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Business For Sale
WELL ESTABLISHED MORTGAGE BROKERAGE
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Asking Price: |
$300,000
USD USA Dollars
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Business for Sale Industry: |
Services: Financial, Accounting, Insurance
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Reason for Selling:
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Retire |
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Year Established:
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2000 |
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# of Employees:
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3 |
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Yearly Revenues:
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$262,805 |
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Yearly Cash Flow:
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$67,348 |
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Yearly Net Profit:
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$151,967 |
Business for Sale Overview:
This well established mortgage brokerage works diligently to help their clients obtain the home of their dreams. They work mainly with residential clients in Tennessee. They offer simple and worry free loan processes. Approximately 75% of their business comes from repeat or referral customers. This mortgage brokerage has built a solid reputation based on personal relationships with their clients. This business can be relocated, but real estate is also available as an option with the sale. The current owner will teach a new owner how to create a referral based business. This industry is picking back up, and this is a great time to get into the mortgage broker business!
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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