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Business for Sale Summary

Credit Repair Business for Sale in New York - 36275

Business Type: accounting/payroll/tax ,agents/brokers,engineering & accounting services,misc. service/non-classifiable,owner financing available,misc. retail/non-classifiable,professional services
Owner Financing
Credit Repair Business for Sale in New York
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This business has received 39 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $130,000 Down Payment $80,000
Gross Revenues $260,000 Lease Remaining Register Free to View
Owner’s Cash Flow $100,000 Number of FT Employees Register Free to View

Financing

$80,000 Down and $50,000 for 3 years @ 8%

Business Description

This Credit Repair & Counseling Agency specializes in eliminating or reducing charge-offs, credit card debt, and bad credit, working directly with creditors to help clients rebuild their credit scores and restore financial stability. The agency has invested nearly $90k in improvements, signage, and office furniture, making it a must-see. The seller will provide complete training, making it easy to learn. The sale includes a client list with names, phone numbers, website, and staff. Located in a prime spot with a lease well below market rates, the current rent is $2100, while the market rent is $3800, thanks to extensive build-out. This business is ideal as a standalone entity or for merging with other agencies or service businesses. Staff are in place, and the seller is willing to remain during the training period. It's also easy to add other services to this location. Contact broker Jim Aloi at 631-375-4100 for an appointment.

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Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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.