Today’s Franchise Business s Tip: Access More Funding For A Franchise – The SBA guarantees loans for franchises for more than you could usually get. You can access large amounts of money. Perhaps you can demonstrate the ability to make a large amount of cash flow, but you don’t have the capital or collateral to obtain the funds needed to run the business. An SBA loan is ideal for this situation.
Today’s Featured Business Purchase Pre-Qualified Business Listings For Sale
1. Antelope Valley, Los Angeles County, California based car wash & c-store opportunity for sale – 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: $100,000.
2. Bristol County, Massachusetts based manufacturing company for sale – Located in the South coast of Massachusetts, this family run abrasives manufacturing company has produced high quality grinding wheels and industrial abrasive products for over 25 years. The abrasives market is healthy and the upside potential for this business is substantial. The ideal buyer will have strong sales and marketing capabilities that are much needed for this well positioned company.
The owners are preparing for retirement and over the past year have been spending less time in the business. As a result, sales and profits have fluctuated.
Asking Price: $650,000.
Included In The Asking Price: Furniture, fixtures and equipment valued at $ 277,270 inventory valued at $40,000.
Financials: Sales have ranged from $100,000 to $750,000 over the past four years. Cash flow for this same period has ranged from $80,000 to $250,000.
Facility: The 6,960 sq.ft. custom built facility the business occupies was constructed by the owners and is available for lease at $4,000 per month NNN. An option to purchase the property will be conveyed to the buyer.
Opportunities:
One of the owners, who came from the technical side of the industry and has been responsible for the manufacturing, new product development, and operations of the company, would be willing to stay on and work part-time as a consultant.
We have had discussions with a 25 year veteran of the abrasives industry who is interested in working with the buyer. This individual, potentially a general manager level employee and equity investor, has a strong technical and sales / account management background in the abrasives industry. This individual recently completed a sales and opportunities analysis for the company which identified incremental sales of approximately $100,000 for 2007. Deal Structure: Price: $650,000, Adjusted Net: $128,802.
* 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.
APR






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.