Each month, Springtree Group (STG) sends its Registered Buyers a list of insurance agencies for sale nationwide that our in-house research team has uncovered, or that have been brought to our attention through our broad network of industry-related resources and associates. Although many of these opportunities move quickly, other insurance agencies can remain in our inventory of buying opportunities for longer periods. This may be due to a lack of qualified buyers, a broken financing transaction, or a lack of awareness in the marketplace, since most insurance agencies for sale are not public knowledge.
The following insurance agencies for sale represent a sample of these listings. Because these agencies have been on the market for some time, they are likely to hit the radar for prospective buyers soon. If you are interested in learning more about any of the opportunities below, we encourage you to move quickly by contacting us online. Click here to use the form on our website to reach us by email.
South / Central Texas – A well-established, multiple location, non-standard, independent P&C insurance agency. Don’t miss this opportunity to own an established agency with a big presence in south central Texas! Markets include: ACCC Gen Agency, American Access, United Auto, Aggressive, Hallmark, Texas All Risk, Newport and American SW. Asking Price $1.8MM / Reported Revenue $1.1MM. Tracking Code: MACAB
Carleton, Michigan – An established independent Predominately Life Insurance, with Health is now for sale. The specific focus of the agency is Final Expense coverage in the ages 55 and up market. This shop is a marketing machine. Direct Carriers include Allianz, CIGNA, Conseco, Lincoln, United of Omaha and many more. The agency uses I-Pro policy management systems and has 15 employees. Asking $3.25MM / Reported Revenue $2.9MM. Tracking Code: SMIET
Phoenix, Arizona – An independent, established (2006) non-standard personal lines P&C agency is located in the East Valley is now for sale. The agency is comprised mainly of personal line auto policies through long established solid carriers. The top five insurance markets include: Freedom National, Commonwealth, UAIG, Progressive, and Legacy. Reported Revenue $150K / Asking Price 1X of Revenue. Tracking Code: AAZJC
Lufkin, Texas – An 18-year-old independent P&C agency located East of Dallas. This very strong agency provides general 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. Tracking Code: STXJT
Southeastern California – An established, very stable full-service agency is now available for sale. Product offerings include P&C, Life and Health Insurance. The agency has been doing business since 1980 and consist of 60% preferred and 40% non-standard lines. Top markets include Foremost, Dairyland, BCBS, Cigna and more. Asking Price $320K / Reported Revenue $181K. Tracking Code: DCAJA
Saint Louis, Missouri – Highly profitable standard lines independent P&C agency is now available for sale. Access to the seller is through invitation only. This deal is being sold on a competitive EBITDA market multiple. No seller paper or hold backs. Complete and detailed financials will be made available. Highly skilled team is in place that desires to stay. The owner is absentee. Reported adjusted EBITDA $305K / Asking price $1.65MM Tracking Code: SMOMM
Philadelphia Metro – A unique insurance expert referral service to attorneys, who need experts in insurance related litigation. The experts are all accredited and with extensive experience in insurance and the resolution of insurance cases. The owner is flexible with the purchase arrangement and will absolutely consider a revenue sharing formula with a guaranteed income for the buyer. Reported 2016 revenue: $950K / Projected 2017 revenue is over $1MM / Asking Price TBD. Special offering, no fee to the buyer! Tracking Code: SPAAS
Southern Illinois – Long standing agency with 2 locations located in the Midwest. The agency has been doing business since 1960 and has a 50/50 mix of personal and commercial lines business. Both agency locations experience strong walk-in traffic. 60% Standard and 40% Non-Standard lines business. Reported Revenue: $275K / Asking: $357K. Tracking Code: DILJH.
Northeastern Ohio – A strong, well established preferred lines P&C shop is now available. Offers home, auto, renters, business insurance along with bonds and personal liability coverage. Special commercial lines focus in Schools, Artisan and Wholesale. Great markets, including Liberty, Travelers, CNA, SafeCo and others. Reported Revenue $340K / Asking Price 1.75X of Revenue. Tracking Code: DOHDL
South Florida – CIGNA Medicare Supplement Book Plan G and Plan F. No clients have been sold ancillary products. All clients are primed to purchase: Final Expense, Dental / Vision, Life Insurance as well as Annuities. All clients in book are retired Baby Boomers. 400 PIF / Reported Revenue $96K /Asking Price $320,000. Tracking Code: AFLCT
For more information about any of these opportunities, please reach out through our online contact form. To learn more about our mergers and acquisition services for insurance agency transactions, please visit our M&A page here. To learn more about Springtree Group’s capabilities and the services we offer, please download our General Capabilities brochure.