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Park City, Utah

  • Listing No.: 216-20737

  • Category: Commercial Real Estate

Asking Price $1,400,000
Down Payment $1,400,000
Gross Revenue $1,400,000
Total Adjusted Net Income $412,500
Equipment / Fixtures $11,600
Year Established 2001
General Location Park City, Utah
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Rare opportunity to purchase a very successful internet based commercial loan brokerage. This company has a national presence and has completed transactions across the United States. Business is turn key and loan processors/originators are willing to stay on according to the seller. The company has unique working relationships with Newmark, Colliers, and Remax Commercial Real Estate. A new owner could make more than the stated income if they want to originate more loans since the current owners vacation 14 weeks annually. Business could also be increased by adding more loan originators to the platform. Business costs are very low as owners and loan originators are all home based and loan originators pay all there own expenses. Cloud based CRM and data management allow for a virtual team approach to operate the business.Business has stellar financials to make due diligence easy to verify the stated net income and gross sales. Don't delay calling the listing broker today for more information as this opportunity wont last long! 

Gross Revenue $1,400,000 Listed Price $1,400,000
Total Income $412,500 Down Payment $1,400,000
Inventory Not Included Leasehold Improvements $0
Equipment / Fixtures $11,600 Other Assets
Full-Time Employees 1 Training Period 60 Days
Part-Time Employees Special License Required
Contract Staff 13 Reason for Selling Pursue Other Interests / Retirement

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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