Cleveland, NY
$104,900
Cleveland, NY
$104,900
Salt Lake City, UT
$105,000
Ardmore, OK
$749,000
New Hampshire
$1,050,000
Georgia
$5,000,000
Miami, FL
$995,000
Spartanburg, SC
$599,000
Miami Gardens, FL
$1,000,000
Matthews, NC
Cash Flow: $390,000
Albuquerque, NM
$950,000
Cabin John, MD
$375,000
Richardson, TX
$1,500,000
Florida
$875,000
Scottsdale, AZ
$899,000
Saint Charles, MO
Cash Flow: $200,000
Aaron Pfeffer
First Choice Business Brokers LA
Serving Los Angeles County, CA
First Choice Business Brokers is one of the largest business sales organizations in the U.S., listing over $12 Billion in businesses for sale since our foundation in 1994. First Choice Business Brokers specializes in business sales across all industries with transaction sizes from approximately $50,000 to $50 million. First Choice Business Brokers assists business owners in selling their businesses by locating and matching them with a buyer and managing the entire sales process. Additionally, we also work with business buyers to find the right business that meets their purchase criteria. With several offices located throughout the U.S., we have sold thousands of businesses, of all types, confidentially and efficiently through our vast buyer networks.
Bradenton, FL
$230,000
New Orleans, LA
$550,000
Cobb County, GA
$599,000
Franklin County, OH
$499,999
Franklin County, OH
$1,600,000
Bradenton, FL
$230,000
Butler County, OH
$450,000
Queens County, NY
$1,300,000
Charleston County, SC
$899,000
Berks County, PA
$615,000
Adams County, CO
$999,999
Atlanta, GA
$4,800,000
Chester County, PA
$100,000
Williamson County, TX
$825,000
Davie, FL
$175,000
Franklin County, OH
$1,100,000
Cuyahoga County, OH
$700,000
Long Beach, CA
$420,000
Ector County, TX
$2,790,000
Pennsylvania
Cash Flow: $500,000
Sacramento County, CA
$775,000
Newport News, VA
$389,000
Union County, NC
Cash Flow: $650,000
New Mexico
$650,000
Miami, FL
$9,000,000
Eric Espinoza
GLB GROUP Inc.
Serving San Diego County, CA
Green Life Business Group, Inc. California's Largest Cannabis Business Brokerage now representing operators throughout the United States via Green Life Business' affiliate program.
Pinellas County, FL
$3,500,000
Hollywood, FL
$1,100,000
Burlingame, CA
$1,950,000
Fenton, MO
$115,000
Cook County, IL
$430,000
Jefferson County, MO
$300,000
Hutto, TX
$1,050,000
Grayson County, TX
$201,800
Guilford, CT
$705,000
Insurance agencies listed and sold on BizBuySell are small, local businesses that act as intermediaries between insurance companies and their customers, offering guidance on a range of insurance products tailored to meet the needs of individuals, families, and businesses. Their primary role is to help clients identify and assess risks, and then offer suitable insurance coverage options to mitigate those risks.
Insurance agencies listed for sale typically have less than 10 employees, and in some cases include only the book of business to be acquired by an existing agency owner.
If you are in the market to buy or sell an insurance agency or book of business, it’s important to understand how these businesses perform financially, and how they are valued in the business for sale market. To help you get started, we have aggregated data from insurance agency for sale listings to surface typical financials as well as revenue and earnings multiples based on asking prices. These values can provide relevant context when evaluating individual businesses.
Market Overview
Number of Businesses Analyzed |
197 |
Median Asking Price |
$617,127 |
Median Reported Revenue |
$390,450 |
Median Reported Earnings |
$178,758 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
Insurance Agency Business Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
1.38 |
2.08 |
Median |
1.80 |
2.96 |
Upper Quartile |
2.25 |
4.20 |
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
Read the Report:
Insurance Agency Business Valuation Benchmarks
FAQs
How much does it cost to buy an insurance agency?
Prices vary depending on the size of the business listed, but the median asking price for an insurance agency is $617,127.
How much do insurance agency business owners earn?
Insurance agency owners report median annual sales of $390,450 and annual owner earnings of $178,758. These figures are based on businesses that have listed their annual revenue and seller's discretionary earnings.
How do I value an insurance agency business?
Valuing an insurance agency business involves considering several factors, including annual sales, profit, growth (or decline) trends, and demographic trends of the target market. Brokers, business owners, and business buyers will typically rely on valuation multiples to gauge business value relative to similar businesses in the market. Revenue multiples among insurance agencies listed for sale range from 1.38 to 2.25, with the median at 1.80. Earnings multiples range from 2.08 to 4.20, with the median at 2.96. These values suggest the average insurance agency business in the U.S. may sell for around 1.8 times its annual revenue, and 2.96 times its annual owner’s earnings.
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