Mortgage Processing Company
Location: North Carolina > Mecklenburg County > Charlotte and Lake Norman
Industry: Real Estate > Other Real Estate
Financials
Asking Price: $100,000
Gross Revenue: $63,000
Gross Revenue Comments: Sales up 25% in 2008
Cash Flow: $45,000
Cash Flow Comments: Cash flow projected be $65000 in 2008
FF&E: $5,000 (Included in Asking Price)
Business Summary
Sales and Profits are up 25% this year (2008) !!! This company processes real estate loans, thereby providing big savings to banks, mortgage brokers, and other real estate firms by outsourcing their loan processing to them. This saves them payroll, admin, HR, and other costs, as the real estate market continues to flucuate. Very expandable, 2 offices located in Charlotte and the lake Norman area of North Carolina. seller will train, no license needed!
About the Business
Year Established: 1999
Employees: 2 full time -
Facilities: 2 office locations, fully equipped
Market Outlook and Competition: fairly new concept, very expandable and profitable
About the Sale
Management Training and Support: Seller will train
Reason For Selling: seller moving from area
Attached Files - Attachment Disclaimer
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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