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Business For Sale
1236 - SPECIALTY MANUFACTURING BUSINESS
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Asking Price: |
$555,000
USD USA Dollars
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Business for Sale Industry: |
Manufacturing: Clothing, Jewelry
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Reason for Selling:
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Owner is retiring. |
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Year Established:
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1967 |
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# of Employees:
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6 |
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Yearly Cash Flow:
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$190,000 |
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Yearly Gross Income:
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$559,000 |
Business for Sale Overview:
A specialty manufacturing business located in Bergen County, New Jersey is for sale. This company has been in business for over 41 years and most of its revenue comes from repeat customers. This is a turn-key operation, requires no industry experience and is easy to run. The business has been pre-approved for an SBA (Small Business Administration) loan and seller financing is also available for a qualified buyer. A buyer would need $82,000 as a down payment and would make $107,000 in the first year after debt service, thereby recovering the down payment in 9 months.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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