Todays Franchise Loan Tip: Women And Minorities And SBA Loans - Women and minorities are talked about a lot when it comes to SBA loans. Some people infer that means they get special treatment. Or they assume special funds are set aside for these groups. In reality the SBA focuses on letting women and minorities know about the availability of SBA loans. That's becaues the special requirements offered through the SBA can mean the difference between buying or not buying that small business for women and minorities.
Todays Opportunities Pre-Qualified For A Loan To Buy A Business:
1. Inland empier area based
commercial sign manufacturing opportunity for sale - This very profitable full-service commercial sign company with an excellent reputation and outstanding clientele does it all revenues are up by 13% in 2007 over 2006 and net is up by 44% - due primarily to higher gross margins. They provide design, manufacturing, and installation of virtually every type of signage including: electric, neon, led, monument, 3d building identification, yard signs, and vehicle graphics and own all the vehicles and high-tech equipment needed to do the work. The company also does a brisk silk-screen and banner business. Approximately 75% of revenues are from repeat and referral business. The company does some sub-contract work for other, less capable, sign companies.
Margins and net percentages are up and the books and records are clean with minimal add-backs. This is an ideal business for an experienced manager with good customer service and sales/marketing skills. The operations partner is willing to continue with the business. The business has been pre-qualified for sba financing.
General Information:
Year Established: 1993
Employees: 6 full time with monthly payroll of 16,750.
Facility: 4,800 square feet at a total lease cost of 3,015/month.
Price Includes: Furniture, equipment and tenant improvements at a cost of 332,100. inventory of approximately 8,000 not included.
Support/Training: Seller will provide training.
Reason For Selling: Retirement
Deal Structure: Price: $795,000, Adjusted Net: $323,500. For details go to: http://www.bizben.com/listings/108381.php
2. Houston, Harris County, Texas based
commercial printing business for sale - Commercial printing company. Provides printing services for local city government under a 5 year contract with 2 years remaining and expected to be renewed for an additional 5 years. Provides commercial printing for hotels, both locally and nationally. Also provides thermographic and digital printing. Currently doing mainly set-up work and then subcontracting the actual printing tasks. Low overhead with maximum profits. Seller owns real estate with 12,250 sf building. Company uses approximately 6,250sf and remaining 6,000 sf is rented to two tenants on month-to-month lease. Seller financing available for qualified buyer. Pls. refer to cbb listing #6790kb. Deal Structure: Price: $1,300,000, Adjusted Net: $545,385. For details go to: http://www.usabizmart.com/businesses/122162.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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