Independent Insurance Agency | 100% Growth 2016-2018

Scottsdale, AZ (Maricopa County) (Relocatable)

Car Insurance Agency
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Asking Price: $450,000

Cash Flow: N/A

Gross Revenue: $138,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2013

Independent Insurance Agency | 100% Growth 2016-2018

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Business Description

Virtual Auto Insurance Agency

Nowadays fewer and fewer people are going to a travel agent to search & book flights, or an insurance agents office to shop and buy car insurance. Most people are turning to the internet to fulfill these needs. Our vision was to create a digital platform for clients to be able to shop many different companies & instantly find the best price. Kind of like the “Priceline” of car insurance. Since 2013 we have worked hard to create, develop, and refine this business model. Our lead generation platform organically generated 3,600 quotes in 2018.   We have organically doubled our revenue in the last 3 years with very low overhead & marketing expenses. In 2018 we sold $1.1 Million in premium with only one employee. Being an online independent agency owner gives you the freedom to work from anywhere without huge overhead expenses, the flexibility to shift your book from one company to the next if rates go up & most importantly the ability to build a book of business that can be a source of long term residual income.

2016 – Gross revenue $69,607

2017 - Gross revenue $107,494

2018 - Gross revenue $138,598

Operating expenses around $14K per year

Detailed Information

Location:
Scottsdale, AZ
Employees:
1
Facilities:
1 Digital Insurance Kiosk (Home Based)
Support & Training:
30 Days of Training. 60 Days Support.
Reason for Selling:
Starting a new business.
Home-Based:
This business is Home-Based
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Business Listed By:
Josiah O'Connor

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