Title Loan Company in South Houston Area

Not Disclosed, TX
Harris County

Asking Price: Annual Revenue:
$220,000 $296,449

Services: Financial, Accounting, Insurance

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RE: Title Loan Company in South Houston Area Broker: Bobbi Coffey
Owner Financing is Available!

Quick Facts

Asking Price: $220,000
Annual Revenue: $296,449
Net Profit: Not Disclosed
Cash Flow: $77,477
Total Debt: Not Disclosed
FF&E: $35,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 14544107
Broker Reference #: 76931-612234

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Business Overview:

Founded in 2009, this franchise offers a program to operate a consumer finance lending outfit offering vehicle title loans and other consumer finance lending (including payday and installment loans). It is the only consumer financial lending franchise in the US.

Established in October, 2015, this is the first franchise location in the State of Texas. After nearly three years and significant investment by the owner, the Company is poised to deliver over $75k in profit in 2018 (adding back customer discounts) and over $150k in 2019 with focus on smarter lending, improved loan quality, collection persistence, improved manager oversight and reduced cost from a smaller retail footprint.

The Company offers a service to facilitate vehicle title loans only but has the capability to facilitate payday loans, if so desired.

Business includes Repo inventory that changes on a regular basis.

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Property Features and Assets:

End cap off main interstate in South Houston

Reason for Selling:

Full time job

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 a franchise resale opportunity.

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