North East Ohio Based P&C Insurance Agency for Sale

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Financial Details

Asking Price:
$400,000
Annual Revenue:
$150,000
Cash Flow / SDE:
$150,000
Profit Metric:
Revenue
Valuation Multiple:
2.7x
Location:
Massillon, OH, US
Source:
Date:
September 15, 2025

Key Highlights

Established P&C agency in North East Ohio with multi-state licensing (OH, PA, MI, AR).
Includes two licensed staff members and potential for new agent bonus commission.
Leased office space with utilities included for $875/month, relocatable.

Description

This is a North East Ohio-based P&C insurance agency for sale, located in Massillon, OH. The business is a franchise and is relocatable. It currently employs two licensed staff members who sell policies in Ohio, Pennsylvania, Michigan, and Arkansas. The agency generates $150,000 in revenue. A new agent owner can qualify for a significant bonus commission (300% of monthly new business commission) for seven quarters. The business operates from a 3-story leased office building for $875 per month, which includes utilities. The asking price is $400,000, representing 2.5 times revenue, plus all equipment. Management is willing to stay on.

Industry Information

Industry Description:
Insurance Agencies, Brokers
Classification:
Financial Services

Operational Snapshot

Employees:
2

Real Estate & Lease

Status:
Leased
Monthly Rent:
$875 USD

Listing Details

Listing ID:
9e968a19-f468-46b2-b281-e38209558e98
Deal Status:
For Sale
Date Posted:
August 28, 2023
Last Updated:
September 15, 2025
Currency:
USD

Features & Tags

Franchise Opportunity This listing is explicitly mentioned as a franchise opportunity. Franchise
Quality Verified This listing meets our quality criteria and standards. Verified