Business Summary:
Captive insurance agency in northern MA/southern VT market for sale. This agency represents one of the premier and recognizable insurance companies in the U.S. Agency will do 2.65 million in revenue in 2015 with a 9 to 11% gross margin and operates with low overhead. Office Manager will stay aboard for new owner (if you desire) and runs the office three days a week. Business continues to grow steadily and has had a presence in the market for well over 30 years! Agency consistently has retention of over 90%. There is tremendous opportunity for an aggressive, sales oriented individual to increase the growth and expand into other markets at some point. Property/Casualty license and Life/Health license will have to be obtained before starting. No experience in the business is necessary. Just solid business and sales acumen. Please email if there is a sincere interest.
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| Year
Business was Established: 1985 |
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| Number of Employees:
2 |
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| Facilities / Terms of Lease:
3 years |
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| Potential
Growth/Expansion:
Increase marketing and enter MA market. |
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| Competition:
about 5 in the market. Two exclusives and 3 independents. Most are not aggressive. |
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| Owner
willing to finance:
yes, several banks will finance the book for an individual with respectable credit. |
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| Owner
willing to train:
yes and 6 weeks of corporate training. Excellent support. |
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| Reason for selling:
pursuing another business. |
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Seller Reference Number: bm390344877
BusinessMart.com Listing Number: 179296 |
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on this business
please fill out the form shown right 
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