Business Overview:
Established $1million agency in beautiful Odenton, MD; just 20 minutes south of BWI airport and less than one hour away from D.C! Agency consists of a preferred auto and homeowner customer base with excellent opportunity for growth in cross sales as well as life/financial services. This agency sale creates a wonderful opportunity as it is a turnkey operation. The current owner is available to assist with transition and guidance. This won't last long on the market!
Asking Price: $241,000. Annual New/Renewal Revenues: Confidential until NDA received. Earned Premium: $979,266
Bank Financing Available: Local and National lender referrals available upon request. Seller Financing Available: If necessary, terms negotiable. Satisfactory collateral required. Detailed Financial Reports: NDA required.
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Property Features and Assets:
Office space is located in a retail strip center with great visibility and signage. The office has a total of 1,069 square feet with a Dental Office, Barber shop, Nail and Spa Salon, Veterinary office, 2 Restaurants, AND the local Chamber of Commerce as neighbors.
Rent/Lease Terms: 5 year Lease expires September 30, 2024. There is option to sublease with the approval from landlord so just the book purchase itself without taking over the space. Rent/Lease Rate: $2,100/month. F&E Available: Furniture and equipment will convey.
Years In Business: 3 years. Location Photos: Available upon request. Current Agency Staffing: One owner/agent.
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.
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