20 Year Old Foreclosure Business
Location California,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1200000
Net Profit / Cash Flow $200000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1987
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Description Efficient and profitable foreclosure business in real estate rich Southern California. Operating for over 20 years and trusted in the industry with a strong team behind its operation. This is a turn key operation which also owns a very desirable website address (4closure.com). Currently located in Newport Beach with nice office and motivated, experienced staff. Generates over $1,000,000 in revenue every year and is profitable. It's perfect for expansion in this market as foreclosures are only going to keep rising for the next year or two. There is more than enough business for this operation and it needs someone to either continue to manage and make a good living each year or expand and make an even better living. Currently for sale for $1.5M, please email or call Mike Reinboth at 858-204-6085 or for any additional details on this Foreclosure business for sale.
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