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Profitable Credit Repair Business For Sale

El Paso, Texas, United States
BUSINESS SOLD
(Furniture / Fixtures included)
Revenue: $ 122,000 Cash Flow: $ 71,543
Listing ID: 100581
Business Information
Steadily growing credit repair business located in one of the best markets in America. This is a good cash flow/low-expense business with excellent further growth potential. Cash flow, revenue and accounts receivable are increasing and the new owner will have a great opportunity to rapidly expand the business. To demonstrate recent growth, the last 12 months cash flow is $71,542, while the most recent 4 months annualized is $93,474.99.

Existing customer base, accounts receivable and many solid referral partner relationships will convey with the sale. The business has very low expenses and no debt at all. 

Present owner runs business so new owner will need to run business or hire someone to do so. 
There is good potential for growth of the business as it is now, but there is also ample room for diversification of services and adding more revenue streams. Business processes are refined and efficient and software is state of the art.

A new owner can rapidly grow and expand quickly or run the business as is and make a good profit.

There is good potential for growth of the business as it is now, but there is also ample room for diversification of services and adding more revenue streams. This business is the only pay-for-delete credit repair business located in the region (which is the most legally compliant and most consumer friendly credit repair business model).

The business has multiple, well established referral relationships in the area as well as many more leads ready to be worked. The business model is systematized and efficient while being run through the best credit repair/CRM software available.

The price includes two weeks of full time, on-site training. There is one full time employee and another part time worker. The business is still relatively new yet it is consistently growing at a fast pace.
Property Details
Years Established:
2010
Property Type:
Lease
FF&E Value:
5000.00
Other Details
Business Location:
Two leased office spaces, one on each side of El Paso. The set up of the office will allow for easy and cost-efficient expansion.
Competition:
Credit repair companies are popping up everywhere but there is a serious need for reputable, ethical companies that are effective and only charge for work that actually gets done. A good name in this industry goes a long way and this company has quickly become a market leader in the area.
Expansion Potential:
The credit repair boom is coming! The El Paso region has tremendous growth potential in itself, but the business can easily expand throughout west and and northwest Texas where little to no competition presently exists. (This business can easily serve clients remotely via internet and phone.) El Paso has been in the top ten worst credit score list (according to Experian) for years, meaning huge numbers of people need help fixing and restoring their credit to have access to loans, housing, etc. Many businesses (mortgage, real estate, automobile) are eager to partner with trusted credit repair companies to expand the pool of qualified buyers for their own businesses.
Operation Details
Employees:
1
Trading Hours:
8-5 Monday through Friday
Support & Training:
Full time, on-site training for two weeks. Company has also invested in top of the line training programs and materials.
Miscellaneous
Financing Available:
Yes
Partial owner financing available for qualified buyer
Reason For Selling:
Focus on other business interests