Bail Bond Company
Morris County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $200,000 |
$500,000 |
$165,000 |
Business Summary:
A recession proof bail bond business that is a niche. Needs any owner/operator that has an edge in life and a strong heart to become a license agent. Best suited for law enforcement officers, prosecutor, attorney, and bounty hunter. Two locations either one available near jail or court. To start new in the business and write up a bond deals vary. Build up fund fees: attorney, recovery, and court. Once est. in the business for 18 months -3 years should be around 250 K. Collects an approx. 10% and loans out over $ 5 mil. p/yr. Current owner has 70/30% split w/ insurance. Break down of sales: 60 % cash/40% Credit card. For further information please contact Jim Hamdan at 908-851-9040 Ext. 210.
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| Year
Business was Established: 1990 |
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| Number of Employees:
1 |
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| Owner
willing to finance:
$120k down payment, balance $30k |
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| Reason for selling:
Has other business interests |
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| REQUEST MORE INFO |
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