A 20 year old recession resistant service company in Bergen 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 $198,000 as a down payment, and based on historical data, they would make $307,000 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.
