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Auto repossession
| Asking Price: | $2,900,000 | Inventory: | |
| Gross Revenue: | $2,075,000 | Real Estate: | $520,000 ++ |
| Cash Flow: | $700,000 | FF&E: | $500,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This solid, well established collateral recovery business is a leader in the field in the DFW Metro area. Their continual growth since the business was established in 1994 has been tremendous, with a performance and customer satisfaction track record that’s second to none. This business has earned its excellent reputation in the industry! The business is housed on 2.08 acres of land purchased in 2005 included in the asking price. By the end of that year, a new state-of-the-art business complex had been erected on the property, including a 4,800 square foot stand-alone building and nearly 2 acres of secure concrete for storage. A conference room is also available within the building for client relations meetings. 8 trucks are owned by the company. All are 1-2 years old, and in excellent condition. Property location is super for covering the 8 counties serviced, with it being close to both Interstates and auction houses. Location provides for easy access by both recovery agents and clients, yet is in a safe, out-of-the mainstream locale. A nice website has been established to promote the business. Current hours of business operation are 8-5, Monday-Friday.
About the Business
Year Established:1994
Employees:14 full time -
Facilities:4800 stand along building with nearly 2 acres of secure concrete for storage
About the Sale
Management Training and Support:Owners will assist with transition
Reason For Selling:Owners wish to retire.
KEYWORDS: auto, repossession, collateral recovery
Sell Your Business | This listing has been viewed 63 times
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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