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Listed by:

First Choice Business Brokers Van Nuys

Broker license number: 01435452

Insurance Agency For Sale

Michigan, US
Asking Price:
Undisclosed
Sales Revenue:
$262,498
Cash Flow:
$28,772

This primarily trucking-focused insurance agency/book has an active book of approximately $1.18M in in-force premium, with carrier relationships including Progressive MI, Highlander Specialty, Lloyd’s of London, Hartwell, Berkshire, Progressive Southeastern, Accredited, and GEICO.

The book is currently written in MI, IL, ID, IA, TX, FL, NJ, PA, and OH, with the majority of accounts consisting of 1–5 unit trucking risks.

The business is operated by the owner with support from a virtual CSR, creating a lean operating model with potential upside for a buyer that already has existing infrastructure, carrier access, servicing capacity, or trucking insurance experience.

Signed NDA and proof of funds are required prior to receiving additional information, except for buyers listed on Insurance Journal’s Top 100 Agencies list.

Interested buyers should contact the broker to submit their best offer.

**Buyer must hold a Property & Casualty license to acquire this agency/book.**

Property Information

Real Estate:

Lease

Premises Details:

This is a leased location of 200 square feet with a Total monthly rent of $605. Lease is month to month. Seller is active with 1 contract employee. Hours of operation are 9 am to 5 pm M-F.

Size in square feet:
200

Business Operation

Reasons for selling:

Other business interests

Trading hours:

9 am to 5 pm M-F

Employees:
1
Years established:
7

Other Information

Support & training:

2 Weeks

Relocatable:
This business can be relocated

Listed by

First Choice Business Brokers Van Nuys

Broker license number: 01435452