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BUYING EXISTING BUSINESS THAT CLOSED

 
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BUYING EXISTING BUSINESS THAT CLOSED - 7/29/2009 1:31:29 PM   
Jtroyfed

 

Posts: 1
Joined: 7/29/2009
Status: offline
What should be my first steps to get venture capital to buy a business? What is a good book or website to assist me in this. I assume I need to put together some sort of proposal. I do not have any capital myself but think this Tavern would be a very good investment. It closed due to back taxes. Tell me how to get started. Please Thanks!!
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RE: BUYING EXISTING BUSINESS THAT CLOSED - 8/15/2009 6:46:17 PM   
mfletch7

 

Posts: 2
Joined: 8/15/2009
Status: offline
If you can get it for back taxes, it may be possible to get sufficient funding simply by opening up a credit card. One of the methods that I would look into for funding of this sort would be Seed Capital. They provide a service that helps you open lines of unsecured credit.

(in reply to Jtroyfed)
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RE: BUYING EXISTING BUSINESS THAT CLOSED - 9/16/2009 12:31:26 PM   
fayazk

 

Posts: 5
Joined: 8/19/2008
Status: offline
You must clear all liens, taxes etc. You will need a Business Plan to re-open the Tavern so that the financier and landlord can see your directions and cash flows

mrfranchiseman.com

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Subway Specialist, Business and Franchise Valuations

(in reply to mfletch7)
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RE: BUYING EXISTING BUSINESS THAT CLOSED - 10/7/2009 4:46:35 PM   
arthamel519

 

Posts: 1
Joined: 2/25/2009
Status: offline
We have been in business for 53 years. Buying a closed business is very difficult and very dangerous.

If you have lttle in the way of funds, you should consider buying an existing business. An existing business has cash flow to pay your loans.

We are business owners not brokers.

(in reply to fayazk)
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RE: BUYING EXISTING BUSINESS THAT CLOSED - 12/30/2009 6:46:04 PM   
shubh

 

Posts: 14
Joined: 11/6/2009
Status: offline
As you have very limited funds in hand, so it is must to analyze various aspects of the business. This business analytical report will help you to prioritize the issues to be tackled. There are many companies like ‘fintel’ that provide analytical tools and reports about various aspects of business.

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company financial analysis
fintel.us/customers/Corporations.html
Post #: 5
RE: BUYING EXISTING BUSINESS THAT CLOSED - 1/12/2010 4:58:58 AM   
MelioraSofie

 

Posts: 1
Joined: 1/12/2010
Status: offline
hi,

The main effects of marketing strategy is long term customer value. The biggest cost is getting a customer so when you get one, you want to keep them to keep your overheads down and it's more profitable to sell to an existing customer.
free tax return software


< Message edited by MelioraSofie -- 1/12/2010 5:01:25 AM >

(in reply to Jtroyfed)
Post #: 6
RE: BUYING EXISTING BUSINESS THAT CLOSED - 4/19/2010 11:00:43 PM   
maria111

 

Posts: 4
Joined: 4/19/2010
Status: offline
i think if u don't have enough capital u can get some loans.then try to contact via online
NAPW

(in reply to MelioraSofie)
Post #: 7
RE: BUYING EXISTING BUSINESS THAT CLOSED - 8/10/2015 11:01:13 PM   
koilpeny

 

Posts: 38
Joined: 8/10/2015
Status: offline
Hello i have an investor with a capital of about $80, 000 000 in all her investment willing to invest in any business but need a partner who can run the business . So if you want any person to invest with you then you can contact me for more info . But her interest is in three countries .Norway , UAE , AND in UK . She is willing to invest in Building Hotels , Real Estate , Gas and Oil and also setting up restaurant also with retail stores if you can bring to her a good business proposal. Also interested in expanding small businesses . My email is koilpeny1988@gmail.com .

(in reply to maria111)
Post #: 8
RE: BUYING EXISTING BUSINESS THAT CLOSED - 3/1/2016 9:03:01 PM   
elisagrace

 

Posts: 22
Joined: 12/8/2015
Status: offline
You have to clear all the previous liabilities of the company. Then you have to show your business plan . Mere showing of business plan will not entitle you to get loan from company. If the lender company is satisfied with your present account that you have the capacity to return back the loan amount, they may consider to provide you loan. To know more you can visit at this site https://www.merchcash.com/resources/post/startup-business-loans/

(in reply to koilpeny)
Post #: 9
RE: BUYING EXISTING BUSINESS THAT CLOSED - 8/10/2019 4:40:04 AM   
pet00

 

Posts: 27
Joined: 6/5/2019
Status: offline
Hello,
I am interested in funding your business/project
either by giving credit or partnership. If this
suit your interest, kindly get back to me
at (petervon00@gmail.com) so we can proceed further
Kind Regards,

Mr Von

(in reply to Jtroyfed)
Post #: 10
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