two experienced sushi chefs. Business has been proven to be successful all year around with sales constantly growing each year. Excellent cash flow explains it all.

Facilities:
Located off of a busy road where there are lots of business and houses. It has very nice kitchen and all the equipments are owned by sellers. The lights make up the mood for dine in and the comfortable sits will make you feel like you are at home. Furniture, fixtures, and equipments all look beautiful and classy.

Competition:
Not much of competitions out there since there aren't many Chinese/Japanese restaurants near the area.

Growth and expansion: The surrounding area is still in development, still growing; people are coming in from all over the place to live in this beautiful middle upper class area. More people, better business, equal to more cash flow.

SBA loan available with 20% to 30% down. Deal Structure: Price: $285,000, Adjusted Net: $167,579. For details go to: http://www.usabizmart.com/businesses/121077.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.

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Posted at 9:41 pm in SBA Loans

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