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Undisclosed Address
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$1,700,000 Sale
Listed 21 days ago
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· 200
Key Facts
Key facts for Undisclosed Address
Property Type
Commercial
Parking
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MLS #
C8055627
Size
200 sqft
Basement
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Listed on
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Lot size
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Tax
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Days on Market
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Year Built
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Maintenance Fee
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Description
*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 ins...titutions 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!
Courtesy of: Grand Central Realty