Insurance Agency, VERY Strong Book of Business
Sumner CO, TN
Asking Price: $1,500,000
Cash Flow: $496,000 projected, see description
Gross Revenue: $5,167,000
National Branded Agency
Middle Tennessee insurance agency since 2010, acquired three agencies in June, 2018, greatly adding to their volume of one of the strongest most respected brands of consumer and commercial insurance lines: As of late September: • 5,850 current policies held • $5,167,000 Active Policy Retention (Premiums) for all Policies Commissions since 3 agencies acquired, NOT including potential bonuses: • $192k YTD commissions (June-Sept 28) • $312k commissions projected total 2018 • $496k projected 2019 Lines carried: Auto, Business, Home , Life, Motorcycle, Recreational, Renters, Umbrella, and also offers Financial Solutions.