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Finance & Insurance

Insurance Agency In Fairbanks

Fairbanks, AK, USA
Listed 276 days ago

Insurance Agency for Sale - Fairbanks, AK Established and highly regarded as one of the top nationwide insurance firms, this Anchorage, Alaska based insurance agency with a business book of $5.0 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 insurance policies and the lucrative annual bonus opportunities, this office has the potential to generate Gross Revenues in the $750k-$850k+ range over the next 12 months.

Location

FAIRBANKS ALASKA. Fairbanks North Star County. This is an established agency located in Fairbanks, AK. The agency is located in a high-traffic commercial area just off Airport Way, the main thoroughfare of Fairbanks, Alaska. Neighboring Pioneer Park and the Carlson Center, the office location is extremely desirable.

Employees

2

Lease Terms

The property is Leased. The seller owns the building and is willing to rent it.

Real Estate

Lease

Relocatable

This business can be relocated.

Owner Financing

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

Premises Details

2 stories and 1,800 square feet with a garage, storage, kitchenette, 2 private offices, 6 fully equipped workstations, and a customer waiting area. well-maintained, impressive office with excellent signage and visibility.

Years Established

26

Support & Training

Excellent training and licensing program. A full training program with continuous best practices support is included. The owner is willing to train/assist the new owner. The agency is supported by two experienced licensed staff and has a financial specialist to meet client life insurance and financial needs.

Expansion Potential

With the current high commission incentives paid on new business insurance policies and the lucrative annual bonus opportunities, this office has the potential to generate Gross Revenues in the $750k-$850k+ range over the next 12 months. potential to increase revenues through new business commissions and bonuses.

Size In Square Feet

1,800

Competition / Market

Established and highly regarded as one of the top nationwide insurance firms. 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
$895K
RevenueMost Recent Year
$490K
EarningsLast Reported
Undisclosed
Assets ValueIncluded in Asking Price
$13K
Seller Financing
Yes

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