Business For Sale

Insurance

Las Vegas, NV
Clark County

Southeast Las Vegas


Asking Price: Annual Revenue:
$159,000 $144,830

Services: Professional


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RE: Insurance Broker: David Claerbaut

Quick Facts

Asking Price: $159,000
Annual Revenue: $144,830
Net Profit: Not Disclosed
Cash Flow: $85,046
Total Debt: Not Disclosed
FF&E: $3,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 2
BBN Listing #: 15555142
Broker Reference #: 101-15749

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Business Overview:

This established P&C independent agency is at a prime mall location with rent at jut $900 per month. It grosses a solid $155,000 with a net of approximately $90,000. Operated largely by two customer service agents, with owner involved in other business concerns. Largely non-standard and bilingual, personal lines. Main carriers include Progressive, Claro, NV General, Mercury and Safeco. Book includes approximately 600 policies and 1.2 MM premium dollars with good loss ration - and because of its solid 11 year reputation and location -- retention is good. Seller will assist in transition and staffing. Priced at just $159K. For the fastest reply to your inquiry, please contact listing agent: Dr. David Claerbaut.

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Property Features and Assets:

This is a leased location of 1,000 square feet with a Total Rent of $900. Lease ends 01/2020 with two, 2 year lease options. Seller is active in the business with 2 Full Time employees. Hours of operation are 9 AM to 7 PM Monday - Friday, and 10 AM to 6 PM on Saturday. $120 in Inventory and $3,000 in FF&E included in Asking Price.

Reason for Selling:

Other business interests.

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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