This turn key Insurance Agency has been in business for more 30 profitable years. Dealing with all line of business including:
Auto Insurance
Home Insurance
Life Insurance
Business Insurance
And the list goes on...............
The agency has two locations in the fastest growing towns in the State of Oregon. The 2004 to 2005 annual commissions were $326,000.00 and growing the current owner is looking to sell his existing book of business for: $652,000.00. The new purchaser or partner would be purchasing the book of business, operating hardware, and software. Which means instant cash flow and no liabilities.
Agency Operations Costs:
|
Payroll & Tax |
$10,000.00 |
|
Rent |
$ 1,500.00 |
|
Software Maint. |
$ 400.00 |
|
Phones |
$ 300.00 |
|
Advertising |
$ 500.00 |
|
Total |
$12,700.00 |
Monthly Profit:
|
Monthly Income |
$27,160.00 |
|
Less Operating Costs |
$12,700.00 |
|
Monthly net profit |
$14,460.00 |
A 15 year $550,000.00 loan @ 5.5% is a monthly payment of $4,493.00.
A 30 year $550,000.00 loan @ 5.5% is a monthly payment of $3,122.00.
Company List
American States Insurance
Maryland Casualty Company
Progressive Casualty
Western Surety
CBIC
Lincoln General Ins. CO
Skinner Bonding Company
Safeco Insurance Company
JR Olson Bonds & Insurance Brokers
SAIF Corporation
AOI Compwise SAIF
Mid Valley General Agency LLC
Acceptance Insurance Company
Scottsdale Insurance Company
American Reliable Insurance Co
CNA
Platte River Insurance Company
Capitol Indemnity Corporation
Conneticut Surety Company
Evanston Insurance Company
Interstate Indemnity Company
Maryland Casualty Company
Interstate Fire & Casualty Co
Cochrane & Company
Century Insurance Company
Fulcrum Insurance Company
Western Heritage Insurance Com
Cascade National Insurance Co
Liberty Northwest Insurance Co
Assurance Co. of America
National Fire & Marine
For a non-disclosure statement, financial application, and additional information email: info@insagency4sale.com