Welcome to a special edition of your Insurance Agent and Broker Sales Alerts. Periodically, Springtree Group provides notice of independent agencies for sale off cycle. Selected agencies may be relisted in the July Sales Alerts publication that is sent to all clients. We wanted to get these opportunities in front of those buyers interested in the aggressive market in Texas, the 12th largest insurance market in the world. These opportunities are new or are recently reentering the market because of negotiations collapsing.
North Central, Texas — A 20-year-old standard independent mixed practice agency is for sale. Asking Price TBD / Reported Revenue $450K. A full line of insurance products including Bonds, commercial, life & health, annuities as well as all personal and home owners types of coverage. In good standing with the Texas DOI.
North Central, Texas — A 26-year-old standard independent mixed practice agency is for sale. Asking Price $569K / Reported Revenue $254K. 60% standard / 40% non-standard personal / 15% commercial. Access to a significant number of insurance markets. A full line of P&C products with a focus towards home owners. Located in a very desirable North Dallas area.
North Central, Texas — A Non-standard independent agency is for sale. Asking Price $360K / Reported Revenue $350K (Includes $50K in Fees). The seller will provide seller financing for a portion of the deal. Two locations. In good standing with the Texas DOI.
North Central, Texas — A standard independent agency is for sale. Asking Price $180K / Reported Revenue $95K (does not include the fee revenue). The seller will provide seller financing for a portion of the deal. Travelers has a major position with this book of business.
Please note that these opportunities are only offered to clients of Springtree Group. If you are a current client or are interested in becoming a client to learn more about any of the above insurance agencies for sale, please contact Springtree Group at (972) 395-8811 or contact us online. We will provide additional details and set up an introductory call with the seller and his broker.
Springtree Grop is committed to providing insurance agency owners with exceptional M&A and financial tools and services available to support your acquisition, perpetuation and operational needs in any part of North America.