Large Independent Insurance Chain with Franchise Model

Atlanta, GA

Seller Financing Available

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Cash Flow:$7,094,594
Established Year:2000
Gross Revenue:$14,653,753
BUSINESS DESCRIPTION

Large Independent

Invest in Success: Leading Independent Insurance Chain in the Southeast
Explore the opportunity to acquire one of the Southeast’s premier Independent Insurance Agency Chains. This thriving business operates on a robust franchise model, offering both retail and shared office spaces across the states it operates in.

Business Overview: Established in 2009, this Independent Insurance Agency Chain boasts a formidable presence with 25 operational offices strategically located throughout the Southeast. The business has carved out a niche by partnering with top insurers like National General, Progressive, and Dairyland, ensuring a comprehensive suite of insurance products including Auto, Motorcycle, Home, Renters, Commercial, and Boat Insurance.

Franchise Model Advantage: The franchise system is a cornerstone of its success, empowering new franchisees with a turnkey setup that includes territory representation, carrier software integration, and extensive training. This structured approach has fueled growth, enabling the business to handle $80 million in premiums annually and generate substantial commissions.

Strategic Partnerships and Market Position: With strategic alliances with industry giants such as Allstate, Nationwide, Progressive, Kemper, National General, WeSignature, Gainsco, Alinsco, and AMTrust the business has cemented its position in the market. A user-friendly website enhances customer engagement by allowing them to compare agents and insurance options seamlessly.

Expansion Potential: While firmly rooted in the Southeast, strategic plans are in place to expand operations into Texas and Louisiana, presenting significant growth opportunities. The flexible franchise model empowers agents to own their book of business, fostering autonomy and driving network growth.

Acquisition Opportunity: This acquisition presents an ideal opportunity for strategic investors or PE firms looking for a large platform to bolster their footprint in the insurance industry. The business's proven model, diverse product portfolio, and strong financial performance make it a compelling investment.
Act Now: Seize this chance to acquire a leading Independent Insurance Agency Chain and propel your business to new heights.

NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.


DETAILED INFORMATION
Location
Atlanta, GA
Inventory
Not Included in asking price
Employees
100
Facilities
There are 25 offices in the state of North Carolina.
Competition
There is plenty of competition in the insurance industry. The Company has a well-established brand that continues to draw in new business.
Growth & Expansion
The Company does not currently actively market or advertise through traditional media. The growth is from word of mouth, organic and brand awareness. Although each individual office may choose to allocate funds towards traditional marketing methods and lead generation.
Financing
TBD if structure and terms are acceptable.
Support & Training
To ensure a smooth transition and ongoing success the Sellers will work with a buyer for a negotiated terms.
Reason for Selling
The Sellers are ready to retire.
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Wayne
McFarland
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Wayne McFarland