#2307 - 22 Yr Old Service Co w/Repeat Customers & Long Term Contracts

Asking Price$1,000,000

Cash Flow
$473,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$3,442,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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#2307 - 22 Yr Old Service Co w/Repeat Customers & Long Term Contracts


Asking Price$1,000,000

Cash Flow
$473,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$3,442,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Well-Established Business For Sale
A 22 year-old service business with repeat customers and long-term contracts in Kent County, DE has come on the market. For a qualified buyer this business has been pre-approved for an SBA (Small Business Administration) loan. A new owner would have to invest $209,000 as a down payment, and based on historical data, would make $234,000 in the first year after paying back the loan with owning the business and real estate. The bank financing includes a line of credit which can be used as working capital.
About the Business
Real Estate
Owned or Leased
Owned
Not included in asking price
About the Sale
Seller Motivation
Owner looking to retire.
Transition Support
Yes.
Listing Info
ID
2415809
Listing Views
41

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Business Listed by: BRG Benjamin Ross Group

Listing ID: 2415809 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.