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Insurance Agency For Sale - Albany, New York

Albany, NY, USA
Listed 129 days ago

Established and highly regarded as one of the top national coverage insurance firms, this Albany, New York based insurance agency with a business book of $4.4 million in recurring policy premium renewals is currently for sale. Includes a professional office location, fully trained staff, office equipment, office furniture, computers, office supplies, Marketing materials, company signage and a very significant and loyal (high retention rate) customer base. Excellent training and licensing program. No insurance experience necessary. SBA loan funding sources are available. Seller may be willing to offer partial financing to the incoming buyer. With the current high commission incentives paid on new business policies and the lucrative annual bonus opportunities, this office has the potential to generate increased Gross Revenues for 2026 and beyond. PLEASE NOTE - This agency must be operated under the brand name of this national insurance firm and cannot be combined with any other brand of independent or captive insurance business. Also, it cannot be acquired into an investment manager's portfolio of businesses. Purchase of this insurance agency requires the buyer to be onsite at the office location and reside in or near the local community.

Location

Good visibility near a professional business office complex. Visible signage, near convenient road access with some free parking.

Employees

4

Lease Terms

Assumable and renewable.

Real Estate

Lease

Trading Hours

8:30am - 5:30pm Monday-Friday

Management Type

This business is owner operated.

Premises Details

All assets are included in the asking price; office furniture, office equipment, computers, office supplies, Marketing materials, brand signage and a loyal customer base to provide referrals with and help you grow your business and income.

Years Established

10

Support & Training

Extensive training and support for owners, managers, and all current and future staff members.

Expansion Potential

Albany's local business economy is stable and anchored by State government, higher education, and a booming tech sector. State and local governments are making massive investments to revitalize the downtown core.

Competition / Market

Some local competition.

Inventory / Stock Value

$1,500 - included in the asking price

Reason for Selling

Career path changes.

Financials

Asking Price
$695K
RevenueMost Recent Year
$4.4M
Earnings (SDE)Last Reported
$100K - $250K
Assets ValueIncluded in Asking Price
$13K
Seller Financing
Yes

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