Hot Listing

Well Established Life, Health, Group Insurance Brokerage Long Island

Asking Price$5,000,000

Cash Flow
$1,142,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,254,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Hot Listing

Well Established Life, Health, Group Insurance Brokerage Long Island


Asking Price$5,000,000

Cash Flow
$1,142,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,254,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
HS Listing ID-64811

In business since 1997
– No physical location, present owner resides in FL and the administrator lives on Long Island.
– One employee, the Administrator.
– Very low client turnover.
– 30 clients responsible for 50% of revenue, 250 smaller clients.
responsible for 50%.
– Most sales through referrals and word of mouth. Very little advertising.
– Seller will stay on for a limited time to assure smooth transfer
– Premium Carriers

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Sale
Seller Motivation
Other business interests.
Transition Support
Yes.
Listing Info
ID
2383424
Listing Views
840

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Business Listed by: Michael Steinberg Hedgestone Business Advisors

Listing ID: 2383424 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.