In this special excerpt from our March 2018 Off-Cycle Sales Alert sent to Registered Buyers, we highlight an outstanding opportunity in the Midwest that we did not want to wait until April to show you. Please move fast if you…
The listings below are a small sample of the many new independent insurance agencies for sale discovered through our research or provided to us during the last 30 days. Upon request, we will provide Registered Buyers access to previous month’s and off cycle listings.
To receive the full listing of insurance agencies for sale each month, please call (972) 395-8811 or complete the form at right and note that you would like to register as a buyer.
Garland, Texas – A strong well established five-year-old P&C shop located in the DFW metroplex. 75% Commercial (specialize in 18 wheelers, Commercial Auto & G/L). 25% Personal Lines (accommodation for commercial clients). No walk-ins and the agency/book is very transportable. WAP $5MM / Reported Revenue $330K / Asking Price $600K.
Lufkin, Texas – An 18-year-old independent P&C agency located East of Dallas. This very strong agency provides general lines personal and commercial lines of business (specialty in religious organizations) in Texas and Louisiana. Three seasoned and strong CSRs are available to carry the book. Great markets including Hartford, Travelers and Progressive. Reported Revenue $250K (including fees) / Asking Price $500K.
Houston, Texas – A strong and well-established auto, home and commercial insurance agency operating in over 25 states nationwide is now for sale. The agency is 100% virtual and has no walk-in traffic. This agency is a full coverage agency with a primary focus in commercial garage business. The agency owner is willing to stay on as a producer if desired. Reported revenue $233K / Asking price $450K.
Reno, Nevada – A well-established 40-year-old independent Life and Health insurance agency is now for sale. Long standing Medicare supplement and Health agency located outside of Reno, NV. The agency has no employees and can easily be folded into your current agency. Carriers include Anthem, Humana, Transamerica and more. This also has a small amount of P&C business with Progressive and Foremost. Asking Price $500K / Reported Revenue $300K.
San Jose, California – This agency is located on a busy corner in the highly desired city of San Jose, CA. This agency is a full-service agency with a book of loyal clients. The owner prides himself on building the business from the ground up and continues to maintain a high retention rate. Markets include Mapfre, Safeco, Progressive, Stillwater and Nationwide. Asking Price $300K / Reported Revenue $130K.
To receive the full listing each month of insurance agencies for sale nationwide, please complete the form at right and note in the message that you would like to register as a buyer.
Our buyers have expressed a strong demand for us to provide an overview of what insurance agencies for sale we show as currently available in Texas at this time. We also frequently receive inquiries from agency owners and prospective buyers from other parts of the country. In both cases, we support and work for you, the buyer. To this end, Springtree Group puts together every month a special listing of notifications for insurance agencies for sale across the state and across the country. We eliminate any independent agencies that we know are under contract and have a few that are specifically pocket listings for which the sellers have asked us not to broadly communicate the availability.
Additional Insurance Agency Listings
The blog links shown below highlight additional examples of the numerous listings for Texas-based insurance agencies currently available, as well as insurance agencies for sale in other parts of the country. Each month’s full listing is available to registered buyers. Below the latest posts, we have also included helpful information about buying and selling agencies, and important considerations on both sides, from due diligence considerations to financing options.
For more information, please call Springtree Group at 972.395.8811, or contact us online with details about the type of insurance agency you are looking to buy, such as the size, coverages offered and geographical location. We look forward to working with you.