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Florida Commercial and Agricultural Lender

Orlando, FL (Orange County) (Relocatable)

Seller Financing Available
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Asking Price: $100,000

Cash Flow: $140,000

Gross Revenue: $160,000

EBITDA: $140,000

FF&E: $5,000

Inventory: N/A

Rent: $700 /Month

Established: 2008

Florida Commercial and Agricultural Lender

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Business Description

Florida Commercial and Agricultural RE Lender

Opened in 2008, Popular Commercial Lending Group, Inc. (PCLG) operates as a correspondent lender and syndicator of institutional/private equity funds to close 1-3 year bridge loans on Commercial, Multifamily, Hospitality and Agricultural real estate assets. PCLG earns 1% fee on closed transactions (ie. $10 million loans x .01 = $100,000). PCLG is a highly branded business in the financing industry having heavily marketed for the past 11 years. Popular is selling our Florida operation enabling a buyer to build the business throughout the state with unlimited income potential. This opportunity is a good fit for a buyer with experience in business, mortgage, finance, banking, CPA, financial planning, real estate and/or sales.

Detailed Information

Location:
Orlando, FL
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
12/31/2019
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
An attractive aspect of running a commercial and agricultural lending group is low overhead with limited facility needs.
Competition:
Extensive market throughout the state of Florida
Growth & Expansion:
Ability to grow throughout the state.
Financing:
Seller may consider 50% of sales price seller financing.
Support & Training:
Long term support.
Reason for Selling:
expansion
Business Website:
http://www.popularcommercial.com
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Business Listed By:
Darin Young

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