Asset Sale for Student Relief Business - 33042 Business Type: agents/brokers,assets only sale,educational services / schools,internet consumer services (b2c),absentee business,banking, lending, and finance
Financial Information (non-confidential)
$50,000 Down and
Here is an opportunity to purchase an established lucrative franchise business model at a great discount. This is a semi absentee business in the student loan consolidation industry. The original license is valued at over 150k. This is a full license with a great back-up support team as well as hardware and software. Full training from the lead office of this business-up to 6 weeks, as well as ongoing training for new reps. As the owner of this business, you can hire as many sales reps as you would like to grow your business. The student pays a fee to process their application. The business handles the intake of the documentation and the entire consolidation process which takes approximately 90 days is handled by a back-office. The original business model is advertised as earning a Gross Income of $360,000 and a conservative cash flow after all expenses of $240,000. A buyer will receive 100% proof of this business proven track record. The owner of this business operated for three months and earned a net cash flow of $25,000 but discontinued the business because he did not have the time and the additional working capital needed to grow this business. />
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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.