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.