Seller's Contact Information
- RE: Atlantic Canada Collection Agency For Sale
- Contact: Dan Murphy
Quick Facts
Asking Price: | $379,000 | |
Annual Revenue: | $302,147 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $132,172 | |
Total Debt: | Not Disclosed | |
FF&E: | 6,905 | |
Real Estate: | Not Disclosed | |
Year Established: | 1969 | |
Employees: | 5 | |
BBN Listing #: | 82104955 | |
Broker Reference #: | 9201-17003 |
Business Overview:
The business is a third party collection service providing professional recovery of delinquent accounts receivable throughout Atlantic Canada on behalf of a diverse client base for both Consumer and Commercial Credit Lenders.
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Property Features and Assets:
The business operates out of a small relocatable office. If the business is sold the lease can be terminated with three months notice, allowing a new owner to make other arrangements. Assets = $6,905
Market Competition and Expansion:
The industry does not have a large number of competitors but they are large in size and competent. This business is smaller, but much needed, and a competent alternative. Opportunities for growth lay largely with a new owner's ambition to grow market share in the existing Atlantic Provinces as well as grow beyond the borders of Atlantic Canada. There is also the opportunity to provide regional coverage for National Collectors.
Reason for Selling:
Owner Retiring.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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