Insurance Agency For Sale - Salem, Illinois
Salem, IL Marion County
SALEM, ILLINOIS
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- RE: Insurance Agency For Sale - Salem, Illinois
- Contact: Steve
Quick Facts
| Asking Price: | $899,000 | |
| Annual Revenue: | $5,200,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $17,500 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2014 | |
| Employees: | 4 | |
| BBN Listing #: | 1008827 | |
| Broker Reference #: | BBN-080526 SALEMIL |
Business Overview:
Established and highly regarded as one of the top national coverage insurance firms, this Salem, Illinois based insurance agency with a business book of $5.2 million in recurring policy premium renewals is currently for sale. Includes two professional office locations, fully trained staff, office equipment, office furniture, computers, office supplies, Marketing materials, company signage and a very significant and loyal (high retention rate) customer base. Excellent training and licensing program. No insurance experience necessary. SBA and Bank loan funding sources are available. With the current high commission incentives paid on new business policies and the lucrative annual bonus opportunities, this office has the potential to generate significantly increased Gross Revenues and earnings income for 2026 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.
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:
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:
The Salem / Effingham economy is characterized as an affordable cost of living area. The local job market is anchored heavily by healthcare, manufacturing and retail trade, with housing costs well below the national averages.
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 Illinois businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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