Another way to get a business purchase over the line...
Benjamin Clarke
Webuypremises.com - raising significant working capital for businesses via sale and leaseback transactions on trading premises. Very generous fees paid to brokers & introducers.
Do you have clients who are looking to take over an existing business? Or perhaps purchase the business from the retiring owners? Is the acquisition proving tricky to finance for one reason or another?
If so, read on, we may be able to help.
Below is a live case study from June 2020.
A well established aggregate business is being sold by its current owners. The current owners have built the business from the ground up into a local profitable enterprise. They're now looking to retire to pastures new, Florida to be precise.
This business is on the radar of two new buyers, we'll call them James and John. James and John have been in the industry for 70 years combined. They know it like the back of their hand. They know where the current owners are slacking and can see the potential to make a lot of money immediately .
However, the business' takings don't match the accounts which are submitted each year. This means the new owners can't get a mortgage against the unencumbered property which was their initial plan. Also, the assets are quite tired and aren't suitable for financing.
If you know this scenario all too well, give us a call - we can step in, buy the premises and leaseback to the new owners. The business will get a significant cash injection AND the new owners will be able to buy it back in the future.
This is what we are looking to do with James and John. They'll get the business running at full speed (on paper) and then purchase the building back from us in 3-5 years time.
Everybody wins, James and John get to buy the business, we make an acquisition and the creatively minded financier who introduced the deal to us will get paid a 2% intro fee, or ￡5000, whichever is greater!