Category: Professional Services
|Total Adjusted Net Income||$1,078,036|
|Equipment / Fixtures||$12,000|
|General Location||Los Angeles|
A turnkey, revolutionary financial services company located in the heart of Beverly Hills, California that has changed the small business funding paradigm forever. The 13-year-old business has a very well-known name brand, a respected reputation, and a first-class, seven-figure sales generating business model. This business occupies the top position within a highly competitive financial services niche market. The company provides unique, strategic business funding services as well as one-of-a-kind Executive Search and Placement Marketing Services to a sophisticated corporate client entrepreneurial market base. The sale includes a proprietary business model and copyrighted intellectual properties including a library of sales and marketing materials that have been developed by the sellers and are active and in play daily. The advertising campaigns are in place and the schedule is pre-programmed. The sales pitch scripts have been perfected over the years and proven to yield success. The contracts have been attorney-drafted, time tested and bulletproof. With a 3,500 plus client and potential client database, the contact list is priceless, lighting up the switchboards and generating $50,000-$100,000+ in average sales every time the business executes a sales campaign and clicks the “send button”. (Able to demonstrate this to a potential buyer). The business has cultivated a strong network of strategic relationships with accountants, bankers, lenders, sales agents, lawyers, and business professionals that allow the business to operate like a well-oiled machine. These relationships are highly valuable and have flourished over the past 13 years. All company revenue to date has been generated by incoming calls, and there is unlimited future profit potential for this unique financial services business. Growth may be realized by increasing advertising, additional staffing, implementing a cold calling initiative, utilizing social media, and offering more in-house services. One additional service can be immediately added “in-house” (by hiring 1-2 additional employees) for a very specific service that can be disclosed to a potential buyer. This additional service has been professionally estimated to generate an additional $1.4M-$1.7M annually and this one service offered in-house could easily more than double the yearly income and profit potential of the subject business. The existing inventory included in this sale has a wholesale value of about $500,000 and an estimated retail sales value of $1,250,000+. Also included in the sale price is FF&E of $12,000 and accounts receivables of approximately $1,697,597. The office is fully furnished and completely operational. The entire start to finish business operations program can be learned by the new owner in under two weeks. If additional guidance is needed the sellers are willing to enter into a limited consulting agreement with the new owner(s).
|Gross Revenue||$1,450,000||Listed Price||$2,999,000|
|Total Income||$1,078,036||Down Payment|
|Base Rent||$4,800||Square Feet||1207|
|Total Rent||$5,380||Lease Expiration||04/2023|
|Rent Deposit||Lease Options||1 year|
|Equipment / Fixtures||$12,000||Other Assets|
|Full-Time Employees||Training Period||30 Days|
|Part-Time Employees||Special License Required||Beverly Hills Business Tax Certificate and CA business license|
|Contract Staff||1||Reason for Selling||Retirement|
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written ization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.