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Title Escrow Closing Services -Price Reduced


Title Escrow Closing Services -Price Reduced

Great Turn-Key Opportunity

REF# 3095


Title Company
Business for sale Missouri



$250,000

Southwest Missouri


Detailed Information

Years 2017 2018 2019 EST
Gross Revenues toottip $345,700 $418,000 $355,000
CASH FLOW - DE toottip $93,000 $144,000 $94,000
Years 2017 2018 2019 EST
Gross Revenues $345,700 $418,000 $355,000
CASH FLOW - DE $93,000 $144,000 $94,000
FF&E toottip Included $10,000
Real Estate toottip Not Included $95,000
Building Size SF 4,100 Sq. Ft.
No of Employees Owner - 1 / FT - 5 / PT -
Established 1993
FF&E toottip
$10,000 (Included)
Real Estate toottip
$95,000 (Not Included)
Building Size SF
4,100 Sq. Ft.
No of Employees
Owner - 1 / FT - 5 / PT -
Established
1993
Facilities
Well-maintained older brick building with adequate room for growth. Building is being offered for sale in conjunction with the sale of the business. Asking price: $95,000 with purchase of real estate add $10000 of annual fair market rent to annual cash flow.
Support Training
Seller is willing to provide an adequate, agreed upon period of time for training and transition immediately following close of a sale.  
Reason for Selling
Other non-related interests

Business Description

    Located in rural Southwest Missouri, this stable, full-service Title Company provides complete residential and commercial real estate title services that include title insurance, title searches and reports, escrow closing services and like-kind exchange intermediary services. The title plant includes transactions dating back over 100 years.

    In addition to the price of the business, the real estate is being offered at a price of $95,000, thereby making this is a complete turnkey opportunity to purchase a great business and the associated real estate.

    After experiencing a year of non-recurring revenue growth in 2018, the busienss has this year returned to historical sales revenue and profitability levels. Sales revenue is estimated to reach $355,000 in 2019 with anticipated Discretionary Earnings of $94,000. With purchase of the real estate, add $10,000 of annual fair market rent to annual Discretionary Earnings.

    A new owner will benefit from an experienced staff known for attention to detail, accuracy, professional expertise and for completing work within the required time. As an added benefit, there is an employee on staff capable of managing the business for a semi-active owner.

    The sellers have other interests they wish to pursue, and upon completion of the sale of the business and the associated real estate, the seller will provide an adequate, agreed upon period of time for training and ownership transition.

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      Tim Gregory- Kingsley Group Business Brokers of Springfield Missouri

      Tim Gregory Kingsley Group


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