Established Insurance & Retirement Planning Agency with Recurring Revenue - Business for Sale
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Insurance & Retirement Planning Agency in Kennewick, WA
Kennewick, WA, US
Added 4 months ago
Insurance and Retirement Planning Agency
Absentee / Semi-Absentee
This independent insurance and retirement planning agency in Kennewick, WA serves pre-retirees and retirees with services including retirement income planning, Medicare guidance, tax-aware planning, and basic estate planning education.
Key Information
Asking
$538K
Revenue
$323K
Earnings
$228K
Multiple
2.4x
Key Highlights
- Business has operated for several decades
- Owner works part-time and is supported by two administrative staff
- Product mix: annuities (~40%), life insurance (~30%), long-term care (~15%), Medicare supplements (~10%), hourly consulting (~5%)
- Book includes low eight figures of in-force annuities with annual trails and recurring renewals
- Client retention rate is approximately 95%
- Office operates from owned real estate in Kennewick, WA; real estate can be included or leased
- Buyer will need an active state Life & Health insurance license
Contact Info
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