Today we share with you STG’s October 2020 Independent Insurance Agency Sales Alert. As always, we’d like to give a nod to our in-house research and outreach groups, as well as our SEO program managers. They bring us invaluable potential…
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.
La Mirada, California – This a fantastic six-year-old agency 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 CSR’s and 5 producers that will continue 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 market place. 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.
San Francisco, California – A high tech and established P&C agency is now for sale. Clients are primarily Technology, Construction and Real Estate development. Agency uses a variety of technology tools to improve efficiencies and is entirely digital (no paper). The owner is happy to engage with the buyer for continuing employment if requested. 100% standard line products through, National General. Networked Insurance Agents, Arrowhead and others. Asking Price 2X of Revenue / Reported Revenue $44K.
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.