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Priced $2.4 M plus accounts receivable. This company specializes in factoring* accounts receivable. Customers include transportation companies, employment agencies and other companies in need of financing. The company is very profitable thanks to its unique proprietary technology that reduces the risk of bad debts and its proven debt collection processes.
Because of its focus on its niche market, the company has accumulated deep understanding of its market and has been very successful in achieving profitable growth in the last few years. Current owners are developing new industry related product/markets and are looking for a business savvy individual/ company to acquire this company and become a potential partner. Owners will assist during and after the transition period and have a vested interest in the future success of this transition.
*Purchase of a business' accounts receivable at a discount.
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