The company operates from an owner affiliated 2000 sq. ft. facility. The owner DOES NOT want to retire. Seller is open to discussion to stay on board as employee, minority partner or consultant and help grow the business.
Limited Competition -
Growth & Expansion:
Opportunities · Expand sales team to gain access to more opportunities · Increase new originators and loan officers, to drive the company sales· Expand operations in surrounding states. Go National Build upon the company's client base by implementing an advertising program · Ability to increase licensing and lending capabilities with additional capital, increasing overall margins
A buyer bringing technical savvy with digital marketing and implementing online applications, electronic signatures and implementing SEO in various directions would bring ROI
Seller prefer to remain as a consultant, employee or minority partner to expand the business nationally or across different products. Seller see opportunity to partner with a large firm to expand existing relationships throughout different states and across multiple sectors in mortgage industry. Seller will train for 2 weeks at no cost -
Ad Detail Views:
Asking Price: Not Disclosed Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share 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.
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
full Terms & Conditions.