Incredible NY based Merchant portfolio - 211 locations - $3,750,000
Business Description
This New York based 211 location Merchant Portfolio is priced at $3,750,000. The portfolio’s owner has developed a cutting edge system, effective in operating and growing this merchant portfolio. “The portfolio is thriving, with many known installations and referrals coming up in the pipeline.”
The owners have implemented 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.
211 locations, mostly in New York area
Net Profit income of over $70,000.00 a month
Very strong margins and high transaction
Great regional presence with room to grow regionally and nationally
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. They currently offer:
- Full Service Merchant Processing
- POS Sales
“The portfolio is designed to minimize labor on the owner, and each location is chosen carefully to meet a target minimum earning threshold.” 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 owners truly believe that if they “Provide the best possible service at competitive rates and treat every client like family” that they will find success. These beliefs have helped they grow and succeed with a happy client base.
Income – Monthly Net Profit $70,117.00 in the past 6 months
Yearly Net Profit of nearly $721,404.00 / annualized
Number of Machines - 211 Merchant Processing Locations
The owners have implemented 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.
211 locations, mostly in New York area
Net Profit income of over $70,000.00 a month
Very strong margins and high transaction
Great regional presence with room to grow regionally and nationally
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. They currently offer:
- Full Service Merchant Processing
- POS Sales
“The portfolio is designed to minimize labor on the owner, and each location is chosen carefully to meet a target minimum earning threshold.” 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 owners truly believe that if they “Provide the best possible service at competitive rates and treat every client like family” that they will find success. These beliefs have helped they grow and succeed with a happy client base.
Income – Monthly Net Profit $70,117.00 in the past 6 months
Yearly Net Profit of nearly $721,404.00 / annualized
Number of Machines - 211 Merchant Processing Locations
About the Business
- Years in Operation
- 9
- Employees
- 3 (1 Part-time, 2 Contractors)
- Facilities & Assets
- N/A
- Website
- Show Website URL
- Market Outlook / Competition
- They are in a growing market that they have successfully landed new locations regularly. Their is competition but the sellers have a clear path to continued growth and success.
- Opportunities for Growth
- Easy to grow with continuing the current sales plan. Also, it's easy to expand into other products and services to offer to the same client base.
About the Sale
- Seller Motivation
- Moving
- Transition Support
- Sellers will provide the buyer with comprehensive training as well as ongoing support to ensure the continued success of the portfolio.
- Financing Options
- Possible earn out structure with the right offer.
Listing Info
- ID
- 2555046
- Listing Views
- 21
Listing ID: 2555046 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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