Asking Price: $299,000 Gross Revenue: $138,000Cash Flow: $113,000EBITDA: $113,000Inventory: Not Disclosed FF&E: $15,000 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.
Large Brand name Insurance agency Book Of business is for sale. Nice long 5 year history, very successful , beautiful office to service many walk in clients. Agency has been in this same locations since March 2015.
Whats for sale is the "Book Of Business"
Office can be moved - you can change staff to met your needs
Over 1225 policies in force
Auto Retention - 80%
Home Retention - 86.77%
1 Full time 1 Part time
Local Organizations support - Gwinnett Soccer Association, GGC and Parkview High School Golf
Earning about $11,300 per month.
part time assistant $ 12 per hour
office supplies $ 400
rent $ 1420
Total book value +/- $1,300,000
About the Business
Number of Employees:
Building Sq. Ft.:
$1,420.00 Per Month
Very nice decorated office. All FFE is included in the price
Large book with existing clientele
Growth & Expansion:
Boost advertising and make outbound calls to drum up business -which current owner is not doing.
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.