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#2226 - A 21-year-old Electrical Contracting Company located in Hunterdon County, NJ
Listing #2226Hunterdon County, NJ
Key Financials
| Asking Price | $2,250,000 |
|---|---|
| Down Payment | $233,000 |
| Gross Revenue | $1,986,000 |
| Cash Flow | $782,000 |
About This Business
A 21-year-old electrical contracting company, located in Hunterdon County, New Jersey, with a strong base of repeat commercial customers 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 $233,000 as a down payment, and based on historical data, would make $457,000 in the first year after paying back the loan. The bank financing includes a line of credit of $150,000 which can be used as working capital.
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