Insurance Agency for Sale in Socorro, NM with Residual Income
Financial Details
- Asking Price:
- $130,000
- Cash Flow / SDE:
- $7,680
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 16.9x
- Location:
- Socorro, NM, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This listing presents a compelling opportunity to acquire a well-established Insurance Office located in Socorro, NM. The business boasts a solid infrastructure and a recognized brand, poised for immediate growth. With a steady stream of residual income, this agency offers a lucrative venture for both experienced insurance professionals and ambitious entrepreneurs looking to enter the market. The business is also noted as relocatable, providing operational flexibility. While specific sales figures are not disclosed, the business reports a Cash Flow of $7,680. The asking price ranges from $130,000 to $170,000. Further details regarding broker representation, buyer fees, seller financing, co-broking, principals only, franchise status, management transition, and real estate are available upon request.
Industry Information
- Industry Description:
- Insurance Agencies, Brokers
- Classification:
- Financial Services
Real Estate & Lease
- Status:
- Available On Request
Listing Details
- Listing ID:
- 114c69da-b844-40fa-a2f4-9c63f4b56828
- Deal Status:
- For Sale
- Date Posted:
- May 07, 2024
- Last Updated:
- September 15, 2025
- Currency:
- USD