IFG Franchise: Buy Receivables For High Income
www.GlobalBX.com
Listing ID:
70081428
Listing Title:
IFG Franchise: Buy Receivables For High Income
Quick Link:
http://www.globalbx.com/listing.asp?bId=81428
Industry:
Business Services
Industry Segment:
Financial
Country:
United States
State / Province:
New Jersey
Area
City:
Asking Price Range:
< $250K
Gross Revenues:
$100,000
Cash Flow:
$100,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2005
Number of Employees:
1 - 3
Business Description:
Must sell: Interface Financial Group (IFG) franchise. Other business involvements do not allow me to dedicate the needed 20 or so hours a week. Interface is an international franchise that has been operating since 1971. Franchisees have been VERY successful around the world. You can operate anywhere in the US.
Important Info:
- % of contract used & remaining: 25% used; 75% remaining.
- Cost of a franchise: $36,000.
- Value: 75% of $36,000 = $27,000.
What is the core business?
- The goal is to develop a group of 6 to 8 business clients who need to convert receivables, on an as-needed basis, into cash.
- Clients remain clients for about 3 years.
- The IFG service is most needed when a business is starting out or growing.
Key benefits?
- Work from home, no staff needed;
- You won't find many opportunities that can match this franchise for:
- High return on invested capital;
- High return on hours dedicated;
- Hours/Time flexibility.
- My $25,000 price significantly reduces the up-front costs a franchise buyer would normally need to bear.
The ideal buyer:
- Has a pool of working capital to be used to purchase receivables.
- Has or can develop referral sources (training covers this);
- Has a basic background in business operations and financing.
* IFG provides ongoing training and support. Use franchise forms & procedures to move through the steps to verify the client is viable and conclude transactions. The IFG home office helps in analyzing, structuring, and concluding deals.
Email or call Joe at 908-464-1997 for more information on this IFG franchise for sale.
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