Thursday, September 24, 2009

IT IS A BUYERS MARKET – GREAT DEALS FOR UNDER $100,000

February 13, 2009

In the business brokering field, just as in baseball, you have home run hitters and you have singles hitters. So who is doing well in this market?

Well, mostly the pitchers – LOL! But, the singles hitters are having some success, especially selling businesses requiring less than $100,000 down. Using the 25% down rule of thumb, this would include businesses for under $400,000 where a seller is willing to finance a significant portion of the deal and businesses where the total sales price is under $100,000.

What businesses typically sell for under $100,000 down? Here is a list of some businesses which can be considered great deals for buyers in this market:

Appliance Repair
Bread Routes
Car Wash
Coin Laundry
Fitness Center
Florist
Gift Shops
Hair Salons
Lawn Business
Medical Home Care
Pet Grooming
Photo Studio
Plumbing
Pool Maintenance
Printing/Graphics
Property Management
Smoothie Store
Tax Centers

Why did I select these businesses?

For several reasons:

1. There is always demand.
2. Competition has thined out due to failure.
3. When in a good location, they make money.

Call or email me at 800-599-0503 or eric@bluechipbizsolutions.com and let me help you find a business within your budget. Remember three or four singles usually equal one home run!

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