Insurance Agency with Book of Business - Elizabeth
Elizabeth, Union, NJ · Ref: ADV-10008
Asking Price
$610,000
Cash Flow
$168,000
Gross Revenue
$550,000
EBITDA
$162,000
Employees
5
Established
2011
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0 inquiries
Business Overview
Independent insurance agency with a $550K renewal book covering auto, home, commercial, and life policies. Strong community ties in Elizabeth with bilingual staff (English/Spanish). CRM and book of business transfer included.
Business Highlights
$550K renewal book included|Bilingual staff serving large Hispanic market|Appointments with 8 carriers|Low overhead - primarily recurring commissions|Clean E&O history
Quick Facts
Type
Business
Financing Available
No
Real Estate Incl.
No
NDA Required
Yes
Inventory Value
$0
Reason for Selling
Owner consolidating with another agency in a different state.