Insurance Agency For Sale - Poughkeepsie, NY

Business Overview:

Established and highly regarded as one of the top nationwide insurance firms, this Poughkeepsie, NY based insurance agency with a business book of $5.4 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 a very significant and loyal (high retention rate) customer base. Excellent training and licensing program. No insurance experience necessary. Seller may be willing to offer 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 significantly increased Gross Revenues for the owner over the next 12 months. 

PLEASE NOTE - This agency must be operated under the brand name of this nationwide 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:

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Property Features and Assets:

Asking price includes all assets such as office equipment, office computers, office furniture, office supplies, Marketing materials, company signage and more.  Employees will stay on with the new incoming owner.  Nice professional looking office location with free parking. Current owner will assist with the transition and the existing office lease is transferable to the new owner.

Market Competition and Expansion:

The Poughkeepsie area is experiencing a renaissance similar to neighboring Hudson Valley cities. The economy is characterized by a mix of high-tech manufacturing, education and an expanding services sector. The area benefits from the presence of 2 colleges and a growing tech sector.  Lots of long-term growth opportunity to expand your insurance agency with.

Reason for Selling:

Career path change. Kindly ask the seller for more information.

Additional Details:

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