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    1 Reply Latest reply on Nov 7, 2010 5:59 PM by surepayguy

    financing question for liquore store

    appleton Newbie

      I am about to start putting together a deal to purchase a liquor store. The seller is willing to finance the business and the multi-unit building it is in. I would like to get the business and the building. I will need to purchase the inventory with cash. The inventory can't be financed from the seller. I will need to get a loan for about 100k. I have about 30k of my own and my credit score is around 720. This business is actually for my wife. I have two jobs myself and make around 180k a year. What would be the best way to finance this deal? The business grosses over 2 million a year. Any advice or input would greatly be appreciated.

      thanks,
      Larry

      (sorry for my spelling, english is not my first language.)