A well-established service company, located in Burlington County, New Jersey, with increasing profit has come on the market. No industry experience is required to operate and grow this business. For a qualified buyer, this business has been pre-approved for an SBA (Small Business Administration) loan. A new owner would have to invest $109,000 as a down payment, and based on historical data, would make $200,000 in the first year after paying back the loan. The bank financing includes a line of credit of $100,000 which can be used as working capital.
Owner looking to retire.
Yes.