Amazing NY Merchant Portfolio - $3,600,0000 for $725,000 Net Income
Business Description
This Merchant Portfolio has a total of 193 locations, mostly in New York. The portfolio has Net Profit income that has been exceeding $60,000.00 a month and is still growing.
This is an ideal Merchant portfolio for existing or new operators with very strong numbers and a great regional presence with room to grow in New York and across the country! This portfolio has strong margins and high transaction volume. Great reputation and customer service make this a fantastic opportunity.
The owners are located in the NYC area and are active in managing and growing the business. They are willing to offer continued support and growth for the right buyer. The marketing strategy can be diversified to bring in additional clients. This Merchant portfolio company is operating as an ISO and its income is from ongoing residual payments from its processors.
Income - Net Profit of $60,000 /mo
193 Total Merchant Processing Locations
Labor: requires only 1 Employee part time - support included
Location Types- Convenience, Markets, Restaurants
The company will offer buyers training and support services to ensure seamless onboarding and continued satisfaction for the buyers and their team. You will quickly find how well this business has been built, guiding you to 100% confidence and freedom.
The owners have impressive backgrounds that have enabled them to implement process improvement and cost savings across the business. Also, they have grown the business dramatically with their sales and marketing efforts which continue to pay off. These changes will enable continued growth for a future owner.
Low - Chargeback & Refund History: frequency, patterns, risk exposure
Low - Attrition Rates: merchant churn over 12–36 months
Low - Revenue Concentration
Low - Seasonality: monthly fluctuations in volume or income
Merchant Tenure - High
Portfolio Diversity - Good diversity with No High Risk
- Processor Agreement: Agreement and residual rights transfer with sale
- Team/Support Staff: Employees can be included in acquisition
- Technology/CRM Systems: All systems and technology are included with sale
This is an ideal Merchant portfolio for existing or new operators with very strong numbers and a great regional presence with room to grow in New York and across the country! This portfolio has strong margins and high transaction volume. Great reputation and customer service make this a fantastic opportunity.
The owners are located in the NYC area and are active in managing and growing the business. They are willing to offer continued support and growth for the right buyer. The marketing strategy can be diversified to bring in additional clients. This Merchant portfolio company is operating as an ISO and its income is from ongoing residual payments from its processors.
Income - Net Profit of $60,000 /mo
193 Total Merchant Processing Locations
Labor: requires only 1 Employee part time - support included
Location Types- Convenience, Markets, Restaurants
The company will offer buyers training and support services to ensure seamless onboarding and continued satisfaction for the buyers and their team. You will quickly find how well this business has been built, guiding you to 100% confidence and freedom.
The owners have impressive backgrounds that have enabled them to implement process improvement and cost savings across the business. Also, they have grown the business dramatically with their sales and marketing efforts which continue to pay off. These changes will enable continued growth for a future owner.
Low - Chargeback & Refund History: frequency, patterns, risk exposure
Low - Attrition Rates: merchant churn over 12–36 months
Low - Revenue Concentration
Low - Seasonality: monthly fluctuations in volume or income
Merchant Tenure - High
Portfolio Diversity - Good diversity with No High Risk
- Processor Agreement: Agreement and residual rights transfer with sale
- Team/Support Staff: Employees can be included in acquisition
- Technology/CRM Systems: All systems and technology are included with sale
About the Business
- Years in Operation
- 15
- Facilities & Assets
- N/A
- Website
- https://www.paymentbrokerage.com/
- Market Outlook / Competition
- The NY market is one of the if not the strongest market in the country for Merchant Portfolios. There are competitors but the owners of this business have learned how to succeed consistently in the market. They will pass on this competitive edge during transition.
- Opportunities for Growth
- Easy business to grow as it is currently in growth mode and can continue to bring in many more clients. Also, it would be easy to expand into other products and services to offer the same clients.
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- The company will offer buyers training and support services to ensure seamless onboarding and continued satisfaction for the buyers and their team. You will quickly find how well this business has been built, guiding you to 100% confidence and freedom.
- Financing Options
- Possible seller financing for the right acquisition partner.
Listing Info
- ID
- 2415196
- Listing Views
Listing ID: 2415196 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. See our full Terms of Use. Learn how to avoid scams.
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