Atlantic Canada Collection Agency for Sale

Not Disclosed, Nova Scotia

Asking Price: Annual Revenue:
$379,000 $302,147

Miscellaneous: Non-classifiable

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RE: Atlantic Canada Collection Agency for Sale Broker: 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

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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 a homebased business opportunity.
  • This is not a franchise resale opportunity.

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