INSURANCE AGENCY MELBOURNE
BUSINESS Detail
BUSINESS DESCRIPTION
Super opportunity to purchase a profitable insurance agency with a history of strong year-to-year customer retention rates. The ten-year-old agency is well-known in the community, has steadily increased commissions, and exclusively sells policies of a reputable, nationally-recognised insurance brand. Over 90% of the agency’s total book comprises of personal policies. The current owner has effectively managed the business’s expenses, so the new owner can increase profits by focusing on growing the top line revenue. The owner is retiring.
– Business has been steady with about $355,000 in annual commissions
– Clients based in Melb Metro area
– 200sqm modern office with parking
– Long lease with great rental terms
– Growth and Expansion: Cross-Selling opportunity between protective and financial service lines on existing customer base with market opportunity to generate new revenue
This is a highly confidential matter; No information will be provided without a signed confidentiality agreement and profile form
