Asking Price: $130,000 Gross Revenue: $100,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal 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.
A Farmers Insurance agent located in Irvine, CA is retiring and is looking for someone to purchase the agency and take it over.
Taking over an existing agency is an opportunity that few other companies offer. It provides lucrative financial incentives to capitalized external candidates, so they can facilitate the purchase of service and commission rights from existing Farmers agency.
This opportunity includes bonuses such as compensation up to 180% of normal commissions for any new business policies written (subject to certain caps), and a $10,000 office startup bonus.
We also have 2 other agencies that are available for sale in Orange County:
1. Generating over $50,000
2. Generating over $145,000
If you have questions on the agency or qualification requirements, please feel free to reach out.
Receive support from one of the top District Operations within the company. Support provided by various sources including, but not restricted to, District Manager, Business Consultant, Life Specialist, Commercial Wholesaler, Wealth Management Consultant and many others invested in your success.
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.