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Business For Sale
MARKETER OF VEHICLE SERVICE CONTRACTS, NEW & USED
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Asking Price: |
Not Available |
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Business for Sale Industry: |
Services: Financial, Accounting, Insurance
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Reason for Selling:
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Other interests. |
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Year Established:
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1994 |
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# of Employees:
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3 |
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Yearly Revenues:
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$4,000,000 |
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Yearly Net Profit:
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$20% |
Business for Sale Overview:
Well managed, 14 year old, privately held company providing intangible products to franchised and non-franchised retailer of new and used automobiles nationwide, through a network of independent commission only sales representatives. All products are 100% insured under a long term agreement by an A+ superior AM Best Insurer, who assumes all liabilities for the products to the individual end user consumer.
Company is generating annual income in excess of 4 million dollars and consistently posting over 20% EBIT. Audited statements are available to qualified buyers. Company historically has operated on minimal overheard and is debt free. Qualified purchasers may relocate the company in a reasonably short time frame to any location, with minimal if any, business interruption.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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