Total of 18659 firms and businesses for sale today Wednesday 1st May 2024
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Sold. Debt Relief And Debt Settlement Services Firm

LISTING DETAILS
Firms For Sale ID:
28669
Vendor reference:
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
$5,000,000
Furniture, fixtures and fittings included.
Turnover / revenue:
$6,200,000
Net profit / cashflow:
$2,200,000
Years established:
4
Number of employees:
40

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
This 4-yr old southeastern US based company is a debt relief and debt settlement services firm with a presence in over 40 states. The owners have leveraged a proprietary sales and marketing system to develop an active client base of over 3,200 individuals. The company has growth and scale potential that is limited only by capital investment. As it stands, the company can expect to generate $6 million dollars in backlog business from its active client base without further investment. Because the revenue and operating models are lean and scalable, accelerated top-line growth can be achieved via further investment in sales & marketing. Each dollar of advertising has historically generated a 3x annual return. The company’s website draws 25,000 visitors per month. 1 in 20 website visitor signs up for debt relief services and results in a 90% annual client retention rate.