Public listing · BizBuySell

Established insurance agency - 40 years in business for sale in Staten Island, NY · $600,000

Staten Island, NY·Healthcare / Medical

Asking price
$600,000
Cash flow
$220,000SDE
Revenue
Multiple
2.73x
CoC preview
89.0%

Soft estimate · 30% down · 7.5% · 10yr

DSCR preview
3.68x

Same assumptions · not a Desk underwrite

Source · BizBuySell

Overview

Franchise insurance agency, established for 40 years in this location. High retention of 90% and low overhead expense. Agency is priced to sell at 2x of TPP, as such there's not a lot of room for...

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