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Debt Collection and Recovery Agency - SOLD
| Asking Price: | $550,000 | Inventory: | |
| Gross Revenue: | $600,000 | Real Estate: | $100,000 ** |
| Cash Flow: | $188,000 (comments below) | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
| Cash Flow Comments: Discretionary Earnings | |||
This professional debt collection agency is one of the most successful, well-respected agencies in the area with a pedigree client list of medical facilities and electric providers. The main focus of the Company is educating the debtors of all liabilities and actions they could face for non-payment rather than threaten them with consequences. This business approach is simple; however, this strategy is what sets the Business apart from most other collection agencies. Clients are able to log in to a very well designed web site to print reports, submit collection accounts, report payments, and receive collection inquiries. The Company utilizes a very cost effective Noble Predictive Dialing System. All of this collectively makes this a very profitable and well-respected agency. This is neither an offer to sell nor a solicitation to sell securities. SOLD
About the Business
Year Established:1990
Employees:7 full time -
Relocatable:Yes
Facilities:Owned by Seller and can be purchased for $100,000
Market Outlook and Competition:Excellent prospects for growth with rising medical and utility costs. Ideally located in a strong economic region of the U.S. that enjoys a healthy market with an excellent long-term growth outlook. The seller is willing to stay for a reasonable amount of transition time and enter into a non-compete agreement and include trade name with other intangible assets to be sold.
About the Sale
Reason For Selling:Seller is preparing to enter full-time ministry work
Seller Financing:Owner will consider limited financing, depending upon other terms of transaction.
KEYWORDS: debt collection, debt recovery
Sell Your Business | This listing has been viewed 1385 times
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Industry: Financial
Segment: Collection Agencies | ||
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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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