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Insurance agencies business

Unclaimed Licence required

Albany, ME

Est. revenue
~$5.8M
Likely sale price
$6M – $11.1M
Sale multiple of profit
2.7× (1.9–3.4×)
Employees
35
Established
2009

Overview

Insurance agencies business in Albany, ME, in business 17 years, with about 35 people on the books. Found in one public record so far. Insurance agencies: renewal commissions; licensed agents.

Key facts

Business type
Insurance agencies
Employees
35
Years in business
17 (since 2009)
Location
Albany, ME
Licence
Required

Why this business may attract buyers

  • Renewal commissions; licensed agents
  • Established 17 years, through more than one cycle
  • A team of 35, not a one-person shop
  • Holds the licence its trade needs, which a buyer takes on

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