Growing Mortgage Brokerage

Not Disclosed, FL
Palm Beach County

Asking Price: Annual Revenue:
$8,000,000 $12,547,803

Services: Real Estate

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RE: Growing Mortgage Brokerage Broker: JOHN TALIO

Quick Facts

Asking Price: $8,000,000
Annual Revenue: $12,547,803
Net Profit: Not Disclosed
Cash Flow: $1,248,796
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 1995
Employees: 20
BBN Listing #: 123630
Broker Reference #: 0101776740

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Business Overview:

Growing Mortgage Brokerage Firm employing well over 50 Licensed Loan Officers and funding over $400,000,000.00 annually. The licensed Mortgage lender in multiple states. The purchase price includes $1,500,000.00 of the "capital liquidity" requirement of lenders. Please refer to listing number 0101776740, business broker John Talio when inquiring about this listing.

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Property Features and Assets:

Lease/Month: $14,500; Square Footage: 15,000; Building Type: Office Building; Expiration Date: 4/6/2022.

Market Competition and Expansion:

Non Compete : Miles: 20 Years: 2

Reason for Selling:

Other Interests.

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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