Business For Sale

Mortgage Broker- Metro Milwaukee

Milwaukee Metro, WI

Services: Financial, Accounting, Insurance

Owner Financing is Available
Owner financing may be entertained for a sufficiently well-capitalized buying group.
Asking Price:
Year Established:
Employees:
Listing Number:
$1,800,000
2000
12
6627958
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$2,405,019
Not Disclosed
$876,750
Not Disclosed

Business Overview:

Well established, highly profitable FHA/VA mortgage banker with title company. The mortgage division is one of the top bankers in Wisconsin with nearly $100 million in closed business for the year 2009. The business offers the following services: * Debt Consolidation. * 1st, 2nd Mortgages. * Home Improvement Loans. * Land Contract Option. * No Money Down Purchases (VA). * Cash Back Programs. Sellers do not work in the day-to-day operations of writing loans or title policies – they are focused on strategy and growth opportunities. The company has focused on developing superior marketing combined with cutting-edge technology. Over the past few years, they have developed a process that generates a significantly higher response to their direct marketing than the industry average, which can be proven for a prospective buyer. The current owners are interested in other business opportunities, but would entertain a long term transition/employment arrangement for the right buyer. Owner financing may be entertained for a sufficiently well-capitalized buying group. Property is an option for an additional $1.7 million.

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

Reason for Selling:

Other business interests.

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.

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

Mortgage Broker- Metro Milwaukee
Business Listed By:
Mark Kuether
Sunbelt Business Brokers - WI
contact the seller
 

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