What benefits are there for Seller on seller financing?

[Jeremy Hawkinson]

So I recently reached out to a laundry mat because I heard they might want to sell. I’m more interested in the real estate it sits on primarily because it has corner building that I could open up another coffee shop. My wife and I currently own 3 coffee drive thrus but 2 are on leased land, my 3rd is An owner contract.

The older lady who owned the laundry mat called me back and said they just want to sell the laundry mat business and not the property. But then she went on to express they actually do want to sell the property but they don’t want to because of capital gains. I didn’t have an answer for her about that but this Covid time has left me time to catch up on dozens and dozens of podcasts and I keep hearing how seller financing can actually help the seller because it alleviates or defers or some of the capital gains. Can anyone help me understand the way that works so I can approach them again with a clear way to help them out and hopefully help myself in the process.

Thanks