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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Nevada Businesses For Sale Categories   >>   

Payday Loan Company For Sale

Location  Nevada,United States
Asking Price Range  > $35.0M
Gross Revenues  $8000000
Net Profit / Cash Flow  $3000000
Cash Flow Type  EBITDA
Seller Finance  No
Year Established  2001
Number of Employees  50 - 99
Relocatable  Yes
Number of Employees  50 - 99
Real Estate  Leased
Training  Yes.
Reason for Sale  8 Year history - time for someone else to grow.
Description  The Company was established in 2001 and provides short term, unsecured, payday loans via electronic transfers directly to our customers' accounts. Payday cash advances are small-denomination, short-term, unsecured advances that typically are due on the customer's next payday. We provide these services primarily to lower and middle-income working individuals. We focus exclusively on payday cash advance services and do not provide check cashing, pawn lending, title lending or wire transfer or similar services. We believe our sole focus on payday cash advance services is a competitive strength that has allowed us to better reach and service our primary market of middle-income customers. Our trailing EBITDA is approximately $3.0 million and we project $6.0-$7.0 million is EBITDA for 2009. Please email or call, Sean Deson, 917-971-6114 for more information on this Payday Loan company for sale.
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