Established insurance agency - 40 years in business

Asking Price$600,000

Cash Flow

EBITDA$180,000

Gross Revenue$280,000

InventoryNot Disclosed

FF&E$1,500
Included in asking price
listing imageSave

Established insurance agency - 40 years in business


Asking Price$600,000

Cash Flow

EBITDA$180,000

Gross Revenue$280,000

InventoryNot Disclosed

FF&E$1,500
Included in asking price

Seller Financing Available
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

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Huma F

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.


Similar Listings
Commission Express
$150,000Commission ExpressFeatured Franchise