43057-JF Franchised Insurance Agency in Mechanicsville, VA

Mechanicsville, VA (Hanover County)

Seller Financing Available
43057-JF Franchised Insurance Agency in Mechanicsville, VA

Asking Price:$199,900

Cash Flow:$90,000

Gross Revenue:$800,000

EBITDA:N/A

FF&E:$15,000

Inventory:N/A

Established:2004

43057-JF Franchised Insurance Agency in Mechanicsville, VA

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Business Description

Full service insurance agency selling Car, Home, Rental, Motorcycle, RV, Life, Business Insurance, Annuities, Retirement, and College Savings Plans; specializing in Life and Personal Umbrella and Renters insurance. Better than 90% retention of clients. Buyer to pay all franchise transfer fees. Franchise training is available locally, regionally and nationally. Total book of clients is $800k in annual premium-renewals & growing. The new owner will get about $50,000 in incentives the first year.

Detailed Information

Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The Agency has good frontage in a strip shopping center operating Monday to Fri 9 AM to 6 PM and by appointment. Low rent $1300/month for 900 sq ft., containing 3 newly redone offices plus waiting area. $15,000 of furniture, fixtures and equipment and $15,000 in leasehold improvements are included.
Competition:
Conveniently located close to interstate in densely populated area.
Growth & Expansion:
• Personalized customer service and commitment to quality • Great growth potential • National Recognition • Wonderful bonuses and incentives provided by corporate • Latest technology in place for greatest efficiency
Financing:
50000.00
Support & Training:
2 weeks
Reason for Selling:
Other interests

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Transworld Business Advisors CEO, Rupesh Bharad

Business Listed By:
Transworld Business Advisors CEO, Rupesh Bharad

Transworld Business Advisors of Richmond VA

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