Miami Mortgage News

50- Insurance agency for sale in Volusia

October 29th, 2016 5:57 PM by Nour Ailan


Agency book of business follows the economy in 2010 with a 32 yr old established client base. Commission income is from January-May-annualized. Great opportunity to own an agency that is solid & take advantage of the owner financing. Owner may consider part-time after relocating near by. Sixty (60%) is personal auto-some Non Standard and has numerous carriers; Thirty (30%) Homeowners, and Ten (10%) Commercial. Don't miss this opportunity to jump in & crank this up! Make this owner an offer.

Data SourceOwner EstimateTax ReturnTax Return 
Year (Cash Flow)2010 (N)2009 (N)2008 (N)  
Gross Revenue67,18484,000105,290 
Cost of Goods56,65256,65261,494 
Gross Profit10,53227,34843,796 
Expenses12,00023,90748,692 
Net-1,4683,441-4,896 
Owner Salary56,65256,65261,494 
Benefits000 
Interest Expense1,1001,1001,200 
Depreciation000 
Other000 
Owner Benefit56,28461,19357,798

Selling price: $82,000

For more information, contact UR-COUSIN Emile Farah on his cell or his e-mail (305) 754-1000 and farah@farahreacquisitions.com
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Posted by Nour Ailan on October 29th, 2016 5:57 PM

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