Independent P&C agency for sale in the Louisville, Kentucky area. The owner wants to retire but will help with a transitions. Commissions are approximately $120,000 per year and the owner is seeking $275,000 to $300,000 for the agency (all cash at closing). Pricing is not negotiable at this time, so many buyers many not have interest.
This is an excellent agency in the Louisville area for another local agency to absorb.
The seller desires to work with sellers who have the following characteristics: 1.) cash on-hand or be pre-approved for financing to close the transaction (no seller loan here), 2.) be a licensed P&C agent in Kentucky and 3.) have a strong track record of growing sales within a independent P&C agency.
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.)