Reference No: bbne-sbus911


Price: $425,000

Finance Business - PH For Sale

Finance / Mortgage broking business being offered for sale, located inner SE of Melbourne

Part of one of the country's leading franchise groups, the vendor has been in the industry a long time the substantial client base being sold with the business, dating back to 2000

Operating from a prominent retail outlet on one of the more busier roads leading to the city, the rent is extremely reasonable @ $2913 PM The current lease expires in October 2017 with a further 5 year option.

The business operated in FY 2015 with just the franchisee  broker and an admin / receptionist support.

The loan book trail is $164.000 PA , the income from up front commissions in 2015 (owner the only loan writer) was $190.000

NOTE- Price reduced to $425.000 (to enable the vendor to pursue another path. Willing to be flexible with hand over

The owner has just employed an additional loan writer.

You will need to meet the expectations of the franchisee to be considered for the business.

3 week comprehensive training program is provided, with the best ongoing support available to you in the industry.

You will be required to sign a CA before any level of information is supplied.

Contact me today for further details
Peter Hurrell- 0407 973... (click to to show email)

This business is listed exclusively with Excel Business Brokers
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Price: $425,000
Business Brokers Network Australia
GPO Box 2068

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Contact: Peter Hurrell
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