- Categories: Business/Property, Professional
MORTGAGE BROKING BUSINESS FOR SALE .... ADELAIDE SA
FANTASTIC OPPORTUNITY TO BE PART OF THE STRONG HOUSING AND MORTGAGE MARKET IN SOUTH AUSTRALIA
Net Profit of $394,000 PA to working couple
* Nationally recognised franchise.
* High profile marketing area in Adelaide.
* Shop front with high visibility.
Backed by one of Australia's leading property companies.
Driven by impressive marketing systems and the latest mortgage broking technology.
In the last few years businesses have been divided into two categories; those which have suffered due to the pandemic and those who have thrived. Mortgage broking has thrived. It has led to an unprecedented boom in the property market and caused a sizeable boost to trail income. As a bonus, mortgage brokers can run their business remotely.
The marketing zone is located in a prized mortgage belt area where the population is intent on realising the Australian dream of owning their own home or investing in property to build wealth. It is also a target zone for people who want to move out of heavily populated states and cities. Moreover, you are not restricted to this area, you can do business anywhere in Australia.
The business is presently run from a superb shop front with high visibility to traffic. The offices inside are well set out with plenty of room to see clients. This is the ideal location for you to continue to run the business and gain the benefit of the years of exposure and goodwill created by this tenure.
You will continue to collect the $340,000 in trail income and add to this as you build your loan book.
The large database of clients will rely on you to calculate their borrowing power, find the right home loan that best suits them, and manage the entire process. Not only can you offer them home loans, but also finance across a range of asset classes.
A key feature of the business is the award-winning National franchise network to which it belongs. You get a great reception from the public who are delighted to be dealing with such a well-known and respected brand. The fully supported franchise system includes IT systems, operational manual, marketing, business development, payment systems and full on-boarding, beginning with a comprehensive training program.
Over 740 franchises in Australia are financially benefiting from this association. If the combination of being your own boss, working your own hours and securing your own future sounds appealing, then this very profitable business is a superb investment.
The asking price of $990k represents excellent value considering the substantial returns.