Insurance Agency For Sale - Wheaton, Illinois

Description

Established insurance agency for sale in Wheaton, Illinois.

The agency has a book of business representing approximately $1.5 million in recurring policy premium renewals. Buyers should confirm the associated commission revenue and retention rates during due diligence.

Included in the sale

• Existing customer book
• Office location
• Trained staff
• Furniture and fixtures
• Computers and office equipment
• Supplies
• Marketing materials
• Signage

Training is available for the incoming owner, and prior insurance experience is not required by the seller.

The agency must continue operating under the existing national brand and cannot be combined with another insurance brand or maintained as part of a passive investment portfolio.

The buyer is expected to work onsite and reside locally, subject to the agency agreement and carrier requirements.

SBA financing and possible seller financing may be available to qualified buyers, subject to lender, SBA and seller approval.

Buyers should verify commission revenue, premium volume, customer retention, carrier appointments, employee arrangements, office lease terms, agency agreement requirements and all applicable Illinois insurance licensing requirements during due diligence.