50 Mawson Lakes Blvd, Mawson Lakes, SA 5095

Professional
Sold Price Not Disclosed (31 Aug 2017)
Mortgage Broking Loan Book and Business, Northern Adelaide
Keen seller looking for the right buyer to take this business on.

Work from home with low business overheads.


The current owner has had an excellent 3 years with the franchise, doubling the size of the loan book and then some, they have now reached the financial goals they had set for themselves and now wish to take things a little easier. The current owner has a young family and wishes to spend extended time with them prior to them starting school.

The loan book, totals approximately $75 million.

In its 8 years of operation the business has assisted more than 483 clients from the local area with their home finance needs. Many are returning for their second and third properties. Repeat clients now accounts for 20% of settlement volume.

Mortgage Choice has developed specialised Customer Relationship Software that enables the franchisee to manage their clients and track the progress of Loan Applications. It is a powerful business tool that allows for market segmentation, mail merging and scheduling of tasks as well maintaining a detailed history of all phone calls and communication with prospects and clients.

This owner has invested substantial time in ensuring the database is populated accurately and comprehensively and maintained consistently. This database represents a significant asset to any prospective purchaser and presently contains:

483 settled clients

7060 prospects

Marketing area
The Marketing Area is the geographic area with the following postcodes and key suburbs. The franchisee is required to advertise and promote the business in the marketing area but can do loans through established referral sources outside of their marketing area.

Postcodes: 5095, 5096, 5098, 5106, 5107, 5108, 5109, 5110, 5111, 5112, 5113

Key suburbs: Mawson Lakes, Pooraka, The Levels, Gulfview Heights, Para Hills, Para Hills West, Ingle Farm, Walkley Heights, Parafield, Parafield Airport, Salisbury South, Green Fields, Parafield Gardens, Paralowie, Salisbury, Salisbury Downs, Salisbury North, Brahma Lodge, Salisbury East, Salisbury Heights, Salisbury Park, Salisbury Plain, Bolivar, Burton, Direk, Globe Derby Park, St Kilda, Waterloo Corner, Edinburgh RAAF, Elizabeth, Elizabeth East, Elizabeth Grove, Elizabeth South, Elizabeth Vale, Hillbank, Davoren Park, Davoren Park North, Davoren Park South, Elizabeth Downs, Elizabeth North, Elizabeth Park, Elizabeth West.

GST should not apply as it is a going concern.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Contact Karen on 0438 838 018 at First Paige Property Settlement Services for help with your Real Estate paperwork (Form 1 & Contracts) or email if you have questions. admin@firstpaigeform1.com

Visit Website
    Views
  • Last 24 Hours0
  • Last 7 Days0
  • Last 30 Days0
  • Since Listed3
Contact the Owner
Phone or Text: 0488 847 018
Enter Phone Code when prompted.

For Sale By Owner | Sell My House | Private House Sales