Wholesale Insurance broker
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Background
| BizEx ID: | BizEx316-DM |
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| General Location: | San Clemente, CA |
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| Category: |
Finance, Banking, Loans & Leasing
Insurance
|
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| Years in Business: | 10 |
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| Under Present Owner: | 10 |
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| Hours of Operation: | |
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| Owner Hours: | |
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| Training: | 4 weeks @ hours |
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| Organization Type: | |
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| Lease Expiration: | none |
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| Lease Options: | |
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| Building Size: | |
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| Employees: | 0 |
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| Reason for Sale: | Seller wants to pursue other interests |
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Financials
| Asking Price: | $550,000 |
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| Down Payment: | $275,000 |
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| Gross Sales: | $3,025,062 |
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| Discretionary Cash Flow: | $285,438 |
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| FF&E: | |
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| Inventory Included? | |
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| Inventory: | |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | |
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| Financing: | Call |
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|
2010 | 2009 | 2008 |
| Gross Sales |
$ 3,025,602 | $ 3,332,537 | $ 6,256,125 |
| Gross Profit |
$ | $ | $ |
| Disc. Earnings |
$ 285,438 | $ 300,310 | $ 553,296 |
