Established P&C Ins Agency Seeking 11/27 Close

Business Overview:

This Agency offers a prime growth opportunity for prospective Buyers. With minimal Seller involvement needed and a bilingual team in place, it’s an attractive investment. Buyers with existing direct appointments with Progressive and Kemper, especially those with larger portfolios, may experience an immediate increase in commissions by leveraging better-negotiated carrier rates. The Agency manages approximately 518 standard policies, covering both personal and commercial lines, and generates $900,000 in premium annually. With a strong foundation built over its 36-year history, this is an exceptional business opportunity not to be missed.

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Property Features and Assets:

Facilities: There is a small office located in a shopping center. The lease is month to month at a rate of $1,000 a month.

Market Competition and Expansion:

Competition: There is a lot of competition in the Insurance industry. This is an excellent opportunity for growth through acquisition.

Growth & Expansion: This is an excellent way to expand your Book of Business.

Reason for Selling:

The Seller would like to focus on his other agency that is closer to where he resides, as he lives 4 hours away from this Agency. There is also an opportunistic real estate transaction he would like to place the proceeds of this sale into that deal ASAP.

Additional Details:

Documents:

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