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