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Listed by:

NW Franchise Consulting

Insurance Agency In Milford, Connecticut For Sale

Milford, Connecticut, US
Asking Price:
$775,000 Furniture / Fixtures included
Sales Revenue:
$5,500,000
Cash Flow:
$100K - $250K

Established and highly regarded as one of the top national coverage insurance firms, this Milford, Connecticut based insurance agency with a business book of $5.5 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. SBA loan funding sources are available. Seller may be willing to offer partial financing to the incoming buyer. With the current high commission incentives paid on new business policies and the lucrative annual bonus opportunities, this office has the potential to generate increased Gross Revenues for 2026 and beyond.

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:

Assumable and renewable.

Location:

High visibility professional office location, with convenient road access and parking.

Premises Details:

All assets are included in the asking price; office furniture, office equipment, computers, office supplies, Marketing materials, brand signage and a loyal customer base to provide referrals with and help you grow your business and income.

Business Operation

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

Milford features a highly stable and diverse local economy with a high median household income of $104k. Driven by a strategic shoreline location, and a growing base of over 3,000 local businesses, the city serves as key business hub for healthcare, retail, education and manufacturing. A steady and growing demand for insurance coverage services is highly likely.

Competition / Market:

Some local competition.

Reasons for selling:

Career path change.

Trading hours:

8am - 5pm Mon-Friday

Employees:
3
Years established:
8

Other Information

Support & training:

Ongoing training and support for existing employees and staff as well as any new hires that join the agency. Online insurance licensing certification is available for all staff members that sell insurance policies.

Financing available:

Multiple third party funding sources are available, including SBA loans.

Furniture / Fixtures value:
$12,500 - included in the asking price
Inventory / Stock value:
$1,000
Relocatable:
This business can be relocated