Business Overview:
This is an established 10-year-old independent property and casualty insurance agency that continues to grow. Total commissions went from $122,000 in 2009 to $130,000 in 2010 and they are on pace for approximately $140,000 in 2011. Largely non-standard and bilingual, the book is about 9% commercial. Main carriers include Infinity, Mendota, National Guaranty and Victoria. According to seller, the book includes approximately 800 policies and $800,000 premium dollars with good loss ratios and because of its longstanding reputation and location retention is good. Extremely high-traffic location on main Las Vegas arterial, office is 1,200 square feet at a rent of $1,200 per month. Seller will assist in transition and staffing. Priced at just $130,000 for quick sale.
Included in asking price are $200 in inventory and $5,000 in furniture, fixtures and equipment. Hours of operation are Monday to Friday 9 am to 5 pm, Saturday 9 am to 1 pm.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Burn out
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.