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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