S329 – Agency North Central San Anto

Agency North Central San Antonio - S329

Location

City San Antonio
State Texas
County Bexar

Financial Information

Asking Price $650,000 Show Loan Calculator
Down Payment $65,000
Annual Receipts $260,000
Cash Flow $162,000

General Information

Description This centrally San Antonio agency is located at the intersection of two heavily trafficked roads surrounded by upper middle class neighborhoods. Policies offered by this agency are Home, Auto, Life and Health, and Commercial Insurance with over 2,484 policies in place. The business generated over $259K in commissions last year with a 90% retention rate. The customer satisfaction with this business is rated at 84%. This is a perfect opportunity for someone to get into the insurance industry or if relocating this is an excellent book of business to build from. You should have or be willing to obtain P&C, Group-1 Life & Health licenses, and Series 6 & 63 licenses. The opportunity for growth is to sell the Series 6 & 63 products to the existing base of stable business. Some Seller financing may be available. Business could be acquired with as little as 10% - 20% down with insurance experience, primarily P&C experience. The owner is willing to train the new owner for a smooth transition. This is structured as an asset sale and is neither an offer nor a solicitation to sell securities. For more information contact Bob Howells at 210-348-8989 or info@bbofsa.com.
Reason For Sale Retirement
Franchise No
Home Based No
Relocatable No
Year Established 1984
Year Acquired 1984
Employees 1

Building Information

Building Sq. Footage 750 SF
Monthly Rent $1,252
Real Estate Available No

Contact Business Brokers of San Antonio for more information.