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Insurance Broker Agency And Business Premises
Location: Yugoslavia -> Belgrade, Serbia
Industry: Professional Services > Other Professional Services




Business Summary

Fully operational insurance agency, based in Belgrade, established in 2001, licensed by the National Bank of Serbia for sale of insurance products and related services in the territory of the Republic of Serbia. The agency has broker agreements with three insurance companies, and offers a wholesome range of insurance products to its clients. Commissions from active insurance policies will amount to app. EUR 80.000 (USD 107.000) in the following years.

The package sale includes business premises in Belgrade, conveniently located 1.5 km from a highway exit, and just 8 km from the Belgrade airport. The premises (90 m2 converted 3 bedroom apartment) are functionally divided into office space (70%) and a residential area (30%).

The agency employs contractual brokers and a full-time director with insurance license. The agency is for sale without employees.

Price: EUR 145.000
USD 193.500


Financials

Asking Price Range:  < $250K
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  No

About The Business

Year Established:  2001
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Reason For Selling:  Owner going into retirement.

Photos

View Larger Photo(s) Of Business
Insurance Broker Agency And Business Premises Photo 1 Insurance Broker Agency And Business Premises Photo 2 Insurance Broker Agency And Business Premises Photo 3




Print Listing Id: 700164513
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