Auto Insurance Agency in Chicago, IL
Finance & Insurance · Insurance Agencies
- Asking Price
- $1.15M
- Cash Flow
- $375K
- Gross Revenue
- $750K
- EBITDA
- $131K
- Location
- Chicago, IL
This agency generates substantial income from two distinct channels: personal auto insurance policies and a significant volume of vehicle registration services. The latter, comprising nearly half of total revenue, benefits greatly from its strategic location adjacent to a DMV. The insurance side focuses heavily on non-standard auto policies, making up 75% of its book, and operates with direct carrier appointments rather than aggregators. A loyal customer base of over 3,700 individuals has been built entirely through word-of-mouth referrals, indicating strong community trust. The operation is well-positioned for expansion, offering a buyer a robust existing policy base and untapped growth potential through active marketing efforts.
SBA 7(a) estimate
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