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Aug 6, 2019 — Young and fast growing P&C agency with $2 million in premiums in a well-located fully furnished office. Over 1300 policies in force, with 95% in auto and fire, 5% in commercial and life. This is a profitable agency with 92% retention. Most policies are in preferred personal lines, with a smaller percentage in standard and non-standard. Current robust marketing efforts target homeowners in the community. Prospect lists and leads database will transfer with the sale of the agency.
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Facilities: Well-located 1133 sf office with plenty of parking. Lease is $1200 per month and is current through Jan 30, 2020 – with an option to renew.
Competition: The insurance industry competitive landscape is fragmented, and the Seller has applied consistent marketing efforts along with a high level of customer service in order to grow his agency quickly.
Growth & Expansion: Continue to delight the current clientele, follow up with existing leads, and utilize various corporate marketing resources to expand the book.
Support & Training: As needed.
Financing: Credit Union Financing is Available
Reason for Selling: Other Business Interests
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