Transworld Business Advisors of Houston Gerald G. Brisson A fraud company. Katy Texas

Gerry,it is neither the time nor the place to post your resume online or try to use this stage for advertising your alleged successful deals.thank you

 You are a Broker and should act as intermediary between a vendor and a purchaser.you are employed to negotiate the sale,purchase,or exchange of lands/businesses on a commission contingent on success. you are not employed to be presumptuous. presumptions of facts do not compel a finding of the presumed fact but which warrant one when the basic fact has been proved. it is a common trend to reject the classifications of presumptions of "fact" and presumptions of "law". 

how in the world can you decide if someone is going to be approved or not without even getting his social security number??  you wanted the documents filled and then give the information about the business right away and whenever you receive the docs,there is no pre-requisit to get approved with the landloard or get approved with anyone in order to get the information.for you just to ASSume that it wont work is against the law and assume that its not going to work because of anything other than business and COMPLETE financial standing(which you did not get) would be illegal. I despise people who think they are the judge and jury and go on to create their own laws and own constitution!!! 

thanks to the stock market I had changed my mind and not interested in a small business like that.I am 100% sure I will get things done.heck,I owned a trucking company for 15 years and can use it to get me other businesses. but the Gas Station was supposed to be for my son as he is going to A&M this summer and it could generate enough income to cover his college tuition and expenses.

NEVER LOOK DOWN AT ANYONE UNLESS YOU ARE HELPING THEM!! I will make sure that before people work with you they know that you will pre-judge and pre-decide  based on NOTHING of substance !!!!  God bless all those who work hard and earn their bread honestly.

I can certainly appreciate your frustration and would like to find a way to help you.

As a business broker I must select buyers that meet the criteria of landlords, franchisors, sellers, and lenders. In many cases these stakeholders must approve the buyers before a deal can be done. As such I work to find the right buyer for the right deal. I look for the buyer that will be accepted by the relevant stakeholders. Each deal is different.

Last Friday I closed a sale in which the buyer was able to acquire SBA funding for 80% of the value of the business that he acquired. The loan was payable over 15 years. The business had very strong financials represented on their Tax Returns over a 3+ year period, was a franchised business, and the buyer was able to acquire a 15 year lease from the landlord. This business had all the elements required for a high LTV SBA loan.

Last week, I had a buyer Pre-Qualify at a Preferred SBA Lender for an SBA loan for another of the businesses I have listed. He pre-qualified for approximately 80% LTV. The business that he pre-qualified for has strong financials represented on Tax Returns for 3+ years and more than 10 years remaining on the lease. Again, key elements are in place for a highh LTV SBA loan.

Also last week, I had a buyer with cash in the bank equal to the asking price of the business rejected outright by the franchisor after enduring a 6 week franchisor vetting process. His rejection came "after" his offer was accepted by the seller. He was rejected by the franchisor because he did not meet the franchisor's financial requirments for liquid cash and networth. Again, he had 100% of the cash required to buy the business and was rejected outright by the franchisor. Unbeleivable as this may seem and very frustrating for all of us in the process. Unfortunately the franchisor must approve the buyer before the seller can sell his business.

In your case, the landlord must approve the buyer and has very tough selection criteria that we must work with. The landlord plays a much bigger role than is typical in the operation of the business. Their criteria makes 3rd party financing virtually impossible and the seller is not considering seller financing. We are forced to look for someone with industry experience prepared to pay cash for the business. As in the example above this makes finding the right buyer that much more dificult. Many excellent buyers do not meet the criteria established by the landlord.

In summary, understanding the decision makers and the selection criteria is important. Each business is different. The fewer the stakeholders the easier it is to get a deal done. Anytime you have a franchisor or landlord with tough approval criteria it can complicate getting a deal done. These deals are still doable, but you need to understand the rules before you get started to avoid wasting time.