FAQ for Buyers
Why buy a business instead of starting one?
If you buy an established business, you have an income from the day you take over. You already know what can be accomplished by the business.If you start a business, you face a lot of uncertainty over the success and desirability of your product or service. Buying a business takes a lot of the risk out of your decision.
What is the best business to own?
Beauty is in the eye of the beholder. Most Buyers want to own a profitable, well-managed business in an industry that holds a personal interest for them. In general, there is no industry that is particularly better than another.
What kind of financing is available?
Seller financing is usually the cheapest and easiest to obtain. It also tells the Buyer that the seller has confidence in the business. There are no loan fees and the interest rate is usually lower than the bank rates, but the term of the loan is often shorter. Banks will loan money on businesses that show a strong earnings history on the tax returns.
In recent years, bank loans, which are guaranteed by the Small Business Administration, have become very popular and more readily available.
How is an offer structured?
Most businesses sell for one-third to one-half down. The remainder is financed by the Seller, by a bank or through family resources. Sellers generally prefer to receive all cash at closing and some Buyers are able and willing to accommodate them. However, Buyers are usually trying to get the most bang for their buck and will want to leverage their down payment into the largest business they can buy.
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Featured Listing
Routes - Fed Ex - Lee County, FL
Price 265K Down 265K Sales 288K |
BBF-92401152 |
| Well run 3 Fed-Ex routes in SW FL. 2 ground & 1 home delivery route. Experienced drivers in place, owner works just 10 hrs. /week overseeing operations. 'Preferred status' in place for probable ISP roll out by FedEx. 3 trucks included. Buyer may drive subject to Fed Ex criteria including: a clean driving record, pass drug and criminal background screening, pass DOT medical/physical examinations and have at least 6 months 'similar truck' driving experience. Same period 2010 sales have increased over 2009 |
New on the Market
Awards/Prizes - Awards Engraving in Lee County, FL
Price 175K Down 65k Sales 264K |
BBF-90406063 |
| Trophy/Awards business. Services businesses/organizations, schools, government office and individuals with a large array of graphics & awards products. Large & diversified client base. #1 franchise in its field. Excellent buying power through franchise which gives this business an edge over its competitors. Business steady & actually has increased despite the economic recession. Many pluses! |
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Electronics/Computer - Computer Repair in Lee County, FL
Price 79K Down 39K Sales 99K |
BBF-94802196 |
| Well established computer repair biz & more than a repair store, offering Computer installation Data recovery Computer repairs Virus &spy ware removal Disaster recovery Upgrades Tutoring, Training. Provides in-shop and customer location services. Over 5,000 customer names. Has employed up to 4 technicians. Serving Lee &Collier Counties. Buyer to acquire new location, but only needs 500-1,000 sf. Recast assumes market rent. Good time to acquire good location at low rent. Other is trade name. |
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Liquor Related Biz - Bar/Restaurant in Lee County, FL
Price 400K Down 400K Sales 900K |
BBF-90712710 |
| THIS IS A VERY POPULAR RESTAURANT/BAR WITH FULL LIQUOR LICENSE LOCATED IN A F.S.B. ON A MAIN ROAD WITH PLENTY OF PARKING. INSIDE LOUNGE SEATING 60+, WITH INDOOR DINING ROOM SEATING 150+, AND A LARGE PATIO WITH FULL BAR SEATING 100+ WITH ENTERTAINMENT AREA WHERE PATRONS LOVE TO LINGER AND ENJOY LIVE MUSIC, KARAOKE, DANCING, AND ANY OTHER FEATURED ENTERTAINMENT. RENTAL IS MONTHLY GROSS AMOUNT. NOTE: SELLER IS WILLING TO OFFER PARTIAL FINANCING TO A QUALIFIED BUYER. |
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Restaurants - Pizza Shop in Lee County, FL
Price 500K Down 500K |
BBF-90406066 |
| A nationally known, sports icon owns this prominent Sport Bar / Restaurant. Restaurant is being run almost absentee but with HIGH labor and food cost. The Seller would consider being a minority partner for an experienced buyer. Experienced operator would greatly improve the operation. Shows very well. CA$H Business. The Seller has over $1,000,000 invested. |
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Security Related - Security Systems Collier County, FL
Price 390K Down 390K Sales 416K |
BBF-94994999 |
| Family owned and operated security related business. Provides sales, installation, repairs, service contracts and parts sales to a diverse group of commercial and residential customers. Attractive sales office which displays product lines and individual products. Includes storage and work shop facilities. Business relationships transferable and owners will train buyers in all aspects of the business. |
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