High Profit Biz Syndicating MCA's Join Kevin Harrington
Asking Price: | $50,000 |
Gross Revenue: | $20,000 |
EBITDA: | $20,000 |
Established Year: | 2023 |
Cash Flow: | $20,000 |
Inventory: | $20,000 |
FF&E: | $1 |
This business is so solid that Kevin Harrington one of the original shark tank sharks is also a partner is this same business.
This incredible business is simple. There are no operating other than basic accounting.
The only thing you need is working capital with a minimum of $50,000. When you see how it works you may want to increase the working capital. The more working capital the more profit.
We have an agreement with a Funding company that provides capital to small businesses. The advances are called Merchant Cash Advances. The Funding company earns factor rates equivalent to 80% to 90% per year. The Funding company offers millions of dollars of advances to thousands of companies each year.
When the funding company originates a new advance, they offer us the opportunity to purchase a portion of the contract. If we accept the offer we can decide how much of the available advance we would like to purchase for our business.
For each advance we purchase we start to receive cash payments starting immediately from for time of the advance.
The funding company handles all of the origination, administration and collections. Every detail of the transaction is provided to us via a robust web-portal.
As the owner of this business you decide if you would like profits paid out our left in the business to continue to grow the value.
Your time commitment for this business is about 15 minutes per day and can be conducted with your smart phone and a review of your bank account.