A 41 year-old wholesale distribution company with repeat customers in South Jersey is for sale. A person with sales and/or general management experience can easily grow this business to the next level. No prior experience is required. For a qualified buyer this business has been pre-approved for an SBA (Small Business Administration) loan. A new owner would have to invest $73,000 as a down payment, and based on historical data, would make $199,000 in the first year after paying back the loan. The bank financing includes a line of credit of $150,000 which can be used as working capital.
