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Listed by:

Quantum Business Brokers

Landbanker And Mortgage Business For Sale

Florida, US
Asking Price:
$10,500,000
Sales Revenue:
$3,102,000
Cash Flow:
$880,000

For over 40 years providing dealing with land, real estate management, and mortgage financing, the owner of this Company is ready to retire and sell the Company to an owner that can take it to a next level. Three active projects with: replacement cost for over $6MM, sale value of over $ 15MM, high yield mortgage performing assets of over $3.0MM,successful marketing program and international broker network project backlog: acquisition of $15MM, potential sale price over $40MM the next five years

Property Information

Real Estate:

Real Property Included

Location:

Florida various counties

Business Operation

Expansion Potential:

Company can double business with an additional injection of $5,000,000 over three years

Reasons for selling:

Retirement

Employees:
7
Years established:
1980

Other Information

Support & training:

4 weeks, seller can stay as a paid advisor going forward

Inventory / Stock value:
$8,000,000

Contact Quantum Business Brokers

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