Summary
Seeking buyer for 20% trail book sale in business generating $21k pm trail. Business valued at $1m (4x trail). Investment circa $200k with monthly trail distributions + future upside ( Read summary)
Reason for Sale
Investment in another venture ( Non finance)
About the Business
I’m currently exploring the possibility of selling up to 20% of an established mortgage trail book as a passive investment opportunity.
The business currently generates approximately $21,000 per month in recurring trail income and has been operating successfully for over five years. Based on current market conditions, quality mortgage trail books are commonly achieving valuations of approximately 4x annual trail income.At this valuation, 20% of the current trail book equates to an investment of approximately $200,000 and trail of around $ 4000per month.
The Principal Broker intends to remain actively involved in the business and continue managing and servicing remaining trail book. To provide certainty for the buyer , a strict legal agreement can be entered into which may include non-compete, non-solicitation and client protection provisions to ensure that clients are not poached.
Happy to discuss further with serious parties seeking to buy trail book from an established Melbourne mortgage business.
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