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  • RE:  Landbanker And Mortgage Business In Florida

Quick Facts

Asking Price: $10,500,000
Annual Revenue: $3,102,000
Net Profit: $880,000
Cash Flow: $880,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $11,000,000
Year Established: 1980
Employees: 8
BBN Listing #: 715848163
Broker Reference #: Not Disclosed

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Business Overview:

For over 40 years providing dealing with land, real estate management, and mortgage financing, the owner of this Company is ready to retire and sell the Company to an owner that can take it to a next level. Three active projects with: replacement cost for over $6MM, sale value of over $ 15MM, high yield mortgage performing assets of over $3.0MM, successful marketing program and international broker network project backlog: acquisition of $15MM, potential sale price over $40MM the next five years.

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Reason for Selling:


Additional Details:

  • The property is owned.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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