Buying an established business?
Posted June 25th, 2009 by admin 3 Comments »
Purple Mohawk Indian asked:
If you had $25,000 in liquid cash and you wanted to buy an established business in the price range between $80-120K, how would you go about doing it? Would you try to get SBA financed, find an owner financed business or combination of those? Should I initially consult a local business broker?
If you had $25,000 in liquid cash and you wanted to buy an established business in the price range between $80-120K, how would you go about doing it? Would you try to get SBA financed, find an owner financed business or combination of those? Should I initially consult a local business broker?