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Collection Agency For Sale

Location  South Carolina,United States
Asking Price Range  < $250K
Gross Revenues  $100000
Net Profit / Cash Flow  $40000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2008
Number of Employees  1 - 3
Inventory  400000
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Leased
Training  Yes.
Reason for Sale  Have another business to run.
Description  Greenville SC based collection agency for sale immediately. We are a collection agency that collects solely for the bail bonding industry. Our clients are spread out through the state of South Carolina. This collection agency is profitable and has absolutely no debt. For sale is the business only no property is included in this offer. You will receive all files that have been handed over to us for collection along with all the clients we represent. There are no other collection agencies in the state offering the services that we do for this industry. I have heard a another collection agency out west that does somewhat of the same thing that we do but they are no competition for us given we're in SC and they are out west. The national average of success for collecting on a collection account is less than one third, but we have had success rates as high as 85%. The reason for the sale of this business is my brother and I also do fugitive recovery and we stay very busy doing that so I no longer have the time to run this business. This business can be relocated if you would like. If you are planning on relocating this business please inquire about licensing requirements in the state you would be relocating the business to. There are no licensing requirements in the state of SC. All you have to do is register the business with the SC dept of Consumer Affairs and pay a notification fee. The asking price for the business is negotiable but the price will be less than $20k. Serious inquiries only please. No ''tire kickers''. No reasonable offer will be turned down. The business will sold on a first come first serve basis. I will sign a non compete agreement for a period of 5 years for the new owner. If you have any questions please feel free to email or give me a call. The number is 864-234-6942.
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