Listing Number: 71790-427518
NATIONALLY BRANDED INSURANCE AGENCY
Nationally branded insurance company with personal lines as well as property and casualty lines for sale southcentral Alaska. Motivation for the sale is retirement and a desire to turn the page. Buyer must have property, casualty, life, and health insurance licenses to operate. Buyer is also required to get a series 6 and 63 license within two years after opening.
Revenues from commissions earned is $4.7M annually Acquisition cost is estimated at $1.4M - $1.6M. Friendly financing through a corporate affiliate is available to an interested buyer. Business cash flows. Staff would like to remain on. Agency is in Anchorage and can be relocated but must remain in the general area. This is a captive agency.
- Price: $1,400,000
- Down Payment: $140,000
- Sellers Discretionary Earnings: $0
- Total Sales: $5,700,000
- Inventory: $0
- FF&E: $0
- Reason for Selling: Retirement
- Category: Insurance