Turhan Beriker

M&A Advisor

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Businesses for Sale

Asking Price: $16,000,000
Gross Sales: Ask
Net Earnings: Ask

Car Title Loan Co. 90% Online, $14m Secured AR In Escrow

Los Angeles, CA

Profitable Finance/Lending company for Car Title Loans, PayDay, Money Orders, Lottery, etc. 90% Online Sales and also 2 busy Los Angeles retail locations. $14,000,000 in AR included secured by low LTV Car Title Loans and guaranteed by another car title company they have an exclusive agreement, No Loses. Net Income in 2019 was $2,000,000 from $2,800,000 in revenue. 2020 was lower due to COVID Lockdown but quickly recovering and people need $$$.

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Broker Information

Turhan Beriker
Business Broker / M&A Advisor
4640 Admiralty Way, suite 500
Marina del Rey, CA 90292
Office: (310) 882-2200 ext 154
Direct: 310-882-2200 x154
Lic#: 02074377