California

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