Insurance Agency

Not Disclosed, TX
Collin County

North Dallas

Asking Price: Annual Revenue:
$200,000 $195,774

Services: Education & Training

Request More Information
Contact the Seller

RE: Insurance Agency Broker: Kevin Chung
License #: 567204

Quick Facts

Asking Price: $200,000
Annual Revenue: $195,774
Net Profit: Not Disclosed
Cash Flow: $63,623
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: 1980
Employees: 3
BBN Listing #: 868919188
Broker Reference #: 001198

Email or Print Listing

Request More Information
Contact the Seller

Business Overview:

A well-established locally owned non-standard insurance company that has been operating and serving the area for over 40 years is now available for acquisition. This business is in a 1,250 Square Feet retail strip center and is conveniently located next to the intersection of two busy roads surrounded by densely populated single-family homes and many local businesses. Competition is expected in this type of business but there are only a few in the immediate area as few agencies have closed down during and after the pandemic. The two main employees are bilingual and licensed and have been with the business for a long time and have built a solid relationship with the clients. There are many low to mid-income families in the surrounding area needing low-cost insurance, but this business has been long established and has a solid customer base with a high retention rate and revenue has been consistent and $200,000/year with commissions and fees combined. This independent insurance agency offers a variety and affordable auto, home, and commercial insurance and is affiliated with several small and major insurance company carriers to provide the least inexpensive and customize the policies to meet each client's needs. Although no marketing efforts are in place currently except by word of mouth, proactive marketing in various methods is crucial to the further growth of this business in overall cash flow and acquisition of new customers from untapped areas of the city. There are many ways to accelerate the growth of this business by direct mail and flyers to surrounding homes and local businesses, and by being more active in a social media outlet. Most importantly, being more proactive and aggressive in retaining current policyholders by following up with them before the policy expires will greatly improve sustain and grow its overall revenue. Acquisition of a well-established insurance company that operated for over 40 years will give a buyer access to a stable and considerable cash flow business with a solid customer base that can be further expanded to its full potential by proactive marketing and owner involvement. This business is ideal for those who already own an insurance agency and is wanting to expand their business or a first-time buyer who can take advantage of its reputable name, established customer base, and employees who can run the business on their behalf.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

This business located in a 1,250 Square Feet strip center next to an intersection of two busy roads surrounded by many local businesses with heavy traffic and nearby densely populated residential area. / Inventory: Not Disclosed.

Market Competition and Expansion:

Competition: Few competitors are within the immediate market area, but this business has built up solid customer base over the past 40+ years by providing competitive pricing and variety of options and comprehensive service. Current employees are licensed and have been with the company many years helping this business gain more referrals versus the competition Growth and Expansion: No marketing is done at the current moment except thru word of mouth, but more proactive marketing methods need to be utilized in order to keep the business to continue to grow in sales and new customer acquisition.

Reason for Selling:


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.


Relevant Links:

Request More Information
Contact the Seller is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!