Independent P&C Agency – Southern Alabama

This agency has $300K in annual commissions and handles mostly “non-standard” policies. There’s one employee beyond the owner that runs the agency and the owner is seeking 2x annual commissions for a selling price. 80%+ cash at closing sought.

Contact: Ken Hill

Independent P&C Agency – Southern California

This agency has $900K in annual commissions with a 90% personal vs. 10% commercial split in business. 55% of the business is “non-standard”. The owner is seeking 2.5x his annual commissions as a selling price with at least 80% cash paid at closing. There may be some flexibility on the selling price if 100% cash is paid at closing.

Contact: Cindy Walker

Independent P&C Agency – New York City

This agency has $500K in annual commissions plus $90K in annual agency fees. The business is split: 50% home vs. 20% auto vs. 30% commercial. 95% of the overall business is “standard/preferred” vs. 5% “non-standard”. Also, the agency services an ethnic clientele and revenues are growing. The selling price is $1.8 million and 100% cash at closing is preferred.

Contact: Joel Farley

Independent P&C/Workers’ Comp. Agency – Northeast Ohio

This well-established agency has $240K in annual commissions and is growing year-over-year. 70% of the commissions come from W.C. related activities and the remaining 30% is P&C related. The owner is seeking 2.5x the annual commissions for a selling price with 100% at closing.

Contact: Joel Farley

Independent “non-standard” P&C Agency – Southeast Texas

This multi-location agency specializes in non-standard insurance. The total annual revenue is $930K (commissions plus agency fees) and the owner is seeking 2.5x their annual revenue for a selling price. Payment terms are up for negotiation with a significant downpayment at closing.

Contact: Ken Hill