Asking Price: $240,000 Gross Revenue: $175,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Agency is a very balanced book with auto, home, commercial, and life. This agency has just over 1700 policies in force and $2.1M in gross written premium.
This book of business qualifies for our accelerated commission and bonus structure for the first three years. This agency qualifies for increased commission rates as well as very impressive quarterly and year end bonuses for the first three years.
Current revenue of $175,000 is strictly the renewal commissions and does not include any new business commissions or any of Farmers' 28 bonus opportunities.
About the Business
Number of Employees:
Building Sq. Ft.:
$1,400.00 Per Month
Established office located in Federal Way for past 19 years. Can be relocated if necessary. Farmers Agents own the commissions to their book of business and can sell the rights when they resign/retire.
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
full Terms & Conditions.