Asking Price: $195,000 Gross Revenue: $150,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed Real Estate: Not Disclosed Share 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.
This is a "turn key" business and has been operating for over 15 years with a successful long-term employee. It has predictable and historical cash flows to minimize risk and help the new owner transition into the highly profitable, recession proof insurance industry in a short amount of time.
Combined with the existing client base, predictable re-occurring revenue, and the 20 bonus opportunities a year, the return on investment is significant and our team of highly-qualified business experts are here to help you be successful in this industry.
We are seeking a qualified owner with a strong desire to achieve goals, loves people, and understands consultative selling. Our ideal owner would have a strong background in sales and management. (Prior Insurance experience is not necessary) On-going training and Support is provided by the award-winning University of Farmers and our highly-trained local district staff.
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.