Collections Agency Portable $6MM Judgment Portf

Los Angeles, CA
Los Angeles County

Asking Price: Annual Revenue:
$250,000 $263,000

Services: Financial, Accounting, Insurance

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RE: Collections Agency Portable $6MM Judgment Portf Broker: Rick Carlson
License #: 01820673
Owner Financing is Available!
If the price and deal structure is right.

Quick Facts

Asking Price: $250,000
Annual Revenue: $263,000
Net Profit: Not Disclosed
Cash Flow: $110,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1958
Employees: 1
BBN Listing #: 697027574
Broker Reference #: 993 Collections

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Business Overview:

This portable collections portfolio has about 5,000,000 +/- of collectable accounts on the books that are 0-4 years old. A portion of the accounts are also part of a roster of 300+ judgments for an additional $6.6MM as well. The judgments carry interest at 10% per year, all of them can be renewed, over and over, so in ten years this block is worth $12MM! The clients were very selective on whom they pursued, with only those debtors most likely to be paid as the ones selected. Clean operational history, no legal issues, C-corp. entity so ideally a stock sale would be best for tax efficiency purposes but we can deal with that later per Buyer preference if that’s a sticking point.

NDA is required for internal report analysis, financial due diligence package, and the opportunity to do a conference call with the Seller.

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Property Features and Assets:

Facilities: Relocatable nationwide.

Market Competition and Expansion:

Competition: Collections is a tough business mentally, however, the Seller has implemented a system within the collections space that treats people with dignity, gets the account squared away, and results in a profitable enterprise. Growth/Expansion: Existing replicatable template in place to be scalable for a more motivated owner operator. Other opportunities could be nurtured if someone with more enthusiasm for the business took over.

Reason for Selling:


Additional Details:

  • The property is owned.
  • 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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