Seller Financing: The seller is seeking an all cash transaction; however, terms are negotiable based on the strength of the purchaser.

Our client is a well established title insurance agency with a history that spans several decades. Historically, this has been an extremely profitable business. The title insurance industry - tied to the local housing market - has been in a trough the last couple of years nationally, and for the past four years in the State of Michigan. Looking forward, the recent interest rate cut by the federal governments should help stimulate the title business; refinancing and real estate sales once again. The principal assets of the company are its comprehensive title plant, customer base, talented people, and sterling reputation. The company can trace the complete history of any piece of real estate in their county back well over 40 years, and provides a full range of title services. Since 1997 the company's revenues have ranged from a low of $655,324 to a high of $1,541,875. The EBITDA during this same period has ranged from a low of ($141,593) to a high of $566,099. The purchase price for this transaction is negotiable. A third party valuation was performed as of June 30, 2007 by a recognized investment banking firm and will be made available to prospective, qualified buyer

Year Established: 1920

Management Training and Support: Management understands that it is in both the buyers and seller's best interest for a smooth transition. The seller is willing to work with the buyers through a reasonable transition period and provide a covenant not to compete.

Reason For Selling: Due to personal reasons they have lost some desire to continue operating the business.