Major Brand Insurance Brokerage - NY Metro-30947

Not Disclosed, NY
Queens County

Queens County, New York

Asking Price: Annual Revenue:
$350,000 $1,350,000

Retail: Non-classifiable

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RE: Major Brand Insurance Brokerage - NY Metro-30947 Broker: Melvin L. Vaz

Quick Facts

Asking Price: $350,000
Annual Revenue: $1,350,000
Net Profit: Not Disclosed
Cash Flow: $190,000
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 2
BBN Listing #: 39864447
Broker Reference #: 30947

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Business Overview:

Major Brand Insurance Brokerage - NY METRO. This brokerage specializes in auto insurance. The owner is looking to move out of state for family reasons. The current owner took over 2 years ago and grew the business from $850K in gross commissions in 2016 to over $1,350,000 in 2017. In the past year the book of business generated approx. $1,350,000 in annual commissions with a net cash flow of approx. $190,000.00 (includes an additional $300K book of national general with a $25K annual residual). The sale price includes a 900 sf office space and a staff of 2. Office rent is only $3,500/mth. with 8 yrs. remaining on the current lease. 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.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. PM

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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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