Results 1 to 4 of 4
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09-06-2023, 02:00 PM #1
- Join Date
- Mar 2020
- Posts
- 21
Selling Restaurant Business Las Vegas NV!!!!!!!
I have a merchant looking to sell his restaurant says he's ready to retire been in business since 07. Now, he's asking 120k the business does 180k annually. This isn't my area of expertise please help anyone!!!
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09-06-2023, 02:02 PM #2
- Join Date
- Jun 2021
- Location
- miami
- Posts
- 436
I have a few m&a brokers i could refer you over too give me a call
Midwestern Financial Solutions
CEO
Office - (954) 694-6402
email- Info@midwesternfinancialsolutions.com
MidwesternFinancialSolutions.com
Where your box ends ours begins.
https://www.linkedin.com/company/mid...ial-solutions/
linkedin.com/in/brandon-cooper-426615267
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09-06-2023, 03:24 PM #3
You can do a business acquisition through the SBA at 90% Loan to Value (10% down to buyer) ..assuming he owns the property. Need to show cash flow in the business. SBA will accept a seller carryback of 5% so 5% down is possible with buyer. Reach out.
Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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09-07-2023, 09:17 AM #4
- Join Date
- Oct 2014
- Location
- Naples, FL
- Posts
- 476
Michael Steinberg at Hedgestone Business Brokers. Look him up. I'm sure he'd love it. And he pays referral fees!
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