Todays Financing Tip: Over Priced Deals Bring Complications To SBA Loan Financing For Buying A Business - Most owner/sellers tend to overprice their business - it pays to have a 3rd party do a valuation before it goes on the market or perhaps before you buy the business. This Valuation/Report can then be presented to both potential business buyers and to lenders for financing if need be to get the deal approved and financed. SBA loan financing deals must have a realistic value or lenders typically turn them down or only finance the "realistic value potion of the business".
Todays Featured Businesses Pre-Qualified By Business Lenders For SBA Loan:
1. Sacramento based
health club opportunity for sale - Here is an opportunity to become part of the growing health & fitness industry. This health & racquet club has it all! Tennis courts, racquetball courts, certified personal trainers, fit for life programs, over 45 group exercise classes per week (including group cycling, yoga, Tai Chi, body sculpting & toning, Karate, circuit training and water aerobics to name a few) indoor and outdoor swimming pools, childcare facilities, message therapy, dry heat saunas, social events and parties for it’s members, health & fitness seminars, pilates reformers, snack bar, summer day camps, lockers rooms, cardio equipment, as well as the weight and exercise equipment areas. This club is in a community that has a built-in customer base and very little competition. The seller has been running this club absentee and has a general manager on site to oversee the facilities and programs. This is a very exciting opportunity, and won’t last long. Deal Structure: Price: $982,126, Adjusted Net: $284,065. For details go to: http://www.bizben.com/listings/101187.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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