Hot Listing
Surplus Lines Insurance Agency For Sale
Business Description
Insurance Agency For Sale
This Agency presents an exceptional acquisition opportunity for a buyer seeking to expand in the niche market of Surplus Lines with a well-established foundation. Founded in the mid-1960's, the Agency has built a stellar reputation for serving an educated and licensed group of specialized professionals that continues to expand and grow and whose services will remain a perpetual need. Its tailored insurance program, exclusive agreements with wholesalers, and direct carrier appointments provide a competitive edge in the industry. With recurring client business, stable revenue trends ranging between $400,000 and $500,000, and minimal claims even during challenging market conditions, the Agency offers a unique blend of reliability and growth potential. The Seller’s willingness to sign a non-compete agreement and assist with a smooth transition adds further value, making this a rare and attractive investment opportunity.
NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
About the Business
- Years in Operation
- 59
- Employees
- 2
- Facilities & Assets
- There are no facilities associated with this Agency.
- Market Outlook / Competition
- There is a lot of competition in the Insurance industry. This is an excellent opportunity for growth through acquisition.
- Opportunities for Growth
- The Agency has significant growth potential, particularly in California, where additional markets, including past clients, can be tapped into. Additionally, the Agency is already recognized in a few other states, providing a foundation for expansion. With the right investment of time and effort, such as being a participant at client events, this specialized program has the potential to scale nationally, unlocking new opportunities and revenue streams.
About the Sale
- Seller Motivation
- The Seller is ready to retire.
- Transition Support
- To ensure a smooth transition and ongoing success the Sellers will work with a buyer as needed with negotiated terms.
- Financing Options
- TBD if structure and terms are acceptable.
Listing Info
- ID
- 2327413
- Listing Views
- 1774
Listing ID: 2327413 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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