#2305 - 32 Yr Old Service Business Frederick Co MD
Not Disclosed, MD Frederick County
Asking Price:
$1,450,000
Annual Revenue:
$3,690,000
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- RE: #2305 - 32 Yr Old Service Business Frederick Co MD
- Contact: Benjamin Ross
Quick Facts
| Asking Price: | $1,450,000 | |
| Annual Revenue: | $3,690,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $515,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 980035 | |
| Broker Reference #: | 2305 |
Business Overview:
A 32-year-old service business in Frederick County, MD 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 $151,000 as a down payment, and based on historical data, would make $293,000 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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Reason for Selling:
Owner looking to retire.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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