Mortgage Company Successful And Profitable

www.GlobalBX.com

Listing ID: 700130144

Listing Title: Mortgage Company Successful And Profitable

Quick Link: http://www.globalbx.com/listing.asp?bId=130144

Industry: Real Estate

Industry Segment: Mortgage Brokers

Country: United States

State / Province: Kansas

Area

City: Kansas City

Asking Price Range: $2.5M - $5.0M

Gross Revenues: $4,000,000

Cash Flow: $1,200,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1999

Number of Employees: 50 - 99

Business 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 institutionís 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.



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