This great book of business is well established and cash flowing nicely, over 50% margins!
Step into a wonderful book of clientele with over $225,000 in annual renewals, along with a committed seller to training a buyer for success!
In addition to the seller, the Farmer's training system is very effective, and they provide systems for an agent to get leads and to be productive. Farmer's will also assist a buyer in getting trained for obtaining the necessary license.
Don't miss out on this one, it's seen stability and is in a growth mode!
About the Business
Number of Employees:
There are 3 offices available in the current facility. Lease rate is expected to increase from $600/mo to $850/mo in January, but the change has already been deducted from the net income stated.
standard industry competition
Growth & Expansion:
In addition to the current clientele, a buyer will have access to Farmer's leads as well as personal family and friends with insurance needs. Social media is a great avenue for continue growth.
Great training from the seller and Farmer's is available.
Ad Detail Views:
Asking Price: $259,000 Gross Revenue: Not DisclosedCash Flow: $125,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: 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.
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.