A HIGHLY REGARDED DEBT COLLECTION AGENCY PRIMARILY SERVING MAJOR OVERSEAS BANKS – UK-BASED

  • Price: Offer Invited
Seller Ref:150576
For Sale

A HIGHLY REGARDED DEBT COLLECTION AGENCY PRIMARILY SERVING MAJOR OVERSEAS BANKS – UK-BASED

Seller Ref:150576
  • Price: Offer Invited

Overview

Seller Ref: 150576

Description

Generates turnover of £1.2m with an adjusted EBITDA of £462k.
Turnover is projected to reach £1.9m by YE24. Highly successful specialist agency operating for over 10 years. Provides comprehensive cross-border debt recovery services for overseas banks with large UK portfolios of credit card debt. Primarily recovers debt from UK residents which was incurred when living and working overseas. Has been awarded FCA and SRA licences, enabling the company to
purchase and collect debt whilst conducting all necessary litigation inhouse. Retains 10 active clients, all of whom provide reliable, repeat custom. Operates from leasehold premises. Our clients are looking to sell a percentage of the business to facilitate their staged exit plans. Ideal bolt-on acquisition for complementary service providers looking to acquire a business which maintains an unparalleled reputation in the collection of cross-border debts.
Offers invited.

Is this business relocatable:
No
Is stock included:
NA

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