Debt Settlement Business For Sale

Listing ID: 700151353

Listing Title: Debt Settlement Business For Sale

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Industry: Business Services

Industry Segment: Financial

Country: United States

State / Province: Missouri



Asking Price Range: $250K - $500K

Gross Revenues: $265,000

Cash Flow: $102,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2001

Number of Employees: 1 - 3

Business Description:
This Company represents individual clients who have unsecured debt which they can't pay. They negotiate with their clients' creditors, mostly large banks and credit card companies, and they are able to save their clients between 30% and 80% of what they owe. This can be the most practical way for individuals who are in over their heads to avoid bankruptcy and settle their debts fully and legally. Company collects fees from clients amounting to 25% of the amount that they are able to get forgiven( savings ) by the creditors. economy. You probably hear radio ads in your car for debt settlement . Growth/Expansion: Until there is a full economic recovery, which many economists believe will not happen for several years, the business of debt settlement will continue to grow at a high rate. Experts predict that even after recovery, consumers will continue to need this service and the industry will continue to prosper. Seller Financing Available: NO Selling Price: $ 300,000 Support/Training: Seller wants the new owner to succeed, so he will be available to train for up to four weeks, full time (included with the purchase price), and is willing to stay on as a consultant for a reasonable fee if the buyer wishes. Reason Selling: Owner runs two other businesses which need more attention. Contact for more information on this debt settlement business for sale.

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