Debt Settlement Services
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $274920
Net Profit / Cash Flow $118261
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2007
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training 2 weeks, 20 hours/week.
Reason for Sale Pursue other interests.
Description Sales business for sale is a Debt Resolution Services & Management Company targeting consumers with an excess of $10k in unsecured debt. On average, they reduce their customer's principle debt balance by 40-70% without having to go through bankruptcy. The company meets or exceeds quality standards set by leading national debt settlement organizations such as TASC (The Association of Settlement Companies) and IAPDA (International Association of Professional Debt Arbitrators). They have consistently added new clients and overall growth since their inception 2 years ago. The core operation of the business involves managing the in house sales force who consult and qualify prospective clients. Adding sales personnel could easily enhance the current growth trend that the company is experiencing. The current book of business is approx $220k and is included in the sale price. The ideal new owner would have experience managing in house salespeople. Also, any direct marketing experience would maximize marketing dollars and thus the company's bottom line. An understanding of the debt resolution business would be helpful but not required as training is available. The owners are partners who are selling to pursue divergent interests. Interested parties should email or call Adam LaDuke at (310) 882-2200 ext 119 for more details on this exciting opportunity!
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