Independent P&C agency for sale in Central WV and the owner is seeking $1.45 million as a selling price. Commissions are around $650,000 per year and the owner is seeking 85%+ cash at closing. Real estate will be involved in the transaction above and beyond the $1.45 million selling price.
Key items this seller is seeking in buyers include: 1.) have a strong track record of growing independent P&C agencies, 2.) have cash on-hand or the financial backing to close the transaction and 3.) have past experience buying independent P&C agencies.
Ron Christopher Co., Inc. is a third-party M&A firm that works with insurance agencies. Our fees are paid by the buyer and are contingency-based (nothing due up-front). We politely decline from working with business brokers and would ask that only serious inquiries be submitted based on the details above. A non-disclosure agreement and commission agreement is required before agency-specific details are released (i.e. exact location, agency name, carriers etc.)