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Businesses For Sale   >>   Mortgage Brokers Businesses For Sale

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.

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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