Ad ID: 61587 Inactive

Lifestyle Finance Business for Sale Auckland

Financial Services - Platform for Growth

+ Loan Ledger (circa $630,000)

Business for Sale Description

Lifestyle Finance Business for Sale Auckland

If you are looking for a lifestyle business with real growth potential - then I recommend you look at this!  Our client has a well established business that specialises in providing short and medium term consumer loans.  Nearly 90% of the business is online.

Business Highlights

  • Easily Managed
  • Perfect add-on to existing operations
  • Fully integrated software and web
  • Compliant and a registered financial service provider
  • An established and credible profile
  • Vast majority of sales are from previous customers or referrals (circa 85%)
  • Cash flow positive
  • Real opportunities for growth

Business Resources

Financial Performance

The business has good cash flow - receiving on average $220,000 inbound money per month.  Over the last 4 years - the average profit for the business was $292,148.

The owners currently only work part-time

Vendor Finance

Vendor Finance may be offered to approved parties - subject to meeting Vendor's lending criteria.  The Vendor Finance will be limited to the total value of the loan ledger and it is anticipated that the security of the finance would be the loan ledger - in addition to other agreed securities and/or guarantees.

Sale Price: $675,000 + Loan Ledger (circa $630,000

Net Surplus: $292,148 (4 year average)

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