Established Collateral Repo Business - Recession Proof

Asking Price$169,999

Cash Flow
$99,875
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$208,982

InventoryNot Disclosed

FF&E$70,000
Included in asking price
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Established Collateral Repo Business - Recession Proof


Asking Price$169,999

Cash Flow
$99,875
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$208,982

InventoryNot Disclosed

FF&E$70,000
Included in asking price
Business Description
Be your own boss!!
The collateral recovery industry is unique in that it thrives during recessions, yet also maintains a steady volume when times are good and banks are lending more freely. The seller has developed strong relationships with direct lenders as well as national forwarding companies who frequently provide as many assignments as the owner can manage. The current owner is selling the business due to family reasons and will offer a comprehensive two-week training period in person, followed by two weeks of phone support to ensure a smooth transition for the buyer. If you would like more information regarding this repo business, please contact us.
About the Business
Years in Operation
3
Facilities & Assets
Lease Info:
Square Feet: Parking area
Total Monthly Rent: $500
Lease Expiration: Month to Month
Lease Options to Renew: Possible
Market Outlook / Competition
The industry is not highly saturated due to its stigma, making it an attractive sector for new entrants.
Opportunities for Growth
Growth potential by adding a spotter or a driver. Equipping truck with license plate reading cameras, would make the job quicker. Online marketing and lead generation. Cold calling to get on dept collection agencies, recovery management companies / Forwarders list. Operating with professionalism and integrity will help a new owner build relationships with lenders and forwarders. They are eager to work with recovery companies that operate with professionalism.
Real Estate
Owned or Leased
Leased
Rent
$500.00 per month
About the Sale
Seller Motivation
Family Reasons
Transition Support
4 weeks
Listing Info
ID
2379242
Listing Views
705

Contact Seller

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Business Listed by: Michael Tidwell Nashville Business Brokers, LLC

Listing ID: 2379242 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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