Mortgage Brokerage For Sale
Location Colorado,United States
Asking Price Range $250K - $500K
Gross Revenues $500000
Net Profit / Cash Flow $125000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1994
Number of Employees 4 - 5
Relocatable Yes
Number of Employees 4 - 5
Real Estate Leased
Training Management team willing to stay on for up to 5-years
Reason for Sale Retirement planning
Description Twenty-year old Colorado Mortgage Brokerage Business for sale $500,000. We are actively lending and fully licensed. Incorporated in 1994, A+ Rating with the BBB. Management team willing to stay on for up to 5-years in off-site consulting position giving new owners sufficient time to take over management and have necessary time in business (if needed) to switch all wholesale agreements and licenses to new ownership team.
Our team is currently originating and closing loans in Colorado and have several seasoned wholesale lending relationships/agreements in place and are able to obtain additional agreements as needed. We have an established presence and history of lending in the Denver Metro, Foothills, and mountain communities of Colorado. We have an extensive customer database and an A+ Rating with the BBB. We currently have four licensed mortgage loan originators.
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