La Plata County, CO Financial Services Businesses For Sale

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Insurance Agency in Durango, COOpportunity for an individual seeking to control their own destiny
$269,000Cash Flow: $100,000
Insurance Agency in Durango, COOpportunity for an individual seeking to control their own destiny

Durango, CO

Acquisition opportunity in Durango, CO with Farmers Insurance. The combined agency has $2 million in gross written premium and 2,000 policies in force. Buyer will purchase all renewal commissions on a multiplier. Additional bonuses and incentives are available as well. Buyer financing available through Farmers Insurance Federal Credit Union. Contract is exclusive with Farmers Insurance but with the ability to sell outside lines as well, including the ability to pass the agency to a family member.

Durango, CO Tax Practice For Sale
Durango, CO Tax Practice For Sale

Durango, CO

? Single-owner EA tax practice ? Long-term, stable client base with strong referral opportunities ? Revenues are primarily Tax Preparation Services (69% Individual; 28% Business) with Tax Planning & Consulting Services (3%) accounting for the balance. Great potential to add additional services, especially write-up work, and financial planning engagements as well ? Cash flow to owner is 63.5 % of gross revenue before potentially duplicate expenses ? Practice utilizes Drake and Quickbooks software ? One seasonal tax preparer paid on production based commission ? Office space is professionally appointed leased space ? Owner is looking forward to retirement after a long, successful career ? Owner anticipates assisting buyer through an appropriate transition period to maximize knowledge transfer and client retention


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