SOLD – Insurance Agency

Business Description

9-Year established independent insurance agency that offers insurance and tax prep services are now available for acquisition. While the agency offers a complete line of insurance products from auto, home, and general liability to workers comps, auto insurance is the major income source that accounts for more than 90% of their revenues. Revenues have been consistently and continuously growing, and this is a very interesting feat considering that the owner has not done any pro-active marketing since the inception. Currently, there are about 35-40 new customers per month, and this number can be significantly increased thru pro-active marketing. Tax prep income is an area that can be also improved as the owner has noticed that there is an increasing demand from customers for the service. Since its inception in 2003, this business has built a strong customer base and reputation with superior customer service. 80% of the customers are Hispanic. This is a great opportunity to acquire an established insurance agency that still has plenty of room to grow.