Insurance Agency in Charleston, WV
Finance & Insurance · Insurance Agencies
- Asking Price
- $700K
- Cash Flow
- $175K
- Gross Revenue
- $4.0M
- EBITDA
- $700K
- Location
- Charleston, WV
Annual renewals on a large portfolio of policies provide a steady stream of residual income for this branded insurance office. A seasoned team of licensed professionals manages the daily policy servicing and claims inquiries, allowing the owner to focus on agency growth and community networking. The business operates under a strict franchise-style model with a national carrier, utilizing proprietary software and marketing systems to maintain high client retention rates. New business is driven by corporate-led lead generation and local referrals, with performance-based bonuses supplementing the base renewal commissions. The carrier requires the incoming principal to maintain a physical presence at the office and reside within the local service area.
SBA 7(a) estimate
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