We’ve made it through Christmas and much of the hustle and bustle of the December holiday season. Although some people are still celebrating and New Year’s Eve is just around the corner, many of us are back to work and attempting to re-focus on both personal and professional goals for 2019. For those of you who are looking to purchase an independent insurance agency in the coming year, we have a late December Sales Alert!
This Off-Cycle Announcement is specially compiled for those who can’t or would prefer not to wait until our next official Sales Alert in January to make a move toward owning an independent insurance agency. We urge you to contact us ASAP if you are interested in learning more about the agencies that are presently listed for sale. The M&A market is booming, and agencies are moving exceedingly quickly.
Currently, our off-cycle highlighted insurance agency is located in Houston, Texas. Details about the agency are as follows:
- This Houston, Texas agency is well-established and has been thriving in the highly desirable Houston-area marketplace since 2009. With street-level signage and welcomed walk-in business, this retail agency has high retention rates. Proudly bi-lingual with both Spanish and English spoken, the agency’s business is comprised of approximately 70% personal lines (auto and homeowner’s insurance, etc) and 30% commercial lines (consisting of general liability, commercial auto and workers’ compensation). Reported Revenue: $150K ($60K fees) / Asking Price: $235K.
In case you missed our December Sales Alert post, you can view the agencies that were highlighted earlier in the month here. In addition to our featured agencies for sale, there are additional exciting listings across the country. Working closely with Springtree Group to find the independent agency that’s right for you means you’ll have the strongest array of financial, lending, merger and acquisition tools at your fingertips. Springtree Group supports insurance agency acquisitions, perpetuation and operational needs throughout all of North America, as well as parts of South America, Europe and the Bahamas.
Interested in the listing shared today and/or our complete list of independent insurance agencies for sale? Simply give us a call at (972) 395-8811 to learn about the next steps in acquiring an independent insurance agency. Alternatively, you can reach out to us on our website contact form. If you’d like to email Springtree’s CEO Sam Patterson directly, you can write to him at: Sam@SpringtreeGroup.com. We look forward to partnering with you!