#2304 – 19 Year Old Service Business in Talbot County, MD

A 19-year-old Service Business in Talbot County, Maryland has come on the market. The owner is ready to retire and is seeking a businessperson to take over his company. Specific industry experience is not 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 $136,000 as a down payment, and based on historical data, would make $208,000 in the first year after paying back the loan. The bank financing includes a line of credit which can be used as working capital.