Todays Business Loan Payment Tip: Determine Down Payment - Buyers want to buy as much business as possible for the money they have available for a down payment. A seller who asks for a large down payment will not get the full fair market value of their business. The higher the down payment the more a buyer will discount the asking price.
Todays Featured Opportunities For Sale Pre-Qualified For Business Acquisition Financing:
1. Allegheny, Allegheny County, Pennsylvania based
hotel opportunity for sale - Beautiful, newly renovated, 5-story, 101 room hotel, on 2.81 acres of land, located on the banks of the Allegheny River (near Pittsburgh) in historic downtown Oil City, PA. The Arlington hotel offers all the amenities of a full service hotel within walking distance of many local landmarks and businesses. The Arlington hotel offers 101 spacious guest rooms, including whirlpool and VIP king suites along with kate’s bar and grille and a large outdoor swimming pool overlooking the scenic Allegheny River. For groups and business travelers, the Arlington provides complete meeting service facilities and an extensive banquet menu to accommodate groups of up to 400 people. High speed wireless internet connections in every room. Deal Structure: Price: $2,100,000, Adjusted Net: $252,708. For details go to: http://www.usabizmart.com/businesses/121567.php
2. Scott County, Minnesota based
bar/event center business for sale - This establishment is a very popular spot located on busy highway in MN. They have a spacious banquet center and have recently added a $20k light system that has increased banquet rentals through the roof! Their business is rock steady. They have added a new stage with sound and lights for the groups that perform in the sports bar.
This establishment was originally built in 1988 as a VFW and was built to last! They use only the best and finest equipment money can buy! This place is as solid as they come. The modern kitchen has everything you need to serve hundreds of meals at one time. Walk in coolers and freezers plus a $60k bar buddy liquor system add to the value of this property. The event center can seat up to 600 people. Great investment opportunity! City parking lot provides ample parking! You must see this place to really appreciate it! Bar bingo, billiards, darts, Texas hold 'em, meat raffles and pulltabs are all very popular and bring in large crowds, adding to revenue. Owner will look at possible terms with a good down payment. You can buy the business with first right of refusal on the real estate or, make an offer on everything. Community is a large suburb and hwy 13 is a main route for traffic in the area. This business continues to be a favorite "watering hole" in the area with great food. The new improvements and upgrades in the event center will result in a significant increase in revenue. Bands pack them in on the weekends! Business is capable of generating $2m plus in revenue per year. Deal Structure: Price: $850,000, Adjusted Net: $150,000. For details go to: http://www.usabizmart.com/businesses/121540.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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