Farmers Insurance - owner is moving, motivated to sell!

Oak Park, IL (Cook County)

Farmers Insurance - owner is moving, motivated to sell!
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Asking Price: $379,000

Cash Flow: $218,871

Gross Revenue: $218,872

EBITDA: $166,083

FF&E: N/A

Inventory: N/A

Rent: $1,080 /Month

Established: 1994

Farmers Insurance - owner is moving, motivated to sell!

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Business Description

Very motivated

Owner can take 160k+ per year! Great location right in the arts district of Oak Park, a suburb of Chicago. Located right off of the highway, very easy to get to with plenty of parking.

Detailed Information

Location:
Oak Park, IL
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
N/A
Employees:
1
Facilities:
Office comes with all assets included. This includes computers, desks, filing cabinets, office supplies, office furniture, etc.
Competition:
moderate competition, this is insurance after all. We have many competitive edges, especially with commercial insurance, which is a big ticket item.
Growth & Expansion:
The sky is the limit with growth. The staff is fantastic! The company has continually grown through the years we've had it.
Financing:
Asking for 2x annual commissions. NEW - price reduced 30k!
Support & Training:
Fantastic support and training from our district office. We are one of the top brands and get some of the best training in the industry.
Reason for Selling:
Selling because we are moving out of state.
Business Website:
http://agents.farmers.com/il/chicago/phillip-sorensen
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Business Listed By:
Greg Kocko

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