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- RE: Independent Insurance Agency For Sale East NM
- Contact: Sarkis Kaladzhyan
- License #: CA DRE #01435452
Quick Facts
| Asking Price: | Not Disclosed | |
| Annual Revenue: | $766,380 | |
| Net Profit: | $325,493 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $15,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2008 | |
| Employees: | 9 | |
| BBN Listing #: | 1010575 | |
| Broker Reference #: | 253-25330 |
Business Overview:
This long-established independent insurance agency has developed a diversified production mix across personal lines P&C, commercial lines, life, health, travel, and group benefits. Office is 4,000 sqft with a low rent of $1,350. The agency’s P&C book is weighted primarily toward auto, homeowners, and dwelling fire, with additional production in commercial lines, and workers’ compensation. Direct appointments include Progressive, Safeco, Formost, Safeway. Its life and health division includes Medicare, major medical, Marketplace, dental, vision, life, and disability products, while the group benefits segment provides group health, life, dental, vision, disability, HSA/HRA, accident, critical illness, cancer, and hospital/surgical coverage. Agency utilizes EzLynx. Revenue: $766,380.
At the seller’s request, the asking price is not publicly disclosed. Upon completion of a signed NDA and submission of proof of funds, qualified buyers may receive additional information and submit their highest and best offer.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
This is a leased location of 4,000 square feet with a Total monthly rent of $1,350. Seller is active with 7 FT, 1 PT and 1 contracted employees. Hours of operation are 8am to 5 pm, M-F. $15,000 in FF&E included in the asking price. $2,500 made in leasehold improvements. Property Casualty, Life and Health license required.
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more New Mexico businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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