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Updated about 3 years ago,

Shayne Meeker's profile image
Shayne Meeker's profile image
Shayne Meeker
  • Member since Aug 25, 2021
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12
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4
Votes
Shayne Meeker's profile image
Shayne Meeker's profile image
Shayne Meeker
  • Member since Aug 25, 2021
Connect
Shayne Meeker
4
Votes |
12
Posts
Buying & Selling Real Estate

SBA loan for B&B business

Shayne Meeker
Posted

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?

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