Premium Only Content

Using an SBA7a Loan to Purchase a Janitorial Business
Using an SBA 7a loan to purchase a janitorial business
Question: Hey Beau, I have an opportunity to buy an existing janitorial business. It’s been in business for 3 years and is cash-flowing well. It’s on the market for $265,000. It’s doing about $500,000 in annual gross revenue. I’m waiting for the seller’s financials.
How would you recommend I start the due diligence process?
Thanks in advance,
Joe
Timestamps
[00:10] Go to investorfinancingpodcast.com/ask to ask other questions
[01:00] Get the seller’s three years’ tax returns and interim year-to-date statement
[01:16] You have to see what the net is, if there’s any add backs and if they are running personals expense
[01:43] Factoring in the debt payment
[01:45] Check if there’s enough cash flow
[02:14] Get the tax returns and feel free to book a call at https://investorfinancingpodcast.com/rumbleto find the right banker
[02:30] What’s the seller discretionary income
[02:39] Determine of what you are going to offer to the seller for payment or purchase price
If you'd like to ask me a question about real estate, do it here -- https://investorfinancingpodcast.com/ask
Are you a real estate investor or business owner looking to expand? Book a discovery call with Beau to learn all the ways he can help you - https://sbaloans.blog/meeting
💥 Thanks for watching 💥
#businessacquisition #businessloans #sba7a
_________________________________________________________________________________________________ About Beau: Beau Eckstein is a real estate entrepreneur, TV personality, and commercial mortgage advisor, specializing in construction financing and multi-family lending.
_________________________________________________________________________________________________
🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance your all your projects.
About the Channel: Want to structure your investments in the right and secure way?
Learn great insights and make the right decisions through the Investor Financing Podcast hosted by Beau Eckstein.
-
3:09
Investor Financing Podcast
7 months agoTop Business Ideas for $25K and Part-Time Availability
181 -
8:08
The Car Guy Online
14 hours ago $0.06 earnedFord’s SHOCKING 'Solution' for 694,000+ Fire-Prone SUVs! Bronco Sport and Escapes.
583 -
LIVE
BEK TV
22 hours agoTrent Loos in the Morning 7/17/2025
244 watching -
LIVE
The Bubba Army
21 hours agoIs Trump LYING?! - Bubba the Love Sponge® Show | 7/17/25
2,641 watching -
LIVE
FyrBorne
12 hours ago🔴Warzone M&K Sniping: Can Anything Defeat The TR2 Meta?
199 watching -
16:10
Ohio State Football and Recruiting at Buckeye Huddle
1 day agoOhio State Football: The 10 Most Unbreakable Defensive Records in Buckeye History
1.21K -
12:42
The Shannon Joy Show
13 hours ago🔥Autism Spike & mRNA Deaths.🔥
1.55K1 -
27:47
The Jack Brewer Show
13 hours agoThe Jack Brewer Show S1 EP2 | Eric Metaxas on Culture, Fatherhood, and Biblical Truth #podcast
1.45K1 -
0:27
Rena Malik, M.D.
22 hours ago $0.02 earnedWhat's the difference between two game-changing treatments for BPH? | Rezum vs. BPH
1.39K1 -
17:08
Esports Awards
17 hours agoiiTzTimmy on Quitting Pro Apex, Streaming Fame & What’s Next | Origins Podcast #16
1.72K