Asking Price: $195,000 Gross Revenue: $1,200,000Cash Flow: $74,384 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $20,000 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.
For SALE! Confidential ALLSTATE Insurance Agency in Las Vegas, with 840 PIF, $1,200,000 in premiums and 83% retention rate. Earned commissions in 2016 $138,000. Growth opportunities abound for a new owner. Take your expertise and skills in the insurance industry to the next level. A new buyer will have the advantage of Allstate's exclusive agent education program that enables its agents to learn about agent management, prospecting and marketing, and how to leverage tech. Support will be provided from a local field sales leader. Allstate is a world leader in insurance products, and according to seller, this is an excellent time for expansion and growth in the Las Vegas Valley. For fastest response to your inquiry, call George Karas at 702-290-9120 or use this ad's email reply.
Listing Agent: George Karapanagioeides - Phone: 702-290-9120
About the Business
Number of Employees:
Building Sq. Ft.:
This is a leased location of 1,200 square feet with a Total Monthly Rent of $1,656. Seller is active in the business with 1 PTE. Hours of operation are Mon-Fri 9am-5pm. P&C, Life, Health and Business Licenses required.
Insurance Agency - Auto, P&C, Homeowner, Life & Health
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