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Mobile Cloud Based Loan Signing Platform for Sale-GREAT Profit Margin!

North Carolina, United States
Asking Price$900k
Revenue$460k
EBITDA$169k
Cash Flow$169k
Description
The company, established in 2001, has revolutionized the loan signing industry by seamlessly blending exceptional customer service with cutting-edge technology. Their automated processes enable nationwide loan closings to be managed from anywhere globally using just a phone or laptop. Title companies place orders through their intuitive portal, triggering swift notary assignments and automated notifications upon acceptance. Document management, post-closing procedures, notary reminders, and credential management are all seamlessly automated for unparalleled efficiency. Their financial performance is robust, with net profits reaching $273,864.00 in 2022 and $235,341.00 in 2023, showing an upward trend in 2024. Low operating costs, a dedicated employee managing the company and a great platform and network make this business a lucrative opportunity.
Business is
Relocatable
Home Based
Number of EmployeesFull-Time: 1Part-Time: 1
Year Established
2001
Reason Selling
Retiring
Facilities & Assets
This is a cloud-based business that can be run from anywhere. Their current employee works from home. You can run it on a laptop or cell phone from anywhere around the world.
Support & Training
30 days of training and support as needed. Can be negotiated.
Market & Competition
Very little competition. Most companies like this one closed down in 2008.
Growth Opportunities
This business has over 7000 subcontractors that can be used for other services, as well as the services they currently provide. The type of jobs these notaries can do are not limited to notary work. They have hired some of these folks to take photos of homes for foreclosure companies and assist with rental applications. The growth is unlimited.
Financing Options
It is available depending on how much somebody puts forward as down payment.
Asking Price$900k