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Business For Sale Listing 147094

Mortgage Brokerage

Status as of Sep-6-2008 at 05:59 PM: Active

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Business Summary

Founded in 1991, this residential and commercial mortgage brokerage shows steady growth and profits. Current owners have developed a specialized and extremely effective Customer Relations Management (CRM) program which has become the cornerstone of the business for the past 5 years. The CRM keeps company in continual touch with clients and results in the generation of leads and referrals. 75% of business is from repeat clients or client referrals. This is an all season business that is located in a high traffic area in the heart of Kelowna with excellent visibility within a major shopping mall centre. New owners will be walking into a stable, well organized business with strong brand recognition, excellent marketing systems and growth potential. Company also enjoys a franchise (no fees or royalties) relationship with the largest pool of residential mortgage money in Canada and has unlimited access to the leading financial institutions in Canada. The current owner typically has 1 to 2 commissioned Brokers working for him. There is a significant opportunity for growth through hiring additional Brokers. For more information please contact us.


Categories

Industry: Finance & Insurance Businesses For Sale
Mortgage Brokers For Sale
Location: Businesses For Sale In Canada
Other: Very Small Businesses For Sale

Industry

Sector: Finance & Insurance
Industry: Mortgage Brokers

Location

Classification: Canada
Location: Kelowna

Financials

Sales: Between $100 Thousand And $500 Thousand   ($355,000)
Profits: Between $100 Thousand and $500 Thousand   ($104,000)
Profit Type: Seller's Discretionary Cash Flow (SDCF)
Asking Price: Between $100 Thousand and $500 Thousand   ($340,000)
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