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Insurance Agency For Sale - $300,000+ Annual Revenue for sale in El Paso, TX

El Paso, Texas (TX)

Asking Price: Gross: Cash Flow:
$ 649,000 $ 300,000 Undisclosed

Furniture and Fixtures Value:
$ 10,000 (included in the asking price)

Business Summary:
Have you always dreamed about pursing a dream of business ownership? Here's your chance! I am selling my successful Farmers Insurance agency due to a new opportunity out-of-state. This is literally a turn-key opportunity. All furniture and technology needed to run an insurance agency is included in the sale. You simply need to show up, sit down, and begin selling.My current staff includes two highly-trained individuals who have been in the insurance industry for over 10+ years. They will make your transition to the insurance industry very easy. I can say without hesitation they have made my ownership experience incredibly stress-free. When you purchase an insurance agency you are purchasing a sustainable and consistent renewal income. I estimate my renewal income will be close to $240,000 for the year 2019. This does not include NEW business, which will renew next year and into the future.As a Farmers Insurance agency owner you have access to one of the most well-known and respected financial services brands in the country. If you choose to pursue your series 6/63 licensing you will not only have access to over 50 different insurance products, but you will be able to offer retirement products as well (variable life/annuity, 401(k), IRA, mutual funds).While I have done a good job of building a successful business, there is a HUGE opportunity for growth. If you are outgoing and able to build relationships with referral partners throughout Texas, I believe you can double the size of this agency in less than 5 years. When you double the size, you double the income!

 

   
Year Business was Established: 2018
   
Number of Employees: 2FT  
   
Facilities / Terms of Lease: Monthly lease of $1033, expires on 8/2021 but is renewable  
   
Owner willing to train: Yes  
   
Reason for selling: Opportunity out of state  
   
Seller Reference Number: bm2127795205
BusinessMart.com Listing Number: 249370
 

 

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For more info contact:

6362219712
Michael Hizer

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