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Branded Insurance Brokerage In Queens For Sale

Queens County, New York, US
Asking Price:
$850,000
Sales Revenue:
$4,300,000
Cash Flow:
$400,000

Major Brand Insurance Brokerage in the NY Metro Area Auto, home owners, property and casualty, renters, limited commercial lines, etc. Agency generates over $4,500,000 in premiums including $500k in expanded market premiums (nets $50k). Over 90% retention and 48% loss ratio. Runs semi absentee. Excellent staff will remain. In January 2020, new business commissions will jump to 25%. 3 FT employees can all write policies. Agency Commissions $550k-$600k. Owner seeks a financially qualified buyer with industry experience. Call Broker Joseph Stansky for more details.

If interested, please contact the seller through the form on this page.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-33083 for instant access to this business information

Business Operation

Reasons for selling:

Retirement

Employees:
3FT
Years established:
2008

Other Information

Support & training:

Seller will train

Contact Vested Business Brokers HQ

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