Business for Sale Overview:
Fantastic independent insurance agency with great commission revenues and consistently profitable. The agency was started in 1946 and has been transferred from father to son. There are two partners and they are looking to retire. They will stay with the firm for two years to facilitate the transition. Commission revenues in 2008 were over $600,000. The book is 75% commercial and 25% personal lines. There are five licensed employees and one commissioned agent. This is a fantastic opportunity to add a great agency to your portfolio.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
The agency has a very comfortable 3,200 square feet office with room to expand. The rent is very reasonable at $2,000 per month. All the furniture, fixtures and equipment will convey with the sale.
Market Competition and Expansion:
This agency has a very strong and solid reputation in its market. The market area is growing, excellent providing opportunities for the new owner.
Reason for Selling:
retire
Additional Details:
- The property is leased.
- The owner is willing to train/assist 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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.