Insurance Agency for a Great Price

Charlottesville, VA (Albemarle County)

Seller Financing Available
Store Front Example

Asking Price:$85,000

Cash Flow:$7,000

Gross Revenue:$114,141




Rate/Sq. Ft.:$12.36


Insurance Agency for a Great Price

Get Financing Save Print Share Valuation Report

Business Description

Motivated Seller for On-Pace Award Winning Agency

Must sell young insurance agency started in December of 2013 due to personal circumstances. Book value is $583,537, retention rate 83%.

Great location in growing market, fully furnished office, great corporate partner with big name recognition. Financing available including a line of credit for working capital for right candidate. New agent will qualify for:
-Vested time with purchase of existing agency.
-Up to 30% in enhanced commissions for new business.
-10% Commission on renewals of existing business.
-Corporate Partner payout of $82,000+ upon termination.

Additional Benefits: Bonus money is paid on Company goals… The Company provides paid worldwide trips yearly for spouse and significant-other based on company contests. There is formal training with product knowledge and the sales process for running a successful enterprise.

Detailed Information

Included in asking price
Real Estate:
Building Sq. Ft.:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Business Office in a high-end and expanding area of Charlottesville. Two full time employees and one part time employee. Beautiful office setting with six work stations. This business includes all furnishing and a new negotiable lease. Landlord is open to keep the insurance agency in place.
This is a Captive Agency Franchise. The Corporate Partner has a reputation for competitive pricing and claims service that is so good, it comes with a guarantee. Their retention of clients is nationally known. "The Good Hands People"
Growth & Expansion:
The agents can grow two ways within the Corporate Partner structure, Build within your Agency through marketing and second through acquisition. Buying additional Agencies and managing them as Satellite Offices.
Available and approved through agency lender for up to $82,000.
Support & Training:
Corporate Partner has a training facility that teaches product knowledge and underwriting skills. Also buyer will have enduring Corporate support in sales, marketing, and technology from day one.
Reason for Selling:
New Career Opportunity
This business is an established franchise

Listing Statistics for Premium Members

Ad#:1297722 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Business Listed By:
Jamal Hurd

Show Phone Number
Find out more...

Get more details about this business.

Similar Listings

Commission Express

Franchise Opportunity
Capital Required: $100,000