Independent P&C Agency – Mobile, AL

This agency has around $110K in annual commissions with a mix of “standard” and “non-standard” business. The owner would like to work 3-5 years after a sale occurs and they are seeking $205K to $230K for the business. Lastly, they’d like mostly cash at closing but are flexible with payment terms.

Contact: Joel Farley

Independent P&C Agency – Phoenix, AZ Area

This agency has $220K in annual commissions and does 100% “non-standard” insurance. The business can be relocated in the near vicinity and the owner is seeking $400K for the business is $250K paid at closing.

Contact: Cindy Walker

Independent P&C and L&H Agency – Greater Sacramento Area

This agency is located in the Greater Sacramento area and 85% of its commissions are P&C products. The rest of the business is mostly health insurance and overall 70% of the business is commercial and 30% personal. The selling price is 2X annual commissions with flexible payment terms.

Contact: Ken Hill

Independent P&C/L&H Agency – San Diego, CA

This agency has $185,000 in annual commissions with $25,000+ in annual “broker fees”. 80% of the total business is P&C with an additional 19% being health products and 1% being life products. 70% of the P&C is “non-standard/non-preferred” and 30% is “standard/preferred. Business grew 10% this last year and the owner is seeking $630,000 for the business. Finally, as for payment terms, the seller is very flexible assuming the buying can put down a significant down payment.

Contact: Joel Farley

Independent P&C Agency – Suburban Los Angeles

This agency has nearly $700,000 in annual commissions and is growing 10%+ year-over-year.  There is a 80% commercial vs. 20% personal split in business and the selling price is 3X annual commissions.  Payment terms are flexible.

Contact: Ken Hill

Independent P&C/L&H Agency – San Diego, California

This agency has $170,000 in commissions with an additional $50,000 in agency fees.  80% of the business is P&C products with the remainder being mostly health products.  The P&C is all personal lines and the owner is seeking $625,000 for the agency with 90% cash paid at closing (very firm on pricing and terms).

Contact: Joel Farley

Independent P&C Agency – Metro Louisville Kentucky

This agency has $60K in annual commissions with a 90% personal vs. 10% commercial split in business. Overall 5% of the business relates to life insurance. The office can be relocated and the seller is seeking 2.5x commissions for a selling price. 80%+ cash is sought at closing.

Contact: Cindy Walker

Independent Benefits Agency – Metro Detroit Michigan

This agency has $490,000 in annual commissions and sells mostly benefits (i.e. life, health & Medicare products) but also P&C products. Overall there’s a 80%/20% split between benefits and P&C products. $350,000 is the selling price and buyers who can pay 100% cash are sought here.

Contact: Cindy Walker

Independent Benefits Agency – North Carolina

This agency specializes in selling benefits (i.e. health, dental, vision, disability etc.) to mostly individuals. However, 15% of their business is corporate/group sales. Commissions are $750K per year and the selling price is 1.25x annual commissions. 50%+ cash sought at closing.

Contact: Ken Hill

Independent P&C Agency – Pittsburgh, PA

This agency has $350,000 in annual commissions with 50% of the total business being “non-standard”.   There’s a 49% personal vs. 51% commercial split in business and the owner is seeking 2X annual commissions for a selling price.  Furthermore, he would like to lease the office space to the new owners.

Contact: Ken Hill

Independent P&C Agency – Rural Central South Carolina

This agency has $100,000 in annual commissions with a 85% personal vs. 15% commercial split in business. The owner would like to either sell or rent the office building. The selling price for the business is $160,000 with flexible payment terms and 60% if the business is “non-standard auto”. All reasonable offers considered.

Contact: Cindy Walker

Independent P&C Agency – Western Virginia

This agency has $200K in annual commissions and is 95% P&C products with less than 5% of the business being Life & Health. 60% of the business is “standard/preferred” with 40% being “non-standard”. The seller is seeking 3x commissions for a selling price with flexible payment terms.

Contact: Cindy Walker

Southern US

TPA for Workers Comp., $400K+ revenues, 1.7X revenues selling price

Contact: Tom Bob