A business to business service company has come on the market. Most of their business comes from repeat customers and word of mouth. Their service is currently booked a year in advance. This profitable company has been pre-approved for an SBA (Small Business Administration) loan for a qualified buyer with a down payment of $62,000. The new owner would make $220,000 in the first year after debt service, thereby recovering the down payment in less than 4 months. We obtain SBA loans in about 2 weeks with very little paperwork.
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What every business owner needs to know.
Our book can teach you how to plan now to maximize the sale price of your business.
What to avoid when selling your business.
Deal Killers is a practical guide for current and future business owners who will, at some point, consider the sale of their business.