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- RE: Portable Commercial Trucking Insurance Agency
- Contact: Rick Carlson
- License #: 01820673
Quick Facts
| Asking Price: | $190,000 | |
| Annual Revenue: | $63,225 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $55,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2023 | |
| Employees: | 1 | |
| BBN Listing #: | 981356 | |
| Broker Reference #: | 1330 INSURANCE |
Business Overview:
As a Business available for acquisition, this opportunity is highly attractive to prospective Buyers seeking to expand their Commercial Trucking insurance portfolio. Founded in 2023, the Company holds a Book of Business consisting of approximately 38 policies, $568,000 in Premium with 30 commercial auto policies and 8 personal lines. The Agency is directly appointed with Progressive and has only one appointment with Berkshire Hathaway.
It's important to highlight that there is no physical office and only one 1099 employee for lead generation, making this a straightforward book roll for the right Buyer.
NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
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Property Features and Assets:
No facilities.
Market Competition and Expansion:
Competition: The insurance industry is highly competitive, but acquiring this opportunity can lead to substantial business growth and the expansion of your book of business.
Growth & Expansion: In addition to cross-sell opportunities, there's a possibility that a Buyer may have negotiated better commission rates with carriers, which could lead to immediate upside for the Company.
Reason for Selling:
Seller is ready to change industries.Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
- View more Georgia businesses for sale
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- Find a business broker
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