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Finance & Insurance

Insurance Agency - Ogden, Utah

Ogden, UT, USA
Listed 237 days ago

Established and highly regarded as one of the top nationwide insurance firms, this Ogden, Utah based insurance agency with a business book of $5.8 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 significantly increased Gross Revenues over the next 12 months. 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

Professional business office in a high visibility traffic area with good main roads access.

Employees

3

Lease Terms

Assumable lease.

Real Estate

Lease

Trading Hours

M-F 8am - 5pm

Management Type

This business is owner operated.

Premises Details

Fully furnished professional business office. Asking price includes all assets; office furniture, office equipment, computers, office supplies, Marketing materials and signage.

Years Established

10

Support & Training

Ongoing support and training for the Owner and all current and future employees. New owners are given a free laptop computer with training software and they can complete the training at home on their own schedule as available.

Expansion Potential

Lots of growth potential in the Ogden business sector as the population grows and more businesses open additional locations.

Inventory / Stock Value

$1,000 - included in the asking price

Reason for Selling

Career path change.

Financials

Asking Price
$925K
RevenueMost Recent Year
$5.8M
EarningsLast Reported
Undisclosed
Assets ValueIncluded in Asking Price
$11K
Seller Financing
Not available

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