Full Service Escrow Company
Location California,United States
Asking Price Range < $250K
Gross Revenues $486000
Net Profit / Cash Flow $97000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2006
Number of Employees 6 - 9
Relocatable Yes
Number of Employees 6 - 9
Real Estate Leased
Training Excellent.
Reason for Sale New ventures.
Description This firm is an independently owned escrow company. The staff is experienced and knowledgeable with over 20 years in the escrow industry. The Escrow Manager has over 29 years experience in the escrow business. What sets this business apart is their ability to deliver superb customer service, excellent turn times, and accurate work. This is a fully operational Department of Corporations licensed escrow company, with the ability to operate in 47 states. The business started operations in May of 2005. There are over 50 customer accounts, such as, Fidelity, Progressive, Century 21, ERA, Bankcorp, Coldwell Banker, Prudential, REMAX etc. The business is located in North OC, in a 1,600 SF facility. Monthly rent is $3,421, 3 years term (up in 2 year), with a 3 yr option. Copier lease ($900/month). In 2006 revenue was $486K, with a net of $97K. Asking price for the business is $99,950. Contact for NDA and more information on this Escrow Company for sale.
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