Insurance Agency For Sale - Milford, Connecticut

Business Overview:

Established and highly regarded as one of the top national coverage insurance firms, this Milford, Connecticut based insurance agency with a business book of $5.5 million in recurring policy premium renewals is currently for sale. Includes a professional office location, fully trained staff, office equipment, office furniture, computers, office supplies, Marketing materials, company signage and loyal customer base. Excellent training and licensing program. No insurance experience necessary. SBA loan funding sources are available.  SBA loans and other lenders can provide financing to the incoming buyer. With the current high commission incentives paid on new business policies and the lucrative annual bonus opportunities, this office has the potential to generate increased Gross Revenues for 2027 and beyond.

PLEASE NOTE - This agency must be operated under the brand name of this national insurance firm and cannot be combined with any other brand of independent or captive insurance business. Also, it cannot be acquired into an investment manager's portfolio of businesses. Purchase of this insurance agency requires the buyer to be onsite at the office location and reside in or near the local community. Agency owners are 100% vested in the equity of the business and have two strategic exit strategy options when they decide to sell the agency.

Contact the Seller:

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Property Features and Assets:

All assets are included in the asking price; office furniture, office equipment, computers, office supplies, Marketing materials, brand signage and a loyal customer base to provide referrals with and help you grow your business and income.

Market Competition and Expansion:

Milford, CT has a resilient and growing local business economy with a high commercial occupancy rate of 96%.  City leaders report an influx of new businesses and expansions, outpacing many surrounding towns in New Haven County. The city is experiencing an upmarket trend as hybrid-remote workers move in from New York City, boosting local property values and commercial demand.  All good indicators for continued demand for insurance services.

Reason for Selling:

Career change. Kindly ask the seller for more information.

Additional Details:

Relevant Links:

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