How much do SBA loans cost when utilized to purchase a business under $5,000,000? Here is a real-world example of a deal closed by Jim Peddle at Playbook Advisory in 2019.
Purchase Price $1.8mm
20% Down Payment
In the past 9 years of brokering businesses for sale, I’ve found that almost 100% of the buyers closing on one our listings for sale have completed the purchase of at least one real estate property. It’s not surprising as the average age of buyers is between 45-55 years old, by that age, many people are already on their 2nd or 3rd primary residence.
Bank Loan
Down-Payment
Seller Notes
Why you need an M&A attorney when buying any business…from the perspective of a business broker.
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Low Voltage Company listed for sale in Chicago. Contact Jim Peddle, listing business broker for details.
Installation - Ongoing Maintenance
2019 Financials Now Available
When buying a business listed online with a business broker a buyer will likely encounter a term such as Sellers Discretionary Earnings (SDE). This post explains SDE and how it impacts the pricing of a business for sale.
What is SDE or Sellers Discretionary Earnings?
Why is SDE Utilized when Buying or Selling a Business?
How Do Addbacks Work?
Playbook Advisory announces the Sale of a Wood Manufacturing Company. The exclusive listing was referred to Jim Peddle by the Sellers Attorney, who had successfully worked with Jim on other transactions. “Manufacturing companies like this are in great demand which is great news for business owners”, stated Mr. Peddle, President
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SOLD: Turnkey opportunity to purchase a successful Home & Bath Remodeling Company in Chicago. Stellar online social reviews and loyal repeat customer base. Buyers can step in and take over from current owner who is ready to move on to other interests. Contact Jim Peddle at 312-525-9622 for more information.
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Playbook Advisory announced the listing of two Chicago area companies this week. Both companies are owned and operated by successful entrepreneurs who are ready to retire and move on to other interests outside their businesses. Interested buyers can contact Jim Peddle at 312-525-9622 to learn more.
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