NOT DISCLOSED, Texas
| Asking Price |
$2,800,000 |
Year Established |
2006 |
|
| Annual Revenue |
$1,392,116 |
Reason for Selling |
Seller will retire |
|
| Annual P/L |
$0 |
Attention |
Raul Quintero |
|
| Annual Cash Flow |
$429,515 |
Listing Number |
1013585 |
|
| # of Employees |
7 |
Business Category |
Services: Financial, Accounting, Insurance |
|
Business Overview:
Established in 2006, this highly respected independent insurance agency has evolved into a full-service Field Marketing Organization (FMO) supporting approximately 200 independent agents across the United States. With nearly 20 years of successful operation in El Paso, the agency has built a strong reputation and loyal client base through exceptional customer service, ethical business practices, grassroots marketing, and innovative outreach. All agents are appropriately licensed by the Texas Department of Insurance with General Lines – Life, Accident, Health & HMO licenses and maintain the required Medicare certifications and carrier appointments to market Medicare-related products.
The agency specializes in Medicare insurance products, which generate approximately 90% of annual revenue, with the remaining 10% derived from ACA (Affordable Care Act) plans for individuals under age 65 and supplemental health insurance products. Its client base is stable and diverse, with approximately 80% Spanish-speaking customers and 90% of clients age 65 or older.
The business is well-positioned for continued growth throughout the El Paso and Southern New Mexico markets, supported by its recognized brand, bilingual staff, long-standing community relationships, and established referral network.
Guided by its mission, "Your Wellbeing is Our Mission," the agency has demonstrated consistent performance, resilience, and a trusted reputation for delivering personalized
insurance solutions to the communities it serves.
Property Features and Assets:
<p>Founded in 2006 as an independent insurance agency, the business was built on a hands-on approach and a strong understanding of the insurance industry. Through consistent growth and strategic leadership, the agency expanded from a small independent operation into a General Agency and ultimately a full-service Field Marketing Organization (FMO). What began with just three agents has grown into a network of approximately 200 independent agents across the United States.<br>Headquartered in El Paso, the agency has established deep roots within the local community while successfully expanding into neighboring markets throughout Texas and New Mexico. Its growth has been driven by ethical business practices, a strong brand reputation, grassroots marketing, and a commitment to exceptional customer service.<br><br></p>
Market Competition and Expansion:
<p>The agency has significant upside potential through targeted expansion initiatives, including:<br>Geographic Expansion: Further penetration in El Paso and surrounding areas.<br>Referral Partnerships: Establishing a structured referral program with Hispanic Medical Providers.<br>Targeted Market Growth: Expanding into other major Hispanic markets across Texas and New Mexico<br>These strategies position the agency for scalable growth while leveraging its strong brand, bilingual capabilities, and established reputation.<br> <br></p>
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity