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Business For Sale
SECURED LOAN COMPANY
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Asking Price: |
$1,300,000
USD USA Dollars
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Business for Sale Industry: |
Services: Financial, Accounting, Insurance
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Reason for Selling:
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Estate Settlement |
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Year Established:
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1968 |
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# of Employees:
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5 |
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Yearly Cash Flow:
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$113,500 |
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Yearly Gross Income:
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$430,000 |
Business for Sale Overview:
The oldest operating secured loan company in Columbia, TN. Prime downtown location with real estate and parking. 2nd floor of building is not occupied so new owner could rent out for additional cash flow. Staffed with five employees, one who has been there 35 years. Could easily be owner operated or absentee.
Property Features and Assets:
2,011 square feet building with parking in great downtown location.
Market Competition and Expansion:
Some local competition but this business is the oldest of its kind in the area.
Additional Details:
- The property is owned.
- The owner may be willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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