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    • Title & Escrow Services with Licensed Staff

      Title & Escrow Services with Licensed Staff

      Business Type

      Services - Other Personal Services

      Area
      County State Nebraska
      Property Status Established Business Asking Price $79,802.00
      Down Payment $15,960.00 Total Debt
      Gross Sales $488,445.00 Total Income $51,967.00
      Total Expenses Terms
      Listing Flyer
      Summary

      Financial Overview        

      List Price:        $165,000

      Gross Sales

              2015: $488,445

              2014: $476,209

              2013: $480,579


      Description        

      Fully licensed employees with this title & escrow business work with the top realtors and lenders in Douglas and Sarpy County. After being established in 2002, this business has grown to bring in almost $500,000 in sales. The four employees possess all of the required licenses and certifications to run this business, so a buyer is not required to have them. There are two employees that handle escrow accounts and 2 employees who handle title accounts. Regular office hours are 8 – 5, and the current owner only works about 20 hours per week.


      This title & escrow company is housed in a 1,446 sq. ft. office space which it rents for $2,119/month. Closings are held at the office or at a rented conference room at a premier realtor which provides an exceptional atmosphere. This is rented for $1,500/month. A cost that is covered by one closing. A buyer could expand this business by working to expanding to serve surrounding counties and by establishing connections with Realtors and Lenders in the market.


      Assets Included in Purchase: $12,000        

      Equipment: Server, 9 Computers, 4 Printers, 1 Scanner, Office Chairs, Desks, Cabinets, and a Phone System

      Intangible Assets:Well Trained, Service Oriented, and Licensed Staff, New Owner does not need to be licensed


      *amounts may vary                


      Business Information        

      Year Established:2002

      Location: Omaha, Nebraska

      Service Area:Numerous Realtors, Banks, and Brokers in Douglas and Sarpy County

      Leases:$2,199.13/Month for 1,446 sq. ft.; Base Rent: $11.75/sq. ft. plus % of Operating Expenses

      Conference Room for Closings: $1,500/Month

      Reason for Selling:Retirement

      Employees: 4: 2 Escrow Closers handle closing documents and procedures; Licensed Title Department Manager handles all title related business; Abstractor/Searcher searches properties and types title documents

      Hours: Monday – Friday: 8AM – 5PM

      Seller Training Period: 90 Days

      Growth Opportunities: Establish Connections in Realtor/Lender Market, Further Expand Service Area to include more of Cass, Washington, and Saunders County

      Current Owner’s Responsibilities: Oversee Operations, Pay Bills and Handle Bank Accounts, Process Claims, Address Issues with Underwriters and Customers, Works Approximately 20 Hours per Week                



      Next Steps        

      For a detailed financial package, please contact Cortney Sells or one of The Firm Business Brokerage’s professionals at 402.998.5288 or email Confidential@TheFirmB2B.com.

       
      Print Listing
  • Lease / Asset Information
    • Rent $2,199.13 Rent Deposits
      Lease Ends
      Accounts Receivable Square Feet 1,446
      Inventory Inventory Included Yes
      Furniture, Fixtures, and Equipment (FF&E) $12,000.00 FF&E Included Yes
      Other Assets Well-trained, service oriented, & licensed staff Assets Included Yes
  • General Business Info
    • Other Information
      Employees 4 Part Time Employees
      Hours Open 8AM-5PM Days Open Monday-Friday
      Year Established 2002
      Training 90 Days
      Selling Reason
      Property Features
  • Images
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About the Broker....

The Firm Business Brokerage

Cortney Sells
11550 West Dodge Road
Omaha, Nebraska 68154
Phone: 402.998.5288
Fax: 402.939.0857
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Contact Information

Contact Name Cortney Sells
Phone # 402.998.5288
 

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