A 30 year old manufacturing business in Pennsauken, NJ has come on the market. For a qualified buyer, this business has been pre-approved for an SBA (Small Business Administration) loan. A new owner would have to invest $503,000 as a down payment, and based on historical data, would make $579,000 in the first year after paying back the loan. This loan includes $600,000 in working capital from the bank.
Owner wants to pursue other interests.