Listing Number: 2201-462349
Established Factoring Company With Banking Relationship for ACH.
Relocatable 3 year old factoring company with a VERY IMPORTANT banking relationship and ACH capabilities. It is a home based business and it is very easy to operate. Seller started 3 years ago, but got very sick and ended up investing in real estate opportunity instead of running the 100%. Seller has great relationships in several industries to help new owner grow and stay on for awhile in sales position. Proforma is CONSERVATIVELY based on new owner using $500k line of credit which turns over numerous times as payment is typically 30-45 days AND ROI is 15%-18%.
- Price: $28,000
- Down Payment: $28,000
- Sellers Discretionary Earnings: $100,000
- Total Sales: $500,000
- Location: Miami-Dade County, Florida
- Inventory: $0
- FF&E: $0
- Year Established: 2016
- Reason for Selling: Retirement
- Category: Financial Related