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3 Replies Last post: Mar 14, 2009 10:40 AM by zymurgist

Business loan or Investor Needed?

Mar 13, 2009 10:06 PM

Click to view zymurgist's profile Start-up zymurgist 2 posts since
Mar 13, 2009
I woul like to purchase a brewpub and need some financing help.

The purchase amount is $1M and includes the 6000 sqft building and 1.2 acres. The property was appraised at $850K in August 2007, but the market has slumped. Sales are between $30K and $35K weekly, well establlished with room for improvement.

I only have 10 to 15% of the purchase amount depending on how much working capital I retain.

Is there anyway to work this deal and purchase the business?
Tags: alternate_financing_options, loan_to_take_over_business, loan_to_purchase_property Report as inappropriate
Click to view LUCKIEST's profile SCORE LUCKIEST 7,926 posts since
Aug 6, 2007
1. Re: Business loan or Investor Needed? Mar 14, 2009 9:43 AM
Business loan or Investor Needed, Welcome

Who are you?? How do I reach you?? Phone?? Email??

Have you developed a Business and marketing Plan that I can read??

Talk to me, LUCKIEST
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Click to view bmt2008's profile Mogul bmt2008 305 posts since
Jul 30, 2008
2. Re: Business loan or Investor Needed? Mar 14, 2009 9:37 AM
Will the owner consider "owner financing" with a small downpayment? Have you looked into a SBA loan?
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Click to view zymurgist's profile Start-up zymurgist 2 posts since
Mar 13, 2009
3. Re: Business loan or Investor Needed? Mar 14, 2009 12:05 PM
in response to: LUCKIEST
I am leary of posting personal information in any internet forum, but my e-mail is sar1961-ba@yahoo.com. Send me your phone number and I'll call you.
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