Independent Agencies Sales Alert – May 2019 Edition

You’ve probably landed here because you’re interested in buying an insurance agency. Many prospective buyers agree that looking for a list of agencies for sale can feel like a time consuming and fruitless endeavor.

If you’re having trouble finding an insurance agency to purchase, working with an intermediary like Springtree Group will help. Every month, you’ll find a new Sales Alert posted right here at this location on our website; some months we share a bonus “off cycle” alert as well. Because we are the biggest US business broker (intermediary) that works specifically in the insurance space, Springtree Group’s team members are always working on matching our registered buyers with the insurance agency that is right for them.

While our Sales Alert posts alone are ripe with agencies for sale, potential buyers should know that this is a mere fraction of the agencies we have information about. We are happy to provide Registered Buyers with access to our full list of agencies for sale.

This month’s highlighted agencies for sale include:

SHOP A: Southern Alaska: This agency offers the incredible opportunity to own a strong and robust agency in America’s last frontier. With 50 years under its belt, this P&C agency has four producers and two CSRs. With direct contracts with Safeco, Liberty Mutual, Allstate (independent contract), Progressive, Western National, Alaska National and more, this agency has a Reported Revenue of $600K and an Asking Price of 2.5X of revenue. Tracking Code: DAKJC

SHOP D: DFW Metroplex: Here we have a solid personal lines shop in an excellent location – the busy metropolitan area of Dallas / Fort Worth, Texas. With one full-time producer and two part-time CSRs, this agency’s markets include: Progressive, Kemper, Infinity, Falcon and others. The book of business is 30% standard / 70% non-standard. Reported Revenue $168K (includes $23K in fees) / Asking Price 1.9X of revenue. Tracking Code: STXRV

SHOP G: Phoenix Metro: This eleven-year-old, well-established independent property and casualty insurance agency has a focus on non-standard auto business. With direct appointments with Progressive, Legacy, Commonwealth, Dairyland, Safeway and more, this agency has a Reported TTM Revenue of $115K and an Asking Price of 1.62X of Revenue. Tracking Code: DAZES.

To learn more about additional listings in North and South Texas, Columbia, MD, Memphis Metro, Charleston, SC, Tampa, FL, Lakewood, CA and more, email: Service@SpringtreeGroup.com.