Factoring Company
Location: Canada -> Ontario -> Toronto
Industry: Professional Services > Other Professional Services
Businesses for sale Summary
$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. Contact for more information on this Factoring Company for sale.
Financials
Asking Price Range: $1.0M – $2.5M
Gross Revenues: Seller Will Provide
Cash Flow: Seller Will Provide
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 2003
Number of Employees: 6 – 9
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Leased
Property: Property For Not Applicable
About The Sale
Management Training and Support: Will be provided by owner.
Reason For Selling: Moving to another country.
