A recession proof Healthcare Company, located in Essex 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 $63,000 as a down payment, and based on historical data, would make $156,000 in the first year after paying back the loan. The bank financing includes a line of credit of $150,000 which can be used as working capital.
- Asking Price:
- $600,000
- Sales Revenue:
- $949,000
- Cash Flow:
- $251,000
Property Information
- Real Estate:
-
Lease
Business Operation
- Reasons for selling:
-
Owner looking to retire.
Other Information
- Support & training:
-
Yes.
