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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Georgia Businesses For Sale Categories   >>   

Health And P&C Agency For Sale

Location  Georgia,United States
Asking Price Range  < $250K
Gross Revenues  $210000
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1994
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Reason for Sale  Retirement
Description  Indpendent agency for sale in and around the northeast greater Atlanta corridor. The agency is 70% health products (individual/group, disability, Medicare supplement) and 30% P&C (mostly personal insurance; 60% standard/40% non-standard). Annual commissions are around $175,000 per year and are growing slightly in '13. The owner prefers to stay on part-time but have freedom with their schedule as needed. This is an excellent opportunity for someone interested in a ''buy/sell'' or ''perpetuation'' agreement. It might be of interest as well if the new owner brings in a manager/producer to groom to take over the business fully when the current owner completely retires. An asking price has not been fully established but an approximate value of $210,000 has been discussed with the seller. Payment terms and owner financing can be discussed and the current owner is open to discussing the options. Ron Christopher Co. is a third-party M&A firm that works with indepent insurance agencies. Our fees are paid by the buyer at closing and are contingency-based. Key items that the seller will consider include: 1.) experience in the health insurance business, 2.) funds for a significant downpayment (25%+) and 3.) creative flexibility in structuring the purchase to allow them to work part-time. We politely decline from working with business brokers and would ask that only serious inquires be submitted based on the criteria above. An approved NDA is required before any agency-specific information is given. Please contact: Joel Farley, Ron Christopher Co., Inc.
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