Book of Insurance Business For Sale

Springfield, MO (Greene County)

Book of Insurance Business For Sale
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Asking Price: $139,000

Established: 1994

Book of Insurance Business For Sale

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Asset Sale Description

Sale Price: $139,000

Commissions
2018: $69,845.11
2017: $60,212.38
2016: $42,970.68

Commissions in 2019 are expected to be higher than in 2018.

Highlights
• Agent/owner purchased an agency specializing in group health policies (established in 1994) through the Springfield-Branson VR BUSINESS SALES office in February of 2016.
• Most of the current customers were customers of the previous agency and have remained with Agent/Owner.
• Approximately 20 group customers currently
• No customer concentration - largest customer accounted for 12% of commissions in 2018
• Most groups being served have between 10-16 enrolled employees
• Five or six groups being served have between 2-6 enrolled employees
• Largest group has 23 enrolled employees

There is a substantial potential for increased commissions through cross-selling the current customers on dental, vision, and life and Aflac type business, and especially for P & C, as there are a couple of trucking companies, a big concrete company, and a printing company, among other types of businesses.

Carriers:
• Humana
• Anthem
• United
• Aetna
• Medova Healthcare
• Delta Dental
• Guardian
• Kansas City Life
• National General/Allied Benefit

Detailed Information

Location:
Springfield, MO
Reason for Selling:
Agent/owner wants to focus on another part of his agency
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Contact the Seller

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Jerry Myers, MBA, CBI

Asset Sale Listed By:
Jerry Myers, MBA, CBI

VR BUSINESS SALES - Spfd/Branson Office

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