Auto Title Loan Business Acquisition Opportunities on the Rise
Auto title and payday loan business acquisitions are on the up, and demand is mounting as interest to expand business through existing locations continues to grow.
C.A.B Consulting and Brokerage is seeing this first hand and is further extending its brokerage efforts to fulfill demand with the sale of three Texas auto title loan locations: a dual location Houston-area business; and a single location Dallas-area business.
Located in the Houston Metro area, the first auto title loan acquisition opportunity includes two locations, both situated in a prime strip center setting. The first location is an 800 sq. ft store with an affordable lease and no competition for miles. The second 1500 sq. ft store is in a preferred location with no competition in the immediate area. Leases have desirable terms, positive landlord relationships, and include no restrictions. Each turn-key location was built brand new two years ago and includes all furniture and office essentials. Both locations have their CAB license and have an ideal third party lender in place. Currently set up as an auto title loan business, these locations have the infrastructure in place to easily add payday loan services. The buyer is motivated and accepting offers for sale.
The second auto title loan acquisition opportunity is an established Dallas-area business. After six years, the business has established an ideal fee structure proven to be agreeable to customers that has resulted in consistent revenue and low defaults. The prime location is situated near a highly trafficked intersection in the Plano area. The lease has desirable terms, a positive landlord relationship, and includes no restrictions. The business has its provisional CAB license and a qualified third party lender in place. The location is currently set up as an auto title loan business, but includes the infrastructure to easily add payday loan services. The seller is seeking an immediate buyer and is accepting offers for sale.
C.A.B Consulting and Brokerage is brokering multiple sales of auto title loan and payday loan locations throughout Texas. Contact C.A.B. Consulting and Brokerage to sell your current auto title loan or payday loan business or learn more about acquiring businesses for sale.
Contact Michael Brown, principal of C.A.B. Consulting and Brokerage, at 214.293.8676.
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There is no need to run a new credit history verify after you make application for an automobile title loan because it will be based upon the significance on the automobile. Car title loans are usually secured motor finance, which means that upon finalizing your own loan that you are affixing your signature to over your own car’s title towards bank. They then keep this title throughout the period on the loaning period.