This is a great question, sienasaints33! I see that you've already browsed around our sites and found some great articles and information. Have you had a chance to read this article by one of our business expert partners? - Buy vs. Lease: What's The Best Choice For You?
I'd also recommend that you read our small business lending guide, which can be found here: Small Business Lending Guide. There are a lot of great ideas in both of these articles which I think that you'll find helpful.
We also have many helpful members who I know will be glad to provide you with their insights and advice. I look forward to reading their answers.
Best of luck to you,
Well its a good decision & also it seems you have done a good market research on this. And if your credit score is good enough then you can definitely get fund or financial options to progress with your business.
I am looking at acquiring an existing small business that is priced at $900,000-1,000,000 with annual revenue of 230k+ and expenses around 75-90k. Real estate included would be worth around 500k. Equipment would be worth another 100-200k. Both included in the price mentioned above. What are my options of financing this business? I read an article written previously on this site mentioning using other's money to acquire. The owner has mentioned a willingness to owner finance but he would only do so while holding the deed to the land in some sort of lease with option to buy type transaction. Any suggestions? Im open to options that include as little to zero out of pocket on my part up to 20%.