SOLD – Dallas Personal Lines Insurance Book of Business – Priced to Sell!

SOLD! ‘Q4 2018

Dallas Personal Lines Insurance Book of Business – Priced to Sell!
Dallas, TX – (Denton County)
Seller Financing Available!
Zip Code: 75287

• Asking Price: $35,000
• Cash Flow: $12,000
• Gross Revenue: $15,360
• EBITDA: N/A
• FF&E: N/A
• Inventory: N/A
• Established: 2012

Business Description

Located in Dallas, Texas, the Agency Principals have over 50 years collective experience in the insurance industry: the agency’s service offering is focused on offering Personal Lines products to a diverse client base. The Agency Principals were formerly key executives and consultants for several large insurance companies and have sold several larger agencies over the years, with the remaining agency for sale here being their last holding.

The Agency offers Personal Lines insurance products from 19 different insurance carriers and has direct appointments with several major carriers. The Agency’s book has not been cross-sold and offers a significant upside through both further penetration and the addition of new product offerings and services.

All IP including the company website/URL is being sold in the purchase and the Agency Owner has indicated that he would be willing to provide previous marketing lists to a qualified purchaser. The Agency’s Commissions + Fees have been consistent with a break-down of the past four years as follows:

Trailing 12 Months:

• $11,495.45,
• 2017:$15,359.75,
• 2016: $17,846.04,
• 2015: $19,794.42.

The Agency provides a “white-glove” level of service and offers its clientele a distinctive mix of in-person service and the latest technology that gives their clients the service they want in a manner that fits each individual.

NDA is required to secure the first-round package on file with ProNova Partners.

Detailed Information

• Facilities: Portable nationwide.
• Competition: Always plentiful competition in the insurance industry, but if a Buyer maintains the well-deserved and well-earned reputation for excellence, Company will continue to out-pace local rivals.
• Growth & Expansion: Significant opportunities to grow a Dallas presence.
• Financing: If the price and deal structure are right.
• Support & Training: Seller agrees to offer help during a transition period TBD
• Reason for Selling: Retirement.