Tupelo Data Room
Other Service Businesses, Other Transportation & Storage
Active

Established Collateral Recovery Business - Recession Proof

Nashville, Davidson County, Tennessee, United States
Asking Price$199k
Revenue$209k
EBITDA-
Cash Flow$100k
Description
The collateral recovery industry is unique in that it thrives during recessions, yet also maintains a steady volume when times are good and banks are lending more freely. The seller has developed strong relationships with direct lenders as well as national forwarding companies who frequently provide as many assignments as the owner can manage. The current owner is selling the business due to family reasons and will offer a comprehensive two-week training period in person, followed by two weeks of phone support to ensure a smooth transition for the buyer.
Real Estate
Rent is $500 per month
Furniture Fixtures & Equipment
$70k
Year Established
2022
Reason Selling
Family Reasons
Support & Training
4 weeks
Market & Competition
The industry is not highly saturated due to its stigma, making it an attractive sector for new entrants.
Growth Opportunities
Growth potential by adding a spotter or a driver. Equipping truck with license plate reading cameras, would make the job quicker. Online marketing and lead generation. Cold calling to get on dept collection agencies, recovery management companies / Forwarders list. Operating with professionalism and integrity will help a new owner build relationships with lenders and forwarders. They are eager to work with recovery companies that operate with professionalism.
Asking Price$199k