Djb Realty, LLC Blog by David J. Britton, broker/owner

Leverage, the Nice? word again? / www.DjbRealty.com

Leverage.?!!

Oh....boy.  I can already see the hate mail coming my way.  Leverage?!! Are you kidding me Diamondave?!!  Isn't that what got us into this whole mess to begin with??!!

To answer.....YES.  Yes is it a part of what caused a huge leverage bubble to be created and is now deflating.

However......this is EXACTLY why it is time to Leverage now.

Huh....???

Most people understand fairly easily that residential homes are being given away at 30-50% of their prices just 24 months ago.  Most of these prices represent values BELOW the raw cost of the materials....and valuing the land at zero.

The problem with the above statement is most people can't qualify for a loan to purchase the homes!  

So the question is this.........

How can the average person exploit the opportunities in today's market and avoid the banks altogether?

The answer is to broaden your search to main street businesses.

Most businesses on the market today are drastically below their peaks (some as much as 90%!) and the best thing is this......

MOST OFFER SELLER HELD NON-QUALIFYING FINANCING!!!

To good to be true?  Answer is yes and no. (I know political answer).  The Yes to the answer is that you must understand your PERSONAL risk vs. reward levels.  Understand that most businesses in todays economy are losing money or at break even.  If a company is spinning of a healthy owner benefit, the offering price will reflect as such.  The items to consider is the business forecast.  Can the business losses added to the purchase price provide the desired return on invested capital while maintain the risk parameters that you seek?  

In today's tight lending society, it is very difficult to obtain financing through conventional means for the purchase of a business (especially one that is cash flow negative).  The offering of a seller held note can give the main street business owner the LEVERAGE needed that is normally not available.

Always take time to complete good due diligence before entering into any contract.  Get the advise of your TEAM.

DJB Realty, LLC is a boutique entrepreneur business brokerage.  Visit www.DjbRealty.com for more information. 

Price Reduced on SPORTSBAR in USF & Busch Garden Area!!!

Busch Garden Area, Tampa  -  Announcing a price reduction on 5016 E Busch Blvd, a 3,500 sq. ft. commercial ""Business Only"". Now MLS® $105,000 - REDUCED! Asset Sale! WOW!.

Property information

SportsBAR For Sale in USF & Busch Garden Area

SportsBAR by USF & Busch Gardens!!

• 3,500 sq. ft. commercial ""Business Only"" - MLS®$115,000

Busch Garden Area, Tampa  -  ** BUSINESS ONLY / NO REAL ESTATE INCLUDED / ASSET SALE ** SportsBar Available. Complete & Turnkey. Full kitchen with hood system, tri-fryers, bread oven, cooktop, walk in cooler, prep tables, & equipment. POS System, MultiTap Kegarators, Glass Sliders, Owned Pool Tables, Booths, Tables, Chairs. 4 Bathrooms, Office, Xtra Large Bar with stools. Newly Painted in USF colors. Multiple TVs, security cameras, storage, and speakers. Freshly Cleaned & ready for owner/operator to bring menu, marketing, & business plan.

Located on heavily travelled main road on corner retail strip parcel. New anchor tenant has Grand Opening this month. Strip center is fully occupied. Very close to University of South Florida & Busch Gardens Ammusment Park.

Exceptional opportunity for Restaurant/Bar purveyor with marketing abilities. Business is open and has been operational since 1993. Current owner is offering business as an Asset Sale only which has been reflected in offering price. Owner will entertain all reasonable offers. Possible transfer of existing seller held note financing with note holder approval.

For further information, please forward Non-Disclosure Agreement found under Attachements Tab on the left with a copy of photo ID via scan & email to Dave@DjbRealty.com, if prefered fax to 813-991-7756.

Property information

ALERT!! Federal Reserve has been slowing the buying of Treasuries...........reported on CNBC yesterday!!

This news is HUGE for anyone looking at purchasing anything!!

Basically, if the FED is slowing its purchase of Treasuries...........we will start to see interest rates go up.

If anyone is looking to lock in rates, make an offer, or purchase.....MOVE soon!!

Rates look to be heading higher... 

HAPPY NEW YEAR!

From all of us at www.DjbRealty.com, Happy New Year!  May all your Dreams come true!

Liquor Store For Sale in Trinity / only 25k + Inventory down, 225k SBA loan in place!

LIQUOR PACKAGE W/ LOW DOWNPAYMENT!!

• 1,300 sq. ft. commercial ""Business Only"" - MLS® $250,000 - 225K SBA LOAN!!

Trinity, Pasco County  -  **BUSINESS ONLY / NO REAL ESTATE / LOW DOWNPAYMENT** SBA transfer of financing (subject to approval) of 225K. Well appointed liquor package store located in Trinity area. Walk in cooler, gandolas, cigar humidors, POS system, customers, & financing make this true turnkey for the owner operator looking to grow a business. 3AP license is included. Inventory of 95k is NOT included in asking price. **Please download & forward non-disclosure agreement located in the attachements for release of location and/or financials. Fax non-disclosure to 813-991-7756 or scan and email to agent at dave@djbrealty.com. Include photo ID with non-disclosure please** Owner is licesned agent.

Property information

Merry Christmas and Happy Holidays from www.DjbRealty.com!

Everyone at www.DjbRealty.com would like to wish all the Entrepreneurs out there a Merry Christmas and Happy Holidays!

The NEW "short sales"......distressed businesses / www.DjbRealty.com

Did you miss the boat on the residential "short sale" explosion? 

If you are one of those who are filled with the "I only shoud have", "If only I had...", etc. etc.....

then take this as EARLY Alert.........

Think Business "short sales".

Though most businesses do not have mortgages on them, there are many that have seller held financing, 1st leins, equipment leases, vacant tenants, landlord claims, etc.  The vast and enormous range of this market will dwarf what was experienced in the residential short sales which we saw.

These next few years will mark a phenomial opportunity for the quick and savy entrepreneurs.  There has simply never been a time in history that so many "turnkey" operations are possible to obtain at pennies on the dollar.

HOWEVER..........

Understand that there is various degrees of risk in ALL business transactions.  Meet with your professional TEAM and review your risk paramiters to make certain you know your upside vs. downside BEFORE you enter a business.

We may not see this rare occurance of risk vs. reward at this level in our lifetimes again.

Simply put....it is worth the time and effort to explore further.

Djb Realty, LLC is a boutique licensed business brokerage & commercial investment real estate firm located in Tampa, FL.  www.DjbRealty.com. 

Djb Realty, LLC Online Store Now Open / www.cafepress.com/DjbRealty

Djb Realty, LLC has officially launched its online storefront showcasing items with the Djb Realty, LLC Logo.  From T-Shirts to BeerSteins, there is something for all.

Take a moment and view something for yourself or a gift for a friend at our online shop;

www.cafepress.com/DjbRealty

Have a great Day!

Price Reduced!! BEER Lovers BAR for Sale in St. Petersburg!

Central Avenue, St. Petersburg  -  Announcing a price reduction on 2061 Central Ave, a 1,800 sq. ft. commercial "Business Only". Now MLS® $39,500 - Beer Pub UNDER 50K!!.

Property information

"Key West" Style Waterfront BAR / Tavern with Boat Drive in Service!

If living the Florida dream lifestyle is your paradise, you must see this business offered on www.DjbRealty.com. 

They say pictures are worth a thousand words so click here;

http://www.djbrealty.com/Listing/ViewListingDetailsAuthenticated.aspx?ListingID=8609532&Preview=false&TabID=2247587

Is now the Best time to Buy a Business?

We have all seen the news reports that now may be a great time to buy a home with low interest rates, forclosure prices, and flexible sellers.  I have to ask though, where are the stories say now is the time to buy a busiess?

Let's look at a quick example.....

There are many businesses that are being sold for LESS THAN YOU CAN START FROM SCRATCH!  This effectively places a large portion of businesses valued at LESS THAN ZERO if compared as a start point basis.  Simply put, this is a fairly rare occurance on suge a large scale.  When putting a value on FF&E, Leasehold, License & Permits one should compare this to starting from scratch.  In alot of offerings, the business buyer today is receiving all goodwill and sometimes leashold almost for FREE. 

Understand that there is added risk for this opportunity though as most companies that are offered at these values are not performing at optimal levels, however when properly forcasted in a business plan, it may be in the risk/reward paramaters that are worth pursuing.

Always get the added advice of your TEAM when considering if a purchase is right for your unique situation.

Djb Realty, LLC is a boutique Business Brokerage firm in Tampa, FL.  www.DjbRealty.com 

Beer Garden in St. Petersburg Hires Djb Realty, LLC to Showcase and Offer Business for Sale

Oktoberfest everyday! Beer Pub for sale UNDER 50k!

Oktoberfest Daily!!

• 1,800 sq. ft. single story - MLS® $49,500 - Beer Pub UNDER 50K!!

Central Avenue, St. Petersburg  -  ** Note / Priced to Sell ASAP, wife says sell or else! ** BUSINESS ONLY / NO REAL ESTATE ** Oktoberfest daily with 20 Beers on Tap & 60 Bottled Beers! Fantastic buildout w/ high ceilings & a City feel. Huge Walk in Cooler w/ tap lines, Full POS system, 3 door Glass slidder, Flat screen Tvs, Tons of wooded Pub chairs & Tables, Large Custom made Bar, Sandwich prep, 3 compartment sink, & much more. Room for Expansion w/ adjoining space available. Just One look at this & you will want it. Act quick on this .. it is priced to go FAST!

Please fill out Non-Disclosure found under the attachement link to the left and forward via scan and email to Dave@DjbRealty.com to receive more information and location. If prefered, fax to 813-991-7756.

Property information

Commercial Short Sale Investing / www.DjbRealty.com

It is on the horizon and coming.  2010 starts a big year in commercial real estate with an estimated 40% of the 2 TRILLION dollars of notes held coming due through balloon payments. This number simply dwarfs what we saw in residential.

So what to do?

Get prepard now.  Secure your TEAM now. Be ready at a moments notice.  Some say success in nothing more than prepardness meeting opportunity.  I say the same, but sprinkle a little luck on that too.

Sign up for automatic alerts of opportunities. ( you can have this done at www.DjbRealty.com for FREE ) Most real estate website will offer some type of notification system.

Get your financing in place NOW.  This goes WAY beyond a pre-qual letter from your local banker that really isnt worth the paper it is written on.  Talk to your TEAM about this.

Have a emotional prepardness to make this move.  The best opportunities will be grabed in a mater of MOMENTS and you will not have time to analyize and study everything about it forever.

Final note.  Be Brave.  This is one of the most unique times in history for investors.  Except for the Great Depression, there has NEVER been so many distressed prices on hard assets.  It is a cycle and does not last forever.  This is one time you will be talking to your Grandchildren about.

Dream Big & Have a Great Day!

Djb Realty, LLC is a boutique Business Brokerage & Investment Real Estate Firm in Tampa Bay, FL.  Visit www.DjbRealty.com for more information.