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Finance Company Cars, Payroll And Title Loans Business For Sale

La Paz, Baja California Sur
Asking Price:
$900,000 (USD)
Sales Revenue:
$500K - $1M (USD)
Cash Flow:
$50K - $100K (USD)

Profitable, seasoned finance company with over 600 accounts with an average interest rate of 60% and growing daily. Experienced team in place along with auto pay methods, government accounting systems, promotional materials and social media campaigns. Many repeat customers. All accounts have cosigners. Currently doing over a million pesos a month in new loans with lots of growth potential.

If interested, please contact the seller through the form on this page.

Property information

Real Estate:

Lease

Lease Terms:

Current lease is yearly but business has been in the same location for 7 years. Lease has option for yearly renewals. Monthly rent is $370

Leasehold Rent:

$4,200 (USD) per annum

Location:

Located on main street into town. High traffic area.

Premises Details:

Office is on ground floor of small office building. On site parking and plenty of side street parking.

Size in square feet:
Office is about 430 sq.ft.

Business Operation

Expansion Potential:

Location of this business is in the capital of the state with a population of approximately 244,000 with easy access to other large cities and tourist locations. Could also be expanded into all parts of Mexico as company is a legal Mexican corporation that can do business in all of Mexico.

Competition / Market:

There are currently approximately 4 other finance companies in the area.

Reasons for selling:

Health/relocating

Trading hours:

9-6 Monday- Friday and 9-2 Saturdays

Employees:
14
Years established:
Current company has been in business for 18 months.

Other Information

Support & training:

Management and employees would love to stay on and current owner will assist for up to 1 year.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Owner is open to 50% financing for a short term.

Furniture / Fixtures value:
$15,000 (USD)
Related Documents:
Relocatable:
This business can be relocated.

Contact Information

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