Micro Lending Company

EP 8266, Melbourne, Victoria 3000

$298,000.00 + Lending Book Value

Key Features

AI generated. Contact seller to confirm.

  • Current lending book value of $280,000
  • Short-term loans and cheque cashing business
  • Company and credit licence on offer
  • Regular loyal customer base in Melbourne’s east
  • Operated by part-time owner and casual employees
  • Potential growth through car and small business loans
  • Net Profit: $160k+ per annum owner operator earnings potential
  • Rent/Lease: Current office rent $365 weekly + outgoings
  • Established: Over two decades of operation

Business Details

Business Category Brokerage Finance

Micro Lending Company
Entry level finance lender
Current Book Value $280,000
Short term loans & cheque cashing
Company and credit license on offer
Strong established business in Melbourne's east
Over two decades of operation
Regular loyal customer base
Opportunity to extend lending markets
Car & small business loans offer immediate growth
Current office rent $365 weekly + outgoings
Operated by 1 part time owner + casual employees
Will suit owner operator or add on to existing operation
Due diligence on offer to successful buyer
Owner operator can potentially earn $160k+ per annum
Introduction discussions highly recommended
Asking price $298,000 + lending book value $280K
Call Evan on XXXXXXXXXX for initial discussion

This business is exclusively listed with BPA Business Brokers
Our Ref: 8266

What's Nearby

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This business is somewhat unique and has no similar competition in this region, category or price bracket.

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Evan Papadopoulos

Bsale ID: 686024

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