$9.5m and growing Texas Agency
Farmers
Spring, TX 77386
Description
$9.5 million book of business for sale (two books approved to be merged into one - $7 million + 2.5 million) in the north Houston, Texas area. Well diversified book - good mix of lines of business AND geographically (customers state-wide), 79% loss ratio, 80% overall retention. Larger agency is a Prime Agency. Willing to offer current customer service team for 3-6 months (depending on agreement/contract), along with other services to assist with a more seamless transition of ownership. For more information please email us or message me directly (only interested buyers, please): Management@inscendo.org
Financial Details
Price
$2,600,000
Premium
$9,500,000
Annual Revenue
$1,000,000
Expenses
$0
Policies In Force
4,300
Retention Ratio
80.00%
Loss Ratio
79.00%