19 Year Old Mortgage Company

Location: United States -> Massachusetts -> Plymouth County
Industry: Real Estate > Mortgage Brokers

Businesses for sale Summary

19YR old mortgage company for sale – Fha, Ma, Fl And Vt, with a long history of Great Service for sale. We have a database of over 5k clients. We have offered great service so most of our business has been repeat and referral. Owner may stay with the business for the transition. I would suggest buyer keep the phone number specially during this boom that should be happening over the next year or two. This is a great opportunity for a large company or small to buy and take over. The business is only worth the paper it has wrote in the past there is no rent expense or anything else currently. Current owner has other interests at this time but will help with any kind of transfer and will write loans if needed. If the right person or company takes over this will be a huge income potential in a short period of time. Serious inquiry’s please this will be a quick deal with the right offer…

Financials

Asking Price Range:  < $250K
Gross Revenues:   $1,500,000
Cash Flow:   $75,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $10,000
Seller Financing:  Yes

About The Business

Year Established:  1989
Number of Employees:  1 – 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Not Applicable

About The Sale

Management Training and Support:  Yes.
Reason For Selling:  Other interests.