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Asking Price$95,000
Revenue$484,435 Established2012
Cash Flow$140,000 Employees2 full, 1 part
FF&EUndisclosed FranchiseNo
Inventory$1,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
CAPTIVE INSURANCE AGENCY IN CENTRAL CALIFORNIA. THIS IS A FRANCHISE, BUT HAS NO ROYALTY OR TRANSFER FEES. BUYER MUST HAVE THEIR CASUALTY & HEALTH & LIFE LICENSES. CURRENT OWNER HAS A FULLY TRAINED & LICENSED EMPLOYEE THAT CAN RUN THE BUSINESS AS WELL. SHE IS COMPENSATED IN A SALARY & COMMISSION STRUCTURE & IS ANXIOUS TO STAY ON WITH THE BUYER WHO CAN TAKE THIS TO THE NEXT LEVEL. SELLER IS ALSO INCLUDING IN THE PURCHASE PRICE A PRE FUNDED CITI BANK CREDIT CARD WITH APX $3,428 ON IT FOR THER BUYER ALONG WITH A $1900 MARKETING PLAN THROUGH ALLSTATE FOR 2015 THAT IS PAID FOR ALREADY TOO. MUCH UPSIDE TO THIS PURCHASE. A NEW BUYER WILL BE ON A HIGHER COMMISSION STRUCTURE (OVER A 3 YR. PERIOD) & SHOULD NET APX $200,000. SELLER'S COMMISSION STRUCTURE IS BASED ON THE COMPANY CONTRACT. A NEW BUYER STARTS AT THE MAXIMUM ALLOWABLE.COMMISSION. SELLER PAYS APX. $500 / MONTH FOR LEADS THAT PRODUCE APX 30 AUTO POLICIES & 10 PROPERTY POLICIES / MO. THIS IS A GREAT BUSINESS THAT HAS GROWTH POTENTIAL, A LICENSED EMPLOYEE THAT CAN HANDLE THIS & A NICE OFFICE SPACE. THE SELLER HAS LEASED A VOIP PHONE SYSTEM THERE, 5 PHONES + E FAX, FOR $195/MO, NO CONTRACT & ALL NEW HP COMPUTERS, WITH DUAL SCREENS, (EXCEPT RECEPTIONIST), FOR $62 / MO. I WILL QUALIFY YOU WITH THE FRANCHISOR.
Facilities:Included in asking price
Competition:Few agents in this Central valley city. great room for growth & lead generation throughout all of California.
Growth Potential:Inventory:Included in asking priceFurniture, Fixtures, & Equipment (FF&E):Included in asking priceFacilities: CAPTIVE INSURANCE AGENCY IN CENTRAL CALIFORNIA. THIS IS A FRANCHISE, BUT HAS NO ROYALTY OR TRANSFER FEES. BUYER MUST HAVE THEIR CASUALTY & HEALTH & LIFE LICENSES. CURRENT OWNER HAS A FULLY TRAINED & LICENSED EMPLOYEE THAT CAN RUN THE BUSINESS AS WELL. SHE IS COMPENSATED IN A SALARY & COMMISSION STRUCTURE & IS ANXIOUS TO STAY ON WITH THE BUYER WHO CAN TAKE THIS TO THE NEXT LEVEL. SELLER IS ALSO INCLUDING IN THE PURCHASE PRICE A PRE FUNDED CITI BANK CREDIT CARD WITH APX $3,428 ON IT FOR THER BUYER ALONG WITH A $1900 MARKETING PLAN THROUGH ALLSTATE FOR 2015 THAT IS PAID FOR ALREADY TOO. MUCH UPSIDE TO THIS PURCHASE. A NEW BUYER WILL BE ON A HIGHER COMMISSION STRUCTURE (OVER A 3 YR. PERIOD) & SHOULD NET APX $200,000. SELLER'S COMMISSION STRUCTURE IS BASED ON THE COMPANY CONTRACT. A NEW BUYER STARTS AT THE MAXIMUM ALLOWABLE.COMMISSION. SELLER PAYS APX. $500 / MONTH FOR LEADS THAT PRODUCE APX 30 AUTO POLICIES & 10 PROPERTY POLICIES / MO. THIS IS A GREAT BUSINESS THAT HAS GROWTH POTENTIAL, A LICENSED EMPLOYEE THAT CAN HANDLE THIS & A NICE OFFICE SPACE. THE SELLER HAS LEASED A VOIP PHONE SYSTEM THERE, 5 PHONES + E FAX, FOR $195/MO, NO CONTRACT & ALL NEW HP COMPUTERS, WITH DUAL SCREENS, (EXCEPT RECEPTIONIST), FOR $62 / MO. I WILL QUALIFY YOU WITH THE FRANCHISORCompetition: Few agents in this Central valley city. great room for growth & lead generation throughout all of California.Growth & Expansion: A new buyer will get 40% commission tier, with a gross profit of over $200,000, per seller
Training/Support:at close of escrow
Sale Reason:retiring
Ad #69720
Seller Reference #2690
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Sammy Sales
7143630440
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