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Asking Price$899,000
Revenue$3,400,000 EstablishedUndisclosed
Cash Flow$185,000 Employees3 full-time
FF&E$10,000 FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Major Brand Insurance Brokerage - NY METRO. This brokerage book of business has been growing since inception 15 years ago. The current owner took over 7 years ago and is now ready to sell as he is moving out of state. The brokerage specializes in auto, home, life insurance and investments. Auto and home make up approx. 92% of the current business. In the past year the book of business generated approx. $3,400,000 in annual commissions. The owner's gross income was approx. $340,000.00. After paying all overhead, the owner's net was approx. $185K. The sale price includes a 900 sf office space and a staff of 3. Office is only $2,500/mth. with a lease that can be extended. We are seeking a serious and financially qualified buyer with some industry experience. To learn more, please call Mel Vaz at 1-877-735-5224. ALL SITE VISITS MUST BE MADE BY APPOINTMENT ONLY.
Training/Support:The seller will train the new owner.
Seller Financing:899,000.00 Down & POSSIBLE FOR A WELL QUALIFIED BUYER.
Sale Reason:Moving out of state.
Ad #100738
Seller Reference #30724
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Mel Vaz
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