Independent property-casualty insurance agency for sale in Upstate New York. Highly profitable. Long operating history. Turnkey. Upside growth potential is MASSIVE. 54% adjusted EBITDA margin. 49% adjusted pretax income margin. 18% revenue growth over past 24 months. Top rated agency with excellent reputation. Access to over 150 top rated carriers. See attached PDF prospectus.

IMPORTANT NOTE:
This is NOT a good fit for private equity, a national or regional independent insurance
brokerage, or any other type of consolidator that is rolling up agency acquisitions. If
none of these apply, then please read on. This opportunity is specifically for a hands
on, active owner-operator, whom is a licensed and well-experienced property-casualty
insurance producer. See attached PDF prospectus.

The upside growth potential for this particular agency is MASSIVE. This agency is a highly regarded Upstate New York, full-service, independent property-casualty insurance brokerage with a very long operating history. See attached PDF prospectus.

Email me at the email address below and I will then send you an NDA to sign and return. The NDA must be signed and returned before I will send you any information or discuss anything via phone. Your email should contain your full legal name, complete physical business address, mobile phone number, and business email address. See attached PDF prospectus.

This investment opportunity is offered at an acquisition offering price of $14,479,000, which is based upon a professional, comprehensive, and certified insurance agency business valuation. See attached PDF prospectus.

• 54% adjusted EBITDA margin
• 49% adjusted pretax income margin
• 18% revenue growth over past 24 months
• Adjusted free cash flow is much more than adequate to easily service debt and provide an executive-level annual salary to new owner
• Runs on autopilot so tremendous upside growth potential for the right motivated buyer
• Long operating history of multiple decades
• Full service property-casualty with mix of 62% commercial and 38% personal policies
• Turnkey with solid staff, facilities, agency management system, and carriers already in place
• Economically booming area and economic outlook is VERY STRONG for this particular area, due to very unique economic development projects
• Access to over 150 top rated carriers
• Serves all of New York State
• Top rated agency with excellent reputation
• Seeking buyer whom is a fully licensed and well-experienced insurance agent producer who currently owns their own agency, or would like to own their own agency
• Years in operation: To be revealed after NDA is signed
• Total current number of employees, including owners: To be revealed after NDA is signed
• Latest annual revenue: To be revealed after NDA is signed
• Revenue per employee: To be revealed after NDA is signed
• Top 10 carriers: To be revealed after NDA is signed
• Number of personal policies: 6,090
• Number of commercial policies: 2,519
• Total number of active policies: 9,058
• Number of active policyholders: 4,338
• Cross-sell ratio: 62%, or average of 2.1 policies per policyholder (9,058 active policies/4,338 active policyholders)
• Percentage of book that is commercial versus personal: 62% commercial, 38% personal, by premium
• Percentage property-casualty policies of total policy count: 96%+
• Percentage life/health/benefits policies of total policy count: Inconsequential
• Average retention rate: 90%
• Loss ratio: Varies by book but most are profitable to very profitable. 23 straight years of loss ratio bonuses. All carriers have similar results with occasional shock losses on smaller books
• Quote-to-bind ratio: estimated 65%
• Primary geographic market served: 90% NYS, 75%+ Central New York. See attached PDF prospectus.