A 20 year old residential plumbing and heating service company in Bergen County, New Jersey has come on the market. For a qualified buyer, this business has been pre-approved for an SBA (Small Business Administration) loan. A new owner would have to invest $208,000 as a down payment, and based on historical data, would make $299,000 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 $100,000 which can be used as working capital.
- Asking Price:
- $1,200,000
- Sales Revenue:
- $1,441,000
- Cash Flow:
- $544,000
Other Information
- Support & training:
-
Yes.
