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LockBox Check Processing Company

#26844
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Jeannette026-FINAL 4 LIGHT GRAY

Jeannette Engel
Union Bay Group
(206) 783-1717

Business Overview

Company combines hardware, software, processes, and 40 years of banking relationships to process and provide access to receivables information quickly and accurately.



Founded and currently owned by the same entrepreneur who has positioned the company to capitalize on significant growth potential with a next-generation management team.

? There is a strong customer base with deep relationships that has been built over 40 years and generates consistent monthly revenue.

? End to end transaction processing services include image-based electronic lockbox, document imaging and archiving.

? Advanced image-capture technology and searchable archive allows customer to retrieve and view clear check and invoice images, removing paper from the process (unique compared to industry).

? Established banking relationships provide pricing structure and information offered by competitor banks, creating unique cost advantage.

? Core team of staff capable of sustaining growth.

Listing Details

  • SIC

    73

  • Price

    $2,000,000

  • Downpayment

    N/A

  • Adjusted Net

    $774,239

  • Annual Sales

    $1,612,001

  • Area

    Southwest (OK, AR, LA, TX)

Relocatable

Home Based

Franchise

Lender Pre-Qualified

  • A/R

    N/A

  • Inventory

    N/A

  • FF&E

    N/A

  • Leasehold

    N/A

  • Vehicles

    N/A

  • Real Estate

    N/A

  • Other Assets

    N/A

  • Total Assets

    N/A

  • Included

    N/A

  • Current Liabilities

    N/A

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