Established and highly regarded as one of the top nationwide insurance firms, this Midlothian, IL based insurance agency with a business book of $6.8 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 Gross Revenues for the owner in the $795k-$925k range over the next 12 months. Staff will remain with the agency.
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
Property Features and Assets:
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.
Market Competition and Expansion:
The Midlothian and Chicago area business sector continues to grow with the influx of families and businesses from neighboring States. The city acts as a hub for Corporate Headquarters, financial services, 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 have 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.
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
The property is Leased.
The owner is willing to train/assist the new owner.
This is not homebased business opportunity.
This is not a franchise resale opportunity
