#1196 – 27-Year-Old Manufacturing Company in Newark, DE

A 27 year old manufacturing company in Newark, Delaware is for sale. Revenue has increased each year over the last 4 years, even during and after Covid. So far in 2022, the revenue is 30% above the previous year.  For a qualified buyer, this business has been pre-approved for an SBA (Small Business Administration) loan. A new owner would have to invest $207,000 as a down payment, and based on historical data, would make $348,000 in the first year after paying back the loan. The bank financing includes a line of credit which can be used as working capital.

By | 2022-11-28T11:32:27-05:00 November 28th, 2022|Uncategorized|Comments Off on #1196 – 27-Year-Old Manufacturing Company in Newark, DE

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