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Business For Sale

Profitable Mortgage Company- Absentee Owned

Milwaukee, WI, USA

Services: Financial, Accounting, Insurance

Owner Financing is Available
Seller financing is available. Seller is willing to carry substantial paper to a qualified buyer.
Asking Price:
Year Established:
Employees:
Listing Number:
$687,500
1998
22
9167958
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$1,048,287
Not Disclosed
$335,138
Not Disclosed

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. Support/Training: Seller training is available to a new owner.

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

Property Features and Assets:

This business occupies a 2,300 square feet leased facility.

Market Competition and Expansion:

Banks and credit unions in Wisconsin are main competition. This company utilizes an efficient process and strong marketing presence to attract customers.

Reason for Selling:

Retirement.

Additional Details:

  • The property is owned.
  • The owner is not 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.

Contact the Seller:

To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.

Additional Information

Profitable Mortgage Company- Absentee Owned
Business Listed By:
Ken Demske
Sunbelt Business Brokers - WI
contact the seller
 

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