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Finance & Insurance

Branded Insurance Agency Asset Sale

Schenectady County, NY, USA
Listed 256 days ago

HS Listing ID-69497 An excellent opportunity to acquire an established Insurance agency in New York, featuring a healthy, well-performing book of business and meaningful growth potential. The agency generates approximately $307,000 in annual commissions from $3,359,016 in annual in-force premium, with the majority of revenue derived from personal lines. The book demonstrates strong stability and underwriting performance, supported by an 88.31% retention rate and a 31.83% loss ratio, positioning this as a low-risk acquisition for the right buyer. Operating with low overhead, the agency is located in a large office space that allows room to expand the sales and service team. The landlord is open to offering a long-term lease, providing continuity and flexibility for a new owner. Included in the purchase price is approximately $40,000 in office equipment and furniture, enabling a turnkey transition with minimal additional capital investment. This agency is particularly well-suited for: An existing agent seeking to merge books and increase market presence A multi-location operator looking to add profitable premium in New York A hands-on buyer seeking stable cash flow with clear upside With strong core performance metrics, scalable infrastructure, and a solid premium base, this represents a strategic acquisition opportunity for buyers looking to expand or strengthen their existing operation. A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Real Estate

Lease

Management Type

This business is owner operated.

Reason for Selling

Other business interests.

Financials

Asking Price
$700K
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets ValueIncluded in Asking Price
$40K
Seller Financing
Not available

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