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A recession resistant service company in Western North Carolina, making $841,000 profit a year, has come on the market. No specific industry experience is required. This business has been pre-approved for an SBA (Small Business Administration) loan. A new owner would have to invest $650,000 as a down payment, and based on historical data, would make $525,000 in the first year after repaying the loan. This loan includes $100,000 in a line of credit from the bank. The real estate is also for sale.
Owner looking for a new challenge.
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