This well-established commercial collections agency is a leading provider of commercial debt collection services, specializing in recovering outstanding receivables for businesses across various industries since 2006. With a strong reputation for professionalism, ethical collection practices, and high recovery rates, the business serves as a trusted partner for companies seeking to improve cash flow and reduce bad debt exposure.
Business is not dependent on its location, as several employees work remotely.
Up to 65% earnout opportunity due to customer concentrations.
NOTE: Upfront minimum $650,000 will be required from any buyer. Parties dependent on SBA financing will not be considered.
Reason For Sale: Retirement
Training & Support: The seller will stay on to ensure a smooth transition.
Employees: 8
Facilities Information: Moved to a new office in December with a 3-year lease through 2027.
Competition:
Business focuses efforts on a specific client base that consistently produces higher than average collection ratios. Using this approach has allowed the business to outperform the competition.
Potential Growth:
No marketing and sales personnel on staff. The primary source of new business is referrals from existing clients.