PHILADELPHIA, Pennsylvania
| Asking Price |
$2,100,000 |
Year Established |
1986 |
|
| Annual Revenue |
|
Reason for Selling |
|
|
| Annual P/L |
|
Attention |
Ralph Cummings |
|
| Annual Cash Flow |
|
Listing Number |
603692 |
|
| # of Employees |
5 |
Business Category |
Services: Financial, Accounting, Insurance |
|
Business Overview:
This is a well-established, turnkey, 37-year legacy agency located in a convenient, desirable suburb of Philadelphia. It has a multigenerational customer base with excellent retention and loss ratios. This $8.2M earned premium agency consistent with preferred auto and homeowner policyholders with an excellent opportunity for growth in cross-sales and life/financial services.
This is a great opportunity to take advantage of newly introduced variable comp on new business auto & property! Experienced, licensed staff are open to transition with the sale while the current owner is open to a short-term transitionary consulting relationship if desired.
Property Features and Assets:
Location Available: Yes
Rent/Lease Terms: Assume existing lease or execute new lease
Rent/Lease Rate: $2,600 per month including CAM
F&E Available: Yes
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