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Partnership in Financial Service business

Middletown, CT (Middlesex County) (Relocatable)

Seller Financing Available
Partnership in Financial Service business
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Asking Price: $100,000

Cash Flow: $200,000

Gross Revenue: N/A

EBITDA: $100,000

FF&E: $3,000

Inventory: N/A

Rent: $1 /Month

Established: 1999

Partnership in Financial Service business

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Business Description

Working Partner wanted, I have increased the bottom line of my financial service firm between 10 and 20 % each year for the past 5 year's. I am looking for somebody to come in and take on some of the day to day responsibilities, to help us get to the next plateau. The ideal person is someone that has a life, accident and health and or property casualty license, series 7 and 66 , but will get the right individual licensed. You will immediately be purchasing either 25 or 50% of my monthly insurance renewals . If you don't mind working hard and not getting your hands dirty lets talk. This a business that has a decent six figure bottom line. Just My insurance annual renewable commissions are in excess of $160,000.00 a year. Person should have experience in knowing how to grow a service organization, must be computer literate, knowledgeable with social media and be able to manage office staff in multiple locations. Have a growth perspective. I am not going any place I just need help with trying to grow my business. The right individual will be putting some money down and the money will be collateralized by my existing renewal. Our client retention is over 90% , you should receive your down payment back in 2.5 years

Detailed Information

Location:
Middletown, CT
Real Estate:
Leased
Building SF:
750
Lease Expiration:
N/A
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
highly competitive market but we have developed under utilized niches
Growth & Expansion:
I have the opportunity to open up several similar offices in the state of Connecticut and because it is only me I am reluctant to do so, the opportunity to open similar offices in similar location still exist.
Financing:
I will owner finance as much as 50% of the note for the right person.
Support & Training:
This is a working partnership relationship which will rely on my never ending training and support. I am looking for an individual to grow this business as big as we can
Reason for Selling:
Want to grow my business and with a person that has a fresh perspective
Business Website:
http://hashealthandwealth.com
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Business Listed By:
Howard Schachter

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