“BUY NOW PAY LATER” DIGITAL PLATFORM
Posted by: Henry Chow | April 4, 2022
Description
Online business of offer Aussie families affordable access to sustainable energy solutions through an easy "Buy Now Pay Later" digital platform
Sold - Brisbane QLD
Short Summary
This business is an online green energy lending platform that provides loans for Aussie homeowners to purchase solar systems and home improvement projects. It offers credit services via its digital payment platform based on “Buy Now Pay Later” model.
Key Selling Points
- Under Management
- Passive Income
- Home based
- Short hours
- Flexible hours
- Recession proof
- Low Overheads
- No Stock requirements
- Cashflow Positive
- Cash Cow!
- Non-hands on Owner
- Strong year to year Sales
- Strong year to year Growth
- Strong year to year Profits
- Low Rent
- High Profit Margins
- Online-based
- Simplistic business
- Clean business
- Clean financials
- No Direct Competition
- Niche Industry
- Niche Business
- Preferred Supplier
- Long-term Customers in place
- 80% Repeat Work
- Preferred Supplier arrangements in place
- Booming Industry!
- Constantly knocking back work!
- Advance Sales and Orders in place
- High percentage of organically driven sales
- Expansive Social Media Presence
- Expansive Online Presence
- Short working week
- Ideal family business with opportunities to take holiday periods off!
- No weekend work!
- Can work remotely from anywhere in the world with access to Computer, Internet and Phone!
- Proven trading through Covid
- No exposure to Covid restrictions
This business is an online business in a fast growing digital credit service industry.
1. An operating and functioning “Buy Now Pay Later” business
2. Well positioned and coupled with first mover advantage in an attractive market with ESG (Environmental, Social, and Governance) tailwind
3. Success driven by access to distribution and effective credit check management
4. Proprietary technology
5. Deep Contractors Relationships and Proven Sourcing Capabilities
6. Strong Margins
7. Strong passive income model
9. Scalability is unconstrained
10. Totally under-management
11. Credit only accessible to Homeowners, expose to “zero” risk
Dashboard:
• Three years old online “Buy Now Pay Later” credit service platform
• Total loan book – $820,00
• Loan Investment – $600,000
• Profit – $220,000 (variably over 12 to 60 months)
• Over 200 loan applications received (70 approved)
• Monthly Expenditures – $15,000 (Personnel & Misc.)
Contact Henry Chow 0421 040 857|Jeevesh Thaman 0451 559 383
Asking $1,050,000 [$650,000 + loan book $400,000]
Ref. no. BUY2156
Confidentiality Agreement
Property Features
Real Estate Agent's
- About
- Bio
- Recent Listings
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- About
- Bio
- Recent Listings
- PROFITABLE AND SUCCESSFUL FRUIT AND VEG BUSINESS IN CENTRAL GOLD COAST LOCATION
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- RECESSION PROOF WITH PLENTY OF UPSCALE POTENTIAL
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- HOMEBASED SEMI-PASSIVE NET PROFIT 100K
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