Updated over 4 years ago on . Most recent reply
SBA loan for B&B business
Looking for the best SBA options on a deal we would like to purchase. It’s a fully established bed and breakfast.
Asking price 1.6m
2021 gross revenue around 545k. net 175k.
Occupancy average 95+%
Part time staff already in place. The business is 25 years old and rated #1 in the area. My wife and I would be running the business. We have 200k and zero debt. Both 720+ credit scores. What would our best option be?