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Insurance agencies business

Unclaimed Licence required

Mckinney, TX

Est. revenue
~$4.4M
Likely sale price
$4.6M – $8.5M
Sale multiple of profit
2.7× (1.9–3.4×)
Employees
18
Established
2005

Overview

Insurance agencies business in Mckinney, TX, in business 21 years, with about 18 people on the books. Found in one public record so far. Insurance agencies: renewal commissions; licensed agents.

Key facts

Business type
Insurance agencies
Employees
18
Years in business
21 (since 2005)
Location
Mckinney, TX
Licence
Required

Why this business may attract buyers

  • Renewal commissions; licensed agents
  • Established 21 years, through more than one cycle
  • A team of 18, not a one-person shop
  • Holds the licence its trade needs, which a buyer takes on

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