Full Service Mortgage Company For Sale
Location:
United States
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Arkansas
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North Central Arkansas
Industry: Real Estate > Mortgage Brokers
Business Summary
A full service mortgage company for sale, located in a great place to live and raise a family specializing in residential and commercial lending. They offer a variety of loan programs to meet each specific client's needs by working with the leading lenders in the industry including: FHA, VA, USDA, and Conventional.
A great name and reputation have lead them to be rated the best mortgage company in their region for the last 3 years. The have a strong list of repeat customers and several proven producers would like to continue working with the new owner.
The business has faired very well thru the real estate downturn producing $720,000 revenue in 2008 and over $1,000,000 in 2007. The current owner will assist completely thru the transition and further as negotiated. This could be your opportunity to own your own mortgage company. Contact today for more information. Sale price is just 395,000!
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$721,000
Cash Flow:
$233,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $35,000
Seller Financing: Yes
About The Business
Year Established: 1998
Number of Employees: 4 - 5
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Seller will provide training. Reason For Selling: Other business interests.
Click on the "I'm Interested" button above for more information on this Real Estate > Mortgage Brokers business for sale.
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Print Listing Id: 700116421
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