ForumsStarting a Business

Up to All Forums

This Question is Not Answered

1 "correct" answer available (5 pts) 3 "helpful" answers available (4 pts)
Post a new topic
0 Replies Last post: Jan 15, 2009 12:21 PM by shariloves

Buying an existing catering business

Jan 15, 2009 12:28 PM

Click to view shariloves's profile Start-up shariloves 1 posts since
Jan 15, 2009

My husband and I would like to buy a catering business. They already have some major accounts established and are profitable. Our scores are in the hign 600's. The owner is willing to finance half (40k) and we would need to come up with the rest(40k). I was told we can't get a SBA loan because the property is being leased. What other options are out there?

Thanks
Shari
Tags: Report as inappropriate

More Like This

Most Recent Forum Posts

Image and Artwork Commercial Licenses Available
3 hours ago

eBay Marketing Traning
3 hours ago

Penny Auction Site Offering Designer Accessories
5 hours ago

Seasonal Business - Should we close in the down season?
5 hours ago

Legend

  • Open Question
  • Answered Question
  • New content since your last visit
  • Updated content since your last visit
  • Content you have read