Todays Financing Tip: Underwriters & Processors At SBA Lenders Are Very Important In The Financing Process - Underwriters & processors are two of the most important functions in getting a SBA financed deal done quickly and professionally. Most buyers go to any lender with SBA financing and the salespeople offer "the moon". However it is the people behind the "velvet curtain" that do the work to get the deal done or not. Most buyers, business brokers, and small business owners don't realize how different most lenders are in their underwriting and processing departments. Some lenders I won't utilize as a consultant because their "back-rooms" are slow and unprofessional. Because of our loan volume BizBuyFinancing gets the best teams at all lenders.
Todays Featured SBA Pre-Qualified Business Opportunities For Sale:
1. Deschutes County, Oregon based
restaurant and bar opportunity for sale - This is a pair of very popular restaurants located in central Oregon. Both restaurants are very busy for both lunch and dinner. These family oriented restaurants are known for great food including steak, ribs, chicken and pizza.
Both locations have full bar area offering weekly live entertainment, Oregon video lottery, big screen TV and additional TV’s for sports viewing. Location 1 also offers outdoor patio seating.
Location 1 offers seating capacity for approximately 180 patrons and has revenues of $2,277,934 in 2006 with continued growth.
Location 2 offers seating capacity for approximately 180 patrons. Revenue at this location was $1,673,781 in 2006.
Business at both locations is a combination of locals and tourists.
This business offering includes the free and clear transfer of the following:
• Trade Name
• Furniture, Fixtures And Equipment
• Facility Lease
• Goodwill & Future Potential
• Contracts In Place
• Signs & Promotional Materials
• Covenant Not To Compete
• Customer Relationships
• Phone And Fax Numbers
• Training
• Business Methodology & Process
• Educated And Experienced Staff
• Vendor Relationships With Discounted Pricing
• Supplies And Consumables
• Inventory Valued At Seller Cost
• Recipes
Deal Structure: Price: $750,000, Adjusted Net: $241,060. For details go to: http://www.usabizmart.com/businesses/121416.php
2. Houston, Houston County, Texas based
products distributor business for sale - Financial Information:
Asking: $1,500,000
Gross: $12,407,996
Cash Flow: $482,817
Furniture, Fixtures & Equipment: $25,000
Inventory: $2,000,000 (Not Included In Price)
Financing: 100% Cash At Closing
Summary Description:
This rapidly-growing distributor offers local authorized dealers over 150 motorcycle-related products with the best quality to price ratios in the market place. The products include electric and gas powered products and general merchandisers for motorcycle, ATV, scooters, and utility product, and all products are imported from overseas where they have staffs in place to assure quality control and parts procurement. Since established in 2003, sales have grown at double-digit rate every year as well as profitability. The company recently expanded into a larger industrial building to accommodate growing demand for their products, and the space that they have moved into has showrooms in which their different products are displayed and a huge warehouse in the back for storing their inventory. Beside this location, the company has three other independently-operated locations in 3 different states, and owner will consider selling all locations as a package.
General Information:
Facilities: Occupied in a 46,145 sq ft of industrial building that has office spaces and showrooms in the front and warehouse in the back where all inventory is stored.
Competition: The companys high quality product at competitive price which has been achieved through their strong international trade relationship has made them the main player among many other competitors in same industry.
Growth And Expansion: Motorcycle and scooter sales keep growing, having just posted the 13th consecutive year of rising U.S. numbers. According to motorcycle industry council statistics, sales of all type of two-wheelers jumped to 1,116,000 in 2005. that s a 5 percent increase over 2004 figures.
Support/Training: Seller will provide training for a smooth transition.
Reason Selling: Relocation
Year Established: 2003
Employees: 10.
Deal Structure: Price: $3,500,000, Adjusted Net: $482,817. For details go to: http://www.usabizmart.com/businesses/121467.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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