Service businessNov 5
Student Loan Paperwork and Support Company
It prepares and files federal student loan repayment and forgiveness forms for more than 13,000 borrowers, and monthly support plans bring in about $90,000 a month.
- Ask
- $2M
- Profit
- $645K
- Multiple
- 3.1x
- Ask
- $2M
- Revenue
- $2.82M
- Profit
- $645K
- Margin
- 23%
- Multiple
- 3.1x
- Age
- ~6 yrs (2020)
How it rates
ValuationFair
Other online service businesses we've tracked mostly ask 2.8–4.5x profit, or 2.8–5.4x adjusted for its size; this one asks 3.1x.
Durability
About 6 years old and revenue doubled from 2023 to 2025, but how it finds clients isn't stated.
Hands-off
Department managers run sales, processing and client service; the owners spend under 2 hours a week.
Why it's interesting
- Monthly support agreements make up roughly 38% of revenue (about $1.08M a year, calculated from the stated $90,000 a month), with enrollment fees on top.
- Revenue roughly doubled from 2023 to 2025.
- Two older repayment plans close in July 2028, so enrolled borrowers on them must switch, which suggests a run of paid paperwork ahead.
- All work is done by phone and online for borrowers nationwide, so a buyer isn't tied to its Southern California base.
What to watch
- A free yearly income update from the Education Department, for borrowers who share tax data, now covers much of the paperwork clients used to pay for, so the core service is likely shrinking.
- Card disputes are a named risk: too many could cost the business its payment processor, and cancellation and dispute rates aren't given.
- Demand rides on federal policy, which keeps shifting: a court ruling ended the most-used income-based plan and a replacement launched in July; fees for student loan help are also likely subject to FTC and state rules.
- The period behind the revenue and profit isn't stated, and the underlying broker isn't named, with contact details locked.
Ask the seller
- What share of clients cancel or dispute a charge each month, and has that changed since the free income update began?
- How do new clients find the business, and what does each enrollment cost to win?
- What period do the $2.8M revenue and $645K profit cover, and what were revenue and profit in each of 2023, 2024 and 2025?
Growth plays
- Contact enrolled borrowers on the two plans closing in July 2028 with a paid plan-switch package, a play the listing points to.
- Offer the service to employers as a student loan benefit for staff, a channel that brings clients without consumer advertising.
Nov 6Added to Acumen Wire