Asking Price: Not Disclosed Gross Revenue: $5,210,000Cash Flow: Not DisclosedEBITDA: $681,000Inventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
The company is a provider of collection and receivables management solutions. The
company is licensed, insured, bonded and registered to collect nationwide and its
capabilities as a full call center provide the expertise to manage the life cycle of accounts.
· Highly experienced and motivated employees
· State-of-the-art technology in the collections industry
· Licensed in all states that require collections licenses
· Speech Analytics Managed Certified Professionals
· Professional Practices Management Certified
· SOC I, II and PCI Certified
About the Business
The company operates from a 17,500 sq. ft. facility leased from an unrelated third party. There is room to expand in the facility.
Growth & Expansion:
Opportunities · IT improvements maximize productivity by automating processes · Expand US sales force and online marketing strategy · Build West Coast presence · Focus on recruiting top talent to drive growth and performance · Research and develop new innovative financial solutions addressing client's specific needs
Experienced and Licensed Collections Agency in the Midwest
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 & Conditions.