The BizBuySell Small Business Community

  • Get Expert Advice

  •  • Find Local Service Professionals

  •  • Share Your Experiences

Looking to buy an existing, highly profitable child care centre for $700K. Great Credit!

I, and my partner, have excellent credit. We are looking to buy an existing, highly profitable child care centre that has been in operation for 2.5 years for about $700,000. We can inject upto $200,000 in equity. How can be finance the rest? (SBA is not an option). Thanks!

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 (5)
No User Photo
DM Enterprise
New Castle County, DE

Hi Shaun. Before you invest your capital in a business and then have to take out a loan on top of that, suppose you could invest that capital elsewhere for a short time to triple your money so that you can retain that principal and then pursue your dream with the earnings - could you see how this would put you in a better financial position. It's being done every day but by the few who know about it. You or anyone with $50k or more can do this. If you want to know more, send me an email: or call me at: 800-844-9639 x1245.

Mar 8, 2014
No User Photo

Marc - tried reaching you. Left you a vm.
Look forward to speaking with you

Mar 6, 2014
No User Photo

Hi Shaun,

Marc Simpson with Peak Choice Capital. We would be glad to review this deal and see if this is something that fit's our criteria. If you are able to inject up to 200K, we can provide up to 70% of the purchase and can close within 2 weeks (24-48 hours after clear title). Feel free to contact me for more details and a quick decision of commitment or not. There are ways to be flexible when acquiring these properties and we can use work them into the deal if need be.

(Like Don, I'm confused on why SBA wouldn't work but know we can do this based on the numbers you provided)

Marc Simpson
Phone: (920) 267-7682

Mar 5, 2014
No User Photo

My partner is a citizen and I am awaiting my green card (currently on EAD/AP). Based on this situation, SBA wants to fully collateralize the loan with personal real estate equity ONLY (the business we are contemplating buying is without real estate). We do not have enough real estate to satisfy SBA requirement. Although we do have 401K, brokerage, IRA, savings, CD etc. to potentially back the loan and high salaries to mitigate potential risk, SBA only wants real estate equity as collateral. Thus the need to explore other options.

Mar 5, 2014
No User Photo
The BAF Group LLC

Why is SBA not an option?

Mar 5, 2014

Start a Discussion