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Forum nameFinancial Feast
Topic subjectSo do i have a chance,or wasting time effort
Topic URLhttps://www.businessownersideacafe.com/forums/dcboard.php?az=show_topic&forum=105&topic_id=886&mesg_id=886
886, So do i have a chance,or wasting time effort
Posted by jexter71, Sun Sep-26-10 01:00 AM
I have been a baker for 20 years. I have been running this bakery for over 5 years. The owner really wants out and wants me to buy it. i am working on a business plan, it is all turnkey, i run it now, and we have good sale history/projections(600-650k gross 100k net)I can come up with maybe 1-3% of the down. I just bought a house, so savings are gone.My credit score is 720. So do i have a chance at 100% financing. Is there such a thing? What options are there? Thanks in advance