Profitable remanufacturing business, potential $3m. California.
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Asking Price
$5,000,000
Detailed Information
Business Description
An exciting opportunity awaits for those considering a $5 million investment in a lucrative business, poised to generate over $1 million in net income. This business operates in the profitable municipal government sector, offering reliable and prompt payments for services rendered. With an initial investment in remanufacturing equipment valued at $1.75 million, the business anticipates a sizable profit of $1 million by 2024, potentially growing to $3 million by 2028. A recent valuation of the business suggests a fair market value of $4,922,500, taking into account various key factors influencing its performance and future growth prospects. Based on the normalized net income and equipment value, the updated valuation by the end of 2024 is expected to reach $6,403,000. This valuation is a testament to the business's potential for substantial returns, offering investors an opportunity to maximize their profits and secure a strong return on investment. In conclusion, this business presents a rare opportunity for investors seeking high returns