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Business For Sale
CONSUMER LENDING FIRM
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Asking Price: |
$1,200,000
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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Other Business Interests |
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Year Established:
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2001 |
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# of Employees:
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9 |
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Yearly Revenues:
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$1217884 |
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Yearly Cash Flow:
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$506606 |
Business for Sale Overview:
This deal has been pre-approved for bank lending for a qualified buyer.
This Lending company specializes in providing quick and convenient short-term, unsecured installment loans to consumers in need of funds to cover unexpected expenses or anticipated financial shortfalls. The company has been able to provide a needed community service that has been ignored by traditional banks and lenders. Without access to these types of short-term loans many clients would be faced with undue hardships and family crisis.
Founded 9 years ago, the owners acquired this business 6 years ago and have turned it around so much so, that it now grosses over $1 million dollars annually and has enabled the owners to work part-time, while pursuing other opportunities.
This is an outstanding opportunity for someone with a solid business background who wants to manage a thriving entity with infrastructure.
Additional Details:
- The property is leased.
- The owner is 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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