UNDER CONTRACT-Strong and Stable Independent Insurance Agency For Sale

Albuquerque, NM (Bernalillo County)

UNDER CONTRACT-Strong and Stable Independent Insurance Agency For Sale
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Asking Price: $585,000

Cash Flow: $92,634

Gross Revenue: $333,769

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 1992

UNDER CONTRACT-Strong and Stable Independent Insurance Agency For Sale

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Business Description

UNDER CONTRACT-Strong and Stable Independent Insurance Agency For Sale

This independent property and casualty insurance agency writes over $3 million in premiums a year. It is New Mexico’s second largest Progressive agent as well as works with a number of well-respected national insurance brands. This portfolio allows it to match clients with the insurance that best fits their needs and budget. New owners will take over a turnkey business with a licensed staff in place, a stable book of business, and an active referral network. Strong office protocols and quoting/CRM tools are in place.

Detailed Information

Employees:
4
Competition:
Competitive rates, excellent customer service and strong ties to the local community have made this agency stand out from other agents in the area.
Growth & Expansion:
New owners can growth the business by adding life and health insurance.
Support & Training:
The Seller is committed to supporting a successful transition to new ownership. Details to be negotiated. An office manager and experienced staff will support new owners during the transition and beyond.
Reason for Selling:
The Seller is moving out of state to pursue other interests.
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Michael Greene

Business Listed By:
Michael Greene

Sam Goldenberg & Associates

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