30 Y/O INSURANCE AGENCY SELLER FINANCING AVAILABLE

FRANCHISE FOR SALE IN DENVER, COLORADO

List Price: $330,000 USD

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INTRODUCE ME TO THE SELLER

Annual Gross Revenue:

$200,000 USD

Annual Net Profit:

$50,000 - $100,000

Value of Inventory:

Upon Inquiry

Value of Assets:

Upon Inquiry

Business Category:

Agent Or Broker

Business Operates From:

My Office Or Commercial Location

Year Established:

1992

Seasonal Business:

No

1-3 Months

TRANSITION SUPPORT

Somewhat

PRICE/TERMS
FLEXIBILITY

Full-time

OWNER INVOLVEMENT

SUMMARY

The Agency, established by the current owner in 1992, has a 30+ year track record focusing primarily on families and business owners. They are SBA Pre-Approved and are located in one of the highest-demand and fastest-growing neighborhoods in the area with an average household income of $150k. Also, the Agency is part of the top-rated district in the country and a member of the President’s council, a recognition held by only 0.5% of the brand’s agencies nationwide. The Agency is located in a prime location, one of the wealthiest areas in the Denver metro area, with 52% of the households earning an annual income greater than $125,000 or 200% Denver’s median income. Solid retention rate (88% YTD), which could be improved by actively working on recovering some of the 2,649 inactive accounts. Based on its economic and demographic composition, the office is in an ideal location for the Agency’s products. The typical client is an affluent double-income household with an average income of $150k. This district provides more support than others, which boosts the agent’s likelihood of being successful tremendously. As soon as the new owner acquires the book of business, the national company will offer two weeks of training and continuous support to service the existing policies, growing and personalizing their business, and hiring their sales staff to become a trusted member of the community. Brand recognition thanks to popular national ad campaigns helps as the baby boomer generation enters its retirement years and the demand for insurance is evolving. The population of adults aged 65 and older is projected to increase more than 35% over the next decade. To learn more about this business, please click on the following link: https://listing.raincatcher.com/listing/insurance-agency/ and click the "Login to Sign NDA on the right" to electronically sign our NDA and complete the registration process.

PHOTOS

FACTS

Part-Time Employees:

0

Full-Time Employees:

1-5

Total Employees:

Less Than 10

Timeframe for sale:

Immediate

Total Approx. Monthly Rent:

Upon Inquiry

Lease Expiration:

Upon Inquiry

DESCRIPTION

DAY-TO-DAY INVOLVEMENT

General Agent

FRANCHISE BRAND ACCOLADES AND AWARDS

Member of the President’s council, a recognition held by only 0.5% of the brand’s agencies nationwide.

INVENTORY DESCRIPTION

Office Equipment

ADDITIONAL INFO

Purchase Considerations: * Established agency with a 30+ year track record. * SBA Pre-Approved! * Prime location in one of the wealthiest areas in the Denver area, with 52% of the households earning an annual income greater than $125,000 or 200% Denver’s median income. As well, the office is in a high-demand and one of the fastest-growing neighborhoods in the area with an average household income of $150k. * Part of the top-rated district in the country and a member of the President’s council, a recognition held by only 0.5% of the brand’s agencies nationwide. * Solid retention rate (88% YTD), which could be improved by actively working on recovering some of the 2,649 inactive accounts. * This district provides more support than others, which boosts the agent’s likelihood of being successful tremendously. * As soon as the new owner acquires the book of business, the national company will offer two weeks of training and continuous support to service the existing policies, growing and personalizing their business, and hiring their sales staff to become a trusted member of the community. * Brand recognition thanks to popular national ad campaigns helps as the baby boomer generation enters its retirement years, demand for insurance is evolving. * The owner is also ready to sign a standard two-year, non-compete agreement with interested buyers.

BONUS MATERIAL

WHY I LOVE MY FRANCHISE

The Agency is located in a prime location, one of the wealthiest areas in the Denver metro area, with 52% of the households earning an annual income greater than $125,000 or 200% Denver’s median income. Solid retention rate (88% YTD), which could be improved by actively working on recovering some of the 2,649 inactive accounts. Based on its economic and demographic composition, the office is in an ideal location for the Agency’s products. The typical client is an affluent double-income household with an average income of $150k.

REASON FOR SELLING

The current owner is looking to retire and focus on other interests.

GROWTH OPPORTUNITIES

Brand recognition thanks to popular national ad campaigns helps as the baby boomer generation enters its retirement years and the demand for insurance is evolving. The population of adults aged 65 and older is projected to increase more than 35% over the next decade.

Significant

SELLER FINANCING AVAILABLE

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