NLIC.org

Kurt Said:

Can you auto detail without a commercial business place?

We Answered:

depends where you live... home run businesses are common but getting the right certifications and meeting all the legal obligations can be a hassle

Steve Said:

How much do you sell private property for to a commercial business?

We Answered:

How much you want for it is a moot point here. You cannot sell private land for commercial use. There are zoning laws for a reason. If an area is only zoned for residential then this would be illegal use. Also, they are not going to allow a power plant to be put just anywhere. That all has to be approved by government & EPA.

Chris Said:

Selling commercial property with established business to county Government?

We Answered:

The website I use for the valuation of a going business is BizBuySell. The have about 50,000 businesses of every color and description across the whole United States listed for sale. Some listings are very detailed including gross sales, net income, etc., etc. For about $40 (that's good for 2 months as I recall) they will also generate reports for you with comparables of past sales, where you can modify the parameters as often as you wish. Here is their link:

http://www.bizbuysell.com/content/main/

Amy Said:

What should realtor fees be on commercial property / business?

We Answered:

Percentage rates vary. You may want to call different realtors. There is no set fee.

Lucille Said:

How can one start a commercial property business easily without fuss in Britain?

We Answered:

Pay for a good team of lawyers...

Tom Said:

i am a real estate agent and would like to know where to list a commercial property and business in kingman az

We Answered:

Commercial: Realtor, BizBuySell and LoopNet

Residential: Realtor and Craigslist

Brad Said:

Is it better to lease a storefront or buy commercial property for a start up business?.?

We Answered:

That depends entirely on your options.

Leasing is inherently inferior because it costs more in the long run. However, leasing may allow you to get a better location in the short term which could make up for the increased long-term cost with higher revenue.


No one can really give you a good answer here; you need to look at all the different properties that you could conceivably get, figure out how much money you have to spend on a storefront vs how much you'll need to start up the business (and be sure to have extra for unexpected incidents, and to cover the cost of the business as it builds popularity).

Assuming you have the spare cash and you can't get a sufficiently superior storefront through leasing, then buy it. The first point is important; though...Don't buy if you won't have enough spare cash to cover startup costs and get by while your business grows!

I disagree a bit with the above answer. If the business fails, then if you leased you're out a bunch of money and own nothing. If you bought, then you still have a valuable piece of property that can be resold (Or held on to if you think it'll gain value).