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Michigan Business For Sale |
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| FINANCIAL AND INSURANCE PLANNING |
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| Attn: Not Available |
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| Holland, MI, USA |
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| Asking Price: |
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Not Available |
| Business for Sale Industry: |
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Services: Financial, Accounting, Insurance |
| Yearly Revenues: |
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$1,000,000 |
| Yearly Cash Flow: |
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$300,000 |
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Business for Sale Overview:
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Founded over 20 years ago, the Company has provided excellent service to over 2,500 customers. The Company acts as an adviser to clients, analyzing current portfolios and recommending insurance and investment products in order to achieve maximum return while meeting individual objectives. Currently, the Company holds over $100 Million in placed investments, which can be redirected upon maturity. The Company has negotiated several management contracts with major insurance carriers, allowing the Company to offer premium products at competitive prices. These contracts have allowed the Company to increase overall cash-flow. Gross commissions for the most recent fiscal year-end were nearly $1 Million with an adjusted EBITDA in excess of $300,000.
The Company is a member of the Better Business Bureau and the Area Chamber of Commerce. The ownership is interested in retirement; however they would be available to ensure a smooth transition for the new owner.
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Market Competition and Expansion:
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- The property is leased.
- The owner may be willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This may become a homebased business opportunity.
- This may become a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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