A 31-year-old Niche Manufacturing Company in Union 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 $274,000 as a down payment, and based on historical data, would make $394,000 in the first year after paying back the loan. The bank financing includes a line of credit of $250,000 which can be used as working capital.
