Using an SBA 7a loan to purchase a janitorial business

Question: Hey Beau, I have an opportunity to buy an existing janitorial business. It’s been in business for 3 years and is cash-flowing well. It’s on the market for $265,000. It’s doing about $500,000 in annual gross revenue. I’m waiting for the seller’s financials.

How would you recommend I start the due diligence process?

Thanks in advance,

Joe

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