Turnkey Independent Agency | Medicare Focused

Business Overview:

Established in 2015, this independent insurance agency provides comprehensive health and Medicare insurance solutions across the Chicagoland area. Operated solely by the owner-agent, the business has built strong relationships with a broad network of reputable insurance carriers, enabling it to offer tailored coverage options to a diverse client base.

The agency’s revenue is primarily driven by Medicare products, supported by additional income streams from life insurance and group insurance policies. It’s focused niche, recurring client needs, and strong carrier access position the business for continued stability and growth.

Designed for flexibility, the operation is easily relocatable and well-suited for a home-based setup, offering low overhead and scalability for a new owner.

Financial Highlights:

• Sellers Discretionary Earnings (SDE): $94,000
• List Price: $350,000

This turnkey opportunity is ideal for a licensed agent seeking an established book of business or an existing agency looking to expand within the high demand senior insurance market.

Contact the Seller:

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Property Features and Assets:

The owner has been active in the insurance industry since 2012 and established the business in March 2015. The business relocated to its current location in March 2019 and was incorporated in January 2023.
The owner is the sole operator and agent, working with a broad range of insurance carriers and offering health insurance and Medicare plans throughout the Chicagoland area. The majority of the work is focused on Medicare products, with additional revenue generated from life insurance and group insurance policies.

Market Competition and Expansion:

Health insurance is something people will always need, regardless of age or financial situation, which creates a steady opportunity to grow the client base. Additional growth can come from reaching more individuals aging into Medicare, increasing referrals from existing clients, and continuing to build on the strong online presence and reviews to drive new inbound leads.

There is strong demand for insurance brokers who can help clients find the most effective coverage at the lowest cost. With the rising cost of health insurance being a major concern nationwide, many individuals are looking for knowledgeable advisors to help navigate their options and make informed decisions.

Reason for Selling:

Retirement. Kindly ask the seller for more information.

Additional Details:

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