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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Colorado Businesses For Sale Categories   >>   

Equity-Based / Hard Money Lending Firm

Location  Colorado,United States
Asking Price Range  $2.5M - $5.0M
Gross Revenues  $950000
Net Profit / Cash Flow  $750000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2002
Number of Employees  1 - 3
Inventory  4000000
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Leased
Description  This Internet-based Hard Money Lending Firm specializes in short-term private mortgages on residential and commercial real estate. Loans are well collateralized (maximum 70% as-is LTV) and are typically paid off within 6-9 months. Revenues are generated from interest charges (12 - 18%) and origination fees/points (3 - 5 points). Leads are currently generated 100% via the company web site and word of mouth referrals. Asking price includes note portfolio. Company would benefit significantly from additional capital as it is currently turning away a substantial amount of business. Seller would consider a full or partial sale, or would also consider working with private accredited investors seeking a safe ROI. Absentee ownership possible. Contact for more information on this Equity-Based / Hard Money Lending business for sale.
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