Since lenders tend to be a bit more conservative - business valuations on small businesses tend to be less than what a business broker or small business owner may compute the value at any point in time. Since lenders usually take lower multiple of earnings and less add-backs in determining the adjusted net income this equates to lower business valuations in business for sale deals. That is why it is important to go to the right
SBA loan lender on any deal to get the best valuation and financing on a deal.
Today's Featured SBA Loan Pre-Qualified Business Opportunities:
1. Antelope Valley, Los Angeles County, California
car wash with convenience store for sale. Opportunity To Own This Beautiful 8 Year Old Car Wash With Convenience Store.. Opportunity To Own This Beautiful 8 Year Old Car Wash With Convenience Store. Business Is Located On A Very Busy Boulevard Near Numerous New Housing Projects, And Franchises. Owner Is Retiring And Says Submit Your Offer! The Lease Has 23 Years Left With A 10 Year Option On Large Lot. Sale Price Includes FF&E Of 525K And Inventory Of 26K. Deal Structure: Price: 1,900,000, Adjusted Net: 200,000. For details go to: http://www.bizben.com/listings/81481.php
2. Florida, Palm Beach County, Florida based
pool service opportunity for sale. Long established pool company. Owner retiring. . Commercial and residential pool company with a store and 6 routes that has grown steadily through the years. The company also exports overseas. The business has been under the same ownership since it was established in 1982. Pools are serviced twice weekly and the business caters to customers who want quality work; the company does not do "cheap" work that is of low quality and service. There are approximately 16 employees. This is a stable, secure business with great growth potential because the owners have been statisfied with increasing sales each year and have not aggressively marketed the business so that the growth rate would be faster. No brokers or intermediaries please. Deal structure: price: 580,000, adjusted net: 318,632, down payment: call/email. For details go to: http://www.usabizmart.com/businesses/110781.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.
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