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Student Loan Goldmine!

Bloomfield Hills, MI (Oakland County) (Relocatable)

Student Loan Goldmine!
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Asking Price: $179,900

Cash Flow: $162,000

Gross Revenue: $723,400

EBITDA: $162,000

FF&E: N/A

Inventory: $100

Rent: $1,000 /Month

Established: 2014

Student Loan Goldmine!

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Business Description

Student Loan Cash Cow!

Outstanding business specializing in student loan debt consolidation and refinancing.Huge field over 1.3 Trillion dollars in student loan debt.
Probably the most booming field today!

Detailed Information

Location:
Bloomfield Hills, MI
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
900
Lease Expiration:
5/5/2025
Employees:
6
Facilities:
Rare, unique opportunity to get into the booming field of student loan consolidation. Huge cash flow and growing, this business helps students lower their student loan payments by approximately 50 % and in some cases more! Over 40 MILLION students owe money on their student loans and they are backed,90% of them, by the Federal Government. Help students take advantage of outstanding programs to lower their payments and collect a fee of approximately $900 for each loan. They get a 90 day period with no payments you get a fee and the Government puts another happy face on someone and largely prevents them from going into default. Win-Win-Win-all the way around!
Competition:
Minimal. Lots of companies dabble in the field but this one specializes!
Growth & Expansion:
Huge! Add salespeople, market more with the unique program!
Financing:
none
Support & Training:
2 solid weeks at the office. Ongoing support from the seller for approximately 3 months. Tremendous CRM software and systems.
Reason for Selling:
Other activities.
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Carl Pallini

Business Listed By:
Carl Pallini

Tri State Business Authority

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