Home-Based Abstracting/Title Services Company for Sale at $249k.

Minneapolis, MN (Anoka County) (Relocatable)

Seller Financing Available
Home-Based Abstracting/Title Services Company for Sale at $249k.
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Asking Price: $249,000

Cash Flow: $100,122

Gross Revenue: $208,337

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2002

Home-Based Abstracting/Title Services Company for Sale at $249k.

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Business Description

This home-based Abstract/Title Services Company is located in the Twin Cities and primarily services clients in the metro area. This turnkey business is a wonderful opportunity for someone with abstracting experience. Key attributes include:
- Well-established residential real estate abstracting and title services Company.
- Steady business, proven recession proof.
- A simple business model that provides a necessary service to the real estate industry without having to carry inventory.
- Owner’s cash flow has averaged $124k over the past 4 years.
- Numerous growth opportunities.
- Besides the owner who is a licensed Abstractor, the company has a FT Abstractor and PT data entry clerk. Both work remotely.
- With a computer and Wi-Fi, you can run this business from home or while traveling…its perfect for MN snowbirds that need some sun in the winter months but can’t afford to leave their business behind.
- Seller Financing will be considered, but only for buyers that have prior abstracting experience.
- It’s also a great bolt-on opportunity for an existing Abstract/Title Search Company looking to expand and grow.
- Asking price is $249k and Seller Financing is available to a qualified buyer with $75k down.
For more information, please contact Greg Bast at (612) 238-1295, GBast@sunbeltmidwest.com or Randy Krivo at (612) 843-0075, RKrivo@sunbeltmidwest.com.

Detailed Information

Location:
Minneapolis, MN
Employees:
2
Facilities:
Home Based
Financing:
174000
Reason for Selling:
Other Business Interests
Home-Based:
This business is Home-Based
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Sunbelt Business Brokers and M&A Advisors

Business Listed By:
Sunbelt Business Brokers

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