NOT DISCLOSED, Michigan
| Asking Price |
$0 |
Year Established |
2019 |
|
| Annual Revenue |
$262,498 |
Reason for Selling |
Other business interests |
|
| Annual P/L |
$28,772 |
Attention |
Sarkis Kaladzhyan |
|
| Annual Cash Flow |
$0 |
Listing Number |
1013245 |
|
| # of Employees |
1 |
Business Category |
Services: Financial, Accounting, Insurance |
|
Business Overview:
This primarily trucking-focused insurance agency/book has an active book of approximately $1.18M in in-force premium, with carrier relationships including Progressive MI, Highlander Specialty, Lloyd’s of London, Hartwell, Berkshire, Progressive Southeastern, Accredited, and GEICO.
The book is currently written in MI, IL, ID, IA, TX, FL, NJ, PA, and OH, with the majority of accounts consisting of 1–5 unit trucking risks.
The business is operated by the owner with support from a virtual CSR, creating a lean operating model with potential upside for a buyer that already has existing infrastructure, carrier access, servicing capacity, or trucking insurance experience.
Signed NDA and proof of funds are required prior to receiving additional information, except for buyers listed on Insurance Journal’s Top 100 Agencies list.
Interested buyers should contact the broker to submit their best offer.
**Buyer must hold a Property & Casualty license to acquire this agency/book.**
Property Features and Assets:
<p>This is a leased location of 200 square feet with a Total monthly rent of $605. Lease is month to month. Seller is active with 1 contract employee. Hours of operation are 9 am to 5 pm M-F.<br></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