Successful Cash Loan Business - Garden Route
About this business for saleSuccessful Cash Loan Business - Garden Route
This business, the only one of its kind in this coastal town, was established in March 2010 and has since shown exceptional monthly growth. The business is NCR registered, and meets with all legal requirements for this industry.
The rent is fair at R1,720 per month and the business is in a prime location close to the CBD.
The maximum loans allowed are R1000 and the owner has good control systems in place. Money recovery is done through Nupay and Delfin software is utilized to keep record of all loans.
This is a fully operational turnkey operation, with good systems & controls in place which is manager operated with the owner involved only a few hours a month.
The owner is keen to sell and will consider offers.
+27 83 226 9017
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.