Payday Loan Business For Sale
Location Missouri,United States
Asking Price Range $250K - $500K
Gross Revenues $500000
Net Profit / Cash Flow $100000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2002
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Description Asking: $330,000
This posting is for an exceedingly profitable, cash flowing payday loan operation. The business has proven revenue increases of 68% between 2008 and 2010, with solid YoY growth since then. This is a great opportunity for someone with retail, management, or financial backgrounds. There is NO special licensing required to purchase this business or to operate a payday loan facility in this state.
The business could see substantial additional revenues with the addition of lottery sales, pre-paid card sales, and any number of other goods / services.
Please note: financial performance data and information regarding when the business was established is not being released until parties complete a NDA. Disregard the annual revenue / cash flow / year founded data listed on this page, as it is not correct and was listed to fill a required field. The owner has asked that the information be kept confidential so as to preserve the business' value. With that being said, a person with solid managerial experience who is willing to work the business could easily earn $100,000 / year with this business.
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