S341 - Agency North Central San Anto

Agency North Central San Antonio

Location

City San Antonio
State Texas
County Bexar

Financial Information

Asking Price $350,000 Show Loan Calculator
Down Payment 10%
Annual Receipts $170,000
Cash Flow $89,000

General Information

Description This North Central San Antonio agency is located in the heart of an affluent community in North San Antonio on a heavily trafficked road with excellent signage. The area is mainly upscale residential neighborhoods. Policies offered by this agency are Home, Auto, Life and Health, and Commercial Insurance with over 1,301 policies in place. The business generated over $170K in commissions last year with an 90.5% Auto retention rate. 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. Current owner has their series licenses. Business could be acquired with as little as 10% - 20% down with insurance experience, primarily P&C. Buyer also must be approved and attend Allstate training prior to purchase The owner is willing to train the new owner for a smooth transition.
Reason For Sale Retirement
Franchise No
Home Based No
Relocatable Yes
Year Established 2000
Year Acquired 2000
Employees 1 FT Plus Owner

Building Information

Building Sq. Footage 1,256
Monthly Rent $2,082
Real Estate Available No

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