#2304 - 19 Year Old Service Business Talbot Co, NJ
Not Disclosed, MD Talbot County
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- RE: #2304 - 19 Year Old Service Business Talbot Co, NJ
- Contact: Benjamin Ross
Quick Facts
| Asking Price: | $1,025,000 | |
| Annual Revenue: | $2,349,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $388,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 944088 | |
| Broker Reference #: | #2304 |
Business Overview:
A 19-year-old Service Business in Talbot County, Maryland has come on the market. The owner is ready to retire and is seeking a businessperson to take over his company. Specific industry experience is not required. For a qualified buyer, this business has been pre-approved for an SBA (Small Business Administration) loan. A new owner would have to invest $136,000 as a down payment, and based on historical data, would make $208,000 in the first year after paying back the loan. The bank financing includes a line of credit which can be used as working capital.
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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
Relevant Links:
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