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$1,700,000

*Showing by appointment only, do not disturb staff* Exciting opportunity to acquire a well-established insurance business located in Abbotsford. Services offered private auto insurance, and travel insurance. The licensing value alone is estimated at around $1 million, acknowledged by financial institutions that are open to providing mortgage loans against it. BMO Bank offers loans ranging from $700,000 to $800,000. There are approximately 900 insurance licenses in the entire province of BC, and with no new licenses being issued, the value of an existing license is significantly high. You can opt for either a share sale or asset sale. The overhead costs are minimal, with rent as low as $3937/month. The business currently employs 4 full-time and 1 part-time staff members. It enjoys a steady flow of daily foot traffic, averaging around 30-40 customers. 50% profit. Turn-key business. Don't miss out! Confidential listing, please contact for more information today! (id:57076)

Property Details
MLS® Number C8055627
Business
Building
Land
No

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