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Business For Sale
INSURANCE AGENCY
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Asking Price: |
$240,000
USD USA Dollars
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Business for Sale Industry: |
Services: Financial, Accounting, Insurance
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Reason for Selling:
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Retirement. |
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Year Established:
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1990 |
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# of Employees:
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2 |
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Yearly Revenues:
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$90,000 |
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Yearly EBITDA:
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$64000 |
Business for Sale Overview:
This agency represents insurance carriers such as Farmers Insurance, MetLife, Hartford and GMAC Insurance in addition to a number of smaller insurance underwriters. Most of the policies written by the agency are for automobile and home policies purchased by individuals for their own protection. Other types of insurance products sold by the agency include mobile home policies, life insurance, health insurance and commercial business insurance. The agency would classified as an independent agency which has the ability to place new policies with a carrier that is able to offer the best protection at the most reasonable rates. The agency offers budget payment plans for individuals with limited financial resources in order to provide mandated automobile insurance coverage. The agency has developed a reputation for offering superior customer service to its customer base and the owner is directly involved in aspects of the agency to insure a high level of customer retention and satisfaction.
Additional Details:
- The property is leased.
- 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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