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Repossession Business With Dozens Of Clients
Location: United States -> Nebraska -> Omaha
Industry: Auto Related > Other Auto Related




Business Summary

For over 30 years, this repossession business has worked with lending institutions to recover, transport and remarket vehicles. Located in Omaha and servicing a 100-mile radius across Nebraska, Iowa and South Dakota, this company is fully staffed with room to grow. Open accounts currently sit at 234, with services comprising voluntary & involuntary repossessions, skip tracing, secure storage and locksmith needs.

The business operates out of a 1,200-sq. ft. office space, with an outside storage lot capable of accommodating 60 vehicles. The seller is looking to retire, but has a full staff in place, including an Office Manager, 1 PT Truck Mechanic, 1 Spotter and 2 Field Agents. To cover outlying service areas, the seller works with a network of subcontractors to assist with repossessions.

Growth exists through working with forwarding companies, who are a major player in the repossession game. A buyer should also consider increasing locksmith services and hiring an Office Assistant to help with the Office Manager-s workload. This is a great chance to join a growing business in an in-demand market.

Next Steps
For a detailed financial package, please contact Cortney Sells or one of The Firm Business Brokerage's professionals at 402.998.5288.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $629,155
Cash Flow:   $143,025
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $296,305
Seller Financing:  Yes

About The Business

Year Established:  1984
Number of Employees:  4 - 5
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  90 days
Reason For Selling:  Retirement




Print Listing Id: 700287845
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Related Searches: Auto Dealers  >  Auto Parts Retail and Distribution  >  Auto Rental  >  Auto Repair  >  Car Wash  >  Gas Station  >  Other Auto Related  > 

Also See: Franchise Opportunities > Franchise Resales > Nebraska Businesses For Sale > Nebraska Franchises For Sale > Nebraska Business Brokers



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