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Premier Independent Insurance Agency For Sale
Location Missouri,United States
Asking Price Range $500K - $1.0M
Gross Revenues $269645
Net Profit / Cash Flow $124442
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1964
Number of Employees 4 - 5
Inventory 19280
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Training Seller is willing to train the buyer for an agreed time as buyer deems necessary and as agreed between both parties. The seller is willing to remain with the company in a consultant role if the buyer and seller agree on needs and terms.
Reason for Sale The seller is ready to retire.
Description Highly established, cash flowing, independent insurance agency specializing in home, auto and health insurance. This agency throws off well over $100,000 in earnings each year and has several prominent commercial clients. Starting a new agency from scratch is difficult because getting favorable contracts from national carriers is dependent on volume expectations. With this business, your volume is already here. There is significant competition in selling insurance and the easiest way to grow an agency is to acquire an existing, profitable book of business that will fit the focus of your particular agency.
This Independent Insurance Agency was founded by the present owners more than 40 years ago. It has maintained steady growth and profitability. In 2011 the agency had approximately 2,800 policies equaling $2,581,430 in premiums. 2012's discretionary earnings are already higher than the previous year's making it a great time to buy this business.
This agency, unlike many of its' competitors, was able to survive and thrive from the terrible loses created by the 2011 Joplin, Missouri tornado. The agency has many ''Top Line'' nationally recognized carriers such as; Progressive, Hartford, SafeCo, North American Life and Grinnell Mutual.
This agency is located in beautiful ''rural'' southwest Missouri. It's the perfect addition to your existing clientele. The owner is willing to train the buyer and ingratiate them with the existing policy base thus making a smooth and successful transition.
Asking Price: $785,000
Click Here To Contact Seller
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