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Finance & Insurance

Insurance Agency In Bellingham

Bellingham, WA, USA
Listed 276 days ago

Insurance Agency For Sale - Bellingham, WA. Established and highly regarded as one of the top nationwide insurance firms, this Bellingham, Washington based insurance agency with a business book of $8.0 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. Seller may be willing to offer 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 Gross Revenues in the $750k-$1.0 million+ range over the next 12 months.

Location

Bellingham, Washington. The Bellingham, WA area continues to grow with the influx of families and businesses from neighboring States.

Employees

4

Lease Terms

Current office lease is transferable to new owner.

Real Estate

Lease

Relocatable

This business can be relocated.

Owner Financing

Owner financing is available. Please contact the seller for more information.

Premises Details

Professional office location, fully trained staff, office equipment, office furniture, computers, office supplies, Marketing materials, company signage. Nice professional looking office location with free parking.

Years Established

12

Support & Training

Excellent training and licensing program. Employees typically will stay on with a new incoming owner. Current owner will assist with the transition. A full training program with continuous best practices support is included.

Expansion Potential

With the current high commission incentives paid on new business policies and the lucrative annual bonus opportunities, this office has the potential to generate Gross Revenues in the $750k-$1.0 million+ range over the next 12 months. Extensive nationwide Marketing programs with TV, radio and internet advertising continuously drive new customer opportunities to your agency.

Competition / Market

Growth in the insurance sector is virtually guaranteed with new residents requiring insurance for life, homes, health, cars, boats, rentals and vacation dwellings.

Reason for Selling

Retirement.

Financials

Asking Price
$1.1M
RevenueMost Recent Year
$8M
EarningsLast Reported
Undisclosed
Assets ValueIncluded in Asking Price
$13K
Seller Financing
Yes

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