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Residential Mortgage Business For Sale
Location: United States -> New Jersey -> Cherry Hill
Industry: Real Estate > Mortgage Brokers

Business Summary

Very well established residential mortgage buisness located outside Philadelphia in Cherry Hill New Jersey. This business has a great following and on-going loan sources including credit unions and banks. We do not purpose leads as our main source of business comes from our banking industry customers and our repeat business that has survived for 25 years. Located off Route 70 in Cherry Hill, we are highly visable and have negoiated a very attractive lease. Limited overhead costs, with comissioned sales staff that have been onboard for many years. Licensed in New Jersey but also process and close loans for credit unions in Pa. under their charter. Asking Price including entire infarstructure of computes, phone systems, faxes,copiers and office furniture $100,000.

For more information please contact at 856-857-5733.


Asking Price Range:  < $250K
Gross Revenues:   $180,000
Cash Flow:   $35,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  1985
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Will train and introduce to current sources
Reason For Selling:  Retiring


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Residential Mortgage Business For Sale Photo 1 Residential Mortgage Business For Sale Photo 2 Residential Mortgage Business For Sale Photo 3

Print Listing Id: 700158511
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