Business Description
Provides loan documentation to the lending industry
This company focuses on the mid sized regional lenders and banks, providing property evaluations, title recourses, and flood certificates. They are seeing better numbers for the refinancing of homes. Even with foreclosures and eventual home sales, appraisal and title searches have to be done. The most important thing to remember now is the new H.V.C.C. (Home Value Code of Conduct) laws, which require banks to use an Approved Management Company like this or create a whole division licensed to do it.
Distribution
Southeast
Operational Strengths
This Company has no outside shareholders or committees to appease, which allows them to make immediate business decisions in the best interest of their clients. Clients can always count on the experienced team to be available to answer questions and to take care of their individual needs.
What makes this company different from the other companies? They let the client dictate the way in which their business is handled and the products they want – customizing services to fit their needs
The Transaction
The seller likes what he does. This is his baby and the culmination of years in the industry. The business model is sound and should be used for the entire country. The challenge is that the seller likes the South and wants to stay here and live life. What the seller needs is an active buyer that will speed up the growth of this company to make millions for everyone involved.
Financial Information
Financial Summary
|
2008 Est. |
2007 |
2006 |
2005 |
| Revenue |
$ 15,000,000 |
$ 10,317,163, |
$ 16,660,596 |
$ 13,361,414 |
| Adjusted EBITDA |
$ 2.700,000 |
$ 974,900 |
$ 2,791,525 |
$ 2,124,202 |
Other Highlights
| Location |
Type of Financials
(audited, reviewed or compilation) |
Management Team in Place |
Years in
Business |
SIC
Classification |
| Southeast |
Tax Returns |
Yes |
11 |
7375,6531 |
Contact Information
Tom Emerling
Gottesman Company
3302 4th Ave. N., Ste 115 • Billings MT 59101
Phone (406) 655-4241 • Fax (406) 294-4243
www.yellowstonebusiness.com
|
Buyer Services 
