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Wholesale Insurance broker

BizEx316-DM

Background

General Location:San Clemente, CA
Category: Finance, Banking, Loans & Leasing
Insurance
Years in Business:10
Under Present Owner:10
Hours of Operation:
Owner Hours:
Training:4 weeks @ hours
Organization Type:
Lease Expiration:none
Lease Options:
Building Size:
Employees:0
Reason for Sale:Seller wants to pursue other interests

Financials

Asking Price:$550,000
Down Payment:$275,000
Gross Sales:$3,025,062
Discretionary Cash Flow:$285,438
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:
Financing:Call

2010 2009 2008
Gross Sales $ 3,025,602 $ 3,332,537 $ 6,256,125
Gross Profit $ $ $
Disc. Earnings $ 285,438 $ 300,310 $ 553,296

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