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General Insurance Agency: Heavy P&C

Houma, Louisiana (Terrebonne County)

Services - Finance, Banking, Loans & Leasing | Services - Agents & Brokers

Asking Price $390,000 Inventory  
Gross Income $1,200,000 Real Estate  
Cash Flow $102,000 Year Established 1975
FF&E $8000* Employees 2 ft 4 pt

* included in the asking price

** not included in the asking price

32 year old insurance agency has an excellent reputation in the community. Its loyal customers have been doing business with them for decades. Agency is a general full line agency but most of its policies and premiums are in the P&C areas. Agency writes for very high quality companies with Progressive being the biggest. Business is located in a freestanding building on a major high traffic street. It has good visibility from the street. Building is approximately 2500 sq ft and it sits on a commercial lot of about 90x120 ft. Building was appraised in 2004 for $104,000. Seller will sell business without the building with price reduced accordingly. Seller is ready to retire and motivated to sell. Seller will work with new owner to transition customer base and carriers with whom they place their business. Seller is open to substantive offers. Seller will seriously consider and promptly respond to all reasonable offers. Quality insurance agencies like these are very hard to find. This one won t last long. Act fast!!! Come see, make offer.

Facilities: 2500 sq ft

Support/Training: Available

Reason Selling: Retirement

AD # 337485

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