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May 14, 2020 — A recession resistant service company in South Carolina, making $560,000 profit a year, has come on the market. No specific industry experience is required. This business has been pre-approved for an SBA (Small Business Administration) loan. A new owner would have to invest $384,000 as a down payment, and based on historical data, would make $416,000 in the first year after repaying the loan. This loan includes $100,000 in a line of credit from the bank. The real estate is also for sale.
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