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Business For Sale

Profitable Mortgage Company- Absentee owned

Milwaukee, WI, USA

Services: Financial, Accounting, Insurance

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$687,500
$1,048,287
Not Disclosed
$335138
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1998
22
9167958
Owner Financing is Available

Business for Sale Overview:

This Milwaukee-based business has maintained a healthy profit in the midst of an unpredictable credit and housing climate. This established mortgage company provides FHA and standard loan origination to homeowners throughout the Wisconsin market. This company has an excellent proprietary process and offers flexible programs, as well as fast and easy processing to first time buyers or refinances.This company has maintained an edge in the current financial atmosphere by distinguishing itself from competitors. Quicker than average closing time frame. Excellent marketing presence. Flexible programs. Turn-key operating procedures. Knowledgeable and experienced loan officers. The current owner is absentee. A new owner can step into this role with an experienced staff. In addition, the general manager is willing to stay on, allowing a new owner to maintain an absentee ownership.For more information please contact Ken Demske, Sunbelt Business Brokers, at 262-901-0086. Competition:Banks and credit unions in Wisconsin are main competition. This company utilizes an efficient process and strong marketing presence to attract customers.Support/Training: Seller training is available to a new owner. Length and terms TBD. Financing:Seller financing is available. Seller is willing to carry substantial paper to qualified buyer.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Reason for Selling:

Retirement.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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