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Well Established Car Title Loan Business In City Of Atlanta

Atlanta, GA (Dekalb County)

Well Established Car Title Loan Business In City Of Atlanta
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Asking Price: $475,000

Cash Flow: $140,000

Gross Revenue: $371,518

EBITDA: N/A

FF&E: N/A

Inventory: $150,000*

Rent: $2,800 /Month

Established: 2005

*not included in asking price.

Well Established Car Title Loan Business In City Of Atlanta

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Business Description

Title Loan retail storefront in a very spacious location with a high traffic count. It is conveniently situated in a busy part of Atlanta with great access and visibility. Fully transferable pawnshop/Title Loans license that is unattainable in the City of Atlanta. Its location also offers a unique opportunity in terms of having little to no competition, unlike most anywhere else in the state of Georgia. Being in the largest city/area also assures no future competition. Compared to similar businesses, this storefront is inexpensively priced at $2,800/month with negligible rent increases of $100/year. This attractive package also comes in as a one-person operation that is low maintenance, has a well-established record of being 13 plus years at the same location, and has a potential lease buyout in a developing neighborhood.

This consumer-lending business has been a trusted source of title loans, and auto equity loans for many years. By offering neighborhood-based services to customers who are under-serviced by traditional banks, this business has been able to create a loyal clientele throughout its existence. Friendly customer service, reasonable fees, and a safe environment all work hand in hand with a line of popular services to create an exceptional business opportunity.

Current owner (absentee-owner) spend no time in the business, with an owner-operator, the business is poised to experience tremendous growth by implementing new marketing strategies and potentially offering more services within the same industry.

Business is priced at $475,000 for the good well and $150,000 for Principal.

PROOF OF FUNDS AND SIGNED NDA MUST BE RECEIVED PRIOR TO DISCLOSING ANY FURTHER INFORMATION. THIS IS AN OPERATING BUSINESS; PLEASE REFRAIN FROM SPEAKING TO STAFF OR MANAGEMENT. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please call us to discover the difference that is. 678-777-0147

Detailed Information

Location:
Atlanta, GA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,100
Lease Expiration:
2/1/2028
Employees:
1
Facilities:
1,100 sqft +/- space and an adjacent building being used for massive signage- 6 exterior lighted outdoor signs that are all permitted.
Competition:
Fully transferable pawnshop/Title Loans license that is unattainable in the City of Atlanta!! No current or future competetion
Growth & Expansion:
New owner can add more services, engage in marketing...
Financing:
No seller financing
Support & Training:
one week by the seller and phone consultation as needed.
Reason for Selling:
Retiring
Business Website:
http://bizbuybrokers.com/
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(from currently available funds)
 
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Driss Senhaji

Business Listed By:
Driss Senhaji

Atlanta Business Brokers, LLC.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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