Thriving FinTech Marketplace; THREE Profit Centers, Huge Growth! Delaware (Relocatable)
Asking Price:$4,500,000
Cash Flow:$995,000
Gross Revenue:$2,600,000
EBITDA:$995,000
Established:2014
Business Description
Get your piece of the $4 Trillion FinTech Industry
Nationwide Network of 80+ Sales Agents
Great Home/Cloud Based Opportunity
Fully Integrated Business; Three Profit Centers
$995k Cash Flow; Nearly Seven Figures!
Thriving FinTech Marketplace; THREE Profit Centers, Huge Growth Potential;
Home/Cloud Based, Relocatable
$4,500,000
Deal Recap:
Gross Revenue: $2,600,000 +
Purchase Price: $4,500,000
Cash Flow: $995,000+
FinTech Marketplace; Massively Profitable
Strategic acquisition for existing FinTech company or
Motivated Self Starters looking for a piece of the $4 TRILLION FinTech Pie
Thriving FinTech Marketplace for sale $4,500,000. Currently grossing $2,600,000 and Nets $995k+ per year as an owner of the business. Includes 2 employees & nationwide network of 80+ sales agents in place with transferable contracts. This business operates as a Relocatable Cloud Based business and currently has 4 employees and 80+ sales agents (1099). The sellers are hands-on owners who are willing to stay for a 30-90 day transition period, subject to negotiation. Great Opportunity at a Great Price!
Financing: SBA financing IS available for this transaction in the amount of $3,350,000
What Does Financing do for you:
Purchase Example:
25% down, 11.50% interest, 10 year Amortization
Purchase Price $4,500,000
Equity Investment: $ 1,150,000
SBA Loan: $ 3,350,000
Working Capital: $ 35,000
SBA Guarantee Fee: $ 101,550
Closing Costs: $ 35,000
Total SBA Loan: $ 3,521,550
Monthly SBA Debt Service: $ 49,511
Cash flow: $ 995,000+
Annual SBA debt service: $ 594,137
Cash Flow Net of Debt Service: $ 400,863
Cash on Cash Return: 34.86%
You may complete the NDA now using the link below. Please provide the first page of your bank or brokerage statement, or online snapshot (with account number redacted), showing at least $1,150,000 down payment as your Proof of Funds.
Upon receipt of NDA & FUNDS VERIFICATION, the due diligence material will be emailed to you in a Box.com link.
Contact Darin Jerger for details on all of our Premier Listings.
Darin Jerger
949-793-2999