The Internet's Largest Business for Sale Marketplace

The Wall Street Journal Online

Multi-million $$$ fully incorporated Debt Collection Company

Kentucky

Services - Finance, Banking, Loans & Leasing | Services - Other Business Services

Asking Price $2,800,000 Inventory $25,000,000* 
Gross Income $700,000+ Real Estate  
Cash Flow $100,000 Year Established 1987
FF&E $40,000* Employees 10+

* included in the asking price

** not included in the asking price

Established business for sale profitable and positioned to grow

Cutting Edge multi-million $$$ Debt Collection Company for sale. With 10 employees, multi-services including front-end and legal account debt collection, credit/debt counseling and credit bureau explanation and a diverse client base this Debt Collection Company is well grounded. $25 million dollars total open accounts with over $18 million dollars worth of accounts in the Front-End Collections Department and over $6 million dollars worth of accounts in the Legal Department (Over 90% of Legal Account $$ are secured with judgment). New business averages $100k a month with annual gross revenue of $700,000+. With a hands-on owner focusing on sales/solicitation this business has the ability for rapid growth and expansion as the collections industry is virtually untapped in surrounding counties or an absentee owner could easily enjoy the profits on an annual basis with little to no involvement. Up down or sideways whatever the economy may do the necessity for a Collections Industry business is never ending.

Facilities: Leased office space approx. 3000 sq. ft, furniture, fixtures, & equipment

Competition: No competition of this caliber in area

Growth/Expansion: Unlimited growth and expansion possibilities - especially utilizing outside sales techniques.

Financing: None

Support/Training: Will assist in transition for up to 6 months

Reason Selling: Owners moving out of state

AD # 373926

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's Terms & conditions before responding to any ad.

-- Advertisement --