Are you now or have you ever wanted to be in the collection business in Nevada? This turnkey collection agency has a stellar reputation, with many extremely hard-to-acquire clients currently providing the agency with $20 million in receivables to be collected. More accounts are constantly being added, and the current owner can't keep up with demand because there is so much available. If you have skills with dialling software or automation tools, this business has enormous potential for you. The seller only has 1 person helping manually make calls and send letters, and they just aren't able to keep up with the amount of business that is being sent their way. The seller states that with more staff or tools, the revenue can quickly grow by many times what it is now. They specialize in medical collections and are in charge of many of the biggest accounts in Nevada. The seller will introduce the buyer to all clients in order to facilitate a continued relationship. This business does require special collection agency licensing to operate, and it is not transferable from the seller per state law. You will need to either already have or be able to get your Nevada licenses in order to take them over.
- Asking Price:
- $125,000
- Sales Revenue:
- $147,322
- Cash Flow:
- $65,586
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Total monthly rent of $927
- Premises Details:
-
This is a leased location of 500 square feet with a total monthly rent of $927. The lease ends on 11/2024. The seller is active with 1 FT employee. Hours of operation are 8 a.m.–4 4:30pm Monday–Thursday and 8 a.m.–4 p.m. Friday. $29,411 in FF&E. Collection Manager Certificate and Collection Agency license required.
Business Operation
- Reasons for selling:
-
Retirement
- Trading hours:
-
8am – 4:30pm Monday to Thursday and 8am 4pm Friday
- Employees:
- 1 FT
- Years established:
- 19
Other Information
- Support & training:
-
14 days
- Furniture / Fixtures value:
- $29,411