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Repo Business for sale

Established Collateral Repo Business - Recession Proof

Description

Listing Number: 1910

The collateral recovery industry is unique in that it thrives during recessions, yet also maintains a steady volume when times are good and banks are lending more freely. The seller has developed strong relationships with direct lenders as well as national forwarding companies who frequently provide as many assignments as the owner can manage. The current owner is selling the business due to family reasons and will offer a comprehensive two-week training period in person, followed by two weeks of phone support to ensure a smooth transition for the buyer. If you would like more information regarding this repo business, please contact us.

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Asking  Price: 
$199,000

Gross  Revenue: 
$208,982

Adjusted Net Income: 
$99,875

General Info:

  • Asking Price: $199,000
  • Gross Revenue: $208,982
  • Total Adjusted Net Income: $99,875
  • Equipment / Fixtures: $70,000
  • Year Established: 2022
  • General Location: Middle TN

Lease Info:

  • Square Feet: Parking area
  • Total Monthly Rent: $500
  • Lease Expiration: Month to Month
  • Lease Options to Renew: Possible
 
 

Additional Information:

  • Training Period: 4 weeks
  • Reason for Selling: Family Reasons
 
 

Michael Tidwell

For more information on this business contact Michael:

Office: (615) 850-4410
Cell: (615)-364-1989
Email: michael@nashbb.com

Looking to Sell?

Nashville Business Brokerage is here to guide you through a seamless and rewarding selling process. Our team of experienced professionals is dedicated to maximizing the value of your business and ensuring a smooth transition. Take the first step toward a successful business sale by scheduling a consultation today.

Contact us now to get started.