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North Carolina Businesses For Sale

Insurance Agency

Location  North Carolina,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $465833
Net Profit / Cash Flow  $412657
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1987
Number of Employees  1 - 3
Inventory  25000
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Leased
Reason for Sale  Other business interests.

Description  Property and casualty insurance is the primary source of commission income for this established insurance agency. 80% of the revenue earned by the agency is from the sale of insurance policies of various types to individuals. The balance of the income is earned from the sale of commercially related insurance products. The agency has been built with a high degree of personal service from the owner. The agency diligently searches the respective insurance carriers represented to insure that the client receives the best coverage possible. This attention to detail and high degree of personal service has earned the agency the reputation among the local constituents as being the insurance agency of choice among the local competitors. The agency has done very well over the years in spite of the fact that only a very small amount of advertising has been undertaken. The owner relies on word of mouth advertising to promote his agency. The agency is well organized from a financial standpoint and the commissions received from the various insurance companies are well documented on an annual basis. Contact for more information on this Insurance Agency for sale.

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