#1329 Wholesale Mortgage Brokerage & All-Lines Insurance Agency

FL

#1329 Wholesale Mortgage Brokerage & All-Lines Insurance Agency

Asking Price:$1,450,000

Cash Flow:$374,205

Gross Revenue:$1,182,399

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:N/A

#1329 Wholesale Mortgage Brokerage & All-Lines Insurance Agency

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Business Description

#1329 Wholesale Mortgage Brokerage Business & All-Lines Insurance Agency
Location: Central West Florida
Listing Price: $1,450,000 Cash flow: $374,205 Revenues: $1,182,399

Serving Florida statewide for over 10 years and located in central west Florida, this Company is a combined Wholesale Mortgage Brokerage Business and All-Lines Insurance Agency. The Company’s statewide relationships with industry leaders in wholesale mortgage lending and access to large insurance carriers allows The Company to provide the most competitive mortgage and insurance products available to the market. In addition, they analyze client’s insurance and mortgage needs in order to make a customized plan that will lower costs and improve coverage.

The Company’s cash flow and profitability has increased each year since its inception. 2016 revenue is traveling 11% above 2015 revenue at $1,312,000 • Seller’s 2016 Modified EBITDA / Discretionary Earnings are trending 13% above 2015 at $432,000.00.

The company continues to secure high gross margin and increasing cash flow through the Company’s mortgage operations, writing new homeowner’s & personal policies, commercial policies, and by managing the yearly reoccurring insurance renewal portfolio. Their compensation for mortgages and insurance is paid by the lender and carriers who provide consistent cash flow as the revenue increases.

This is a solid growth opportunity to pursue a career in wholesale lending and insurance entrepreneurship.

For more information on this listing, contact Larry Lawson at (813) 773-3773 or at lawson@vikingmerger.com

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Larry Lawson

Business Listed By:
Larry Lawson

Viking Mergers & Acquisitions

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Sponsoring Broker:
Jay Offerdahl

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