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- RE: Insurance Agency-Addison MI
- Contact: Sarkis Kaladzhyan
- License #: 1435452
Quick Facts
| Asking Price: | Not Disclosed | |
| Annual Revenue: | $262,498 | |
| Net Profit: | $28,772 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2019 | |
| Employees: | 1 | |
| BBN Listing #: | 1013245 | |
| Broker Reference #: | 253-25553 |
Business Overview:
This primarily trucking-focused insurance agency/book has an active book of approximately $1.18M in in-force premium, with carrier relationships including Progressive MI, Highlander Specialty, Lloyd’s of London, Hartwell, Berkshire, Progressive Southeastern, Accredited, and GEICO.
The book is currently written in MI, IL, ID, IA, TX, FL, NJ, PA, and OH, with the majority of accounts consisting of 1–5 unit trucking risks.
The business is operated by the owner with support from a virtual CSR, creating a lean operating model with potential upside for a buyer that already has existing infrastructure, carrier access, servicing capacity, or trucking insurance experience.
Signed NDA and proof of funds are required prior to receiving additional information, except for buyers listed on Insurance Journal’s Top 100 Agencies list.
Interested buyers should contact the broker to submit their best offer.
**Buyer must hold a Property & Casualty license to acquire this agency/book.**
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 200 square feet with a Total monthly rent of $605. Lease is month to month. Seller is active with 1 contract employee. Hours of operation are 9 am to 5 pm M-F.
Reason for Selling:
Other business interests. 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 Michigan businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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