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Thirty Seven Year Old B To B Service For Sale

Gloucester County, New Jersey, US
Asking Price:
$1,200,000
Sales Revenue:
$1,269,000
Cash Flow:
$456,000

A business-to-business service company, with contracts in place, has come on the market. This business has been in operation for 37 years. 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 $125,000 as a down payment, and based on historical data, would make $307,000 in the first year after paying back the loan. The bank financing includes a line of credit of $300,000 which can be used as working capital.

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

Owner looking to retire.

Other Information

Support & training:

Yes.

Contact Benjamin Ross Group

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