Frozen Yogurt Shop For Sale Financing - Yogurt Store Purchase Financing Tips
Buying a yogurt shop for sale and running a successful business starts with financing. The capital investment required to buy a yogurt shop for sale can doom a business from the start with difficult repayment terms. Many business owners put themselves in a financial hole that is difficult to dig out of if they are underfunded or are paying back a loan on complex terms. Roughly 10% of business purchases are all cash deals, but the overwhelming majority are financed in some way. They key to a successful business when buying a yogurt shop for sale is to finance the right way and not just "some way".
Financing A Yogurt Shop For Sale In Today's Credit Market
Even today, credit can be difficult to secure for a total 100% finance on a purchase. Many traditional bank loans will require non-business collateral that will often equal the value of the yogurt shop for sale. A popular misconception about the Small Business Administration is that they offer loans. The SBA only guarantees the loans made by lenders to help mitigate risk. However, the usual problems with securing a loan are still in effect. One of the most effective methods for financing a yogurt shop for sale in today's market conditions is through seller financing.
Leveraging Seller Financing To Purchase A Quality Yogurt Shop For Sale
Seller financing offers many benefits, and it is becoming increasingly more common due to the hurdles in the way of traditional loans. Seller financing today can typically cover anywhere from 30% up to 70% of the total purchase price of a yogurt shop for sale.
From the buyer's perspective, seller financing is a good sign. A seller that wants to finance their own sale shows confidence that the yogurt shop for sale is a solid business that will continue to be profitable. Otherwise, why would they want to remain financially attached after the sale?
When it comes to financing terms, buyers can expect to pay between 5% and 8% interest over the life of the loan. Best of all, buyers have the option to be much more flexible on the terms than with a bank. For example, deferring the first 3 months' payments, make the first year's payments all principal, or arrange for no prepayment penalties. Best of all, the need for collateral is nearly removed since the seller's lien is against the business and not the buyer personally.
Consider seller financing when looking for a yogurt shop for sale in order to position the business to be profitable right from the start.
Looking to buy a yogurt business? See all yogurt shop businesses for sale in California - or sell a yogurt business and reach thousands of yogurt shop buyers. Also keep up to speed on the California yogurt store news (with industry business brokers & experts) with upcoming BizBen Online Webinars.
|Helpful Resources To Assist In Selling And Buying California Businesses|
|Jerome Thissen, Broker, National Franchise Sales
BROKERAGE - Specializing in the Resale of Franchise Businesses Since 1978 ASSET RECOVERY - Asset Recovery through Bankruptcy, Receivership & Foreclosure ADVISORY SERVICES - Buy-Side Representation, Valuations, Dispute Consulting, Restructuring Advisory, and Brand Development Advisory ...
|Angelo Izzo, Business Broker, SF Bay Area
BUSINESS BROKER SINCE NOVEMBER, 1977. Oldest Business Broker in Northern California doing brokerage on a full time basis! Services offered to our clients: 1. Business Sales 2. Business Appraisals 3. Business Consulting 4. Business Loans-Help with Small Business Administration loan processing.
|Thomas Kim, Business Broker: San Francisco Bay Area
Business broker services in the San Francisco Bay area. Assisting business owners sell their businesses and with business buyers seeking businesses in this area.
|John Vu, Business Broker, Los Angeles County
Realty Provider is the most successfully firm selling businesses in Southern California. We are full service Brokerage from the point of listing the Business for sale, to delivering possession to the Buyer.
|Flora Chong, Business Broker, Monterey County Area
Business Team Monterey is located in the Monterey Bay Area. one hour south of San Jose. This California Central Coast location is one of the 13 offices of Business Team. We specialize in business brokerage, commercial real estate, & leasing. Flora has 14 years of experience in matching buyers ...
|Prabhjot Randhawa, Broker: SF Bay Area, Central Valley, Sacramento
I'm a Business Advisor at Liberty Business Advisors of San Francisco. I have over 20 years of experience in all phases of entrepreneurship. During the past 15 years my concentration has been in business of mergers and consulting. I have owned and operated over 10 businesses. 209-815-3842 Cell.
|Evelyn Ross, Business Broker: Southern California
I'm A Real Estate Agent Specializing In Frozen Yogurt Business Listings, Coffee & Smoothies, And Other Food Restaruant Businesses. I Cover The Areas Of Orange County, San Diego, And La, Including San Bernandino And Riverside County. I Have Many Multi-Business Listings And Many Prospectors To ...
|Soo Kong Lim, Business Broker: San Francisco Bay Area
Business brokerage services in the SF Bay Area.
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