Insurance Agency for Sale - Fairbanks, AK
Established and highly regarded as one of the top nationwide insurance firms, this Anchorage, Alaska based insurance agency with a business book of $5.0 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, Marketing materials, company signage and a very significant and loyal (high retention rate) customer base. Excellent training and licensing program. No insurance experience necessary. Seller may be willing to offer financing to the incoming buyer. With the current high commission incentives paid on new business insurance policies and the lucrative annual bonus opportunities, this office has the potential to generate Gross Revenues in the $750k-$850k+ range over the next 12 months.
- Asking Price:
- $895,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $5,000,000
- Cash Flow:
- $250K - $500K
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
The property is Leased. The seller owns the building and is willing to rent it back to the new owner.
- Location:
-
FAIRBANKS ALASKA. Fairbanks North Star County. This is an established agency located in Fairbanks, AK. The agency is located in a high-traffic commercial area just off Airport Way, the main thoroughfare of Fairbanks, Alaska. Neighboring Pioneer Park and the Carlson Center, the office location is extremely desirable.
- Premises Details:
-
2 stories and 1,800 square feet with a garage, storage, kitchenette, 2 private offices, 6 fully equipped workstations, and a customer waiting area. well-maintained, impressive office with excellent signage and visibility.
- Size in square feet:
- 1,800
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
With the current high commission incentives paid on new business insurance policies and the lucrative annual bonus opportunities, this office has the potential to generate Gross Revenues in the $750k-$850k+ range over the next 12 months. potential to increase revenues through new business commissions and bonuses.
- Competition / Market:
-
Established and highly regarded as one of the top nationwide insurance firms. Growth in the insurance sector is virtually guaranteed with new residents requiring insurance for life, homes, health, cars, boats, rentals and vacation dwellings.
- Reasons for selling:
-
Retirement.
- Trading hours:
-
8:30am - 5:30pm Mon-Friday
- Employees:
- 3
- Years established:
- 26
Other Information
- Support & training:
-
Excellent training and licensing program. A full training program with continuous best practices support is included. The owner is willing to train/assist the new owner. The agency is supported by two experienced licensed staff and has a financial specialist to meet client life insurance and financial needs.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Seller may be willing to offer financing to the incoming buyer.
- Furniture / Fixtures value:
- $12,500 - included in the asking price
- Inventory / Stock value:
- $1,000 - included in the asking price
- Relocatable:
- This business can be relocated
