Mortgage Brokerage
Not Disclosed, MI Oakland County
Asking Price:
$79,000
Annual Revenue:
$128,659
Request More Information Contact the Seller
- RE: Mortgage Brokerage
- Contact: Armen Nazarian
Owner Financing is Available!
$79,000 with $40,000 down, 7% interest, amortized over 36 months.
Quick Facts
| Asking Price: | $79,000 | |
| Annual Revenue: | $128,659 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $54,751 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2021 | |
| Employees: | 1 | |
| BBN Listing #: | 228252001 | |
| Broker Reference #: | 0556 |
Business Overview:
This is a great opportunity to own a Mortgage Brokerage firm in Oakland County. Established in 2021, this brokerage holds 4 state brokerage licenses, MI, TX, CO, and GA. All the tedious paperwork has been completed to achieve theses licenses and now Seller wants to move in a different occupation direction. Domain name, website and 10DLC marketing license (allows for text blast without compliance backlash) are included in the sale. Multiple lead generating avenues have been planted for the new owner to expand in multiple directions. Currently registered with United Wholesale Mortgage (Conv, VA, FHA, USDA) with Flagstar and Pennymac as backup options along with DSCR lenders for Investors. Also, new owner will get a referral contact that will set appointments with realtors via social media and set calls and eventually face-to-face appointments. Current owner does minimal advertising…a new owner operator with some creative advertising/marketing along with implementing the multiple lead generating avenues that come with the business, you have HUGE potential. This is a turn-key business ready for a new owner to take it to the next level. Seller will transfer all accounts and documents to new owner and will stay on for the transitional period to train Buyer along with closing a couple of loans with new owner. Don’t miss out on this great opportunity! Call Armen Nazarian @ 248-231-7714 or visit www.armennazarian.comTo request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
This is a great opportunity to own a Mortgage Brokerage firm in Oakland County.Market Competition and Expansion:
Current owner does minimal advertising…a new owner operator with some creative advertising/marketing along with implementing the multiple lead generating avenues that come with the business, you have HUGE potential.Reason for Selling:
Other Business Interests.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Michigan businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
