Independent P&C Agency For Sale

Listing ID: 700228710

Listing Title: Independent P&C Agency For Sale

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Industry: Business Services

Industry Segment: Financial

Country: United States

State / Province: Kentucky



Asking Price Range: $500K - $1.0M

Gross Revenues: Seller Will Provide

Cash Flow: Seller Will Provide

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1998

Number of Employees: 4 - 5

Business Description:
Independent P&C agency for sale in N. Kentucky (Cincinnati/Lexington/Louisville) with commissions around $600,000 per year. Profitability is very good with ultra low labor costs. The owner is seeking 2X+ annual commissions for a selling price with at least 50% at closing. Key items this seller is seeking in buyers include: 1.) have cash on hand to close the transaction or be preapproved by a lending institution, 2.) have strong management experience growing P&C agencies, 3.) have experience buying independent P&C agencies and 4.) be ready to make a quick decision based on full due diligence delivery. Ron Christopher Co., Inc. is an M&A firm based in Columbus, Ohio that helps match-up buyers and sellers of independent P&C agencies. We work nationally and have been working in the P&C agency market for 6 years. In 2014 we’ve closed 11 transactions and our fees are paid by the buyer at closing. Please take note of the above criteria before responding back and we politely decline from working with business brokers.

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