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Business Sales & Acquisitions

Insurance Agency – Brand Name

Price: $660,000

Location: Queens, New York

Industry: Financial Services

Listing ID: 06142017

Brand Name ,established ,Insurance Agency for sale. 91% retention. Established at same location for 30 years.
Do you want to be your own boss? Earn what you’re really worth? Make a difference in the community? It takes a special kind of person to become an Agency Owner. A successful candidate is equal parts dedicated and driven. Someone who isn’t afraid to take risks and turn them into rewards. Someone with a passion for helping people live the good life and building a good life for themselves. You want high earning potential and the support you need to get there. But you also want a name on the door that you can believe in. That’s Your Opportunity !

Competitive compensation, rewards and incentives for your hard work
Customizable marketing and advertising tools to help grow your business
Brand-name recognition from a top marketer and a Fortune 100 Company
Ongoing education and support
High earnings potential .

You are required to obtain all applicable state licenses for property & casualty, life & health insurance before getting appointed with the company

Listing Details

Down Payment: $250,000

Gross Revenue: $3,100,000

Cash Flow: $208,000

FFE: $5,000 (Included in Price)

Reason For Sale:

Divorce

Training & Support:

Seller will train the buyer

Operation

Year Established: 1970

Year of Last Acquisition: 2008

Days & Hours of Operation: Mon to Sat

Owner Hours Per Week: 40

Employees: 3

Managers: 1

Location

Security on Lease: 3400

Monthly Rent: $ 1,700

Type of Location: Office Building

Square Footage: 500

Facilities Information:

2nd floor office suite on a main street in queens.

30 years at same location.

2 large offices and and a reception area.

Summary

Owner Qualifications:

need license.

Competition:

plenty.

Potential Growth:

many modern marketing programs to implement and support from the insurance carrier.

Financing/Terms:

Available .pre approved.