Today’s Business s Tip: How Long Is The – The time to repay a business loan (or term) varies between 10 to 25 years. This will vary depending on if it is a SBA loan or a conventional loan. It also dependents on if there is real estate included in the business purchase.
Today’s Featured SBA Pre-Qualified Businesses For Sale:
1. Houston, Harris County, Texas based civil engineering company for sale – Company has been providing professional civil engineering/surveying services for 26 years, including topographical and land title surveys and civil engineering design. Clients are both private and public. Private projects include property development, subdivisions, apartment complexes, office/warehouse complexes. Public projects include roads, drainage, sewage 
facilities, utilities and traffic control. Company has excellent reputation for quality and performance. Company owns large library of land title surveys which lead to repeat business. Long term, established clientele. Experienced staff includes two licensed professional engineers. Owner holds P.E. & R.P.L.S. licenses. Note that 2007 discretionary eanings include payment for a large project where work was perfomed in previous years. SBA financing. Please refer to cbb listing #6786fs. Deal Structure: Price: $600,000, Adjusted Net: $921,428.
2. Vero Beach, Indian River County, Florida based casino style arcade business for sale – Lucrative money making arcade in Vero Beach. Established in 2003, this business has a proven track record and reputation. The business occupies 2,640 sf and the base rent is only $12 psf. The business consists of 65 machines (owned) and includes all FF&E. Immaculate records. Owner is willing to train. Owner relocating. Owner financing is available. Deal Structure: Price: $500,000, Adjusted Net: $100,000.
* 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.
DEC
About the Author
Peter Siegel, MBA, Founder and President of BizBuyFinancing, has been assisting business buyers, owner/sellers and intermediaries to obtain business purchase financing since 1990. For more information about business purchase financing, please phone Peter Siegel, MBA at 800-540-1811.