Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Listed by:

NW Franchise Consulting

Insurance Agency In Morgantown, WV For Sale

Morgantown, WV, West Virginia, US
Asking Price:
$495,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,900,000
Cash Flow:
$100K - $250K

Established and highly regarded as one of the top nationwide insurance firms, this Morgantown, WV based insurance agency with a business book of $2.9 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, 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 policies and the lucrative annual bonus opportunities, this office has the potential to generate increased Gross Revenues for the new owner.

PLEASE NOTE -This agency must be operated under the brand name of this nationwide 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 office lease, inquire for least terms.

Location:

High visibility office location near main access roads and lots of free parking.

Premises Details:

All assets are included with the asking price: office furniture, office equipment, computers, office supplies, computer supplies, Marketing materials, company signage and a large book of loyal local customers to build your business referrals with.

Business Operation

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

Lots of growth opportunities in the Morgantown and surrounding areas.

Reasons for selling:

Career path change.

Trading hours:

M-F 8am - 5pm

Employees:
2
Years established:
10

Other Information

Support & training:

Ongoing support and training for owners and all current and future staff members of the agency.

Financing available:

SBA and Bank funding are recommended. A 3rd party funding source is also available.

Furniture / Fixtures value:
$7,500 - included in the asking price
Inventory / Stock value:
$650 - included in the asking price