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Businesses For Sale: Listing Details
Listing Number: |
#1204 - 54 Year Old Service Company in Sussex County, NJ |
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Category: |
Service - General |
Price: |
$1,450,000.00 |
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Down: |
Yes |
County: |
Sussex County |
Gross Sales: |
$3,947,000 |
State: |
New Jersey |
Cash Flow: |
$522,000 |
Real Estate: |
Available |
Cash Flow Method: |
SDE |
A 54 year-old Service Company in Sussex County, New Jersey has come on the market. No specific industry experience is required to run and grow this company. For a qualified buyer, this business has been pre-approved for an SBA (Small Business Administration) loan. A new owner would have to invest $192,000 as a down payment, and based on historical data, would make $280,000 in the first year after paying back the loan, and own the real estate as well. The bank financing includes a line of credit of $300,000 which can be used as working capital.
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