Contact: Steven - Business Buyer At 510-778-2225 , 510-778-2225 - Also Email This Contact Below
I am interested in a semi or fully absentee business. I have a credit score of 790, $100K+ down payment, and have $400K+ in assets (can email a current Buyer Profile to serious Sellers or Broker/Agents). Purchase price range interested in: $100K-$700K.
I am looking for the right business with the right financials and located within desired areas (can be a multi-unit business.) Currently residing in Santa Clara County, I would like the right business to purchase in the following areas: Alameda County, Santa Clara County, San Mateo County. I am open to online businesses as well.
As mentioned, I would like to retain a business broker to help locate the right business and handle the minutia involved through purchase.
The business must have the following available:
* Detailed 3 year and current financial statements (IRS business tax returns for 2018, 2019, 2020), including EBITDA, Net Income and Cash Flow statements
* No liens, lawsuits or other liabilities
* Purchase Price Range: $100,000-$700,000
* Cash flow positive
Preferred Business Attributes
* 10+ years in operation
* Healthy, loyal customer base
* Goodwill (if applicable)
* Semi or fully absentee ownership (want to grow the business)
* Reasons for selling; retirement, relocation or health
* Excellent employees with good tenure
* Sound business plan
* Untapped revenue streams
* Non-compete agreement, with area exclusivity
* Ample training
* Favorable Lease, with renewal options
* Owner financing (favorable terms)
Of course I will sign all the necessary NDA documents as well as a personal buyer profile. As mentioned, in the short profile, I have liquid and substantial equity/assets to get a business acquisition loan if needed. The purchase will be a mix of cash down and financing.