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Financing for purchase of existing gymnastics business - $1.3mm

I am in the process of purchasing an existing gymnastics facility and business for $1.3 million which includes the building, equipment and clients. The current business is profitable but underutilized with the first year projection of minimum 30% growth under new management. Partner is coach with over 20 years experience and I have over 20 years experience in non profit, HR and marketing. Need help with financing or suggestions on best way to proceed. We have little down payment available.

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The BAF Group LLC
MD

Be very wary of "lenders" that offer unrealistic interest rates, and have no company name, no address, no traceable telephone number and who operate off of a free, gmail-type email address! Get information and do your research on these people, BEFORE giving them sensitive information about yourself!

Apr 19, 2015

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