MergerPlace

Payday and Title Lending Chain in Texas

Texas, New York


  • Asking Price: $15,000,000
  • Gross Income: $17,000,000
  • Cash Flow: $3,000,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #223229
  • Established: Not Disclosed
  • Employees:

Business Description

Long Established with excellent brand recognition “Sticky” product for long retention of customers Strong Profit and EBITDA margins
Excellent Management structure and controls in place Low CAPEX and capital outlay costs model Excellent cash return on capital

Company:
Mid-sized (40 stores) Payday and Title loan chain, located in the Lower Central U.S, in a growing market. The company offers payday and Automobile Title loans to underserved banking consumers.
The company’s strength lies in its quick application process and systems that allow employees to make quick lending decisions at the branch level.
Branches are managed by experienced managers with sound knowledge about their area of business.

Financial Summary

2019

2018

2017

2016

Total Sales

$17,161,610

$17,466,154

$17,204,880

$18,326,387

Total Gross Profit

$12,582,994

$11,773,192

$11,323,944

$12,673,067

Total EBIDTA

$3,537,622

$3,248,924

$2,685,471

$3,316,


Business Details

Primary Business Category: Finance - Funds, Trusts & Other
Location: New York
Metropolitan Area: Texas

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $15,000,000
Gross Revenue: $17,000,000
Cash Flow: $3,000,000
Seller Financing Available: No

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Business Listed By:

Rick Brown

MergersCorp M&A International