| 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
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

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