Rare Opportunity-Cash Cow!

Columbus, OH (Franklin County)

Rare Opportunity-Cash Cow!
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Asking Price: $155,000

Cash Flow: $174,000

Gross Revenue: $580,780

EBITDA: $174,000

FF&E: $3,400

Inventory: $100*

Established: 2014

*not included in asking price.

Rare Opportunity-Cash Cow!

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Business Description

Loan Refi College-Cash flow!

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.

Detailed Information

Inventory:
Not included in asking price
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
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.
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.
Financing:
Cash Preferred
Support & Training:
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.
Reason for Selling:
Seller Profit
Business Website:
http://www.tristatebusinessauthority.com
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(from currently available funds)
 
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Carl Pallini

Business Listed By:
Carl Pallini

Tri State Business Authority

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