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  • Listing No.: 101-15749

  • Category: Professional

Asking Price $159,000
Down Payment
Gross Revenue $144,830
Total Adjusted Net Income $85,046
Equipment/Fixtures $3,000
Year Established 2007
General Location Southeast
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This established P&C independent agency is at a prime mall location with rent at jut $900 per month. It grosses a solid $155K with a net of approximately $90K. 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.

Gross Revenue $144,830 Listed Price $159,000
Total Income $85,046 Down Payment
Base Rent $900 Square Feet 1000
Total Rent $900 Lease Expiration 1/2020
Rent Deposit $900 Lease Options 2/2
Inventory $120 Leasehold Improvements
Equipment/ Fixtures $3,000 Other Assets
Full-Time Employees 2 Training Period 30 days
Part-Time Employees 0 Special License Required No
Contract Staff 0 Reason for Selling Other Business Interests

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.