Debt Settlement Business For Sale
www.GlobalBX.com
Listing ID:
700151353
Listing Title:
Debt Settlement Business For Sale
Quick Link:
http://www.globalbx.com/listing.asp?bId=151353
Industry:
Business Services
Industry Segment:
Financial
Country:
United States
State / Province:
Missouri
Area
City:
Asking Price Range:
$250K - $500K
Gross Revenues:
$265,000
Cash Flow:
$102,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2001
Number of Employees:
1 - 3
Business Description:
This Company represents individual clients who have unsecured debt which they can't pay. They negotiate with their clients' creditors, mostly large banks and credit card companies, and they are able to save their clients between 30% and 80% of what they owe. This can be the most practical way for individuals who are in over their heads to avoid bankruptcy and settle their debts fully and legally. Company collects fees from clients amounting to 25% of the amount that they are able to get forgiven( savings ) by the creditors. economy. You probably hear radio ads in your car for debt settlement .
Growth/Expansion: Until there is a full economic recovery, which many economists believe will not happen for several years, the business of debt settlement will continue to grow at a high rate. Experts predict that even after recovery, consumers will continue to need this service and the industry will continue to prosper.
Seller Financing Available: NO
Selling Price: $ 300,000
Support/Training: Seller wants the new owner to succeed, so he will be available to train for up to four weeks, full time (included with the purchase price), and is willing to stay on as a consultant for a reasonable fee if the buyer wishes.
Reason Selling: Owner runs two other businesses which need more attention.
Contact for more information on this debt settlement business for sale.
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