This company provides title loans from 14 offices in 3 Western states, and is pursuing licensing in an additional state. The company typically offers lower rates than any of their local-market competitors, and much of their business comes from being the market leader in their respective territories. These strategic locations and competitive service pricing provide significant competitive advantages.
Their unique advertising strategy also allows them to create and air campaigns quickly and cost-effectively, attracting new customers and improving current customer retention. The company has outlined a workable plan for continued growth using the infrastructure currently in place. Asking price is $7,000,000 and includes $2.7 million active loan portfolio. Seller financing is negotiable for a qualified buyer.