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- RE: Highly Effective Local Credit Repair Business
- Contact: Paul Stanworth
Quick Facts
Asking Price: | $149,000 | |
Annual Revenue: | $95,091 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $55,098 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2016 | |
Employees: | 1 | |
BBN Listing #: | 992471 | |
Broker Reference #: | 15541-485364 |
Business Overview:
This established credit repair business has an excellent reputation for repairing credit for individuals, specifically new home and car buyers who need assistance. Their proprietary system and automated dispute process quickly gets results by properly fixing errors on credit reports.
The current owner brings years of industry experience and has been successfully operating in Utah since 2016. Leveraging a proprietary, cutting-edge dispute resolution process, they consistently deliver real results, even as the three major credit bureaus evolve their protocols. This business remains at the forefront of best practices, ensuring clients receive expert care and a positive, results driven experience.
Potential Growth
The owner currently receives a high volume of referrals during the busy season (April-July). By hiring and training counselors, a new owner will be able to support additional growth resulting from a stronger social media presence and enhanced marketing.
Competitive Overview
While other companies may offer similar services, this business distinguishes itself through its professionalism, commitment to truly correcting credit report inaccuracies, and a consistent track record of results. Unlike many competitors, its offers transparent, fixed one-time pricing.
The most notable competitor in the credit counseling space is Lexington Law, alongside various other for-profit and non-profit organizations. However, none of these entities are licensed specifically for credit repair. Many also charge an upfront setup fee in addition to ongoing monthly charges. Prime 1 Credit Repair is among a limited number of fully licensed and bonded credit repair companies registered with the Utah Consumer Protection Agency.
Contact the Seller:
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Reason for Selling:
retirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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