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Insurance Agency In Dutchess County For Sale

Dutchess County, New York, US
Asking Price:
$395,000
Sales Revenue:
$163,000
Cash Flow:
$75,000

LISTING ID # 33749

Long standing Captive Agency for sale in friendly Dutchess County. The agency has been in the same location for over 30 years serving a loyal customer base. Great location near a popular supermarket and other shopping venues. Currently two employees, all new phone system and computers. Come catch the rising tide of new homeowners moving from NYC and Westchester County to enjoy the open space and better bank for their home owning buck. $1.75 million book of business. Turnkey operation, agency is in move in condition. Low rent. Low loss ratio 45%, 62% multi-line households, 1200 Policies in Force, 89% retention. Great opportunity. Motivated seller retiring and offering seller financing.

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Business Operation

Reasons for selling:

Retiring

Employees:
2FT
Years established:
2018

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

295,000.00 Down & 100k over over 24 months @ 7%

Furniture / Fixtures value:
$10,000

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