Today's Business Acquisition Loans Tip:Make Sure The Business Broker Or Seller Can Provide Decent Tax Returns Early In The Process
It comes up all the time. Business brokers, agents, and sellers/owners have no idea what is on the tax returns. By the time the seller has received the tax returns for
SBA loan financing considerations - a lot of time is wasted due to the tax returns don't show adequate cash flow for debt service. It's amazing how many business brokers and agents don't collect, don't investigate the numbers on tax returns before putting it on the market to sell! Buyers - before you make an offer on a business purchase, make sure the tax returns are ready - and try and get a copy of them before you make an offer.
Today's Opportunities Prequalified For Business Acquisition Loans:
1. Missouri based
convenience store opportunity for sale. Convenience store with fuel. This convenience store has been under one ownership for the past twenty years. It continues to do brisk business on an exceptionally heavily traveled street, with abundant walk-up business from the adjoining neighborhood. A 12' x 12” four-door walk-in beer cooler is accompanied by a 30' x 10' ten-door pop cooler. Hot and cold fountain drinks and ice, along with ready-to-eat fast-food make this a popular place for thirsty and hungry customers. Lottery sales also contribute to the heavy patronage. Two booths can accommodate sit-down traffic, with plenty of parking. Four pump islands can accommodate up to eight cars. The store also features a 13' x 76' office, bath, and storage area which was added in 1999. Deal structure: price: 1,300,000, adjusted net: 106,360. For details go to: http://www.usabizmart.com/businesses/111880.php
2. Modesto area, Stanislaus County, California based
oil lube franchise for sale. Clean and profitable franchise oil lube located in a fast growing area.. Currently ran as an absentee ownership. Owner operator would increase more cash flow and sales. Lease has over 14 years left. Training is provide and no auto experience needed. Great business to manage part time and spend more time on vacations. Deal structure: price: 440,000. For details go to: http://www.bizben.com/listings/86989.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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