Robert Previte
Lyndhurst, OH (USA)
Role(s):
Rob Previte Agency
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Startup
Location:
Lyndhurst
Industry:
Insurance
Year Founded:
2006
Number Employees:
INVALID
Description:
Large Allstate Insurance Agency (over 7,400 policies) needs funds to grow. Large note on business reduces funds available to grow which reduces annual bonus and cash flow. Book will be paid off in 11 years, at that time cash flow will be 50k net per month after expenses. Currently annual bonus $50,000 to $225,000. Looking for an angel now for $250,000 - $500,000(10 - 20% ownership of agency available) and up to 50% of bonus each year available to the angel for repay. Golden Goose sitting here. Please contact me asap as I desire to keep the agency but am talking to buyers presently.