Title Insurance Agency: Profitable & Growing
Location Ohio,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $1490500
Net Profit / Cash Flow $433200
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2004
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Will provide support and training.
Reason for Sale Owner is ready for retirement.
Description Full service real estate title insurance company provides comprehensive title insurance, title examination, closing and escrow services for residential and commercial properties.
- Multiple locations -modern offices
- Updated technologies
- Experienced and tenured staff
- Dedicated marketing team
- Well-known and respected in marketplace
- Number of closings have grown from 347 in 2004 to 913 closings 2013
- June and July 2014 monthly closings are highest in company history
- Four year compound annual growth rate in revenues: 15%
- Four year compound annual growth in SDE: 15.7%
- Excellent percentage arrangements with national underwriters
- Hoover's forecasts 4% annual compound growth rate through 2018
- Reason for Sale: Owner wishes to retire.
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