Third Party Debt Negotiation & Collections Company

Denver, CO
Denver County


Asking Price: Annual Revenue:
$2,050,000 $1,464,197

Services: Financial, Accounting, Insurance


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RE: Third Party Debt Negotiation & Collections Company Broker: Jamie Herald

Quick Facts

Asking Price: $2,050,000
Annual Revenue: $1,464,197
Net Profit: Not Disclosed
Cash Flow: $341,328
Total Debt: Not Disclosed
FF&E: $25,900
Real Estate: Not Disclosed
Year Established: 1989
Employees: 14
BBN Listing #: 8425708
Broker Reference #: 5535

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Business Overview:

Founded in 1989, this full-service third party debt negotiation and collection agency has over 32 years of experience in the industry. The Company collects consumer and commercial debt for a variety of clients throughout the region. Though they do not specialize in any industry, this company has in depth experience with Property Management Companies, Doctors, Dentists, Medical Facilities, Educational Organizations, Banks & Credit Unions & Retail Businesses. The Company is licensed in four states, fully bonded and is a member of two major credit bureaus and the American Collectors Association International. Working closing with their clients, credit bureaus, lenders and legal advisors to deliver superior results, the Company has become a trusted partner to a wide range of businesses in the region. The Company insists on employing only experienced and well trained personnel and has continually provided the highest quality service as a result. The management team has more than 100 years experience in the credit and collection industry. This is a unique industry and a rare opportunity as the Company is financially strong, has a great reputation, has well documented procedures and is set for growth in the future. This is an excellent acquisition opportunity for the right person or company. The current owner is looking forward to transitioning the business to a qualified purchaser who will continue to build and grow the business.

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Market Competition and Expansion:

The outlook for the Company is strong. The continuing expansion of Colorado economy fuels new opportunities, which is excellent for the Company’s continued prosperity. Private professional debt collection services is a growing industry which has historically not been affected by down economies, recessions, the stock market, or other outside influences. There is always an opportunity to acquire more business.

Reason for Selling:

Retirement

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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