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Business For Sale

Mortgage Broker - Metro Milwaukee

Milwaukee Metro, WI

Services: Financial, Accounting, Insurance

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$1,800,000
$2,405,019
Not Disclosed
$876750
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2000
12
6627958
Owner Financing is Available!

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 to the left. 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.
 

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