General Insurance Agency: Heavy P & C
Location Louisiana,United States
Asking Price Range $250K - $500K
Gross Revenues $1200000
Net Profit / Cash Flow $102000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1975
Number of Employees 6 - 9
Inventory 8000
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Available.
Reason for Sale Retirement.
Description 32 year old insurance agency has an excellent reputation in the community. Its loyal customers have been doing business with them for decades. Agency is a general full line agency but most of its policies and premiums are in the P&C areas. Agency writes for very high quality companies with Progressive being the biggest.
Business is located in a freestanding building on a major high traffic street. It has good visibility from the street. Building is approximately 2500 sq ft and it sits on a commercial lot of about 90x120 ft. Building was appraised in 2004 for $104,000. Seller will sell business without the building with price reduced accordingly. Seller is ready to retire and motivated to sell. Seller will work with new owner to transition customer base and carriers with whom they place their business. Seller is open to substantive offers. Seller will seriously consider and promptly respond to all reasonable offers. Quality insurance agencies like these are very hard to find. This one won't last long. Act fast! Come see, make offer. Contact for more information on this Insurance Agency for sale.
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