Insurance Brokerage - NY METRO -30724

Richmond County, NY

Insurance Brokerage - NY METRO -30724
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Asking Price: Get Financing: $899,000

Cash Flow: $185,000

Gross Revenue: $3,400,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Insurance Brokerage - NY METRO -30724

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Business Description

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.

Detailed Information

Employees:
3
Financing:
899,000.00 Down & POSSIBLE FOR A WELL QUALIFIED BUYER.
Support & Training:
The seller will train the new owner.
Reason for Selling:
Moving out of state.
Business Website:
http://www.vestedbb.com
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(from currently available funds)
 
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Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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