P&C Personal Lines Insurance Agency For Sale 1342

This Agency offers an excellent growth opportunity for potential Buyers. It manages a portfolio of approximately 1,043 P&C policies, consisting of 70% standard and 30% non-standard policies. The Business is primarily focused on personal lines (99%), with 1% in commercial lines, and handles approximately $3 million in premium. With 27 years of experience and a remarkable retention rate of 97%, the Agency has a proven track record of success. Top carriers include Progressive, Kemper, and Travelers. This is a rare and exceptional Business opportunity not to be missed. NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners. Detailed Information Facilities: The rent is $750 per month, with utilities costing approximately $120 per month. Notably, the rent has remained unchanged since the Agency began leasing the space. The office is 750 square feet, located off a main road in a commercial building with ample parking available. Competition: There is a lot of competition in the Insurance industry. This is an excellent opportunity for growth through acquisition. Growth & Expansion: To stimulate growth and broaden the Company’s horizons consider expanding the commercial side of the Agency. Financing: TBD if structure and terms are acceptable. Support & Training: To ensure a smooth transition and ongoing success the Sellers will work with a Buyer as needed with negotiated terms. Reason for Selling: The Sellers are ready to move and retire from Insurance.