B2B ServicesEstablished in 1997, this insurance agency business has built a loyal customer base in the Princeton area. Owner involvement is primarily managerial; no specialized license is required for ownership, though one is preferred.
Open to financing 10% of the price over 3 years at 7% with an acceptable down payment.
Owner is retiring after 29 years in the business.
Expansion potential through a second location, added staff, and deeper penetration of nearby markets.
Modeling Successful Independent Insurance Agency Netting $464K · $1.24M
Asking price is $1.24M. Type an offer or drag to model one.
SBA 7(a) acquisition loans typically require ~10% down.
SBA business-acquisition loans are usually 10 years.
A market salary for whoever runs the business day-to-day, subtracted from earnings to show true profit. Set to $0 if you will owner-operate.
Estimates for illustration only, based on the listed SDE and your assumptions. Closing costs are estimated at ~2.5% of price for fees and working capital. Actual loan terms, taxes, and earnings will differ. This is not financial advice. Verify all figures in diligence and consult qualified advisors.
Open the full Deal AnalyzerThe documents below open to qualified buyers in the secure data room after a signed NDA.
