(SOLD!) Large Title Search Company in Tri-State Area
Location: Fairfield, CT
Industry: Service Businesses
Listing ID: 12202022
Large, Successful, 30-year-old company providing title search services to in-state and out-of-state attorneys and title insurance companies on a search-by-search basis or volume projects. They are the Go-To for Titles Searches with a great reputation in the area.
Title searches performed for real estate related matters involving residential and commercial titles, the real estate closing process and issues regarding foreclosure, bankruptcy, probate, and common interest communities. They have a 30-year trove of searches completed in their database which can be utilized repeatedly while still charging the same fee. Revenue growth every year. Turn-key operations!
Well established and run with long term, 9 full-time employees and 10 sub-contractors. Seller is looking to retire.
Owner prefers to sell the commercial office building with the sale of the business, which will be appraised between $500-$750k.
Gross Revenue: $2,900,000
Cash Flow: $1,400,000
FFE: $50,000 (Included in Price)
Reason For Sale:
Training & Support:
Year Established: 2008