
It's a small town welding/fabricating business. The current owner is looking to retire and be wants around 850,000 for the business. I believe he owns the land the business is located on. It comes with a press break, shear, cnc plasma table, 12 welding machines, tools, lathe, mill, etc. As well as a patent for a special mining tool.We are going to look at the books this weekend. What will I need to be looking at to know if this is a viable purchase? And on that note, is it possible to get into a loan like this with little down payment? I wasn't actively looking to buy a business so I don't have a lot to put down as a down payment currently. Looking into things, I'd like to get an SBA loan. But I'm not sure what will qualify for that.Should I wait to see the books before speaking with a lender? see hubwealthy.com/wealthy






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