|Investment Level||$50,000 to $100,000|
Asking Price: $80,000
History and Growth Potential
The business was originally established over 12 years ago but has been dormant since the GFC.
Loanbook and Customer Data Base
It has a small loan book with a $2800 trail coming in on a monthly bases This book would ideally suit someone who is looking at a start-up business with a s small income stream coming in to help them develop their business.
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 business as it has been dormant has a limited database of clients but those that are still active have substantial assets in their homes so would suit someone comfortable in speaking to clients about investment properties.
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.
2162, 2190, 2197, 2198, 2199, 2200, 2211, 2212, 2213, 2214, 2143
Chester Hill, Sefton, Chullora, Greenacre, Mount Lewis, Bass Hill, Georges Hall, Yagonna, Yagoona West, Bankstown, Bankstown Aerodrome, Bankstown North, Bankstown Square, Condell Park, Manahan, Mount Lewis, Padstow, Padstow Heights, Revesby, Revesby Heights, Revesby North, East Hills, Panania, Picnic Point, Milperra, Birrong, Potts Hill, Regents Park.
$20,000 to $50,000