The research staff at Springtree Group has been very busy and has uncovered insurance agency buying opportunities on both coasts for you to consider. We did not want to wait until the next Sales Alert before giving you the opportunity to take a look. Please move fast if you are interested.
La Mirada, California – This a fantastic six-year-old agency is located in the vibrant Los Angeles metro area of Southern California. This agency is a full-service agency with a book of loyal clients. There will be 2 CSRs and 5 producers that will continue on post sale. Markets include Allied, Amtrust and Hartford. Asking Price 2.5X of Revenue / Reported Revenue $550K.
Port Charlotte, Florida – This is an exciting block of business but made up of Medicare Supplement clients. This is a very profitable business niche in the Florida marketplace. The owner is happy to engage with the buyer for a period post close to make sure the block is carefully transitioned. Markets include Aetna, United Healthcare and Humana. Asking Price 2X of revenue / Reported Revenue $50K.
Being associated with Springtree Group provides you access to the strongest array of M&A and financial tools and services available to support your acquisition, perpetuation and operational needs in any part of North America. We also work with insurance agency owners and agency buyers in South America, Europe and the Bahamas. Please call (972) 395-8811 or use our convenient online contact form to request additional information on services and opportunities.