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Details - Information last confirmed on November 9, 2020
A 26 year old well-run service company with increasing revenue is for sale. No prior experience is required to replace the owner who is looking to retire. For a qualified buyer this business has been pre-approved for an SBA (Small Business Administration) loan. A new owner would have to invest $649,000 as a down payment, and based on historical data, would make $1,007,000 in the first year after paying back the loan. The bank financing includes a line of credit which can be used as working capital.
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