Business for Sale Overview:
RECOVERY BUSINESS IN LAS VEGAS WITH $1.7 MILLION IN ANNUAL CASH FLOW – This outstanding 17 year-old recovery business serves the Las Vegas market. It has long-standing relationships with numerous major area financial institutions, and, as a result, little marketing is required. The company’s 16 investigator and repossession vehicles are included in the purchase price. The entire operation is located within a single, fully-improved storage yard, which is also available for purchase at the Buyer’s option. Otherwise, the Owners will lease the premises to the Buyer at FMV. The company’s 40+ non-union employees are professional, experienced, and loyal. The Owner believes that they will stay with the company after the sale. There are several realistically-attainable expansion opportunities for this business, with minimal additional capital investment. The owner will stay to help the new owner transition into the business, and act as the “QM” for the company until the new owner obtains the required Nevada Private Investigator License. For the right Buyer, the current Owner would agree to assist in operating the business for an extended period, under an employment agreement. Financially-qualified Buyers may obtain a Confidential Business Review and Valuation of this business from Len Krick, Broker, at 702.856.4701.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist 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.