Welcome to BuyaFranchise - Mortgage Choice SS

Mortgage Choice SS

Business Code: TA2861
Mortgage Choice SS
Mortgage Choice Franchise
Price: $125,000

Loan book of approx $40M and trail income nearing $48K per annum. You can choose to run it from your home or set up an office. Current owner has taken a job so wants to sell soon. This could be your chance. Mortgage Choice is one of the best know brands in mortgage broking. With Mortgage Choice it is easier to get new business.

For more info or an interview contact:

Name: Tony Arena

Ph: 0411 888 148 or 61 2 9439 3399

Web: http://www.buyafranchise.com.au/

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Franchise at a Glance

Business Name		Mortgage Choice SS

Key Features		Best known home loan brand in Australia Can operate from home or office Grow it as big as you like. Build a business with ongoing income Build a business you can sell
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.

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Area		NSW - Sydney

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.

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.

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 June 2006 by the current owner

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.

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____________________________________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.”