Trucking Exclusive Commercial Agency for Sale
Executive Summary
We are pleased to present an excellent opportunity to acquire a highly profitable commercial insurance agency. With a niche trucking focus they boast excellent retention rates and loss ratios.
We are pleased to present an excellent opportunity to acquire a highly profitable commercial insurance agency. With a strong track record of success, gross commissions exceeding $2 million, and an impressive retention factor of over 95%, this agency offers considerable potential for further growth and expansion.
The agency's exclusive focus on the Commercial Trucking industry sets it apart from competitors, creating a unique niche in which it has established a strong reputation. The specialized expertise has enabled the agency to attract and retain a loyal clientele, which includes Commercial properties located in both northern and southern California. This wide geographical reach offers significant growth potential, as it allows for a diverse market footprint.
One of the key advantages of this agency is the predicted spike in premiums within the industry over the next few years. As insurance premiums continue to rise, this agency is poised to benefit from increased commissions, resulting in a potential windfall of revenue. With the right strategic approach, the new owner can leverage this upcoming trend to further enhance the agency's profitability.
In order to ensure a smooth transition and continued success, only applicants who sign a Non-Disclosure agreement can provide legitimate proof of funds will be considered. This requirement ensures that serious and capable individuals or entities are evaluated, guaranteeing the preservation of the agency's strong reputation and high standards of service.
Key highlights of this commercial insurance agency:- Specialized in serving the Commercial Property industry- Gross commissions of over $2 million- Impressive retention factor of over 95%- Well-established client base in both northern and southern Tennessee- Expected windfall commissions from skyrocketing premiums in the coming years
Don't miss out on this outstanding opportunity to acquire a highly profitable commercial insurance agency. With its specialized expertise, loyal clientele, and substantial growth potential, this agency is primed for continued success. Interested parties are invited to provide legitimate proof of funds to be considered. Act now and seize this strategic investment.
Location: Shelby County (TN)
Year Established: 1998
Number of Employees: 4
Franchise: None
Rent: $4000.00 Per Month
Facilities: This is a hub office location and can be relocated to a physical storefront office per carrier guidelines.
Growth & Expansion: Cross sells to existing customers as well as new business developed from the owner's marketing and prospecting campaigns available to all agents.
Reason For Selling: Retirement
Training/Support: Seller will provide transition assistance as well if desired.
Listing ID: 1990
Asking $4,500,000
Gross Revenue: $1,200,000
Cash Flow SDE: $900,800
EBITDA: Not Disclosed
Very low overhead
Excellent profitability
Low cost rent. No relocation needed!
What's included in info kit:
3 yrs tax returns
2 yrs P&L
Loss Runs
CIM (Confidential Information Memorandum)
Please note: When requesting information kit we require an NDA to be signed by all viewing parties. This will be sent via Docusign.
Listing ID: 1990