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Finance & Insurance

Insurance Agency In Billings

Billings, MT, USA
Updated 276 days ago

Established and highly regarded as one of the top nationwide insurance firms, this Billings, Montana based agency with a large business book of $5.9 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, company signage and a very significant and loyal customer base. No insurance experience necessary. Complete training is available as well as assistance with licensing requirements. The existing owner has offered to work out an optional apprenticeship program with the incoming owner to make a smooth transition and safeguard the high office customer retention rate. Seller may be willing to offer financing to the incoming buyer. PLEASE NOTE- This agency must be operated under the brand name of this nationwide 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

Billings, Montana based agency.

Employees

3

Lease Terms

Lease is assumable and the office has the option of relocating when the current lease expires.

Real Estate

Lease

Relocatable

This business can be relocated.

Owner Financing

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

Premises Details

Nice office in a business centric location and open for walk-in customers. The property is Leased.

Years Established

15

Support & Training

Complete training is available as well as assistance with licensing requirements. The existing owner has offered to work out an optional apprenticeship program with the incoming owner. A full training program with continuous best practices support is included.

Expansion Potential

Extensive nationwide Marketing programs with TV, radio and internet advertising continuously driving new customer opportunities to your agency.

Competition / Market

This agency is well established in Billings and has an excellent customer rating and high retention figures.

Reason for Selling

Retirement.

Financials

Asking Price
$895K
RevenueMost Recent Year
$5.9M
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Yes

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