Attributes of an Entrepreneur

• An entrepreneur is highly independent.
• An entrepreneur is a visionary.
• An entrepreneur accepts higher risks.
• An entrepreneur is somewhat of a loner.

Q: What does it cost to buy a business?

A: SUNBELT works with each seller to establish a fair price for their business. Expect the down payment to equal the seller's net income.

Why Entrepreneurs Buy Existing Businesses

• Return on investment in one year
• Instant cash flow
• Company has established credit history and relationships with vendors
• Trained employees
• Company has established customer base and reputation
• To secure a life-long job

Business	Net Earnings/ Down Paymt.	Gross Sales	Sold Price	Type of Buyer
Furniture Manufacturer	$1,200,000	$12,400,000	$6,500,000	Family trust
Embroidery Company	$884,000	$6,300,000	$3,100,000	Tired of traveling salesman
Label Manufacturer	$600,000	$2,100,000	$2,645,000	VP tired of Corporate America
Construction Equipment Rental	$500,000	$7,350,000	$1,800,000	Unemployed executive
Baseball Cap Manufacturer	$407,000	$5,500,000	$1,655,000	Advertising executive
Muffler Manufacturer	$194,906	$1,500,000	$840,000	Automotive executive
Big Men Clothing Manufacturer	$75,000	$650,000	$400,000	South African wanted a visa
Restaurant Equipment Manufacturer	$50,000	$220,000	$102,000	Unemployed engineer
Computer Distributor	$81,000	$1,150,000	$275,000	Australian wanted to enter US market
Pizza Restaurant	$72,000	$420,000	$70,000	Unemployed manager
Printer	$90,000	$525,000	$274,000	Manager wanted her own business
Fabric Distributor	$185,000	$1,018,000	$244,000	Couple wanted their own business
Machine Shop	$140,000	$325,000	$345,000	Machinist wanted his own business