Independent P&C Agency For Sale
Location North Carolina,United States
Asking Price Range < $250K
Gross Revenues $60000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1995
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Reason for Sale Growing business outside of P&C
Description Long-established P&C agency for sale in the greater Charlotte, NC area. Annual commissions are $60,000 per year and are increasing in '13 vs. '12. The owners have other business interests that they are pursuing, and thus, would like to sell the book. Asking price is 1.5x the annual commissions. The current book of business runs itself and can very easily be combined with somone else in the area. The big thing here is that potential buyers must already be established in the western portion of Charlotte (i.e. Kings Mountain, Cherryville etc.).
Ron Christopher Co., Inc. is a third-party M&A firm that works with independent P&C agencies. Our fees are paid by the buyer at closing and are contingency-based. We politely decline from working with business brokers and would ask that only serious inquiries be made. A non-disclosure agreement is required before agency-specific details (i.e. exact location, carriers etc.) are released. Please contact Joel Farley.
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