Independent Insurance Agency For Sale NM

NOT DISCLOSED, New Mexico

Asking Price $0 Year Established 2008
Annual Revenue $766,380 Reason for Selling Retirement  
Annual P/L $325,493 Attention Sarkis Kaladzhyan
Annual Cash Flow $0 Listing Number 1010575  
# of Employees 9 Business Category Services: Financial, Accounting, Insurance

Business Overview:

This long-established independent insurance agency has developed a diversified production mix across personal lines P&C, commercial lines, life, health, travel, and group benefits. Office is 4,000 sqft with a low rent of $1,350. The agency’s P&C book is weighted primarily toward auto, homeowners, and dwelling fire, with additional production in commercial lines, and workers’ compensation. Direct appointments include Progressive, Safeco, Formost, Safeway. Its life and health division includes Medicare, major medical, Marketplace, dental, vision, life, and disability products, while the group benefits segment provides group health, life, dental, vision, disability, HSA/HRA, accident, critical illness, cancer, and hospital/surgical coverage. Agency utilizes EzLynx. Revenue: $766,380.

At the seller’s request, the asking price is not publicly disclosed. Upon completion of a signed NDA and submission of proof of funds, qualified buyers may receive additional information and submit their highest and best offer.

Property Features and Assets:

<p>This is a leased location of 4,000 square feet with a Total monthly rent of $1,350. Seller is active with 7 FT, 1 PT and 1 contracted employees. Hours of operation are 8am to 5 pm, M-F. $15,000 in FF&E included in the asking price. $2,500 made in leasehold improvements. Property Casualty, Life and Health license required.</p><p> </p>

Market Competition and Expansion:

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

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