Provider of Property Appraisal and Title Solutions

North East

Provider of Property Appraisal and Title Solutions
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $8,100,000

EBITDA: $300,000


Inventory: N/A

Established: N/A

Provider of Property Appraisal and Title Solutions

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Business Description

The Company is a leading national service provider of appraisal and title solutions. In 2017, revenue was derived from appraisals (58%), public records (20%), title and settlement services (17%), and credit reporting (5%). The Company attributes its success to offering a full menu of products and services nationwide, 30 years of operations as a family-run business, a commitment to exceptional customer service, use of superior technology, and competitive pricing.

The Company primarily serves the residential and consumer lending market (75% in 2017) as well as foreclosure and loss mitigation (20%), and public records and information services (5%). With 144 active accounts, the Company serves customers nationwide with a focus (about 70% in 2016) in its regional market. The Company is licensed in 22 states and District of Columbia for title and closing.

Detailed Information

* New State-of-the-Art Facility: The Company designed and built a custom, state-of-the-art facility, taking occupancy in recent years. The facility was designed to maximize use of technology, and create highly efficient and comfortable employee environments to increase output and maximize client satisfaction. It also has substantial capacity for expansion in support of aggressive future growth. * Strong Client Relationships: The Company has many longstanding clients and a high rate of repeat business. For example, it has been doing business with one of its key clients since 2003.
Support & Training:
The Company has a well-established team of managers and executives in all key functional areas all of whom are expected to remain with the Company post transaction. The owner of the Company is retired and not involved in daily operations.
Reason for Selling:
Market timing
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Doug Smith

Business Listed By:
Doug Smith

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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