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Listed by:

NW Franchise Consulting

Insurance Agency for Sale - Billings, Montana

Billings, Montana, US
Asking Price:
$995,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$5,900,000
Cash Flow:
On request

Established and highly regarded as one of the top national coverage insurance firms, this Billings, Montana based agency with a large business book of $5.9 million in recurring policy premium renewals is currently for sale. Includes a professional office location, fully trained staff, office equipment, office furniture, computers, office supplies, company signage and a very significant and loyal customer base. No insurance experience necessary. Complete training is available as well as assistance with licensing requirements. The existing owner has offered to work out an optional apprenticeship program with the incoming owner to make a smooth transition and safeguard the high office customer retention rate. Seller may be willing to offer financing to the incoming buyer.

PLEASE NOTE- This agency must be operated under the brand name of this national insurance firm and cannot be combined with any other brand of independent or captive insurance business. Also, it cannot be acquired into an investment manager's portfolio of businesses. Purchase of this insurance agency requires the buyer to be onsite at the office location and reside in or near the local community.

Property Information

Real Estate:

Lease

Lease Terms:

Lease is assumable and the incoming owner has the option of relocating the office when the current lease expires.

Location:

Billings, Montana based agency. High visibility office location with good signage, good road access and free parking.

Premises Details:

Nice office in a business centric location and open for walk-in customers. The property is Leased.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Extensive nationwide Marketing programs with TV, radio and internet advertising continuously driving new customer opportunities to your agency.

Competition / Market:

This agency is well established in Billings and has an excellent customer rating and high retention figures.

Reasons for selling:

Retirement.

Trading hours:

M-F 8am to 5pm

Employees:
3
Years established:
15

Other Information

Support & training:

Complete training is available as well as assistance with licensing requirements. The existing owner has offered to work out an optional apprenticeship program with the incoming owner. A full training program with continuous best practices support is included.

Financing available:

SBA and bank loans are typically available to acquire the agency with.

Furniture / Fixtures value:
$8,500 - included in the asking price
Inventory / Stock value:
$1,000 - included in the asking price
Relocatable:
This business can be relocated