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Businesses For Sale   >>   Real Estate Businesses For Sale

Residential Mortgage Business For Sale

Location  New Jersey,United States
Asking Price Range  < $250K
Gross Revenues  $180000
Net Profit / Cash Flow  $35000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1985
Number of Employees  1 - 3
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Leased
Training  Will train and introduce to current sources
Reason for Sale  Retiring

Description  
Very well established residential mortgage buisness located outside Philadelphia in Cherry Hill New Jersey. This business has a great following and on-going loan sources including credit unions and banks. We do not purpose leads as our main source of business comes from our banking industry customers and our repeat business that has survived for 25 years. Located off Route 70 in Cherry Hill, we are highly visable and have negoiated a very attractive lease. Limited overhead costs, with comissioned sales staff that have been onboard for many years. Licensed in New Jersey but also process and close loans for credit unions in Pa. under their charter. Asking Price including entire infarstructure of computes, phone systems, faxes,copiers and office furniture $100,000. For more information please contact at 856-857-5733.


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