Seller's Contact Information
- RE: #1208-50 Yr-Old Manufacturing Company Mercer Co NJ
- Contact: Benjamin Ross Group
Quick Facts
Asking Price: | $8,050,000 | |
Annual Revenue: | $9,870,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $2,552,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 9549342 | |
Broker Reference #: | #1208 |
Business Overview:
A 50-year-old Manufacturing Company in Mercer County, New Jersey, with long term repeat clients has come on the market. No specific industry experience is required to run 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 $1,000,000 as a down payment, and based on historical data, would make $1,368,000 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 $450,000 which can be used as working capital.
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Reason for Selling:
Owner looking to retire.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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