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Details - Information last confirmed on June 21, 2021
A well-established and very profitable service company located in Berks County, PA is for sale. The company serves a diverse mix of recurring customers. Last year, no single customer accounted for more than 3.27% of gross sales, and most are repeat customers year-to-year. The company provides specialized services to its customers, which include schools, businesses, other organizations, and some individuals. There is also a small products division. Many customers prepay for services and products, which generates immediate cash flow and keeps accounts receivable low. The company has built an impeccable reputation for quality and customer service, providing a significant competitive edge in its niche.
This opportunity has been prequalified for a Small Business Administration (“SBA”) bank loan. The sale price of $669,500 can be financed with a $73,950 cash down payment. Based on historical data, a new owner would generate an annual net income of approximately $215,000 after making principal and interest payments to the bank. The loan amount includes bank closing costs and working capital.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.