Postings Advertise Forum Resources Blog Discussions Podcast About Us Register Login   
BizBen.com
500 New & Refreshed Posts, Postings Daily
Over 8,000 Postings & 2,500 Resources
Assisting Buyers & Sellers Over 25 Years!

Sort By
Most Recent
Price: Low To High
Price: High To Low
SDC: Low To High
SDC: High To Low

Show Only
For Sale Postings
Wanted Postings

Show Only Asking Price
0 to $99,999
$100,000 to $249,999
$250,000 to $499,999
$500,000 to $999,999
$1 million to $2 million
over $2 million

Show Only Annual SDC
0 to $99,999
$100,000 to $249,999
$250,000 to $499,999
$500,000 to $999,999
$1 million to $2 million
over $2 million

Select States
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Puerto Rico


Select Categories / Types
Auto Related  
Business Services  
Children Related  
Communications  
Computer / Internet  
Construction Related  
Entertainment Related  
Financial Services  
Health / Beauty  
Home Improvement  
Maintenance Related  
Manufacturing  
Media / Publishing  
Pet Related  
Photography / Video  
Real Estate Services  
Restaurant Related  
Retail Related  
Service Related  
Sports Related  
Transportation Related  
Travel Related  
Wholesale Related  

Attributes
With Real Estate
Real Estate Available
Franchise
Absentee Run
Semi-Absentee Run
Asset Sale
Home Based
Lifestyle
Relocatable
For Sale By Owner
Broker-Broker Coop
SBA Loan Pre-Qualified
Training And Support
Owner Financing

Filter Results  Right Arrow

 
Share:  
Search Similar Postings

For Sale: Insurance Agency - Book Roll - Houston Area

NDA   |  
  Print This Posting  |  Similar Postings  |   |  Potential Buyers

Current Status: Active     Posting #: 267417     Last Refreshed: 5/5/21    
Contact: Rick Carlson At 833-776-6682  -  Also Email This Contact Below
Asking Price:  $3,800,000     Down Payment:  Call / Email     Annual SDC:  Call / Email     Annual Gross:  $785,000    
Business Address:  None Given     City:  Houston     Zip:  77339    
Attributes:  Broker-Broker Coop, Training & Support
Print Non-Disclosure Agreement       View All For Sale & Wanted To Buy Postings & Content From Rick Carlson
We are representing an independent insurance agency that is looking to complete a divestiture in the form of a book-roll for their overall insurance book of business.

Bullet points on the Company:

* 85% Homeowners : 15% Standard Auto

* VERY STRONG OPPORTUNITY FOR CROSS SELLING strong potential to double total premium value within 1-2 years post-acquisition

* Essentially entire book of business is UNTAPPED RESOURCE FOR WARM LEADS - ready for cross selling opportunities

* Currently managing ~4,000 policies by dividing up entire book of business among 5-6 producers expectation would be to yield at least an additional 20-30 policies per month

* Currently working with > 30 carriers for their Homeowner clients, and in an effort to expand their capabilities before year end expected to add an additional (yet another) nationally known carrier to their lineup of Homeowner coverage offerings

* For an agency looking to get into offering risk coverage in the Homeowners space, the carrier market is starting to tighten up in some ways for a new Agency looking to get into the business of offering these lines

* This coupled with the concept that a smaller or newly created agency that is able to gain an appointment (or a few) with choice carriers, even with some access to the market place makes it impracticable to compete with a firm structured as a go-to carrier for the Homeowner's space access to over 30 carriers in the home market allows them to continue to write policies in any market environment (such as today's tightening market)

Detailed Information:

Facilities: NA

Competition: Absolutely

Growth & Expansion: Abundant growth opportunities, book is literally collecting income and strong potential for cross sells with the right agency and relationships, and bundle policies (if possible).

Financing: Depends on structure, minimal if any

Support & Training: As needed.

Reason for Selling: Retirement

To get more information about this Insurance Agency - Book Roll business for sale in Houston Area please phone Rick Carlson (Agent - BRE License #:01820673) at 833-776-6682 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #267417 on BizBen.com. In addition to phoning Rick Carlson, make sure you email Rick Carlson above to get more info about this Insurance Agency - Book Roll, to ask any questions or request an appointment to see this business for sale. Thank you.


Email Rick Carlson Below About This Posting
No Spam
For Best Results & Response, Email & Phone This Contact: Rick Carlson at 833-776-6682.
Questions Buyers Should Ask Sellers
Defining Sellers Discretionary Cash





Listen To Our Latest Podcast Session On Buying & Selling Small Businesses



Place A Posting To Sell Or Buy A Business, Search All Postings


Sell A Business Fast: Place A For Sale Posting Now To Sell A Small Business - 7 Programs To Select From >
Find A Business To Buy Fast: Place A Wanted To Buy Posting Today - Best Way To Find & Buy A Business >
Search Business For Sale & Wanted To Buy Postings On BizBen - 500 New & Refreshed Postings Daily! >

Featured Info: Related Advisors, Events, Resources, Blog Posts, Discussions, Postings

SBA Loan Financing To Buy A Business Need Financing To Buy A Business? SBA & Non SBA Financing Available Today

For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
Taking Back Up Offers Important Back-Up Offers: Crucial When Buying Or Selling A Small To Mid-Sized Business

An often overlooked aspect of selling (or buying) a small business is taking back-up offers during the entire process of selling (or buying) a business. Most sellers (or buyers) don't realize that over fifty percent of all deals/contracts fall out escrow or contract for one reason or another.
Buying An Absentee Small Business The Pros And Cons Of Buying An Absentee Run Small Business In California

Peter Siegel, MBA - BizBen Founder discusses the difference between a hands on owner and an absentee owner. It covers why someone would want to be an absentee owner and then goes on to discuss the pros and cons of buying an absentee run small business in the California marketplace.
Sellers Discretionary Cash Add Backs Add Backs: Defining Sellers Discretionary Cash When Buying A Small Business

The use of add backs & sellers discretionary cash is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains.
Why Many Deals Fail Why Many Deals Fail: Unrealistic High Asking Prices Are Usually The Culprit

The unfortunate truth is that approximately 50% of all small business sales transactions fall through. While failed transactions can happen for a variety of reasons, Peter Siegel, MBA (BizBen Founder & Lead Advisor) discusses the most common reason deals fall through; unrealistic asking prices.
Podcast For Business Buyers Podcast: Buying A Business: Insider Business Buyer Strategies & Protocols

Buying a small business is an often arduous process. Peter Siegel with BizBen.com shares his strategies on this new Podcast session with Brian Loring who asks all the current & essential questions successful business buyers tend to ask and get answered before buying a small to mid-sized business.
Diane Boudreau-Tschetter Escrow Services Diane Boudreau-Tschetter: Escrow & Bulk Sale Services Throughout California

California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.
Selling A Business 13 Crucial Tips Selling A Small To Mid-Sized Business: 13 Crucial Items To Sell A Business

Only 30% of all small businesses for sale that are put on the market overall are sold! A surprising statistic to most business owners, agents, and brokers trying to sell a small business! If however you follow the strategies (BizBen Protocol Method) in this blog post you should see success!
Great Questions To Ask A Seller As A Business Buyer What Questions Should I Ask The Owner, Seller Or Broker?

Asking the seller straightforward questions and getting straightforward answers in return is an important part of the buying and due diligence process. In this Discussion, both ProIntermediaries and Advisors offer thorough questions you should be asking during your meeting with a business seller.
Buying A Business Losing Money Should I Buy A Small Business That is Losing Money? Brokers & Agents Discuss

When considering buying a business that is losing money one has to be very careful. There are reasons that the business could be losing money that aren't fatal or extremely difficult to fix and there are other reasons that should send you running in the other direction. ProIntermediaries discuss.