A Proven Property and Casualty Insurance Agency in Heart of New York
Business Description
HS Listing ID-70196
Financial Overview
• Total Revenue: ~$312,500
• Commission Revenue: ~$282,500
• Agency Bill & Broker Fees: ~$30,000
• Written Premium: ~$2.64M
• 1,400+ active policies
• Personal Lines: ~82% | Commercial Lines: ~18%
• Homeowner retention rate: ~80–90%
Business Highlights
• Established independent agency
• Strong residential homeowners book
• Diversified commercial accounts
• Referral-driven growth with minimal marketing spend
• Remote-friendly, low-overhead operating model
• 1 full-time and 1 part-time employee
• Owners minimally involved in day-to-day operations
Growth Opportunities
• Cross-sell umbrella, flood, life, and commercial liability policies
• Expand auto insurance segment
• Implement digital marketing and SEO
• Grow partnerships with realtors, mortgage brokers, and property managers
This opportunity is ideal for:
• Existing insurance agencies seeking premium volume expansion
• Licensed producers looking to acquire an established book
• Strategic buyers expanding in the Queens and Long Island markets
The seller will assist with a transition period to ensure a smooth transfer of carrier relationships and client accounts.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Financial Overview
• Total Revenue: ~$312,500
• Commission Revenue: ~$282,500
• Agency Bill & Broker Fees: ~$30,000
• Written Premium: ~$2.64M
• 1,400+ active policies
• Personal Lines: ~82% | Commercial Lines: ~18%
• Homeowner retention rate: ~80–90%
Business Highlights
• Established independent agency
• Strong residential homeowners book
• Diversified commercial accounts
• Referral-driven growth with minimal marketing spend
• Remote-friendly, low-overhead operating model
• 1 full-time and 1 part-time employee
• Owners minimally involved in day-to-day operations
Growth Opportunities
• Cross-sell umbrella, flood, life, and commercial liability policies
• Expand auto insurance segment
• Implement digital marketing and SEO
• Grow partnerships with realtors, mortgage brokers, and property managers
This opportunity is ideal for:
• Existing insurance agencies seeking premium volume expansion
• Licensed producers looking to acquire an established book
• Strategic buyers expanding in the Queens and Long Island markets
The seller will assist with a transition period to ensure a smooth transfer of carrier relationships and client accounts.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Other business interests.
- Transition Support
- Yes.
Listing Info
- ID
- 2483933
- Listing Views
Listing ID: 2483933 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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