Mortgage Choice

Business Code: TA2505
Mortgage Choice Franchise

Mortgage Broker
Price: $35,200

Flexibility in the Mortgage Industry. This is a franchise with a strong national brand that gives you the opportunity to build a business from your home or office or shopfront. Low Entry costs

For more info or an interview contact:
Name: Lesley Darcy
Ph: 136678
Web: http://www.mortgagechoice.com.au

Franchise at a Glance

Business Name: Mortgage Choice Franchise

Key Features:

• Established System
  
• Strong and Trusted National Brand
  
• Publicly Listed Company
  
• Industry Leading Training and ongoing Learning and Development
• Leads and operational support provided

Royalties: The franchisee is entitled to an upfront commission on the loan value plus trailing commission. There are also additional bonuses based on franchisee performance. There are no royalties and no mandatory marketing levies.

Details

Ideal Franchisee: The ideal Mortgage Choice franchisee will have the drive and passion to succeed. You will need to be customer focused with some business sense. There is no need for mortgage lending experience. Experience in financial services, running your own business and sales experience is desirable.

Area: NSW Vic Qld WA SA Tas ACT NT

Notes on Cost: $35,200 for a new franchise/greenfield. $13,750 plus negotiated asking price for established franchise. The purchase price includes Training, Business Support materials & GST. The franchisee will also need to purchase a laptop meeting minimum specifications and pay for industry memberships.

Territories Now Available:

Earnings Information: Franchisor does provide cashflow and business plan templates to assist new franchisees with forecasting.

How to Buy: If you are interested to know more about a Mortgage Choice franchise please contact us by clicking on the link below or by making phone contact. For more information, please go to www.mortgagechoice.com.au/franchising

Royalties: The franchisee is entitled to an upfront commission on the loan value plus trailing commission. There are also additional bonuses based on franchisee performance. There are no royalties and no mandatory marketing levies.

Working Capital Required: Mortgage Choice advises new franchisees to allow for a minimum 6-12 month period.

Training and Support: Franchisees are required to attend a two-week Induction Program covering aspects of selling, marketing and mortgage broking. On successfully completing this program, the franchisee will graduate with a Certificate IV in Financial Services (Finance/Mortgage Broking). Mortgage Choice will support franchisees throughout their term rather than just in the 'initial stages' e.g. Conferences, constant Group and State Office support

Access to Franchisees: Prospective franchisees are encouraged to speak with other business owners within the network.

Business Established: This business was established in 1992

Company Outlets: There are no company operated brokerages.

Franchised Outlets: Franchised outlets: There are more than 300 franchisees across Australia

Franchise Established: The Mortgage Choice Franchise System was established in 1994

Franchise Territory: There are no exclusive territories, however a Mortgage Choice franchisee is allocated a marketing area made up of a number of postcodes within which they can promote their business. Pre-existing customer relationships can allow you to write loans outside your marketing area.

 ____________________________________Disclaimer____________________________________

“The above information has been furnished to us by the Vendor. We have not verified whether or not the information is accurate and do not have any belief one way or the other in its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make their own inquiries in order to determine whether or not this information is in fact accurate.”

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