Return to search results

Semi-Absentee Owner Commercial Collections Company

Collin County, TX

Seller Financing Available
commercial collections
Contact Seller

Asking Price: $795,000

Cash Flow: $250,000

Gross Revenue: $833,419

EBITDA: N/A

FF&E: $2,000

Inventory: N/A

Rent: $2,756 /Month

Established: 2012

Semi-Absentee Owner Commercial Collections Company

Save Print Share Valuation Report

Business Description

*****UNDER CONTRACT*******

Extreme Growth For Sale

First Quarter alone has revenue half of what 2018 was!! Company did
$833k in 2018 and in first quarter has already done $403k!! Extreme Growth Happening! Owner currently works 10 hours a week, manager in place! This established collection agency has success in business to business commercial accounts. They also have international collections. Over 30 years of experience with the collection industry and they utilize several resources for debt collection success. They have received many awards for their outstanding services they provide and are growing at a fast rate with many different clients to service. The company offers collection of commercial accounts, arbitration and litigation services. Skip trace is another service that is offered which allows the company to directly access over two thousand databases worldwide to obtain records needed for successful collection processes. Owner is offering seller financing but is very firm on term! $400,000 down and $395,000 paid within 12 months!

Detailed Information

Location:
Collin County, TX
Real Estate:
Leased
Building SF:
1,741
Lease Expiration:
N/A
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Office in a Multiple Level Commercial Building All employees have been with the company over a year, some 3 plus years. The General Manager has been there 4 years.
Competition:
This company has a great reputation that is paying off, they are getting more and more larger commercial clients, hence the great growth.
Growth & Expansion:
This company is in extreme growth mode already! They should be over 2018 numbers by end of May!
Financing:
50 Percent down, balance in 12 months
Support & Training:
Owner willing to transition
Reason for Selling:
He owns other businesses
Contact Seller

Contact the Seller

Contact Seller Loading

Scott Hartman

Business Listed By:
Scott Hartman

BBDC

Show Phone Number

View My Listings


Sponsoring Broker:
Toby Barker

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1629777 Report an issue with this listing

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 of Use before responding to any ad.


Similar Listings


Xpresso Delight

Franchise Opportunity In TX
Cash Required: 100000