S336 – Insurance Agency NW San Antonio

Insurance Agency NW San Antonio - S336


City San Antonio
State Texas
County Bexar

Financial Information

Asking Price $290,000 Show Loan Calculator
Down Payment $63,000
Annual Receipts $164,000
Cash Flow $94,000

General Information

Description This Northwest San Antonio agency is located on an artery between two heavily trafficked roads and is surrounded by middle class neighborhoods. Policies offered by this agency are Home, Auto, Life and Health, and Commercial Insurance with over 1,296 policies in place. The business generated over $164K in commissions last year with an 85% retention rate. Bilingual employee willing to stay on with the sale. 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, 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. 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 1994
Year Acquired 1994
Employees 1FT & 1PT

Building Information

Building Sq. Footage 941
Monthly Rent $941
Real Estate Available No

Contact Business Brokers of San Antonio for more information.