Established & Successful Mortgage Brokerage
Location Utah,United States
Asking Price Range $500K - $1.0M
Gross Revenues $571086
Net Profit / Cash Flow $350676
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1995
Number of Employees 1 - 3
Inventory 10000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training negotiable as needed
Reason for Sale retirement
Description For almost 20 years, this company has offered home purchase loans, refinancing and home equity lines of credit. The current owner works from home approximately 30 hours a week, generating business by word of mouth. A new owner who dedicates some resources to advertising and marketing could significantly grow the business and take advantage of the steadily improving real estate market. Asking price is $600,000 and seller financing is negotiable for a qualified buyer.
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