Insurance Agency - Manassas, Virginia
Established and highly regarded as one of the top nationwide insurance firms, this Manassas, VA based insurance agency with a business book of $15.0 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 even higher Gross Revenues for the incoming owner. 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
High visibility office location near main travel roads with good signage and free parking.
Employees
5
Lease Terms
Assumable office lease terms.
Real Estate
Lease
Trading Hours
M-F 8am to 5pm
Management Type
This business is owner operated.
Premises Details
Asking price includes all assets such as office equipment, office computers, office furniture, office supplies, Marketing materials, company signage and more. Employees will stay on with the new incoming owner. Nice professional looking office location with free parking. Current owner will assist with the transition and the existing office lease is transferable to the new owner.
Years Established
19
Expansion Potential
Lots of market share available in this above average income area.
Competition / Market
The Manassas, VA area business sector continues to grow with the influx of families and businesses from neighboring communities and other States. The city acts as a hub for companies in manufacturing, aerospace, and technology. Growth in the insurance sector is virtually guaranteed with new residents requiring insurance for life, homes, health, cars, boats, rentals and vacation dwellings. A full training program with continuous best practices support is included. Extensive nationwide Marketing programs with TV, radio and internet advertising continuously drive new customer opportunities to your agency. Engage now so you will have the opportunity to acquire your own agency and a long-term career you can build upon.. Agents do own their book of business and have the option to sell that book of business when they plan to exit the agency. Profit and cash-flow figures are confidential but an NDA document will be sent to you after the initial conversation of interest in acquiring the agency.
Inventory / Stock Value
$1,500 - included in the asking price
Reason for Selling
Retirement.
Financials
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