Rare Opportunity-Cash Cow!

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Loan Refi College-Cash flow!
Asking Price:
$155,000

Gross Revenue:
$580,780
Cash Flow:
$174,000
EBITDA:
$174,000
Inventory:
$100
not included in asking price

FF&E:
$3,400
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Student Loan Consolidation business that is very profitable and recession resistant.
Huge growth through the booming field of student loans since 40 MILLION people need the service.

About the Business

Location:
Columbus, Ohio
Year Established:
2014
Number of Employees:
6
Facilities:
Truly the opportunity of a lifetime! Get into a business that throws off lots of cash flow!This is a goldmine!
Imagine a semi absentee operation in the student loan consolidation business.Millions and millions of people owe the Government 1000's of dollars and are paying anywhere from $300- to $500 to $1000 a month and most are having difficulty paying their loans.That's where you come in to bail them out by consolidating their loans,lowering their payment by 50%-80% or more with specialized software( that is linked to the Government) and 9 out of 10 students are going for this deal because it makes sense and it is a win-win situation for you the business owner and the student.You charge them a nominal fee-up to $1000 or so,process their application,and the whole process takes 90 days to kick in, and the student pays nothing during that time-they do pay your fee however.
Website:
www.tristatebusinessauthority.com
Market Outlook/
Competition:
Limited,there are credit card counseling services trying to do this and other lackluster entities who try it but no real competition.
Growth & Expansion:
Huge as you have 6 salespeople now and can grow the salespeople to higher levels.
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About the Sale

Reason For Selling:
Seller Profit
Training/Support:
Seller will train you at the business location for up to 6 weeks and you will receive proof that this business works like a clock!
If interested call Carl.
Seller Financing:
Cash Preferred

Listing Info

ID:
1186827
Ad Detail Views:
1425

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$
months
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Business Listed by

Carl Pallini

Tri State Business Authority

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U.S. Census Data for Delaware and Franklin Counties, OH
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Delaware and Franklin Counties, OH
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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