A well-established service business has come on the market. This business was established over 9 years ago. 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 $100,000 as a down payment, and based on historical data, would make $121,000 in the first year after paying back the loan. This loan includes $25,000 in working capital from the bank. Real estate is also available.
Want our monthly newsletter?
Just fill out the form below to receive our monthly insights:
What every business owner needs to know.
Our book can teach you how to plan now to maximize the sale price of your business.
What to avoid when selling your business.
Deal Killers is a practical guide for current and future business owners who will, at some point, consider the sale of their business.