• Listing ID: 1285323
  • (Seller ref: 2068)

Collateral Recovery Service In DFW For Sale


Location:
Category:
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Asking price:
$1,750,000 (Furniture / Fixtures included)
Sales revenue:
$1,500,000
Cash flow:
$500,000
Years established:
1994
Employees:
13

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This solid, well established collateral recovery business is a leader in the field in the DFW Metro area. Continual growth since the business was established in 1994 has been tremendous, with a performance and customer satisfaction track record that’s second to none. The Company is a repossession business, providing safe, legal recovery of collateral (vehicles) by trained, professional agents for some of the nation’s top lenders. Vehicles are repossessed and stored on-site, with wreckers available for immediate dispatch to an 8 county area surrounding the DFW Metroplex. Once repossessed, trained adjusters assess the value of the collateral and provide the lender with a condition report and pictures. The company also has an in-house, full service locksmith, which is an additional profit center. The business is housed on 2.08 acres of land that is available for an additional cost. Property location is excellent for covering the 8 counties serviced by the Company, with it being close to both Interstates and auction houses, yet in a safe, out-of-the mainstream locale. A new state-of-the-art business complex has been erected on the property, including a 4,800 square foot stand-alone building and nearly 2 acres of secure concrete for storage. This company will be especially attractive to buyers who wish to join this lucrative field and grow the business while taking advantage of its current, excellent revenue stream.


Real Estate:
Real Property Included
Size in square feet:
4,800 sq ft

Support & training:
Seller will assist with transition
Reasons for selling:
Retirement
Trading hours:
Mon-Fri
Furniture / Fixtures value:
$150,000 (included in the asking price)

For more information about this business for sale, click the Contact Seller button.


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