Property Preservation Field Mortgage Svc
Location: Texas > Dallas County > Dallas
Industry: Building and Const. Services > General Building Contractors
Financials
Asking Price: $2,300,000
Gross Revenue: $4,200,000
Cash Flow: $730,000
Inventory: $2,000 (Included in Asking Price)
FF&E: $50,000 (Included in Asking Price)
Real Estate: $250,000 (Not Included in Asking Price)
Seller Financing: SBA prequalified
Business Summary
This business, established in 1997, provides property preservation / field mortgage services for repossessed HUD and other foreclosure properties. Through its office in Dallas, both the Dallas and Houston markets are serviced. The company offers a superior reputation in the industry which, combined with high profit margins, has yielded consistently increasing income growth year after year. This business is a true winner now and offers significant opportunity for expansion to a new owner. The business is housed in a 3,200 square foot stand-alone building with a 700 square foot detached storage building in Dallas, which is leased from the owner. The real estate, including approximately 1.32 acres of land, is for sale for an additional cost. The location offers space for office needs as well as adequate storage to house equipment and trailers. It also provides a strategic location in minimizing the drive time for sub-contractors to residential properties the Company serves. Current hours of business operation are 6A-6P, Monday through Friday, while some sub-contractors work on Saturdays or after hours.
About the Business
Year Established: 1997
Employees: 14 full time -
Relocatable: Yes
Facilities: 3,900 sq ft facility with ample storage. 1.32 acres available at additional cost.
Market Outlook and Competition: Excellent reputation in the industry. Experienced staff. Established customer base. Additional service area for expansion.
About the Sale
Management Training and Support: Seller will train
Reason For Selling: Family Relocation
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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