$2 Million First Mortgage Lien.. 9% Preferred Return

Staten Island, NY (Richmond County)

$2 Million First Mortgage Lien.. 9% Preferred Return
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Asking Price: Get Financing: $2,000,000

Cash Flow: $500,000

Gross Revenue: $2,500,000

EBITDA: N/A

FF&E: N/A

Inventory: $600,000*

Real Estate: $31,580,000

Established: 2001

*not included in asking price.

$2 Million First Mortgage Lien.. 9% Preferred Return

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Business Description

This is a well established plumbing and contracting company that nets over $500k annually. they own and operates on prime NYC industrial property worth 3,150,000 per a recent appraisal and are looking for a partner interested in a first collateral lien over 12 months . This is a great opportunity for a passive partner to be fully collateralize. The company is making some improvements to the property and business to fully utilize the land.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
10
Facilities:
Industrial building
Competition:
Well established
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(from currently available funds)
 
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Demond Wilkerson

Business Listed By:
Demond Wilkerson

Modern Commercial Capital Institute

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