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Multi - Unit Insurance Agency - Nationally Branded
Location: United States -> Alaska
Industry: Professional Services > Other Professional Services




Business Summary

Nationally branded insurance company with personal lines as well as property and casualty lines for sale southcentral Alaska. Motivation is retirement and a desire to relocate. Buyer must have property, casualty, life, and health insurance licenses to operate. Buyer is also required to get a series 6 and 63 license within two years after opening.

Revenues from commissions earned is $8.4M annually. Acquisition cost is estimated at $2.1M – $2.5M. Friendly financing through a corporate affiliate is available to an interested buyer. Business cash flows well. Staff would like to remain on. Agency is in Anchorage and can be relocated but must remain in the general area. This is a captive agency.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2020
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  12 weeks
Reason For Selling:  retirement




Print Listing Id: 700361565
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Related Searches: Accounting and Legal  >  Consulting  >  Other Professional Services  > 

Also See: Franchise Opportunities > Franchise Resales > Alaska Businesses For Sale > Alaska Franchises For Sale > Alaska Business Brokers



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