Marketer Of Vehicle Service Contracts, New & Used
Location United States
Asking Price Range $5.0M - $10.0M
Gross Revenues $6000000
Net Profit / Cash Flow $1000000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1995
Number of Employees 4 - 5
Relocatable Yes
Number of Employees 4 - 5
Real Estate Owned
Training Yes.
Reason for Sale Other interests.
Description Well managed, 14 year old, privately held company providing intangible products to franchised and non-franchised retailer of new and used automobiles nationwide, through a network of independent commission only sales representatives. All products are 100% insured under a long term agreement by an A+ superior AM Best Insurer, who assumes all liabilities for the products to the individual end user consumer.
Company is generating annual income in excess of 4 million dollars and consistently posting over 20% EBIT. Audited statements are available to qualified buyers. Company historically has operated on minimal overheard and is debt free. Qualified purchasers may relocate the company in a reasonably short time frame to any location, with minimal if any, business interruption.
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