Insurance Brokerage - NY Metro - 30724

Not Disclosed, NY
Richmond County

Asking Price: Annual Revenue:
$899,000 $3,400,000

Services: Business & Office Services

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RE: Insurance Brokerage - NY Metro - 30724 Broker: Nathan Goldstein

Quick Facts

Asking Price: $899,000
Annual Revenue: $3,400,000
Net Profit: Not Disclosed
Cash Flow: $185,000
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 28364447
Broker Reference #: 30724

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Business Overview:

Major Brand Insurance Brokerage - NY METRO. This brokerage book of business has been growing since inception 15 years ago. The current owner took over 7 years ago and is now ready to sell as he is moving out of state. The brokerage specializes in auto, home, life insurance and investments. Auto and home make up approx. 92% of the current business. In the past year the book of business generated approx. $3,400,000 in annual commissions. The owner's gross income was approx. $340,000.00. After paying all overhead, the owner's net was approx. $185K. The sale price includes a 900 sf office space and a staff of 3. Office is only $2,500/mth. with a lease that can be extended. 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.

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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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