EXECUTIVE SUMMARY
Established independent insurance agency partnership generating $1.9M in combined earned premiums with $220,000 annual revenue, representing an 11.6% revenue-to-premium ratio. This dual-location operation presents a strategic acquisition opportunity in the Chicago metropolitan insurance market.
FINANCIAL PERFORMANCE METRICS
• Combined Annual Revenue: $220,000
• Total Earned Premiums: $1,900,000
• Revenue Conversion Rate: 11.6% (premium-to-revenue)
• Asking Price: $600,000
• Geographic Coverage: Cedar Lake, IN and Crete, Chicago, IL markets
OPERATIONAL STRUCTURE
• Dual-agency model with 2 established principals
• Two strategic office locations serving Indiana and Illinois markets
• Mixed portfolio: Personal lines (primary) with commercial lines diversification
• Carrier relationships include AAA, Hartford, Progressive, and Travelers
• Remote operation capability for both locations
• Real estate advantage: Cedar Lake location includes owned building
MARKET POSITIONING
• Located in Valley County with proximity to Chicago metropolitan area
• Established customer base with continuous operations exceeding one year
• Diversified carrier portfolio reducing concentration risk
• Mixed product offering providing revenue stability
ASSET COMPOSITION
• Cedar Lake office: Owner-occupied building (additional asset value)
• Crete office: Leased facility with operational flexibility
• Established book of business across two markets
• Proven management team with local market expertise
This acquisition opportunity offers immediate cash flow, established market presence, and potential for operational synergies through the dual-location model. The 2.7x revenue multiple and diversified carrier relationships position this as a strategic entry point into the Chicago-area insurance market.
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