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Business For Sale

GENERAL INSURANCE AGENCY: HEAVY P&C

Attn: Edward Gianelloni
Houma, LA, USA
Listing Number: "BatonLA0011089"
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Asking Price: $390,000 USD USA Dollars
Business for Sale Industry: Services: Financial, Accounting, Insurance  
Reason for Selling: Retirement
Year Established: 1975
# of Employees: 2 FT 4 PT
Yearly Revenues: $1,200,000
Yearly Cash Flow: $102,000
 

Business for Sale Overview:

32 year old insurance agency has an excellent reputation in the community. Its loyal customers have been doing business with them for decades. Agency is a general full line agency but most of its policies and premiums are in the P&C areas. Agency writes for very high quality companies with Progressive being the biggest. Business is located in a freestanding building on a major high traffic street. It has good visibility from the street. Building is approximately 2500 sq ft and it sits on a commercial lot of about 90x120 ft. Building was appraised in 2004 for $104,000. Seller will sell business without the building with price reduced accordingly. Seller is ready to retire and motivated to sell. Seller will work with new owner to transition customer base and carriers with whom they place their business. Seller is open to substantive offers. Seller will seriously consider and promptly respond to all reasonable offers. Quality insurance agencies like these are very hard to find. This one won’t last long. Act fast!!! Come see, make offer.


Property Features and Assets:

2500 sq ft.


Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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