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Electrical Contractor & Lighting Store
Northern Minnesota, Minnesota
Asking:$ 720,000
Gross:$ 950,000
Cash Flow:$ 0
There are two buildings that house the retail business and electrical contracting business, which are owned by the seller and are available for lease...
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Buy: an existing business, an exiting franchise, an idea, an existing business opportunity, an existing home based business, an existing distributorship.

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  Buyer Pre-Qualification
Please fill out all pertinent information
First Name:     
Last Name:     
Email Address:     
Address One:     
Address Two:     
City:     
State:     
ZipCode:     
Phone:     
1.) What is your business interest?
    
2.) Do you have experience in business that you are seeking?
    Yes  No
       If yes – please state your experience level.
       
3.) What is your current credit score?
    
4.) What is your education level?
    
     If Other, Please Explain:
     
5.) Current Household Income
    
6.) Estimated net worth. Net worth = Assets – Liabilities.
     $
7.) Estimated cash available for down payment.
     $
8.) Where is the down payment coming from: (i.e. Equity, savings, retirement, gift). Be specific using dollar amounts and descriptions.
    
9.) Do you own any real estate?
    Yes  No
10.) Total equity dollar amount you have in all real estate owned (please give detailed information)
    
11.) Have you ever filed for bankruptcy?
    Yes  No
     If yes, date of the discharge month/year
     
12.) Have you ever been convicted of a felony or DUI?
    Yes  No
13.) Are you currently employed and where?
    
14.) How long have you worked there?
    
15.) Give a brief work history for the last 10 years (give titles, duties, description, etc).
    
16.) Are you involved with any non-compete agreements?
    Yes  No
      If yes, please describe
     
17.) Are you currently in any negotiations with a potential seller to acquire a business?
    Yes  No
     If yes, please explain in detail the specifics of the potential purchase?
     
18.) Are you considering purchase of a business outside a 100 mile radius of your current residence?
    Yes  No
19.) Will you actively participate in the business?
    Yes  No
20.) Are there partners involved?
    
21.) When do you need financing?
    
22.) Are you a U.S. Citizen?
    Yes  No
23.) Have you ever been self-employed?
    
24.) Estimated annual total living expenses? (please give annual dollar amount
    $
25.) Estimated total credit card amount currently owed? (please give dollar amount).
    $
26.) Other General Information:
    
  

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