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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   New York Businesses For Sale Categories   >>   

Insurance Book For Sale

Location  New York,United States
Asking Price Range  $250K - $500K
Gross Revenues  $169000
Net Profit / Cash Flow  $154600
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2004
Number of Employees  1 - 3
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Owned
Training  As needed.
Reason for Sale  Relocating.
Description  This is a sale of an insurance book of business, important: 70% of clients speak mandarin Chinese so would need a mandarin Chinese speaking staff member. A bulk of clients (65%) are multi vehicle commercial (limos and buses) with a high retention rate. There is tremendous growth opportunity, current broker has made no attempts to cross sell group health , life or investments. Owner may relocate to Asia. This is prices right at 2x net. This is a perfect company to merge with an existing book of business as the resulting overhead costs would be 0. Book of business approximately $1.7 million. Contact for more information on this Insurance Book business for sale.
Click Here To Contact Seller

    

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