Established Independent Insurance Agency in Pinellas County, FL

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Financial Details

Asking Price:
$600,000
Annual Revenue:
$897,744
Cash Flow / SDE:
$335,550
Profit Metric:
Cash Flow
Valuation Multiple:
1.8x
Location:
FL, US
Source:
Date:
September 15, 2025

Key Highlights

Well-established independent insurance agency specializing in employee and executive benefits.
Strong client base with thousands of employees from a well-known Florida group.
Seller financing available, and management willing to stay post-acquisition.

Description

This listing presents a well-established independent insurance agency located in Pinellas County, Florida. The agency primarily focuses on employee benefit ancillary lines and executive benefits, including group disability, executive individual disability, and voluntary auto coverage. While there is minimal Property & Casualty (P&C) work, the majority of sales are derived from a substantial client base within a well-known Florida-based group, comprising thousands of employees. Prospective buyers are required to possess experience in handling Large Case Long Term Disability Programs. The business is not a franchise and is not relocatable. Real estate is not included in the sale. Seller financing is available, and the current management team is willing to stay on after the acquisition, ensuring a smooth transition. The asking price is $600,000, with reported sales of $897,744 and a cash flow of $335,550.

Industry Information

Industry Description:
Insurance Agencies, Brokers
Classification:
Financial Services

Real Estate & Lease

Status:
Not_included

Listing Details

Listing ID:
061393c0-a440-4b38-a9dd-149f8539d9d9
Deal Status:
For Sale
Date Posted:
June 26, 2024
Last Updated:
September 15, 2025
Currency:
USD

Features & Tags

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