Listing Number: 43566-868841
Description
A top-of-the line Insurance Agency is available for purchase (an independent insurance broker). More than 19 years in the business. Known for exceptional customer service – the best insurance policy is a good agent! Outstanding well-diversified book of business across a variety of industries, product lines, and policy types (property and casualty, personal and commercial, business general liability and workers comp, bonds and much more). Multiple quality insurance carriers (6 direct contracts) and several MGA (Managing General Agent) arrangements. All Direct Written (direct bill) premium/policies, maximum bonuses achieved for written premiums, super low loss rates and unusually high retention rates. A bi-lingual office with over 30% of business to Hispanic clients. Continuing year over year increases in policies written (top line sales and commission revenue) – increasing at 6-8% yearly. Projecting over $2.8M in premium sales for 2022. Cashflow over $139,000 last year. Revenue substantiated via commission statements. Owner ready to retire and enjoy the fruits of his years of labor.
Listing Details
- Price: $ 1,000,000
- Down Payment: $200,000
- Sellers Discretionary Earnings: $ 139,985
- Total Sales: $ 308,304
- Location: Columbia County, Georgia
- Inventory: $ 0
- FF&E: $ 30,000
- Employees: 5
- Reason for Selling: Owner ready to retire and enjoy the fruits of his years of labor.
- Category: Insurance
