A 26-year-old in service company in Onondaga County, New York is for sale. No specific industry experience is required and for a qualified buyer this business has been pre-approved for an SBA (Small Business Administration) loan. A new owner would have to invest $289,000 as a down payment, and based on historical data, would make $416,000 in the first year after paying back the loan. The bank financing includes a line of credit which can be used as working capital.
- Asking Price:
- $2,500,000
- Sales Revenue:
- $2,764,000
- Cash Flow:
- $779,000
Business Operation
- Reasons for selling:
-
Owner looking to retire.
Other Information
- Support & training:
-
Yes.
