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Listed by:

Best Biz to Buy LLC

Amazing Insurance Company - Remarkable 30% Growth, Impressive For Sale

Texas, US
Asking Price:
$995,000 Furniture / Fixtures included
Sales Revenue:
$641,000
Cash Flow:
$371,180

This business is a full-service, brand-name insurance agency that sells both personal lines of insurance and commercial lines. The types of insurance they sell are:

Personal Lines
- Auto
- Home
- Umbrella
- Motorcycle
- Travel Trailer
- Rental Insurance
- ATV’s

Commercial Lines
- Life
- Workers Comp
- BOP Policy
- General Liability
- Umbrella
- Landlord Policies

Their office is located in a beautiful, modern building in a very high traffic area on a major thoroughfare. Most of their sales are generated through leads from the internet and personal referrals. Their main marketing strategy consists of getting very high visibility on Google internet searches. Using the internet to capture leads has enabled the business to grow dramatically – at a rate of around 30 percent per year.

Their agents and staff are very highly motivated to be successful, to increase sales, and to maintain momentum. They encourage a great work ethic and a positive attitude for everyone in the office.

The staff is well trained, highly seasoned, and able to efficiently run day-to-day activities without involvement from the owner.

Property Information

Real Estate:

Lease

Lease Terms:

They have a 5-year lease at $3,280 per month, which includes $2,880 in rent plus $400 for utilities and CAM (Common Area Maintenance). There are three years left on the lease, which expires on May 1, 2026.

Leasehold Rent:

$2,880 per annum

Location:

The office is located in a very high traffic area on a major thoroughfare.

Premises Details:

The overall space is 2,200 sq. ft. and has 5 offices, one of which contains 4 cubicles. In addition, there is a reception area, a large conference room that seats 10 people, and a supply room.

Business Operation

Expansion Potential:

Unlimited – Consistently increasing at 30% per year

Competition / Market:

Various insurance agencies – name brand and independent

Reasons for selling:

Medical – Moving Out of State

Trading hours:

Monday – Friday 8 AM – 5:30 PM

Employees:
7
Years established:
2020

Other Information

Support & training:

Owner will provide 30 days of free, onsite training plus 6 months of phone consulting on an as-needed basis.

Financing available:

SBA

Furniture / Fixtures value:
$15,000 - included in the asking price