Successful And Growing Mortgage Company
Location Colorado,United States
Asking Price Range $250K - $500K
Gross Revenues $1400000
Net Profit / Cash Flow $145000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2003
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Training As needed for successful transition.
Reason for Sale Owner wants to spend more time with new baby.
Description This company is a diversified B2C financial services firm. The core business is originating residential real estate mortgages but the company also provides settlement services and is growing a real estate brokerage business. Despite difficult economic conditions, the company has grown through the economic downturn. Business in the first half of 2009 is at about the same level as last year but the owner has added staff in anticipation of second half growth.
The perfect buyer for this firm would be a licensed mortgage broker who is looking for a way to increase his earnings leverage. A potential buyer without a mortgage license would need to retain the current owner while getting licensed and learning the real estate and mortgage markets. The key skills a buyer needs are financial analysis and management skills. Contact for more information on this Mortgage Company for sale.
Click Here To Contact Seller
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