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    3 Replies Latest reply on Mar 14, 2009 12:05 PM by zymurgist

    Business loan or Investor Needed?

    zymurgist Newbie
      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?