Buy an agency
LOOKING FOR AN AGENCY TO BUY?
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Thinking of acquiring an Insurance Agency?
Our team has decades of experience buying, selling and operating Insurance Agencies. Give us a call.
Purchasing an existing Insurance Agency can pay dividends to your family for generations. We believe there is no better business model for the Investment. An established agency can produce cash flow for you day one. It is usually much safer and more profitable to buy an existing business than starting a new venture. According to the Small Business Administration, over 50% of startup businesses fail due to unproven concepts, lack of working capital, and poor management.
Acquisitions of existing agencies are at an all-time high due to the immediate returns and established business operations.
Advantages to acquiring an existing agency
Ability to review the agencies performance over time
Ability to forecast renewing revenue, monthly income and bonus potential.
Gaining established customers with the ability to cross-sell and add new.
Ability to work with lenders that understand the industry and have loan products dedicated to agency acquisitions
The need for additional working capital is reduced due to the immediate cashflow being generated by the existing book of business.
Obtaining trained and knowledgeable employees who are licensed and familiar with the business.