This is a special edition Off-Cycle Sales Alert – Our Research staff has been very busy locating insurance agencies for sale. With the following outstanding opportunities, we did not want to wait until next month’s publication of the Agency Alerts to give you the opportunity to consider them. Please move quickly if you are interested.
It can be difficult to find healthy agencies that are available for purchase. By allying yourself with Springtree Group, you’ll gain access to up-to-date listings through our expansive network.
Florida: Reduced M&A fee! We are happy to present this is a northern Florida independent P&C agency that is ready for sale. Specializes in Auto and Home products. 75% Standard and 25% Non-Standard. Agency Management System: EZLynx. Bookkeeping: QUICKBOOKS. Major markets include Kemper, Berkshire, Progressive, Dairyland, Tapco, and more. Reported Revenue $200K / Asking Price 2.125X of Revenue. Tracking Code MFLGG
Kentucky: This is an independent personal lines Property and Casualty agency that has been doing business in Kentucky since the early 60s. This independent shop represents Progressive, Safeco, ASI, Kentucky National, and more! The agency has 2 full time employees and utilizes the Agency Advantage management system. Reported Revenue: $297K / Asking Price: 2.5X of Revenue. Tracking Code DKYGL
Texas. This is a pure book buy with no expenses. Unique P&C niche. The current markets include Lloyds, Progressive, Tapco, Arcana, and Tower Hill. The agency started from scratch in 2008. The book has high retention and loyal policy holders. This is a great book to fold into your current agency and based out of the Houston area! Reported Revenue: $260K / Asking Price: 2.5X of Revenue. Tracking Code DTXKS
Georgia. An Atlanta based, nine-year-old, independent Property and Casualty agency is now available for purchase. This shop is 70% personal lines and 30% commercial trucking. One 1099 employee. Major markets include Travelers, Nationwide, Mercury, and Safeco. Reported Revenue $116K / Asking Price 2.5X of Revenue. Tracking Code DGAWT.
Being associated with STG 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. Proudly serving customers in North America, South America, Europe and the Bahamas. Please email us at Service@SpringtreeGroup.com or visit our web site at www.SpringTreeGroup.com for additional information on services and opportunities.