OFF-MARKET ‘Q2 2022
Dallas TX Personal Lines Insurance POWERHOUSE!
Grand Prairie, Dallas County, TX
Seller Financing: May be available if the price and deal structure is right
Asking Price: Competitive Auction Format
Cash Flow: $218,565
Gross Revenue: $305,855
EBITDA: N/A
FF&E: Nominal
Inventory: N/A
Established: 2007
Employees: 1
Business Description
This virtual personal lines insurance agency (that also has a a premier Dallas MSA storefront!) is a true turn-key opportunity built around a website and advertising strategy that has proven to be a POWERHOUSE for business development: not only is there strong organic website traffic of over 3000 visitors/month, but a majority (60%+) of the 350-400 quotes the agency gives each month come from the website and advertising.
With a 70% new business close rate, over 78% renewals and a strong referral network also in tow, whether you are a single agent looking for a stable book of business or an agency in growth-mode looking for a technology-focused business that will help you accelerate an expansion, you have options with this agency!
The Seller is looking to retire, so he is looking for the right buyer to take what he has built and to grow it to the next level. Confidentiality is a concern for the Seller as he seeks just the right buyer, and so the location information provided in the ad is that of the broker, and not of the Business. Business location and name will be shared once a qualified Buyer prospect is vetted. NDA required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities:
The Business operates from an 1150 Sq. Ft. store-front office that rents for $1,450.00 monthly. The office lease expires in March, 2024 and there is inherent transactional flexibility on this front if the Buyer wants to change locations or run the Agency virtually. The Seller believes that the location could continue to be a positive, but not necessary, factor in the Agency’s future success.
Competition:
There are many competitors, but few with the marketing prowess of this agency!
Growth & Expansion: Continue/expand the advertising program put in place by the Seller/grow the Commercial/P&C side of the business.
Financing: TBD if structure and terms are acceptable.
Support & Training: As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.
Reason for Selling: Retirement.
OFF-MARKET- Dallas TX Personal Lines Insurance Agency for Sale
