S258 - Insurance Agency Northwestern San Anto

Insurance Agency Northwestern San Antonio

Location
City San Antonio
State Texas
County Bexar

Financial Information
Asking Price $175,000 Show Loan Calculator
Down Payment $115,000
Annual Receipts $90,000
Cash Flow $60,000

General Information
Description Established agency providing services to the Northwestern San Antonio (410 & I-10) area. This agency qualifies the Buyer for the enhanced compensation program providing lucrative income up to 40% Commissions. Policies offered by this agency are Home, Auto, Life, and Health, and with over 1,000 policies in place, the business generated over $100K in commissions last year. Part-time employee willing to stay on. This agency is able to be relocated. 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. The existing customer base is bilingual requiring the buyer to be proficient in Spanish. You should have or be willing to obtain P&C, Group-1 Life & Health licenses. Currently securities (SEC regulated investments) are provided by a financial specialist. Opportunity to grow the book of business by new owner obtaining Series 6 & 63 licenses. Seller financing Available. The owner is retiring and is willing to train the new owner for a smooth transition. Owner willing to stay on long term as a Life Producer.
Reason For Sale Retirement after 24 years
Franchise No
Home Based No
Relocatable No
Year Established 1980s
Year Acquired 1980s
Employees 1 FT/1PT

Building Information
Building Sq. Footage 1,100
Monthly Rent $1,300
Real Estate Available No

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