Business For Sale Listing 134408
Independent Insurance Agency
Status as of Jan-6-2009 at 06:03 PM: Off The Market
Business Summary
This agency is truly independent in nature. It works with the customer’s interest in mind as they shop among a variety of insurance carriers to obtain the best rate and terms for the type of coverage requested by the client. The agency is not tied to any one carrier but it has the ability to shop and compare rates quickly and efficiently with its internal agency management system. This computerized agency management system was a sizeable investment for the owner of the agency when it was purchased but it now is paying good dividends in faster customer service and the ability to sell a wider variety of products as well. The existing customer base is in excess of 1,500 as the agency offers standard homeowners and automobile coverage as well as motorcycle insurance, motor home coverage, watercraft coverage and other insurance products that are in demand in the local market area. The agency also maintains a website which is very useful by allowing customers to request information or to communicate with the agency. The book of business is split equally between preferred standard and standard insurance products which have been sold to ever growing base of customers. Even thought the local economy where this agency is located has experienced some economic declines, the agency has experienced a steady growth in business even during 2007.
Categories
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Industry
Location
Financials
| Sales: |
Between $100 Thousand And $500 Thousand ($253,675) |
| Profits: |
Under $100 Thousand ($74,064) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Asking Price: |
Between $500 Thousand and $1 Million ($730,000) |
