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Business Sold

Finance, Ins & Real Estate

Mortgage Lending Company-SOLD

California
 

Executive Summary

17 Year old mortgage lending company with three 

locations and 26 employees. Correspondent approved

direct lender with GE, Home-side, Flagstar, Chase Manhattan and several others. Currently funding  approximately 70 loans per month. Only correspondent lenders in market area. Very profitable and excellent prospects for growth.

Revenue

Adjusted Profit

Full Price

Down Payment

Profile code

Spectrum Contact

Spectrum Phone

$2,226,000
 

$700,000

Confidential
 

Confidential
 

1323-JL

Jim Levy

949 588-7500

Business Sold

Property Management Company-SOLD

California
 

Souther California /
Los Angeles Area

 

Executive Summary

Revenue

Property Management Company with large accounts on annual contracts. Strong growth trend. Located in a dynamic and growing area.

​

The buyer will be a seasoned property manager or corporation with a superior track record and solid financial resources.

​

This is an ideal business transfer opportunity due to the following positive fundamentals: all of the accounts are on contract, existing contracts will generate rising income stream, and the company has accurate financials. In addition, this is a recession resistant business with a platform for growth in a fast growing Southern California location.

$345,000
 

Adjusted Profit

Full Price

Down Payment

Profile code

$135,000
 

Confidential
 

Confidential
 

1391

Spectrum Contact

Spectrum Phone

Jim Levy

949 588-7500

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