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Insurance agencies business

Unclaimed Licence required

Panama City, FL

Est. revenue
~$2.6M
Likely sale price
$2.8M – $5.1M
Sale multiple of profit
2.7× (1.9–3.4×)
Employees
16
Established
1961

Overview

Insurance agencies business in Panama City, FL, in business 65 years, with about 16 people on the books. Confirmed by two or more public records. Insurance agencies: renewal commissions; licensed agents.

Key facts

Business type
Insurance agencies
Employees
16
Years in business
65 (since 1961)
Location
Panama City, FL
Licence
Required

Why this business may attract buyers

  • Renewal commissions; licensed agents
  • Established 65 years, through more than one cycle
  • A team of 16, not a one-person shop
  • Confirmed by two or more public records

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