A Business to Business service company located in Manhattan, New York City, has come on the market. This business has been established for over 26 years. The new owner does not need industry experience. For a qualified buyer, this business has been pre-approved for an SBA (Small Business Administration) loan. A new owner would have to invest $55,000 as a down payment, and based on historical data, would make $146,000 in the first year after paying back the loan. This loan includes $75,000 in working capital from the bank.
