Insurance Office With 80% Recurring Revenue! 650k

Business Overview:

INSURANCE PRODUCER LICENSE IS REQUIRED TO OWN THIS BUSINESS. Office in business for 30 years. 80% of the business is recurring revenue through monthly retainers with 40 clients. Most of the clients have been working with them for over 10 years. Overhead is minimal so over 90% of revenue goes straight to the bottom line. Owners have never spent any marketing dollars and have never went out to solicit business as 100% of their business has come via word of mouth and referrals. With some marketing and sales effort, the sky is the limit for this business! After a very lucrative career, owners are retiring. This business is SBA pre-approved for 90% financing of the purchase price. Due to the nature of the business and confidentiality with their client base; Signed NDA, Proof of Funds, a copy of your Insurance Producers License and buyer interview with the broker are all required before receiving specifics.

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