Todays SBA Tip: Buying Out A Partner Or An Owner Helps Facilitate Cash Flow Based Financing - This type of purchase works well when a partner wants to buy out another partner, or a manager (or managers) wants to buy the business from the owner. Financing can be secured with SBA loan financing provided the other "32 SBA loan factors" match up fairly well. Over 20% of our consulting clients at BizBuyFinancing are employees or partners who want to buy a business with conventional or SBA loan financing.
Todays Featured SBA Loans Pre-Qualified Business For Sale:
1. Dayton, Montgomery County, Ohio based cafe and
catering service business for sale - Two well established, popular and profitable restaurants and catering service. Serving breakfast and lunch - home cooked food, fresh sandwiches, soups and salads to business clientele. Catering business focused on corporate breakfast and lunches. No evenings and weekends. Deal Structure: Price: $430,000, Adjusted Net: $155,760. For details go to: http://www.usabizmart.com/businesses/121196.php
2. Suffolk County, New York based
car wash company for sale - Established for over 40 years car wash with detailing center and 1,000 sqf convenience store. 90 foot tunnel, washing 60,000- 65,000 cars per year with an average cost of aprox.$14- $16. Business also does detailing to 250-300 cars per month at average price of $110. C-store grossing about $7k per month. Equipment is about 10 years old. Additionally business provides detailing services to local dealership and have two transport plates. Business open 7 days, M-Sun 8am-6pm.
General Information
Facilities: Car wash located on busy street on the border between Suffolk & Nassau County North Shore. Business occupies 10,000 square feet at low rent $5,400 includes tax. 12 years lease. Theres possibility to secure a longer lease. Parking for 25 cars. Deal Structure: Price: $1,950,000, Adjusted Net: $500,000. For details go to: http://www.usabizmart.com/businesses/121136.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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