A 26 year old well-run service company with increasing revenue is for sale. No prior experience is required to replace the owner who is looking to retire. For a qualified buyer this business has been pre-approved for an SBA (Small Business Administration) loan. A new owner would have to invest $715,000 as a down payment, and based on and average of historical data, would make $1,111,000 in the first year after paying back the loan. The bank financing includes a line of credit which can be used as working capital.
Owner looking to retire.