MergerPlace

Profitable Mortgage Lending Business

Orlando, Florida (Brevard)


  • Asking Price: $1,099,000
  • Gross Income: $737,604
  • Cash Flow: $143,102
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #224051
  • Established: 1991
  • Employees: 1 FT

Business Description

This business will help you achieve 10% ROI on any money you can invest, besides the initial Cash Flow!
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.


Business Details

Primary Business Category: Services - Other Services
Location: Florida
Metropolitan Area: Orlando
County: Brevard

Company Information

Year Established: 1991
Home Based: Yes
Franchise: No
Relocatable: Yes
Number of Employees: 1 FT

Financial Information

Asking Price: $1,099,000
Gross Revenue: $737,604
Cash Flow: $143,102
Seller Financing Available: No

Property Information

Facilities:

Home-based

Reason for selling:

Retirement

Support & Training:

Ten weeks of training at no cost

Contact Business Seller

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Business Listed By:

Chris Redmond

Transworld Business Brokers of Central Florida