Branded Insurance Brokerage in Queens County-33083

Not Disclosed, NY
Queens County


Asking Price: Annual Revenue:
$1,200,000 $4,300,000

Services: Financial, Accounting, Insurance


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RE: Branded Insurance Brokerage in Queens County-33083 Broker: Joseph Stansky Esq

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $4,300,000
Net Profit: Not Disclosed
Cash Flow: $400,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2008
Employees: 3
BBN Listing #: 16884447
Broker Reference #: 33083

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Business Overview:

Major Brand Insurance Brokerage in the NY Metro AreaAuto, home owners, property and casualty, renters, limited commercial lines, etc. Agency generates over $4,500,000 in premiums including $500,000 in expanded market premiums (nets $50,000). Over 90% retention and 48% loss ratio. Runs semi absentee. Excellent staff will remain. In January 2020, new business commissions will jump to 25%. 3 Full Time employees can all write policies. Agency Commissions $550,000 - $600,000. Owner seeks afinancially qualified buyer with industry experience. Call BrokerJoseph Stansky for more details.

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Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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