- Advert ID: 630861
- (Seller ref: 1141)
Second Generation Distribution Business with Real Estate For Sale
- Location:
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Summary
- Asking price:
- $1,090,000
- Sales revenue:
- $3,190,000
- Net profit:
- $216,000
- Years established:
- 1948
- Employees:
- 16
Business description
A second generation distribution business established over 50 years ago, based in Mid Hudson Valley, New York, with exclusive territories for its products, has come on the market. This business includes real estate (warehouse/office).The business has been pre-approved for an SBA (Small Business Administration) loan. The new owner would have to invest $183,000 as a down payment to the bank and would make $115,000 the first year after debt service and own the real estate. We obtain SBA loans in about 2 weeks with very little paperwork.
Property information
- Real Estate:
- Real Property Included
Other information
- Reasons for selling:
- Relocation.
Contact the seller
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