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Businesses For Sale   >>   Yugoslavia Businesses For Sale

Insurance Broker Agency And Business Premises

Location  Yugoslavia
Asking Price Range  < $250K
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  No
Year Established  2001
Number of Employees  1 - 3
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Owned
Reason for Sale  Owner going into retirement.

Description  
Fully operational insurance agency, based in Belgrade, established in 2001, licensed by the National Bank of Serbia for sale of insurance products and related services in the territory of the Republic of Serbia. The agency has broker agreements with three insurance companies, and offers a wholesome range of insurance products to its clients. Commissions from active insurance policies will amount to app. EUR 80.000 (USD 107.000) in the following years. The package sale includes business premises in Belgrade, conveniently located 1.5 km from a highway exit, and just 8 km from the Belgrade airport. The premises (90 m2 converted 3 bedroom apartment) are functionally divided into office space (70%) and a residential area (30%). The agency employs contractual brokers and a full-time director with insurance license. The agency is for sale without employees. Price: EUR 145.000 USD 193.500


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