Asking Price: $499,000 Gross Revenue: $300,000Cash Flow: $200,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $5,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Small Mortgage Business that is ready to scale, has the investor relations, grandfathered low costs. If you are looking for a turnkey mortgage business that is set up for success this is it. Low rent, Owner is ready for someone new to take over the business and scale it up. The opportunity is there, and the infrastructure awaits you.
About the Business
Fairfax County, Virginia
Number of Employees:
Building Sq. Ft.:
$950.00 Per Month
Office Park, space can be built out to include private offices.
A constant influx of jobs and stability in the Metropolitan area. Amazon Corporate HQ moving to the area will create more real estate transactions, thus more mortgages. Built-in and long-standing relationships with Lenders create the path towards immediate lending at best rates. Partner relationships with Vendors create cost-effective, grand-fathered benefits. Preferred Partner with a key Banking institution creates a stream of leads. Main competition is the onset of more mortgage lending originating from Banks, but their pricing is much higher.
Growth & Expansion:
The office can be restructured to accommodate more individual offices. However, most Loan Officers work just as effectively remotely. This ownership can be Absentee. Expansion is do-able by doubling or tripling staff, thus multiplying gross revenues.
Profitable & Successful Five Star Rated Mortgage Business
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. See our
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