Description Mid-sized independent P&C agency is for sale in the Charleston, SC. Commissions are approximately $200,000 to $250,000 per year with a focus on ''personal lines''. Owner wants to sell the building ($100,000 value) along with the agency for $750,000.
Key items important to this seller in buyers include: 1.) be able pay 75%+ cash at closing, 2.) be pre-approved with a bank/lender, 3.) continue to keep the agency running in the same area, 4.) have past experience owning and growing an independent P&C agency and 5.) experience purchasing P&C agencies.
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 10 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.