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Businesses For Sale   >>   Other Professional Services Businesses For Sale

Insurance Agency Services Business For Sale

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $140000
Net Profit / Cash Flow  $60000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1997
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  Four (4) weeks at forty (40) hours per week following close of escrow.
Reason for Sale  Health/retirement.

Established since last 17 years, this business provides tax preparation services, property and casualty insurance services, immigration services, notary services, and other miscellaneous services like payroll, DMV services etc to its clientele from Simi Valley, Moor Park, Thousand Oaks, Oxnard, etc. Some services are provided in-house and some are out-sourced. The client base is 90% Hispanic. This is an ideal business for a person who is well versed in Spanish and looking to start his/her own agency. The office has five furnished rooms equipped with computers, copy machines, phones, etc. The rent is a very reasonable $650 which includes common area maintenance charges. Lease terms are negotiable. The total overhead expenses are approx. $1,200 per month including rent. The owner has arrangements with an immigration lawyer who pays a decent finder's fee and also with a para-legal who shares the fees with the seller. These arrangements will be passed on to the new owners. If required the seller is willing to consider staying back for 5-6 months at an agreed compensation during the transition period and train the new buyer. Seller will also consider carrying a note of $50,000 or so for the right buyer with good credit. Asking price $225,000 Monthly net income $5,000. Due to ill health the seller needs to sell the business. Motivated seller. For more information, please contact Mike Jasani at (818) 723-5150 or 818-342-5222 Ext 445

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