Listing Number: 87453-312908
Description
Prime Location, Proven Success, Ready to Grow
Are you looking to expand your business reach or enter the lucrative repossession market? This well-established repossession business, operating in the Greater Charleston area for over 20 years, presents an exceptional opportunity. Also, the property is for sale along with the purchase price of the business!
Key Highlights:
• Strategic Location: Prime corporate office on 1.46 acres of land in a rapidly developing area outside of Charleston. (own land)
• Reach: 3 Satellite locations through the state of South Carolina (rented properties)
• Strong Market Presence: Extensive client base and satellite locations throughout South Carolina's major population centers.
• Tenured Team: Experienced and trusted employees ensuring seamless operations.
• Comprehensive Equipment: All necessary equipment and systems are in place for immediate business continuity.
• Streamlined Processes: Efficient operational structure and proven management practices.
Ideal Buyer Profiles:
• Similar Businesses: Repossession companies seeking to expand their market share.
• Towing Services: Companies looking to diversify their service offerings.
• Entrepreneurs: Individuals entering the repossession industry with a passion for the business.
Vetting Process: Due to the sensitive nature of the business, a thorough vetting process will be conducted for all inquiries. There will be various steps involved before additional information is disclosed. This is not an absentee or semi-absentee ownership opportunity unless acquired by an existing business with a redundant operational structure.
Don't miss this unique opportunity to acquire a thriving repossession business with a strong foundation and unlimited growth potential.
Listing Details
- Price: $1,500,000
- Down Payment: $1,100,000
- Sellers Discretionary Earnings: $213,308
- Total Sales: $880,282
- Location: Berkeley County, South Carolina
- Inventory: $0
- FF&E: $180,000
- Employees: 11
- Year Established: 2002
- Reason for Selling: Retirement
- Category: Business Services,Automotive
