Results 1 to 3 of 3
-
08-08-2018, 12:45 PM #1
Reputation points: 117
- Join Date
- Apr 2017
- Posts
- 127
Business Purchase
We have a business purchase deal.
It’s a learning center in the Pacific Palisades area of Los Angeles. they offer single subject tutoring, entrance exams prep courses, reading, home schooling etc. They are able to charge 150-200 dollars an hour. Many students are long term and many are short term. The seller established the business in 2002 and it’s been in its current location since 2006. Very strong clientele and very experienced buyer.
The buyer’s credit is 660. Buyer is well established in the school district communities and has many connections with various education outlets. Her experience will help this business exceed the 2015-2016 sales figures.
Annual sales are $1.2-$1.4 million. Strong cash flow
Purchase price is $925k and they are looking to do 25% down.
Can someone get this done, and what you terms and rates would be for something like this?
-
08-08-2018, 12:49 PM #2
Reputation points: 340530
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,499
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
-
08-09-2018, 07:44 PM #3
Reputation points: 15
- Join Date
- May 2018
- Posts
- 36
collateral
Does the client own any real property they could put up?
Ian G. Nadjari
Managing Director
Riverstrong Capital, Inc.
95 Wall Street
Floor 6
New York, NY 10005
Phone: (917) 983-9621
Email: Ian@RiverstrongCapital.com
Similar Threads
-
Business Purchase
By CFSCCorp in forum Deal BinReplies: 1Last Post: 07-26-2017, 10:55 PM -
Business Purchase Financing
By Wmateo in forum All Other LendingReplies: 3Last Post: 02-10-2017, 12:02 PM -
Over 11,000 Qualified Business Leads Available for Purchase
By Cambridge in forum PromotionsReplies: 3Last Post: 02-02-2017, 12:48 PM -
Pet Grooming Business - Purchase
By BigIz in forum Deal BinReplies: 3Last Post: 05-25-2016, 08:51 AM -
purchase an existing business
By sigma94 in forum All Other LendingReplies: 1Last Post: 05-28-2015, 06:51 PM