Small Business Owners Guide to Buying Commercial Real Estate

You’re at an important threshold… Are you ready to purchase commercial real estate?

Whether you are ready to take your small business to the next level, or standing on the ground floor of a new endeavor, this guide will help you navigate the demanding research, and planning needed to demonstrate your business profits can pay for the real estate loan, and that positive cash flow will not be interrupted.
The TSBDC provides this and other guides for you to use at tsbdc.org/downloads.

Here is what you will find:

p. 4 — Professional Team: How and who should I gather? Broker? Legal? Advisor? Etc.

p. 6 — Analysis & Appraisal: Important analysis methods and questions, & Three appraisal methods.

p. 8 — Lenders & Loans: Important information like commitment letters, term sheet, environmental inspection etc…

p. 12 — Business Plan: Professional team, Description, property history and more(a more detailed guide on business plan here)

P. 14 — Financial Statements: Balance Sheet, APOD, Profit & Loss/P&L, and Cash Flow.

p. 19 — Purchase/Sale/Closing: Time Management, Transparency, price safety net, and expectations.

📌 Access the complete guide created by the TN Small Business Development Center here.