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Finance & Insurance

Insurance Agency For Sale - Wheaton, Illinois

Wheaton, IL, USA
Listed 153 days ago

Established and highly regarded as one of the top national coverage insurance firms, this Wheaton, Illinois based insurance agency with a business book of $1.5 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

High visibility location with good brand signage near convenient road access with free parking.

Employees

3

Lease Terms

Assumable and renewable.

Real Estate

Lease

Trading Hours

8:30am to 5:30pm Mon-Fri

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

5

Support & Training

Comprehensive ongoing training and support for owners as well as staff and any additional employees hired onto the agency. Online insurance licensing is available.

Expansion Potential

Wheaton, IL features a highly prosperous and affluent economy characterized by median household incomes exceeding $120k and low unemployment rates. Located in the western suburbs of Chicago, it is driven by a highly educated workforce and thriving business sectors that include educational services, professional and technical services and healthcare. Demand for insurance coverage services is consistent and growing as the local population increases.

Competition / Market

Some local competition.

Inventory / Stock Value

$1,000 - included in the asking price

Reason for Selling

Career path adjustment.

Financials

Asking Price
$475K
RevenueMost Recent Year
$3M
Earnings (SDE)Last Reported
$100K - $250K
Assets ValueIncluded in Asking Price
$11K
Seller Financing
Yes

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