#1193 - 26 Year Old Service Co in Syracuse Area NY

Syracuse, NY
Onondaga County

Asking Price: Annual Revenue:
$2,500,000 $2,764,000

Services: Non-classifiable

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RE: #1193 - 26 Year Old Service Co in Syracuse Area NY Broker: Benjamin Ross Group

Quick Facts

Asking Price: $2,500,000
Annual Revenue: $2,764,000
Net Profit: Not Disclosed
Cash Flow: $779,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 5933342
Broker Reference #: #1193

Email or Print Listing

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Business Overview:

A 26-year-old in service company in Onondaga County, New York is for sale. No specific industry experience is required and for a qualified buyer this business has been pre-approved for an SBA (Small Business Administration) loan. A new owner would have to invest $289,000 as a down payment, and based on historical data, would make $396,000 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 a homebased business opportunity.
  • This is not a franchise resale opportunity.

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