Mortgage Company Successful And Profitable
Location Kansas City, 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.
Description 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.
Click Here To Contact Seller
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