Listing Number: 32941-203844
SBA 7(a) Qualified Business – It is not often that a business comes on the market that checks so many boxes for a buyer like this opportunity does:
SDE / OWNER BENEFIT: (EBITDA + Officer Compensation + Officer Insurance) - $356,004
SDE / OWNER BENEFIT: (EBITDA + Officer Compensation + Off. Insurance + All Add-Backs) - $369,978
LONG ESTABLISHED BUSINESS: The business has been in operation for 27 years.
STRONG NAME RECOGNITION: The business carries significant name recognition.
LOCATION: Located in thriving Raleigh, NC
HIGH PROFIT MARGINS: Product mix provides high profit margins.
WELL-KEPT FINANCIALS & TAX RETURNS: Provides for easy Due Diligence verification.
TRAINING: The new owner/s will receive up to (8) weeks of comprehensive training.
GROWTH: The seller’s have managed the company conservatively, providing huge growth opportunity for the future.
The business has been approved and is prequalified by several lenders for the SBA 7(a) Business Loan program, which has huge significance for any buyer. A buyer can be confident upfront that with this distinction, the company has been historically successful, profitable & is lender qualified with SBA backing. Beginning this year, the cash injection requirement for the buyer’s down payment has changed from 25% to as low as 10%, opening the door for many more people who have the spirit of entrepreneurship.
- Price: $965,000
- Down Payment: $965,000
- Sellers Discretionary Earnings: $439,134
- Total Sales: $953,849
- Location: Wake County, North Carolina
- Inventory: $10,000
- FF&E: $40,000
- Employees: 4
- Year Established: 1991
- Reason for Selling: Retirement
- Category: Signs