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Business for Sale Summary

Insurance Agency for sale in Dutchess County - 33749

Business Type: agents/brokers,seller financing available,insurance companies
Owner Financing
Insurance Agency for sale in Dutchess County
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Financial Information (non-confidential)

General Information
Asking Price $395,000 Down Payment $295,000
Gross Revenues $163,000 Lease Remaining Register Free to View
Owner’s Cash Flow $75,000 Number of FT Employees Register Free to View

Financing

$295,000 Down and 100k over over 24 months @ 7%

Business Description

Long standing Captive Agency for sale in friendly Dutchess County. The agency has been in the same location for over 30 years serving a loyal customer base. Great location near a popular supermarket and other shopping venues. Currently two employees, all new phone system and computers. Come catch the rising tide of new homeowners moving from NYC and Westchester County to enjoy the open space and better bank for their home owning buck. $1.75 million book of business. Turnkey operation, agency is in move in condition. Low rent. Low loss ratio 45%, 62% multi-line households, 1200 Policies in Force, 89% retention. Great opportunity. Motivated seller retiring and offering seller financing.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.