Profitable Mortgage Lending Business in Central Fl

Not Disclosed, FL
Brevard County


Asking Price: Annual Revenue:
$1,099,000 $737,604

Services: Real Estate


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RE: Profitable Mortgage Lending Business in Central Fl Broker: Chris Redmond

Quick Facts

Asking Price: $1,099,000
Annual Revenue: $737,604
Net Profit: Not Disclosed
Cash Flow: $143,102
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1991
Employees: 1
BBN Listing #: 5878630
Broker Reference #: 2301391556

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Business Overview:

It all started 29 years ago, with a group of Real Estate Investors looking for a better and safer return on their money. An Investment Group was formed to fund Investor Mortgages. A multi-pronged and integrated Mortgage Lending Group business is now for sale. It includes a Licensed Mortgage Lending Company managing the Mortgage payments and administering the funding, Loan Payoffs, and Servicing of the loans and accounting. A Mortgage Brokerage Business originating Short Term First Mortgages (STFM) to Real Estate Investors in the Fix & Flip Real Estate Investment Business. And a Lead Generation Platform: A Not-for-Profit Real Estate Educational Seminar Business Sponsored and run by the Mortgage business. Business is extremely profitable (10% ROI) and operates in Central Florida. It has a great Client base and excellent relationships with RE investors, realtors, and attorneys and has strong financials. It has managed to produce a steady stream of secured, high-quality, high yielding, low-risk, and low LTV loans, without ever having had a default in its history. The prospective buyer will need good working capital beyond the asking price to take full advantage of this business and eventually replace the Lending Group using its monies for higher returns. 10 Million Dollars will earn you 1 Million a year! Certified Financials will be provided on request with a bank qualification letter. Please refer to listing # 2301391556 and business broker CHRIS REDMOND when inquiring on this listing.

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Property Features and Assets:

Home-based

Reason for Selling:

Retirement

Additional Details:

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

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