My partner and I are self-funded searchers looking for deals in New Jersey with an approx SDE of about 1.5m. We are in Monmouth and Union counties and are looking to acquire a business anywhere between or within a reasonable distance of those or any of the surrounding counties. This has been proving quite difficult and deal flow is light, so it was suggested to us to open up to relocatable business options. We are open to this, but are wondering if this would create a further complication with obtaining a loan from the SBA and would love to hear from anyone who has navigated something like this and/or has any thoughts or feedback they are willing to share.

Thanks so much in advance!