Well Established Leasing Company For Sale

Business description

This well established and reputable financing brokerage business will appeal to a person seeking a respected white- collar service company or to another firm already in the industry that wishes to expand through acquisition. The staff is trained, loyal and experienced and provides an excellent foundation to continue the success of the business. The financial history indicates that a new owner can anticipate a good income and investment by purchasing this company. The home office is located in a world class community that offers a very attractive lifestyle. A large customer and dealer list familiar with provider’s service capabilities is expecting a new owner to continue where the founder and prior owner left off. This attractive opportunity is priced at $160,000 plus receivables. An equity investment of $50,000 combined with bank financing is anticipated to complete the transaction. Do you like people, traveling New England roads and contributing to the success of your customers and dealers? This opportunity has so many positives that it must be explored further!

Property information

Location:

The business occupies leased space in Burlington. The 624 Square foot space is divided into two offices that the employees and owner occupy. The rent is very reasonable at $8,400 annually. The lease has one year remaining. It is believed that the landlord would negotiate a more permanent lease if a new owner desired. All typical office equipment and furniture is included in the sale.

Other information

Expansion potential:

Growth of this firm is only limited by the energy and resources of its owner. Growth can occur by:
Seeking new dealer relationships.
Expanding the territory.
Adding an outside salesperson.
Exploring internet opportunities

Competition / Market:

Competition for financing is nationwide. The industries that this company specializes in has only a few competitors. There are a couple of firms operating in New England that compete directly with this company.

Support & training:

A key employee is expected to provided the training and would like to remain with the firm.

Reasons for selling:

Owner is deceased. Widow does not wish to operate.

Financing available:

Seller prefers a cash sale.

Furniture / Fixtures value:

$10,000 (included in the asking price)