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Third Party Debt Negotiation And Collections Company For Sale

Denver, Colorado, US
Asking Price:
$2,050,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,464,197 (USD)
Cash Flow:
$341,328 (USD)

Founded in 1989, this full-service third party debt negotiation and collection agency has over 32 years of experience in the industry. The Company collects consumer and commercial debt for a variety of clients throughout the region. Though they do not specialize in any industry, this company has in depth experience with Property Management Companies, Doctors, Dentists, Medical Facilities, Educational Organizations, Banks & Credit Unions & Retail Businesses. The Company is licensed in four states, fully bonded and is a member of two major credit bureaus and the American Collectors Association International. Working closing with their clients, credit bureaus, lenders and legal advisors to deliver superior results, the Company has become a trusted partner to a wide range of businesses in the region. The Company insists on employing only experienced and well trained personnel and has continually provided the highest quality service as a result. The management team has more than 100 years experience in the credit and collection industry. This is a unique industry and a rare opportunity as the Company is financially strong, has a great reputation, has well documented procedures and is set for growth in the future. This is an excellent acquisition opportunity for the right person or company. The current owner is looking forward to transitioning the business to a qualified purchaser who will continue to build and grow the business.

Property Information

Real Estate:

Lease

Size in square feet:
5,000

Business Operation

Expansion Potential:

The outlook for the Company is strong. The continuing expansion of Colorado economy fuels new opportunities, which is excellent for the Company’s continued prosperity. Private professional debt collection services is a growing industry which has historically not been affected by down economies, recessions, the stock market, or other outside influences. There is always an opportunity to acquire more business.

Reasons for selling:

Retirement

Trading hours:

8am to 5pm Monday through Friday

Employees:
14
Years established:
1986

Other Information

Support & training:

Included

Furniture / Fixtures value:
$25,900 (USD) - included in the asking price

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