S252 – Insurance Agency North San Antonio – C

Insurance Agency - North San Antonio – Captive Agency

Location
City San Antonio
State Texas
County Bexar

Financial Information
Asking Price $295,000 Show Loan Calculator
Down Payment $60,000
Annual Receipts $1,250,000
Cash Flow $95,000

General Information
Description Established agency providing services to the North San Antonio (I-35N & 410) area. Current policies are Home, Auto, Life, Health, and Commercial. Current business generates commissions exceeding $130K per year and has over 1,000 policies in place. Long-term, fully licensed employee willing to stay on. This is a perfect opportunity for someone to get into the insurance industry or if relocating this is an excellent book of business to work from. The immediate area is a fast growing area with new home construction and communities constantly being developed. You should have or be willing to obtain P&C, Group-1 Life & Health as well as Series 6 & 63 licenses. Current owner is retiring and is willing to train 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 after 35 years
Franchise No
Home Based No
Relocatable No
Year Established 1973
Year Acquired 1973
Employees 1 FT

Building Information
Building Sq. Footage 1,200
Monthly Rent $1,300
Real Estate Available No

Contact Business Brokers of San Antonio for more information.