Payday Loan / Cash Advance Business
Location Alabama,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1550000
Net Profit / Cash Flow $425000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2001
Number of Employees 10 - 19
Inventory 25000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Seller will assist new owner.
Reason for Sale Seller desires to concentrate on core business.
Description Payday loan / cash advance business for sale. Highly profitable business with strong day to day management in place. This business consists of 7 locations throughout Alabama and is currently managed from a corporate office in Georgia, but can be managed from any location. Services offered include: cash advance loans, title loans, tax services, and more. Revenues have increased 10% a year since 2003. $650,000 of receivables included in the purchase price. Current owner has another business commitment and needs to sell. Please email or call Tim Dalton at 706-854-0740 to explore this opportunity and to gather more details.
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