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Business Details
Code:
SD561
Business Type:
Money Lending
Area:
North West Subs
Established:
Started in 1998; Present owner since 2002
Reason for Sale: other interests
      General Information

Average loan / cash advance $960 approx.

Total loans 340 approx

80%+ repeat business (i.e. existing / previous clients returning for another loan)

Situated in one of the fastest growth areas in Australia, for this type of product

Office Hours
Monday – Friday 9.30 – 4.30pm

Bad Debts:
As a percentage of turnover - minimal, less than 4%
Loss of capital due to bad debts - NIL

General Information
Purchasers require no prior finance experience
Low overheads
Easy to operate
Excellent growth and profit being generated
The business is virtually run by the staff.
Huge potential and can be operated part-time, or full-time

Asking Price:
$455,000 + loan book
(loan book $260,0000 approx)
 
For more information, please contact:
David Ferguson on 0412 488 295


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