Mortgage Brokerage Firm With Office Building
Location:
United States
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New Hampshire
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Nashua
Industry: Real Estate > Mortgage Brokers
Business Summary
Established in 2002 this rapidly growing company has dramatically increased its gross sales each year and has expanded to become the most successful mortgage brokerage in New Hampshire, Massachusetts and Maine. Recognized by customers, vendors and even competitors as a firm with outstanding integrity and excellent staffing, this company has become an amazing success story with state of the art technology, a variety of customized offerings, and excellent guarantees for their customers. The local media has been extremely complimentary, and several strong relationships have been developed with local area developers and builders. Excellent location with extensive vehicle traffic on major thoroughfare. Great visibility. Strengths: - powerful entrepreneur and sales-oriented owner willing to remain on after the sale. - excellent reputation with large customer base. - diversity of products. - excellent staffing. - perhaps best exposed location in region. Opportunities: - seller has achieved his purpose to build a company and now wants to facilitate hand-off to larger buyer. Support/Training: The owner will provide 30 days of transition assistance and training for the buyer and will be available as a consultant thereafter. Reason Selling: The owner is simply ready for a change. The initiation of the business and the dramatic growth in such a relatively short time has exhausted the seller to some extent and he prefers to return to direct sales and less stress. Contact for more information on this Mortgage Brokerage for sale.
Financials
Asking Price Range: $500K - $1.0M
Gross Revenues:
$550,000
Cash Flow:
$35,000
Cash Flow Type: EBITDA
Inventory: $85,000
Seller Financing: No
About The Business
Year Established: 2002
Number of Employees: 6 - 9
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: 30 days.
Reason For Selling: Other ventures.
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Print Listing Id: 70071160
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