Properties

1069 CONFIDENTIAL, Abbotsford, British Columbia

Abbotsford For Lease

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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 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!

Property Details
Listing Type : For Lease
MLS ID : C8055627
Price : C$1,700,000
Status : Active
Year Built : 0
Square Footage : 200 Sqft
Lot Area : 0 Sqft
Area : Abbotsford
Sub-Area : Central Abbotsford
City : Abbotsford
Province : British Columbia
Postal Code : V0V 0V0
Region : Fraser Valley
Additional Information
Major Business Type : Professional/Administrative Serv
Minor Business Type : Insurance Services
Zoning : BUSINESS
Listing Office : Grand Central Realty
Source : Fraser Valley
Total Lease Area : 0
For Lease
  • MLS ID : C8055627
  • Square Footage : 200 Sqft
C$1,700,000
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