Off-Cycle Insurance Agent Sales Alert – July 2017

Welcome to a special edition of the Springtree Group (STG) Insurance Agent Sales Alerts. Periodically, we provide Registered Buyers with notice of opportunities off cycle of independent insurance agencies for sale. Should you have interest in any of the deals listed below, please send us an email to request the seller profile.

Glendale, California – An established independent P&C agency (Personal & Commercial Lines) in SoCal. Four agents and three CSR’s. All licensed. This agency is licensed in California, Texas and Nevada. This shop includes direct appointments with Safeco, Travelers, CNA, Nationwide and many more. Asking Price $900K / Reported Revenue $520K.

Southern California – A very well established independent life and health agency is now for sale. The agency has expertise with Life, Long Term Care Disability and Annuity business. Licensed to do business in CA, TX, NY and CO. Asking Price $300K / Reported Revenue $110K.

Southern California – This is an established independent high-end home owner’s property and casualty book of business. This agency is in a southern California city, between Los Angeles and San Diego (in an office complex not a retail location) and has no walk-ins. Asking Price $75K / Reported Revenue $40K.

New York State – This 40-year-old established independent agency is licensed and sells insurance and bonds in the states of New York, New Jersey, Connecticut and Maryland. 55% Commercial – 45% Personal Lines. This shop includes direct appointments with Travelers, Kemper, Utica National and more. Asking Price $580K / Reported Revenue $288K.

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. Please call (972) 395-8811 or contact us online for additional information on services and opportunities.