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Asking Price$1,999,999
Revenue$728,000 Established2015
Cash Flow$659,656 Employees1 full-time
FF&E$500* FranchiseNo
Inventory$0* RelocatableYes
Real EstateUndisclosed Home-basedYes
* Included in Asking Price
This established, profitable, credit repair business has a long history in the Houston area.  The business focuses on credit repair services.  The business has a large customer base and a solid reputation in this sector.  The business also recruits agents that help scale sales and generate revenue. This business is very consistent, with a lengthy growth history.  The business finished with $728,000 in revenue and $659,000 thousand in Seller’s Discretionary Earnings (SDE), respectively in 2019.   Due to some new growth in agents, the Seller expects revenue to grow to $1 million in revenue and SDE of $925,000 in 2020.  The business and its brand could be scaled on a relatively inexpensive basis.  The owner has also successfully built the team of agents around the business, allowing the next owner to focus on strategy.  The owner generally works 40 hours/week.
Facilities:The business currently operates in a home office, and can easily be moved to a small office or a home office.
Competition:While there are others in the credit repair industry, this business has a lengthy history of satisfied customers, quality service, and an outstanding reputation. The business occupies a strategic niche in this market segment.
Growth Potential:The current owner believes revenues could significantly increase in the next several years, if they were to pursue certain strategic avenues. Since the owner wants to move onto other businesses, this presents an opportunity for the next owner. The current owner has a solid support staff.
Training/Support:The owner will provide training as needed to the buyer.
Seller Financing:The owner will consider some financing for a well-qualified buyer.
Sale Reason:Owner wishes to focus on another business.
Ad #121100
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Eric Lewis
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