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- RE: Landbanker And Mortgage Business In Florida
- Contact: EUGENIO LOPEZ NEGRETE
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 |
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:
Retirement
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Florida businesses for sale
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