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Listed by:

First Choice Business Brokers Van Nuys

Broker license number: CA DRE #01435452

Independent Insurance Agency for Sale East NM

New Mexico, US
Asking Price:
On request Furniture / Fixtures included
Sales Revenue:
$766,380
Cash Flow:
$325,493

This long-established independent insurance agency has developed a diversified production mix across personal lines P&C, commercial lines, life, health, travel, and group benefits. Office is 4,000 sqft with a low rent of $1,350. The agency’s P&C book is weighted primarily toward auto, homeowners, and dwelling fire, with additional production in commercial lines, and workers’ compensation. Direct appointments include Progressive, Safeco, Formost, Safeway. Its life and health division includes Medicare, major medical, Marketplace, dental, vision, life, and disability products, while the group benefits segment provides group health, life, dental, vision, disability, HSA/HRA, accident, critical illness, cancer, and hospital/surgical coverage. Agency utilizes EzLynx. Revenue: $766,380.

At the seller’s request, the asking price is not publicly disclosed. Upon completion of a signed NDA and submission of proof of funds, qualified buyers may receive additional information and submit their highest and best offer.

Property Information

Real Estate:

Lease

Premises Details:

This is a leased location of 4,000 square feet with a Total monthly rent of $1,350. Seller is active with 7 FT, 1 PT and 1 contracted employees. Hours of operation are 8am to 5 pm, M-F. $15,000 in FF&E included in the asking price. $2,500 made in leasehold improvements. Property Casualty, Life and Health license required.

Size in square feet:
4,000

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

Retirement

Trading hours:

8am - 5pm, M-F

Employees:
7 Ft , 1 PT, I Independent Contractor
Years established:
18

Other Information

Support & training:

2 weeks

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

Listed by

First Choice Business Brokers Van Nuys

Broker license number: CA DRE #01435452