Todays Commercial Loans Tip: Prove That The Business Is Profitable To Get The Loan - When you buy an existing business, you need to prove that the business is profitable. Provide the bank with research on revenues and expenses of comparable businesses in your industry. Some industries will require extra research, especially home-based businesses. You will have to prove your profitability if you want the loan.
Todays Opportunities Prequalified For Business Acquisition Loans:
1. Kendall County, Illinois based
office supplies company for sale - This business is an industry leader in the incredibly profitable office equipment market. With a variety of innovative services as well as a wide catalog of office supplies and furniture that can be delivered overnight nationwide, the company is a household name in both the public and private sector. The business has a unique offering that is not offered in the marketplace which has enabled them to secure contracts with government agencies and corporate affiliates throughout the country. This business is positioned to dominate the domestic market and ready to assert itself as a major global player in the office equipment industry. Deal Structure: Price: Call/Email, Adjusted Net: $442,000. For details go to: http://www.usabizmart.com/businesses/121883.php
2. Des Moines, Polk County, Iowa based
restaurant business for sale - Restaurant: one 6,200 square foot steak house franchise restaurant and a separate 5,100 foot sports bar and grill facility on the same prime real estate location. the lot is.79 acres and is located near a major intersection. The lot is near a huge Wal-Mart warehouse with 1,000 employees and across the street from a new Wal-Mart super store and other businesses as well as being near 4 motels. The family style steakhouse is popular among the local clientele and has very little competition in the area. It operates absentee with one manage, one assistant manager, 4 supervisors, and 47 employees. The franchise agreement expires march 2008 and can either be renewed or a new owner could opt not to renew the franchise, change the name to a private entity steak house and save the $35,000 currently being paid in royalties to the franchisor. The sports bar is popular with locals and has little competition. It operates absentee with one manager, 3 supervisors, and 18 employees. Busy traffic count on a business by pass. Mid-western city with 8,700 residents along with a good rural population count. Great location less then one hour from a major university city.
Real Estate: $1,200,000 Included
FF&E: $539,682 Included
Inventory: $25,000 Included
Year Established: 1989
Number Of Employees: 67ft
Reason For Selling: Other Interests
Deal Structure: Price: $1,500,000, Adjusted Net: $212,589. For details go to: http://www.usabizmart.com/businesses/121899.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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