Business Overview:
15 yr. established Home Mortgage Company for sale in E. Tampa. Non-franchise. Many types of Loans: Conventional, VA, FHA, USDA, Re-fi, Home Improvement, etc. 7 on staff. 4 FT originators. Owner can stay on & do sales/transition for a for weeks or months if needed. Owner has this business at a size that works for them. New buyer may choose to add more states or marketing area easily. 2022 lower price & earnings estimates takes into account a nationwide slump in re-fi's & higher interest rates. Excellent reputation in Tampa area; only mortgage office within many miles. A mortgage license or background in this industry is preferred. Buyer please provide a Financial & Business Bio.
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Property Features and Assets:
East Tampa. 2 employees work remotely from another state. Owners work in office and remotely from another state at times too.
Assets = $63,172
Market Competition and Expansion:
Lots of potential for growth either in FL or go national.
Reason for Selling:
Getting retirement age. Been doing it 30 years.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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