Arizona Niche Residential Mortgage Brokerage for Sale – SOLD!

Price: $1,750,000

Location: Phoenix Metro

Industry: Mortgage

Listing ID: 6030

Listing Description

This company originates and processes niche manufactured home mortgage loans (home only/chattel) in the state of Arizona. Real estate surge has contributed to Company’s high growth trajectory, combined with low overhead equals high cash flow. Company has been in business since 1999, enjoys high visibility with lending referral partners and spends very little on advertising. Name recognition is well known in the industry and local area. Great opportunity to expand your geographical footprint in Arizona and participate in the niche lending opportunity that has limited competition. In addition, there is a huge opportunity to leverage process and expand to other states and capitalize on this niche.

Revenue, Cash Flow, and EBITDA are projected for 2020. All financial information to be verified by the buyer.

Listing Details

Total Sales: $1,100,000

Cash Flow: $745,819

EBITDA: $669,519