Listing Number: 51951-815381
Description
Transworld Business Advisors of Orange presents:
*** The Business is Currently Under Contract ***
In business for 30 years, this 100% service-oriented company has been highly profitable and provides direct lending services and real estate investments.
The business enjoys a stellar reputation and brand awareness in the industry, serving thousands of clients and investors over the decades.
The business has been on a strong upward curve, with an average year over year revenue growth of over 35% since 2020. It has well-developed systems and processes in place to allow for future growth and expansion.
Other investment highlights include:
- A multi-source revenue business including loan origination, servicing, investments and trustee fees, thus controlling and benefiting from all aspects of the life cycle of the loan.
- Long-term relationships between the business and, brokers and investors.
- Great employees with experienced leaders in each department.
- Serving clients in eight states (starting in 2020) with expected expansion onto additional states within the next two years.
- On average, the company closes 60 to 100 loans each month, with most months exceeding 75.
- As one of the oldest private money lenders in California, the pipeline of the business is largely generated by broker referrals.
*** $5,000,000 in cash or trust deeds included in the sale. ***
The owner is retiring after 20 years in the business and will help the new owners with transition.
Agent: Nassim Bayat DRE# 01958611
Listing Details
- Price: $30,000,000
- Down Payment: $30,000,000
- Sellers Discretionary Earnings: $5,680,586
- Total Sales: $13,283,263
- Location: Orange County, California
- Inventory: $0
- FF&E: $163,000
- Employees: 26
- Year Established: 1975
- Reason for Selling: Retirement
- Category: Financial Related
