Impressive Growth Potential and 10 Year SBA Financing Available!!!

This full service information technology company provides solutions for computer networking, managed services, telephone systems, security and web design for small businesses.  Approximately 80% of their business is with commercial accounts.  The owner has surrounded himself with a staff of highly trained technicians and he will provide a new owner with training to ensure a smooth transition.  The company is poised for growth as they have recently begun a program to provide Master Support Agreements to smaller computer dealers in the Carolinas as wel as a newprogram for providiing telephone carrier services to their existing and future clients through a telephone systems company they recently purchased.  In 2010, these two programs will increase the cash flow on a continuing basis by $54,600 per year.  THIS IS AN OUTSTANDING OPPORTUNITY TO PURCHASE A BUSINESS WITH AN ANNUAL CASH FLOW OF $160,000, WITH ONLY $116,000 DOWN AND RECEIVE $50,000 IN WORKING CAPITAL FROM THE BANK!

Business is pre-approved for Bank/SBA Financing

Sale Price $525,000
Down Payment (20%) $116,000
Seller Note (Fully Amortized) $53,000
Working Capital (provided by bank) $50,000
Estimated Closing Costs $10,000
Total Project Costs $585,000

SBA Loan $416,000
Term 10 years
Interest Prime + 2.75% (currently 6%)
Monthly Payment $4,618

Call Greg White for details.