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Asking Price$375,000
Revenue$1,350,000 EstablishedUndisclosed
Cash Flow$190,000 Employees2 part-time
FF&E$5,000 FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Major Brand Insurance Brokerage - NY METRO. This brokerage specializes in auto insurance. The owner is looking to move out of state for family reasons. The current owner took over 2 years ago and grew the business from $850K in gross commissions in 2016 to over $1,350,000 in 2017. In the past year the book of business generated approx. $1,350,000 in annual commissions with a net cash flow of approx. $190,000.00 (includes an additional $300K book of national general with a $25K annual residual). The sale price includes a 900 sf office space and a staff of 2. Office rent is only $3,500/mth. with 8 yrs. remaining on the current lease. 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:375,000.00 Down & None.
Ad #102035
Seller Reference #30947
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Mel Vaz
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