South Korea

Sell a Business

Listing ID: 14589 Last Refreshed: 07/05/2019 Total Views: 522

Hard Money Lending Business

South Korea

Asking Price: $50K - 100K
  • Premise Type N/A Premise Size 865sqft
  • Monthly Rental $2,800 Rental Desposit $4,300
  • Revenue $100K - 200K Cash Flow $50K - 100K
  • Gross Profit $50K - 100K Net Profit $50K - 100K
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2004
  • Owner Role Full Time Staff N/A
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
Email Owner

Reason For Sale

I am in the problem of funding. or I am looking for investor/partner

Description

This is Car title Loans and Payday Loans business. Established since 2012. Located in high density neighborhood and busy intersection (across from a Wal-Mart). Car Title Loan is a title loan (or pink slip loans). It is a quick and convenient way for people who own their car or motorcycle as collateral to get fast cash. We have lower rates than other competitors.


Usually the rates are over 100% APR and more.


Payday Loan is a short term cash advance up to 30 days.

Most payday loan customers pay back in 2 weeks until their next payday.

Payday loans' average interest rates are about 400% APR.


Personal Loan can be added. There are limited competition in the personal loan services. If you have sufficient investment, you can take big share of this loan industry.


And if you are a right person, there is tremendous growth opportunity in this Title loan and Personal loan business.

Asking $65,000 plus outstanding loans.


Fixture and equipment are included in the asking price. 


Business Operation

to be arranged up to 30 days
Supporting and Training
Finance and banking
Background & Skills

Property Information

Rent
Premise Status
1 year
Lease Term
across from Wal-mart, busy intersection, corner location
Premises Details
Yes, it can relocate to other place
Relocatable
Email Owner
Your Name*
Mobile Number*
Email*
Message

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