#1374 Wholesale Mortgage Brokerage Business


#1374 Wholesale Mortgage Brokerage Business

Asking Price:$1,630,000

Cash Flow:$450,546

Gross Revenue:$1,252,544





#1374 Wholesale Mortgage Brokerage Business

Get Financing Save Print Share Valuation Report

Business Description

#1374 Wholesale Mortgage Brokerage Business

Location: Central West Florida

Listing Price: $1,630,000 Cash flow: $450,546 Revenues: $1,252,544

Serving Florida statewide for over 10 years and located in central west Florida, this company is a Wholesale Mortgage Brokerage Business. The company’s statewide relationships with industry leaders in wholesale mortgage lenders allows the company to provide the most competitive mortgage available to the market.

The company’s cash flow and profitability has increased each year since its inception. 2017 revenue is traveling at an 8% increase above 2016.

The company continues to secure high gross margin and increased cash flow through the company’s wholesale mortgage operation by managing and servicing its quarterly reoccurring client referral based portfolio. The company’s compensation for mortgages is paid 100% by the lender which provides consistent cash flow to the company and zero cost to borrowers by way of wholesale lending. The company’s year over year increase in revenue and gross margin has provided the cash flow required for consistent company growth. The company profits have remained available for increasing owner’s compensation and distribution.

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

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

Listing Statistics for Premium Members

Ad#:1269684 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Larry Lawson

Business Listed By:
Larry Lawson

Viking Mergers & Acquisitions

Show Phone Number

View My Listings

Sponsoring Broker:
Jay Offerdahl

Find out more...

Get more details about this business.

Similar Listings

Commission Express

Franchise Opportunity
Capital Required: $100,000