Portable Commercial Trucking Insurance Agency For Sale

Atlanta, GA

Seller Financing Available

Asking Price:	$190,000
Gross Revenue:	$63,225

Cash Flow:	$55,000
Established Year:	2023

Listing ID: 2303686Listing provided by BizBuySell

BUSINESS DESCRIPTION

Portable Commercial Trucking Insurance Agency For Sale

As a Business available for acquisition, this opportunity is highly attractive to prospective Buyers seeking to expand their Commercial Trucking insurance portfolio. Founded in 2023, the Company holds a Book of Business consisting of approximately 38 policies, $568,000 in Premium with 30 commercial auto policies and 8 personal lines. The Agency is directly appointed with Progressive and has only one appointment with Berkshire Hathaway.

It's important to highlight that there is no physical office and only one 1099 employee for lead generation, making this a straightforward book roll for the right Buyer.

NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

DETAILED INFORMATION

Location

Atlanta, GA

Inventory

Not Included in asking price

Employees

Facilities

No facilities.

Competition

The insurance industry is highly competitive, but acquiring this opportunity can lead to substantial business growth and the expansion of your book of business.

Growth & Expansion

In addition to cross-sell opportunities, there's a possibility that a Buyer may have negotiated better commission rates with carriers, which could lead to immediate upside for the Company.

Financing

TBD if deal structure and terms are acceptable.

Support & Training

To ensure a smooth transition and ongoing success the Sellers will work with a Buyer as needed to successfully transfer the Book of Business.

Reason for Selling

Seller is ready to change industries.

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