MergerPlace

1.4M Insurance Agency With Staff

Idaho


  • Asking Price: $250,000
  • Gross Income: $240,522
  • Cash Flow: $112,268
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $5,000
  • Listing ID: #220669
  • Established: 2009
  • Employees: 3 FT

Business Description

Looking for a great way to replace your current salary and hedge against downturns? Own a well established Allstate Agency!
Proven to be resilient and virtually recession proof, these agencies utilize multiple income streams with financially sound results. This is an excellent opportunity to purchase a well established book of business! $1.4M+ book with 88% retention means predictable recurring income month after month. Over $216k in annual commissions and 3 agents already on staff with a 4th available. All lines and dual licensed in WA and ID.


Business Details

Primary Business Category: Finance - Insurance Carriers & Related
Location: Idaho

Company Information

Year Established: 2009
Home Based: No
Franchise: Yes
Relocatable: Yes
Number of Employees: 3 FT

Financial Information

Asking Price: $250,000
Gross Revenue: $240,522
Cash Flow: $112,268
FF&E: $5,000
Seller Financing Available: No

Property Information

Facilities:

Affordable lease, located by other high traffic businesses.

Growth & expansion opportunities:

Growing city, great location with exposure to high traffic count.

Competition:

Competitive edge over others in the industry with higher profits and retention rates.

Reason for selling:

Other business opportunity forces sale.

Support & Training:

Will train for 2 weeks @ no cost Agency Owner willing to stay on for initial transition period. Excellent training and support provided by Franchisor. Experienced licensed staff already in place. New owner will need/obtain license.

Contact Business Seller

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Business Listed By:

Ken Bohenek

Murphy Business Brokers