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Independent Auto Insurance Agency For Sale

Harris County, Texas, US
Asking Price:
$235,000 Furniture / Fixtures included
Sales Revenue:
$112,117
Cash Flow:
$70,459

Well-known independent insurance agency specializing in non-standard automobile insurance is available for sale to a licensed insurance agent. The company works with Fenix General Agency, United Auto Insurance Services, Alinsco Insurance, and Southern General Agency. The buyer can choose to buy the business and assume the lease, subject to landlord approval or buy the book of business leaving behind the overhead. Either option includes an extremely loyal customer base, nearly twenty years of name recognition, a strong retention ratio, revenue upside from cross-selling additional insurance products and potentially a bilingual employee who is familiar with the clients.

The business was established in 2008 by a husband-and-wife team that had been in the insurance business since 1986. By treating customers like family, they grew exponentially, all by word of mouth. They always prided themselves on providing a great customer experience for everyone who walked through their doors. The business has been in the same location for 16 years. The husband passed away in 2018 leaving the wife to run the business and she is ready to retire.

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rent: $850.00

Square Units (Foot, Meter): 1,000

Location:

Facilities: The business is located in a free-standing building on the corner of a major street with ample parking.

Business Operation

Reasons for selling:

Retiring

Trading hours:

M-F 9-5, Sat 9-12

Employees:
1
Years established:
2008

Other Information

Support & training:

# of Weeks Seller Will Offer Training: 2

Furniture / Fixtures value:
$2,000 - included in the asking price