Legal Collections Business In Chicago For Sale

Asking Price$199,900

Cash Flow

EBITDANot Disclosed

Gross Revenue$531,200

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Legal Collections Business In Chicago For Sale


Asking Price$199,900

Cash Flow

EBITDANot Disclosed

Gross Revenue$531,200

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
The sale price includes approximately 250 uncollected judgment cases, a research library and proprietary CRM system. All our client files, attorney networks, professional networks, referral networks, propriety systems, databases, propriety library of forms, processes, licenses, and procedures are transferable to the new owner. Included in the sale is a transition plan as well as unlimited ongoing training and support. The upside for the new owner to scale is significant.
Most people don’t understand that 80% of civil judgements are never collected. Because the market is so fragmented, we have little competition. We can work in all 50 states. Our propriety systems generate results that far exceed what many clients expect. Our systems are automated and don’t require outbound telephone solicitation looking for new business. Our propriety workflows and judgement research methods are state-of-the-art and the foundation of our success. We provide results for our clients where our competitors have failed. Our repeat business and referrals are excellent. We collect civil judgements at $1,000 with our largest collection being $1,200,000! This sale comes with:
- Propriety CRM system designed for our business, workflows and judgement research
- 250 vetted guaranteed judgements cases in our workflows
- NO new business telemarketing solicitation
- New business development systems that generate continuous flow
- We can operate in all 50 states
- Compliance with state and federal regulations
- Recession proof
About the Business
Years in Operation
11
Employees
3 Full-time
Facilities & Assets
FF&E is included. Contact for complete information
About the Sale
Transition Support
yes - training and support will be provided to the new owner
Financing Options
3rd Party, SBA, ROBS
Listing Info
ID
2457729
Listing Views
6

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Business Listed by: George Jackson Jackson Market Group

Listing ID: 2457729 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.