This northwest Missouri B2B document shredding & imaging business has been in operation for over 30 years. This is a simple, turn-key operation with long term, dedicated employees. The owner is ready to retire and motivated to sell! The operation generates amazing residual income providing shredding services to over 250+ customers on a monthly basis.
The company has 5 employees and many have been with the business for over 10+ years. The business has enjoyed increasing revenue growth even during COVID. Plus, there are significant opportunities to grow the operation.
The owner prefers to sell the real estate with the business and is asking $550k for the 18,000 square foot building. Additional leasing revenue can be generated by adding tenants to the property. A real estate appraisal is available for buyer review. The annual $179k cash flow is net debt service for the building. The business and real estate have been pre-approved for a 20 year SBA financing note for a buyer with a down payment of $140k+ that meets lender criteria.
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