New York

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