Savannah, GA

Georgia is growing - don't wait, cash flow is amazing! This established $9,200,000 premium agency is located in highly sought after Savannah. The agency owner has built an amazing business, will be retiring and is looking for the right successor to take over the reins and continue growing. The agency has been a multiple-year Trip & Bonus Qualifier, with a fully trained staff of 3 all ready for the transition. The Savannah metro area is an easy place to own a business, has an inviting community feel, highly rated private schools with college acceptance rates in the 90%+ and easy access to beaches, boating, fishing and other coastal towns! The Savannah area has a median home price of $500,000 and an average income of approximately $100,000. Families represent 65% of the community, and nearly 55% of residents own their homes. Search no more, you have found that turnkey opportunity that helps balance work and family!

Financials

• Asking Price
  $2,256,000
• Agency Earned Premium
  $9,200,000
• Agency Revenues (Annual)
  $1,050,000
• Agency Overhead Expenses (Annual)
  $600,000
• Policies in Force
  4,220
• Retention Ratio
  90%
• Loss Ratio
  43.90%

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