UNDER CONTRACT-Strong and Stable Independent Insurance Agency For Sale

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Writing Over $3 Million in Premiums a Year
Asking Price:
$585,000

Gross Revenue:
$333,769
Cash Flow:
$92,634
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This independent property and casualty insurance agency writes over $3 million in premiums a year. It is New Mexico’s second largest Progressive agent as well as works with a number of well-respected national insurance brands. This portfolio allows it to match clients with the insurance that best fits their needs and budget. New owners will take over a turnkey business with a licensed staff in place, a stable book of business, and an active referral network. Strong office protocols and quoting/CRM tools are in place.

About the Business

Year Established:
1992
Number of Employees:
4
Market Outlook/
Competition:
Competitive rates, excellent customer service and strong ties to the local community have made this agency stand out from other agents in the area.
Growth & Expansion:
New owners can growth the business by adding life and health insurance.
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About the Sale

Reason For Selling:
The Seller is moving out of state to pursue other interests.
Training/Support:
The Seller is committed to supporting a successful transition to new ownership. Details to be negotiated. An office manager and experienced staff will support new owners during the transition and beyond.

Listing Info

ID:
1568746
Ad Detail Views:
102

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Business Listed by

Michael Greene

Sam Goldenberg & Associates

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U.S. Census Data for Bernalillo and Sandoval Counties, NM
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Bernalillo and Sandoval Counties, NM
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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