Long standing, Established, fully staffed, Large Insurance Agency
Gallatin, TN
| Asking Price: | $1,050,000 |
| Gross Revenue: | $4,737,918 |
| Cash Flow: | $257,000 |
| Established Year: | 2011 |
Listing ID: 2316573Listing provided by BizBuySell
BUSINESS DESCRIPTION
Turn-Key, Established Insurance Agency with 4.7MM+ in Premium
Established insurance agency with just over 4.7MM in total premium. Access to many carriers in addition to the primary appointment. Agency offered with staff for a turn-key acquisition opportunity. Personal and commercial lines with the majority of premium in personal lines.
$257,000 in 2024 cash flow. Large portion of revenue is recurring revenue that would be immediately assumed by buyer.
DETAILED INFORMATION
Location
Gallatin, TN
Inventory
Not Included in asking price
Real Estate
Leased
Employees
3
Facilities
Buyer would need to secure an office for operations in Sumner County. Most business is conducted virtually so there is no need for expensive retail space or road frontage.
Competition
Diverse product offerings and access to multiple carriers as well as an established brand promotes business growth opportunity.
Growth & Expansion
Business is located in a growing market of middle TN and offers multiple product offerings across the personal lines and commercial lines space.
Support & Training
Seller is willing to assist in acquisition process in whatever means necessary for 60 days post-purchase. This includes communicating to existing customer base the change in ownership.
Reason for Selling
Owner to focus on another business in different industry.
Franchise
This business is an established franchise
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