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Thriving Insurance Agency with Strong Growth Potential

Listing Number: 022822-905742


Unlock the potential of this growing agency, backed by an iconic and prestigious brand. This firm combines the best of both worlds: the local expertise and personalized service of local agents, coupled with the resources and trusted reputation of a company with an over $25 billion brand value - one of the largest insurance companies in the United States.

Established in 2018, this agency branch has been successfully operating in the robust and growing Finance and Insurance industry for five years, with a rebranding in 2021. Committed to providing excellence in service and education to its clients, the agency boasts a strong customer base with minimal client concentration risk. The operation is underpinned by a lucrative commission structure, with earnings ranging from 15-35% on new and renewal policies, complemented by additional revenues from life, retirement, and supplemental health products. Notably, the agency has achieved an average annual year-over-year growth rate of 13%. The business is primed for a smooth ownership transition and poised for continued expansion under new leadership.

Industry Overview

The Finance and Insurance sector is experiencing dynamic change, propelled by regulatory shifts, technological innovation, and heightened demand for risk management (source: IBISWorld). Firms that navigate the digital landscape effectively and provide innovative product offerings are positioned to thrive. Insurance agencies, in particular, benefit from the stability and repeat business associated with policy renewals.

Growth & Expansion

Ripe for expansion, the agency's growth strategy is multi-faceted, encompassing both digital and traditional marketing. By increasing the marketing budget and leveraging a sales-focused approach, there's high potential for revenue amplification. The firm’s existing market presence can be fortified through an amplified investment in live call leads, digital media efforts, and by possibly acquiring adjacent agencies to scale operations.

This established insurance agency opportunity offers a winning formula that combines a trusted brand and ample resources, empowering you to provide customers with insurance and financial solutions that perfectly match their specific requirements. The office boasts lower required marketing costs and also includes provided leads and full carrier support. For example, the insurance company provides agents with 24/7 customer service and claims for their clients. They also offer ongoing training opportunities for new and seasoned agents alike.

Don't miss out on this exceptional opportunity to take advantage of such a reputable brand, local expertise, and a strong market position that can drive growth and build lasting customer relationships for generations to come.

Listing Details

  • Price: $ 350,000
  • Down Payment: $350,000
  • Sellers Discretionary Earnings: $ 111,451
  • Total Sales: $ 256,179
  • Location: Stark County, Ohio

  • Inventory: $ 0
  • FF&E: $ 0
  • Employees: 2
  • Year Established: 2017
  • Reason for Selling: to better focus on other channels of opportunity
  • Category:
Thriving Insurance Agency with Strong Growth Potential

Business Listed By:

Brian Adolph
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