Established insurance agency - 40 years in business
Business Description
Franchise insurance agency, established for 40 years in this location. High retention of 90% and low overhead expense. Agency is priced to sell at 2x of TPP, as such there's not a lot of room for negotiation in price. Low ball offers will not be responded to.
About the Business
- Years in Operation
- 40
- Employees
- 1 Full-time
- Franchise
- This business is an established franchise
- Facilities & Assets
- Book of business with 900 policies in force. High retention at 90%, and low overhead expense. Established agency here for 40 years in high traffic plaza. Priced to sell. Price is based on 2x of TPP. Low ball offers will not be considered.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 800
- Rent
- $2,000.00 per month
About the Sale
- Seller Motivation
- Personal reasons
- Transition Support
- Owner willing to stay for training and transition for 4 weeks
- Financing Options
- Seller financing for qualified buyers evaluated on a case by case basis.
Listing Info
- ID
- 2521673
- Listing Views
Listing ID: 2521673 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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