A 65 year old distribution business, located in Middlesex County, New Jersey, has come on the market. For a qualified buyer this business has been pre-approved for an SBA (Small Business Administration) loan. A new owner would have to invest $300,000 as a down payment, and based on historical data, would make $580,000 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 $500,000 which can be used as working capital.
