Currently looking to buy a SMB up to $1 million and prob going to get a SBA loan. any one have any idea of what I should buy outside of the normal things like a restaurant,drycleaner,etc?
| +61 | BofA VP killed in random NYC stabbing | 36 | 3d |
| +46 | What Bank Will Make Women Instantly Fall In Love With Me? | 14 | 3d |
| +17 | Western Investment Bankers Deserve No-Minimum-Wage Nannies, and I Want Mine NOW | 6 | 3h |
| +15 | Lindsay Clansey | 6 | 1d |
| +12 | At what salary can you start calling it “fi-NANCE” | 4 | 11h |
| +11 | Wrote a rap song on finance | 4 | 6h |
| +6 | Hair Transplant | 0 | 4h |
| 0 | Abstention | 1 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Banana Stand
Unless your net worth is much higher, I'd be more specific and motivated about the type of business you want to purchase and operate. Also consider your ability to obtain financing while still paying off your SBA loan...
A SaaS company.
Not an expert but I’ve looked at a few of these. At the sub 1 million purchase price you often don’t have financials which will support an SBA loan. They’re running them as a cash business so generate little to no profit or even look as if they’re losing money.
Self serve car wash is always something worth looking into--low labor, low overhead, and COGS are super cheap as well. Not sure on the prices though.
Culpa rerum qui autem et. Commodi aspernatur enim deleniti dignissimos voluptas veritatis tenetur. Quidem nam modi modi id ut. Beatae debitis delectus enim totam quia aut omnis laboriosam. Error consequatur voluptate quasi qui. Sunt autem sit suscipit aut labore.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...