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Businesses For Sale > Business For Sale in Kings, New York (NY)
Insurance Book For Sale for sale in Kings, NY
Kings, New York (NY)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 350,000 |
$ 169,000 |
$ 154,600 |
Business Summary:
THIS IS A SALE OF AN INSURANCE BOOK OF BUSINESS, IMPORTANT: 70% OF CLIENTS SPEAK MANDARIN CHINESE SO WOULD NEED A MANDARIN CHINESE SPEAKING STAFF MEMBER. A BULK OF CLIENTS (65%) ARE MULTI VEHICLE COMMERCIAL (LIMOS AND BUSES) WITH A HIGH RETENTION RATE. THERE IS TREMENDOUS GROWTH OPPORTUNITY, CURRENT BROKER HAS MADE NO ATTEMPTS TO CROSS SELL GROUP HEALTH , LIFE OR INVESTMENTS. OWNER MAY RELOCATE TO ASIA. THIS IS PRICES RIGHT AT 2X NET.
THIS IS A PERFECT COMPANY TO MERGE WITH AN EXISTING BOOK OF BUSINESS AS THE RESULTING OVERHEAD COSTS WOULD BE 0. BOOK OF BUSINESS APPROXIMATELY $1.7 MILLION
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| Year
Business was Established: 2005 |
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| Number of Employees:
2 |
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| Facilities / Terms of Lease:
N/A |
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| Potential
Growth/Expansion:
Major growth opportunities. |
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| Owner
willing to finance:
Information available upon request. |
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| Owner
willing to train:
As needed. |
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| Reason for selling:
Relocating |
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Seller Reference Number: 100100645
BusinessMart.com Listing Number: 64144 |
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