Independent Insurance Agency with $2M in Revenue
Fulton County, GA
| Asking Price: | $3,759,000 |
| Gross Revenue: | $1,400,000 |
| EBITDA: | $800,000 |
| Real Estate: | $850,000 |
| Cash Flow: | $1,000,000 |
| Inventory: | $20,000 |
| FF&E: | $45,000 |
| Established Year: | 2010 |
Listing ID: 2206552Listing provided by BizBuySell
BUSINESS DESCRIPTION
Book Diversity - Top Carriers - Commercial & Personal Lines 60/40
A 10+ year established and successful independent Insurance Agency is prime for an agency seeking a large boost in commercial and/or personal lines managed with A staff of 10, including VA's. This performing agency exceeds $10M in premium with policies ready to be cross sold! The staff currently binds about $100,000/mo in new business sales with our direct Carriers. Some of the carriers and policy premiums are Standard or Nonstandard, with personal lines premiums exceeding $5M and Commercial also exceeding $5M. Recent bank evaluation exceeds $3M
DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
2,000
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Location for sale or rent. Both locations are about 5000 sq ft combined, One location has a basement with 5 -7 offices and a conference room. The Atlanta, location is a large on crawl space with conference area.
Growth & Expansion
Cross-selling, Commercial lines to Personal Lines, and vise versa.
Financing
Possible Owner Financing, prefer full pay
Support & Training
Seller will assist with transition and appointments. Staff is willing to stay.
Reason for Selling
Have more than one business and looking to expand my portfolio.
Home-Based
This business is Home-Based
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