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Title & Payday Loan Co
| Asking Price: | $740,000 | Inventory: | |
| Gross Revenue: | $400,000 | Real Estate: | n/a |
| Cash Flow: | $226,000 | FF&E: | $10,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This highly profitable, low overhead title & payday loan company has two strategic locations - one in Cass County and one in Camden County Missouri. Each location is staffed and run by one full time manager. Cash flow averages 78% of revenues, with revenues coming in at $472k in 07, $304k in 08 and tracking towards $400k in 09. Asking price includes substantially discounted receivables at $140k. The building at the Camden County location is available for appraised value which is approximately $175k. For additional information, contact Mike Funk at Sunbelt / 913-433-2313.
About the Business
Year Established:2000
Employees:2 full time -
About the Sale
Reason For Selling:Other business interests
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Industry: Financial
Segment: Personal and Auto Lenders Next Listing: Micro Lending in Mexico
Last Viewed: National Franchised Learning Center
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