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Businesses For Sale   >>   Nassau Businesses For Sale   

Highly Profitable Insurance Agency

Location  Nassau County, New York, United States
Asking Price Range  $2.5M - $5.0M
Gross Revenues  $846901
Net Profit / Cash Flow  $521325
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1993
Number of Employees  4 - 5
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Leased
Training  Seller will train
Reason for Sale  Personal

Description  
NYC - Long Island Insurance Agency (20 years). 4 licensed agents offers all personal/family lines for groups and individuals. Recommended by Realty Boards and LIBOR. Has billing company adding $75k to net.1,500 clients/3500 lines. Established 20 years with commissions at 3-4%. Accepts most major insurances. Primarily Health and Dental Insurance but can and should (opportunity) offer more long term care. Life ins, Disability, Property and Casualty, Commercial lines etc. Run semi absentee with excellent staff. Fantastic reputation, Processes claims. No marketing - all referrals based on reputation. Seller willing to stay for long transition and to consult. Financial profile Profile assumes synergistic purchase and relocation of business into buyer and recasting of some office/labor expense. Proof of funds and demonstrated experience in insurance brokerage required for an appointment. For More Information Contact Your Local Vested Business Broker, Joseph Stansky, at 1-877-735-5224.


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