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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   >>   Kansas Businesses For Sale Categories   >>   

Mortgage Company Successful And Profitable

Location  Kansas,United States
Asking Price Range  $2.5M - $5.0M
Gross Revenues  $4000000
Net Profit / Cash Flow  $1200000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1999
Number of Employees  50 - 99
Inventory  250000
Relocatable  Not Disclosed
Number of Employees  50 - 99
Real Estate  Leased
Training  Any nececssary training & support negotiable.
Reason for Sale  Other business interests.
Description  Business for Sale Business Type: Mortgage Banking/Brokerage Company Sale Price: $3.5MM Gross Revenues: $4.7MM Cash Flow: $1.2MM # of Offices: 4 (in 3 states, licensed in 5 states) # Employees: 70 full time (60 producers, 10 admin) Years in Business: 10+ Sale Reason: Owner pursuing other interests. - Experienced Staff - All A-paper & FHA loans - Extremely low loan default rate - Licensed to do Government & Conventional Loans - Averages $8MM in volume per month - Exceptional growth and income potential especially for bank chartered institution's purchase - Superior Systems & Procedures Kept Company Profitable During Difficult Times - Owner will consider staying on for long term consulting or as equity partner - Purchase terms negotiable - Non-disclosure agreement required prior to release of more detailed information - Will pay brokerage an agreed upon commission if closes under right terms - Serious inquiries only, no solicitations please. Contact for more information on this Mortgage Company for sale.
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