Hot Listing
Growing NJ NY Merchant Processing Portfolio - $3,599,000.00
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 $720,000/year
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 $720,000/year
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
- 13
- Facilities & Assets
- N/A
- Website
- https://www.platformbrokerage.com
- Market Outlook / Competition
- Very Strong Merchant Portfolio market in the NYC metro area. There are competitors but this is a very successful and growing operation that is competing and growing successfully in the market.
- Opportunities for Growth
- Easy to expand into other product lines. Also, this is a growing business so if you keep doing what the current owners are doing you'll be growing a strong pace.
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- All pre and post sale support and training will be provided to the buyer. All aspects of the business will be covered to ensure a smooth transition and comfortable operations.
- Financing Options
- Possible seller financing for the correct buyer group.
Listing Info
- ID
- 2415205
- Listing Views
- 48
Listing ID: 2415205 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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