Mortgage Brokerage

Not Disclosed, MI Oakland County

Asking Price: $79,000

Annual Revenue: $128,659

Services: Professional

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RE: Mortgage Brokerage
Contact: Armen Nazarian

Owner Financing is Available!

$79,000 with $40,000 down, 7% interest, amortized over 36 months.

Quick Facts

	Asking Price:	$79,000
	Annual Revenue:	$128,659
	Net Profit:	Not Disclosed
	Cash Flow:	$54,751
	Total Debt:	Not Disclosed
	FF&E:	Not Disclosed
	Real Estate:	Not Disclosed
	Year Established:	2021
	Employees:	1
	BBN Listing #:	228252001
	Broker Reference #:	0556

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Business Overview:

This is a great opportunity to own a Mortgage Brokerage firm in Oakland County. Established in 2021, this brokerage holds 4 state brokerage licenses, MI, TX, CO, and GA. All the tedious paperwork has been completed to achieve theses licenses and now Seller wants to move in a different occupation direction. Domain name, website and 10DLC marketing license (allows for text blast without compliance backlash) are included in the sale. Multiple lead generating avenues have been planted for the new owner to expand in multiple directions. Currently registered with United Wholesale Mortgage (Conv, VA, FHA, USDA) with Flagstar and Pennymac as backup options along with DSCR lenders for Investors. Also, new owner will get a referral contact that will set appointments with realtors via social media and set calls and eventually face-to-face appointments. Current owner does minimal advertising…a new owner operator with some creative advertising/marketing along with implementing the multiple lead generating avenues that come with the business, you have HUGE potential. This is a turn-key business ready for a new owner to take it to the next level. Seller will transfer all accounts and documents to new owner and will stay on for the transitional period to train Buyer along with closing a couple of loans with new owner. Don’t miss out on this great opportunity! Call Armen Nazarian @ 248-231-7714 or visit www.armennazarian.com

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Property Features and Assets:

This is a great opportunity to own a Mortgage Brokerage firm in Oakland County.

Market Competition and Expansion:

Current owner does minimal advertising…a new owner operator with some creative advertising/marketing along with implementing the multiple lead generating avenues that come with the business, you have HUGE potential.

Reason for Selling:

Other Business Interests.

Additional Details:

The property is Leased.
The owner is willing to train/assist the new owner.
This is not homebased business opportunity.
This is not a franchise resale opportunity

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