I am looking to purchase a Butcher/Deli in New Jersey. It has recorded a revenue of $1.5MM and a cash flow of $310,000 for 2023. It is currently being offered for $780,000. I can share more information upon request. I have already engaged in conversation with the SBA 7(a) loan officers, and they are prepared to get this deal started. I will be negotiating a seller note that will get us below the $500,000 threshold, therefore we will be able to close the deal within 45-60 days as it will be deemed an express loan.
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