The BizBuySell Small Business Community

  • Get Expert Advice

  •  • Find Local Service Professionals

  •  • Share Your Experiences

In need of a loan to buy a business

need of a business loan to buy a franchise in Miami, FL its current monthly NOI is 20k the purchase price is 200k and my credit is not so good, please advise if a loan can be obtained.

No User Photo

Answer This Question

max 5000 characters

Web Reference (optional)

e.g., ""

Review Community Guidelines

Help keep our Community clean and on topic. The BizBuySell Community is a place where you can discuss your questions, concerns and knowledge with others you can trust. It is not OK to use this forum to solicit others for personal or financial gain, or to rant about personal issues. It's all in the guidelines.

Submit Your Answer
Answers (2)
No User Photo

that's no fluff and what more description do you want if you are not interested then don't waste your time responding.

Jan 19, 2012
No User Photo

20K NOI on a 200K purchase price?? I think that is fluff at best & deception at worst. 200K doesn't get you much -- most of the business I have looked at yield earnings that come to $5.00 an hour if that.

Jan 19, 2012

Start a Discussion