National Debt Recovery Agency Specializing in Multi-Family Residential Properties
Financial Details
- Annual Revenue:
- $13,417,000
- Cash Flow / SDE:
- $3,461,000
- Profit Metric:
- Cash Flow
- Location:
- US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This is a national debt recovery agency specializing in the multi-family residential market. The business focuses on purchasing, collecting, and recovering past-due rent portfolios and delinquent debts. With over 50 years of combined experience among its management and staff, the agency is adept at navigating client sales, service, property manager relations, and legal compliance. It generates multiple revenue streams through direct work with end clients and marketplace facilitators in real estate debt collection, including servicing one of the largest property management firms in the US. Ownership reports retaining 30-40% of claimed debt amounts post-collection. The business has experienced substantial growth, with revenue increasing more than fivefold from 2018 to 2023. The agency operates from two leased facilities (7,342 sq ft and 3,378 sq ft) with assumable leases. The ownership is seeking a full exit and is open to various deal structures, with the majority owner transitioning to reduce his role and empower staff.
Industry Information
- Industry Description:
- Debt recovery for businesses in the multi-family residential market.
- Classification:
- Financial Services
Operational Snapshot
- Reason for Selling:
- Owner Exit/Transition
Real Estate & Lease
- Status:
- Assumable Lease
Listing Details
- Listing ID:
- afaf853a-ff49-4705-a919-b8b02729799e
- Deal Status:
- For Sale
- Date Posted:
- April 22, 2024
- Last Updated:
- September 15, 2025
- Currency:
- USD