Austin Independent Book of Business For Sale
Independent
Description
Independent agency book of business for sale. Only the book of business is for sale. The entity and brand are not for sale. Estimated proportions are as follows: 64% health insurance (primarily group health), 30% commercial lines, 6% personal lines. Most clients have been with the agency for many years. Over 20% of overall revenue (Texas Mutual is not included) is from P&C Standard Lines where these policies are transacted through brokers. If your agency has direct appointments with Standard Lines companies, you will gain an increase in commission at renewal just by bypassing brokers.
Financial Details
Price
$230,000
Premium
$1,200,000
Annual Revenue
$84,000
Expenses
$1
Policies In Force
104
Retention Ratio
98.00%
Loss Ratio
30.00%