Well-Established Retail/Wholesale Service Business

A well-established retail/wholesale service business has come on the market. This business has been in operation for over 25 years and has a great reputation. No technical experience is required. The owner runs day to day operations and has a full, experienced staff on board. The business has been pre-approved for an SBA (Small Business Administration) loan. A new owner would have to invest $244,000 as a down payment, and based on historical data, would make $247,000 in the first year after paying back the loan. This loan includes a $50,000 working capital line of credit from the bank.