Listing Details:

  • Business Category:        Insurance       
  • Price:                                    $790,000
  • Gross Revenue:               $415,462
  • SDE:                                    $134,877
  • Seller Financing:            $79,000
  • Reason for Selling:        Other Opportunities
  • Location:                            MSP Metro
  • Employees:                        3
  • FF&E:                                 $196,310
  • Support & Training:      4 weeks 
  • Non Compete:                 200 Miles for 2 Years
  • Years Owned:                  7

 

Business Description

This established insurance agency operates under a nationally recognized brand with a mature book of business concentrated in home and multi-vehicle policies. The agency maintains a lean team structure with remote customer service representatives and a dedicated sales professional, allowing for efficient operations and strong client retention. Revenue is generated through a combination of purchased leads and referrals, with expansion potential available through additional state licensing. 

 

Business History

Founded in 2018, the agency has built a stable client base over seven years of consistent service. The business has developed reliable systems and processes, supported by training modules provided through the franchisor, ensuring operational consistency and compliance with brand standards. 

 

Competitive Analysis

Operating under a nationally recognized insurance brand provides immediate credibility and access to a broad product portfolio. The agency benefits from established brand recognition while maintaining the personalized service and responsiveness of a local operation. This combination of national backing and local relationships positions the agency competitively against both independent agents and larger corporate offices.

 

Growth Potential

Significant growth opportunity exists through geographic expansion. The agency currently operates throughout Minnesota and holds licensing eligibility for Wisconsin, which would allow retention and expansion of cross-border clients. Additional growth could be achieved through increased lead generation investment, enhanced digital marketing efforts, or cross-selling additional policy types to the existing client base. 

 

Number of Employees

Full Time: 3

Total: 3

 

Owner Weekly Hours

20 hours per week

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northstar@tworld.com

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+(888) 290-5232

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